Data from Glassnode shows that the recent Bitcoin crash was the largest in history in dollar terms, coming in at $2.56 billion. The “corona crash” of March 2020 was the previous biggest, at $1.38 billion. Although 13% gains yesterday brought welcome relief, uncertainty still rules. The question on everyone’s mind is, are we still in…
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The SafeMoon DeFi protocol is the latest project to have vulnerabilities revealed in its smart contract code. A recent audit conducted by analysts from HashEx, a blockchain security consulting firm, has revealed that 12 critical vulnerabilities are placing the funds of over 20 million users and the protocol with over $3.5 billion in market capitalization…
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Ethereum extended its upward move above the $2,550 resistance zone against the US Dollar. ETH price settled above the 100 hourly SMA and it might continue to rise. Ethereum extended its recovery wave above the $2,550 and $2,600 levels. The price is now trading above the $2,500 support and the 100 hourly simple moving average.…
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Bitcoin price gained bullish momentum above the $38,000 resistance against the US Dollar. BTC is now consolidating gains and it is likely to remain supported near $37,000. Bitcoin started a steady increase above the $37,000 and $38,000 resistance levels. The price is now trading above the $37,000 zone and the 100 hourly simple moving average.…
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Once again, Elon Musk has tweeted and pushed Bitcoin’s price beyond an important resistance area, for now. At the time of writing, BTC trades at $39,022 with a 15.5% profit in the daily chart. BTC with bullish momentum in the daily chart. Source: BTCUSD Tradingview The cryptocurrency had a bloody weekend, and it took down…
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The University of Pennsylvania’s Wharton School of Business is consistently seen as one of the best business programs in the U.S., and is the oldest collegiate school of business on the globe. In a new ‘Blockchain and Digital Asset Project’ report, titled “DeFi Beyond the Hype”, Wharton School contributors detail the ins and outs of…
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After one of its most brutal weekends, Bitcoin and most altcoins show signs of recovery in lower time frames. While most are still down by 30% and 40% in the 7-day and 30-day chart, the general sentiment in the market appears to be more bullish as investors see their charts flip from red to green.…
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Bitcoin price is back at $37,000, recovering from a frightening plunge to as low as $30,000. The selloff struck fear into the market unlike never before, making buying the dip a scary risk to take. However, there’s several signs that the bottom could be in, all while sentiment has turned fully bearish and the market…
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Decentralized finance (DeFi), tokenization and non-fungible tokens (NFTs) are gaining momentum as sub-sectors that could transform the traditional financial system. All are leveraging a broader approach to unlock earning opportunities to everyone, offering a permissionless financial ecosystem. Owning real-world assets or private equity, however, doesn’t allow you to access DeFi yield-generating products. Additionally, much of…
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The CEO of Input Output Global (IOG), Charles Hoskinson, took to social media to share his advice on coping with difficult times. Drawing on his experience of running a multi-billion dollar firm, Hoskinson points to mindfulness as the key to getting through these difficult times. Crypto Market Panic The events of the past week or…
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