The cryptocurrency remains in a tight intraday range, with a midpoint at $30,100. That’s where the most trading volume occurred over the past two weeks. For now, BTC’s price could continue to revert to that midpoint level until a decisive breakout or breakdown is confirmed. Original
The Graph announced it will urge developers to migrate to its Etheruem-based indexer network as it shuts down its centralized service by early 2023. Source
The United States Commodity Futures Trading Commission (CFTC) filed suit against Gemini Trust Co. in the U.S. Southern District Court of New York on Thursday. The CFTC claimed in the civil suit that Gemini made false or misleading statements to the CFTC in 2017 during in-person meetings and in documents, violating the Commodity Exchange Act and other regulations. The agency was making an evaluation of the potential self-certification of a Bitcoin (BTC) futures contract to be based on the spot Bitcoin price determined by an auction held on Gemini’s digital…
The Tron blockchain saw a sharp rise following the public release of $USDD, the project’s new algorithmic stablecoin. Tron boasts a massive +41.68% increase this month, with a +13.30% rise over the past week. This massive increase has seen Tron become the third-largest blockchain in terms of total value locked (TVL). Only two other chains lead Tron in terms of TVL, the popular Binance’s BNB Chain and Ethereum. BNB Chain has about $8.8 billion in TVL at a 7.95% share, with Ethereum having $71.22 billion at a 64.27% dominance by…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CURSO DOMINANDO O MERCADO FUTUROS: CUPOM: 60OFF 60% DE DESCONTO CANAL DE CORTES DA LIVE: CURSO ANÁLISE DE SENTIMENTO CRIPTO: CUPOM: DINO50 50% DE DESCONTO HYBLOCKCAPITAL: SEJA MEMBRO AGORA MESMO: SALA DE SINAIS NA PROMOÇÃO : FAÇA SUA CONTA NA FTX: FAÇA SUA CONTA NA BINANCE: FAÇA SUA CONTA NA GATE.IO : FAÇA SUA CONTA NA KUCOIN: #bitcoin #análisebitcoin #bitcoinhoje grupo do telegram: LEMBRANDO QUE TODO CONTEÚDO SE TRATA DE ANÁLISE TECNICA E NÃO É UMA RECOMENDAÇÃO DE INVESTIMENTO, PORTANTO SUAS DECISÕES…
The ethos of crypto is “power to the people.” That’s usually just theoretical. Abstract. Here, in this one (big green) corner of the world it’s actually happening. There’s now less overhead. Less red tape. Easier applications. More community building. Most importantly, nonprofits are truly controlling where the money goes, something that, as Musk puts it, has “never, ever, ever, ever, ever, ever, ever been done.” Source
Twenty-three agonizing days have passed since Bitcoin (BTC) last closed above $32,000 and the 10% rally that took place on May 29 and 30 is currently evaporating as BTC price retraces toward $30,000. The move back to $30,000 simply confirms the strong correlation to traditional assets and in the same period, the S&P 500 also retreated 0.6%. Bitcoin/USD 12-hour price at Kraken. Source: TradingView Weaker corporate profits could pressure the stock market due to rising inflation and the upcoming U.S. Federal Reserve interest rate hikes, according to Citi strategist Jamie…
Dework, a startup that aims to be a combination of Trello and LinkedIn for Web3, raised $5 million in a seed funding round co-led by crypto investing giant Paradigm and early-stage venture capital firm Pace Capital. According to the founder and CEO of Dework, Lonis Hamaili, “The fresh capital will help Dework expand from its current three-person core team and several contributors.” In a draft blog post provided to CoinDesk, it explains the mission of the Web3 platform: “Dework is a Web 3-native collaboration tool where decentralized autonomous…
Data shows that staked ether and ether traded at parity up until May 7, when Terra’s stablecoin, UST, started to wobble from its $1 peg. Since then, stETH has been unable to recover to the full ETH price. On May 12, when UST dropped to 7 cents, stETH-ETH exchange ratio fell to as low as 0.955, and ever since then, staked ether has traded at a discount of 2-3%. Original Source CollapseCrunchCryptodiscountEtherLiquiditySignStakedTerra CryptoX Portal
As the crypto market has taken a turn for the worse, institutional investors are phasing out their investments in Ethereum. The digital asset had been the victim of multiple outflows that had tanked its total AuM (Assets under management) and this trend has continued this week. Instead of moving to a larger competitor, Bitcoin, institutional investors are now moving to networks that are in direct competition with Ethereum. Big Money Leaves Ethereum To Algorand Algorand is one of the leading competitors of Ethereum which has been making waves in the…