Cash flow from Bitcoin to the Ethereum market has significantly contributed to today’s price bump according to Lewis Harland, Decentral Park Capital’s portfolio manager. After consolidating for the past two weeks, the Ethereum (ETH) market has begun gaining traction over Bitcoin (BTC) during the early New York trading session on Tuesday. According to the latest crypto market data, Ethereum’s price rallied to a 24-hour high of around $1,886, up over 3 percent during the day. With over $30...
Read More »PancakeSwap DEX Launches Version 3 with Improved Performance & Lower Fees
The PancakeSwap DEX Version 3 also looks to introduce a “VIP” trading rewards program and a position manager feature down the stretch. PancakeSwap DEX has launched Version 3 on Ethereum and BNB Chain, offering improved performance and lower fees. According to reports, Version 3 introduces four different trading fee tiers of the cheapest on-chain trading fees among the decentralized exchange’s contemporaries. Notable counterparts, in this case, include Uniswap and SushiSwap. PancakeSwap’s...
Read More »401K Platform For Us All to Grant Customers Access to Crypto
For Us All – a 401K provider centered in San Francisco, California – is set to allow all its customers to use their 401K retirement funds to invest in digital assets like bitcoin, as well as several smaller altcoins. Overall, customers have the option of investing in as many as 28 separate crypto assets. For Us All to Give Customers Access to Crypto The choices will be available to For Us All customers through a specialized Coindesk Index, with Coindesk being a popular...
Read More »Arbitrum Foundation Offers Explanations to Alleviate FUD from ‘Unauthorized’ 50M ARB Token On-Chain Transfer
Ethereum Layer 2 governance platform Arbitrum Foundation has spoken out following the community FUD from its controversial ARB sale. The Arbitrum Foundation is taking heat for offloading 50 million ARB tokens on-chain without community consent. ARB’s value slumped 11% following the sale, with the Foundation explaining it utilized the proceeds in the DAO’s interest. The Foundation also revealed it loaned 40 million ARB from the total on-chain transfer to a financial markets player. In...
Read More »Over 40% of Singaporeans Own Crypto: Survey
43% of the 1,500 Singaporean respondents in a recent Independent Reserve survey said they own some amount of cryptocurrencies. In comparison, last year’s research estimated the figure to be around 40%, while the adoption levels were 43% in 2021 (during the bull run). 77% of the HODLers said they have two or more digital assets, with diversifying portfolios being the main reason behind the investment. The New Trends Following the Market’s Revival Apart from the surging crypto...
Read More »Memecoin Market Watch: Dogecoin Skyrockets 9%, Shiba Inu Up 5%
With the declining trading volumes during the weekend, bitcoin has stalled but remained north of $28,000. Most larger-cap altcoins are in a similar position, aside from Dogecoin and Shiba Inu. HBAR is also well in the green. BTC Settles Above $28K The massive volatility that bitcoin faced last week saw the asset dumping from over $28,000 to $26,500 in hours on Monday when the US CFTC went after Binance. However, that was just the start of the rollercoaster week that drove BTC...
Read More »Bitcoin Reclaims $28K, Closed its Third Best March in History (Weekend Watch)
Bitcoin bounced off in the last hours of March, reclaiming $28,000 and posting a 23% price increase for the third month of the year. Several altcoins are also well in the green, with ETH surging past $1,800, while SOL has returned to over $20. BTC Back Above $28K The primary cryptocurrency has been on a rollercoaster for the past several days. It dumped by $1,500 on Monday when the US CFTC sued Binance and Changpeng Zhao before the bulls intercepted the move and pushed the...
Read More »Cardano Blockchain Seeks to Become Largest EVM Chain with This Innovation
Milkomeda is working on a new feature that would allow Cardano users to use any EVM contract directly from any Cardano wallet. The Cardano blockchain has been recently working its way to becoming the top EVM chain in the crypto space. Milkomeda co-founder Sebastien Guillemot recently announced that the development can happen as early as next month. This is because Milkomeda is introducing a new feature that would allow Cardano users to use any EVM contract directly from any Cardano...
Read More »Bitcoin Cash Analysis: Bulls Remain Active Near $115
Bitcoin cash price started a fresh decline from the $138 zone against the US Dollar. The price is now trading below the $125 zone and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $122 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could start a decent increase if it stays above the $115 support zone. Bitcoin cash price is declining from the $138 zone against the US Dollar,...
Read More »Binance Announces Radiant Capital Integration to Its Launchpool
The Radiant Capital-Binance Launchpool development reflects the growing dynamism in the exchange’s staking platform. Decentralized, non-custodial lending protocol Radiant Capital (RDNT) has become the 32nd project onboarded to the Binance Launchpool. Reports say users can stake their Binance Coin (BNB) and TrueUSD (TUSD) into separate pools to farm RDNT tokens across 40 days. Farming commences on March 31st with a total Radiant Capital token supply of 1,000,000,000 RDNT. Binance also...
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