ETH/BTC rallies to test its ‘ascending triangle’ pattern for a bullish breakout. Ethereum’s native token Ether (ETH) has grown stronger against its rival for the top position — Bitcoin (BTC) — despite an ongoing crypto market rout. But can the ETH/BTC pair continue to rally in the coming months? Let’s look at the charts. Ethereum…
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The global crypto exchange KuCoin expects to launch decentralized wallet products later in Q2 2022, also planning to roll out its NFT marketplace Windwave in the near future. The global cryptocurrency exchange KuCoin aims to go beyond centralized trading services and focus on Web3 with new funding backed by firms like Circle Ventures. The KuCoin…
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Bitcoin mining companies must prove carbon neutrality as new regulations come to play, but are carbon offsets enough? Bitcoin (BTC) mining has always been a controversial topic. But, Bitcoin’s proof-of-work (PoW) model has reached new levels of concern as senior decision-makers and investors pay closer attention to environmental, social and governance factors. As such, many…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: KuCoin Valued at USD 10B, Three New Crypto ETFs, Circle’s ‘Decentralized Identity’ + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
On Monday, May 9, 2022, the stablecoin terrausd (UST) lost its parity with the U.S. dollar and dropped to an all-time low of $0.66 per unit. The stablecoin has been one of the most topical discussions in crypto during the past 24 hours, as many have been betting on whether it will fail or recover.…
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Bitcoin plunged below $30,000 for the first time in eleven months, as bears continued to run rampant in crypto markets. This move came as Luna Foundation Guard was said to be liquidating close to $1.5 billion worth of BTC. Ethereum also fell to multi-month lows, as prices hovered slightly above $2,200. Bitcoin Bitcoin fell for…
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The Queen’s Speech for the State Opening of Parliament included bills supporting “the safe adoption of cryptocurrencies” as well as the authority to “seize and recover crypto assets.” The United Kingdom has introduced two bills, both concerning the seizure of and support for cryptocurrencies as part of Prince Charles’ remarks at the State Opening of…
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Bitcoin Cash is preparing to include two significant improvements in its upcoming upgrade. Programmed to happen on May 15, the Bitcoin Cash Improvement Proposals (CHIPs) approved to be included are CHIP-2021-03, which brings bigger script integers to the chain, and CHIP-2021-02, which has to do with the activation of native introspection opcodes, directed to simplify…
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TerraUSD (UST), an algorithmic stablecoin hosted by the Terra network and created by South Korea’s Terraform Labs, has once again lost its dollar peg after a wave of sell-offs hit the crypto market. The stablecoin, which is supposed to maintain a value of USD 1 by creating and destroying supply through a swap with…
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Russian President Vladimir Putin has spoken of plans to revamp the country’s international settlements ecosystem – in a bid to prevent Moscow from sliding into an economic quagmire at the hand of Western-led sanctions. The nation has been all but frozen out of international trade and the global economic system following the start of…
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