Altcoin Holder

2022-08-12 15:44:31 ​ Huobi Token Price Skyrockets By 21%; Here’s Why

The global crypto market registered a marginal drop over the past day. However, Huobi Token (HT) recorded a whooping price surge of more than 21% over the anticipation of a possible buyout.

Huobi Token 24 hr trading vol surges by 190%
As per the report, Leon Li, Huobi Group founder is in talks with several investors in order to sell his stake in the company. He is seeking to sell around 60% share of the crypto exchange.

It is expected that the deal will be done at the company valuation of around $3 billion. However, if this deal gets approval then it will be counted as the biggest takeover in the digital asset market.

Since the news broke out, the Huobi token’s 24 hour trading volume has zoomed by more than 193% to stand at $35.4 million. HT is trading at an average price of $5.38, at the press time. However, it is still trading down by over 86% from its all time high (ATH) of $39.8. Open / Comment

2022-08-09 12:00:15 ​ Celsius creditor committee says it will investigate conduct of Mashinsky and other insiders

A committee representing unsecured creditors of Celsius Network, the bankrupt crypto lender, issued its first official statement last night.

The group repeatedly singled out Celsius CEO Alex Mashinsky, stating that it intends “to thoroughly investigate the prepetition conduct of Mashinsky and other Celsius insiders, including the problematic asset deployment decisions, prepetition transfers, and other issues.”

Celsius suspended withdrawals on June 12, and a month later filed for Chapter 11 bankruptcy in New York. At that time, the company said it had more than 100,000 creditors.

The Official Committee of Unsecured Creditors was appointed on July 27, according to yesterday’s statement. It is made up of seven individuals and institutional representatives who lent funds through the platform. They are Caroline G. Warren, Thomas DiFiore, ICB Solutions, Christopher Coco, Andrew Yoon, Mark Robinson, and Covario AG.

“The Committee’s goal is to maximize the recoveries of account holders and unsecured creditors,” it said in the statement. “The Committee intends to be a vigorous participant in the Debtors’ bankruptcy and to put the interests of the Debtors’ account holders and unsecured creditors first.”

The group has hired White & Case, the law firm, as its counsel, as well restructuring advisor M3 Partners and blockchain consultancy Elementus. It has also appointed Perella Weinberg Partners, an investment bank specializing in restructuring, to advise on “potential transactions” that could help recoup lenders’ funds. Finally, it is in the process of appointing Kroll “to establish a website and call center to provide information regarding the bankruptcy process to account holders and unsecured creditors.”

Potential sales of bitcoin accrued through Celsius’ mining operations and of GK8 — the security firm it acquired for $115 million in November last year — are being explored, according to the committee’s statement. The committee will also investigate “strategic options to reorganize or sell the business (or portions thereof) to maximize value for account holders and unsecured creditors.”

Celsius owes $1.2 billion more than it holds in assets, per a statement made by Mashinsky. Open / Comment

2022-08-07 10:50:35 ​Dogecoin Loses 10th Spot in Crypto Rankings to Polkadot, DOGE Price Remains in Range

Dogecoin has been pushed out of the top 10 cryptocurrencies by market capitalization by Polkadot (DOT). Dogecoin now ranks as the 11th largest cryptocurrency with a market worth of $9.28 billion after relinquishing its previously held 10th position to Polkadot, which now has a market worth of $9.62 billion.

During the week, Japanese cryptocurrency exchange Bitbank added support for the duo of Dogecoin (DOGE) and Polkadot (DOT), as reported.

Dogecoin prices remain in range
Dogecoin's price largely remains unchanged despite a slew of positive news in the week highlighted by a new release, exchange listing and renewed backing from Tesla CEO, Elon Musk.

Michi Lumin, Dogecoin core developer, has announced the initial release of Libdogecoin, a C library of Dogecoin building blocks. Without the requirement for developers to have in-depth knowledge of blockchain technology, Libdogecoin is a C library that enables lightweight direct integration of Dogecoin into several platforms.

During a recent appearance on the "Full Send" podcast, Tesla CEO Elon Musk reiterated his support for Dogecoin. In response to a query on cryptocurrencies, Musk stated, "I'm mainly supporting Doge, frankly," while saying that it had "memes and dogs."

Musk asserts that despite being intended as a "ridiculous joke currency," Dogecoin has "real utility." He stated that compared to Bitcoin, Dogecoin has a larger transaction capacity.

The price of Dogecoin was $0.069 at the time of publication, slightly up over the previous day. Since the beginning of August, its price has been stuck in a range due to a barrier of $0.075. The general cryptocurrency price action remains lackluster as the crypto market continues to be plagued by macroeconomic concerns. Open / Comment

2022-08-05 20:00:11 In the Ultrade ecosystem, the ULTR token powers all functionality and fees.

You get paid with ULTR for referrals, liquidity providers, and market makers;
Stake ULTRs in the white label Ultrade Trading Suite - the more you stake, the higher the fee;
Traders can stake their ULTR for lower trading fees, while builders pay microfees in ULTR;
By staking ULTR, you'll be able to participate in project governance.

Plus, the community is awesome! Let's get together at Ultrade, https://t.me/+kAc_HgEmobliNjFh! Open / Comment

2022-08-05 14:00:11 ​ 595 Million Ripple (XRP) On The Move In 24 Hours

Large movements of XRP have continued to be recorded lately.

As interest in Ripple’s On-Demand Liquidity (ODL) increases, there has been a large movement of multimillion-dollar XRP transfers this month.

The funds have flowed around popular cryptocurrency exchanges, including selected members of Ripple’s ecosystem Bitso and Bitstamp, as well as unknown wallets.

