Russia May Introduce “Targeted” CBDC by 2023
Huobi Japan Announces Distribution of $FLR to $XRP Holders 20 Months After Snapshot
admin2022-08-12T22:22:00+00:00Japanese cryptocurrency trading platform Huobi Japan, the Japanese subsidiary of popular trading platform Huobi, has announced it will be distributing Flare Network ($FLR) tokens to $XRP token holders, around 20 months after the airdrop’s snapshot was taken. According to a translation of an announcement Huobi Japan published, those...
Hedara Price Hints Reversal Within Channel Pattern
admin2022-08-12T19:25:08+00:00With the prolonged uptrend continuation in a rising channel, the HBAR prices skyrocket above the $0.080 mark. Furthermore, the reversal rally jumps 48% in the last five weeks resulting in the break out of the 50-day EMA. But will the uptrend break above the resistance trendline or a bear cycle leading to a retracement to the support in line is inevitable?
Key points:
The bullish crossover of the 20-and-50-day EMA will fuel the uptrend above the channel. The HBAR prices are sustaining...
UNI, MKR register spikes in whale transactions but the alts…
admin2022-08-12T13:30:04+00:00Uniswap’s UNI and MakerDAO’s MKR are the two leading altcoins that have seen a significant spike in whale transactions above $100,000 on their respective networks since the beginning of this month, data from Santiment revealed. Interestingly, these spikes are usually followed by price reversals whenever the intensity in this category of whale transactions starts to wane. During the trading session on 12 August, UNI logged a total of 140 whale transactions above $100,000, while MKR saw 64 similar transactions. Source:...
Cardano: How to Stake Your $ADA Tokens
admin2022-08-12T08:36:00+00:00Recently, Input Output Global (“IOG”), the company responsible for Cardano’s research and development, explained how easy it is to validate the Cardano blockchain (and earn rewards for doing so). On July 28, IOG’s Olga Hryniuk published an article (titled “How to Stake Your $ADA”) on Essential Cardano that was written...
AAVE: Aftermath of GHO stablecoin approval and V3 kick off
admin2022-08-12T04:30:37+00:00Developments around the open-source DeFi protocol, AAVE looks like a non-stop activity. In July, the community agreed to launch GHO, its own stablecoin. Now, AAVE has proposed something new. This time, the community has requested its voting and governance community to approve retroactive funding for AAVE version 3 (V3). So how much is AAVE looking at, and what exactly is the project trying to achieve?
Breaking it down
According to the request, the funding aims to strengthen the Aave ecosystem and develop...
Is Dogecoin capable of a 40% rally before the end of Q3
admin2022-08-11T17:30:30+00:00Dogecoin has been in a downtrend for more than a year now. But there was one particular support level that was keeping investors optimistic regardless of the ongoing bearishness. Alas, DOGE lost that support, and a lot has changed for the altcoin. Now the question is, can the altcoin actually manage to reclaim the lost support level within the next month?
The next stop for Dogecoin
Despite being stuck under the 16-month-long downtrend line that began in May 2021, DOGE was...
Billionaire Mark Cuban Faces Lawsuit For Promoting Voyager’s Products
admin2022-08-11T15:21:29+00:00
CALDANCE to revolutionize the Fitness2Earn landscape
admin2022-08-11T12:00:45+00:00CALDANCE, a blockchain-based fitness project, just completed the first pre-sale of its hardware and sold 500 units for $400,000. Their fitness-to-earn model aims to reward fitness freaks for burning calories. The GameFi and Social Fi platforms will allow players to earn NFTs for fitness equipment, virtual athlete characters, and sports equipment. CALDANCE is backed by the founder of Bobcat Miner, Yiming Wang. Founded in 2021, Bobcat Miner produces high-efficiency Helium LongFi compatible miner hotspots. It is the largest manufacturer of...