OmniCron(OMC)

The recent decision by the Federal Open Market Committee (FOMC) to maintain US interest rates within the 5.25% to 5.50% range, a status quo held since July 2023, has elicited mixed reactions within the cryptocurrency community. While unchanged rates would typically be cause for celebration in traditional markets, many in […]

Following the recent announcement by the Federal Open Market Committee (FOMC) to maintain interest rates at current levels, the cryptocurrency markets have staged a robust rebound. Traders are feeling bullish, buoyed by the decision’s positive impact on both equities and the correlation between cryptocurrency and the S&P 500.

Disappointing flows into bitcoin ETFs over the past days partly resulted from investors trimming risks ahead of Wednesday's FOMC meeting, one market observer said.

Following the latest FOMC Meeting, Ethereum, the second-largest cryptocurrency, experienced a downturn in Thursday’s trading session amid market volatility. The price of ETH plummeted by 3% intraday, breaching the crucial $2300 support level. Despite the challenging market conditions, Ethereum continues to advance its core changes, notably with the upcoming 2024 […]

Post FOMC meeting, and Fed Chairman Powell’s talk of not having to make a cut in March has perhaps led to lower stock market prices, and also a continued bleed-out in the crypto market.

With the Federal Reserve’s FOMC meeting coming up later on Wednesday, $BTC and the altcoins are mostly in the red. Is this the typical dump before this meeting, or could there be a bigger correction?

Fed Chairman Powell will give his customary speech at the end of the FOMC on Wednesday. He is expected to announce that interest rates will stay the same. What are the likely repercussions for the crypto market?

From the latest USA developments to the BONK mania, there's a lot to unpack from the past week in crypto.

AVAX was on the run lately, but has retraced by more than 10% in the past 24 hours.

Bitcoin heads into November to tackle Fed rate decision day after BTC price cements its second best month of 2023.

Bitcoin (BTC) experienced a price drop earlier this week, falling below the $27,000 mark, as investors digested reports from the Federal Open Market Committee (FOMC) meeting following the Federal Interest Rate decision.

Bitcoin traders get none of the volatility they hoped for, and BTC price slowly drifts back to intraday lows.

Immutable has taken the main stage with a massive 30% daily surge.

In a pivotal move, the Federal Reserve, during its recent FOMC meeting, chose to maintain interest rates at their current levels. However, the central bank left the door ajar for potential future rate hikes, sparking significant market speculation. This decision comes at a time when the global financial landscape is witnessing increased turbulence, as exemplified […]

Bitcoin weathers the Fed's decision to keep rates at their previous levels, while Chair Jerome Powell reveals the potential for another hike to come this year.

The central bank expects its elevated rate to damper economic activity in the coming months.

Bitcoin market gurus anticipate BTC price volatility to hit around the latest FOMC interest rates decision and Fed press conference.

This week, The Market Report discusses Bitcoin’s recent price action and the upcoming FOMC meeting, where some speculate interest rates might be paused.

Bitcoin network fundamentals have never looked better, as optimism trickles back when it comes to BTC price strength in a key Fed rate decision week.

Bitcoin and crypto brace for FOMC, while BTC price action delivers a refreshingly calm weekend.

