Month: March 2022

BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE

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The speculation regarding the U.S. Federal Reserve’s tightening cycle and recent geopolitical developments may have resulted in panic selling by short-term traders. Analysis from Glassnode suggested that traders who had purchased Bitcoin (BTC) near the November 2021 high liquidated their positions in the past two and half months. This supply was absorbed by high conviction investors, which resulted in a redistribution from weak hands to strong hands. The crypto market, due to its resilience, continues to attract erstwhile naysayers to its fold. The latest popular figure to have a change…

Radio Caca wants to ‘return the Metaverse to people’ by partnering with university students

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Radio Caca (RACA) is a decentralized autonomous organization, or DAO, that has partnered with top global universities to build a metaverse for students to study and play. Its blockchain ecosystem, powered by its native token RACA, consists of the United States of Mars (USM) metaverse, a nonfungible token, or NFT, marketplace and a play-to-earn, or P2E, game called Metamon. Cointelegraph spoke to the RACA team about its plans for user growth within the DeFi, NFT and P2E game spaces. At the time of publication, RACA ranked among the top 20…

Polymer’s $3.6M in Seed Funding Says IBC Is the Future of Crypto

Polymer is still in its early days and does not yet have a token, but development will eventually be governed by PolymerDAO, a decentralized autonomous organization that will allow token-holders to vote on proposals determining the future of the protocol. According to a press release from the company, PolymerDAO will be the first DAO focused on IBC infrastructure. Source

Lawmakers Raise Alarm on Crypto for Sanctions Evasion as Experts Cast Doubt

Still, lawmakers want assurances from Yellen that the Office of Foreign Assets Control (OFAC), which enforces U.S. sanctions rules, will be able to maintain the blocks against Russian banks and oligarchs. Wednesday’s letter asked Yellen and OFAC to provide responses to five questions about the agency’s work, including whether decentralized finance (DeFi) arrangements could help malicious actors bypass sanctions. Source

Bitcoin Taker Buy/Sell Volume Shows “Buy” Signal As BTC Gears Up For Rally

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On-chain data shows the Bitcoin taker buy/sell volume is now showing a “buy” signal as the crypto looks to be gearing up for a new rally. Bitcoin Taker Buy/Sell Volume Says Now May Be The Time To Buy As pointed out by an analyst in a CryptoQuant post, the BTC taker buy volume recently reached a value that has historically been a green signal for the crypto. The “taker buy volume” is an indicator that measures the long volume of Bitcoin on derivatives exchanges. The metric works by checking orders…

Decentralising Bitcoin Mining with Whit Gibbs

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io SHOW NOTES: In this interview, I talk to the Founder and CEO of Compass Mining, Whit Gibbs, about their rapid success, the associated growing pains they’re overcoming, and the technical details of connecting retail mining with physical hardware and power markets. THIS EPISODE’S SPONSORS: Gemini – BlockFi – Sportsbet.io – Casa – Exodus – Ledger – Compass Mining – TIMESTAMPS: 00:00:00 Introduction 00:11:58 Bring mining to the masses 00:22:00 Growing Pains 00:29:47 Moving to a Bitcoin standard 00:39:43 Mining with nuclear? 00:47:33…

Technical Analysis:  Fantom Climbs Close to 10% Higher, While THETA Drops on Wednesday – Market Updates Bitcoin News

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Fantom was trading by almost 10% higher during Wednesday’s session, as the crypto market was marginally up. Despite this, there were a few notable bears, THETA being one of them and was down by as much as 5% earlier in the session. Biggest Gainers Fantom was one of Wednesday’s biggest bulls, and was up close to 10% earlier in today’s session, cementing its place as the world’s 30th largest cryptocurrency. Today’s rally in FTM/USD came as prices rose from the long-term support of $1.51, and look set to move towards…