S&P 500 Spike Triggers Ether To Surge Past $2,930
The crypto market has persisted in tracking the stock market closely. The trend has been recently noted in the market performance of Ethereum, the second-largest crypto by market cap. ETH climbs as S&P 500 records gains Per data from crypto market behavior analysis platform, Santiment, following a positive close in the S&P 500 index the The post S&P 500 Spike Triggers Ether To Surge Past $2,930 appeared first on CoinGape.
Why Robinhood CEO Believes Dogecoin Is Better Than US Dollar
Dogecoin, the pioneer meme cryptocurrency, has been getting billed by its fans as a possible de facto internet transactional currency. Vlad Tenev, CEO and co-founder of Robinhood, has been the latest to highlight this possibility. Robinhood CEO suggests Dogecoin dominance roadmap In a Twitter thread, Tenev examined the advantages the Dogecoin blockchain already has that The post Why Robinhood CEO Believes Dogecoin Is Better Than US Dollar appeared first on CoinGape.
Can Avalanche outperform Ethereum? Messari report reveals…
Ava Labs Inc., the lead developer of the Avalanche blockchain, is in the process of raising a new round of funding, according to people familiar with the discussions. This news comes after Avalanche’s strong start to 2022 with promising data reported in the Q1. Let’s talk numbers! Messari formulated a report titled “State of Avalanche […]
Top Cardano (ADA) Whales Increase Supply Significantly
Data reveals a remarkable increase in the total supply of ADA held by whales as indicated in the supply ratio of the asset. ADA whales are stacking up According to a tweet by online behavior analytics platform Santiment, despite having plunged by 59% in the past 7 months after hitting its all-time high of $3.10, The post Top Cardano (ADA) Whales Increase Supply Significantly appeared first on CoinGape.
These Top Altcoins Are Expected To Surge On Institutional Demand
A recent crypto rally has largely favored altcoins, with most top tokens outpacing their bigger peers Bitcoin (BTC) and Ethereum (ETH). Institutional buying, which is a key factor behind the rally, could be set to balloon in the coming weeks. Top altcoins rose on Friday after exchange operator CME Group said it was launching indexes The post These Top Altcoins Are Expected To Surge On Institutional Demand appeared first on CoinGape.
WAVES risks 'death cross' plunge after price rallies 88% in six days
WAVES price has rallied to a historically significant level of resistance, raising death cross fears. A major rally in WAVES price this week that saw it nearly double risks faltering in the coming sessions due to a "death cross" technical pattern.WAVES price crashed 85% after 'death cross' in 2018A death cross measure appears when an asset's long-term moving average closes above its short-term moving average. Notably, on the WAVES' weekly chart, its 50-week exponential moving
WAVES Token Price Skyrockets by 100% In A Week On Binance Announcement
WAVES token more than doubled in value this week, after Binance said it would begin accepting the coin as collateral on its loans platform. The token is now trading at a three-month high of $20.5. The token’s trading volumes jumped more than 200% this week, after Binance said it would accept the token. WAVES has The post WAVES Token Price Skyrockets by 100% In A Week On Binance Announcement appeared first on CoinGape.
Gaming Giant Square Enix Dives Into Crypto Metaverse, Partners With Ethereum-Based Altcoin Project
Japanese role-playing game (RPG) industry giant Square Enix is teaming up with Ethereum-based metaverse altcoin The Sandbox (SAND) to revive a dormant medieval-themed RPG franchise. In a new blog post, The Sandbox says that they are partnering up with Square Enix to bring Dungeon Siege, an IP that follows a farmer and his companions on […] The post Gaming Giant Square Enix Dives Into Crypto Metaverse, Partners With Ethereum-Based Altcoin Project appeared first on The Daily Hodl.
