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Axie Infinity ($AXS) Price Up 22% In Last 24 Hrs; Here’s Why

Axie Infinity (AXS), the second-largest crypto game token by market capital, surged 22% to over $72 after developer Sky Mavis outlined plans to improve community governance in the eponymous game and progressively decentralize its economy. Reaction to the news was largely positive, helping AXS reach a two-month high. The token also saw trading volumes surge to nearly $2 billion. Launched in 2018, Axie Infinity is one of the most popular play-to-earn games. The game revolves around minting Ethereum-based NFT creatures, and...

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Is ENJ catching up to metaverse heavy-weights like MANA and SAND

Enjin Coin price has seen three green days with a nice run-up. This move comes after ENJ bulls breached a declining trend line that subdued it since 25 November. The recent uptick in bullish momentum suggests that ENJ is leading the Metaverse coins like MANA or SAND.

Metrics forecast more gains 

Enjin Coin price crashed roughly 75% in less than three months and bottomed around $1.20. The resurgence of buyers indicates that an uptrend is likely...

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SARMASWAP Token poised for widespread adoption, Aims to Become the Fastest Community in DeFi –

SARMASWAP Token poised for widespread adoption, Aims to Become the Fastest Community in DeFi

SARMASWAP, a deflationary cryptocurrency developed on the Binance Smart Chain, plans to create a robust network offering a next-generation decentralized swapping function. The project has come up with numerous ways to offer benefits for holders. BANGALORE, INDIAFri Feb 18 2022 04:00:00 GMT-0500 (EST) (Blockchain Wire)  Source link

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Exxon Is Using Excess Natural Gas to Mine Bitcoin

Key Takeaways

Exxon is piloting a Bitcoin mining program that utilizes previously wasted resources. The program is apparently utilizing 18 million cubic feet of natural gas each month that would have gone to waste. The energy giant might be looking to expand the program internationally.

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ExxonMobil Corp., the largest producer of oil in the United States, is testing a program whereby excess natural gas from North Dakota’s oil wells would instead be used for mining Proof-of-Work cryptocurrencies. The...

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Honduras Will Not Adopt Bitcoin as Legal Tender

Key Takeaways

Honduras’ Central Bank has stated that there is no plan to adopt Bitcoin or any other cryptocurrency as legal tender within the nation. Instead, it expressed greater interest in a central bank digital currency. Rumors had circulated that Honduras might follow in El Salvador's footsteps, but these appear to have been unfounded.

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Rumors that Honduras would soon adopt Bitcoin as legal tender have been laid to rest by the nation’s central bank.

Central Bank’s Remarks

As it happens, Honduras will...

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Litecoin: Why this level is critical to regain a bullish edge

Litecoin’s (LTC) previous rally saw notable gains that halted near the 61.8% Fibonacci resistance. Since then, LTC has witnessed a strong reversal for over four months now. From here on, If the current candlestick closes below or near to the previous green candlestick, it would confirm an evening star pattern (bearish). Thus, a close below the current zone could propel a test of the $106-floor before a possible revival. At press time, LTC traded at $121.425.

LTC Daily Chart

Source: TradingView, LTC/USD The...

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Ripple Price Prediction: XRP Price Trades Near 200-EMA At $0.85, Is $0.1 in play?

XRP price continues to slide steadily north following the $0.84 value area. Buyers are attempting to establish a demand zone near $0.80. Investors anticipate a reliable support area that can be a Launchpad for a bullish breakout. XRP price consolidates gains with limited price action. A positive breakout above the 200-EMA would bring $0.1 into play. The price hovers near the 200-EMA, which acts as a crucial support level

XRP price awaits a bullish breakout

Source: Trading view On the daily chart, the XRP price...

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Crypterium Token Officially Listed On Coinbase

London, United Kingdom, 24th March, 2022, Chainwire Transfers and wallet support for CRPT are now available on Coinbase. Crypterium, the fast-growing digital fintech solution helping customers manage their assets with ease, has announced its largest listing in the history of the company on the world’s biggest cryptocurrency exchange, Coinbase.  Transfers and...

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