Cryptocurrency Analysis and News Portal
Global payments company Ripple has partnered with the island country Republic of Palau to develop strategies for a digital currency.“The partnership will initially focus on developing strategies for cross-border payments and a USD-backed digital currency for Palau,” the fintech company announced on Tuesday.This could lead to the implementation of the
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A true SocialFi platform belongs to its users. And as the vast majority of Monaco Planet’s native currency will be distributed to users as rewards for content creation, Monaco Planet functions as a true decentralized autonomous organization, governed by native token holders who can send in proposals and vote. As
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The pair, both traders with pre-crypto ties to Bankman-Fried, will oversee Alameda’s vast network of trading, yield farming, startup investments and market-making. Alameda is one of the crypto-landscape’s trading behemoths, booking a $1 billion profit last year, according to Forbes. Source
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With a 31.6% profit in the weekly chart, Bitcoin has been retaking his mantle as the king of the crypto market during the past days. The first cryptocurrency by market cap has been moving to the upside with a strong conviction and seem poised to retake its previous highs. Related Reading
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Bitcoin (BTC) derivatives traders on the Chicago Mercantile Exchange (CME) missed out on incredible profits as BTC’s spot price smashed through $55,000 this week.Retail investors reduced their long exposure across the Bitcoin futures and options markets in late September, according to data shared by Ecoinometrics. The amount of open short positions
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Bitcoin extended its rally above the $55,000 resistance against the US Dollar. BTC could correct lower, but the bulls might aim more gains towards $60K. Bitcoin climbed higher above the $52,000 and $54,000 resistance levels. The price is now trading above $53,000 and the 100 hourly simple moving average. There is a connecting
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As the crypto industry continues to become mature every passing year, the CCI will now work on getting all participants together on a common platform through education and guidance. On Tuesday, April 6, crypto industry weights including Square, Coinbase, and Fidelity joined hands establishing a new cryptocurrency trade
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Bitcoin (BTC) is changing hands fast after its drop to $32,000 and only millionaires are winning, data shows.Statistics governing wallet balances from Glassnode on Jan. 11 reveal that the main investors “buying the dip” are those with a balance in excess of 1,000 BTC ($36 million)."Millionaire" wallets keep growingCompiled by
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Solana, a proof-of-stake (PoS) blockchain spearhead by FTX CEO Sam Bankman-Fried, is "stuck" due to an unknown issue. Source
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For people who are interested in running a Polkadot node, there is a “thousand validators” program in the pipeline that aims at boosting the number of validators by 1000.In a bid to help overcome the decentralized feature of its ecosystem, Polkadot has announced an alliance with Chainlink. Using the Polkadot
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