Cryptocurrency Analysis and News Portal
Bitcoin (BTC) regained fresh ground on April 21 after bears failed to gain control of short-term price action overnight. BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewTrader: Holding $42,300 could open up path to $50,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching new local highs of $42,455 on Bitstamp on
Read More
The largest cryptocurrency by market capitalization was recently trading at about $39,928, a little down from where it stood 24 hours earlier and about the same as where it started the Good Friday, holiday weekend. Ether, the second largest crypto by market cap, was trading at about $3,026, a level
Read More
Bitcoin (BTC) is keeping traders on the edge of their seat this week as support levels come close to breaking.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTraders line up targets below $40,000Data from Cryptox Markets Pro and TradingView shows that lines in the sand below $40,000 barely remain intact after multiple
Read More
Projects that launch on up-and-coming blockchain networks can often benefit from a low competition environment that allows them to attract new users and liquidity at a faster rate than crowded networks like Ethereum. A recent example of this is Astroport (ASTRO), an automated market maker (AMM) on the Terra (LUNA) network,
Read More
Crypto Insiders founder Zoran Kole revealed the possible launch of a Near Protocol native stablecoin. Via a substack post, Kole claimed the digital asset will be announce on April 20 as an algorithmic stablecoin called USN. Related Reading | TA: Terra (LUNA) Surges, Is It Eyeing A Correction Now? The digital asset
Read More
“AVAX is an excellent reserve asset to complement bitcoin [BTC] in the LFG treasury,” Ava Labs President Jon Wu told CoinDesk via Telegram. “This is just the beginning for these two communities together. We’ll see more assets, applications, and novel subnet collaborations flourish out of this new connection.” Original Source
Read More
On April 6, onchain data shows the Luna Foundation Guard’s (LFG) bitcoin wallet has added 5,040 bitcoin to its reserves. The added funds were worth roughly $221 million at the time of settlement. LFG managed to purchase the bitcoins while bitcoin lost 3.9% against the U.S. dollar during the last
Read More
Terra, the Blockchain outfit using Bitcoin (BTC) to back its new US dollar stablecoin, has bought over 5,000 BTC.Wallet data confirms that on April 6, Terra added another 5,040 BTC to its balance, which now totals 35,768 BTC.Terra buys the dip... againThe move comes after a multi-day lull in buying
Read More
If estimates in Leap's litepaper of an 8% private sale allocation hold true, the startup has a valuation of $40 million. Source
Read More
Pools currently deployed on Curve are backed by centralized or decentralized stablecoins, wrapped tokens – such as wrapped bitcoin – or a basket of various assets. 4pool, however, will bring together UST and FRAX, the two largest decentralized stablecoins with a cumulative backing of over $19.6 billion, and USDT and
Read More