VCs back Balancer with $24.25M investment
Investors are backing the Balancer protocol with greater conviction. Could this be a sign that market hype surrounding DeFi is ramping up again? Go to Source Powered by WPeMatico
Month: May 2021
Monthly $1.9B Ethereum futures and options expiry will determine if ETH hits $3K soon
Ethereum bulls may have flipped $2,400 back to support, but Friday’s ETH options and futures expiry will determine if traders press the pedal for $3,000. Go to Source Powered by WPeMatico
Veriblock Reveals Initiative to Recycle Bitcoin’s Energy Consumption by Securing Dogecoin
On Wednesday, the Veriblock project, a blockchain that leverages the implementation of proof-of-proof (PoP) consensus, announced an initiative to secure the Dogecoin blockchain using Bitcoin. The Veriblock Foundation believes the effort counters the hostile ‘Blood Bitcoin’ narrative in regard to recent environmental concerns over proof-of-work (PoW). Veriblock to Secure Dogecoin via PoP and Bitcoin’s PoW … Read more
ICHI launches ‘Decentralized Monetary Authority’ for stablecoin issuance
The ICHI ecosystem has attracted several high-profile partners, including Solana, Moonbeam, SushiSwap, 1inch Network, Loopring and Bancor. Go to Source Powered by WPeMatico
NFT Collaboration Between Mintbase and Orrin – A Cyborg From the Future
Let me introduce Orrin, a music-making cyborg sent by a higher civilization to warn humans about the incoming apocalypse. Orrin’s mother and sister, concerned about Orrin’s realization, appeared with Orrin to seek help from Dr. Phil. Which led to Orrin’s discovery by millions through a series of viral clips pulled from an episode of the … Read more
SEC begins formal review of Fidelity, SkyBridge Bitcoin ETF applications
Fidelity’s Wise Origin Bitcoin Trust and the First Trust SkyBridge Bitcoin ETF are now under review by regulators, according to paperwork filed earlier this month. Go to Source Powered by WPeMatico
Nvidia Makes $155 Million From Crypto Mining Chips in Fiscal Q1
Graphics cards manufacturer Nvidia has earned $155 million in revenue from chips designed for cryptocurrency mining during the first fiscal quarter. The company admitted that crypto miners have also pushed sales up in the gaming products segment which remains its main market. Leading GPU Maker Reports Record High Video Card Sales Supported by Crypto Miners … Read more
3 ways traders use moving averages to read market momentum
The 20-day EMA and 50-day SMA are often used by traders to observe the market’s momentum and calculate the best time to enter and exit an asset. Go to Source Powered by WPeMatico
Pumped up by volume? 5 crypto assets that traders loved this month (and their prices)
Trading volume in crypto markets can be a key indicator of price volatility — but is there a direct correlation that traders can use to help inform their investment decisions? Go to Source Powered by WPeMatico
Big tech, not cryptocurrency, is the real threat to central banks’ autonomy, Danish central bank governor says
Though Danmarks Nationalbank’s governor seems tempted to ignore cryptocurrencies, other banks in the country continue to launch new services based on crypto. Go to Source Powered by WPeMatico
