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Sahana Kiran

Trade crypto and more with PrimeXBT’s latest iOS app

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As the globe walks through the digital revolution, cryptocurrencies were seen playing a major role in the same. The ever-growing demand for crypto has resulted in the birth of several cryptocurrency exchanges. However, identifying the good ones in a sea of digital asset firms can be quite the task.

Further answering the ever-surging demand for crypto, PrimeXBT decided to expand and roll out its very own iOS application.

An individual, before diving into the crypto market or any financial market is required to entail a certain amount of knowledge. While it certainly can get complicated at times, exchanges like PrimeXBT simplify the entire process. Not just Bitcoin [BTC], but users of PrimeXBT have access to an array of different assets like commodities, forex as well as indices.

With a virtual presence across 150 countries, PrimeXBT has come a long way since the time it was founded back in 2018. More than 50 assets have sought shelter in the exchange. This not only includes prominent crypto assets like Bitcoin [BTC], Ethereum [ETH], and Litecoin [LTC] but also commodities like metal, oil, and gas. Forex and indices such as S&P500, DAX, and NASDAQ are also found in the platform.

A lot of exchanges have major barricades to trade. This includes the minimum amount required for trading. With PrimeXBT, users can start trading for as low as $5. Cost-effective transactions along with no hidden commissions are a true selling point of the exchange.

The crypto market currently entails thousands of assets. Consequently, it is perverse to hold or trade just one asset. Therefore, PrimeXBT offers a multi-currency wallet that allows users to access various assets. With so many assets on board, one can easily lose track of what they’re doing. Keeping this in mind, PrimeXBT rolled out the covesting feature, that helps users in monitoring the performance of their assets as well as covesting strategies.

All of the aforementioned features along with industry-leading safety and security processes makes this platform a widely sought-after one. In addition to this, PrimeXBT offers 24/7 live customer service.

Buy, hold and sell crypto with PrimeXBT’s latest iOS app

Most recently, the exchange rolled out its very own iOS application. iOS users can simply go to the Apple Store and look for the keyword ‘PrimeXBT’. Soon after this open the app and complete the registration process.

PrimeXBT iOS 1

The registration process is a must and couldn’t be any simpler. Once the app is open, users must enter details such as email address and set a password following this phone number then hit the Signup icon.

Then comes the verification process. Verifying your account is pertinent and this can be done with the mere inclusion of a code sent to the registered email. Users can start trading right after they provide details about their country of residence.

crypto

With so many attractive features, PrimeXBT is a safe and trustworthy platform. For those looking to dive into the world of crypto or any financial market, PrimeXBT would be a great choice.

Adidas to enter the crypto market? Partnership with Coinbase underway

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The crypto-verse has witnessed the entry of an array of high-profile firms. Sportswear platform, Adidas is the latest to veer into the market. However, the sportswear giant isn’t alone as a prominent cryptocurrency exchange, Coinbase was seen welcoming Adidas into the world of cryptocurrencies.

The crypto market has been booming. As the digital revolution was underway, cryptocurrencies were at the forefront of it. Starting from scratch to becoming a trillion-dollar industry, Bitcoin [BTC] and all the other coins in the market have come a long way. Now, with the emergence of NFTs, prominent firms, actors, singers, sports personalities have recently become a part of the industry.

German sportswear firm, Adidas went ahead a teased a partnership with Coinbase. While no intricate details were revealed, Adidas was rather vague with its announcement.

Adidas partners with Coinbase

In a recent tweet, the sportswear giant dropped a hint about entering the crypto market with the tweet that read, “We’ve partnered with @coinbase. Probably nothing.”

Crypto fans, as well as enthusiasts of the sportswear brand, were excited and confused over this tweet. Coinbase decided to acknowledge and affirm this union with a mere handshake emoji. The tweet read,

Fans that were confused started coming with conjectures about the same. While some suggested that Adidas would soon start accepting crypto as a method of payment, a few others suggested that the firm could be diving into the NFT space just like its rival Nike.

