Tag: Token

Kucoin Token Struggles To Hold Key Support at $8, How Low Can It Go?

The price of Kucoin Token (KCS) has struggled to hold its key support against Tether (USDT) in recent times after showing a great recovery bounce as it cracks double-digit gains. Bitcoin (BTC) being rejected from a high of $25,200 to a region of $20,000 in the past few days has negatively affected the price of other altcoins, including Kucoin Token (KCS). (Data from Kucoin) Kucoin Token (KCS) Price Analysis On The Weekly Chartย  Weekly KCS Price Chart | Source: KCSUSDT On Tradingview.com From the chart, the price of KCS had…

Coinbase Launches Wrapped Ethereum Liquid Staking Token Ahead of The Merge โ€“ Bitcoin News

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The cryptocurrency exchange Coinbase has introduced a new liquid staking ethereum derivative token ahead of Ethereumโ€™s proof-of-stake (PoS) upgrade. The new ERC20 utility token is called coinbase wrapped ethereum, or CBETH, and it will allow people to stake their ether in a non-custodial fashion or trade the tokens on the open market. Coinbase Reveals CBETH Liquid Staking Solution On August 24, Coinbase Global (Nasdaq: COIN) announced the launch of a new ERC20 token called coinbase wrapped ethereum (CBETH) roughly two weeks before the highly anticipated Ethereum upgrade known as The…

Crypto Exchange Coinbase Introduces Liquid Staking Token Before Ethereum Merge

Coinbase is hoping to spur massive adoption of the token, which will have several uses, after the Merge. โ€œOur hope is that cbETH will achieve robust adoption for trade, transfer, and use in DeFi [decentralized finance] applications,โ€ according to the whitepaper. โ€œWith cbETH, Coinbase aims to contribute to the broader crypto ecosystem through creating high-utility wrapped tokens and open sourcing smart contracts,โ€ the whitepaper added. Source

Also-Ran EOS Token Now Hottest Cryptocurrency After Switch to Antelope

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โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Cryptocurrency Introduction in Sinhala. Join Binance: // THESE ARE NOT FINANCIAL ADVICE AND I AM NOT A FINANCIAL ADVISOR. ONLY INVEST WHAT YOU CAN AFFORD TO LOSE. It is illegal to convert LKR to any other currency without being given permission from a regulatory institute in Sri Lanka. Therefore only do these If only you earn USD or any other foreign currency. // Introduction to crypto, bitcoin, and other altcoins. โœ”๏ธ My VLOGS Channel: ๐Ÿฅจ เถธเถœเทš เทƒเถบเท’เถงเทŠ เถ‘เถš : | | ๐Ÿ“น…

Ethereum Price Slides As Staked Token Reaches New ATH Ahead Of Hyped Merge

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Despite changes in the assetโ€™s price, Ethereum is steadily adding to the ETH 2.0 staking contract. According to the development team, this occurs about a month before the Merge is scheduled to occur. Ethereum Staked Token Hit New ATH According to Dune Analytics data, more over 13.2 million ETH have been deposited to the staking contract, however there are only about 80,000 unique depositors. ETH Staked on ETH 2.0 Contract. Source: Delphi Digital The graph above shows how ETHโ€™s amount locked in the staking contract has gradually increased and reached…

Another Stablecoin Fluctuates Wildly as HUSD Slips Below USD Peg to $0.82 per Token โ€“ Bitcoin News

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The stablecoin HUSD, originally associated with the crypto exchange Huobi Global, lost its peg with the U.S. dollar on Wednesday, August 17, and it dropped even lower in value the following day on Thursday, August 18. On Thursday, Huobi addressed the public on Twitter and the exchange said โ€œwe are aware of the current liquidity issues associated with the HUSD stablecoin.โ€ Market data shows HUSD slid to a low of $0.827 per unit on Thursday. 22nd Largest Stablecoin HUSD Depegs From USD Parity After the AUSD incident four days ago…

Ahead Of Vasil Hard Fork, Cardano Metaverse Project Cardalonia Shows Huge Potential As The $LONIA Token Demand Surges

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As the Cardano Blockchain prepares for the upcoming Vasil hard fork combinator which would be set to go live on the Cardano mainnet in few weeks. The network upgrade would bring unique features like stable coins, greater scalability and throughput on the Cardano blockchain. Cardalonia, The Next Big Metaverse Thing On Cardano? $ADA, the Cardano native token has shown growth in the past few weeks, followed closely by Cardalonia, a metaverse play-to-earn project being developed on the Cardano Ecosystem. The $LONIA token has similarly shown huge demand in the past…