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Here’s the to-do guide for Solana’s market bulls

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Solana has emerged as the faster network in terms of transaction speed, according to a recent investigation. On the contrary, it is also a statement of fact that unique daily active signers have dropped since January. On the charts, Bitcoin has seen a massive drop in recent months and so has Ethereum. Solana had been one of the large-cap coins that...

Congress Could See Stablecoin Bill by End of March

Key Takeaways

Competing bills concerning the regulation of stablecoins and their reserves could be introduced in Congress this month. Representative Josh Gottheimer produced an earlier draft of the bill, similarly aimed at regulating reserves, this February. The aim of the bill is related to the President’s Working Group on Financial Markets (PWG) and past Tether controversies.

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A bill regulating stablecoins within the U.S. could be introduced as early as this month, according to a report from Blockworks.

Bills Could Be Introduced This...

What risk-on asset Bitcoin should expect before smart money arrives

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice In November 2021, news came out that the U.S Consumer Price Index (CPI) rose by 6.8% when compared to the year prior. This signalled that inflation was higher than expected. Smart market participants asked a pertinent question – Could this inflation result in investors fleeing cryptocurrencies, which are inherently risky holdings? Well, a look...

Avalanche Foundation Announces $290M for “Multiverse” Program

Key Takeaways

The Avalanche Foundation announced the Avalanche Multiverse today. The Avalanche Multiverse is a $290 million incentive program seeking to spur its new subnet-driven ecosystem. The program aims to fund projects in the Web3 gaming space, DeFi, NFTs, as well as facilitating institutional usage.

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The Avalanche Foundation has launched a $290 million incentive program called Multiverse to promote its new “Subnet” functionality. The Subnets’ intended utility is to encourage the development of a vibrant ecosystem of “scalable app-specific blockchains.”

Avalanche...

U.S. Bans Russian Oil And Gas Imports

Russia has continued to receive Sanctions from the west since it declared war on Ukraine. In one of the latest sanctions, President Joe Biden announced that the United States has banned Russian oil, gas, and energy imports.

Biden Targets Life Wires For Russia

President Biden in a Twitter announcement revealed the latest sanction targets the life wire of Russia’s economy, which is oil and gas. As such, the country has banned all Russian oil and gas imports. Today, I’m announcing...

$AVAX: Avalanche Foundation Launches $290 Million Program to Support ‘New Ecosystems’

On Tuesday (March 8), the Avalanche Foundation launched Avalanche Multiverse.

What is Avalanche ($AVAX)?

Below is a brief description of Avalanche from its developer documentation: “Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. Avalanche is the first decentralized smart contracts...

Introducing Block/Space, Presented by Tezos: Immerse Yourself in the Blockchain at SXSW 2022

Austin, TX, 8th March, 2022, Tezos, a leading eco-friendly blockchain, presents Block/Space at SXSW 2022 (March 11-14, 2022), an experiential activation featuring creators and brands reimagining culture on the blockchain today – and what the possibilities are for the future.Block/Space will feature four different experiences: a 3D body scanner to create...

Ethereum Price Prediction: Face Upside Risk Of 28% From $2,500, Is Bounce Back On The Cards?

Ethereum’s price is firmly holding its foothold near $2,500 on Tuesday. ETH’s price is whipsawing between $2,500 to the downside and $3,200 to the upside, in a trading range since January. Upside potential is evident as price found reliable support at $2,500. Ethereum’s price remains stable at around $2,500 with remarkable gains. Expect a bounce back with an ascent of 28% from the current levels. RSI gives bullish divergence since January 21.

Ethereum price sets for a bounce-back

Source: Trading View Ethereum price set to...

Few reasons why there’s more to Ethereum Classic’s near-term recovery

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Ethereum Classic (ETC) continued its plunge down the price charts until the $21-mark in late January. Since then, however, the bulls have initiated a gradual recovery. With the intersection of the $25 horizontal support and its trendline support (white, dashed), ETC found a dependable floor. As the buyers continue to build up pressure, the alt might aim for a possible test...

Commodities Are Soaring. That’s a Bad Sign for Crypto

Key Takeaways

Commodities like oil, gas, wheat, and precious metals have soared in price due to supply-side shocks caused by the Russia-Ukraine conflict. Soaring commodity prices could lead to a global recession, painting a bleak long-term market outlook for risk-on assets like Bitcoin. Investors appear to be showing interest in precious metals like gold and palladium, which are trading near or beyond their historic highs.

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Oil, gas, wheat, and precious metals are soaring and adding inflationary pressure to already-high CPI inflation...