Bitcoin Price Falls Below $39,000, Traders Predict A Weekend ‘Oversold Bounce’
Traders forecast a weekend oversold bounce after Bitcoin price hit an intraday low of $38,750. Bitcoin price and the wider cryptocurrency market suffered another decline on March 4, which comes on the heels of the global economic consequences from the ongoing conflict in Ukraine. The Russia-Ukraine war continues to weigh heavily on a majority of […]
Stablecoins: A General Overview Of What They Are, How They Work, And How To Buy Them
Stablecoins are created to remove price fluctuation associated with other kinds of cryptocurrency. They provide crypto users with more benefits, in terms of less volatility. Stablecoins are kinds of cryptocurrencies whose values are pegged to the value of real assets like the US dollar. These coins were developed as a tool of response to the […]
Crypto Sanctions Hit Hard On MetaMask In Venezuela
MetaMask and Infura raised concerns about the accidental restriction of its users to access its services in compliance with US sanctions. Crypto sanctions have been cried out by angry crypto enthusiasts when allegations arose on Reddit on Thursday that MetaMask, a popular gateway to the Ethereum world, had been made inaccessible to users in Venezuela, […]
Bitcoin Mining Moratorium Bill In New York Rallied By Huge Support
The proposal to ban Bitcoin mining in New York State for three years is gaining momentum with support rallying round it by members of its Assembly. Bitcoin mining ban using fossil fuel-powered proof-of-work has gathered support from two additional Assembly in New York State proposal to ban the activity for three years across the state. […]
LUNA Topples Ethereum To Become Second Largest Network For Staked Value
According to recent data, LUNA records a staggering 226,325 stakes, which for $29.5 billion, thereby pushing the network into second place (above Ethereum) in staked value. LUNA has toppled Ethereum (ETH) in terms of staked value, according to Staking Rewards, with $29.5 billion worth of LUNA locked up compared to Ether’s $25.9 billion. According to […]