Ethereum’s native token Ether (ETH) staged a rebound on Sept. 26 following a massive decline earlier this week that saw its prices plunging to as low as $2,651 on Coinbase. The ETH/USD exchange rate rose 3.63% to hit an intraday high of $3,030. The upside move amounted to a 14.3% upside retracement from the pair’s …
Continue reading “Ethereum price gets back to $3K as institutional investors pile into ETH futures”
In the past 60 years, the life expectancy of the average newborn has increased by nearly 20 years — from 52.5 to 72, as of 2018. We’ve seen an incredible wave of technological innovation in this time: The introduction of the internet, medical breakthroughs and an enhanced understanding of public health initiatives have transformed the …
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A prominent crypto strategist and trader is predicting new all-time highs for two explosive altcoins, while anticipating a surge in the value of Chainlink (LINK). The trader known in the industry as Inmortal tells his 72,600 followers that he’s keeping a close watch on FTX Token (FTT), the utility token of crypto exchange FTX. ADVERTISEMENT …
Decentralized technologies are starting to revolutionize the world of finance, with cryptocurrencies applied in different ways to recreate traditional financial instruments. However, since cryptocurrencies aren’t backed by anything but people’s faith in them, they are extremely volatile. That means, when it comes to loaning value with crypto, neither party can be sure that they will …
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Bitcoin (BTC) sealed another $40,000 retest on Sept. 26 as the battle for the weekly close raged on. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC “unlikely” to linger below $40,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $40,800 overnight, following an earlier unsuccessful attempt by sellers to flip $40,000 back to …
Amber Group co-founder and CEO Michael Wu revealed in an interview with the South China Morning Post that the Hong Kong-based crypto service provider is interested in going public in the US within the next two years. Since Amber’s asset management business enables customers to earn interest on deposited crypto assets, current regulatory scrutiny makes …
On September 24, 2021, the Fantom Foundation announced the launch of a new non-fungible token (NFT) marketplace that aims to compete with the myriad of NFT markets out there today. The market dubbed Artion is an NFT marketplace built on the Fantom network and claims to bolster “0% commissions, with the near-zero transaction costs.” Fantom …
Authorities in Abkhazia have confiscated thousands of mining machines, closing down all large crypto farms, yet they have admittedly failed to put an end to illegal mining operations. The breakaway republic of Georgia has been struggling with power shortages blamed on underground miners. 30,000 Rigs Remain in the Hands of Miners, Government Says In recent …
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sponsored MetaWars is a highly immersive multiplayer strategy game. With an infinite universe that is established in a digital metaverse, players can use a wide variety of NFTs to determine the journey they take in-game. MetaWars allows players all around the world to earn through gameplay, “adopting blockchain into the thriving gaming industry”. The Booming …
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A widely followed crypto strategist and trader says Bitcoin must reclaim a crucial level to have a shot at invalidating a big move to below $30,000. In a new strategy session, DonAlt plots a bullish scenario for Bitcoin that could give the leading cryptocurrency the momentum to take out key resistance at $52,000. ADVERTISEMENT …
Governments are tasked with bringing fair and efficient services to the public. Unfortunately, providing transparency and accountability often results in a reduction in efficiency and effectiveness or vice versa. Governments are usually forced to choose to improve one at the cost of the other. On rare occasions, technology comes along that enables governments to improve …
Continue reading “Blockchain will transform government services, and that’s just the beginning”
Scalability is one of the biggest problems the crypto industry is facing today. The unprecedented growth the industry has seen has made using DeFi a slow, expensive, and risky endeavor that has been pushing users towards more centralized platforms. And while Layer 2 networks emerged as a perfect solution to this problem, most of them …
Continue reading “Inside Hydra: Cardano’s (ADA) ambitious layer-2 scalability solution”
Recently a student from the University of Kent in London was robbed at knifepoint for his bitcoin. After eight thugs stormed his dorm room and demanded that he reveal his crypto credentials and passwords, the student was forced to leave the campus and he moved back home. Freshmen College Student Loses Bitcoin in an On-Campus …
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Former U.S. treasury secretary and chief economist at the World Bank, Larry Summers, says cryptocurrency will do better regulated in a sound way instead of being treated as a libertarian paradise. Larry Summers Sees Crypto Benefiting From Strong Regulation Lawrence Summers, who served as the Secretary of the Treasury in the Clinton administration and director …
Over the past two years, DeFi has perhaps become the most striking event in cryptocurrency reality. The rise of this new star is closely tied to Ethereum, the second-largest cryptocurrency network by market capitalization, on top of which almost every existing DeFi application runs. The fact of the matter is, Ethereum is not only a …
Continue reading “Can Decentralized Finance Become the Future’s New Digital Economy ?”
