Author: Granit.M

IoTeX, began as an open-source project in 2017, and has since created a decentralized platform with the aim of empowering the open economics for machines. This IoTeX price prediction takes a deep dive into the project details, scope and the price movement in the years to come. This open ecosystem enables interactions between people and machines with the assurance of trust, freedom of choice, and properly constructed economic incentives. IoTeX is a platform that attempts to connect IoT devices (such as cameras and sensors) with decentralized applications. It is powered by the token IOTX. IOTX is used to fund transactions…

Michael Alan Stollery has pleaded guilty, after participating in a crypto scheme. Stollery is CEO of Titanium Blockchain Infrastructure Services, which earned $21 million from investors in an initial coin offering. He allegedly neglected to register the ICO with the Securities and Exchange Commission despite being obliged to do so, according to the U.S. Justice Department. Additionally, Stollery confessed to fabricating details of the white papers of the project and adding fake customer reviews to the company’s website. Furthermore, it was erroneously said that Titanium did business with the Federal Reserve and several well-known corporations. Investor funds were eventually “co-mingled”…

In the second quarter, Elon Musk’s Tesla sold 75% of its Bitcoin (BTC) holdings. Both inflation and the battery cell market’s rivalry affected the company’s overall profit. Even when cryptocurrency prices fell into a bear market in the second quarter, Tesla’s choice to sell the majority of its Bitcoin (BTC) assets resulted in the company making a sizable profit. According to an official Form 10-Q filing with the United States Securities and Exchange Commission, or SEC, Tesla reported $170 million in impairment losses “resulting from changes to the carrying value” of its Bitcoin (BTC) holdings in the first half of…

After reaching a high level in November 2021, the price of bitcoin has fallen more than 50% as of May 2022. After falling over the week to its lowest price in 18 months, Bitcoin has been able to recover. The price of the cryptocurrency is currently at $20 854.40. Other top digital currencies are likewise significantly lower than their previous highs. The marketplace has lost more than $1.5 trillion as a result of the decline, and analysts have warned that another “crypto winter” comparable to the one that occurred in 2018 may be approaching.   The unstable price of bitcoin emerges…

Before this week’s Federal Open Market Committee meeting, uncertainty is growing surrounding Bitcoin (BTC) and Ethereum (ETH). Additionally, during the next several days, the values of cryptocurrencies may be impacted by news and impending earnings reports from the five largest tech companies in the United States. The cryptocurrency market has seen volatility as talk grows around a number of eagerly anticipated gatherings this week. The next Federal Open Market Committee meeting, which is set to take place on Wednesday, July 27, will be particularly important to those who trade in cryptocurrency. In an effort to reduce U.S. inflation, which last…

According to KuCoin CEO Johnny Lyu, the company wants to make further investments and build infrastructure in the Indian market. He also disclosed that there would be a significant increase in the number of new users in 2022, with Indian consumers accounting for over 1000% of that rise. All reports, including those regarding insolvency, withdrawal pauses, job losses, and Terra (LUNA) risk, were denied by Johnny Lyu. Indian users have grown by 1251% in the first half of 2022, according to Johnny Lyu, CEO of KuCoin, in a chat with a local news outlet on July 25. Additionally, the CEO…

The THORChain multi-currency protocol features a cross-chain design that enables users to trade tokens from other networks, such as Bitcoin and Ethereum, with tokens from other networks. This Thorchain price prediction explores the project scope, the price movement, and the possible price movement in 2022 and beyond. Cryptocurrency traders and investors use decentralized exchanges since native networks cannot support operations of such trades. This issue is solved on THORChain with the formation of an interoperable environment. This environment lets a direct exchange of different cryptos between users. However, the users never leave the protocol nor require any intermediary. The decentralized…

Arweave is a project decentralized storage network initially declared in August 2017, rebranded in February 2018, and officially launched in June 2018. This Arweave price prediction explores the price movement of the token in 2022 and in the years to come giving our users an insight into the project scope and other details. Sam Williams and William Jones, two Ph.D. candidates at the University of Kent, found it to offer an unlimited data storage platform. A centralized leadership found Arweave, but as a decentralized autonomous organization consisting of core community members. It will also develop and expand the network and…

A decentralized cross-chain protocol called PolkaBridge is intended to serve as the main link between Polkadot and other blockchains. This PolkaBridge price predictions takes an indepth study into the market condition, the project scope and the future of the token. PolkaBridge, in addition to introducing a helpful DeFi function, also introduced a bridging service. The Polkadot network will soon replace the Ethereum blockchain, where it is now operating. Chain support will be introduced as required in the future. A large anonymous team runs PolkaBridge. They come from different cultures and fields of expertise, with the majority of the team members…

On Wednesday, July 20, Tesla revealed its Q2 2022 results, in which the electric vehicle manufacturer discussed its Bitcoin holdings. According to data, Tesla (NASDAQ: TSLA) sold 75% of its Bitcoin (BTC) holdings to increase its cash on hand. The company claimed that last quarter, the widespread COVID shutdown forced them to make this difficult decision. Tesla is forced to close its Shanghai production for 22 days in April, as a result. “The reason we sold a bunch of our bitcoin holdings was that we were uncertain as to when the COVID lockdowns would alleviate, so it was important for…