Despite the crypto market’s bloodshed, in the past few days, the Cardano (ADA) trading activity has been relentless, and its holders’ balance remains strong with a multi-year high. Into The Block data indicates that the wallet balance held by long-term Cardano holders hit a multi-year high on February 23. “Regardless of the price action, Cardano‘s …
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Minutes after Russia announced a “special military operation” in Ukraine, effectively declaring war on the Eastern European country, Vitalik Buterin, a Russian-Canadian cofounder of the Ethethereum B blockchain, criticized Russian President Vladimir Putin on Twitter. Buterin Speaks Out Buterin said on Wednesday evening that he was “very upset” by Putin’s choice to start a war …
For the past year, bitcoin has shown a cyclicality that has been on a semi-regular basis. For most of last year, most months had finished in the positive with green candles dominating the market. However, while most of the months have been positive, there have been significant differences between the first half of the month …
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The broader crypto market jolted hard owing to the tension between Russia and Ukraine. Uniswap broke below its crucial support level and was priced at $8.32. Bitcoin slid off its charts at press time, after noting a 9% depreciation. The crypto market had barely recovered from the December crash. With the Russia and Ukraine tension …
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The escalation of tensions between Russia and Ukraine continues apace, and all global markets have plummeted today. During this crisis, the leading cryptocurrency Bitcoin (BTC), which was trading for $34,000 at the time, retreated then recovered. This, according to a well-known analyst, is the perfect time to invest in Bitcoin. Bitcoin Falls Following Tensions Bitcoin …
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Coinbase’s Q4 financial report vastly exceeded market expectations Thursday, after the firm posted $2.5 billion in net revenue for the quarter, beating analyst predictions by 27%. FactSet consensus had forecasted Coinbase to generate approximately $1.9 billion in revenue for the period. Notably, the popular crypto exchange more than doubled transaction revenue from Q3 to Q4, …
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Crypto mining operations based in the United States are committed to increasing their hash power with more hardware despite Bitcoin’s (BTC) three-month downturn. The Marathon Digital Holdings and GEM Mining companies in the U.S. told Cointelegraph this week that they each expect the size of their respective operations to grow through 2022 by at least …
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A popular crypto analyst thinks one metric might hold the key to revealing if Bitcoin (BTC) is headed for a breakout after weathering a sudden price drop at the start of the week. In a new YouTube update, Justin Bennett discusses Bitcoin’s relative strength index (RSI), a metric analyzing the crypto asset’s candle oscillation over …
One popular crypto analyst is naming his top five altcoins, including three Ethereum-competitors, to keep an eye on in March 2022. In his latest YouTube video, Altcoin Daily co-host Aaron Arnold says he is bullish on Ethereum (ETH) and its layer-1 ETH competitors. “I’m bullish on alternative layer-1s, but let’s not forget the king of layer-1s …
Crypto markets are taking a beating but there are still a few standout performers even during this week’s volatility. One sector that has managed to rise above the noise are NFT-related altcoins and GameFi tokens. Top gainers in the collectible and NFT sector. Source: CoinMarketCap Data from Cointelegraph Markets Pro and CoinMarket Cap shows that …
Continue reading “VOXEL, SLP and ALICE rally after protocol updates and a major exchange listing”
The sanctions announced by United States President Joe Biden in response to Russia’s attack on Ukraine did not include cutting the country off from payments on the SWIFT system or cryptocurrency transfers. In a Thursday announcement from the White House, Biden said the U.S. and its allies and partners would be enforcing sanctions aimed at …
Neon, an NFT marketplace and gallery built on Solana recently rolled out the world’s first NFT vending machine–located just off Wall Street in New York. The machine operates 24/7 and facilitates NFT purchases with no cryptocurrency, crypto wallet, or specialized knowledge required. How does it work? Located in the Big Apple’s financial district, the unique …
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Yearn, the seventh-largest DeFi application on Ethereum by Total Value Locked (TVL), has launched its service on the Arbitrum Ethereum Layer-2 network. Four months ago, Yearn took its first steps outside of the Ethereum base chain when Yearn added support for the Fantom Layer-1 blockchain. By a tweet from Yearn’s Twitter account, the veteran DeFi …
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Bitcoiner Dennis Porter tweeted that El Salvador had raised $500 million for their Bitcoin bond program. JUST IN – El Salvador raises over $500,000,000 for their #Bitcoin bond. 🌋🇸🇻 — Dennis Porter (@Dennis_Porter_) February 23, 2022 According to Blockstream’s Chief Strategy Officer Samson Mow, the $500 million raised is in the form of verbal commitments, …
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Bitcoin adoption as a legal tender could spiral to a new high as several governments around the world are already looking at the practicality of adopting the flagship digital asset within their jurisdiction. Mexican Senator is preparing Bitcoin bill According to available information, a Mexican Senator, Indira Kempis, is working on a bill that will …
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