Relwyn said the treasury operations team “agrees” with community members’ bullishness, but cautioned the protocol can’t just YOLO everything into ETH without incurring a hearty dose of risk. Number may go up right now, but “number can go down, too,” said Relwyn, Source
Tag: Token
Elon Musk’s Tweet Pushes Aptos Token (APT) Price to New Highs
Soon after Elon Musk’s tweet, the Aptos token clocked a total trading volume of $460 million. On the technical chart, APT has formed a bullish pattern and could rally even further. In an interesting development, the Aptos token (APT) got an unexpected boost from the world’s second-richest man Elon Musk. In one of his cryptic tweets, which he deleted later, Elon Musk mentioned ‘AI’ and ‘APT’ spurring massive interest from the crypto community. This was enough to catapult the Aptos (APT) token price to jump more than 10% hitting a…
Yearn's Staked Ether Token yETH Gets Mixed Results on Govenance Poll
The non-binding poll seeks to do a temperature check of sentiment toward launching yETH. Source
Solana Dog Token Darling Bonk Inu Releases BonkSwap DEX
“In the coming months we will integrate incredible, rewarding Bonk-powered games, add innovative trading features like options, and perpetual futures powered by HxroNetwork, and expand liquidity to make trading Bonk easier than any other token in Solana,” Bonkswap developers tweeted. Source
Ethereum Shanghai Upgrade Will Be a ‘Game Changer’ for ETH Token Holders, RockX CEO Says
“We do think this is actually a game changer,” Chen told CoinDesk TV’s “First Mover” on Wednesday about the network’s Shanghai (or Shapella) upgrade. “If you think about it, this is the first time that Ethereum has a long-term, market-risk-free yield curve that can actually go for a long run.” Source
Crypto Exchange FTX Could Reopen, Its Attorney Says; Firm’s FTT Token Surges
CryptoX – Cryptocurrency Analysis and News Portal However, the attorney stressed that the possibility of re-starting FTX is one of many, and any decisions are far from final.”There are as many opinions on this, I think, as there are professionals involved in this case,” Dietderich said. “And that’s a lot.” Source The post Crypto Exchange FTX Could Reopen, Its Attorney Says; Firm’s FTT Token Surges appeared first on CryptoX. CryptoX Portal
‘Bitcoin is a gambling token, and it doesn’t have any intrinsic value’ — Warren Buffett
Warren Buffett once again took up his familiar role as conductor of the FUD train in yet another anti-cryptocurrency interview with CNBC’s Squawk Box on April 12. “We’ve had an explosion of gambling,” the magnate told CNBC by way of describing the cryptocurrency market. He then added, “I like to bet on a football game if I’m sitting and watching — it makes it more interesting. But I don’t think I want to make a living trying to bet against the house.” This represents somewhat of a softening of Buffett’s…
TRON Token TRX Slides 6% following Binance.US Delisting Announcement
In its delisting announcement, Binance.US said it would remove TRON’s TRX from its trading platform on April 18th. TRON‘s native TRX coin recently shed 6.4% following delisting from Binance.US amid a regulatory lawsuit against founder Justin Sun. Weeks ago, the Securities and Exchange Commission (SEC) sued Sun over allegations that he sold and airdropped unregistered securities. The regulatory agency also accuses the popular crypto entrepreneur of fraud and market manipulation involving the TRX coin. Binance.US followed up the TRX delisting announcement with a statement that read: “We periodically review each digital asset we list to ensure that…
Tron’s TRX Down 6% as Binance.US Delists Token
“We operate in a rapidly evolving industry and our digital asset monitoring process is designed to be responsive to market and regulatory developments. When a digital asset no longer meets our high standards, or industry circumstances change, we conduct a more in-depth review of the affected asset and assess whether further action is necessary,” Binance.US said on its page announcing the delisting. Source
Lending Platform Maple Prepares New U.S. Treasury Pool; MPL Token Rises 23%
Maple is also working on additions to its lending offerings, Powell said during the call. A new feature, internally referred to as Maple Prime, will let borrowers actively manage their collateral positions. The protocol plans to expand into open-term lending, which will let borrowers to open credit lines to borrow without a maturity date. Source