Thank God I only had $20 worth of Eth on metamask and about the same on opensea and one NFT that I bought in the summer for $50 all gone accounts are showing zero. 99% of holdings are in cold 🥶 Worth to mention that my $6 of bitcoin and $2 of litecoin on Exodus…
Read more
The team said that authority over the automated market maker and farm programs have been paused, “for now.”
The accounting firm Mazars Group has stopped doing proof-of-reserves (POR) audits for cryptocurrency exchanges and the recently published Binance POR has been removed from the web. Mazars was conducting a number of POR audits for crypto exchanges like Binance, Crypto.com, and Kucoin following the FTX collapse last month. Mazars Group Pauses Crypto Company Audits, Binance […]
submitted by /u/dirtyhippy419 [link] [comments]
I know there’s been changes to ETH but I’m wondering is there a difference on coinbase if I buy the ETH token or ETH2? Is there an upside to buying the ETH2 token? Will the ETH token become obsolete? Thanks for the replies and educating me! submitted by /u/noface_reddit [link] [comments]
submitted by /u/Beyonderr [link] [comments]
Dogecoin (DOGE) has seen some of the worst declines in the last week. The meme coin is already down double-digits during this time and is also recording losses on the daily charts. While this is not out of the ordinary given the current crypto market trend, the digital asset has been pulled below important critical levels, which would imply more declines. DOGE Could Go Down Further Given Elon Musk’s recent radio silence on his crypto plans for Twitter and thus Dogecoin by extension, the meme coin has been unable to maintain its upward momentum. It is now down almost 50% from its most recent November peak of $0.15. But perhaps more concerning is the fact that its 15% decline over the last 7 days has dragged it down below the 50-day moving average. Related Reading: What Ethereum’s Rejection At $1,350 Says About The Cryptocurrency DOGE’s 50-day MA is currently sitting at $0.086, whereas the price of the digital asset has now fallen to $0.082 in the last 24 hours. Previously, the cryptocurrency had been on a bullish path as it continued to maintain its value above this level. However, a decline below this point shows that there is now less buying in the market. The meme coin is continuing to maintain above its 100-day MA of $0.075 but this could also be short-lived if the sellers continue to gain momentum in the market. If the price were to fall below the 100-day MA, it would turn forecasts for the digital asset to sell not just for the medium term, but for the long term as well. DOGE price at $0.082 | Source: DOGEUSD on TradingView.com The Weekend Impact The weekend is already established as a period of low volatility. This is because while the crypto market does not see a close of the trading week, the close of the broader financial markets impacts the market as well. It leads to less volume and less momentum in the market. Related Reading: Whale Accumulation Paints Bullish Picture For XRP Given this, it is important for cryptocurrencies such as DOGE to finish strong on Friday if they are to maintain a bullish trend through the weekend. Otherwise, the impact of this low volume can push the prices further down. If DOGE is unable to beat the $0.09 resistance level before the end of Friday, then it could see the $0.07 territory before the weekend is over. There is not much support for the meme coin at this level, so bulls will likely have to build support around $0.065 to hold off the bears if this happens. However, if the digital asset can finish strong above $0.09, then there is the possibility of a rally above $0.1. DOGE was trading at $0.0826 at the time of this writing, according to data from Coinmarketcap. It is down 5.85% in the last 24 hours and 25.83% in the last seven days. Featured image from Freepik, chart from TradingView.com
It looks like the account has received thousands of SOL in the last few minutes using admin wallet as a signer without having/burning LP tokens. As the tweet I'm linking says, the account can be found on Solscan at: AgJddDJLt17nHyXDCpyGELxwsZZQPqfUsuwzoiqVGJwD Also, the corresponding address on eth is funded via tornado and swap all USDC to…
Read more
submitted by /u/8512764EA [link] [comments]
Cardano has been on the downside since ADA reached an all-time-high of $3.10 back in September 2021. As of writing, the 9th top crypto has dropped 5% in the last seven days. In comparison, major cryptocurrencies like Ethereum lost over 4.5%, and Bitcoin shed 2% in the same timeframe. However, CoinMarketCap displays a rise in trade volume from $221,898,095 to $277,239,103, which represents an increase of over 25%. Nonetheless, as the price of ADA continues to decline, this could be the beginning of something else for Cardano. Macroeconomics At Play In response to persistently strong inflation in the United States, the Federal Reserve had to increase interest rates by 50 basis points, taking it from 4.25% to 4.50%. Despite the fact that inflation has been prevented from fully exploding since the Fed’s prior rate hikes, they still intend to boost interest rates to 5%, which could be a problem for Cardano investors. Related Reading: Solana: This Minor Hiccup Didn’t Discourage Investors From Acquiring SOL – Until Today ADA total market cap at $9.8 billion | Chart: TradingView.com Since the central bank’s interest rate hike, ADA’s price has broken through the $0.3 support level, however it failed to keep the momentum and is now trading at $0.28. This significant price decline suggests that the rumored Ethereum-killer might be losing its aggressiveness. Cardano’s TVL is only $71.05 million, compared to Ethereum’s $23.4 billion. Additionally, NFT sales on the ecosystem have decreased, exerting additional downward pressure on ADA’s price. On Optimism & Following The Right Path Despite the confluence of these events, the leaders of Cardano appear optimistic about the future. Related Reading: Bitcoin Price Crystal Ball – What Happens To BTC After Christmas 2022? Jerry Fragiskatos, chief commercial officer at Input Output Global, stated in an interview with crypto space influencer Scott Merkel that he believes Cardano is following the right path. “I think time will tell, and I think we’re taking the right approach,” he said. In addition, he compared the ecosystem’s dire state to the corporations that survived the dot-com bubble. This comment relates to analogies between the demise of FTX and the dot-com era of the early 2000s. He also discussed the manner in which ADA tokens are distributed to investors, highlighting the fact that there are few whales and ecosystem insiders. As Fragiskatos stated, only time will tell if ADA survives the current bear market.