Just a couple of days ago, the sportswear giant bought a piece of land on The Sandbox. These activities certainly suggest that the firm was going all-in on crypto.

Speaking about its rival Nike’s entry into the world of NFTs, a Twitter user [@nftfuturist] stated,

“Nike needs to step up they are only dabbling with Roblox Nikeland whereas Adidas is going head first in to the crypto metaverse with coinbase!”

As the community awaits an official announcement with more details, the sportswear firm’s entry into the market has got everyone delighted.

Elon Musk calls Binance “shady”; CZ hits back by calling out Tesla’s software glitch

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Meme coins like Shiba Inu [SHIB] and Dogecoin [DOGE] have been flourishing. Elon Musk’s DOGE endorsement gave the altcoin a much-required momentum. The popularity of these assets has been emerging by the day and the need for crypto exchanges has never been more.

Recently, one of the world’s most popular crypto exchanges, Binance endured a bit of an issue with regard to Dogecoin withdrawals. Following a technical issue that prompted several DOGE transactions into the accounts of Binance users, the exchange froze DOGE withdrawals for a period of two weeks.

While several users continue to face issues in withdrawing their funds, Tesla’s Elon Musk went ahead and called out Binance’s CEO Changpeng Zhao. Replying to an article posted by a prominent news agency, Elon Musk asked CZ about the whole DOGE withdrawal scenario. He went up a notch and even suggested that the situation was “shady”.

Elon Musk
Elon Musk calls Binance "shady"; CZ hits back by calling out Tesla's software glitch 4

An array of Twitter users took this opportunity and went on call Binance shady for not letting people carry out withdrawals.

Elon Musk gets a reply from CZ himself

Binance has been at the forefront of the big crypto revolution. Despite the tiny regulatory glitch, Binance has managed to amass a wide range of fans. From implementing new upgrades and onboarding new assets to diving into markets across the globe, Binance is one of the most popular exchanges to exist. Therefore, CEO Changpeng Zhao didn’t hold back.

Back on November 12 itself, a Twitter account by the name Dogecoin Developers decided to shed light on the Binance and DOGE withdrawal situation. CZ tweeted,

In addition to this, CZ replied to Elon Musk’s initial comment and apologized for the inconvenience caused by the situation. CZ wrote,

“Elon, we are pretty certain it is an issue with the latest #doge wallet. We are in communications with the devs. Apologies for any inconvenience that may have caused you.”

Along with this, CZ called out Musk over a software glitch in Telsa that put the safety of nearly 12,000 US vehicles at stake.

Shiba Inu [SHIB] leaves top 10 as Avalanche emerges stronger

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Shiba Inu [SHIB] decided to take a breather following a long stay below the crypto spotlight. While SHIB was taking its break, other coins flourished and managed to overpower the meme coin. Not only did SHIB notice a drop in its ranking, but the altcoin’s price also followed suit.

The fervor around Shiba Inu has been at its peak. The altcoin’s significant price change put several coins to shame. However, volatility continues to haunt the asset. SHIB witnessed a major drop of nearly 10.94% over the previous seven days while altcoins like Avalanche [AVAX] and Crypto.com coin [CRO] witnessed a 50% and 93% increase, respectively.

Not just SHIB, AVAX decided to briefly overtake Dogecoin [DOGE] as well. But, this didn’t seem to last too long as Elon Musk’s favorite crypto-asset regained its position.

Circling back to SHIB, it was noted that the altcoin was trading for $0.00004259, during the time of writing, This drop was following a 5% price change over the last 24-hours.

Furthermore, Shiba Inu stood as the 12th largest cryptocurrency. The chances of SHIB overtaking its counterpart AVAX were rather bleak as the disparity between the market cap of the coins was too high. At press time, SHIB’s market cap was at $23.4 billion, whereas AVAX was at $28.9 billion.

