The cryptocurrency market has been flooded with countless new coins in the last few years. Several altcoins have tried to challenge the supremacy of Bitcoin. However, the king of cryptocurrency continues to reign supremacy among crypto enthusiasts. According to the numbers presented by AugustaFreePress here, 75% of US crypto owners have Bitcoin in their portfolio. 40% of US crypto owners have Dogecoin in their portfolio According to a recent...
Read More »Will it be possible to pay in the UK with stablecoins?
London by Night Foto CC0 Public Domain via Unsplash In the United Kingdom, a bill is ready that aims to regulate stablecoins as a means of payment. The aim is to match emerging technology with existing financial services rules. Regulating stablecoins The UK Treasury has said that it wants to regulate certain types of stablecoins. The bill – which seeks to make stablecoins a means of payment – aims to phase out the current legislation. The...
Read More »Celsius kündigt Bankrott an
Der nächste größere Cryptocoin hat sein Ende gefunden. Celsius war erst 2019 als Lending Plattform gestartet und erlebte vor allem im Winter 2020 einen Bullenrun, der den zugehörigen Token in die erste Liga der Cryptocoins katapultierte. Doch jetzt ist alles aus und vorbei. Crypto News: Celsius kündigt Bankrott anIm Sommer 2021 erreichte Celsius sein Allzeithoch, welches bei über 8 US-Dollar pro Einheit liegt. Doch seitdem ging es stetig bergab. In der Bärenphase der letzten Monate sank der...
Read More »ETH 2.0 Deposits auf neuem Allzeittief
Der Marktcrash hat alle Cryptocoins hart getroffen. Doch Ethereum kristallisiert sich als einer der größten Verlierer der aktuellen Marktlage heraus. Bei den täglichen Deposits zeigt das Netzwerk nun ein neues Allzeittief bei den Staking Pools. Ethereum News: ETH 2.0 Deposits auf neuem AllzeittiefÜber einen Staking Contract im ETH 2.0 Netzwerk müssen mindestens 32 ETH eingezahlt werden, um über das Staking „Zinsen“ zu erhalten. Glassnode konnte in den vergangenen Tagen einen deutlichen...
Read More »3 Gründe warum TRON bald abheben könnte
Der TRON-Kurs könnte jetzt im Vergleich zu BTC nach oben ausbrechen. Ist es möglich, dass der TRON-Kurs das ATH erreicht, wenn nicht sogar überschreitet? Der TRON-Kurs steht kurz vor einem bullischen Ausbruch Der TRON-Kurs steht kurz vor einem zinsbullischen Ausbruch. TRON könnte bis zum nächsten Fib-Widerstand bei etwa 0,0000082 BTC aufsteigen, wenn er den Widerstand des Goldenen Schnittes bei 0,00000312 BTC durchbricht. Andererseits müsste TRON den Goldenen Schnitt bei etwa 0,000013 BTC...
Read More »Risk-Aversive Bets Reigned Amid Terra’s Notorious Plunge (Report)
Crypto exchange Bybit collaborated with blockchain analytics platform Nansen to publish another monthly report on the state of the crypto industry. It focused on the broader market condition, DeFi activities, and NFT markets. The paper regarded Terra’s notorious collapse as fundamentally destructive to the nascent crypto community but beneficial to other Layer-one competitors since they have attracted the outflow capital derived from the fallen community. Investors Adopting a...
Read More »Investors Shouldn’t Abandon Crypto Because of Terra’s Collapse, Says IMF’s Managing Director
According to Kristalina Georgieva – the Managing Director of the International Monetary Fund (IMF) – the recent fiasco with LUNA and UST should not become a reason for people to turn their backs on the cryptocurrency industry entirely. Unlike her previous statements, she praised the “faster service, much lower costs, and more inclusion” that the asset class provides. Not all Digital Assets are the Same Terra’s native token – LUNA – and its algorithmic stablecoin – UST – were...
Read More »Bloodbath: Half of Top 30 Cryptocurrencies 80% Below ATH
As BTC gets rejected from $30,000 and ETH slides below $2,000, the broader crypto market is deep in the red zone. As of now, half of the top 30 cryptocurrencies are 80% (or more) down from ATHs. Altcoins in Bloodbath After major cryptocurrencies hit ATHs last November, with Bitcoin touching the $69,000 level at one point, a months-long bear market has brought 15 of the top 30 cryptocurrencies 80% down from their record highs. As the selloff extends in time with no signs of...
Read More »Ethereum Price Analysis: ETH Could Nosedive Below $2K
Ethereum price started a fresh decline from the $2,500 zone against the US Dollar. ETH price is now trading below $2,200 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2,100 on the 4-hours chart (data feed from Coinbase). The pair remains at a risk of more downsides towards the $1,650 support level. Ethereum price is struggling below $2,200 against the US Dollar. ETH/USD remains at a risk of more downsides if...
Read More »Ethereum Price Analysis: Despite the Recent Increase, ETH Is Still At Major Risk
Early this week, the crypto market turned green. During the last two days, altcoins have outperformed BTC, and this includes ETH. The latter was able to reclaim the $2K mark. However, is the storm over? Technical Analysis Technical Analysis By Grizzly The Daily Chart Ethereum is near a critical support level that might hold up the price in the daily timeframe. Moreover, by looking at the RSI 30-day indicator, it is evident that prior bullish legs have occurred when the RSI...
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