Singapore, Singapore, August 15th, 2023, ChainwireCrypto Exchange Huobi announced that the 7th round of Huobi's PrimeVote event is finished. In this round, a total of 12 projects competed for the listing, accumulating 226,040,064 votes in the form of "Rockets". After two rounds of intense voting, MinePlex (XFI) emerged as the winner, garnering a total of 208,172,999 "Rockets". XFI will soon get listed on Huobi for trading.In the final round of voting, XFI secured the win by amassing 208,172,999 "Rockets". XDAO secured the second position with 11,355,497 "Rockets" while AD and INS captured the third and fourth positions with 4,130,180 "Rockets" and 2,381,388 "Rockets" respectively. Huobi's official data reveals that participants casted a total of 226,040,064 "Rockets" with 5,176 individuals taking part. Notably, the "Rockets" used for voting witnessed a substantial 78% upswing compared to the previous round. Additionally, the 8th round of Huobi's PrimeVote event will carry on its worldwide search for outstanding projects by encouraging their participation in this vote-to-list event. The rules of the 8th PrimeVote will stay the same with "rockets" as the favored voting tool.Vote for projects with "Rockets" and win limited edition NFTsThe "Rocket Plan" is Huobi's newest endeavor aimed at enriching user engagement and experience. Rockets refer to the USDT equivalent of your average assets on Huobi over a 30-day period. 1 USDT equals to 1 Rocket. The Rocket value represents an integer without decimal places.The number of "Rockets" a user holds is determined by the balance of their assets. With an increased possession of "Rockets," users can wield more influence in the PrimeVote event, major platform decisions, new token airdrops, and other scenarios where "Rockets" come into play. This grants them a stronger voice and a larger share of rewards. To increase their Rocket values, users can improve their asset balances by making deposits and purchasing quality assets like BTC, ETH, HT, etc. Moreover, using "Rockets" to vote will not cause users' asset balance to be locked."Rockets" are users' tickets to take part in the PrimeVote events and also give participants a chance to mint limited edition NFTs in Huobi's Mars Program that offers $6 million worth of space travel.Based on Huobi's official announcement, a total of 12 projects were shortlisted in the 7th round of the PrimeVote event. As of August 9 202313:00 (UTC), EML and XDAO emerged as top performers in Group A while XFI and AD took the lead in Group B. These projects have advanced to the final voting stage. Following two rounds of preliminary and final voting, MinePlex (XFI) has stood out as the favored pick among the community by winning the championship of this event with a notable 208,172,999 "Rockets". MinePlex (XFI) represents an innovative CrossFi initiative by integrating the stability and liquidity of traditional financial instruments with the security and transparency embedded in blockchain technology. To realize this vision, the team is crafting a distinct blockchain v1.0 featuring the LPoS consensus algorithm. The MinePlex 2.0 blockchain adopts the DPoS consensus protocol.Huobi prioritize users and persistent crypto listings with community votesHuobi remains committed to upholding the principle of impartial listing and respects the choices of all users. It aims to establish a digital asset trading platform that is compliant, secure, and transparent. It returns the listing right to community users by allowing them to decide which tokens can be traded on Huobi. Launching PrimeVote not only identifies the most popular tokens and ensures listing quality but also maximizes the transparency and fairness of the listing process.To date, Huobi has successfully conducted seven rounds of the PrimeVote event by establishing a unique method for token listing. Looking ahead, Huobi will further refine event rules and introduce innovative features.About HuobiFounded in 2013, Huobi has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. Huobi serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies - "global development, technology drives development, and technology for good" underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts.Company Websitehttps://www.huobi.comContactMichael [email protected]

