When it comes to cryptocurrencies and their ability to impact finance, there’s a lot of debate available. Eswar Prasad, in his book The Future of Money: How the Digital Revolution Is Transforming Currencies and Finance, presents his views on cryptocurrencies and their impact on social, economic, and political factors in economies. He provides a broader …
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On-chain data shows the Ethereum funding rates have now declined to the lowest value in 14 months, something that could pave way for a short squeeze in the market. Ethereum Funding Rates Reach Highly Negative Value As pointed out by an analyst in a CryptoQuant post, the ETH funding rates are currently at their least …
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The price of Bitcoin (BTC) in recent weeks has had a remarkable bounce and run from its low of $19,000, with many calling for a bull run. BTC’s price soon faced resistance and was rejected from the $25,200 mark as it formed a bearish rising wedge. The price of BTC broke out from the rising …
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FLOW, a blockchain-powered coin, is back in its element. FLOW price plunged by 4.00% Network releases MetaplierFlow gave rise to collaboration with CelerNetwork Coin performance may not attract short-term traders Even though the network may not currently be experiencing a strong bull run, it does appear to be focused on giving consumers who access its …
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The price movement of Cardano (ADA) has been in the negative direction, and the seven-day chart was predominantly red. ADA resistance key seen at the $0.4694 level Cardano price up by 3.74% Fed tensions negatively impacted crypto market; including ADA price Following a recent market correction, ADA encountered resistance at the $0.4694 level. After the …
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Solana price witnessed a strong bearish pull as major market coins also depreciated significantly on their charts. The altcoin fell by 6% over the last 24 hours. In the past week, Solana lost 14% of its market value. The bulls were trying to defend the coin at their nearest support level, however, the coin met …
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Popular bitcoin mining pool, Antpool has announced its intention to stop managing Ethereum-oriented accounts after the completion of the merge. Antpool directed every participant in its mining pool to integrate Ethereum withdrawal addresses before September 3. According to the protocol, this will enable them to receive their accumulated Ether tokens. Antpool’s decision to stop backing …
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A top government official in South Korea, Kim Yong-beom, has joined a research organ of blockchain VC Hashed. Yong-beom is a prominent figure in South Korea during his tenure as the Vice Minister of the Korean Ministry of Economy and Finance. A post he held till 2021. Since moving away from the ministry, Yong-beom has …
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The popular Japanese Web3 game firm Animoca Brand Japan has completed its latest funding round. The web3 firm raised about $45 million from MUFG Bank, Ltd and Animoca Brands Corporation Limited. Animoca Brand Japan is now worth about $500 million with this funding round which will be invested in the Japanese web3 industry. The firm …
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A closely followed crypto strategist is issuing a dire warning to Bitcoin (BTC) and Ethereum (ETH) holders. Crypto analyst Justin Bennett tells his 106,800 Twitter followers that the recent sell-off in the stock market suggests an imminent move to the downside for Bitcoin. “Today’s sell-off from stocks is more than just a single red day. …
Every year, we see new blockchain networks being developed to tackle specific niches within certain industries, each blockchain having specialized functions based on its purpose. For example, layer-2 scaling solutions like Polygon are built to have ultra-low transaction fees and fast settlement times. The increase in the number of new blockchain networks is also a …
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The buyers started on a strong note today as trading activities of CHZ/USD opened with very strong buying pressure. The bullish momentum aims at breaking the $0.23292657 resistance. However, along the line, selling pressure became so strong that the price dropped below the bullish opening price. At the moment, the sellers are even more aggressive …
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,700 articles for Bitcoin.com News …
The publicly listed firm Coinbase Global has revealed the company plans to evaluate any potential forks that arise from the upcoming Ethereum upgrade known as The Merge. In a recently updated blog post, Coinbase said if a new Ethereum proof-of-work (PoW) token is created it “will be reviewed with the same rigor as any other …
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The Synthetix price prediction shows that SNX is facing the upside as the coin moves to break above the 9-day moving average to reach $3.15. Synthetix Prediction Statistics Data: Synthetix price now – $3.10 Synthetix market cap – $726.4 million Synthetix circulating supply – 234.5 million Synthetix total supply – 293.2 million Synthetix Coinmarketcap ranking …
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