Lucky Block: August 28 After Securing a strong support above $0.002070, Lucky Block has been advancing its value towards the high side. There are significant signs on the LBLOCK that supports more upward movement of value in this market. Traders should not delay in entering this market with a buy order. LBLOCK’s Current Value $0.002139 …
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An analyst at investment management firm ARK Invest says Ethereum (ETH) could start gathering more bullish momentum as the crypto markets pivot back to a risk-on environment. In a new interview on the For Your Innovation podcast, ARK analyst Frank Downing says that the dust is settling in the crypto markets after months of bearish …
Crypto attorney John Deaton is looking at the former Chair of the U.S. Securities and Exchange Commission (SEC) for the lack of regulatory clarity in the digital asset industry. John Deaton is calling out Jay Clayton after the former SEC Chair wrote an article in the Wall Street Journal about crypto regulation. In Clayton’s article, …
Bitcoin (BTC) looked set to equal its lowest monthly close since 2020 on Aug. 28 as bulls failed to take control. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Odds stack up for a deeper dive below $20,00 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD criss-crossing $20,000 with hours until the weekly candle completed. …
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Satoshi Nakamoto has more than 1 million BTC, making him the largest Bitcoin holder. He is followed by the founders of Grayscale and Binance, who together have about the same amount of BTC as Satoshi Nakamoto. When looking at the largest Bitcoin holders, there are a few parties that stand out. Of course, Satoshi Nakamoto, …
Continue reading “The number of crypto billionaires is growing fast, here’s why”
Top US crypto exchange Coinbase says it’s open to supporting any legitimate proof of work (PoW) fork of Ethereum (ETH) after the highly anticipated Merge slated for September. Coinbase says that it wants to look at each future Ethereum fork on an individual basis. “Coinbase is committed to fully supporting the upgraded Ethereum PoS (proof …
In light of the recent discussions around depegging its native token from USD Coin (USDC) amid sanctioning of Tornado Cash, MakerDAO co-founder Rune Christensen reached out to the community explaining why free-floating DAI may be the only choice for the decentralized autonomous organization (DAO). In his blog post, “The Path of Compliance and the Path …
Continue reading “MakerDAO co-founder recommends DAI-USD depegging to limit attack surface”
BItcoin (BTC) is on track to see its worst August performance since the 2015 bear market — and next month may be even worse. Data from on-chain analytics resource Coinglass shows that BTC/USD has not had an August this bad for seven years. September means average 5.9% BTC price losses After two major BTC price …
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GameFi, the fusion of gaming and decentralized finance (DeFi), attracts a set of investors that tend to choose projects based on their use case rather than money-generating potential. The GameFi ecosystem attracts GenZ investors and gaming enthusiasts. As a result, it stands as an entry point for numerous first-time investors. A ChainPlay survey participated by …
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Bitcoin (BTC) may have hit six-week lows of under $20,000 but its network fundamentals are anything but bearish. The latest on-chain data shows that, far from capitulating, hash rate and difficulty are making snap gains. Data supports “doozy” difficulty jump Despite being down around 7% in a week, BTC/USD is not putting off miners, who …
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The last couple of years have been crazy for meme coins. The attention they’ve gotten has far left the decade-old Bitcoin, and it’s fair to say that meme coins are investors’ favorite altcoins in 2022. People continue to invest in these meme coins despite knowing they are practically a joke. This excitement has led to …
Cryptocurrency service providers operating in Ethiopia are now required to register with the country’s cybersecurity agency known as the Information Network Security Administration (INSA), a report has said. According to the agency, legal measures will be applied to crypto entities that fail to comply with its registration call. INSA Tasked With Developing Operating Procedures The …
Antpool, the bitcoin mining pool affiliated with Bitmain, has announced the crypto mining operation will not manage ethereum accounts after The Merge is implemented. The mining pool is asking participating Antpool miners to add their ethereum withdrawal addresses by September 3, in order to receive the accumulated ether collected by Antpool. Antpool to Stop Supporting …
Continue reading “Antpool Reveals Plans to Drop Ethereum Ethash Support, Plans to Keep Mining ETC”
The Central Bank of Russia has relaxed some limitations for Russian banks selling U.S. dollars and euros to the public. The increased supply of foreign cash may affect the crypto market in the country as currency restrictions have been a driver of increased demand for digital coins. Monetary Authority of Russia Expands Citizens’ Access to …
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The CRV/USD downward trend started on the 14th of August. It took the price to the low of $0.99734776 from$1.43650343 which also forms the new support level. On the 21st of August, after the price action has settled on the support level, bulls became strong enough to prevent any further downward push of the price …
Continue reading “Curve Price Prediction for 23rd of August: CRV/USD Bull Market”
