Bitcoin (BTC) and most major altcoins have been relatively quiet during the holiday period from Good Friday onward. This suggests that cryptocurrency traders are not initiating large bets during the period when the U.S. equities markets are closed. That could be because of the tight correlation between Bitcoin and the S&P 500 and the uncertainty …
Continue reading “Top 5 cryptocurrencies to watch this week: BTC, XRP, LINK, BCH, FIL”
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Lynn Liss, the chief operating officer and co-founder of Akoin, a cryptocurrency and blockchain ecosystem designed to empower entrepreneurship …
The brief Dogecoin (DOGE) price rally last week following Tesla CEO Elon Musk’s bid to buy Twitter appears to be fizzling out as DOGE closes the week over 8%. DOGE’s price dropped to $0.142 on April 17, three days after peaking out locally at $0.149. The Dogecoin correction, albeit modest, raised its potential to trigger …
Continue reading “DOGE price analysis hints at 30% drop despite Elon Musk’s Twitter bid”
Quick take: Moonbirds NFTs currently top the list in 24-hour trade volume at $157 million The Moonbirds NFTs went on sale yesterday, April 16th, and are dominating the daily and weekly trade volumes Their trade volume has exceeded that of Meebits and Bored Ape Yacht Club NFTs There are currently 6,920 holders of Moonbirds, with …
Continue reading “Moonbirds NFTs Top 24hr Trade Volume at $157M, as Floor Price Increase By 5x”
When the internet was introduced in the 1990s, it was a new way for people to access information and connect globally. Unfortunately, the internet later became a hub where governments and companies track your activities, collect data, and invade your privacy. During this period, Virtual Private Networks (VPNs) became a service that helped mask a user’s …
Continue reading “The case for Decentralized Private Networks over traditional VPNs”
A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market for digital assets. Russian Deputies to Review Law on Crypto-Related Taxation The federal government of …
Continue reading “Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament”
Transaction fees on the Ethereum network are dropping again after average fees saw a brief spike on April 5 jumping to $43 per transfer. 12 days later, average ether fees are close to dropping below $10 per transaction and median-sized fees have slid below $4 per transaction. Moreover, layer two (L2) transaction fees have also …
Continue reading “Following a Brief Fee Spike, Gas Prices to Move Ethereum Drop 76% in 12 Days”
Another spicy week of crypto news heads into the weekend, with Mexico’s third-richest billionaire advising “save your skin” from hyperinflation by buying bitcoin, Shark Tank star Kevin O’Leary predicting that bitcoin mining will “save the world,” Bitcoin.com News noting eerie similarities between the current great monetary shift and the creation of the U.S. Federal Reserve, …
Blockchain analytics firm Santiment says Litecoin’s biggest holders have started moving LTC at levels not seen in nearly a year. Santiment says that on April 14th, LTC transactions worth more than $100,000 were at their highest point since May of 2021, when volatility was exploding in the crypto markets. “Litecoin’s top key stakeholders have been …
Crypto analyst Benjamin Cowen says that Bitcoin (BTC) is approaching a critical juncture where the flagship cryptocurrency must ultimately choose a direction. In a new strategy session, Cowen tells his 725,000 YouTube subscribers that Bitcoin is putting in higher lows in a pattern that resembles other periods in BTC’s history. According to the analyst, the …
There’s no denying the current narrative about Web3: it’s a boys club. And, if we keep affirming this narrative, it’s bound to come true. The truth of crypto as a boys club won’t just be detrimental to women — it’ll be detrimental to the entire promise and growth of Web3. Web3 is not an exclusive …
Continue reading “An open invitation for women to join the Web3 movement”
DeFi is driving the development of cutting-edge Web3 use cases such as nonfungible tokens (NFTs), gaming and the metaverse. With the Binance Bridge 2.0, DeFi can be brought to a broader audience worldwide while maintaining the same smooth user experience as CeFi. Most of the “DeFi” ecosystem relies on centralized services because of convenience, which …
Continue reading “The integration of CeFi and DeFi through Binance Bridge 2.0”
BTC Price in a Sideways Trend as Bitcoin Remains Above $40K – April 17, 2022 Bitcoin’s (BTC) price has begun a series of sideways moves as Bitcoin remains above $40K. BTC/USD is in a range bound move between levels $39,223 and $41,500. BTC’s price is now consolidating in the middle of a price range. Since …
Litecoin Bulls are Pushing for Recovery – April 17The Present trading situation has it that Litecoin bulls are pushing for recovery against the US Dollar at the high and the low of $115 and $112 value points. The crypto-economic market shows a slight negative percentage trading outlook, giving a warning signal contrary to getting more …
Continue reading “Litecoin Price Prediction for Today, April 17: Bulls are Pushing for Recovery”
Quick summary: Beanstalk DAO has reportedly been exploited for $75 million through a flash loan The exploiter might have used a proposal to ‘Give 250k Bean to Ukraine’ to kick-start the exploit PeckShiled Inc. has notified the team at Beanstalk of the possible flash loan The exploiter has already started transferring some of the Ethereum …
Continue reading “Beanstalk DAO Allegedly Suffers Flash Loan DeFi Exploit Worth $75M”
