With the announcement of Taro, I wonder what that means for Ethereum. It seems like stablecoins, tokens, NFTs can be soon sent over the lightning network with bitcoin at it's core. This means secure, fast and cheap to transact. Lately I'm losing hope in ETH, wondering if gas fees will ever be reduced. What do…
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Title: Getting passive income in crypto feels amazing, but i hate to have money on exchange. Best Coins for ledger staking? I really like exchanges because they make staking easy. However im in the range, where i dont feel comfortable having more money on exchange even if i have the Jade Card (crypto.com) and would…
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The bullish setup emerges as Monero gears up to undergo a major hard fork in July 2022.
Two Japanese carmakers, Nissan and Toyota, have launched operations in the metaverse. Nissan’s virtual showroom can host vehicle launches and other events, while Toyota’s workspaces are being used to hold employee meetings. ‘Limitless Possibilities’ Japanese carmakers Nissan and Toyota have become the latest global corporations to join the metaverse after a report said the former […]
Bitcoin isn’t the king of cryptocurrency for nothing. Most major cryptocurrencies have dipped incredibly low on Saturday, and that includes Bitcoin (BTC) but it doesn’t seem to budge. Bitcoin was trading at $39,510 late Friday, down 4%, based on charts by Coingecko, which signals dangerous waters in trading. Traders have incurred monumental losses in equity with this trend. It’s a consolation though that right now Bitcoin and other cryptocurrencies are frequently linked to stocks in terms of volatility in interest rates and market values. Suggested Reading | Metaverse Tokens On Overdrive, Outpace Bitcoin And Ethereum The Big 4% Dip for Bitcoin Four percent might be too small to matter but it does to Bitcoin and all other cryptocurrencies. With that big dip, investors and traders are increasingly aware of the risks and have decided to wait on the sidelines and see what happens next rather than risk severe losses along the way. However, not taking action at the right time can hurt and decrease market returns. Altcoins also went further down compared to Bitcoin. Fundamentally, it is typical for altcoins to underperform when pitted with other cryptocurrencies especially BTC because it has a higher risk profile in comparison to BTC. Despite Dip, Bitcoin Remains Stable On a more positive note, technical indicators have shown that Bitcoin is meant to be more stable at $38,500 even with the reduced price momentum. Traders are always on the lookout for unexpected spikes in prices so the downtrend with BTC may make it entirely painstaking for options traders to generate profit in these erratic price swings. BTC total market cap at $755. billion on the weekend chart | Source: TradingView.com Suggested Reading | Move Over Bitcoin – Is Shiba Inu The Next Crypto Gold? Current trends circling the crypto and metaverse worlds can greatly impact how traders behave. For instance, when BitMEX co-founder Arthur Hayes said that there is an impending BTC price crash looking at around $30,000, there followed traders selling their BTC. This caused traders to sell their May and June option calls like crazy causing the risk reversals to drop from -6% to about -10% for both Bitcoin and Ethereum. Still A Bullish Trend With Bitcoin’s lowest low registering the past couple of days, this also highlights the minimized bearish sentiment on the side of options traders. Traders being cautious at this point in time are fairly predictable. Overall, the global cryptocurrency market trading activities have been significantly reduced at $1.88 with very minimal gains seen in the last 24 hours. Even so, the total trading volume rose to around 18%. While the very strict monetary policy has negatively impacted speculative assets like cryptocurrencies and stocks, the indicators clearly show that it will stay bullish for a little while. Featured image from EPA-EFE, chart from TradingView.com
Rumors are going around that Vitalik and Musk are working on something big, an entire crypto shop. Recent events with Elon going around and starting fights with billionaires like Bill Gates have been going around and that represents a real risk to his company and he will have to start investing in new ideas outside…
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I am a part of my uni's Blockchain Club and most of us are relatively new to this space. So we thought it would be a good idea to do some engaging Blockchain Projects. We were also looking to make a project that might help us in the long run by making some side money.…
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A16z, also known as Andreessen Horowitz, the venture capital (VC) company that has invested millions in crypto-related projects, has announced the launch of its own crypto research lab. This new initiative seeks to marry academic research with producing ideas and putting them into practice in startups and organizations in which the company is heavily invested. […]
Hey good folks from r/CC, wanted to let you all know that I have joined a big centralised exchange as a software developer, I am feeling great about it and wanted to share my journey with you guys. I started to learn programming at the age of 22, learned enough in 10 months while doing…
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Is Bitcoin ready to throw in the towel and allow Shiba Inu to snag its crypto gold status? Not likely. But, anything can happen. If you want a more reliable and stable trade then go for the kings of cryptocurrency, Bitcoin, and Ethereum. These two leading cryptocurrencies have been consistently moving on an upward trend for the past two years. However, Shiba Inu is getting more attention for its recent remarkable increase in market value at 0.12%. Was it just a lucky streak or is Shiba Inu primed to be the next crypto gold? Suggested Reading | Bitcoin Falls Back To $40,000 As Fed Mulls Faster Rate Bumps Shiba Inu Gains More Traction Why is Shiba Inu gaining that instant fame threatening the post of Bitcoin and Ethereum? Well, the Dogecoin killer Shiba Inu (SHIB) has performed way beyond the standards of a top-performing asset. The standard is around the figures of 2,000% or a little higher. However, Shiba Inu was able to surpass that in 2021. In fact, not even Bitcoin or Ethereum was able to reach that pinnacle of sorts. That humongous one-year gain by SHIB was enough for traders and crypto enthusiasts to compare Shiba Inu with Bitcoin and Ethereum. SHIB total market cap at $13.50 billion on the weekend chart | Source: TradingView.com Suggested Reading | Shiba Inu Kicks Off Metaverse Project; SHIB Rallies 14% In The Last 7 Days Despite the criticisms and naysayers, SHIB was able to go beyond the expectations of many. What makes SHIB more robust than ever in 2021 is the fact that it has worked doubly hard to increase its visibility to its target market. SHIB has amassed great profits in the past two years. It was able to increase its market liquidity and capitalization. The popular vote on the SHIB fence has also increased its following and investors. In fact, the SHIB community has grown so rapidly to more than 1 million. SHIB – The Most-Searched Crypto in 2021 Shiba Inu is also regarded as the most-searched crypto last year. It has clearly outperformed Bitcoin in terms of popularity and market value. It might be an issue of having too much information regarding Bitcoin and Ethereum. Clearly, SHIB is enjoying the spotlight and looks ready to ‘bark’ louder. According to Google Trends, the demand for Bitcoin has died down a bit in the past couple of months. Shiba Inu has dropped to 4% which gives more opportunity for a buy-in before the prices go up. The token’s relative strength index (RSI) is now below 50. Buying SHIB now will help crypto aficionados have that vantage point once the prices rebound. Featured image from NDTV Gadgets 360, chart from TradingView.com
