Image: Vicente Méndez via Getty Images Wars and protests are supposed to be crypto’s big moment, as something that was built on cutting out traditional authorities. So far, cryptocurrencies have played a vital role in crowdfunded aid efforts to Ukraine, with the government buying military and humanitarian equipment using nearly $100 million in crypto donations, while Ukrainians and Russians alike buy up crypto stablecoins to escape monetary volatility. But crypto’s contrarian attitude… Source link
Read More »Yearly Archives: 2022
Okcoin, Stacks Launch $165M Pledge to Support Bitcoin-Related Projects – CoinDesk
The capital will go toward solutions across Web 3, including the metaverse, play-to-earn games, decentralized finance (DeFi), non-fungible tokens (NFT) and decentralized autonomous organizations (DAO). Other areas of interest include CityCoins and GovTech. Source link
Read More »First Mover Americas: Bitcoin Awaits Triangle Breakout, Focus on Dollar – CoinDesk
A potential decline below the lower line of the trendline would imply a continuation of the broader drop from record highs. On the downside, support is seen at $30,000, below which the next technical price floor is seen directly at the December 2017 high of $19,891. Source link
Read More »Should You Buy Ethereum While It’s Still Below $3,000?
If there’s anything that cryptocurrency investors know by now, it’s that the price of coins can fluctuate dramatically. For example, back in November, Ethereum‘s (CRYPTO:ETH) price was closing in $5,000, but its value has tumbled over the past few months. With inflation at a 40-year high and the Federal Reserve poised to raise interest rates beginning this month, some investors have grown concerned about more speculative investments like… Source link
Read More »Bitcoin and Ethereum Struggle to Recover, Altcoins in Red
Bitcoin price failed to stay above the USD 40,000 support. Ethereum is down over 5%, XRP might revisit the USD 0.705 support. AVAX, DOT, and DOGE are down at least 5%. Bitcoin price declined over 7% in a day and there was a clear move below the USD 40,000 support. It is currently (11:55 UTC) trading below USD 39,500 and there is a risk of more downsides. Similarly, most major altcoins are gaining bearish momentum. ETH declined below… Source link
Read More »Final Countdown to Ethereum Merge Begins as Configs for the Last Public Testnet Go Live
Source: AdobeStock / 安琦 王 Ethereum (ETH) took another step towards the Merge, when the current Ethereum Mainnet will “merge” with the beacon chain proof-of-stake (PoS) system — as configurations for Kiln, the last public testnet before switching to the PoS mining algorithm, have been published. “The configs for the Kiln testnet are out,” said Ethereum Foundation‘s Parithosh Jayanthi. He further added that a longer… Source link
Read More »Kings of Crypto – Chainlink (LINK), Litecoin (LTC) & Seesaw Protocol (SSW)
by Analytics Insight March 10, 2022 Crypto kings are set to be Chainlink, Litecoin, and Seesaw Protocol in crypto meta As the Crypto metaverse expands, countless new coins continue to launch. Therefore, it’s essential to carefully analyse and recognise which projects are truly worth investing in. So, if you’re wondering what the current best options are, be sure to consider the following kings within the Crypto space this year: Chainlink (LINK), Litecoin (LTC) & Seesaw Protocol… Source link
Read More »Bitcoin Reverses Wednesday's Gain Ahead of ECB Rate Decision, US Inflation – CoinDesk
“At present, we already know that the Fed will raise interest rates, so no matter how the U.S. market changes, this thing will happen. The most considerable influence at the moment may be the hawkishness of the European Central Bank this week,” said Griffin Ardern, a volatility trader from crypto-asset management company Blofin. Source link
Read More »Ethereum price consolidates before a 34% breakout
Ethereum price faces a decisive moment as it coils up inside a symmetrical triangle. Investors can expect a 34% move in either direction, considering the ambiguous nature of the setup. A move to the upside seems unlikely due to the presence of multiple resistance barriers. Ethereum price action shows an interesting setup that forecasts the possibility of a massive move in both directions. However, considering the technical aspects, the probability of a down move… Source link
Read More »Ethereum gas fees drop to lowest levels since August 2021
Gas fees for transactions on the Ethereum (ETH) blockchain have dropped to the lowest levels since August. But they’re still not cheap. According to data sourced from Coinmetrics and shared by CryptoRank Platform, the seven-day moving average cost of an Ethereum transaction as of March 9 totaled $11.14, placing it back amongst the levels recorded mid-last year before it surged dramatically to as high as $55 at the tail end of 2021. The cost of transactions on the @Ethereum network has not… Source link
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