EOS, STX, IMX and MKR show bullish signs as Bitcoin searches for direction
The United States equities markets have made a strong recovery this week, but Bitcoin (BTC) failed to follow suit. This means that cryptocurrency investors stayed away, and they could be worried by the ongoing problems at Silvergate bank. These fears could be what is behind the total crypto market capitalization dropping to nearly $1 trillion. […]
VeChain’s VORJ Platform Launches With Codeless Technology
VeChain is set to revolutionize Web3 with the launch of its new VORJ platform, which will introduce codeless technology. The VORJ platform is designed to eliminate the barriers that have hindered the creation of digital assets. It will make it possible for users to create, manage, and deploy smart, concurrent systems without requiring any technical […]
Ripple Works on Private XRP Ledger for CBDC, Says Ex-Executive
Ripple Works on Private XRP Ledger for CBDC, Says Ex-Executive In the world of cryptocurrencies, Ripple has been making waves with its development efforts for XRP. XRP is the native cryptocurrency for Ripple’s cross-border payment network which allows financial institutions to transfer money globally without intermediaries. However, the recent statement made by former director of […]
CZ denounces false rumor ‘widely’ spread on China’s WeChat
Binance CEO, Changpeng “CZ” Zhao has found himself defending his life on social media after a false rumor was spread claiming that he had been “shot” by the Federal Bureau of Investigation (FBI). The unfounded speculation rapidly spread across Chinese messaging platform, WeChat, prompting a response from the Binance CEO. Responding to the rumors in […]
Ethereum In An ‘Obvious Accumulation Range Of All Time’ – Preparing For $5,000?
Ethereum has been hovering around $1,500, failing to break the $1,700 resistance level since February. However, according to a Twitter post by crypto analyst “Moon” on March 3, Ethereum is currently in an “obvious accumulation range of all time,” setting the stage for more upside potential for ETH in the near future. Moon believes that […]
Bank of America Expects the Fed to Keep Hiking Rates Until ‘Point of Pain’ for Consumer Demand
Bank of America has warned that the Federal Reserve will have to keep raising interest rates until it finds “the point of pain for consumer demand.” The Bank of America senior economist Aditya Bhave published a note earlier this week warning that the Federal Reserve could increase interest rates beyond the market’s expectations to bring […]
Multicoin Capital’s Hedge Fund Lost 91.4% Last Year, Investor Letter Reveals
Multicoin Capital’s hedge fund suffered a significant loss of 91.4% in 2022, according to an investor letter viewed by CoinDesk. The hedge fund’s poor performance was attributed to the tumultuous year for cryptocurrencies, as well as the direct and indirect impact from the collapse of crypto exchange FTX. The annual investor letter explained that while […]
Uniswap (UNI) Mobile Wallet Launches in Limited Release for This Reason
Uniswap Launches Mobile Wallet in Limited Release Due to Apple Restrictions Uniswap, the decentralized finance (DeFi) platform, has introduced its mobile wallet, a completely self-custodial, open-source mobile application that allows users to trade tokens on the go. However, the wallet is currently only available as a limited early release through Apple TestFlight, as the platform […]
BTC Consolidates Recent Losses to Start the Weekend
Bitcoin and Ethereum Technical Analysis: BTC Consolidates Recent Losses to Start the Weekend The recent sell-off in the cryptocurrency markets came to a temporary halt as bitcoin (BTC) and ethereum (ETH) marginally stabilized on March 4, 2021. Bitcoin fell to a two-week low on Friday, but the weekend session saw a slight shift in the […]
PawSwap (PAW) Market Cap Soars After Recent Manifold Listings: Details
PawSwap (PAW) Market Cap Soars After Recent Manifold Listings: Details PawSwap, the upcoming multi-chain decentralized crypto exchange on Shibarium, has recently gained significant attention in the crypto community due to its rapid growth in market capitalization and trading volume. The native PAW token of PawSwap has spiked exponentially and become one of the most sought-after […]