Archives par catégorie: Business

Central Bank Chairs Push Bitcoin Price To The Downside, Will BTC Bounce Again?

Central Bank Chairs Push Bitcoin Price To The Downside, Will BTC Bounce Again?

The Bitcoin price is hanging by a thread as it retraces its gains from yesterday’s trading session. Once again, macroeconomic forces seem to be taking over the price action as the number one cryptocurrency by market capitalization looks into the abyss of a potential fresh leg down. At the time of writing, Bitcoin price trades […]

Defending Privacy in Crypto

Defending Privacy in Crypto

Tl;dr: Coinbase is funding a lawsuit brought by six people challenging the U.S. Treasury Department’s sanctions of the Tornado Cash smart contracts and asking the Court to remove them from the U.S. sanctions list. The sanctions exceed Treasury’s authority, harm innocent people, remove privacy and security options for crypto users, and stifle innovation. By Brian […]

Sanctions Should Target Bad Actors. Not Technology.

Sanctions Should Target Bad Actors. Not Technology.

Tl;dr: Coinbase is funding a lawsuit brought by six people challenging the US Treasury Department’s sanctions of the Tornado Cash smart contracts and asking the Court to remove them from the U.S. sanctions list. The lawsuit explains that OFAC exceeded its authority from Congress and the President in sanctioning open source technology, rather than sanctioning […]

Bake Token (BAKE) Cracks Double Gains As Buyers Eye A Feast At $0.4

Bake Token (BAKE) Cracks Double Gains As Buyers Eye A Feast At $0.4

Bake token (BAKE) has struggled to break above the key resistance level of $0.29 as the price has remained in a range. For weeks, the price of Bitcoin (BTC) fluctuated between $19,500 and $20,000, with the price stalling on the next movement. Most altcoins, including Bake token (BAKE), have struggled to break out of a […]

Two Months before World Cup, Fan Tokens Soar on MEXC Exchange

Two Months before World Cup, Fan Tokens Soar on MEXC Exchange

Fan tokens of leading football clubs in Europe are ripping higher and outperforming the broader cryptocurrency market, according to details on September 5, 2022. Per statistics, fan tokens like $LAZIO, the fan token of Lazio football club in Italy, and $PSG of the Ligue 1 giant Paris Saint Germain, are defying gravity and have been […]

Bitcoin Price Drops 6% While Bond Yields Spike

Bitcoin Price Drops 6% While Bond Yields Spike

The world’s top cryptocurrency by market cap, Bitcoin, has hit the $18,000 mark and is still dropping. The crypto has dipped by 6% within the last 24 hours and more in the previous week. BTC/USD breached the $19,000 triple bottom support when it crashed from $20,000 to $18,000, signaling a major selling sentiment among Investors. […]

Ethereum And Crypto Market Might See Higher Price Rallies This Month, Says Analyst

Ethereum And Crypto Market Might See Higher Price Rallies This Month, Says Analyst

As September 13th, the date of the much anticipated Ethereum mainnet merge approaches, the crypto community believes it will determine the fate of both the Ethereum blockchain and the wider crypto ecosystem. However, there is another event set to take place on the same day that may impact the market, the release of the US […]

Ahead of Vasil, Cardano Welcomes Its First Fixed Rate Lending protocol

Ahead of Vasil, Cardano Welcomes Its First Fixed Rate Lending protocol

Kulfi Finance is the first Cardano fixed-rate money market. At launch, vaults will be dedicated to stable-asset and pegged-asset pairs, with additional vaults added in the future.  Louis Ryman, Chief technical officer at Kulfi, stated “By building upon Cardano, Kulfi has created a simple way for crypto users to access the benefits of the fixed […]

Core Scientific Confirms selling 1,100 Bitcoin In August, What Was Its Impact?

Core Scientific Confirms selling 1,100 Bitcoin In August, What Was Its Impact?

