DOGE rose on Saturday, following yesterday’s tweets from Elon Musk confirming that Spacex could soon accept the memecoin as a payment option for merch. Tezos was also higher to start the weekend, as it rose by nearly 5%. Dogecoin (DOGE) DOGE was one of the most notable movers in crypto markets on Saturday, coming as …
Monthly archives: May 2022
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $29,000 to Start the Weekend
Bitcoin bears re-entered the marketplace on Saturday, as prices moved closer to a multi-week low to start the weekend. BTC once again fell below $29,000, whilst ETH continues to move lower, and now hovers around $1,750. Bitcoin Following a brief rebound on Friday, BTC once again moved lower, with prices falling under the $29,000 mark …
Dvision Network Announces Binance Custody as Its Custodian With DVI Token Supported
press release PRESS RELEASE. In another groundbreaking achievement, the blockchain-based metaverse platform Dvision Network has just announced its official onboarding on Binance Custody. As such, Binance’s custody services arm will support deposits and withdrawals of Dvision’s native token, DVI, on its platform. The support for DVI token on Binance Custody will be provided in a …
Ethereum (ETH) Wallet With Over 30 Million Users Unveils Partnership To Assist Victims of Crypto Asset Scams
A popular Ethereum (ETH) wallet is unveiling a new partnership to help victims of crypto scams recover their digital assets. According to a recent press release, MetaMask, a crypto wallet with over 30 million users created by blockchain technology firm ConsenSys, is teaming up with Asset Reality, a protocol designed for recovering, managing and accessing …
Billionaire Bill Miller Says Upcoming Ethereum Upgrade Will Leave Bitcoin With One Massive Advantage Over ETH
Legendary investor Bill Miller says the upcoming Ethereum (ETH) switch to a proof-of-stake network will saddle Bitcoin (BTC) with one huge advantage over the top altcoin. In a new interview on The Investor’s Podcast Network, the billionaire investor says ETH’s switch from a proof-of-work to a proof-of-stake consensus mechanism could increase financial inequality, a problem …
The key technologies that power the Metaverse
The latest development of the Metaverse was made possible due to technologies like artificial intelligence (AI), the Internet of Things (IoT), AR, VR, 3d modeling, and spatial and edge computing. Artificial intelligence AI paired with Metaverse technology ensures the Metaverse infrastructure’s stability while also delivering actionable information for the upper layers. NVIDIA technologies are a …
Continue reading “The key technologies that power the Metaverse”
NFT 2.0: The next generation of NFTs will be streamlined and trustworthy
Nonfungible tokens (NFTs) have been in the headlines for the past few years. While swaths of the population have tried to get their head around why NFTs exist, demand has soared, institutions have been built, and the lingo has entered our collective consciousness. There is an elephant in the room, though: NFTs are difficult to …
Continue reading “NFT 2.0: The next generation of NFTs will be streamlined and trustworthy”
Yield-Aggregating Tokens: The Power Of Automating Yield Aggregation
A new type of asset-backed token has begun to emerge in recent years: the yield-aggregating token. Harness the power of yield aggregation. When it comes to earning a consistent return on investment, many people turn to the stock market. However, for those looking for a more reliable, efficient, and stable source of income, there is …
Continue reading “Yield-Aggregating Tokens: The Power Of Automating Yield Aggregation”
Dogecoin (DOGE) Gets Elon Musk’s Nod as a Payment Option for Tesla and SpaceX Merchandise
Summary: Elon Musk has stated via Twitter that Tesla will now start accepting Dogecoin (DOGE) as a payment option for its merchandise. Elon Musk also announced that SpaceX would soon start accepting Dogecoin for its merchandise purchases. The announcement has elicited excitement from the crypto community, as well as suggestions such as Tesla accepting Dogecoin …
WAVES Announces DeFi Revival Plan To Fix the Aftermath of USDN’s Depeg and the Liquidity Crisis at Vires Finance
Quick take: The team at Waves (WAVES) has announced a DeFi revival plan meant to make its users whole and restore the full functioning of protocols in its ecosystem. The plan aims to fix USDN’s depeg and the liquidity crisis (a bank run) that soon followed on Vires Finance. Waves’ plan will consist of four …
Solana, Avalanche and Two Other Ethereum Rivals Could Crash 50% if Bitcoin Dives Lower, Warns Top Crypto Analyst
A top crypto analyst believes four Ethereum (ETH) competitors face a bleak future if Bitcoin (BTC) continues to fall. Pseudonymous trader Altcoin Sherpa tells his 176,100 Twitter followers that smart contract-enabled blockchains Solana (SOL), Avalanche (AVAX), Polkadot (DOT) and NEAR Protocol (NEAR) are all set to shed around 50% of their value from current prices …
Terra (LUNA) 2.0 relaunches according to Do Kwon’s revival plan
Do Kwon, the co-founder and CEO of Terraform Labs, confirmed the relaunch of Terra’s new chain, Terra 2.0, which aims to revive the fallen Terra (LUNA) and TerraUSD (UST) ecosystem. Kwon’s revival plan for Terra involves hard forking the existing blockchain and reissuing LUNA tokens to existing investors based on a snapshot before the death …
Continue reading “Terra (LUNA) 2.0 relaunches according to Do Kwon’s revival plan”
Bitcoin price stuck below $29K as Terra LUNA comes back from the dead
Bitcoin (BTC) analysts faced another day of frustration on May 28 as BTC/USD refused to offer volatility up or down. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView “Not the decoupling we wanted” Data from Cointelegraph Markets Pro and TradingView showed the largest cryptocurrency sticking in a narrow short-term range into the weekend. Previously forecast support levels …
Continue reading “Bitcoin price stuck below $29K as Terra LUNA comes back from the dead”
DFI.Money (YFII) Price Plunges by 70% – Should you buy the dip?
DFI.Money (YFII) price took a dive by 70% on the 25th of May, its biggest drop this year. It has led YFII investors to speculate if more plunge is yet to come or if the luck of the crypto just might reverse. Binance is not too confident about the latter. The cryptocurrency exchange is displaying …
Continue reading “DFI.Money (YFII) Price Plunges by 70% – Should you buy the dip?”
Terra 2.0 Launched on May 27 – Should You Buy LUNA and UST
TerraUST’s crash was a wake-up call for many in the crypto ecosystem. The crash caused a whopping 280 billion dollars to disappear from the cryptocurrency market. Most now understand the fallacy of an algorithmically pegged cryptocurrency. Terraform Labs and Luna Foundation are under pressure to offer a way forward to the investors who have chosen …
Continue reading “Terra 2.0 Launched on May 27 – Should You Buy LUNA and UST”