Cardano follows the general sentiment in the market as it records a 4.2% profit in the last 24 hours. The price of ADA trades north of $0.96 with a 12.6% profit in the last 7 days. ADA with moderate profits on the 4-hour chart. Source: ADAUSDT Tradingview Cardano seems to benefit from an overall increase of demand across digital assets and potential mitigation of macro-economic headwinds for risks-on assets. In addition, the network seems to be steadily moving towards new improvements. Related Reading | Cardano Inventor Front-Ran SundaeSwap Users? Research…
Day: March 1, 2022
ADAPad, BSCPad, ETHPad, VelasPad, PulsePad Launchpads – Sponsored Bitcoin News
sponsored While cryptocurrency and blockchain technology is still relatively new, they have been rapidly growing, with companies taking advantage of this new, innovative, and disruptive technology that is reshaping many industries, namely the financial sector. The lending industry is currently a multi-billion dollar industry, with loans being provided by banks and other financial institutions to individuals and businesses alike; nevertheless, it’s been plagued by trust and transparency issues. The decentralized nature of blockchain technology has led to the rise of a new generation of financing platforms like ADALend, aiming to…
Ukraine Adds to Fed Chair's List of Worries Before His Congressional Testimony
Jerome Powell is facing questions from lawmakers on Wednesday and Thursday for his semiannual monetary policy update to U.S. lawmakers. Source
At Least $14M Out of $26M in Donated Crypto to Ukraine Already Disbursed
Pragmatically speaking, crypto has worked to fill a gap – like in quickly raising funds for Ukrainians. And it works because it’s fast, and in some respects, better than the alternative. “If you want to send money to Ukraine, to any government body, you have to do it via SWIFT, and SWIFT takes time. It’s not instant,” he said. Source
Marathon Digital’s Q4 Revenue Rises 17% From Q3, but Misses Estimates Slightly
Marathon Digital (MARA), one of the largest publicly traded bitcoin miners in North America, reported fourth-quarter revenue of $60.3 million, an increase of 17% from the previous quarter but slightly below analysts’ average estimate of $60.9 million, according to FactSet data. Source
Rune’s upcoming mainnet launch and Terra (LUNA) integration set off a 74% rally
2021 was a roller coaster of a year for THORChain (RUNE), which saw its price top out at $20.31 only to come crashing down below $4 as a series of hacks and declining interest in decentralized finance had the token limping into 2022. Data suggests that investors could be taking a closer look at Rune and a few potentially bullish factors could include the protocol’s recent integration with the Terra and Cosmos ecosystem, an upcoming mainnet launch and the attractive yields offered to liquidity providers. RUNE/USDT 4-hour chart. Source: TradingView…
Bitcoin Decouples from Stocks Ahead of Seasonally Weak March
Historically, March tends to be a difficult month for bitcoin and equities. Analysts expect macroeconomic and geopolitical risks to linger, which could cause short-term volatility. At a later point, price action could stabilize as the probability of positive BTC returns increases over the next few months. Original
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Why Crypto Networks Should Preserve Russian Propaganda
There are sustained calls from influential people for deleting Russian propaganda. Jim Lewis, a cybersecurity expert at the Center for Strategic and International Studies, told Vox, “During the Cold War, we would never let Pravda publish in the United States.” Graham Brookie, a senior director at The Atlantic Council, said, “you have to mitigate online harms that make war worse for humans.” Others go further in calling for the expulsion of Russian students and employees from U.S. institutions. Source
Chainlink Adds Bahrain Telco to Roster of Big-Name Node Operators
CryptoX – Cryptocurrency Analysis and News Portal Bahrain’s central bank has been forward-thinking in its creation of a regulatory framework, making it an important hub in the region. For its part, stc Bahrain has introduced financial services and insurance and is venturing into content aggregation and gaming, not to mention kicking the tires of blockchain, according to Saad Odeh, stc Bahrain’s chief wholesale officer. Source The post Chainlink Adds Bahrain Telco to Roster of Big-Name Node Operators appeared first on CryptoX. CryptoX Portal