ETH traders were excited by the recent break above $3,000, but a handful of data points suggest that Ethereum price will stay in a downtrend. There is an old saying in traditional markets which is actually more like a trading rule. It goes, “when the trend is negative, one can only be neutral or short,”…
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ANC price risks becoming overheated, however, after a major rally. Anchor Protocol (ANC), the decentralized finance (DeFi) platform built on the Terra blockchain protocol, rebounded nearly 300% in over a month after bottoming out near $1.26. ANC price went as high as $4.97 on the Bitfinex cryptocurrency exchange on March 3, 2022, breaking above the…
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Triple and quadruple-digit cryptocurrency earnings might be possible in any market with a little strategy and some analysis. With news of early adopters retiring millionaires, and newbies making a 300% profit or more on their cryptocurrency holdings, investing in digital assets is seen by many as a lucrative opportunity. That said, cryptocurrency continues to exist…
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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: G7, EU Working on Russia’s Crypto Isolation, Shareholders vs. ConsenSys + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Russia’s invasion of Ukraine continues, and so do the discussions on how the worsening geopolitical, economic, and social factors may affect pretty much all segments of the wider society. Two crypto exchanges shared their views with Cryptonews.com on what may await the crypto market, and what segments are the most threatened…. Read More: Potential…
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Hack VC, a crypto investment firm, has launched a new $200 million crypto-based seed fund. The venture capital company, which is behind the hack.summit() event, one of the biggest blockchain programming events in the world, aims to invest in early stage Web3-based teams. The idea behind this fund is to accompany these teams each step…
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The total value locked in decentralized finance (defi) has managed to jump above the $200 billion zone, as crypto markets have rebounded from the market downturn last week. A number of native assets from the $611 billion worth of smart contract protocols have seen double-digit gains with cypherium (CPH), counterparty (XCP), and terra (LUNA) leading…
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_____ _____ Staking is seemingly set for a big 2022. With Ethereum (ETH) planning an eventual move to a proof-of-stake (PoS) consensus mechanism this year, it will bring staking to thousands if not millions of users who’ve never tried it before, with the growth of ETH staking likely to feed into similar growth elsewhere…. Read…
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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. __________ ____(Updated at 18:23 UTC with the Regulation news section.)… Read More: State Street’s ‘Mega’ Crypto Plan, Hayes Pleads Guilty, Flexpool’s Message to Russia, Pulled NFT Sale + More news…
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ETHDenver 2022 has come and gone. Ethereum (ETH)’s annual developer conference took to Denver’s Sports Castle to showcase the latest upcoming projects in the ETH ecosystem and to enable community members to network with each other (and spread coronavirus)…. Read More: Top Trends at ETHDenver 2022: DAOs, DAOs, Regulation, DeFi, and DAOs Read more…
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