I'll be totally honest, I don't tip Moons very often and I have never once given out any of my BAT earned from Brave Rewards. As a former service industry worker, however, I have always tipped generously (usually with cash, even on credit purchases) in person. Handing away my earned tokens online just somehow feels…
Read more
A Coinbase user claimed the crypto exchange “boldly flouts federal and state laws” by not completing the proper registration as a securities exchange in the United States.
Index Coop has just published a new blog article breaking down the ESG impact of the Merge. https://preview.redd.it/oeb7plfmmhj91.png?width=3001&format=png&auto=webp&s=b8dc2ea1b8dce3b7ad8a8941ec8d8f1cb75dc4ad Here is by far my favorite quote: “If you value blockchains as nations, Ethereum will become the greenest digital or physical nation in existence after the move from proof-of-work to proof-of-stake,” said Paul Farella, Managing Director of…
Read more
submitted by /u/Dayetison [link] [comments]
First of all, in my opinion the clients of Coinbase and Kraken have grounds to sue them and the Treasury. We as an industry have extreme malelovent, diverse, numerous political enemies in DC that you greatly underestimate. It is there goal to use the executive branch to force Coinbase to do a hard fork, and…
Read more
submitted by /u/skramzy [link] [comments]
Cosmos was a notable gainer on Tuesday, as prices of the token rose by as much as 12% in the day. Today’s surge sees the cryptocurrency climb for a third straight day, hitting a five-day high in the process. Near protocol was also in the green, as it rebounded following recent declines. Cosmos (ATOM) Cosmos […]
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss what factors lead to the collapse of the bear market rally.
EGLD, Elrond Network’s native coin, was able to break free from a falling wedge pattern during an uptrend seen on August 20. According to CoinMarketCap, EGLD is up by 0.77% or trading at $53.58 as of this writing. It can be remembered that EGLD had a stirring bull run last month that has propelled the coin to a spike of 16%. However, since then, the coin has had a massive double-digit decline this August. EGLD apparently treads the same direction with major crypto Bitcoin that has experienced the extreme downswing that affected the crypto market this month. An extrication spotted at a falling wedge usually ticks a spike in price. However, is this surefire sign to go all-in for EGLD? Related Reading: Polkadot (DOT) Hits The Brakes At $7.34 After Brief Recovery EGLD Hints At Potential Downtrend On the daily graph, EGLD’s key indicator shows that the trading momentum is routed in such a way that dispels the belief of a potential bullish reversal. RSI for EGLD looks bleak as it is positioned at 39 or under the 50-neutral region. More so, the coin’s MFI is set at 35 hinting a downtrend. The CMF dynamic line is also at -0.09 or set under the central line (0.) which implies a disturbing plunge in terms of pressure on the price of EGLD. Chart: TradingView.com The downtrend is further validated by the coin’s MACD positioning which is composed mainly of red histogram bars. Since August 15, the MACD line is spotted crisscrossed with the trend line in a downturn. This strongly indicates the increase in EGLD selling pressure seen in the past couple of days. Related Reading: Fantom (FTM) Hit By Bearish Sentiment Despite Logging Over 300,000 Active Users Elrond Down In Social Metrics Since early August, EGLD doesn’t seem to climb significantly in terms of social metrics. While EGLD did jump to a social high of 0.144% on August 9, it nosedived real quickly by 86%. Some 13.35 million EGLD coins were staked on Elrond in the past week. The week before that, 13.33 million EGLD coins were staked. More so, Maiar Exchange was able to record a 13% decline in TVL the past week. There were no important updates implemented on the network. As of press time, EGLD’s social dominance is at 0.019% which shows an 86% drop compared to its high seen on August 8. Since there have been no major updates to the network’s ecology in recent months, progression has been nosediving for several months. Elrond Network has processed 55.29 million transactions over the past few days, a 5% decrease over the 54.73 million transactions processed over the last week. Crypto total market cap at $1 trillion on the daily chart | Source: TradingView.com Featured image from Somag News, chart from TradingView.com
Of course there’s those exceptionally YOLO plays that traders make from time to time….but overall I feel like retail is NOT selling at a loss. Many if not most even are DCAing at these levels understanding sure it could go lower, but in 2-5 years the prices even today will be looked at as a…
Read more
