Do Kwon, the founder of Terraform Labs, which powers the Terra ($LUNA) blockchain, has said he believes the Bitcoin ($BTC) market is liquid enough to handle a potential loss of Terra’s flagship stablecoin $UST. In an interview with Bloomberg Quicktake, Do Kwon said that “people need to have...
ETH price fell for the third session in a row. The price recovered from the lows and manages to trade above $3,300. Further, if the price holds above the critical 200-day EMA, it could be a hint for the next Bull Run. ETH price trades lower with modest losses. A retracement toward the 200-day EMA could be a stepping stone for the next run-up. The momentum oscillators turn neutral warning of aggressive bids. As of press time, ETH/USD is trading at $3,341, down...
On Monday (April 4), Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission (SEC), expressed his concerns about the crypto market during a keynote speech for the annual conference of Penn Law Capital Markets Association of the University of Pennsylvania Carey Law School. Gensler was nominated...
The Litecoin Foundation, a community-run organization, announces the signing of a joint agreement with AntPool, an open-access crypto mining pool, to develop the digital currency research laboratory, ‘LTC Labs.’ The organization aims to research and gather information on anonymous transactions with the LTC Labs. Moreover, the development of dApps, expansion of digital currency, and Litecoin (LTC) based wallets and projects will also be in focus.
Large Dogecoin ($DOGE) transactions have more than doubled over the last 24-hour period amid a price rise for the meme-inspired cryptocurrency that was supported by Tesla CEO Elon Musk buying a 9.2% stake in Twitter. Source: IntoTheBlock Data from IntoTheBlock, first spotted by Benzinga, shows DOGE whales have been...
In the fourth survey about crypto adoption ran in Norway by Arcane Research and Ernst & Young (EY) in 2018, they find that the industry is booming in the country with the levels of ownership that have doubled from 5% to 10%. Moreover, bitcoin miners seem to be attracted to several traits of the country. Total crypto market cap at $2,05T in the daily chart | TradingView.com
Following a decisive breakout from the $45000 resistance on March 27th, Bitcoin(BTC) price has remained highly volatile over the past week. However, this retest phase resembles a symmetrical triangle pattern in the shorter time frame, which could kickstart the bullish rally again. Moreover, the Microstrategy($MSTR) accumulates 4167 Bitcoin at an average price of $45714.
The number of wallets created within the Cardano ($ADA) blockchain has grown by over 500,000 so far this year and surpassed the three million mark in early February. The rise in the number of wallets coincides with growing adoption of Cardano’s decentralized finance (DeFi) space. According to Cardano...
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