Singapore, Singapore, August 15th, 2023, ChainwireCrypto Exchange Huobi announced that the 7th round of Huobi's PrimeVote event is finished. In this round, a total of 12 projects competed for the listing, accumulating 226,040,064 votes in the form of "Rockets". After two rounds of intense voting, MinePlex (XFI) emerged as the winner, garnering a total of 208,172,999 "Rockets". XFI will soon get listed on Huobi for trading.In the final round of voting, XFI secured the win by amassing 208,172,999 "Rockets". XDAO secured the second position with 11,355,497 "Rockets" while AD and INS captured the third and fourth positions with 4,130,180 "Rockets" and 2,381,388 "Rockets" respectively. Huobi's official data reveals that participants casted a total of 226,040,064 "Rockets" with 5,176 individuals taking part. Notably, the "Rockets" used for voting witnessed a substantial 78% upswing compared to the previous round. Additionally, the 8th round of Huobi's PrimeVote event will carry on its worldwide search for outstanding projects by encouraging their participation in this vote-to-list event. The rules of the 8th PrimeVote will stay the same with "rockets" as the favored voting tool.Vote for projects with "Rockets" and win limited edition NFTsThe "Rocket Plan" is Huobi's newest endeavor aimed at enriching user engagement and experience. Rockets refer to the USDT equivalent of your average assets on Huobi over a 30-day period. 1 USDT equals to 1 Rocket. The Rocket value represents an integer without decimal places.The number of "Rockets" a user holds is determined by the balance of their assets. With an increased possession of "Rockets," users can wield more influence in the PrimeVote event, major platform decisions, new token airdrops, and other scenarios where "Rockets" come into play. This grants them a stronger voice and a larger share of rewards. To increase their Rocket values, users can improve their asset balances by making deposits and purchasing quality assets like BTC, ETH, HT, etc. Moreover, using "Rockets" to vote will not cause users' asset balance to be locked."Rockets" are users' tickets to take part in the PrimeVote events and also give participants a chance to mint limited edition NFTs in Huobi's Mars Program that offers $6 million worth of space travel.Based on Huobi's official announcement, a total of 12 projects were shortlisted in the 7th round of the PrimeVote event. As of August 9 202313:00 (UTC), EML and XDAO emerged as top performers in Group A while XFI and AD took the lead in Group B. These projects have advanced to the final voting stage. Following two rounds of preliminary and final voting, MinePlex (XFI) has stood out as the favored pick among the community by winning the championship of this event with a notable 208,172,999 "Rockets". MinePlex (XFI) represents an innovative CrossFi initiative by integrating the stability and liquidity of traditional financial instruments with the security and transparency embedded in blockchain technology. To realize this vision, the team is crafting a distinct blockchain v1.0 featuring the LPoS consensus algorithm. The MinePlex 2.0 blockchain adopts the DPoS consensus protocol.Huobi prioritize users and persistent crypto listings with community votesHuobi remains committed to upholding the principle of impartial listing and respects the choices of all users. It aims to establish a digital asset trading platform that is compliant, secure, and transparent. It returns the listing right to community users by allowing them to decide which tokens can be traded on Huobi. Launching PrimeVote not only identifies the most popular tokens and ensures listing quality but also maximizes the transparency and fairness of the listing process.To date, Huobi has successfully conducted seven rounds of the PrimeVote event by establishing a unique method for token listing. Looking ahead, Huobi will further refine event rules and introduce innovative features.About HuobiFounded in 2013, Huobi has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. Huobi serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies - "global development, technology drives development, and technology for good" underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts.Company Websitehttps://www.huobi.comContactMichael [email protected]

LOS ANGELES, United States, August 8th, 2023, ChainwireXsolla, a global video game commerce company, and global cryptocurrency platform Crypto.com have announced a partnership for the integration of Crypto.com’s checkout solution into Xsolla's Pay Station platform.This transformative integration of Crypto.com Pay represents a significant advancement in the gaming industry and creates new possibilities for game developers and players, enabling them to accept cryptocurrency payments and streamline transactions in a user-friendly and secure manner for a universally enhanced experience. This pivotal update broadens the horizon for digital payment methods, offering players more diverse and preferred transaction options in digital and metaverse environments. This collaboration also marks a significant step for Crypto.com in building its presence and network across the gaming industry.“There is significant potential in the convergence of gaming and Web3,” said Eric Anziani, President and Chief Operating Officer of Crypto.com. “By partnering with a global gaming leader like Xsolla and leveraging our respective assets and expertise, we are helping make that potential a reality - giving developers, publishers, and players a seamless way to engage and create value in the crypto economy.”Xsolla's Pay Station, which facilitates in-game purchases across 200+ regions and countries using a variety of compliant payment providers, is enhancing its service with the integration of Crypto.com Pay. This forthcoming development promises to expand the reach of developers and publishers, enabling them to engage a more diverse player base and tap into new, dynamic markets and revenue streams."We are thrilled about this partnership with Crypto.com and the significant integration of Crypto.com Pay into our Pay Station platform. The gaming industry is rapidly evolving, and we must adapt to meet those changes. The integration of cryptocurrencies as a form of payment offers game developers and players an innovative payment solution that aligns with the global shift towards digital currencies," said Chris Hewish, CEO of Xsolla. "Our collaboration with Crypto.com marks a pivotal moment for the gaming industry, paving the way for a more inclusive and secure gaming ecosystem."“We are tremendously excited to take this first step with Xsolla as part of a broader collaboration initiative in Korea and on a global level,” said Patrick Yoon, General Manager of Crypto.com Korea. “We look forward to continuing to work with Xsolla in developing and advancing payment ecosystems and digital asset adoption.”For more information about Crypto.com Pay and Pay Station, please visit: xsolla.pro/cryptocomAbout XsollaXsolla is a global video game commerce company with a robust and powerful set of tools and services designed specifically for the industry. Since its founding in 2005, Xsolla has helped thousands of game developers and publishers of all sizes fund, market, launch, and monetize their games globally and across multiple platforms. As an innovative leader in game commerce, Xsolla's mission is to solve the inherent complexities of global distribution, marketing, and monetization to help our partners reach more geographies, generate more revenue and create relationships with gamers worldwide. Headquartered and incorporated in Los Angeles, California, with offices in Berlin, Seoul, Beijing, Kuala Lumpur, Tokyo, and cities around the world, Xsolla supports major gaming titles like Valve, Twitch, Roblox, Ubisoft, Epic Games, Take-Two, KRAFTON, Nexters, NetEase, Playstudios, Playrix, miHoYo, and more.For additional information and to learn more, please visit: xsolla.comAbout Crypto.comFounded in 2016, Crypto.com is trusted by more than 80 million customers worldwide and is the industry leader in regulatory compliance, security, and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation and empowering the next generation of builders, creators, and entrepreneurs to develop a fairer and more equitable digital ecosystem.Learn more at crypto.comContactGlobal Director of Public RelationsDerrick [email protected]

