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"Index appears to have bottomed out as the daily signal (grey) is projecting upside pressure. After four weeks of consolidation, this indicator is tactically bullish and Bitcoin prices could resume the uptrend," Markus Thielen, head of research and strategy at Matrixport, said in a note to clients on Thursday. Source
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Terra Classic (LUNC) has suffered persistent declines since the network’s collapse back in 2022. These declines have ranged from its price through
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In recent weeks, Ethereum has demonstrated a downtrend in shorter timeframes, where the bulls struggled to maintain the critical $1900 support zone.
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Kraken co-founder Jesse Powell doubts FTX 2.0’s potential to bounce back from bankruptcy. In a tweet, he criticized the proposed recovery plan for the struggling exchange. Powell believes starting from scratch would be a better option claiming
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The ‘Six Samurai’ proposal presents roadmap to important components such as the migration from Columbus-5 to Columbus-6 and an upgrade to the Cosmos SDK. Six engineers working on the Terra Classic ecosystem have proposed a ‘Six Samurai’ plan for the complete revival of the blockchain ecosystem. This development comes as some
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“LUNC has limitless upside potential, and we want to help realize it by leveraging our skills to bring value to the blockchain and all its investors in order to accomplish a true revival of the ecosystem,” Samurai Six said.“We're here to provide value to the ecosystem on its road to
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Version 2 of Jimbos protocol was attacked over the weekend for $7.3 million, just days after going live. Source
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Community members are vying for a new model to improve revenues to sustain the peg, which includes token buybacks and fees paid on peg deviations. Source
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Scaramucci stated that it was more likely that FTX, once valued at $32 billion, would end up selling its software and licensure before opening under a new brand. Skybridge Capital founder Anthony Scaramucci does not think the defunct crypto exchange FTX can be revived any time soon. The financier and former
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“We have to hold 100% of client assets (same kind and same amount) in cold wallets every day,” said Takaaki Kato, head of sales and trading at Bitflyer, one of Japan’s largest crypto exchanges. “If this is not met, we have to move crypto assets to cold wallets within five
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