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Uniglo (GLO) Locks in 25% Gains During Presale Showing Signs of Upcoming Ethereum (ETH) and Shiba Inu (SHIB) Type Price Action
5.8.2022
A new cryptocurrency gem called Uniglo (GLO) is gaining much traction in the market. Barely two weeks into presale, Uniglo has already locked in 25% gains. As the project moves further into its presale, the price of its GLO token also continues to rise. According to analysts, its momentum shows...
Justin Sun Backs Ethereum Hard Fork as Merge Approaches
5.8.2022
Sun said he would support development on the old Ethereum network following the expected merge in September
Bitcoin, Ethereum Technical Analysis: ETH Rebounds on Friday, Climbing Above $1,700
5.8.2022
Ethereum rose above $1,700, while bitcoin snapped a seven-day losing streak on Friday, with prices rebounding in today’s session. The move came ahead of this afternoon’s payrolls report, which is expected to show that 250,000 jobs were added to the U.S. economy in July. Bitcoin Ahead...
Bitcoin and Ethereum Stuck in a Key Range, FLOW Surges Over 50%
5.8.2022
Bitcoin price climbed above the USD 23,000 level and is currently (10:44 UTC) trading near USD 23,160. BTC is up over 1% in a day and down 3% in a week.
Similarly, most major altcoins are trading in a key range. ETH might clear USD 1,680 and start a stronger increase. XRP might struggle to clear...
Citi: Ethereum’s Merge Will Have Several Consequences for the Blockchain
5.8.2022
Ethereum will probably become deflationary as token issuance decreases while the burn mechanism is maintained, the bank said
Justin Sun, Poloniex Back Plan to Create a PoW Ethereum Hard Fork
5.8.2022
Ethereum (ETH) miners fearing the worst should the network’s much-vaunted move to proof-of-stake (PoS) go ahead next month could be thrown a lifeline – with Justin Sun and his Poloniex crypto trading platform stating that they will provide support for a proposed proof-of-work fork (PoW)...
Hayes Asks ‘Forgiveness’ for Calling Ethereum a Shitcoin, Doubles Down on ETH
5.8.2022
Former BitMEX CEO Arthur Hayes apologized for calling Ethereum (ETH) a shitcoin years ago and argued that the Merge is “extremely bullish” for the price of ETH.
In his latest essay, Hayes took a look back at his previous statements on Ethereum, as well as a look forward to discuss the upcoming...
Meta Expands Instagram’s NFT Rollout to 100 Countries — Platform Connects With Third Party Web3 Wallets
5.8.2022
In a blog post called “Introducing Digital Collectibles to Showcase NFTs on Instagram,” the parent company of Facebook, Meta, announced the company has started an “international expansion to 100 countries.” The company also revealed integrations with specific Web3...
Bitcoin price reaches $23.4K on 4.6% gains amid 'very mixed' outlook
5.8.2022
A push towards the top of the intraday trading range places Bitcoin in line for a bull flag on daily timeframes
Bitcoin and Ethereum Hold Ground, FLOW Rallies
5.8.2022
Bitcoin price spiked lower but remained above the USD 22,500 support before recovering above the USD 23,000 level again. It is currently (04:00 UTC) trading near USD 23,180 and is almost unchanged in a day and down 3% in a week.
Similarly, most major altcoins are attempting a fresh increase....
Skybridge Estimates Bitcoin’s Fair Market Value at $40K and Ethereum’s at $2,800
5.8.2022
Skybridge Capital’s founder says bitcoin’s fair market value is about $40,000 based on adoption, wallet size, use cases, and growth of wallets. The asset management firm also estimated ethereum’s fair market value at around $2,800. Skybridge Capital on the Fair Values...
Fear of War, Monkeypox Causes Stock and Crypto Markets to Churn While Precious Metal Spike Higher
4.8.2022
Stock and cryptocurrency markets on Thursday saw volatility, after experiencing fluctuations during the tensions between China and Taiwan on Tuesday and Wednesday. Major indexes like the S&P 500, Dow Jones, and NYSE have shed a few percentages today, while the global cryptocurrency market...
Biggest Movers: BNB Hits 2-Month High, ETC Extends Recent Declines
4.8.2022
After extending recent gains, bnb rose to its highest point in two months during today’s trading session. The move comes following tweets from Binance CEO Changpeng Zhao, confirming a new partnership with Swiss watchmaker Franck Muller. Ethereum classic, on the other hand, was lower for...
Magnificent Start for Uniglo Presale as Bitcoin, Ethereum, & Fantom Are Turning Bullish
4.8.2022
Investors are always on the lookout for the next big thing, and Uniglo (GLO) is making waves in the world of cryptocurrency. The presale for this new coin just launched, and it’s already off to a tremendous start. Bitcoin (BTC), Ethereum (ETH), and Fantom (FTM) are all turning bullish...
Lido’s market dominance and Ethereum decentralization post-Merge
4.8.2022
Lido’s liquid staking derivative token has over 90% of the Ethereum market share as the network ultimately transitions to proof-of-stake
Bitcoin, Ethereum Technical Analysis: Crypto Markets Down Ahead of Friday’s Nonfarm Payrolls Report
4.8.2022
Bitcoin was trading lower on Thursday, ahead of tomorrow’s monthly nonfarm payrolls (NFP) report. The U.S. labor market has recently shown signs of slowing, following data this week reporting that nationwide job openings had fallen. Ethereum also dropped on the prospect of the NFP report...
Ethereum's L2 solution 'Optimism' rallies 300% in a month — will OP price gains sustain?
4.8.2022
Optimism eyes an increase in adoption after the Merge upgrade triggers Ethereum's "Rollup-Centric Roadmap."
Former Coinbase Manager Pleads Not Guilty To Wire Fraud Charges
4.8.2022
In what is described as the first insider trading case related to crypto in the US, a former product manager at major exchange Coinbase and his brother have pleaded not guilty to wire fraud charges.
The defense is based on the assumption that cryptoassets are not securities or commodities,...
Bitcoin and Ethereum Struggle to Clear Hurdles, Altcoins Dip
4.8.2022
Bitcoin price attempted an upside break above the USD 23,500 resistance zone. BTC struggled to gain momentum and declined below USD 23,000. It is currently (11:40 UTC) trading near USD 22,900 and is down over 2% in a day and is unchanged in a week.
Similarly, most major altcoins are also moving...
Nansen admits neglecting DeFi plans during the NFT craze
4.8.2022
Nansen has registered over 130 million addresses and has grown 30% despite the crypto downturn in 2022