According to CoinGecko, the market value of Terra's stablecoin UST reached $17.5 billion on April 18, surpassing BUSD's $17.4 billion, becoming the third-largest stablecoin after USDT and USDC. Still, UST’s trading volume is very low being 1/5 transactions volume as compared to BUSD. DO Kwon tweeted that he's not even aiming for BUSD but…
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Less than 25k addresses own more than 10k rvn. 100-1000 rvn amounts to 22.53% of addresses that own rvn interesting statistics. Over 60% own less than 1,000 rvn submitted by /u/A-piece-ofToast [link] [comments]
submitted by /u/thuynguyen174 [link] [comments]
submitted by /u/ancientaddict [link] [comments]
Blockchain.com would be just the second crypto exchange to go public in the U.S. if it can perform an IPO before Binance.US which is attempting to do the same.
Be Media has begun an aggressive hiring process in the fields of blockchain development and project management following the acquisition.
A raft of new political and electoral integrity laws proposed in Ireland will see the banning of donations made in crypto to political parties in the country.
The Central Bank of Russia has emphasized the importance of moving forward with its digital ruble project. According to a statement by a top representative, the monetary authority has no intention to delay the trials despite not all invited banks being ready to participate yet. Bank of Russia to Experiment With Digital Ruble Payments This […]
Ethereum started a steady recovery wave above the $2,980 resistance against the US Dollar. ETH price is now facing a strong resistance near $3,080 and $3,100. Ethereum started a major upside correction from the $2,880 zone. The price is now trading above $3,000 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $3,070 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear $3,080 and $3,100 to start a strong upward move. Ethereum Price Recovers Losses Ethereum extended decline below the $2,980 support and the 100 hourly simple moving average. ETH even spiked below the $2,900 level, but it found a major support near $2,880. A low was formed near $2,880 and the price started a steady increase. There was a move above the $2,980 and $3,000 resistance levels. Ether price is now trading above $3,000 and the 100 hourly simple moving average. A high is formed near $3,068 and the price is now consolidating gains. It is trading above the 23.6% Fib retracement level of the recent increase from the $2,880 swing low to $3,068 high. On the upside, an initial resistance is seen near the $3,070 level. There is also a key bearish trend line forming with resistance near $3,070 on the hourly chart of ETH/USD. The next major resistance is near the $3,080 and $3,100 levels. Source: ETHUSD on TradingView.com A close above the $3,100 level might start a steady upward move in the near term. The next major resistance could be near the $3,150 or $3,220. Fresh Decline in ETH? If ethereum fails to gain pace above the $3,100 level, it could start a downside correction. An initial support on the downside is near the $3,020 zone and the 100 hourly simple moving average. The next major support is near the $2,980 level. It is close to the 50% Fib retracement level of the recent increase from the $2,880 swing low to $3,068 high. If there is a downside break below the $2,980 support, the price could start another decline. In this scenario, there is a risk of a move towards the $2,880 level. Technical Indicators Hourly MACD – The MACD for ETH/USD is now losing pace in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 level. Major Support Level – $2,980 Major Resistance Level – $3,100