Terra's Anchor Protocol erases 'crypto winter' losses, ANC price rebounds 300% in a month
ANC price risks becoming overheated, however, after a major rally. Anchor Protocol (ANC), the decentralized finance (DeFi) platform built on the Terra blockchain protocol, rebounded nearly 300% in over a month after bottoming out near $1.26.ANC price went as high as $4.97 on the Bitfinex cryptocurrency exchange on March 3, 2022, breaking above the previous record peak near $4.50 established on Dec. 3 last year. In doing so, the Anchor Protocol also erased all the losses it h
Cardano’s Total Locked In Value Records A $133.3 Million All-time High
Bullish activities have not slowed down in the Cardano ecosystem. Today, total value locked (TVL) on Cardano’s decentralized finance (DeFi) protocols has reached a new all-time high of over $134 million. Cardano seeing growing TVL and DEXs Per data from the DeFi TVL aggregator, Defillama, the TVL of Cardano’s DEXs has surpassed its previous high The post Cardano’s Total Locked In Value Records A $133.3 Million All-time High appeared first on CoinGape.
Solana price eyes $150 as SOL's 25% jump this week puts 'double-bottom' in play
The upside setup for SOL price appears despite Solana-based investment products seeing significant capital outflows. The price of Solana (SOL) may rise by over 45% in the coming weeks as the cryptocurrency intends to complete a double-bottom chart pattern against the U.S. dollar.A $150 SOL ahead?Double-bottoms typically appear at the end of a downtrend when the price falls to a low, rebounds, and returns to the level near the previous low. With bears unable to push the price
Terra's Mirror Protocol MIR rebounds 40% two days after crashing to record low
The massive move upside had MIR form a golden cross Mirror Protocol, a decentralized finance (DeFi) protocol built on the Terra blockchain, was hit by one of the biggest collapses in financial history this week after Vladimir Putin ordered military strikes against Ukraine. Terra tokens rallyMirror Protocol's native token, MIR, dropped to $0.993 on Feb. 24, its worst level to date amid a selloff across the broader crypto market. But a sharp rebound ensued, taking the price to
Beeple Co-Founded Wenew to Build Its Carbon Negative NFT Platform for Iconic Moments on Polygon
Mike Winkelmann aka Beeple is an extremely talented digital artist, animator, and art world disruptor, most famously known for being the first artist to have a digital piece sold via Christie’s famous auction house. Beeple has been a strong evangelist and supporter of NFTs, grassroots creators, and collectors, helping usher in considerable interest from theRead More
Circle Launching DeFi API to Lower The Barrier to Entry for Businesses
Circle has announced plans to launch its decentralized finance (DeFi) application programming interface. The company says its DeFi API will make it easier for institutions and enterprises to access lending markets such as the Ethereum-based Compound Finance (COMP), according to a blog post on June 24, 2021. Circle Launching DeFi API for Businesses Despite theRead More
Twitter Account of Popular Blockchain Game Splinterlands Suspended without Warning or Explanation
On Wednesday morning, the official Twitter account for Splinterlands was suddenly found in a state of suspension, prohibited from performing all actions on the social media platform. As a game that has primarily appealed to those involved in the blockchain and crypto industry, Splinterlands used its Twitter account to share updates and game resources toRead More
Introduction to NFTY Portal
The NFT’s recent rise in popularity has been a major driving force in elevating its status as one of the leading applications of DeFi and blockchain technology. NFTs help tokenize real-world assets and make them secure, permanent and invaluable. In fact, anything from a rare piece of art to a beautiful music composition can beRead More
IOST-powered NFT Gaming Platform CROSSLINK Announces Collaboration with Popular Japanese Voice Actor
NFT-based gaming platform CROSSLINK has announced that Japanese voice actor & singer Asami Imai has been voted as the first voice actor on TOKENLINK. Major Development on CROSSLINK CROSSLINK revealed this development today and stated that Asami Imai was selected based on votes of favorite anime characters. Asami Imai is a Japanese voice actor andRead More
Lloyd’s Auctions Offer Customers a Chance to Pay in Cryptocurrency
Lloyd’s Auctions has announced it will accept Bitcoin, Ethereum, and other popular cryptocurrencies payment for any of the items offered on its marketplace. Serving Crypto Enthusiasts’ Need The company has seen an opportunity to attract more funds by offering bidders the chance to pay with cryptocurrencies. Against a backdrop of volatile crypto markets recently, investorsRead More
Top 3 Best DeFi Coins to Purchase in July 2021
The first half of the year is almost over, and we are ready to start Q3 at full strength. What better way to do that other than hunting the best DeFi coins for amazing profits in the long run? Ready to find the crypto celebs of July 2021? Then let’s start! The DEFC – fromRead More