Shiba Inu [SHIB] one-hour price chart on Coinbase

Shiba Inu
Shiba Inu [SHIB] leaves top 10 as Avalanche emerges stronger 6

Times were certainly tough for SHIB. The short-term price chart of the meme coin had bears camping in its market. The Parabolic SAR indicator has been residing in the bearish region for the longest time now. Even if there are signs of the bull it was extremely dainty. Currently, dotted lines were imposed over the price candles further restricting any upward movement.

The MACD indicator embodied a similar emotion as it underwent a bearish crossover. The Relative Strength Index [RSI] indicator notified that Shiba Inu was being overtly sold.

Grexie launches its free GREX token globally, integrates Onramper

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Grexie, the creator of GREX, an ERC-20 crypto token offered for free on the Polygon blockchain, announces the global launch of its token alongside integration with Onramper, a fiat-to-crypto gateway aggregator that puts all major gateways in a single solution. GREX’s initial price is determined by the Polygon gas fees associated with each transaction and fosters price appreciation through deflationary tokenomics.

Ever since Ethereum became a deflationary cryptocurrency with the EIP-1559 mechanism coming into play, deflationary tokens have become a staple of the broader digital assets market. Not all deflationary currencies, however, offer favorable tokenomics for investors. Grexie brings the advantages of deflationary mechanics to the table while offering ultimate accessibility through an entirely free token. By integrating Onramper’s fiat-to-crypto gateway aggregator, consisting of a widget and an API, Grexie’s token holders can frictionlessly exchange their tokens for fiat down the line as they rise in value.

Grexie provides users with allocations of its limited-supply GREX tokens for free, alongside a negligible gas fee for processing the transaction on Polygon. They can receive up to 1 million GREX per allocation, and that cap decreases with each allocation. Going against the culture of overly-inflated ICO token valuations, GREX’s token valuation is determined by market forces, while the token itself is provisioned to users through a long-running community distribution model.

Affiliates receive ten-percent extra to promote GREX. Since the gas fee remains roughly the same, the value per token solely based on the gas fee roughly doubles every 350 million issues. People interested in receiving GREX can do so by connecting their wallets, using MetaMask or any other Web3 wallet provider, and joining the ICO at the project’s homepage.

“Everyone at Grexie is excited to start this journey,” says Tim Berhsin, CEO of Grexie.

“We believe that a combination of accessibility, frictionless onboarding, and ensuring that token value is more market-led offers a true value proposition for bridging the gap between current and future financial systems, and integrating with Onramper represents the first of many steps toward this ultimate goal.”

“We’re proud to add GREX to our ever-growing list of clients making fiat on ramping frictionless,” says Thijs Maas, CEO of Onramper. “We’re also excited because we share many of the same guiding principles as Grexie, including re-defining how payments, value transfer, and financial services should work.”

Manchester City withdraws partnership with sus crypto firm within a week of signing

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Football fans were elated following the entry of many clubs into the crypto space. Manchester City, a prominent English Premier League football club surprised its fans by partnering with a crypto firm. However, within just a week, the platform withdrew its deal.

The crypto-verse is home to an array of platforms. With thousands of coins in the market, the exchanges or firms surrounding have also multiplied. While the emergence of these platforms has aided in the growth of the industry, scammy projects sometimes camouflage amidst the good ones bringing great loss to investors. Identifying these kinds of projects can be difficult at times but is never impossible. Manchester City decided to step up and break off its partnership with 3key Technologies.

Back on November 12, Manchester City struck a deal with 3key to spread the word about the prospects of decentralized finance aka DeFi. The senior vice president of Global Partnership Sales, City Football Group, Stephen Cieplik stated,

“We are excited to partner with 3Key in their journey to simplify the decentralised finance (DeFi) trading analysis user experience through the power of football to engage with our fans with a range of content and activations.”

However, the football club revealed it wanted to withdraw the partnership after it conducted its due diligence.

