Cryptocurrency Analysis and News Portal
The distribution of the token was to nearly 650,000 Ethereum users who had fulfilled certain on-chain parameters, including having spent over $1,559 in gas fees. So far, some 26,000 users have claimed the token, which had a peak market capitalization in excess of $50 million earlier today. Original Source
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Bitcoin (BTC) sought cues from the United States Federal Reserve on Dec. 14 as markets waited anxiously for news on policy. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC higher lows remain safeData from Cointelegraph Markets Pro and TradingView showed BTC/USD continuing in a range around $47,000 as Wall St. opened on Dec.
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Lennard Neo, head of research at Stack Funds, attributed the cryptocurrency’s recent drop to the market uncertainty leading investors to take risk off the table. Bitcoin is seen by some investors as a risk-on asset, which generally refers to assets that have a significant degree of price volatility such as
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Welcome to The Daily Forkast, December 10 2021, presented by Megha Chaddha. On today’s show: Hong Kong-based Animoca Brands announces equestrian joint venture with Aquis to create equestrian related metaverse products, games and NFTs. Shiba Inu community still hurting following Bitmart hack. Finally, could blockchain technology offer an interesting inflation hedge option? We’ll have
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Bitcoin failed to hold above the $50,000 mark and was down 4.2% over the past 24 hours.The largest cryptocurrency was looking weak on Thursday, a day after CEOs from six major crypto firms spoke before the U.S. House of Representatives Financial Services Committee.The hearing, which clocked in as one of
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The short-term downtrend in BTC is defined by a series of lower price highs since Nov. 10 as seen in the chart above. Recently, oversold signals appeared on the charts, which could encourage short-term buying from the $53,00 support level. A decisive break above $60,000 would reverse the short-term downtrend. Original
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In July, Dorsey said Square would launch a platform for developers to create “decentralized finance” projects built on bitcoin. At Twitter, Dorsey spearheaded Bluesky – a project aimed at turning the social media company into a decentralized protocol. According to Platformer’s Casey Newton, Twitter’s new CEO, Parag Agarwal, has been
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Bitcoin (BTC) buyers remained active over the weekend, although upside was limited around the $60,000 resistance level.The cryptocurrency continues to consolidate, with pullbacks limited toward $53,000 support.Intraday chart signals are neutral, suggesting the current loss of momentum could continue into the Asian trading session. Buyers will need to defend immediate
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Cardano has not been doing well these past couple of days. With strong competition from Solana, the digital asset has had a hard time maintaining its position in the market. This has translated into suffering prices on the part of ADA, causing the market to speculate on where the value
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Ethereum settled below the $3,000 support zone against the US Dollar. ETH price could resume its decline unless there is a clear break above the $3,000 resistance zone. Ethereum started a fresh decline below the $3,100 and $3,000 support levels. The price is now trading below $3,000 and the 100 hourly simple
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