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Luna Foundation Acquires An Additional 37.8k Bitcoin Worth $1.5B, Bringing its Total Holdings to 80,394 BTC
Summary: The Luna Foundation Guard has bought an additional 37,863 Bitcoin worth $1. 5 billion The purchase is in line with Do Kwon’s goal of backing UST with digital asset reserves worth $10 billion The Luna Foundation Guard now holds 80,394 BTC The Luna Foundation Guard has acquired an additional 37,863 Bitcoin worth $1. дальше »
2022-5-6 21:04
Bitmex’s Arthur Hayes Requests Leniency, No Jail Time for Violating the US Bank Secrecy Act
Quick take: Bitmex’s founder and former CEO, Arthur Hayes, has requested leniency from the judge handling his court case Mr. Hayes is requesting no jail time and permission to live abroad and travel freely His lawyers have also asked for probation with no home detention or community confinement Arthur Hayes had struck a plea deal that would result in a prison sentence of 6 to 12 months The founder of Bitmex and former CEO, Arthur Hayes, is requesting leniency from […] дальше »
2022-5-6 20:36
Lido Finance with $19.1B in TVL, Edges out Curve as the Largest DeFi Protocol
Summary: Lido Finance has surpassed Curve finance to become the largest DeFi protocol in terms of total value locked Approximately $19. 1 billion is locked on Lido Finance compared to Curve’s $19 billion Lido Finance is available on the blockchain networks of Ethereum, Solana, Terra, Kusama, and Polygon. дальше »
2022-5-5 19:28
Could LUNA Hitting a New ATH Ignite a BTC and Crypto Bull Run?
LUNA hit a new all-time high of $113.57 and could ignite a bull run as its foundation keeps buying Bitcoin. дальше »
2022-4-5 19:36
Bitmex’s Hayes: Ethereum Could Rise to $10k and Solana to $200
The founder and CEO of Bitmex, Arthur Hayes, has predicted that Ethereum could go to $10k and Solana to $200. дальше »
2022-4-5 15:28
Fantom Partners with Gitcoin Grants in $490M Incentive Program
Fantom and Gitcoin Grants have announced an incentive program partnership 335M Fantom (FTM) has been dedicated to the incentive program This translates to roughly $490 million Fantom users will determine the reward allocations and FTM will be allocated to the most loved and supported projects The team at Fantom (FTM) has announced a partnership with Gitcoin Grants that will revolve around an incentive program to fund projects in the Fantom ecosystem. дальше »
2022-4-5 20:33
Zilliqa (ZIL) Gains by 4x in March on Metapolis Metaverse FOMO
Zilliqa’s price has risen by almost 400% in the month of March The price increment is hinged on the anticipated launch of its Metapolis Metaverse Metapolis will be launched on the 2nd of April during a VIP event in Miami, Florida ZIL could undergo a pull-back after the launch of Metapolis The popular Ethereum competitor of Zilliqa has had an eventful month of March in terms of project developments, and price movement of its native digital asset of ZIL. Zilliqa […] дальше »
2022-4-5 18:28
EU, US Concerned Russia May Use Crypto to Avoid Sanctions
Quick take: Officials in the EU and US have expressed concerns that Russia might use cryptocurrencies to evade sanctions The EU is taking all measures to guarantee that digital assets will not be an alternative for Russia amidst sanctions US Senators have asked Treasury officials, how they are overseeing digital assets in the wake of sanctions against Russia Lawmakers and officials in the European Union and the United States, have expressed growing concern that Russia may use cryptocurrencies to circumvent […] дальше »
2022-3-4 19:37
Pantera Capital CEO: Bitcoin (BTC) Could Hit $115k after Halving
Quick take: Bitcoin (BTC) has once again reclaimed $9,000 with 5 days until halving. Pantera Capital’s CEO, Dan Morehead, sees a scenario where BTC hits $115,212 by August 2021. His analysis is based on the change in the stock-to-flow ratio across each halving. дальше »
2020-5-7 21:41
BitTorrent (BTT) Throws Another Jab at Filecoin (FIL)
In brief: In a recent tweet, the team at BitTorrent (BTT) has highlighted why the BTFS file system is better than Filecoin (FIL). The teams behind both projects have been throwing jabs at each other ranging from accusations of plagiarism and going as far as claiming the other is ‘vaporware’. дальше »
2020-5-7 18:30
Robinhood Secures $280M in Series F Funding, Plans to Expand Globally
In brief: Robinhood has secured $280 Million Series F funding after an $8. 3 Billion valuation. The funding will drive a push to expand the platform globally. Robinhood also plans on scaling the platform and offering more products to users. дальше »
