Chain News by Thebittimes.Com

From the 22nd of September to the 11th of October, the price of Bancor has been moving sideways. The market began to change on the 11th of October when bulls push the price to $0.6388 from $0.4361. As expected in most cases, with such a strong bullish move, a strong bearish move was also triggered. All the ground gained by buyers for that day was completely lost to the sellers as the price fell back to $0.4361. Bancor Market Price Statistic: BNT/USD price now: $0.4731 BNT/USD market cap: $95,100,059 BNT/USD circulating supply: 198,857,635.68 BNT/USD total supply: 198,857,636 BNT/USD coin market ranking: #242 Key Levels        Resistance: $0.4799, $0.5000, $0.55000        Support: $0.4000, $0.35000, $0.30000 Bancor Market Price Analysis: The Indicators’ Point of View The upper and lower bands of the Bollinger indicator begin converging in early October. They continue to converge despite some successive spikes in the market vo...

Source: AdobeStock / blicsejo   Play-to-earn game Stepn , which lets users buy non-fungible token (NFT) running shoes and earn native crypto GMT through jogging, reportedly started a major layoff of its contract workers amid a market downturn – but the team behind the app denies firing staff. The South China Morning Post (SCMP) reported that Find Satoshi Labs , Stepn’s parent company , has terminated the contracts of more than 100 community moderators of its social media channels, as well as its “ambassadors” who promote the “move-to -earn&rdquo ; fitness app. It cited the crypto news outlet Wu Blockchain and “people familiar with the matter.” “It began to focus on promoting its parent company Find Satoshi Lab, and mainly focused on new projects to be released such as the NFT exchange market,” Wu Blockchain reported. “In addition, the large amount of GMT's investor saft will be unlocked in March next ...