Bitcoin Resumes Consolidation; Will BTC Plunge Below $38K?


The value of decentralized cryptocurrencies was supposed to remain higher despite the movement woes. Bitcoin remains the domain leader with an absolute market capitalization of USD 719 billion, which is more than twice of next in line Ethereum. Despite carrying the highest market capitalization...

Bitcoin and Ethereum Consolidate, Best Performer WAVES Trims Gains


  Bitcoin price tested USD 37,550 before recovering and is currently (11:56 UTC) consolidating near USD 38,300. BTC is unchanged in a day. Similarly, most major altcoins are consolidating losses. ETH is stuck near USD 2,500, with many hurdles near USD 2,600. XRP is showing a few positive signs...

The US Dollar Continues the Rally as Euro Keeps Sliding


The second week of the ongoing invasion of Ukraine seems to have impacted the forex market for the Euro and other European currencies as well. The US dollar keeps a steady rally against, particularly against Europe and Japan, according to the US Dollar Index. The uncertainty of political alliances...

Fantom, Other DeFi Tokens Shaken as Top DeFi Developer Andre Cronje Quits


  The well-known decentralized finance (DeFi) developer and creator of Yearn.Finance (YFI), Andre Cronje, has left the DeFi space, one of his closest collaborators has announced on Twitter. The news sent the price of several tokens of protocols Cronje had been involved in into a freefall, but some...

Epic Games and Activision Blizzard Will Not Be Sold in Russia


The invasion of Russia on Ukraine is taking a toll on Ukrainians. Call it a work of Karma, but Russia is also facing several issues due to war. Apart from a dent in its economy and currency, Russia’s video game market is facing a crisis of its own. Activision Blizzard and Epic Games have joined...

Exnetwork and Omniflix Network Collaborate to Create a P2P Network


Omniflix Network was formerly known as FreeFlix Media Network. It is a P2P media network that focuses on creators and communities. Omniflix Network functions with the objective to enable creators and communities to create, distribute, and monetize their media assets. The network ensures that every...

Crypto Can Better Deter Sanction Evasion Compared to TradFi - Coinbase


  Crypto's transparent nature makes it a terrible choice for those who want to evade sanctions, said Paul Grewal, Chief Legal Officer (CLO) of major crypto exchange Coinbase.  Following Russia's invasion of Ukraine, the US and its allies imposed an extensive round of sanctions on a number...

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