2020-5-7 17:30
PegNet Launches Mobile Wallet for Android
The fully-decentralized network of stablecoins, PegNet, announces the launch of the first mobile wallet for Android users to easily convert pegged asset tokens. PegNet wallet hosts 42 stable pegged asset tokens of the top fiats, cryptocurrencies, and commodities gold and silver PegNet is the first proof-of-work oracle-based stablecoin network for DeFi Fixed $0. дальше »
2020-5-7 19:41
EMX Exchange Halts Trading of USOIL-Perp After Crude Oil Crash
In brief: Everyone was shocked when US Oil prices hit zero and global futures contracts fell hard into negative territory. Such an event had not been anticipated by the team at the EMX exchange. The team halted trading of its USOIL-Perp contract. дальше »
2020-4-24 23:46
Ethereum’s (ETH) Price Holds $168 Support Amidst Historic Oil Dump
In brief: The price of US Crude oil fell hard to $0 with its futures contracts going as far down as $-40. The once in a lifetime event, shook the crypto markets with Bitcoin (BTC) going back below $7,000. дальше »
2020-4-24 14:28
XRP’s Price Could Keep Falling as Holders Decrease
In brief: A new report by eToro and The Tie shows that the number of Twitter users discussing XRP has fallen drastically. The report also indicates that members of the XRP army have continued to decline since January 2018. дальше »
2020-4-24 16:33
Justin Sun Baffled By a Jump in New Tron (TRX) Accounts
In brief: On the 19th of April, the Tron network recorded its highest daily increase in new accounts. This feat was noticed by a senior Tron Community member. Justin Sun was baffled by the sudden increase. дальше »
2020-4-24 15:24
Why Staking Crypto such as TRX, KAVA and more is Gathering Steam
In brief: The Coronavirus crash of mid-March has resulted in a lot of crypto traders being cautious. The dominance of stablecoins is proof that they are waiting for favorable crypto conditions to get back to trading. дальше »
2020-4-20 19:16
Why $7,050 is the Level to Watch During Bitcoin’s (BTC) Weekly Close
In brief: Bitcoin (BTC) encountered massive resistance as it tried to break $7,300. At the same time, its trade volume has been dropping together with its dominance in the crypto markets. In our analysis of Bitcoin (BTC) a few hours ago, we were cautiously optimistic that the King of Crypto was on a slow and tense journey towards $8,000. дальше »
2020-4-20 17:08
Stimulus Checks and Hedge Funds, Why Bitcoin (BTC) is headed to $8,000
In brief: Evidence points towards US citizens using there $1,200 stimulus checks to buy Bitcoin (BTC). Grayscale Capital’s recent quarterly report provides a clue as to institutional interest in Bitcoin (BTC). дальше »
2020-4-19 22:25
3 Reasons Why Binance Coin (BNB) Has its Eyes Set on $21
In brief: The team at Binance has completed one of the largest coin burns of BNB to date. The Binance Chain community recently released a whitepaper outlining plans to enable smart contracts. Binance Coin has its eyes set on erasing all losses experienced in March. дальше »
2020-4-19 20:18
How Stablecoins are Harmful to the Price of Bitcoin (BTC)
In brief: Stablecoin market capitalization has reached a whopping $8 Billion. This value stored in stablecoins has zapped away some market capitalization from Bitcoin (BTC). With central banks minting fiat, stablecoins are backed by currencies prone to inflation. дальше »
2020-4-18 10:27
How Ethereum’s (ETH) Price is Back in Bullish Territory
In brief: In a previous analysis of ETH/USDT, we had identified $148 as a solid support zone. ETH/USDT tested this support zone twice, bouncing off of it on the 16th of April. ETH/USDT is currently valued at $170 and looks set to continue on its upward trajectory towards $200. дальше »
2020-4-18 09:07
Here is One Way to Earn 10% Interest on Your Litecoin (LTC)
In brief: Some traders thrive during crypto market volatility and can make profits regardless of the trend. A variety of savings options are available for holders who prefer to play the long game. One method is to save using popular exchanges such as Binance. дальше »
2020-4-15 18:20
Gold is On Track to Retest 2011 Highs of $1,900 as BTC Consolidates
In brief: Gold is thriving as the Feds and other global Central Banks continually print fiat to cushion against the possibilities of a recession. The IMF has warned that the world is on track to experience its worst recession since the Great Depression of the 1920s. дальше »
2020-4-15 17:14
$424M in ETH is Locked in DeFi Platforms, Can Tron (TRX) Catch Up?
