Day: May 6, 2022

WAVES Drops 17% as NEAR, SOL, and AVAX Also Take Double-Digit Hits on Friday – Market Updates Bitcoin News

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WAVES dropped by as much as 17% in today’s session, as crypto markets as a whole traded mostly in the red. SOL and NEAR were two notable tokens to fall in today’s session, with AVAX also falling by double digits today. WAVES WAVES dropped for a second consecutive session, as prices moved towards the long-term support level on Friday. Following yesterday’s false breakout of the $16.70 resistance level, WAVES/USD slipped to an intraday low of $12.90 earlier in the day. This drop sees prices over 17% lower than Thursday’s peak,…

ABD HAZINE BAKANI AÇIKLAMA YAPTI ! | BITCOIN LEHINE ÖNEMLİ GELİŞMELER | ALTCOINLER NE OLACAK ?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin ve altcoinlerde bu akşam US100 verisinden sonra neler gerçekleşecek onları konuştuk. Kripto paralarda yatırım yapıyorsanız ve hala bu kanalı takip etmediyseniz hızlıca abone ol butonuna tıklayarak Coin Akademi’nin bir parçası olabilirsiniz. “Başkan Biden’in yürütme emri kurumları dijital varlıkların sorumlu gelişimini ve sundukları risklerle dengelemek için derinlemesine analiz yapmakla görevlendirdi. Bu görevler altı politika hedefi tarafından yönlendirilecektir: birincisi, tüketicileri, yatırımcıları ve işletmeleri korumak ikincisi, finansal istikrarı sistemik riskten korumak üçüncüsü, ulusal güvenlik risklerini azaltmak dördüncüsü, ABD liderliğini ve ekonomik rekabet gücünü teşvik…

$1.7 Billion in NFT Sales Fueled by Otherdeed Trades — NFT Volume Jumps 74% Higher Than Last Week – Bitcoin News

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With the help of the Bored Ape Yacht Club’s Otherside land sale, non-fungible token (NFT) sales have increased a great deal this week. NFT sales increased 74.77% during the last seven days, capturing $1.71 billion in sales volume among 266,918 traders. 7-Day NFT Sales Volume Jumps 74% to $1.71 Billion, Otherdeed NFT Collection Captures $787 Million in Global Sales NFTs have done well this week as far as sales are concerned, and across 1,075,588 transactions during the last seven days, $1.71 billion in sales volume has been recorded. The sales…

Bitcoin switch to proof-of-stake remains unlikely

Bitcoin (BTC), the original cryptocurrency that started it all and even today continues to drive the market sentiments, has faced numerous challenges along the way. The latest challenge seems to be around its mining consensus, proof-of-work (PoW) and its consequent impact on the environment. Bitcoin network’s high energy consumption was one of the hottest topics last year, with the likes of Elon Musk fueling the sentiment that BTC in its current form is bad for the environment. Luckily enough, the mining companies for some time have been exploring the use…

Ethereum hits 3-week high vs. Bitcoin amid Fed-led market rout

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Ethereum’s native token Ether (ETH) tumbled to its worst levels in almost two months against the U.S. dollar on May 6 as the rout in financial markets rippled across the cryptocurrency sector. Nonetheless, ETH did fare better than Bitcoin (BTC) with the ETH/BTC pair hitting a three-week high. ETH/BTC daily price chart. Source: TradingView The Merge impact Many analysts credited Ethereum’s merge to proof-of-stake from proof-of-work as one of the key reasons behind the capital rotation from Ether to Bitcoin markets, including Toast.ETH, a pseudonymous analyst who underscored Ether’s ongoing supply…