WAVES recovers more than 120% in just two days. How did he do it?
WAVES was one of the coins that was most affected by Terra’s death spiral, however, it has also recovered very strongly. What is behind this uptick?, here we find out. At the time of this writing, WAVES is trading at $9.58, accumulating a gain of 8.07% in the last 24 hours and 93.83% in the…
Margaret Reed
Uptick in Cardano development activity boosts ADA price
The Vasil hard fork, from the Cardano network, is close to happening, which has been causing a lot of entries on the Github of said project. With this, Cardano’s development activity reached a new all-time high, in turn generating a significant rebound in the ADA price. At the time of this writing, ADA is trading…
Tron (TRX) is shooting up against all odds. Here is the reason for the rise and a forecast for the price
Tron (TRX) is standing out in the crypto market, thanks to gains that have already exceeded 30% in the last 7 days, despite the fact that the vast majority of cryptocurrencies are shrouded in losses. At the time of this writing, TRX is trading at $0.08, accumulating a slight loss of 1.29% in the last…
New York State Assembly approved a bill against Bitcoin mining
The power consumption required for Bitcoin (BTC) mining has always been a controversial issue, especially for regulators. On this occasion, it was the New York State Assembly that approved the ban on new Bitcoin mining operations that do not use green energy. Here are the details about it. In principle, what was recently approved was…
Weekly forecast: Bitcoin is still in danger, but the metrics say that we are close to the bottom
The widespread pessimism in the markets continues to generate problems for Bitcoin, which has already lost about 11% in the last week alone, and to find out where the price may be heading, below we make a weekly forecast. At the time of this writing, BTC is trading at $34,301, accumulating a daily loss of…
Goldman Sachs offers Bitcoin-backed loan
US banking giant Goldman Sachs has filed a Bitcoin-backed loan, according to a Bloomberg report. It is the latest sign that Wall Street is becoming more and more familiar with cryptocurrencies and this new type of digital assets. As many know, Goldman Sachs is one…
The Near Protocol cryptocurrency is detached from the bearish tide of the market
In the midst of one of the strongest bear seasons in the last two years, the Near Protocol cryptocurrency is trying to avoid major losses, temporarily detaching itself from the widespread negative sentiment in the crypto market. What is the reason?, then we discover it. At the time of this writing, NEAR is trading at…
Swiss National Bank opposes having Bitcoin as a reserve currency
The Swiss National Bank (SNB) is against buying and holding Bitcoin as a reserve currency, Thomas Jordan said at the annual general meeting of the central bank. By the way, Thomas J. Jordan is a Swiss economist and banking supervisor. He is the chairman of the governing board of the Swiss National Bank. Also, chairman…
The UST stablecoin loses its parity with the dollar and generates a wave of extreme fear in the crypto market
After growing exponentially, the UST stablecoin faced the most feared problem, a monumental outflow of capital. Similar to what happened a couple of weeks ago with the algorithmic stablecoin Neutrino, last May 7th after a whale got rid of $285 million equivalent in UST, a massive stampede of money began. today’s attack on Terra-Luna-UST was…
“Bitcoin Jesus” says DOGE is better than BTC
Despite the fact that Bitcoin is the first cryptocurrency to exist, and also the one with the largest market capitalization, it may not be the best of all. In this sense, we refer to the fact that there are better architectures, tokens with more utility, and also, with lower transaction fees. We all agree that…