Cryptocurrency exchanges and financial services companies will soon likely no longer be able to accept transactions completed with many major credit cards following the companies ceasing operations for Russia-based users. On Saturday, Visa, Mastercard, and PayPal announced they would be suspending operations in Russia following the country’s military actions in Ukraine. Visa called Russia’s actions …
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Ether (ETH) is still in troubled waters after failing to break a five-week-long descending channel top for the third time in a row. The March 2 test of the $3,000 resistance was followed by a 17.5% correction in five days, which signals that buyers are somewhat reluctant to defend the price. To date, Ether suffers …
Continue reading “Ethereum traders reduce their bullish bets as ETH struggles reclaim $3K”
Bitcoin Price Prediction – March 8 The Bitcoin price prediction shows that BTC is trading at $38,727 but the coin seems to be preparing for another upward movement. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $45,000, $47,000, $49,000 Support Levels: $32,000, $30,000, $28,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is …
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A leading digital asset intelligence firm reveals that crypto whales are accumulating massive buying power to the tune of more than $1 billion worth of stablecoins. Santiment says that deep-pocketed crypto investors known as whales and sharks are snapping up stablecoin Tether (USDT) after months of unloading the crypto asset. “Whales and sharks provide alpha …
March 8, 2022 – Tel Aviv, Israel Orbs continues to push the boundaries of multi-chain interoperability as part of its Orbs 3.0 roadmap. The next step in the ecosystem expansion involves the Fantom blockchain, a growing force in the decentralized finance industry. The Orbs vision is to create broader interoperability between different blockchains and ecosystems. …
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Ethereum-competitor Fantom (FTM) has crashed 25% after news broke of a high-profile departure from the project. Famed decentralized finance (DeFi) developer Andre Cronje is reportedly leaving the DeFi space altogether, along with fellow developer Anton Nell. Explains Nell in a Twitter thread, “Andre and I have decided that we are closing the chapter of contributing to …
According to famed decentralized finance (DeFi) detective Zachxbt, 31 nonfungible token (NFT) projects may be at risk due to “suspicious code.” In a lengthy Twitter thread published Tuesday, the DeFi detective first raised the issue of NFT project Thestarlab, which was allegedly compromised for 197.175 Ether (ETH), worth $580,325 at the time of publication. Zachxbt quoted fellow blockchain investigator MouseDev, who …
Solana nonfungible token, or NFT, marketplace, Magic Eden has announced a partnership collaboration with popular sporting entertainment platform Overtime to launch an NFT collection proposing to enhance fan engagement and exclusive experiences. The partnership is orientated around the 2022 NCAA men’s basketball tournament, a national college championship conference often referred to as March Madness, and …
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Bitcoin (BTC) erased then recovered its daily gains later on March 8 as United States President Joe Biden announced a complete ban on Russian oil imports. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC comes full circle, while gold steals the show Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it targeted $38,000 an …
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“The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss which Terra-based coins you should be looking out for in 2022. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook …
Ethereum’s Environmental Footprint: Breaking Down the Misconceptions By Yorke E. Rhodes III, EEA Board Member and Co-Founder blockchain @Microsoft There’s no denying that blockchain, Ethereum, non-fungible tokens (NFTs) and the entire ecosystem surrounding them have been maturing quickly and gaining traction with a mainstream audience. However, while the space continues to amass loyal and enthusiastic …
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Quick take: The Avalanche Foundation has launched the ‘Avalanche Multiverse’ This is a $290 Million incentive program meant to increase the use and adoption of its ‘subnet’ feature ‘Subnets’ are a form of scaling on Avalanche through custom blockchains Avalanche will kick off the program by collaborating with DeFi Kingdoms, Aave, Golden Tree Asset Management, …
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Sanctions against the Russian Federation are hitting hard on the Russian nation and its businesses, financial- and payment systems, and citizens alike. More and more nations and institutions are lining up to impose sanctions, and it seems as if deeper and wider sanctions are coming. Russia has been on a mission to de-risk its dependence …
Continue reading “Bipartisan bill: Lock down Russia’s gold reserves, U.S. may stop oil imports”
Celebrities shilling crypto assets aren’t uncommon in the industry, but a new video shows that Jake Paul is operating on a different level. The video released by Coffeezilla on YouTube revealed that YouTuber and professional boxer Jake Paul had earned millions promoting worthless tokens to his fans. In the video, Coffeezilla showed that Paul had …
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Bitcoin prices have traded within a volatile consolidation range this week, opening at a weekly low of $37,333, rallying to a high of $45,039, and then giving back the majority of the gains, trading at $38,900 at press time. According to data analysts Glassnode’s weekly newsletter, as the global macro and geopolitical stage, the war …
Continue reading “Bitcoin price consolidates while daily active addresses see strong growth”
