ETH/USD The Ethereum project token ETH went parabolic after touching the 21-day EMA at $2,217 on April 25. The coin grew by more than 25 percent on a weekly basis and closed the Sunday session at $2,950 – a newly established all-time high. The upcoming London hardfork which is expected to introduce EIP 1559 and significant gas fee structure improvements […]
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After more than $10 million was stolen through an exploit on the Rari Capital decentralized financial protocol, the platform is forming a plan to compensate affected users. On Monday, May 10th, Rari Founder, Jai Bhavani made a Medium post explaining that the protocol’s developers had agreed to return the 2 million Rari Governance Tokens (RGT) that were designated as developer […]
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Bitcoin Press Release: DeChart’s DCH token sale is now live on UniCrypt , giving control back to traders and fantastic staking opportunities. 9th May 2021, London, United Kingdom – One of the most important aspects of trading is historical trading data. It is vital for informing all trading decisions, suggesting the future of an asset’s trade pattern, and assessing an […]
Read moreFormer Finance Secretary Subhash Chandra Garg, who headed the committee that drafted India’s cryptocurrency bill, says that the government should not ban cryptocurrencies but regulate them instead. He further urges the government to encourage crypto services. Indian Government Should Regulate Cryptocurrencies and Encourage Crypto Asset Services Subhash Chandra Garg said Thursday at a virtual event organized by industry body Assocham […]
Read moreDecentralized crypto bank Kava Labs has announced its next project, Kava Swap, the first production ready cross-chain liquidity hub for all DeFi apps and financial services. Kava is a decentralized bank for digital assets providing users with stablecoins, loans, and interest-earning opportunities. Its platform offers decentralized leverage and hedging of major digital assets such as BTC, ATOM, and BNB, built […]
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Bitcoin, the world’s largest digital currency, remained stable in terms of price for the last 24 hours, but its network activity has jumped substantially during the same period. According to the latest data published by the on-chain cryptocurrency analytics platform, Santiment, Bitcoin whale addresses have accelerated the accumulation of BTC in the last few days. Large Bitcoin addresses added nearly […]
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Elon Musk may have taken DogeCoin (DOGE) for a bit of a ride this weekend. Reuters reported that the asset lost a third of its price on Sunday after the billionaire Founder of Tesla called DOGE a ‘hustle’ during his appearance as the host of Saturday Night Live (SNL). Indeed, the price of DOGE peaked at $0.72 on Saturday, May […]
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Equiti Capital, a subsidiary of Equiti Group, today announced that the company’s FX Desk has appointed financial services provider NatWest Markets as another Prime Broker. According to the official announcement shared with Finance Magnates, Equiti Capital has onboarded the new Prime Broker to diversify risk. Equiti Capital highlighted significant growth in the company’s FX Desk during the last few months. […]
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Morgan Creek Capital Management founder and CEO believes Bitcoin’s next market cycle could see the asset rival gold by market capitalization and trading for more than $200,000. While appearing on CNBC’s Trading Nation on May 9, Mark Yusko compared the rapid adoption of Bitcoin to the growth of FAANG companies — Facebook, Apple, Amazon, Netflix, and Google. “This is a […]
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