Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Kelexo (KLXO), is a recent market phenomenon that is attracting the attention of Polygon (MATIC) and Cosmos (ATOM) holders. We explore the market conditions of Polygon and Cosmos in this article, focusing on the current news and activities that might impact their price trajectory. We analyze its offerings and what its ongoing presale offers to these investors. Analysts project $1 for Polygon Polygon is one of the dominant layer-2…
Day: April 10, 2024
What Needs To Happen For New DOGE Highs?
The market intelligence platform IntoTheBlock has pointed out what may need to happen before Dogecoin can continue its uptrend and reach new highs. Dogecoin Has Notable On-Chain Resistance Near $0.20 In a new post on X, IntoTheBlock has discussed the recent trend in the price of DOGE and what it would take for the memecoin to register a new high for the year. According to the analytics firm, Dogecoin must solidly break above the level where on-chain resistance is currently the strongest. In on-chain analysis, a level’s potential to act…
Addressing Retail Dominance and Institutional Hurdles in the Options Market
The issue, here and in the development of many other crypto instruments, has always been market microstructure. Crypto began as a grassroots ideological experiment with buy-in from a very niche group of people who wanted to exchange an asset that had no certainty around it. As a result, the market microstructure that was designed to service it was self-serving, unguided, and naturally unregulated. Some of the infrastructural issues that exist today in crypto such as fragmented liquidity, no consensus around centralized pricing mechanisms, and supply/demand disparities from one trading platform…
XRP Heading To $100-$500? Analyst Provides Speculated Timeframes
Following an extended period of stasis, the price of XRP has suddenly begun to rise, fueling several bullish predictions regarding the altcoin’s direction from several cryptocurrency analysts. Bullish Timelines For XRP The most current positive forecasts came from cryptocurrency expert and XRP enthusiast BarriC, who has established multiple timelines for the digital asset to rise to unprecedented heights in the long term. Taking to the X (formerly Twiter) platform, BarriC voiced his opinions, noting that as time goes on, crypto investors might have fewer chances to purchase cheap XRP. According…
BTC Halving: Sell-The-News or Buy-The-Alt-Rotation
Contrasting Bitcoin derivatives with Ethereum’s tells us a story around the potential opportunity for a post-halving rotation. Source
Binance ‘Working Collaboratively’ With Nigerian Government to Free Detained Executive, Compliance Chief Says
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Crypto Derivatives Exchange Stream Trading Raises $1.5M in Seed Funding
Derivatives exchanges are a fixture of the on-chain landscape for speculating on token prices, with platforms such as dYdX and Vertex getting much of the attention and hundreds of millions of dollars in crypto deposits. In comparison, Stream, which emerged from beta testing just this week, has $5 million in total value locked. Source
Half of Solana Blockchain Pre-Sales Are Scams, Crypto Security Firm Blockaid Says
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Anticipation Builds as Bitcoin Stands Less Than 1,400 Blocks From Monumental Halving
According to the latest data, we are now less than 1,400 blocks away from the anticipated Bitcoin halving event, which will decrease the block reward from 6.25 bitcoin to 3.125 bitcoin. Bitcoin’s value soared to a new all-time high on March 14, reaching $73,794 per bitcoin, but has since seen a 6.5% decline. Observers are […] Original
Ripple-Owned Metaco Sees Most of Executives and Marketing Teams Depart: Source
Metaco, whose CEO Adriene Treccani and chief product officer Peter Demeo both recently departed, has now lost Angel Nunez, who was CTO and chief customer officer, according to a person familiar with the matter, who shared an internal email detailing some of the departures with CoinDesk. The head of sales, Craig Perrin, as well as marketing manager Mei Li Powell, head of product marketing, plus marketing officers Gene Peterson and Rahul Mudgal have also left the firm, according to the person Source