The decentralized finance (DeFi) ecosystem will introduce leveraged trading of US stock prices via its gTrade trading platform. Gains Network, a fully-fledged DeFi ecosystem, is launching its beta version of on-chain leveraged trading of US stock prices on gTrade, a decentralized trading platform. The beta launch will start off with three US-listed stocks namely $AAPL, […]
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XRP price shoots 6% over the past 24 hours despite suffering a slump of 28% on April 16. The crypto was able to bounce back on May 1 and get stronger by the day with a surge of 12%. XRP is set on its road to recovery in the coming weeks. Suggested Reading | What’s […]
We are at a point in time where “NFT” is a household term. According to DappRadar, NFT market capitalization has passed $22 billion, a 22,000% growth compared to the same period a year ago. So as digital asset ownership seems to be reaching a peak, the question now is – what’s the next big thing […]
On Saturday, April 30th, Bored Ape’s creators Yuga Labs broke Ethereum. Their new metaverse-inspired project, Otherside sold plots of virtual land to a roaring crowd of people yelling “Shut up and take my money!” In this case, the currency in question was the recently created ApeCoin. However, since Ethereum hosts ApeCoin and the land NFTs, […]
Citing the official crypto developers’ resource, CoinDesk reported that the Ethereum Foundation has rescheduled the transition to the Proof-Of-Stake consensus algorithm. The Eth1 and Eth2 networks merger with the subsequent abandonment of mining as a means of transaction validation was planned for late 2021 – early 2022. Now, the developers aim to implement Proof-Of-Stake between […]
Ethereum started a recovery wave above the $2,820 level against the US Dollar. ETH must clear the $2,920 resistance to start a steady upward move. Ethereum started a short-term upside correction above the $2,780 and $2,800 levels. The price is now trading above $2,820 and the 100 hourly simple moving average. There is a key […]
The king of cryptocurrency, Bitcoin, has slumped below its price support following crucial development on EPA environmental issues and other factors. Bitcoin price is now at $38,832.74 as of this writing. Now, many bitcoin experts are worried that Bitcoin’s price could plummet further as it struggles to hold onto the $38,000 price level. Suggested Reading […]
Over the weekend we saw how the NFT mint of ‘The Otherside’ metaverse land caused major bottlenecks in Ethereum, and while the discussion of how BAYC can improve – be it through it’s own dedicated chain, or through a more efficient and effective utilization of a non-Ethereum chain – the NFT world continues to turn. […]
Bitcoin is struggling to clear the $38,800 resistance against the US Dollar. BTC could decline heavily if it stays below the $39,000 pivot level. Bitcoin is struggling to recover above $38,800 and $39,000 resistance levels. The price is now trading below $38,600 and the 100 hourly simple moving average. There is a major contracting triangle […]
Bitcoin over the weekend was seen trading below its critical price support as broader market weakness continues. Traders’ confidence in the asset has remained quite low considering the selling pressure in the market. The prices have currently plummeted owing to the news of the Federal Reserve hiking its interest rates. Bitcoin has also displayed profit […]
The crypto market has been through a rollercoaster of a weekend. It follows on the back of bitcoin listing its footing above the $40,000 level last week, although the digital asset has done a good job holding above the $36,000 support level. However, it seems that the end of this bear trend may not be […]
Bitcoin follows a rangebound trajectory as the financial world trends to the downside. The first crypto by market cap is moving around critical areas of support as it was rejected from the low $40,000s. Related Reading | TA: Bitcoin Consolidates Below $39k: What Could Trigger Another Decline At the time of writing, BTC’s price trades at […]
On Monday, Crypto.com’s Cronos (CRO) slide followed suit with a sharp drop after the crypto exchange said it was reducing some staking and rewards tied to its popular pre-paid Visa cards. According to Tradingview.com, the coin dropped by 19% to $.265. On Sunday before the announcement, CRO was trading above $.33 per coin. Related Reading […]
Tl;dr: This report updates on what Josie, a Bitcoin CoreDev, and Coinbase Crypto Community Fund grant recipient, has been working on over the first part of their year-long Crypto development grant. This specifically covers their work on bitcoin transaction privacy. Since late last year, I have been working with a group of researchers on a […]
On-chain data shows while the price of Bitcoin has continued to struggle recently, miners have shown diamond hands. Bitcoin Miner Reserve Holds Still Amid The Recent Price Consolidation As pointed out by an analyst in a CrypoQuant post, BTC miners have been accumulating for some time now, and the dwindling price hasn’t scared them. The […]
Anchor Protocol, one of the most popular platforms in the Terra ecosystem, rolled out a change in its Earn Rate. The latter will begin to operate in a semi-dynamic fashion rather than the previously fixed 20% annual percentage yield (APY). Related Reading | Terra Price Continues Moving North; How Soon Will It Cross $100? With a […]
The Cosmos Ecosystem is built on the idea that the future of blockchain is multichain and interoperable, and it is primed to gain traction. Juno, whose mainnet went live on October 1st, 2021, is one of the most recent initiatives of that ecosystem. Juno is an open-source platform for interoperable smart contracts that automatically executes, […]
Jared Polites is a partner at Rarestone Capital, an active Web3 fund with a marketing arm (Rarestone Labs). Since 2020, Rarestone has been at the forefront of investing in and marketing DeFi protocols, NFT drops, and Web3 infrastructure plays. As the industry is ever-changing, we wanted to catch up with Jared to see what has […]
Bitcoin is not topping the list of the favorite investments of some big names in the financial sector. One of those is billionaire Warren Buffett who has not been shy to voice his displeasure with the digital asset. This time around, Buffett has once again made known his hatred for the digital asset by saying […]
As Bitcoin and Ethereum price remain bearish for the longest time now; barely hitting above $40,000 for BTC and not going over $3,000 for ETH, ApeCoin, on the other hand, is on fever-pitch with price prediction of up to $100 by 2030. And to think, the coin is just warming up. Both Bitcoin and Ethreum […]