LOS ANGELES, United States, August 8th, 2023, ChainwireXsolla, a global video game commerce company, and global cryptocurrency platform Crypto.com have announced a partnership for the integration of Crypto.com’s checkout solution into Xsolla's Pay Station platform.This transformative integration of Crypto.com Pay represents a significant advancement in the gaming industry and creates new possibilities for game developers and players, enabling them to accept cryptocurrency payments and streamline transactions in a user-friendly and secure manner for a universally enhanced experience. This pivotal update broadens the horizon for digital payment methods, offering players more diverse and preferred transaction options in digital and metaverse environments. This collaboration also marks a significant step for Crypto.com in building its presence and network across the gaming industry.“There is significant potential in the convergence of gaming and Web3,” said Eric Anziani, President and Chief Operating Officer of Crypto.com. “By partnering with a global gaming leader like Xsolla and leveraging our respective assets and expertise, we are helping make that potential a reality - giving developers, publishers, and players a seamless way to engage and create value in the crypto economy.”Xsolla's Pay Station, which facilitates in-game purchases across 200+ regions and countries using a variety of compliant payment providers, is enhancing its service with the integration of Crypto.com Pay. This forthcoming development promises to expand the reach of developers and publishers, enabling them to engage a more diverse player base and tap into new, dynamic markets and revenue streams."We are thrilled about this partnership with Crypto.com and the significant integration of Crypto.com Pay into our Pay Station platform. The gaming industry is rapidly evolving, and we must adapt to meet those changes. The integration of cryptocurrencies as a form of payment offers game developers and players an innovative payment solution that aligns with the global shift towards digital currencies," said Chris Hewish, CEO of Xsolla. "Our collaboration with Crypto.com marks a pivotal moment for the gaming industry, paving the way for a more inclusive and secure gaming ecosystem."“We are tremendously excited to take this first step with Xsolla as part of a broader collaboration initiative in Korea and on a global level,” said Patrick Yoon, General Manager of Crypto.com Korea. “We look forward to continuing to work with Xsolla in developing and advancing payment ecosystems and digital asset adoption.”For more information about Crypto.com Pay and Pay Station, please visit: xsolla.pro/cryptocomAbout XsollaXsolla is a global video game commerce company with a robust and powerful set of tools and services designed specifically for the industry. Since its founding in 2005, Xsolla has helped thousands of game developers and publishers of all sizes fund, market, launch, and monetize their games globally and across multiple platforms. As an innovative leader in game commerce, Xsolla's mission is to solve the inherent complexities of global distribution, marketing, and monetization to help our partners reach more geographies, generate more revenue and create relationships with gamers worldwide. Headquartered and incorporated in Los Angeles, California, with offices in Berlin, Seoul, Beijing, Kuala Lumpur, Tokyo, and cities around the world, Xsolla supports major gaming titles like Valve, Twitch, Roblox, Ubisoft, Epic Games, Take-Two, KRAFTON, Nexters, NetEase, Playstudios, Playrix, miHoYo, and more.For additional information and to learn more, please visit: xsolla.comAbout Crypto.comFounded in 2016, Crypto.com is trusted by more than 80 million customers worldwide and is the industry leader in regulatory compliance, security, and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation and empowering the next generation of builders, creators, and entrepreneurs to develop a fairer and more equitable digital ecosystem.Learn more at crypto.comContactGlobal Director of Public RelationsDerrick [email protected]