Cryptocurrency whale tracking service Whale Alert has shared developments about hundreds of millions of XRP movements involving unknown wallets and cryptocurrency exchanges since the beginning of this week.

XRP Movement Around Exchanges and Unknown Wallets

Over the last 24 hours, the popular cryptocurrency whale tracking service reported that a total of 595,256,914 (595.26 million) XRP coins had been transferred between exchanges and unknown wallets.

First, 32 million XRP worth $11.84 million were moved from an unknown wallet to the Bitstamp exchange. Open / Comment

2022-08-03 17:00:06 BeKind has been listed on P2PB2B

BKND is available for trading on our exchange.
Trading pair: BKND/USDT

BeKind Token is the first Indonesian BSC token that facilitates and supports a robust, accountable system of charity/donation by using a clear and transparent platform.

The project aims to not only make donating frictionless, but fast and transparent too. By donating via the BKND platform and token, you are creating a true kindness without borders, one that speaks the universal language of unconditional love: no more hidden fees, no more excessive wait time, and no more unclear reports.

Enjoy your trading: p2pb2b.com/trade/BKND_USDT/

Learn more about the project:
Website: bekindtoken.io/
Telegram: t.me/BKNDtoken
Twitter: twitter.com/TokenBekind
LinkedIn: linkedin.com/company/bekind-token-bknd/
Facebook: facebook.com/BKNDtoken
Instagram: instagram.com/bkndtoken/ Open / Comment

2022-08-03 12:00:19 ​ ApeCoin Now Accepted by Fashion Giant Gucci

Italian high-end luxury fashion house Gucci announced that it now accepts ApeCoin (APE) in a Thursday tweet.

The coin will be available for in-store purchases in select boutiques in the U.S.

The Florence-based fashion giant initially started accepting cryptocurrencies in early May in an attempt to woo more crypto-friendly customers following the 2021 bull market. Apart from Bitcoin and Ethereum, Gucci also started taking payments in smaller cryptocurrencies, including Dogecoin and Shiba Inu.

Gucci customers are able to pay with the help of a QR code that gets sent to them via email. Last month, one of the biggest names in the fashion world also invested $25,000 in the decentralized autonomous organization (DAO) of non-fungible token marketplace SuperRare.

In February, the luxury house brand released a series of NFTs in partnership with toy brand Superplastic.

Other major names have also embraced digital fashion. Dolce & Gabbana unveiled its own NFT collection last September.

German fashion house Philipp Plein, which is known for its particularly garish outfits, started accepting cryptocurrency payments last August. In April, Philipp Plein, the controversial designer behind the brand, predicted that his company would earn roughly $16 million from crypto enthusiasts this year. Open / Comment

2022-08-01 12:00:11 ​ Shiba Inu Burn Rate Spikes 130%

According to the Shibburn blockchain tracking service, the famous memecoin saw a rapid increase in the burn rate in the last 24 hours as users burned 130% more tokens than usual. The Twitter account of the service shared some interesting numbers.

Since the announcement of the Shiba Inu crypto card, we saw a rally in the number of burned Shiba Inu tokens as users have been burning close to 1 billion Shiba Inu tokens per day, decreasing the supply massively, which is one of the main requirements for SHIB to have a chance for a reversal on the market.

Shiba Inu Burn
Because of the weekend, we saw a relatively low number of burned Shiba Inu tokens today as users have removed around 500 million tokens from circulation in the last 24 hours. But despite the number being below 1 billion SHIB, the total number of burned tokens today is still above average.

Shiba Inu price performance
For the last 44 days, Shiba Inu has been moving in a flag formation with some unsuccessful attempts to break up the upper border of the pattern due to the lack of purchasing power of SHIB bulls.

The pattern usually suggests that the assets are in consolidation and might soon face a spike in volatility, which is going to determine its movement on the market for the next few weeks or even months.

Considering the fact that Shiba Inu has been moving in a sharp downtrend for the last few months, the appearance of the pattern should be considered a positive factor for the cryptocurrency, as it now shows technical potential for a reversal.

At press time, Shiba Inu is trading at $0.000011 and showing an absolutely neutral price performance in the last 24 hours, without gaining or losing its value. Open / Comment

2022-07-30 20:00:10 Just a few weeks ago, I was looking for a replacement for my exchange, which I used on a regular basis.

While I was looking for a new exchange, I met a trader working with Bitswap.

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Below I leave a link to this project, I advise you to register, you will not regret it!

Bitsgap.com Open / Comment

2022-07-30 16:00:09 ​​ Ledger Wallet Adds Support For 100 Cardano Ecosystem Tokens

Less than two months after adding ADA to the Ledger Live app, Ledger has expanded its offering to include 100 Cardano ecosystem tokens.

Leading cryptocurrency hardware wallet Ledger has expanded support to include more Cardano ecosystem tokens. The famous cryptocurrency hardware wallet maker noted in a recent blog post that its users can now manage 100 native Cardano ecosystem tokens via the Ledge Live app.

Ledger clarified that it selected the 100 tokens without any form of bias. According to the announcement, the selection of the 100 Cardano ecosystem tokens was based mainly on the number of blockchain transactions completed within a specific period.

“100 native Cardano tokens just made their way to your Ledger Live app. Starting today, you can seamlessly explore the Cardano ecosystem by managing the World Mobile Token, DANA, and ADAX, to name a few, while leveraging the security of your Ledger Nano,” Ledger said in the announcement.

Some of the tokens selected include ADAX, ADA Shiba Inu, MELD, Aada DAO Token, BlackDoge, Cardano Gold, Cardano Native Token, DogeADA, MEOW, Kidz Coin, etc.

Ledger acknowledges that while there are numerous Cardano ecosystem tokens, it chose to support only 100 based on the number of blockchain transactions. Open / Comment