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Bitcoin (BTC) erased then recovered its daily gains later on March 8 as United States President Joe Biden announced a complete ban on Russian oil imports.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC comes full circle, while gold steals the showData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it targeted
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Cardano investors have been heavily impacted by current market conditions with ADA losing its spot in the top 5 crypto by market cap. After an impressive rally during 2021, this cryptocurrency has lost critical zones and could return to previous lows. Related Reading | Cardano (ADA) Ready For Rally Towards $1.50?
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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 previous record peak near $4.50 established
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Bitcoin found support near $34,300 and started a strong recovery against the US Dollar. BTC climbed above $38,000, but it is still struggling near $40,000. Bitcoin found support near the $34,300 and $34,500 levels. The price is trading above $38,000 and the 100 hourly simple moving average. There is a key bullish trend
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After a month-long fight against an ongoing exploit, cross-chain router protocol Multichain announced the recovery of nearly 50% of the total stolen funds, worth nearly $2.6 million of cryptocurrencies. The team has also released a compensation plan to reimburse the users’ losses.On Jan. 10, blockchain security expert Dedaub alerted Multichain
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The digital asset platform said it plans to spend $150 million to $170 million this year in future growth initiatives, including expanding its crypto offerings. Original Source
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Ethereum failed to clear the $3,200 resistance against the US Dollar. ETH price is declining and might retest the $2,960 support zone in the near term. Ethereum is struggling to clear the $3,190 and $3,200 resistance levels. The price is now trading above $3,050 and the 100 hourly simple moving average. There is
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Bitcoin failed again to clear the $45,500 resistance zone against the US Dollar. BTC is declining and remains at a risk of more losses below $42,500. Bitcoin attempted another upside break above $45,500 but failed. The price is trading below $43,500 and the 100 hourly simple moving average. There was a break below
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Cardano (ADA) appears to be bullish. However, the uptrend seems to experience a limitation as there are possibilities of several obstructions in its way. Thus, traders need to be cautious around the ADA coin and its forthcoming rally. What is Cardano? Cardano is a PoS (Proof of Stake) blockchain that is open-source
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The Meter Passport token bridge platform has incurred $4.4 million in losses due to a smart contract hack which also caused Hundred Finance to lose $3.3 million through under-collateralized loans.Meter.io’s Meter Passport (MTRG) is a token bridge that is compatible with Ethereum and its sidechains. This attack affected the Moonriver
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