Day: November 16, 2021

Liquid staking protocol pSTAKE raises $10M from notable cryptocurrency venture capital firms and angel investors

On Tuesday, pSTAKE, a liquid staking protocol from decentralized finance (DeFi) platform Persistence, announced in a statement provided to Cointelegraph that it had closed a $10 million strategic funding round from venture capital firms. Tendermint, the core developer behind the Cosmos network, powers Persistence blockchain with its consensus engine. Liquid staking is the practice of users “double-dipping” with their crypto assets — i.e., allowing them to stake their crypto in one pool and use their staked assets to farm yields in a liquidity provider pool, or vice versa. The process…

Bitcoin & Crypto Critical News Updates!

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American Airlines partners with decentralized travel market Winding Tree

Ethereum-based decentralized travel marketplace Winding Tree has announced a new collaboration with American Airlines that will allow select travelers to receive tailored booking options, opening up a potential new use case for blockchain technology.  Through the collaboration, American’s largest corporate travel buyers will have access to Winding Tree’s marketplace to book travel directly and receive “uniquely tailored and cost-efficient travel options,” the companies announced. Neil Geurin, who serves as American Airlines’ managing director of digital and distribution, said Winding Tree gives customers “provides a frictionless approach” to accessing travel accommodation.…

🚨 BITCOIN EXTREME WARNING!!!!! Bitcoin Technical Analysis.

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io BTC Bitcoin Technical Analysis live now price prediction today 2021 25.10.21 $BTC has broken out of the Weekly range we had. Will it now hold as support for higher or have we seen an epic fakeout?! – Want To Win More Trades, Make More Money? – Want To CRUSH THE CHARTS Like A Champion? – Want to join our THRIVING community of over 12,000 Champions and get exclusive tips, tricks, tactics and strategies to fuel YOUR trading success TODAY! Any advisory or…

Crypto Markets Shed Billions Overnight — Analyst Says ‘Drawdown Normal’ and ‘Bull Market Structure Still Intact’ – Bitcoin News

Cryptocurrency markets have dropped significantly in value during the last 24 hours as the entire market capitalization of all 10,000 crypto assets in existence has dropped below the $3 trillion mark to $2.77 trillion on Tuesday morning (EST). After tapping $66K on Monday, bitcoin’s price slid below the $60K handle to a low of $58,563 per unit. After the steep fall, bitcoin’s price has recovered some losses, rising back above the $60K range and has started to show some consolidation. Bitcoin, Ethereum, Top Cryptos See Double-Digit Losses in 24 Hours…

Co-founder of Ethereum’s creator Vitalik Buterin – Cointelegraph Magazine

Dmitry Buterin is a self-made millionaire who fathered a billionaire who created a cryptocurrency that’s on its way to becoming a trillion-dollar asset. Suffice to say the possibility that Buterin would found three multi-million dollar businesses and retire in his 40s was beyond his wildest imaginings growing up in Grozny, Chechnya in the former Soviet Union during the 1970s. “Of course not,” the Toronto resident says in a still quite prominent accent. “Because in the Soviet Union, when you retire, you’re pretty much close to death. And everybody is more…

The Most Promising Collection Drops

NFT is definitely one of the main buzzwords of today: non-fungible tokens are used more and more widely in multiple industries, artists create new collections regularly, and NFT popularity and market value are growing steadily. However, it has become quite difficult to find true gems among the plethora of NFTs collections, so we have prepared a small list of the most promising upcoming NFT collection drops that are worth watching for. Mutant Ether Babies Mutant Ether Babies (Mebs) are 10,000 NFTs that are going to drop from November 15 to…

Ethereum price risks losing $4K on ‘rising wedge’ breakout fears

A selloff in Ether (ETH) on Nov. 16 has increased the chances of ETH’s price falling below $4,000. ETH plunged 10% to around $4,100 on Tuesday, amid an ongoing market correction led by Bitcoin (BTC). In doing so, Ether dropped below its fourth-quarter upward trendline support.  ETH/USD daily price chart. Source: TradingView ETH/USD also tested its 50-day exponential moving average (50-day EMA; the velvet wave in the chart above) as its new price floor before bouncing higher. The next support line to keep an eye on if the 50-day EMA…