Summary: The Luna Foundation Guard has bought an additional 37,863 Bitcoin worth $1.5 billion The purchase is in line with Do Kwon’s goal of backing UST with digital asset reserves worth $10…
Categorie: Ethereum Worldnews
Bitmex’s Arthur Hayes Requests Leniency, No Jail Time for Violating the US Bank Secrecy Act
Quick take: Bitmex’s founder and former CEO, Arthur Hayes, has requested leniency from the judge handling his court case Mr. Hayes is requesting no jail time and permission to live abroad and…
Lido Finance with $19.1B in TVL, Edges out Curve as the Largest DeFi Protocol
Summary: Lido Finance has surpassed Curve finance to become the largest DeFi protocol in terms of total value locked Approximately $19.1 billion is locked on Lido Finance compared to Curve’s $19 billion…
Could LUNA Hitting a New ATH Ignite a BTC and Crypto Bull Run?
Terra (LUNA) has hit a new all-time high of $115.23 The LUNA Foundation is determined to keep buying Bitcoin Terra’s founder wants to increase LUNA’s Bitcoin reserves to $10 Billion and to…
Elon Tweets Video Explaining Everything About Dogecoin
Elon Musk has Tweeted a Youtube video that ‘explains everything’ about Dogecoin Elon’s was responding to a Tweet by the Director of Research at Ark Invest, Brett Winton Winton’s tweet featured a…
Bitmex’s Hayes: Ethereum Could Rise to $10k and Solana to $200
Arthur Hayes has predicted that Ethereum could go to $10,000 and Solana to $200 According to Hayes, Ethereum’s rewards in a PoS network makes ETH a bond Stakers on ETH2.0 could see…
Fantom Partners with Gitcoin Grants in $490M Incentive Program
Fantom and Gitcoin Grants have announced an incentive program partnership 335M Fantom (FTM) has been dedicated to the incentive program This translates to roughly $490 million Fantom users will determine the reward…
Zilliqa (ZIL) Gains by 4x in March on Metapolis Metaverse FOMO
Zilliqa’s price has risen by almost 400% in the month of March The price increment is hinged on the anticipated launch of its Metapolis Metaverse Metapolis will be launched on the 2nd…
EU, US Concerned Russia May Use Crypto to Avoid Sanctions
Quick take: Officials in the EU and US have expressed concerns that Russia might use cryptocurrencies to evade sanctions The EU is taking all measures to guarantee that digital assets will not…
Pantera Capital CEO: Bitcoin (BTC) Could Hit $115k after Halving
Quick take: Bitcoin (BTC) has once again reclaimed $9,000 with 5 days until halving. Pantera Capital’s CEO, Dan Morehead, sees a scenario where BTC hits $115,212 by August 2021. His analysis is…
BitTorrent (BTT) Throws Another Jab at Filecoin (FIL)
In brief: In a recent tweet, the team at BitTorrent (BTT) has highlighted why the BTFS file system is better than Filecoin (FIL). The teams behind both projects have been throwing jabs…
Robinhood Secures $280M in Series F Funding, Plans to Expand Globally
In brief: Robinhood has secured $280 Million Series F funding after an $8.3 Billion valuation. The funding will drive a push to expand the platform globally. Robinhood also plans on scaling the…
PegNet Launches Mobile Wallet for Android
The fully-decentralized network of stablecoins, PegNet, announces the launch of the first mobile wallet for Android users to easily convert pegged asset tokens. PegNet wallet hosts 42 stable pegged asset tokens of…
EMX Exchange Halts Trading of USOIL-Perp After Crude Oil Crash
In brief: Everyone was shocked when US Oil prices hit zero and global futures contracts fell hard into negative territory. Such an event had not been anticipated by the team at the…
Ethereum’s (ETH) Price Holds $168 Support Amidst Historic Oil Dump
In brief: The price of US Crude oil fell hard to $0 with its futures contracts going as far down as $-40. The once in a lifetime event, shook the crypto markets…
XRP’s Price Could Keep Falling as Holders Decrease
In brief: A new report by eToro and The Tie shows that the number of Twitter users discussing XRP has fallen drastically. The report also indicates that members of the XRP army…
Justin Sun Baffled By a Jump in New Tron (TRX) Accounts
In brief: On the 19th of April, the Tron network recorded its highest daily increase in new accounts. This feat was noticed by a senior Tron Community member. Justin Sun was baffled…
Why Staking Crypto such as TRX, KAVA and more is Gathering Steam
In brief: The Coronavirus crash of mid-March has resulted in a lot of crypto traders being cautious. The dominance of stablecoins is proof that they are waiting for favorable crypto conditions to…
Why $7,050 is the Level to Watch During Bitcoin’s (BTC) Weekly Close
In brief: Bitcoin (BTC) encountered massive resistance as it tried to break $7,300. At the same time, its trade volume has been dropping together with its dominance in the crypto markets. In…
Stimulus Checks and Hedge Funds, Why Bitcoin (BTC) is headed to $8,000
In brief: Evidence points towards US citizens using there $1,200 stimulus checks to buy Bitcoin (BTC). Grayscale Capital’s recent quarterly report provides a clue as to institutional interest in Bitcoin (BTC). The…