Cryptocurrency Analysis and News Portal
As Ethereum gas prices rise, the chain that inspired Web3 is becoming gentrified, with high transaction costs pushing less wealthy users onto competing blockchains or scaling solutions. This means that many use cases are becoming unfeasible in the proverbial layer-one downtown, and suburban neighborhoods are being developed to allow for
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Ethereum declined heavily below the $3,250 support against the US Dollar. ETH price tested $3,000 before it attempted an upside correction. Ethereum started another decline and traded below the $3,150 support zone. The price is trading below $3,250 and the 100 hourly simple moving average. There was a break above a key bearish
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Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has shared his investment strategy with cryptocurrency as part of his portfolio. He warned that cash is the worst investment because it is eaten away by inflation. Ray Dalio’s Investment Advice: Cash Is Depreciating, Diversify Portfolio Well Bridgewater Associates
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The Indian government should avoid a ban on private cryptocurrencies, according to a report by Indian non-profit organization Centre for Internet and Society (CIS), which has been cited by lawmakers for reference in the past.The report comes as the Indian government is looking to introduce a crypto bill that will
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Cryptocurrency has captured the world’s attention after the pandemic, and notorious scammers have taken notice too. With the rising popularity of altcoins and meme tokens, there will be an upsurge of new crypto scams taking place on Telegram. What is a Scam? Scam, rug pull, you name it. They’re everywhere: Telegram chats,
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Speaking publicly for the last time as a member of the Board of Governors of the Federal Reserve System, Randal Quarles urged regulators to exercise restraint on stablecoins.In a prepared statement for his speech at the American Enterprise Institute on Dec. 2, Quarles expressed concern that regulations could hamper innovation
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Ethereum reacted to the downside and retested $4,050 against the US Dollar. ETH must recover above $4,250 and $4,300 to start a steady recovery wave. Ethereum started a fresh decline from the $4,350 resistance zone. The price is now trading below $4,250 and the 100 hourly simple moving average. There is a key
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Blockchain platform Telos raised $8 million in funding led by ConsenSys and Polygon investor John Lilic. The funding was secured right before the launch of Telos’ Ethereum Virtual Machine (EVM) platform, ending the company’s ongoing streak of bootstrapped initiatives.Telos aims to redirect the recently secured capital on the platform’s development and
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Bitcoin hit a new high Wednesday, topping $20,000, and is continuing to rise. Maybe today is the day that you finally are ready to take the plunge and buy your first few satoshis. Before you do, here are a few suggestions to avoid falling victim to some of the bitcoin
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A government agency in Uzbekistan has published a list of unauthorized crypto exchanges that residents of the country have been advised to avoid. The trading platforms collect personal data and bear no responsibility for the cryptocurrency transactions, officials have warned. Authorities in Uzbekistan Blacklist ‘Unofficial’ Crypto Exchanges The National Agency of
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