Cardano price fake-out? ADA’s 45% rebound in two days could trap bulls
ADA price has seen sharp recoveries during bear markets in the past with many turning out to be bull traps. Go to Source Powered by WPeMatico
Month: June 2022
Cardano Spikes as Supporters Anticipate Vasil Hard Fork, Poll Shows ADA Expected to Hit $1 by the End of June
During the last seven days, the cryptocurrency cardano has increased in value by 17.3% against the U.S. dollar, as the community anticipates the upcoming Vasil hard fork, an upgrade that aims to improve the network’s throughput and enhance smart contract capabilities. Moreover, according to a poll involving 24,468 crypto enthusiasts, cardano is predicted to reach … Read more
Kraken CEO defends listing LUNA 2.0: ‘Bitcoin traders don’t pay the bills’
Kraken’s Jesse Powell came under fire for listing the second-generation LUNA; separately, he railed against TradeFi’s crypto exchange claims. Go to Source Powered by WPeMatico
Terra Luna Price Faces Bearish Pressure as Binance Completes Airdrop
Cryptocurrency markets are slowing down their bullish price action, which started on Monday. While Bitcoin and Ethereum stabilize, BTC is holding firm above $31k, and ETH is approaching the $2k level. Unfortunately, Terra Luna’s price suffered significantly today as it dropped by over 20%, currently trading at $7.28 after briefly peaking above $10 yesterday. Binance … Read more
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate as June Kicks Off
Following yesterday’s gains, both bitcoin and ethereum consolidated on Wednesday, as bullish momentum eased. After rallying above $32,000, BTC moved marginally lower during the hump-day session, while ETH once again fell below $2,000. Bitcoin BTC was trading lower on hump-day, as bullish sentiment slightly faded, following yesterday’s price surge. Following a move to a nearly … Read more
Crypto knocking on the WEF’s door: The view from Davos
A look back on the week that was the World Economic Forum and how crypto might have stolen the show. Go to Source Powered by WPeMatico
Computer scientists and academics pursue efforts to stop crypto lobbying in US
Harvard lecturer Bruce Schneier said in a report that blockchain is not secure and not really decentralized. Go to Source Powered by WPeMatico
Tether’s reported bank partner Capital Union shares its crypto strategy
Tether stablecoin’s reported bank partner Capital Union supports a large variety of digital assets as part of its trading and custody services. Go to Source Powered by WPeMatico
Goldman Sachs reportedly eyes crypto derivatives markets with FTX integration
FTX has sought to integrate brokerage services internally to fulfill trades automatically, however, CFTC has called for greater scrutiny of the demand as it would lead to a monopoly of big players. Go to Source Powered by WPeMatico
Singapore’s Deputy Prime Minister Advises Retail Investors to Steer Clear of Cryptocurrencies
Singapore’s deputy prime minister has advised retail investors to steer clear of cryptocurrencies, citing that they are “highly risky.” He stressed, “We cannot express this enough.” Singapore’s Deputy Prime Minister Warns About Crypto Singapore’s Deputy Prime Minister Heng Swee Keat reportedly warned retail investors against investing in cryptocurrency Tuesday while speaking at the Asia Tech … Read more
