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Thursday, March 28, 2024
Although the crypto market, including Bitcoin, went through a sharp drop in its valuation after Coinbase went on to report a quarterly net loss of $430 million, all is not lost. While we wouldn’t go as far as to say that this was simply a drop in the ocean,...
Do Kwon, the co-founder of Terraform Labs, has put forward a proposal that would preserve the ecosystem of Terra. This seems to be the need of the hour- considering the historic depegging of its stablecoin- the UST- which also resulted in the death of the Terra tokens to zero....
Aurora, one of the Ethereum Virtual Machines which is designed to scale Dapps built on the protocol of Near, has decidedly launched a token fund worth $90 million. The fund was instituted in a partnership with Proximity Labs and will be completely focused on financing most of the decentralized...
The prices of the junk bonds of Coinbase have been taking a beating in the midst of underwhelming performance in the first quarter. There have also been fears rising over what could seemingly happen in the case of bankruptcy. According to the trading data of bonds from Trace Bonds,...
The last week’s crypto market rout saw Cardano paring a big portion of the losses that were incurred throughout. The price of ADA went on to reach an intraday high of $0.60 on the 13th of May, a day after it rebounded from its week-to-date low of $0.38- which...
The collapse of Terra and its stablecoin did affect the cryptocurrency market as a whole on the 11th of May. Most of the projects which were associated with any form of decentralized finance did see their prices hammered badly due to this collapse. The forced selling of the holdings...
The price of Bitcoin had initially perked up from its recent low at around $29,000 but the overall sentiment in the market was largely negative. One of the reasons behind a negative sentiment could be the price drop of 25%. Currently, the crypto Fear and Greed Index, which allows...
The only process of producing new Bitcoin into circulation is called mining. It helps add records of transactions into the public ledger of bitcoin, the digital coin market technology named blockchain. You can visit the bitcoin profit to learn all about the mechanism of bitcoin trading. All transactions are...
Cryptocurrency experts and enthusiasts are familiar with the terms hard forks and airdrops, but only a few know the difference between these two. You can visit Quantum Ai to learn all about the mechanism of bitcoin trading. Cryptocurrency hard forks and airdrops significantly impact the spot value of a...
With the proliferation of the world, many new techniques are developed which make a complex task into the simplest one. . You can visit thequantumai to learn all about the mechanism of bitcoin trading. Making money is such a difficult task for youngsters, but nowadays, the world of cryptocurrency...
For the uninitiated, KuCoin does exist as a pretty well-known exchange that is usually an offering for the people. Now, a combined effort between this cryptocurrency and the community that has been built around KCS, the native token, could address some of the concerns about the high fees of...
The price of Polygon went on to reverse its course to the upside on the 10th of May after it tested out at $0.794 as its interim support. This led to an increase in their price by 25% to $0.99. The price rebound took place a day after the...
Cryptocurrency financial services major Galaxy Digital suffered a quarter 1 loss in 2022($111.7M), against a generous gain of $858.2M in the first quarter of 2021. The firm attributed the slide to loss on trading investments, unrealized loss on investment business, and digital assets. Galaxy Digital (GLXY) reported cumulative profitability in...
The current price of Bitcoin has been declining at a rate that has made most of the seasoned traders in the crypto community quite afraid. According to data that was received from TradingView and Cointelegraph Markets Pro, it has been understood that the selloff of BTC on the 9th...
Bitcoin has been preparing itself for a rare bear feature which could be returning on the 8th of May after a sell-off that will take place overnight. According to data received from TradingView and Cointelegraph Markets Pro, it has been understood that the dipping of the exchange below $34,200...
Binance has always been one of the most persistent exchanges in the crypto industry when it comes to accessing regulatory approval throughout the world. In their gargantuan effort to operate as a fully licensed institution, the exchange has decided to stop offering its services of crypto derivatives in Spain...
Google has finally announced that it is fully entering the realm of Web3. Its cloud unit has formed a team to oversee the company's plans. The techno giant has said that the team would be focused on Web3, blockchain, and cryptocurrencies. Alphabet, Google's parent company is the third company after...
Blockchain network Stratis has informed that it has gone into a long partnership with the reigning monarch of southwestern Uganda, a kingdom with a million population. King Oyo of Tooro Kingdom is the youngest monarch who was crowned at the age of three. King Oyo has a keen interest and...
The decentralized finance (defi) platform's earn rate changed lower for the very first time this month after the governance decision to deploy a semi-dynamic pay rate for the Anchor Protocol. Anchor Protocol's annual percentage yield (APY) has been stable at around 19.4 percent since the project began, but it...
The Argentine Central Bank, Banco Central de la Republica Argentina, has resolved to pause new crypto presentations by Argentine banks. The Central Bank has mentioned underlying concerns such as money laundering and high volatility as reasons behind this restriction. Earlier in the week, two major national banks in Argentina had...