Day: March 23, 2022

The Weird Relationship Between Ethereum Price And Vitalik Buterin

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As Ethereum saw a 16% increase from a rally that took the coin to $3,000 on Monday, someone might have spotted an unusual link between Ether’s highs and times where the Ethereum Founder’s name, Vitalik Buterin, was trending on Google Searches worldwide. Ethereum And Google Trends “The last time Vitalik surged on Google Trends, $ETH pumped 2x from April-May,” a Twitter user noted while showing a recent surge of the founder’s name: The blue line represents searches of ‘Vitalik Buterin’ on Google and the red line represents ‘Vitalik’ To see…

Fed Chair Powell Says Crypto Needs New Regulation Citing Risks to US Financial System – Regulation Bitcoin News

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The chairman of the Federal Reserve, Jerome Powell, says crypto requires new regulation, citing that it presents risks to the U.S. financial system and could destabilize existing financial institutions. Fed Chair Powell Sees the Need for New Crypto Regulation Federal Reserve Chairman Jerome Powell talked about the need to establish new regulation for cryptocurrency Wednesday during a panel discussion on digital currencies organized by the Bank for International Settlements (BIS). Noting that new forms of digital money, including cryptocurrencies and stablecoins, will require new rules to protect consumers, the Fed…

Coinbase Stock – $415 Price Target (80% Upside!!)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Coinbase Stock – $415 Price Target (80% Upside!!) Citi Starts Coverage of Coinbase With $415 Price Target, Says ‘Buy Crypto’s General Store’ Citi initiated coverage of Coinbase (NASDAQ: COIN) Tuesday with a buy rating and $415 price target, saying the crypto exchange “offers investors direct exposure to increased retail and institutional adoption” of digital assets.. “For its position within the crypto value chain, a `networking-based’ business model and strategy, the undeniably very large opportunity set … yes, we believe COIN is investable,”…

Small Cap Altcoins Continue To March Ahead Of Bitcoin And Ether Gains

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Small cap altcoins have been one of the best performers in recent times. Even through the downtrend, these low market cap cryptocurrencies have returned better gains compared to their bigger counterparts like Bitcoin and Ethereum. They have carried this performance into another week as small cap altcoins show their profitability once more by being ahead while the rest of the market suffers. Small Cap Altcoins Stays In The Lead The previous week, small cap altcoins had been the only index returning profits while all others have been drowning in losses.…

US Senate to Consider Bill Examining El Salvador’s Bitcoin Experiment

“As El Salvador has adopted Bitcoin as legal tender, it’s important we understand and mitigate potential risks to the U.S. financial system,” Risch said in a statement on Wednesday, adding that the legislation would require the State and Treasury Departments, among other federal agencias, to mitigate risks such as potential empowerment of China and organized criminal organizations. Source

With Finance Bill Vote, India Continues to Reckon With the Growing Crypto Industry; Bitcoin, Ether Tread Water

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The largest cryptocurrency by market cap was recently holding above $42,400, roughly where it perched 24 hours ago. Ether, the second-largest crypto by market cap, was about as flat over the same period. Cardano’s ADA and Axie Infinity’s AXS were the stars of the day, each rising about 10%, respectively. Popular meme coins DOGE and SHIB were solidly in the green, as was SAND. Original

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Why QuickSwap Will Split Token After Community Vote, QUICK Rises 30%

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The QuickSwap community has decided to split the platform’s native token, QUICK. Reacting to the upside in the last hour and past 7-days, QUICK could see more upside as the Polygon-based decentralized exchange moves to increase its level of adoption. Related Reading | QuickSwap Asks The Community, To Split or Not to Split QUICK Token? At the time of writing, QuickSwap (QUICK) trades at $225 with a 2.6% and 31% profit in 24-hours and one week, respectively. QUICK has seen its largest profits, on low timeframes on March 19 and…

Riot Blockchain’s COO to Exit After One Year

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…

Decentralized Creator Platform Joystream Raises $5.8M

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