Decentralized exchanges (“DEXs”) have taken the financial world by storm. As of mid-February 2021, over $41B has been locked into DeFi, meaning over $41B has been locked into smart contracts on the decentralized finance ecosystem. In other words, that money is programmed into code and locked in. That figure is up from just over $1B […]
Charles Hoskinson Reveals His Vision of How Cardano Succeeds
Cardano’s creator, Charles Hoskinson, believes that the fifth-largest cryptocurrency could facilitate the “greatest wealth transfers in history” by creating a whole new lending and borrowing ecosystem that will boost growing economies around the world. Hoskinson shared his thoughts on what would constitute his vision of success for the platform via a live stream on March […]
ETH/USD Runs into Roadblock at 1811.31: Sally Ho’s Technical Analysis 22 March 2021 ETH
Ethereum (ETH/USD) gained ground early in the Asian session as the pair appreciated to the 1811.31 level after trading as low as the 1748.25 level during the European session, with the intraday high representing a test of the 50% retracement of the depreciating range from 1869 to 1748.25 and the 50-hour simple moving average. Chartists […]
BTC/USD Finds Technical Support Above 55540: Sally Ho’s Technical Analysis 22 March 2021 BTC
Bitcoin (BTC/USD) moved higher early in the Asian session as the pair appreciated to the 58158.41 level after trading as low as the 55543.89 level during the European session, with the intraday high representing a test of the 100-hour simple moving average, and the 61.8% retracement of the recent depreciating range from 59928 to 55543.99. […]
BTC/USD Finds Technical Support Above 55540: Sally Ho’s Technical Analysis 22 March 2021 BTC
Bitcoin (BTC/USD) moved higher early in the Asian session as the pair appreciated to the 58158.41 level after trading as low as the 55543.89 level during the European session, with the intraday high representing a test of the 100-hour simple moving average, and the 61.8% retracement of the recent depreciating range from 59928 to 55543.99. […]
Plasm Network Bringing In ZK Rollups Integration For Polkadot
Plasm Network, multi-virtual machines scalable smart contract platform on Polkadot, tweeted that ZK Rollups are officially on their way to Polkadot: “Update! Excited to inform you that milestone 1 of our ZK Rollups grant has been accepted by Web3 Foundation. Plasm is a ZKRollups compatible platform. We have successfully deployed one of the most complicated […]
Did Michael Sayler influence Elon Musk to buy Bitcoin?
An exchange of tweets back in December may well have been the tipping point that led to Elon Musk’s Tesla buying $1.5 billion Bitcoin according to Michael Sayler. In a recent interview with Time, Michael Sayler said that he believed his Twitter conversation with Elon Musk late last year was what induced the Tesla CEO to make […]
The Howey Test Is Unsuitable For Crypto Regulation Research Paper Argues
Ripple’s University Blockchain Research Initiative (UBRI) has funded the Fintech and Blockchain Collaboratory by Rutgers Center for Corporate Law and Governance led by Professor Guseva. This investigative collaboration has resulted in a research paper emerging that outlines the inconsistencies by the SEC with regards to regulating cryptocurrency. The Howey Test is a financial regultory function […]
Bitcoin Might Take a Bearish Turn Says One Of China’s Top Miners
In an interview with Chinese journalist Colin Wu (@WuBlockchain), Jiang Zhuoer, a Chinese bitcoin miner, said that bitcoin might turn bearish as the traditional economy recovers. Wu took to Twitter to summarize his interview, saying, “Jiang Zhuoer, one of China’s big miners, told WuBlockchain that according to the latest multiple model studies, the fastest will […]
What The Future Of NFTs Could Look Like As Per Multicoin Capital’s Mable Jiang
Mable Jiang, a partner at Multicoin Capital, noted down her new understanding of NFTs on Twitter. With the popularity gained recently, NFTs can be seen as a new form of value storage and transmission, compared to how they were viewed six months ago. Mable states that NFTs should be categorized concerning a specific medium instead […]