Day: June 7, 2022

IOVLabs’ “Everyday DeFi” Aims To Onboard The First Billion Users To Bitcoin DeFi

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The security of Bitcoin’s network, paired with smart contracts, paves an exciting future for decentralized finance. IOVLabs, with the help of Rootstock technology, will bring Everyday DeFi to a global audience. Onboarding the first billion users is the primary objective. The Promise of Everyday DeFi It sounds very appealing to see more decentralized finance opportunities for everyone. Despite the industry’s popularity, it primarily caters to existing cryptocurrency users and holders, whereas the rest remains a bit left out. That is unfortunate, as over a billion people are still unbanked or…

Ethereum Fails Near Key Resistance, Why $1,700 Is The Key

Ethereum struggled to clear the key $1,920 resistance against the US Dollar. ETH declined sharply and now testing the main $1,700 support zone. Ethereum failed to surpass the main $1,920 resistance zone. The price is now trading below $1,800 and the 100 hourly simple moving average. There was a break below a major bullish trend line with support near $1,800 on the hourly chart of ETH/USD (data feed via Kraken). The pair might decline heavily if there is a clear move below the $1,700 support zone. Ethereum Price Trims Gains…

Aave Broke Past Crucial Resistance, Which Way Is It Headed Now?

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Aave managed to break past its crucial resistance of $104 over the last 24 hours. As the market demonstrated strength, altcoins across the industry attempted to move north. Bitcoin climbed above the $30,000 price level and this extended gains across the altcoin market. At the time of writing, Aave was still quite close to the $104 price level which now acts as a support. The bulls need to amplify in order for the bearish thesis to be invalidated. Over the last week, Aave gained about 10% on its chart. A…

Europe More Likely to Head Into Recession Than US – Regulation Bitcoin News

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Citigroup CEO Jane Fraser warns that a recession is more likely in Europe than in the U.S. Nonetheless, she stressed that it is not easy for the U.S. to avoid a recession. Citigroup’s CEO on Global Recession Citigroup CEO Jane Fraser warned about the health of the global economy Friday, Reuters reported. Citi is the third-largest and most globally-focused U.S. bank. Speaking at an investor conference in New York, she talked about how “the three Rs” are affecting the global economy, stating: “It’s rates, it’s Russia, and it’s recession.” Fraser…

GET READY FOR THIS BITCOIN MOVE!! Bitcoin News Today, Bitcoin Price Prediction, Bitcoin Crash (BTC)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io GET READY FOR THIS BITCOIN MOVE!! Bitcoin News Today, Bitcoin Price Prediction, Bitcoin Crash (BTC) Welcome back to the Crypto World! In this video I reveal my next Bitcoin Price Targets and my Bitcoin Strategy (Bitcoin Trading for Beginners)! Is Bitcoin the best crypto to buy now? Comment below! And leave a LIKE and SUBSCRIBE for more videos like this! 🚨 Learn Technical Analysis Here 👉 👈 ► I trade on Bybit 👉 👈 (NEW $4,050 BONUS)* 🔥 Register with my link…

Solana developers tackle bugs hoping to prevent further outages

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Developers have fixed the runtime bug that caused the latest outage of the Solana network on June 1. According to a report published by Solana Labs on June 5, Solana’s fifth outage of 2022 was caused by a bug in the “durable nonce transactions feature” which caused the network to stop producing blocks for roughly four and half hours. “The durable nonce transaction feature was disabled in releases v1.9.28/v1.10.23 to prevent the network from halting if the same situation were to arise again.” “Durable nonce transactions will not process until…

Bitcoin Turns Bearish, Risk of Drop Below $29K

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Bitcoin failed to continue higher above $31,750 against the US Dollar. BTC declined sharply and traded below the $30,000 support zone. Bitcoin started a fresh decline from the $31,750 region. The price is now trading below the $30,000 level and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $30,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move down towards $28,500 or even $28,000. Bitcoin Price Dives 6% Bitcoin price…

Büyüteç: Bitcoin ve blockchain nedir? | "Kripto paralar kolay yoldan köşeyi dönme aracı değil"

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin ile başlayan macera, kripto para denen yeni bir dijital ekonomi ve finans sistemini doğurdu. Türkiye’de de kripto para alım satımı büyük bir ivmeyle artıyor. Herkes kripto para satın alarak köşeyi dönme derdinde. Elon Musk bile kripto para alıyorken biz niye almayalım, değil mi? Peki Bitcoin ve diğer kripto paralar nedir, nasıl çalışır; satın alırken kime ne kadar güvenmeliyiz? Büyüteç altına aldığımız Bitcoin analizi ile bu sorulara bir bakalım. Akademisyen İsmail Hakkı Polat “Bitcoin bir para anayasasıdır, merkezsiz bir para işleyişidir” diyor.…

Two more spot crypto ETFs launch on Australian markets

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A further two cryptocurrency-backed exchange-traded funds (ETF) have launched on the Cboe Australia exchange on Monday, bringing the total amount of crypto ETFs available to Australian traders to six. The Canada-based 3iQ Digital Asset Management launched two spot ETFs, the 3iQ CoinShares Bitcoin (BTC) Feeder ETF and the 3iQ CoinShares Ether (ETH) Feeder ETF. Both of the Australian funds feed from the firm’s Canadian ETFs listed on the Toronto Stock Exchange (TSX), the 3iQ CoinShares Bitcoin ETF, and the 3iQ CoinShares Ether ETF. The underlying assets of the Canadian ETFs are holdings of…