Crypto news

The decentralized finance protocol OlympusDAO collaborated with Balancer to set up OHM as a liquid asset within the latter’s network. CopperLaunch and PrimeDAO will facilitate the front end of the Liquidity Bootstrapping Pools (LBPs) by adding OHM as a collateral token. The Specifics of The Project According to a document seen by CryptoPotato, the decentralized reserve currency protocol – OlympusDAO – will initially deploy $50 million of liquidity to Balancer Protocol. The...

Tesla is now accepting Dogecoin payments for merchandise. The news was made official late last week when billionaire CEO Elon Musk announced the company’s decision on Twitter. Dogecoin Is a Powerhouse Cryptocurrency Dogecoin’s price has since shot up by more than 12 percent. As it stands, not all items are subjectable to Dogecoin purchases. Thus far, the only two items that users can purchase with Doge are Tesla-brand belt buckles and all-terrain vehicles for children,...

Bitcoin is currently testing a crucial support area holding the price for the past several weeks. The next days or even hours will likely determine which direction BTC will head to in the short term. While a bullish reversal is probable if the level holds, there is the possibility of a bearish breakdown, leading to another long liquidation cascade below the $40K mark. Technical Analysis Bitcoin’s price has been in a strong downtrend since the $69K top during the first half of...

Moody’s Investors Service recently claimed that El Salvador’s Bitcoin trading activity is boosting the nation’s risk of default. Like most other groups to speak out against the experiment, President Nayib Bukele publicly disregarded their opinion. Moody’s Take On El Salvador The ratings agency discussed El Salvador’s Bitcoin-related risks in conversation with Bloomberg last Wednesday. Analyst Jaime Reusche claimed the country’s Bitcoin holdings “certainly add to the risk...

Animoca Brands has raised $360 million in a fresh round of funding. As such, the valuation of the Hong Kong-based company has doubled since October 2021 to $5.5 billion. The latest round of investments was led by Liberty City Ventures along with Winklevoss Capital and Soros Fund Management. Rise in Valuation in Line With NFT Boom The dramatic spike in Animoca Brand’s valuation comes in the wake of the global NFT business growing from under $100 million in 2020 to nearly $25...

ADA price started a fresh increase from the $1.08 zone against the US Dollar. The price is now trading above $1.40 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.44 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to stay above the $1.40 zone. Cardano price is gaining pace above $1.40 against the US Dollar, unlike bitcoin. ADA price could start another...

Die Mass Adoption findet statt. Doch sie verläuft anders, als viele es sich vor 10 Jahren vorstellten. Statt einer flächendeckenden Bitcoin-Adoption, versuchen große Unternehmen vor allem ihren eigenen Cryptocoin einzuführen. Crypto News: Walmart plant eigenen CryptocoinAm Wochenende sind Patente öffentlich geworden, die belegen, dass Walmart nicht nur an einem eigenen Cryptocoin arbeitet, sondern auch in den NFT-Markt einsteigen will. Ursprünglich hatte sich die Retailer-Kette noch gegen...

Ethereum price started a fresh decline from the $3,400 resistance against the US Dollar. ETH price is now trading below $3,300 and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $3,300 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down below the $3,200 support zone. Ethereum price is struggling below $3,300 against the US Dollar. ETH/USD remains at a risk of a sharp decline if...

INTERNET CITY, DUBAI, Jan. 17, 2022 – LBank Exchange, a global digital asset trading platform, will list Battle Esports Coin (BES) on January 20, 2022. For all users of LBank Exchange, the BES/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on January 20, 2022. The current eSports market is largely capitalized by corporate sponsors, it’s not easy and efficient enough for players to realize monetization via current B to C structure. To solve...

INTERNET CITY, DUBAI, Jan. 17, 2022 – LBank Exchange, a global digital asset trading platform, will list Clifford Inu (CLIFF) on January 20, 2022. For all users of LBank Exchange, the CLIFF/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on January 20, 2022. As a highly deflationary token on the Ethereum blockchain, Clifford Inu (CLIFF) never stops growing through the use of true deflationary techniques and further income generation for the...