Manchester City suspends deal with DeFi firm

Almost every firm across the globe has an online presence. Not only the firm but the people part of it also make sure to leave a digital footprint. During the investigation conducted by the football club, it was noted that the executives of 3key Technologies did not have a major online presence.

While there is no proof that 3key is a scammy project, several in the community believed that its low-key online presence was suspicious. Further considering the list of prominent personalities getting duped over crypto projects, Manchester City’s decision to withdraw the partnership seemed legit.

Solana [SOL] awaits the entry of the bulls to garner support at $200

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Solana’s [SOL] entry into the crypto market was game-changing. The asset entered the industry and managed to amass the interest of investors from across the globe. Solana walked in and overpowered an array of assets that have been in the market for quite some time now. However, the ongoing bearish notion was hard on to altcoin as it slipped below the $200 mark.

Bitcoin [BTC] investors were enduring quite the loss as the world’s largest cryptocurrency dropped to a low of $56K. The market cap of Bitcoin was hanging on a dainty string just a little above $1 trillion. This caused a slight drop in the overall market cap which slumped to $2.52 trillion.

Coming back to Solana, the asset experienced a reduction of about 3% over the last 24-hours. Therefore, the altcoin’s price, during the time of writing was $202. As the asset failed to establish a strong line of support, it dropped below the $200 zone for a while. Throughout the week, the asset encountered deterioration of about 10%.

SOL’s market cap was at $61 billion. This further allowed the altcoin a spot as the fifth-largest cryptocurrency. Solana had preceded prominent assets like Cardano [ADA], XRP as well as Polkadot [DOT] in terms of market cap and ranking.

Solana [SOL] one-hour price chart on Binance

Solana
Solana [SOL] awaits the entry of the bulls to garner support at $200 8

The short-term price chart of SOL unveiled the entry of the bulls into the market. Dotted lines were developed below the price candles by the Parabolic SAR indicator. This line acted as support against abrupt downtrends. The MACD line took over the signal earlier today forming a bullish crossover. With such strong bullish sentiment, the chances of SOL formulating strong support above $200, were high.

The Relative Strength Index [RSI] indicator revealed that Solana had traversed into the buyers’ arena. The RSI marker noted that increased buying activity had just commenced in the SOL market.

Hillary Clinton discusses crypto and its ability to shake up the world economy

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The crypto-verse seems to have caught the eye of the entire world. Hillary Clinton, who previously served as the Secretary of State is the latest to comment on the crypto wave. However, Clinton sent out alerts about how the crypto market had to ability to destabilize entire countries.

Sports personalities, actors, singers, politicians, and even the average Joe have expressed interest in crypto. An array of people were seen getting on the crypto bandwagon. Just as governments started to recognize cryptocurrencies, particularly Bitcoin, a prominent personality, Hillary Clinton decided to lay out the possible hazards of incorporating crypto into the system.

This isn’t the first time that a politician took a jab at the industry. Previously, several officials were seen calling out the crypto market for its volatility and decentralized nature, now, for the first time, Hillary Clinton chose to speak about it.

During a recent appearance at the Bloomberg New Economy Forum, Clinton addressed the surge in the demand for cryptocurrencies. Through this online appearance, Clinton revealed that cryptocurrencies had the ability to undermine the dollar that has been raging over the markets for the longest time.

Hillary Clinton, the latest crypto critique?

Cryptocurrencies have a lot to offer and these assets stand out from traditional fiat money. This, along with the world’s digital metamorphosis paved the way to the increased adoption of crypto. As the popularity of these digital assets grew, the fear surrounding the fall or decline of fiat currencies like the US dollar, began to erupt.

Further talking about the same, Hillary Clinton stated,

“One more area that I hope nation-states start paying greater attention to is the rise of cryptocurrency — because what looks like a very interesting and somewhat exotic effort to literally mine new coins in order to trade with them has the potential for undermining currencies, for undermining the role of the dollar as the reserve currency, for destabilizing nations, perhaps starting with small ones but going much larger.”