While the current quarter in the crypto market has been bad for many companies as Bitcoin dropped, it has been successful for some. Core Scientific has proven that market lows can be beneficial if the right opportunity is identified. The U.S-based crypto mining company produced 1,334 BTC in August and sold over 1,125 Bitcoin for […]

TA: Ethereum Just Reversed and $1,700 Seems Imminent, Here’s Why

TA: Ethereum Just Reversed and $1,700 Seems Imminent, Here’s Why

Ethereum started a major recovery wave from $1,500 against the US Dollar. ETH rallied nearly 10% and might aim a move towards the $1,700 resistance. Ethereum started a major increase after the bulls appeared near the $1,500 zone. The price is now trading above $1,600 and the 100 hourly simple moving average. There is a […]

TA: Bitcoin Price Recovery Stalls, Why This Barrier Could Trigger Another Drop

TA: Bitcoin Price Recovery Stalls, Why This Barrier Could Trigger Another Drop

Bitcoin started an upside correction above $19,000 against the US Dollar. BTC is now struggling to clear the $19,400 and $19,500 resistance levels. Bitcoin traded as low as $18,550 and started an upside correction. The price is now trading below the $19,500 level and the 100 hourly simple moving average. There is a major bearish […]

Merge Momentum: Ethereum Sets New 2022 High Against Bitcoin

Merge Momentum: Ethereum Sets New 2022 High Against Bitcoin

The Ethereum Merge is fast approaching, and the anticipation around the upgrade has led to some interesting happenings in the crypto sector. It has propelled the price of the digital assets to new highs, even with the downtrend, holding its value better than most of the market. Ethereum has now marked another new high ahead […]

Polygon Shows Bearish Signs, Can $0.76 Support Hold Price Of Matic?

Polygon Shows Bearish Signs, Can $0.76 Support Hold Price Of Matic?

The price of Polygon (MATIC) has struggled to stay above the key support zone of $0.8 as the price of Bitcoin (BTC) showed indecision for weeks as the price moved in a range for weeks between $19,500-$20,000 with the price stalling on the next movement. This has affected the price of altcoins, including Polygon (MATIC), […]

DefiLlama Review [The Ultimate Guide 2022]

DefiLlama Review [The Ultimate Guide 2022]

Decentralized Finance (DeFi) is one of the biggest trends in the blockchain industry and has the potential to overtake the traditional financial system in a decentralized and permissionless way through distributed ledger technology (DLT), and DApps built on the blockchain. DeFi aims to bring everyone secure, efficient, and transparent financial services. The DeFi market has […]

Why Ethereum Price Longs Might Profit Ahead Of “The Merge”

Why Ethereum Price Longs Might Profit Ahead Of “The Merge”

Ethereum price is close to reclaiming the area lost during yesterday’s downside action while Bitcoin slowly crawls back into $19,000. The second cryptocurrency by market cap is about to experience a major event with high potential to operate as a bullish catalyst, “The Merge”. At the time of writing, Ethereum price trades at $1,570 with […]

What Is DeFi Staking [The Ultimate Guide 2022]

What Is DeFi Staking [The Ultimate Guide 2022]

Decentralized Finance DeFi is an umbrella term for a collection of financial products which rely on smart contracts and blockchains to enable peer-to-peer (P2P) financial services. It is one of the essential blockchain technology innovations and has brought a sweeping change in the global economy. DeFi redefines traditional financial services such as lending, trading, investment, […]

Miner Sends Bitcoin To Binance, 4th Largest Transaction In 2 Months

Miner Sends Bitcoin To Binance, 4th Largest Transaction In 2 Months

Events around the world’s largest cryptocurrency by market cap, Bitcoin seems to swing uncontrollably. As a result, there has been a drastic drop in price in the entire crypto market, with Bitcoin unable to maintain its stronghold. This is contrary to the expectations of many institutional investors and other participants in the industry. BTC had […]