Month: May 2022

2 key Ethereum price metrics suggest traders will struggle to hold the $2K support level

boss

Ether (ETH) price has been trying to establish an ascending channel since the May 12 market-wide crash that sent its price to $1,790. Currently, the altcoin’s support stands at $2,000, but the high correlation to traditional markets is causing traders to be highly skeptical s cryptocurrency market recovery.  Ether/USD 4-hour price at Bitstamp. Source: TradingView To date, the Federal Reserve continues to dictate the markets’ performance and uncertainty has been the prevailing sentiment because the central banks of major economies are trying to tame inflation. Considering that the correlation between…

Sneakmart Brings Its Web3-oriented Metakicks NFTs To Market In June 2022

boss

Various Metaverse and NFT initiatives aim to blur the line between the virtual and physical worlds. Sneakmart and its Metakicks NFT drops offer something virtual for sneaker collectors, with a chance to win physical items. The team works together with StockX and top-rated football stars and artists to tokenize limited-edition footwear. Metakicks Are Coming This June The Sneakmart team has built a strong reputation through its community-driven mobile app for streetwear enthusiasts. Moreover, they see merit n the NFT phenomenon and how it can prove beneficial to the $6 billion…

Let Terra Die

Those victims are understandably interested in plans to rebuild Terra, and, one hopes, to regain the value of the effectively worthless tokens they are left holding. Kwon’s blockchain was built around a stablecoin, UST, and a related free-floating cryptocurrency, LUNA, meant to keep the stablecoin algorithmically pegged at $1. Source

Russia’s First Digital Financial Assets Expected This Year, Lawmaker Says – Finance Bitcoin News

boss

The first digital financial assets based on Russian blockchains may be issued as early as this year, a high-ranking parliamentarian announced. Three platforms are already registered as issuers, said Anatoly Aksakov, who chairs the Financial Market Committee at the State Duma, the lower house of Russian parliament. Russian Digital Financial Assets Likely to Appear by Year’s End Authorized Russian blockchain platforms may issue their first digital financial assets (DFAs) by the end of 2022, according to the head of the parliamentary committee overseeing Russia’s financial sector, Anatoly Aksakov. Speaking during…

ATOM Remains Close to 1-Year Lows, as DOT Declines 8% – Market Updates Bitcoin News

boss

ATOM moved closer towards a one-year low on Wednesday, as prices dropped by nearly 10%. This came as DOT also declined during today’s trading session, when global crypto markets fell by over 3% as of writing. Cosmos (ATOM) On Wednesday, ATOM was one of the biggest movers in the session, as it fell by nearly 3% lower during hump-day. ATOM/USD slipped to an intraday low of $10.47 during today’s stretch, which came following a peak of $11.73 on Tuesday. This bottom saw prices move towards their long-term support level of…

The Evolution of Gaming and Its Integration into the Crypto Universe

boss

From arcade systems to home consoles and mobile apps, gaming has made its way into the lives of billions across the world. As a result, gaming is a popular activity for many in the modern age and remains one of the globe’s most profitable industries. The first recognized example of a gaming machine debuted at the 1940 New York World’s Fair and was based on the ancient game of Nim. Played by about 50,000 people, the computer won more than 90% of the time. In the mid-20th century, gaming was…

Crypto giants co-launch Chainabuse platform to water down rising scams

Seven major crypto companies — Binance.US, Circle, Solana Foundation, The Aave Companies, Hedera, TRM Labs and Civic — joined hands to launch a community-driven scam reporting tool. Named Chainabuse, the tool aims to enable crypto users to issue warnings and discuss ongoing fraudulent activity such as scams and hacks in real-time.  Launched on Wednesday, the Chainabuse platform aims to counter the ongoing scams plaguing the crypto ecosystem. On May 4, Cointelegraph warned the community about the rise in Ape-themed airdrop phishing scams. Chainabuse serves as a one-stop-shop platform for crypto…

Bitcoin Era Justin Trudeau ✈️Canada Investment for Your Future

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin Era Justin Trudeau ✈️Canada Investment for Your Future RECOMMENDATION HERE 👇 (BITCOIN ERA OFFICIAL SITE) Ready to Grow Your Crypto Investment? 👇 Buy Crypto Now or Lose Big ============================= #bitcoinera #bitcoineracanada bitcoin era Canada review Is “Bitcoin Era Canada” a Scam? – Do you have concerns about the security of your financial information? Justin Trudeau, the Prime Minister of Canada during the Bitcoin Era, is the solution. This ground-breaking trading platform allows you to trade BTC using a sophisticated web-based program…

Bitcoin Miner Argo Blockchain Emerged Unscathed From Its UST Stake

Argo was able to sell its UST positions at 93 cents per token before the price fully collapsed, according to Wall. Most recently, UST was still trading around 10 cents according to CoinDesk’s price index. “Looking back [selling at that level] was a very good move given last time I checked it was trading around 12 cents,” Wall said during the call. “Overall, on a net basis, in the Terra ecosystem, we nearly broke even on our positions, after taking into consideration the yield that we generated through our holdings,”…