Despite the global cryptocurrency market cap mainly consolidating on Tuesday, LUNA and CELO were some of the session’s biggest gainers. ZIL, on the other hand, continued to fall following recent highs, trading over 15% lower during today’s session. CELO ZIL fell for a fourth straight session on Tuesday, as prices continue to slip away from …
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On April 4, 2022, the Department of Justice (DOJ) and the U.S. Attorney’s Office of South Florida revealed that law enforcement seized $34 million in crypto assets from an unidentified man living in Florida. According to the DOJ, the man allegedly conducted more than 100,000 sales on darknet markets, selling online account information tied to …
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Bitcoin was back in the green during Tuesday’s session, as the world’s largest cryptocurrency rose above $47,000. ETH was also marginally higher today, as it continued to hover close to its $3,500 resistance level. Bitcoin Bulls were back in bitcoin on Tuesday, as the world’s largest cryptocurrency rose above $47,000 during the session. Following a …
The Ecuadorian Police and the prosecution of Ecuador have raided several locations linked to Fortunario Digital Assets, a company that was allegedly making illegal collections of money related to forex and cryptocurrency business. The operation also encompassed the seizure of more than $7 million from the accounts of the Ecuadorian company. Ecuadorian Police Raid Fortunario …
A popular crypto trader thinks one decentralized finance (DeFi) altcoin built on Ethereum (ETH) is on the verge of a big recovery. The pseudonymous crypto analyst Credible tells his 320,600 Twitter followers that Ethereum-based Curve Finance (CRV) is “revving its engines.” Curve is trading at $2.91 at time of writing. Credible thinks the DeFi altcoin …
After a rocky start to the new year, March may finally have set the crypto markets back on an upward trajectory. Back in February, news of the war between Russia and Ukraine created significant opportunities for traders to reenter the market at diminished prices. This did not last long, however. The market soon began to …
Continue reading “Crypto prices enjoy a solid March relief rally. But, how and why?”
Bitcoin (BTC) fell into the Wall Street open on April 5 after briefly passing $47,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader shows importance of 200DMA for Bitcoin Data from Cointelegraph Markets Pro and TradingView showed BTC/USD encountering downward pressure as financial markets opened on April 5. The pair was thus more or less at …
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Dogecoin (DOGE) continues its rebound move four weeks after bottoming near $0.10 and is now promising more upside moves in Q2/2022. Dogecoin price nears two-month highs DOGE’s price had risen by nearly 6.5% week-to-date to $0.15 a token. The coin’s recent gains surfaced after Elon Musk disclosed his $3-billion stake in Twitter on April 4, …
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The rise of Web3 has paved the way for new business models that could shape the next phase of the internet. For instance, nonfungible tokens (NFTs) will play a large part in the open metaverse as the underlying assets people interact with. Decentralized autonomous organizations (DAOs) are also coming to fruition to allow for community …
Continue reading “‘Our democracy will better evolve because of DAOs,’ says Animoca’s Yat Siu”
With crypto gaining mainstream popularity within the multi-billion-dollar worth crypto industry, government authorities are keenly supporting this expansion through well-planned initiatives. The recent country to join this bandwagon is the United Kingdom where the government is looking forward to establishing the state as a crypto-friendly space for global firms and investors. With this in mind, …
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Seeing the growing craze for virtual currencies in India, top-tier crypto exchange Coinbase is eyeing to expand its operations in the fast-developing economy. With its strong edge in technical prowess and expert professionals, India is looked upon as a lucrative option for business expansions and promotions. As crypto continues to gather the interest of Indian …
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Binance Chains, also called the home of BNB currencies, have gained their part in the cryptocurrency world faster than expected. Binance chain was first introduced to the world by Binance in 2019. And from that point on, Binance has made sure to provide the fastest and most decentralized trading. Binance Smart Chain provides a full-featured …
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When it comes to the world of technology news, one topic has dominated the conversation: the Metaverse. It got highlighted after Facebook renamed itself to Meta and announced the launch of Metaverse in the coming days. As per them, Metaverse will be a digital representation of the physical universe where everything can be done digitally. …
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Popular crypto strategist Michaël van de Poppe is predicting what’s in store for decentralized oracle network Chainlink (LINK), Ethereum rival Near (NEAR) and three additional altcoins. Van de Poppe tells his 580,200 Twitter followers that he’s looking at Chainlink against Ethereum (LINK/ETH) with the goal of finding a coin that will outperform Ethereum. “I still …
Whenever Elon Musk does something on Twitter, the crypto market moves in response. Publishing a tweet, changing his profile picture or adding “#Bitcoin” on his bio affects the markets — the latter even more so, sending Bitcoin (BTC) price up by 20%. This is why the community lies in anticipation of what Musk‘s Twitter investment …
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