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As the exchange rate gap between the US dollar and Argentinean pesos worsens, so does the possibility for Argentine footballers to get signed by international teams.
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The Central African Republic’s token sale appeared to have gotten to a slow start after less than 13 million out of the 210 million Sango coins were sold since the commencement of the sale on July 25. The country has claimed its decision to adopt bitcoin has won praise from “other African countries exploring the […]
The table below represents Brave initiated BAT purchases for July [so far]. Date Tokens Source 2022-07-26 27,165 Gemini 2022-07-25 350,000 Gemini 2022-07-12 456,216 Gemini 2022-07-11 400,000 Gemini 2022-07-11 375,000 Gemini 2022-07-09 299,905 Gemini Honestly, this monthly, built-in, buy pressure is my favorite part about the Basic Attention Token. As the Brave team continues to grow…
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Polkadot has surged on its chart by 4% over the last 24 hours. In the past week, DOT remained quite optimistic as it registered a 7% increase in its value. The price momentum has held on to bulls at the moment. After moving past the rigid resistance of $8, the bulls have regained strength. Technical outlook also pointed towards a positive price action for DOT. Buying strength of the altcoin has also noted an increase, which has contributed to rise in price. If demand remains consistent in the market, it would be easy for Polkadot to cross its next resistance mark. As Bitcoin continued to inch northwards and was trading above the $23,000 mark, altcoins have been positively affected by this price movement. Currently, the bulls are trying to maintain the recovery mode that DOT had displayed on its chart. The global cryptocurrency market cap today is $1.14 Trillion, with a 0.6% negative change in the last 24 hours. Polkadot Price Analysis: Four Hour Chart DOT was trading at $8.20 at the time of writing. The altcoin has managed to break past its tough resistance mark of $8. This has made the bullish force stronger in the market. The demand for the coin has also helped with the recovery. Overhead resistance for the altcoin was at $9 and incase DOT manages to trade above that level, it could soon enter the double-digit price zone. A fall from the current price level will however make DOT land up at $7.20 first and then at $6.87. Amount of Polkadot traded in the previous session fell slightly indicating that selling pressure might be trying to make an entrance on the chart. Technical Analysis The altcoin was quite bullish on the short time frame. It recently traded in the overbought zone as the coin staged a rally over the last 7 days. The buying strength has remained in the positive and has taken over selling strength too. The Relative Strength Index displayed a tiny downtick in buying pressure, although, the buying pressure remains a lot more than selling pressure at press time. Polkadot was above the 20-SMA line, a sign that the buyers were driving the price momentum of the altcoin. DOT was also above the 50-SMA and 200-SMA, a depiction of increased demand and bullish force in the market. Related Reading | Impressive Rally Puts Bitcoin Above $24,000, But Is $28,000 Still Possible? DOT’s technical outlook reflected a surge in demand on the four hour chart. Moving Average Convergence Divergence reads the price momentum and possible shift in the price action. MACD underwent bullish crossover and gave rise to green histograms above the half-line indicating bullishness and buy signal. Directional Movement Index reads the price direction and movement on the chart. DMI was positive as the +DI line was above the -DI line. Average Directional Index (Red) was above the 40-mark, this meant that the current price action was strong. Related Reading | Polkadot (DOT) Grinds 15% Higher Amid Sustained Buying Featured image from Invezz, chart from TradingView.com
submitted by /u/Clash_My_Clans [link] [comments]
Sorry if this question may sound stupid. Vitalik Butterin said that "in the medium to long term ZK rollups will win out in all use cases as ZK-SNARK technology improves." (https://vitalik.ca/general/2021/01/05/rollup.html#conclusion). It means that he truly believes in the power of zk proofs technology. He thinks that they may be the best answer to scale…
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Ripple’s general counsel has urged U.S. lawmakers to pass “sensible crypto legislation” amid a Securities and Exchange Commission (SEC) lawsuit over the sale of xrp. “Rather than providing regulatory clarity through rulemaking, the SEC is bullying crypto markets by filing unproven allegations masquerading as regulation,” he opined. Ripple’s Counsel Calls for ‘Sensible’ Crypto Regulation Stuart […]
My understanding is that there are 4 main factors in assessing a L1 or L2 solution: Security (how easy is an attack possible), scalability (how cheap is gas), finality (speed of tx), bridging (transferring funds from L1 <> L2). My question is, would the nature of the project itself be a factor in choosing which…
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