In summary: Decentralized Finance (DeFi) has blossomed in the last year as more projects utilize the Ethereum blockchain due to its smart-contract capabilities. Currently, there is over 2. 7 Million ETH locked up in DeFi DApps. дальше »
2020-4-14 13:08
Binance Launchpad Announces New Project, BNB Breaks $15.50
In brief: Binance Launchpad will conduct its second crowdfunding campaign of 2020 with the Cartesi Project. In an earlier analysis, $15. 50 had proved a difficult ceiling to break for Binance Coin (BNB). дальше »
2020-4-14 10:48
Why One Crypto Hedge Fund Won’t Hold XRP and Stellar (XLM)
Quick take: CEO of Morgan Creek Digital, Mark Yusko, was a recent guest on Thinking Crypto, a Youtube crypto news channel. In the interview, Mr. Yusko discussed the current state of the stock market, COVID19, the genesis of Morgan Creek Capital, CBDCs and more. дальше »
2020-4-13 12:04
Why $6,600 is the Level To Watch During Bitcoin’s (BTC) Weekly Close
Quick take: Social distancing has been highly advised globally and especially during this Easter weekend. Many Easter activities have gone virtual as a result. Bitcoin trade volume usually falls during major holidays and Easter is no exception. дальше »
2020-4-13 10:46
How the 200 Daily MA Could Provide Crucial Support for Tezos (XTZ)
Quick take: The correlation between Tezos (XTZ) and Bitcoin (BTC) is high in the crypto markets. As Bitcoin looks set to revisit previous support zones below $6,900, XTZ has the 200 Daily MA acting as much needed support. дальше »
2020-4-11 19:26
Top Bitcoin Analyst: $7,970 is Possible but a BTC Bottom is Not In
Quick take: Top Bitcoin analyst cautions that a Bitcoin bottom is not in. BTC might retest $7,970 in the right environment. However, if the stock market crashes again, BTC will also go down. The Bitcoin halving is approximately one month away and BTC is currently holding the earlier mentioned $7,200 – $7,300 support zone. дальше »
2020-4-11 17:54
Why a Central Bank Digital Currency (CBDC) Will Be Launched Soon
Quick take: The three major economies of China, France, and South Korea have recently been linked with expressing interest in launching their own Central Bank Digital Currencies. Interest in crypto by private citizens has risen slowly but surely after numerous signs of a global recession. дальше »
2020-4-11 16:29
2 Reasons Why Ethereum (ETH) Could Reclaim $200
In brief: Bitcoin has led a resurgence in the crypto market and looks set to erase all losses experienced in mid-March. With BTC currently experiencing sideways movement, Ethereum could experience a second wave up. дальше »
2020-4-8 13:24
Can Binance Coin (BNB) Overcome its Next Price Resistance at $15.50?
Key takeaways: In a previous BNB/USDT analysis, Ethereum World News had postulated that the coin would retest $14. Traders and investors had been advised to keep an eye out for any bullish news that might propel BNB further. дальше »
2020-4-8 21:31
With Poloniex LaunchBase, Can Tron’s (TRX) Price Mimic BNB’s In 2019?
Quick take: Poloniex recently launched LaunchBase, its homegrown IEO platform. Tron (TRX) is the sole digital asset approved for investment on LaunchBase. Could TRX experience a run in the markets similar to BNB’s in 2019 when Binance Launchpad was launched? On the 5th of April, the crypto exchange of Poloniex announced that it had a new investment platform for its users known as LaunchBase. дальше »
2020-4-8 20:08
Bitcoin (BTC) Reclaims $7,000 as Global Efforts Against the Coronavirus Start to Bear Fruit
In brief: Bitcoin (BTC) has this morning reclaimed the $7,000 value once again. Its movement is amidst global reports of some countries winning the war against the Coronavirus. With halving only days away, Bitcoin might continue with its upward trajectory. дальше »
2020-4-6 10:39
Why Crypto Acquisitions Will be the Norm After the Binance-Coinmarketcap Deal
In brief: Mid last week, Binance confirmed rumors that it had acquired the popular crypto tracking platform of Coinmarketcap. com. The acquisition elicited mixed reactions from crypto enthusiasts. дальше »
2020-4-5 21:41
Tron (TRX) Ventures Into DeFi With its Revolutionary DApp, JUST
In brief: The team at Tron had been working on a DeFi platform known as Djed. The Mainnet was launched today, April 4th. The DApp has been rebranded to JUST. Decentralized Finance, or simply DeFi, has been one of 2020’s highly anticipated use cases of cryptocurrencies and blockchain. дальше »
2020-4-5 19:00
Bitcoin Price Analysis: After Failing to Reclaim $7,000, What’s Next for BTC?
