Fear over the Evergrande situation heavily impacted all financial markets in the recent week. The crypto market faced another round of selling on Monday, as global financial markets fell under pressure as a result of Evergrande group facing potential default. The price fell all the way to $42,493 before the bulls managed to push the price higher again. On Tuesday, the price hit another low, as it tested the $40,000 level for the first time since 6. August. After the second test of support, the price showed some strength and managed to steadily climb all the way to the $45,000…


In last week’s letter I stated that Bitcoin has 2 likely options; either to climb back above 47,000$, which would probably result in another rally or retrace back to 42,000$ and bounce towards higher prices from there. The first of two options was the one that came to fruition. Bitcoin managed to slowly climb to almost 49,000$ and successfully retested as it bounced from the previous resistance line at 46,970$ on Saturday. Generally, slow upward movements of the Bitcoin price haven’t yet caused any significant rally in the majority of altcoins. The reason probably lies in last week Bitcoin’s drop…


Crypto is already transforming many spheres of everyday life, most notably in the area of finance. But it has much more to offer than this, and some aspects of the online world are still incredibly archaic in their complex and often unsuccessful ways of dealing with issues that crypto could solve in an instant.

One of these areas is media, and that’s why we’re thrilled to announce that we’re partnering with MILC (Media Industry Licensing Content), a project that is tackling the problems of traditional media head-on by building a direct bridge between the audience on one hand and the…


The past week started with strength in the price of Bitcoin. Bulls managed to push the price to another multi-month high, as it hit the 52,920$ on Monday. Having peaked, the price started to slowly reverse its course, which was followed by a sharp decline all the way to the support at 42,843$ in price. Such vast sell-offs are something that I think the crypto community has already got used to. My take on a catalyst for such action is the same as regularly. There were a lot of stop losses and liquidations getting triggered, and the cumulative selling resulted…


Crypto is an incredibly diverse area with so many different avenues of growth — from art and NFTs to entire countries embracing crypto — so that it’s easy to lose sight of the essential aspects of this sector that matter the most. The single most important thing for crypto to truly become global and achieve mass adoption is, we believe, scalability and speed.

That is why we’re incredibly proud to announce that we’re partnering with Elrond, a blockchain that has been on the cutting edge of innovation ever since they were the very first to implement sharding in 2018. Far…


In the past week, we’ve witnessed some strength in the crypto market, as Bitcoin managed to bounce off the support line at $46.7k and slowly, but steadily took off towards 50.000$. The threshold was eventually not only broken, but also surpassed as the price hit a multi- month high. It seems like a lot of investors are still rather reluctant to buy, however, while the price is testing the strength of resistance below roughly 50.500$. …


NewsCrypto Plans to Integrate Chainlink Proof of Reserve for Their Polygon Token Bridge

NewsCrypto is announcing their plan to integrate Chainlink — the world’s leading decentralized oracle network — into the token bridge that they announced this month. When it comes to blockchain interoperability and bringing cross-chain liquidity to DeFi, security is absolutely crucial, and there’s no better way to ensure it than by implementing the best and most trustworthy data sources out there.

Recently, the NewsCrypto team announced that they’re working on a token bridge for Polygon, the largest full-stack Ethereum scaling solution in the crypto space. The bridge…


There’s a lot going on in crypto this week: for example, Input Output Global announced that the Cardano ERC20 converter will come to testnet sometime next week, and this will enable users to bring ERC20 tokens over to the Cardano blockchain. As the number of crypto holders increases, so does the need to withdraw the money. Currently Bitcoin ATMs also known as BTMs are being installed at a rate of roughly 47 per day, with around 1200 being installed this month alone, so you’ll be able to find one every place you go in the not so far away future!


Bitcoin opened this week being worth $47k. It then experienced a somewhat steady decline until Thursday morning, reaching this week’s low at $44k. After that it skyrocketed, reaching almost $49k by Friday evening. It is now poised to close this week right at the crucial $49–50k level, which it needs to flip for further continuation. But Bitcoin is not the only currency experiencing a rise in its value right now, as the total market cap of crypto surpassed $2 trillion for the first time since the crash on May 19th. And while cryptocurrencies continue to rise, Polygon, an Ethereum scalability…


Bitcoin opened this week being worth around $43,5k. It then experienced a major rise on Monday evening, where it jumped to $46k. After that it stayed relatively still with its price fluctuating between $45k and $46k until Thursday, when it experienced a sudden drop to $44,5k. But by the end of midday Bitcoin started to rise again and it’s now poised to close this week at around $46k. Another noteworthy event in the crypto space this week is that Cardano became the third largest cryptocurrency by market cap, following Ethereum and Bitcoin. It moved past $2 on Friday morning as…

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