The crypto industry’s journey from being associated with the dark web to growing into a $2 trillion market is certainly commendable. Therefore, the fear of crypto taking over the world is justified.

XRP dives into the bullish realm after bears’ long haul

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The bears took over the crypto market and had no intentions of letting go. However, certain assets like XRP, Polkadot [DOT], and Dogecoin [DOGE] were seen exiting the bearish market. Avalanche [AVAX] was on a whole different level. The altcoin managed to surge by over 12% while all the other assets were drowning in the red sea.

Bitcoin [BTC] dropped below the $60K zone. But the king coin managed to steer back to $60,544. Additionally, the market cap of the world’s largest cryptocurrency was at $1.14 trillion and the global crypto market cap was $2.62 trillion.

XRP witnessed major fluctuations this year. This volatility wasn’t limited to its price as its ranking followed suit. The altcoin’s price finally surged beyond the $1 zone. XRP remained below a dollar for the longest time therefore, the asset’s move above this level was considered a major milestone for the altcoin. At the time of writing, XRP was trading for $1.10 with a 0.98% surge over the last 24-hours. Over the previous couple of days, the altcoin dipped by 11.11%.

From residing as the third-largest cryptocurrency, XRP slipped to the seventh position. The altcoin, during press time, stood as the seventh-largest cryptocurrency with a market cap of $52 billion.

XRP one-hour price chart on Binance

XRP
XRP dives into the bullish realm after bears' long haul 10

The one-hour price chart of XRP noted a strong bullish momentum. The Parabolic SAR indicator formed dotted lines below the price candles. This line acted as a major point of support against any abrupt downtrends. The MACD indicator mirrored this sentiment as it developed a bullish crossover.

All these signs were pointed towards the bull and the chances of the altcoin dropping down were quite bleak. Furthermore, the asset was sluggishly moving towards the buyers’ arena. The Relative Strength Index [RSI] indicator suggested that the asset was being excessively bought instead of being sold.

Quentin Tarantino’s “secret” Pulp Fiction NFT drowns in troubled water

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Prominent director Quentin Tarantino was the latest to dive into the NFT space. However, his secret Pulp Fiction NFTs had a lot of trouble surrounding them.

Non-fungible tokens aka NFT has everyone under its arm. A wide range of individuals have either rolled out their own NFT or have jumped into the bandwagon by purchasing them. The crypto-verse has undoubtedly garnered increased recognition following the emergence of NFTs. The fact that celebrities were diving into the space lured several into the market. Recently, director Quentin Tarantino surprised all his fans by announcing the sale of NFTs based on Pulp Fiction, a cult favorite movie.

Just a couple of days ago, Tarantino revealed that he would roll out about seven NFTs. This list included certain scenes from the early script that did not make to the screen. Quentin Tarantino fans were over the moon following this news. However, a seemingly huge roadblock was restricting the launch of this NFT.

Quentin Tarantino forthcoming NFTs slapped with a lawsuit

Entertainment firm, Miramax filed a lawsuit against the director alleging that Tarantino it still entails the rights to the movie. Quentin Tarantino reportedly kept his Pulp Fiction NFT plans under the wraps. Miramax had no idea and finally decided to hit back with a lawsuit.

Citing breach of contract, Miramax’s lawuit against Tarantino read,

“Left unchecked, Tarantino’s conduct could mislead others into believing Miramax is involved in his venture. And it could also mislead others into believing they have the rights to pursue similar deals or offerings, when in fact Miramax holds the rights needed to develop, market, and sell NFTs relating to its deep film library.”

The entertainment agency suggested that it wanted the court to put a hold and dissolve the sale of the Pulp Fiction NFTs. Additionally, Miramax wants Quentin Tarantino to handle the legal fees and costs in the copyrights infringement case.

Tarantino decided to respond through his attorneys who suggested that the sale of NFTs would come under the partial rights that the director entailed.