Month: March 2022

AVAX, RUNE up Over 10%, as CAKE Surges 20% on Thursday – Market Updates Bitcoin News

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AVAX was once again higher on Thursday, rising for its fourth consecutive session, as it further cements itself in the crypto top ten. Although RUNE was also trading by as much as 15% higher, it was CAKE that led Thursday’s gainers. Pancakeswap (CAKE) Pancakeswap (CAKE) rose to its highest level in almost four weeks on Thursday, as it moved away from its recent lows. Following a bottom of $5.37 on Wednesday, which was close to a one-year low, CAKE/USD climbed by as much as 21% today. CAKE rallied to an…

What’s Bitcoin Role After End of Petrodollar System? Arthur Hayes Says

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Bitcoin could have a bigger role in the international board as superpowers compete for dominance over the financial system. The benchmark crypto has seen some relief in the last day, as the U.S. Federal Reserve (FED) tightens, and the shadow of war looms over Europe. Related Reading | Ethereum Spikes Above $2,700 After Fed Announcement, What Now? At the time of writing, Bitcoin trades at $40,700 with a 1% profit over the past day and a 3% loss in the past week. BTC moving sideways on the daily chart. Source:…

ETH derivatives show pro traders are worried about Ethereum’s $2.5K support

Ether (ETH) investors are having a rough time in 2022, with ETH accumulating 25% losses year-to-date as of March 17. Still, the cryptocurrency has bounced multiple times near $2,500 over the past couple of months, signaling a solid support level. Ether/USD price at FTX. Source: TradingView On March 15, Ethereum developer Tim Beiko announced that the Kiln testnet — formerly Ethereum 2.0 — successfully passed the Ethereum “Merge.” The process involves taking Ethereum’s Execution Layer from the existing proof-of-work layer and merging it with the Consensus Layer from the Beacon…

Web 3.0 Roadmap – Ruta de Aprendizaje Web 3 – Programación Blockchain para Principiantes

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Jack Dorsey’s Block joins $41M funding for Japanese fintech Kyash

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Kyash, a Tokyo-based digital wallet, announced a $41.2 million, or 4.9 billion yen, raise in a Series D round. Since launching in 2015, the cashless mobile app and corresponding credit card have grown its total funding to an estimated $108 million, or 12.8 billion yen.  Both global investors and Japanese banks joined the round, including Japan Post Investment Corporation, Jack Dorsey’s Block, which was formerly known as Square, as well as Altos Ventures Goodwater Capital and StepStone Group in the United States. Additional investment came from Greyhound Capital in the…

Overeality Announces Partnership & Exclusive NFTs with Football Star Vini Jr

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NFTs have seen a steady increase over the last few years, seeing trading volumes in quarter three of 2021 reach nearly $11 Billion. This year has seen just as much success for this new investment class, with an estimated 250,000 people trading NFTs each month on OpenSea. As the progression of NFTs presses forward, new use cases are found, bringing new utility and functionality to these tokens. One industry that has adopted NFTs is sports. With the popularity of sports, many new users flock to NFTs, bringing these once niche…

Ethereum Spikes Above $2,700 After Fed Announcement, What Now?

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Ethereum has moved above $2,700 following the Fed announcement yesterday. The highly anticipated meeting had been concluded, coming out that the Fed had increased interest rates by 0.25%. Ethereum has responded positively to the news and had rallied out of the slump it had been in since the last dip. Now the digital asset sits above $2,700 but it is still far from stable at this price point. What The Rally Did Ethereum’s rally on Wednesday was a welcome one, showing more bullish tendencies towards cryptocurrencies following the Fed’s decision.…