In brief: Bitcoin exhibited some bullish momentum earlier on in the week. BTC traded briefly at $7,200, dropped below $7,000 and then attempted, with no success, to reclaim this level as support. However, we are back in familiar territory with $6,900 being the level to overcome once again. дальше »
2020-4-5 16:40
Tron’s (TRX) Bug Bounty Continues to Bear Fruit as the Network Blossoms 2 Years On
In brief: Tron (TRX) and BitTorrent (BTT) community member, pointed out that the Tron network has functioned flawlessly since its launch. For close to two years, the Tron Mainnet has continued to live up to expectations of the community. дальше »
2020-4-5 18:28
XRP Price Analysis: Bulls Back in Control but Analyst Warns $0.078 is Possible
In brief: Initially, XRP/USD looked set to lose the $0. 16 support zone. The coin has since reclaimed $0. 17 and is currently trading at $0. 1766. However, one analyst warns this might be a brief rally. дальше »
2020-4-5 13:44
Binance News Update: OTC Trading Portal, Fiat On-ramp for S.A Rand and Flexible Deposits for LTC & TRX
In brief: The team at Binance has made 3 major announcements in less than 24 hours. Firstly, Binance launched a new Fiat on-ramp for the South African Rand (ZAR). Secondly, the team launched a new OTC trading portal. дальше »
2020-4-2 13:07
This Factom-Based Stablecoin Network is About to See $1 Billion in Conversions
The Factom-based stablecoin network PegNet is fast approaching $1 billion in total conversions, which is a significant number that elucidates the rapid adoption the network is currently incurring. PegNet is a unique distributed network that allows users to easily access and utilize a variety of different assets – including fiat, crypto, precious metals, and more – however they so choose by using “Pegged Asset Tokens” that are essentially digital copies of the underlying asset that they represent. The platform’s conversion […] дальше »
2020-4-1 03:45
Ethereum Price Analysis: With BTC Dominance Firmly at 65%, What’s Next for ETH?
In brief: The Bitcoin dominance on Coinmarketcap is steady at around 65%. Ethereum’s dominance in the market currently stands at 8. 23%. In the past few days, ETH has had a hard time reclaiming the $140 support zone. дальше »
2020-4-1 15:22
Binance Coin Price Analysis: BNB Could Reclaim $14 But the Trend is Still Bearish
In brief: Binance Coin was not spared by the crypto market turmoil seen on the 12th and 13th of March. BNB dropped to a level of $6. 40 last seen in February of 2019. The prominent alt-coin might reclaim $14 but the general trend is still in a downward trajectory. дальше »
2020-4-1 12:06
How Bitcoin’s (BTC) Current Price Around $6,000 is Reminiscent of 2018
In brief: Bitcoin has so far defied the Death Cross which is evident on the daily chart. The King of Crypto is currently trading at $6,350, reclaiming the important $6,000 support zone. However, the current price movement is reminiscent of 2018 and could fall further as all markets are affected by the Coronavirus. дальше »
2020-3-30 19:16
Tether’s Dominance Solidified as more Exchanges Launch Bitcoin USDT Futures Contracts
In brief: In the last week, two prominent crypto exchanges have launched Bitcoin USDT perpetual contracts. They include Bybit and KuMex (KuCoin’s derivatives platform. ) Tether (USDT) is ranked 4th according to market cap. дальше »
2020-3-29 14:17
Bitcoin’s (BTC) Support at $6,000 Threatened by a Death Cross on the Daily Chart
In brief: Bitcoin (BTC) has had an eventful weekend as it dropped from $6,700 to $6,000. The King of Crypto has tested the $6,000 support zone a few times. This area of support is crucial as a death cross is forming on the daily chart. дальше »