Dogecoin price has corrected by roughly 71% since its peak value due to Elon Musk’s SNL appearance Dogecoin’s 200-day moving average remains as its last line of defense at the $0.15 price area Dogecoin could be gearing up for a short-term reversal hinged on whether Bitcoin retains the $30k level as support The popular meme-coin …
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Ethereum has lost its $2k support zone hitting a local low of $1,700 today However, Ethereum’s top 10 non-exchange whale addresses keep holding Other Ethereum investors have sent $500M worth of ETH to crypto exchanges in the last week Ethereum looks set for its very own death cross in mid-July Yesterday, Ethereum lost its crucial …
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Digital Currency Group will purchase shares of the Grayscale Ethereum Classic trust worth $50 million Digital Currency Group is the parent company of Grayscale Investments The purchase will not be immediate and will depend on numerous factors Ethereum Classic’s value has been hit hard by the ongoing crypto market pullback led by Bitcoin dropping below …
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DeFi users have stuck with Polygon despite lower gas fees on Ethereum DeFi on polygon continues to experience record growth due to its affordability Total DeFi users on MATIC have exceeded 420k On June 15th, the total value locked on Polygon hit an all-time high of $11.85 Billion DeFi users that have interacted with Polygon (MATIC) …
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Microstrategy CEO believes that Satoshi Nakamoto deserves a Nobel Prize in Economics Mr. Saylor also adds that Satoshi should receive another Nobel Prize for the invention of a monetary system that does not rest on the threat of violence Microstrategy recently bought 13,009 Bitcoins for $489 million Michael Saylor and Microstrategy are playing the long …
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Crypto adoption is gaining traction in Texas Coin Cloud will install Crypto kiosks in 29 H-E-B Grocery stores in the state The machines will provide customers access to over 30 digital assets including Bitcoin, Ethereum, Dogecoin, USD stablecoins and numerous DeFi tokens Governor Abbott believes ‘Texas will be the crypto leader’ Crypto adoption has taken …
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Flare Networks has released the final details of the Spark Token (FLR) distribution 100 Billion Spark Tokens (FLR) will be minted when the network is launched 45 Billion of the Spark Tokens (FLR) will be distributed to individual XRP holders who participated in last year’s snapshot Ripple, Jed McCaleb and non-participating exchanges are excluded from …
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Ethereum percent addresses still in profit has hit a 5-month low of 90.73% The number of Ethereum addresses in loss has also hit a 5-month high of 5.542 million Ethereum miner revenue has also reached a 3-month low of $1.121 Million 187k ETH has been sent to crypto exchanges in the last week and could …
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The Polygon (MATIC) development team has opened discussions for the implementation of EIP-1559 on its network MATIC has a fixed supply therefore implementation of EIP-1559 would mean restructuring payouts The development team proposes the implementation of EIP-1559 on Polygon without burning the base fee They propose that the base fee be sent to the foundation …
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The team at Flare Networks had drafted 3 proposals to modify the distribution of Spark Tokens (FLR) The proposals were meant to cater to XRP holders who live in jurisdictions that tax airdrops However, the CEO of Flare Networks has scrapped all plans to modify Spark Token distribution The original plan has been retained by …
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Many traders use technical analysis to determine Bitcoin’s short-term price movements This could lead to a ‘self-fulfilling’ death cross as Bitcoin traders expect further losses Bitcoin’s 50-day moving average is in the process of crossing the 200-day moving average to confirm the death cross Bitcoin’s price will most likely continue to drop in the months …
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The Chainlink Community Grant Program is expanding beyond smart contracts and blockchain projects focused on the Chainlink ecosystem Social Impact Initiatives will now be included in the Chainlink Community Grant Program The grants program will now fund developers and researchers building real-life solutions using smart contracts The team at Chainlink has announced the expansion of …
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Binance has launched its new Bitcoin Dominance perpetual contract, BTCDOM The BTCDOM contract will have a maximum leverage of 25x and use Tether (USDT) as collateral BTCDOM is a cryptocurrency index comparing Bitcoin to the top 20 digital assets on Binance by market cap, excluding stablecoins The BTCDOM index is uncapped which means it can …
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Nascar Driver Landon Cassill will receive his entire payment in Litecoin (LTC) Mr. Cassill will be the first Nascar Driver to be paid entirely in cryptocurrency The payment in Litcoin is part of a 19-race sponsorship deal with Voyager At one point, Charlie Lee helped Landon Cassill understand Litecoin when he was mining LTC in …
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Grayscale has updated the list of digital assets it has been exploring as potential additions to its product offerings Grayscale has added 13 digital assets to the list including Polygon (MATIC) and Solana (SOL) Grayscale now has $34.4 Billion in assets under management In the last 30 days, Grayscale has purchased several altcoins including Filecoin, …
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