Month: May 2022

This Analyst Believes Ethereum May Lose 80% Of Its Value

boss

According to a recent Bloomberg article, John Roque of 22V research believes that Ethereum might fall to $420, a loss of 80% from its present price, and here’s why. Ethereum May Fall 80% The trader believes Ethereum, which is presently trading at $2,000, is about to break through the support zone and will most likely fall below $420. Roque drew attention to a price range in which $3,580 is the top and $2,000 is the bottom. With Ether falling below $2,000, it is no longer within the previously specified range…

Ethereum analytics firm Nansen acquires DeFi tracker Ape Board

boss

Major Ethereum blockchain analytics platform Nansen continues scaling its operations by acquiring a cross-chain decentralized finance (DeFi) tracker. Nansen has acquired the multi-chain portfolio tracker Ape Board in an eight-figure deal, the firm announced to Cointelegraph on Tuesday. Closing later in May, the acquisition will unite the teams of the two platforms, aiming to combine Nansen’s analytics and Ape Board’s portfolio tracking to provide an all-in-one information service. As part of the acquisition, 13 employees at Ape Board will join Nansen’s team counting 120 analysts, product managers and engineers to…

Should YOU Invest in Cryptocurrency 2021? What is Cryptocurrency-Bitcoin Ethereum Dogecoin explained

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video we look at whether you should invest in cryptocurrency? Before we get into that, we dive into what cryptocurrency is. We talk about many important things about it including how it is used as well as how to store it. We talk about digital wallets and apps that can be used for storing cryptocurrency. We talk about the uses of cryptocurrency as well as the top 3 most popular cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin. Then we look at…

Nansen Acquires DeFi Portfolio Tracker Ape Board for More Than $10M

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. 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…

Terra Community Plans to Vote on Forking the Chain — Launch May Airdrop a Billion New Tokens to Network Participants – Bitcoin News

boss

Following the aftermath of Terra’s UST implosion, the blockchain project’s founder Do Kwon has been actively discussing the Terra ecosystem revival plans and one specific proposal will be voted on May 18. The plan is to fork the blockchain into a new chain that does not include an algorithmic stablecoin, and the newly minted tokens from the network will be airdropped to Terra ecosystem participants and holders. Terra Community Members Plan to Vote on a Fork Proposal to Revive the Broken Project Last week the Terra blockchain ecosystem was obliterated…

Robinhood Plans ‘Web 3’ Crypto Wallet for DeFi Traders, NFT Buyers

Robinhood’s upcoming wallet – it begins testing in the summer, with a waitlist now open – is slated for direct competition with Coinbase’s own offering, with expanded features announced Monday. Both investing giants are making it easier for their crypto-trading customers to actually deploy assets into DeFi without leaving their wallet ecosystems. Doing so could end up goosing DeFi protocols with a raft of new users. Source

New Crypto Native Firm Fortis Digital Raising $100M Fund

The firm was founded by the managing partners of Fortis Financial Group, a Seattle-based registered investment advisor with about $250 million in assets under management. The Forits Digital team includes Mike Boroughs, who headed wealth management at Fortis Financial, and Chris Capriccio, who previously served as the vice president of engineering at LegalZoom. Source

Bitcoin DROPPING! How Low Can Bitcoin Go? (WORSE CASE SCENARIO) | 4 Crypto Trends EXPLODE in 2022!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Sign-up for Choice & receive $50 in free bitcoin 👉 Bitcoin 2022 in Miami 👉 💥 💥 💥 Use code “ALTCOINDAILY” for 10% off! 💥 💥 💥 Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Introduction (Watch the whole video!) 0:33 – Bitcoin at CRITICAL Price Zone 1:30 – How Much Lower Can Bitcoin Go? 2:24 – Worse Case Scenario is… 3:27 – Bitcoin will…