Bitcoin started a major increase above the $40,000 resistance against the US Dollar. BTC might correct lower, but downsides could be limited below $40,000. Bitcoin was able to clear the $40,000 resistance and entered a positive zone. The price is trading above $40,500 and the 100 hourly simple moving average. There is a key bullish…
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Peter Schiff is one of the most vocal bitcoin detractors known to investors. The economist has never been one to hide his disdain for the digital asset and continues to bash it at every chance he gets. This time around, Schiff who has always touted the superiority of other investment forms such as stocks above…
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According to a post on the MakerDAO Forum, the financial service protocol could replace its governance token MKR with a new token called stkMKR. The proposal was introduced to address the criticism around MKR’s tokenomics. Related Reading | Will Ethereum Give In To Bears? New MKR tokenomics could supplement and improve on previous benefits and…
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The safety of the DeFi and especially the FTM ecosystem is shaking as “Tomb Fork” projects seem to be the perfect place for scams to thrive. Even after some investigation, what might look like a safer project can still turn out to be a fraud. Recently, PulseDAO got rugged. Allegedly, their own dev turned against…
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In 2022, ethereum has been in a bearish trend. It has dropped 40% year to date, far more than the average cryptocurrency. ETH has a long history of being one of the best-performing cryptocurrencies. Since its introduction in 2016, it has largely outperformed Bitcoin, resulting in a narrowing of the market capitalization gap between the…
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On-chain data shows around 82% of the Bitcoin short-term holder supply is currently in loss, suggesting that capitulation may occur soon. 82% Of Bitcoin Short-Term Holder Supply Now In Loss, While Total STH Supply Declines According to the latest weekly report from Glassnode, the BTC STH supply is nearing all-time lows at the moment. However,…
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Bitcoin continues to move sideways as the week progresses. The benchmark cryptocurrency was pushed back from $40,000 levels and has been unable to bounce back to previous highs. However, BTC has been showing resilience as the traditional market seems to trend lower. Related Reading | Where Ethereum and Bitcoin Headed After Musk’s Tweet At the…
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Timechain continues to push the boundaries of institutional cryptocurrency adoption through a strategic partnership with the Fireblocks network. Institutional interest in cryptocurrencies has risen strongly throughout 2021 and early 2022. That growing demand for exposure creates opportunities for digital asset management and DeFi service providers like TimeChain. The Canadian firm provides various robust trading and…
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Dragon War, a turn-based strategy game built on the Solana blockchain, has revealed details about its highly-anticipated public sale. Between March 20 and 23, the project will list its native $DRAW token via three separate launchpads – Solanium, Red Kite and Starpunk. The sale will give investors the opportunity to purchase an asset (sale price:…
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The world wide web was originally designed to be transparent, inclusive, and open to all. However, as technology progressed, the original vision was largely abandoned, leading to an overly centralized online ecosystem. Web 2.0, the version of the internet that we are currently living and most familiar with, has several drawbacks that we rarely discuss.…
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