Make Sense Labs, a decentralized application firm backed by venture capitalist Tim Draper, now allows users of its social messaging app to earn rewards in crypto. According to an announcement from Make Sense, the technology company launched the crypto rewards feature on Monday on its Sense Chat app first developed in 2018. The app reportedly allows users to earn the […]
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The dawn of decentralized finance has fuelled a rapid growth in Ethereum’s daily transaction volume, with rising sustainability concerns due to the blockchain’s scalability shortcomings and unreasonable transaction fees. While the deployment of Ethereum 2.0 has commenced, it’ll likely take years before the update is fully integrated, causing unnecessary delays in the reshaping of the financial landscape as we know […]
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Bitcoin opened this week in negative territory as its price wobbled around a key support/resistance level of $57,000. The benchmark cryptocurrency was down 0.97 percent, trading for $57,639 ahead of the New York opening bell Monday. Its move downhill came as a part of a broader bearish correction that started after the price crossed $60,000 late last week. From then […]
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Bitcoin price is currently facing resistance near $58,250 and $58,500 against the US Dollar. BTC could dip in the short-term, but the bulls are likely to remain active near $57,000. Bitcoin recovered above $57,500, but it is facing resistance near $58,250. The price is still trading well below $58,500 and the 100 hourly simple moving average. There is a key […]
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Lee Hsien Loong, Prime Minister of Singapore, claims someone set up a profile on the social token platform BitClout to sell tokens using the information from his Twitter account. In a Facebook post Friday, Loong urged Singaporeans to “to remain vigilant when dealing with cryptocurrency platforms.” He said that someone had used BitClout to create one of the platform’s Creator […]
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ETH/USD The Ethereum project token ETH was rejected at the 21-day EMA near $1,715 on Sunday, March 28 and closed with a short red candle to $1,691. It was 5.2 percent down for the seven-day period as a direct result of the price pullback registered during the first three days of the week. On Monday, the leading altcoin started trading […]
Read moreFashion giants may be the next globally recognized brands to enter the expanding NFT metaverse. According to Vogue Business, several premium fashion houses are moving closer to releasing their own nonfungible tokens. The move follows the emerging trend of creating digital twins of products and services in the lifestyle and entertainment markets, such as art pieces, music, pop culture merchandise, […]
Read moreThe total crypto market capitalization reached the important milestone of $2 trillion on April 5. As cryptocurrencies increase in value, they are likely to attract further investments from institutional investors because they can no longer afford to neglect it. Less than three months ago, the crypto market had reached the $1 trillion in market cap for the first time ever. […]
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Leading U.S.-based cryptocurrency exchange Coinbase is all set to go public on April 14. Traders and investors will be permitted to start purchasing stock in the trading platform beginning then. Coinbase Will Go Public in Less Than Two Weeks It is a big deal that Coinbase has filed for an initial public offering (IPO) in the sense that no company in Coinbase’s shoes has […]
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