Crypto EcoBlog
With a market capitalization of approximately $126 million, the Milady Meme Coin saw its trading volume rally above $199 million. Tech billionaire and Tesla Inc (NASDAQ: TSLA) CEO Elon Musk, has once again proved his influence in the meme coin industry through a tweet of Milady NFT. As a result, the price value of Milady-related tokens skyrocketed in the past 24 hours with increased demand demonstrated by a sharp uptick in traded volume. For instance, the floor price of Milady NFTs jumped...
Read More »John Oliver Last Week Tonight: Cryptocurrencies II
John Oliver hat vor kurzem eine neue Folge ganz einem Thema gewidmet: Cryptos. Und es geht dieses Mal einmal mehr nicht wirklich um Bitcoin, sondern um Kryptos und Firmen wie Terra, Celsius und FTX. Die Folgen der John Oliver Show erscheinen jeweils regelmässig auf Youtube: John Oliver ist ein britischer Comedian und Moderator, der mit seiner Show „Last Week Tonight“ auf HBO weltweit bekannt geworden ist. Die satirische Nachrichtensendung hat sich zu einem Publikumsliebling entwickelt und...
Read More »Tether (USDT) Emerges as Prefered Stablecoin amid US Banking Crisis with Over $86B in Total Supply
The stablecoins market is expected to significantly grow amid the mainstream adoption of Bitcoin and other digital assets globally. The rise of the Tether (USDT) stablecoin has been undisputed for several years. The Tether (USDT) stablecoin runs on more than 10 blockchains including Ethereum, Binance Smart Chain, Polygon, and Tron, among others. On the Ethereum network, Tether (USDT) has more than $36 billion in supply with about 4.3 million holders. The Tron network holds a vast amount of...
Read More »Ethereum Price Analysis: ETH At Risk of Downside Break
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ethereum price is gaining bearish momentum below the $1,885 resistance against the US Dollar. ETH price is now trading below $1,885 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $1,885 on the 4-hour chart (data feed from Coinbase). The pair could...
Read More »Ethereum-Preis: 3’000 ?
In den letzten Jahren hat die Kryptowährungsbranche ein enormes Wachstum verzeichnet, und Ethereum ist dabei zu einem wichtigen Akteur in der Welt der Blockchain-Technologie geworden. Ethereum ist eine dezentrale Plattform, die es Entwicklern ermöglicht, Smart Contracts und dezentrale Anwendungen (DApps) auf der Blockchain zu erstellen. Der Preis von Ethereum ist seit seiner Einführung stark gestiegen, und es gibt eine Reihe von Faktoren, die dazu beitragen könnten, dass der Preis in Zukunft...
Read More »Hydra Upgrade: Cardano’s Layer 2 Scalability Solution Launches on Mainnet, Here’s What to Expect
The Cardano community is expecting at least, three key releases from the platform this year. Cardano may have taken its quest for scalability to another level with its Hydra upgrade which has now gone live on mainnet. The update was shared by Input Output Hong Kong (IOHK), the start-up behind the Cardano protocol. According to IOHK’s Twitter announcement, the first Hydra head has opened on the mainnet. For clarity, the Hydra head is the first member of the Hydra family protocol. And...
Read More »Stripe Expands Access to Its Fiat-to-Crypto Onramp with New Hosted Option
The Stripe-hosted onramp was created with Web3 companies in mind. It is designed to cater to their varied use cases. Stripe, a financial infrastructure provider for businesses, has launched a fiat-to-crypto onramp to make it easier for Web3 companies to help their US-based clients to buy cryptocurrency. According to a Thursday release by the firm, it is also making the onramp to all Web3 users, including those on the waitlist. Businesses that provide crypto and blockchain-enabled products...
Read More »US SEC Reverses Decision to Officially Define Digital Assets
While enforcement actions have been a focus for the US SEC in the crypto industry lately, some crypto exchanges are now making efforts to expand into other territories. The United States Securities and Exchange Commission (SEC) has taken a step backward by withdrawing from its decision to classify digital assets. The regulator achieved this by removing the first official definition of “digital asset” from its most recent household hedge withdrawal regulations. Notably, the SEC first...
Read More »FTX Officials Seek to Recover Over $3.88B from DCG-backed Genesis Global
The officials claim FTX-affiliated Alameda Research had largely repaid the $8 billion borrowed from Genesis Trading, a few weeks before the former filed for Chapter 11 bankruptcy protection. The bankrupt FTX and Alameda Research officials are stopping at nothing to recover lost funds by the former administration led by Sam Bankman-Fried (SBF). The crypto exchange under John J. Ray III, Chief Executive Officer and Chief Restructuring Officer, has sued several entities including soliciting...
Read More »Bitcoin (BTC) Price Jumps Past $29,000 Soon after Fed Rate Hike
Amid the unfolding banking crisis and interest rate hikes, Bitcoin has been showing strong resilience attempting another breakout above $30,000. On Wednesday, May 3, the US Federal Reserve announced another 25 basis points rate hike taking the US funds rate to more than 5% for the first time since 2007. In hours after the Fed announced the rate hike, Bitcoin (BTC) made a quick surge of more than 2% taking the price above $29,000. This Bitcoin price surge amid the recovery in the broader...
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