Cardano network has seen notable traction in terms of total locked value (TVL) that has been on a steady rise since the beginning of the year. DeFi TVL on Cardano Skyrockets The latest stats from DeFi TVL aggregator Defi Llama suggests the total value locked (TVL) on Cardano’s decentralized finance (DeFi) protocols has broken a new high of more than $188 million on March 14. The figures cross $270 million when staked governance tokens are added to the valuation of the...
Read More »Sequoia Capital Bets Big on Solana-Based NFT Marketplace Magic Eden: Report
Silicon Valley venture capital firm, Sequoia is betting big on the leading Solana NFT marketplace – Market Eden. OpenSea happens to be the leader in the NFT space, however, its dominance appears to be dwindling. There are now newer platforms backed by some of the biggest investors that may have been contributing to this trend. Magic Eden’s $27 Million Funding Round According to the latest reports, Magic Eden is set to announce $27 million in Series A. Leading the round is...
Read More »European Union Reportedly Votes Against Banning Proof of Work Cryptocurrencies
After weeks of debates and delays, the EU has voted against banning the use and mining of proof of work digital assets, such as bitcoin and ether. CryptoPotato reported earlier the Markets in Crypto Assets (MiCA) framework developed by the European Union, which had one rather threatening note that sought the de facto ban of PoW cryptocurrencies. The digital asset community, led by MicroStrategy’s Michael Saylor, opposed the draft, saying it could become a trillion-dollar...
Read More »Règlement Mica : l’amendement contre la preuve de travail n’a pas été adopté
La proposition MiCA (Markets in crypto-assets) pour une réglementation européenne des marchés des cryptomonnaies, a été aujourd’hui soumise au vote de la Commission des affaires économiques et monétaires du Parlement Européen. Soutenu par les Verts, le S&D et le GUE/NGL [1], mais rejeté majoritairement par les députés PPE, RE et ID [2], l’amendement qui proposait implicitement d’interdire aux plateformes de lister des cryptomonnaies...
Read More »bitcci announces The First Token Store on Earth
The Swiss startup “bitcci” has launched its first local token store in the heart of the emerging European crypto hotspot Northern Cyprus to market its own payment token “bitcci cash” to the general public. bitcci is a consortium of Swiss enterprises that is currently in the ICO phase and doing an IEO on several exchanges at the same time. The ICO’s soft cap of $5 million has already been reached. bitcci frees the sex business from tensions and problems by establishing a...
Read More »Stellar Lumen (XLM) Price Near Make-or-Break Levels
Stellar lumen price started a fresh decline from well above the $0.1900 zone against the US Dollar. XLM price is now trading near $0.1800 and the 55 simple moving average (4-hours). There is a crucial contracting triangle forming with resistance near $0.1850 on the 4-hours chart (data feed via Kraken). The pair could continue to decline if there is a clear move below $0.1750. Stellar lumen price is trading in a bearish zone below $0.1900 against the US Dollar, similar to...
Read More »Ripple Price Analysis: Bulls Eye Fresh Increase above $0.80
Ripple price is struggling to clear the $0.80 resistance zone against the US dollar. The price is now trading above $0.72 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.7450 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a fresh increase unless there is a clear move below the $0.7080 support zone. Ripple price is trading in a bullish zone above $0.7080 against the US...
Read More »Réactions au projet MiCA (réglementation européenne des marchés des cryptomonnaies)
La proposition MiCA (Markets in crypto-assets) pour une réglementation européenne des marchés des cryptomonnaies, sera soumise au vote de la Commission des affaires économiques et monétaires du Parlement Européen lundi 14 mars 2022 entre 13h45 et 14h45. Les 159 pages de la version finale du compromis établi par les différents groupes parlementaires sont disponibles ici. Certains amendements n’ont pas encore trouvé de compromis et doivent...
Read More »Binance Considers Obtaining a License to Operate in Dubai
Binance Holdings Ltd. is currently in deliberations over a license to operate in Dubai, thereby boosting its presence in the Middle East. This was first reported by Bloomberg, citing a ‘person familiar with the matter’. Binance anticipates an accreditation to operate as a service provider in the Dubai World Trade Centre ‘free zone’ as soon as possible. This comes after the EU clarified that crypto ‘is falling under the sanctions imposed by them upon Russia and Belarus’. The...
Read More »Scaramucci: BTC Will Hit $100,000 in 24 Months
Bitcoin hasn’t done super well as of late. The world’s number one cryptocurrency by market cap has ultimately lost approximately 20 percent of its value since the beginning of the year due to many harsh economic factors including the war in Ukraine and rising rates thanks to the Fed, but all this isn’t scaring Anthony Scaramucci, the former White House director of communications under Donald Trump. Anthony Scaramucci Has High Hopes for BTC Having started a bitcoin fund...
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