Inflation has become one of the most pressing global economic issues today. Rising prices have drastically reduced both the overall wealth and the purchasing power of a huge chunk of the developed world. And while inflation certainly is one of the biggest drivers of economic crisis, a bigger danger looms around the corner — stagflation. …
Monthly archives: August 2022
Uniswap Censors 253 Crypto Addresses Blacklisted for Crime, Sanction Associations
According to a recently published report, the decentralized exchange (dex) Uniswap has blocked roughly 253 cryptocurrency addresses allegedly tied to crimes or government sanctions. The information was discovered by the software developer Banteg who analyzed and saved the shared logs from Uniswap’s server. 30 out of the 253 Blocked Addresses Are ENS Domain Names, Uniswap …
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Biggest Movers: SHIB Rebounds on Saturday, as ATOM Moves Away From 3-Week Low
Following three consecutive days of declines, shiba inu rebounded on Saturday, as the meme coin appears to have found a support point. Cosmos was also higher, in what has mostly been a bearish start to the weekend. As of writing, the global crypto market cap is down 1.31%. Shiba Inu (SHIB) Shiba inu (SHIB) was …
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Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Recent Declines During Saturday’s Session
This week’s sell-off in cryptocurrency markets worsened on Saturday, with bitcoin falling below $21,000 for the first time in nearly a month. Ethereum also continued its descent in today’s session, as the price of the token dropped under the $1,700 level to start the weekend. Bitcoin Bitcoin (BTC) continued to reside in the red to …
Crypto Analyst Michaël van de Poppe Outlines What’s Next for Cosmos, Aave, Elrond and Two Ethereum Rivals
A popular analyst is digging into the charts to update his price targets for a handful of leading crypto assets. Michaël van de Poppe first tells his 622,600 Twitter followers that he’s keeping a close eye on support levels for scalability and interoperability ecosystem Cosmos (ATOM), which recently gave up gains from the latest leg …
Crypto Trader Who Predicted Bitcoin Collapse This Year Issues New BTC Warning
The crypto trader and analyst who accurately predicted that Bitcoin (BTC) would crash below $23,000 months prior is issuing a fresh warning on the flagship digital asset. Pseudonymous crypto strategist Capo tells his 480,200 Twitter followers that it’s “just a matter of time” before Bitcoin falls to new lows. In an update to an earlier …
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Who accepts Ethereum as payment?
Taking payment in Ethereum brings in a gamut of advantages for both users and entrepreneurs. Transitioning to a blockchain-based ecosystem brings in a string of advantages for users as well as entrepreneurs. Here is a drop-down detailing why accepting payment in Ethereum works well for the customers of an enterprise: Additional payment option In a …
Are non-KYC crypto exchanges as safe as their KYC-compliant peers?
Many see implementing Know Your Customer (KYC) tools in crypto as a deterrent to the Bitcoin (BTC) Standard, which has predominantly promoted anonymized peer-to-peer transactions. However, regulators stay put on promoting KYC and anti-money laundering (AML) implementations as a means to ensure investors’ safety and protection against financial fraud. While most crypto exchanges have begun …
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Holo (HOTUSD) Price May Penetrate $0.0020 Support Level, Tamadoge Obeying Bulls’ Command
The bears’ momentum is increasing in Holo market HOTUSD Price Analysis – August 20 Further increase in the bears’ momentum will make the Holo to break down the support level of $0.0021; below it are $0.0020 and $0.0018 support levels. Should the $0.0021 support level holds, the price may reverse and face the resistance level …
LEO Reverses Trend After Significant Gain, TAMA Aims for Better Performance
LEO has rallied significantly within the past few days, yet it is still within the reach of further upside gain. Precisely, this crypto has moved from around $4.700 to $5.400. However, there has been a price correction of nearly 31.4% downwards, nevertheless, after plus and minuses the recorded gain since the initial stage till now …
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Bitcoin Whale Suddenly Moves $107,000,000 in BTC – Here’s Where the Crypto Is Going
One of the world’s largest Bitcoin holders just relocated thousands of BTC as the crypto markets witness another sell-off event. The transaction-tracking Whale Alert tells its 2.2 million Twitter followers that one whale sent 5,000 BTC worth $107.98 million from crypto exchange Binance to US-based digital asset exchange Coinbase. Whale Alert also highlights a half …
Fei Protocol founder proposes ghosting Tribe DAO following hack repayment
An attack in April 2022, which drained off nearly $80 million from various Rari Fuse pools, required the decentralized finance (DeFi) platform Fei Protocol to come up with a solution that minimizes damage to the ecosystem. Fei Labs’ latest proposal, which partly recommends revoking participation from Tribe DAO, received mixed sentiments from the community. Fei …
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ADA Market Is on a Downtrend, Tamadoge Promises a Better Market Performance
ADA/USD rebounds sharply off higher resistance, as sellers tears down steadily rising support line. Since around 15th of July Cardano has been trading in a gradual upward sloping manner. However, that trend appears to have ended given the current situation of this market. Cardano Forecast Statistics Data: Cardano current price: $0.4671 Cardano market cap: $18.1 …
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The Central Bank of Colombia Is Studying the Creation of a Digital Currency
The Central Bank of Colombia is studying the launch of a digital currency, according to statements made by its manager, Leonardo Villar. The organization is evaluating the launch of this instrument as a means of unifying the different digital wallets in the country, making them interoperable and easier to use for customers. Central Bank of …
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Latam Giant Mercado Libre Launches Mercadocoin in Brazil
Mercado Libre, a leading Latam-based e-tailer, has announced the launch of its own token, called “Mercadocoin,” for Brazilian customers. The token will be the main reward of a loyalty program on Mercado Libre’s platform and will be awarded to customers that purchase certain items linked with the token. The token will have an initial value …
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