On Wednesday (April 13), Paolo Ardoino, CTO at Tether (and Bitfinex), said the fiat-backed stablecoin issuer has been taking “enormous steps” to increase transparency and to “reduce dramatically” its exposure to commercial paper. Tether, which was launched in 2014, is the issuer of the dollar-pegged stablecoin with the...
Pseudonymous crypto analyst and influencer “Altcoin Sherpa” has recently revealed on social media he believes the price of the meme-inspired cryptocurrency Shiba Inu ($SHIB) could move up “hard” at the end of this cycle. In a tweet shared with the analyst’s over 170,000 followers on the microblogging platform...
Kevin O’Leary, a celebrity investor known as “Mr. Wonderful” on ABC TV series “Shark Tank,” has revealed what percentage of his entire portfolio is allocated to the cryptocurrency space, months after explaining he sees Bitcoin ($BTC) move to $300,000. During an interview with Kitco News, O’Leary revealed he...
On Tuesday (April 12), WingRiders, the Cardano-powered dentralized exchange (DEX) that Charles Hoskinson, Co-Founder and CEO of IO Global (IOG) had been “really looking forward to” in the past few months, has launched on the Cardano mainnet. WingRiders is being developed by Slovakian FinTech startup Vacuumlabs, which is “a software development company...
On Tuesday (April 12), Bitcoin and other cryptoassets — as well as U.S. stock futures — are under pressure as investors wait for the U.S. Bureau of Statistics to release March 2022 Consumer Price Index (CPI) data. According to the Bureau of Labor Statistics, the CPI is “a measure of...
DeFi Yield Protocol (DYP) announces the imminent launch of its Cats and Watches Society (CAWS) NFT collection, due on April 13, 2022. This hotly anticipated event comes with luxurious prizes and promising new features propelling DYP into the industry’s spotlight. Considering its unique utility traits, some see DYP’s CAWS as the next Bored Ape Yacht Club (BAYC) with a similar impact in the market.
SOL price continues to trade lower after a massive fall in the last session. Further, the price is expected to continue south following the big red candlestick. However, the formation of a ‘Doji’ suggests a tug of war between bulls and bears. SOL price remains muted with no meaningful price action. More downside toward if the price approached 0.618% Fibonacci retracement level. The upside remains pressured near the 200-day EMA.
The widely anticipated Ethereum 2.0 upgrade, or “Merge” has been generating some bullish sentiment for the Ethereum Token even before its application. Experts have suggested that this update will launch ETH towards the $10,000 price mark. The world’s second-largest cryptocurrency has seen a surge of over 23% in the last 30 days.
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