Coinbase to Monitor Canadian Transactions Above 1,000 CAD
ADA price trades with a negative bias on Friday. The price opened lower but quickly recovered to the session’s high. But, the continuation of the upside momentum seems limited now. The formation of a ‘double’ top formation suggests some profit booking in ADA price. ADA price fails to capitalize on the previous session’s gains. More downside toward $0.90 near 50-day EMA. The momentum oscillators tilt in favor of bears.
The Cardano ($ADA) network has this week reached a new milestone when it comes to native tokens issued on top of it, at a time in which the total value locked on its decentralized finance (DeFi) applications keeps on growing. According to Morgan Schofield, Head of Ecosystem Growth...
Bullish investors were over the moon when Terra [LUNA] enjoyed a brisk rally that took it from $50 to over $100 in a matter of days. Even in its recent report about the asset, Messari tweeted that LUNA had “firmly planted itself on the moon.” However, before you whip out your wallet and get ready for lift-off, read this.
The Indian government has always looked hesitant towards the adoption of cryptocurrency. Even Country’s Lawmaker Pinaki Misra believes that the administration has created confusion regarding investing in digital assets. While he also states that the current implication of tax has made people believe that dealing in cryptocurrency is a ‘sin’. MP Misra discussed that thinking of banning crypto is just equivalent to banning the internet.
Ava Labs, the blockchain startup responsible for the research and development of smart contracts platform Avalanche has introduced Core, “a free, non-custodial wallet engineered specifically for applications on Avalanche, including subnets and the next generation of Web3 projects.”
Dapps or Decentralized Applications has become a buzzword in the crypto-world over the past 3 years. For the uninitiated, the term dApp refers to a blockchain-based application that runs on a decentralized network and uses its resources. Decentralized apps normally have no central point of failure, have open source code, and work with a decentralized consensus mechanism. The downtime of these decentralized apps is also eliminated. They are resistant to interference by individuals, corporations, or governments because they do...
Axie Infinity (AXS), the second-largest crypto game token by market capital, surged 22% to over $72 after developer Sky Mavis outlined plans to improve community governance in the eponymous game and progressively decentralize its economy. Reaction to the news was largely positive, helping AXS reach a two-month high. The token also saw trading volumes surge to nearly $2 billion. Launched in 2018, Axie Infinity is one of the most popular play-to-earn games. The game revolves around minting Ethereum-based NFT creatures, and...