Blog

Ethereum price ‘bear flag’ could sink ETH to $2K after 20% decline in three weeks

sysadmin

Ethereum’s native token Ether (ETH) has dropped by nearly 20% in the last three weeks, hitting monthly lows near $2,900 on April 19. But despite rebounding above $3,000 since, technicals suggest more downside is possible in the near term, according to a classic bearish pattern. Ethereum price ‘bear flag’ setup activated Dubbed “bear flag,” the bearish continuation signal appears as the price consolidates higher inside an ascending parallel channel after a strong downward move (called the flagpole). It resolves after the price breaks out of the channel to drop further.…

Read More

Survey: Adoption in Argentina Grows, With 12 out of 100 Adults Having Invested in Crypto

sysadmin

Argentinians are very interested in cryptocurrencies, according to a survey made by Americas Markets Intelligence. According to data sourced from the study, more than one in ten Argentinians have made some kind of crypto investment. Furthermore, 18% of the surveyed stated they had an interest in buying cryptocurrencies in the future. Crypto Adoption Booms in Argentina A report recently shared by Americas Markets Intelligence has shown significant growth when it comes to cryptocurrency adoption in Argentina. The survey, that was made last year by polling 400 different users…

Read More

Amazon CEO Hints at Future NFT Trading and Crypto Payments

coinmaker

Omni-present god of retail, Amazon, has set tongues a-wagging and rumours a-flying with its latest revelation, indicating recently that it may add NFTs and cryptocurrency payments to its platform. Speaking during a recent interview with CNBC, newly appointed Amazon CEO, Andy Jassy, said he was optimistic about the future of NFTs and cryptocurrency. However, he did add that it would take some time before the tech will be active on its retail platform. Further indications abound as to its relationship with the blockchain through a series of Web3-related job openings,…

Read More

Is asymmetric information driving crypto’s wild price swings?

coinmaker

It has long been believed that investors possessing inside knowledge help drive cryptocurrencies’ price volatility, and a number of academic papers have been published on this topic. This is why Coinbase’s intention to regularly publish in advance a catalog of tokens being assessed for listing on its prominent trading platform is noteworthy.  Coinbase’s plans, announced in an April 11 blog along with 50 crypto projects “under consideration” for Q2 2022, could help tamp down the pervasive speculation that surrounds small-cap tokens. Meanwhile, this can help alleviate industry concerns about “information…

Read More

UAE Airliner Emirates to Launch NFTs and Experiences in the Metaverse

coinmaker

United Arab Emirates (UAE) airliner, Emirates, has announced plans to launch non-fungible tokens (NFT) and experiences in the metaverse for its workers and customers. The launch aligns with UAE’s digital economy and virtual assets initiatives. First Projects Already Underway The UAE airliner Emirates has said it will soon launch non-fungible tokens (NFT) and “exciting experiences in the metaverse” for its clientele as well as its workers. According to the airliner, the move aligns with advances in the UAE’s digital economy as well as with the country’s virtual assets related initiatives.…

Read More

Reshaping & Innovating the Music Industry Through NFTs

coinmaker

Over the course of the last two years, NFTs have taken creative industries by storm, and the music industry is no exception. A never stopping rate of innovation within this space, coupled with benefits of decentralization, has brought a period of substantial changes in the way we perceive the interaction between the artist and the fan. As the music NFT space is developing at a significantly fast pace, the legacy music business structures are being challenged, while more and more creators are interested in using NFT technology to raise funds,…

Read More

The world doesn’t need banks, policymakers or NGOs — It needs DeFi

coinmaker

Where I grew up, on the southern border in Texas, a tremendous number of people have come to the United States to work and send money back home. They don’t make much money, but they pay considerable fees on their transfers. Their focus is not on getting rich, but on supporting those back home in their native country. They support their families as they do hard labor day in and day out. It costs them too much to do so. Truth be told, my father was a migrant worker. He…

Read More

‘Save Your Skin’ From Inflation With BTC, The Great Monetary Shift, and SHIB Burns — Bitcoin.com News Week in Review

coinmaker

Another spicy week of crypto news heads into the weekend, with Mexico’s third-richest billionaire advising “save your skin” from hyperinflation by buying bitcoin, Shark Tank star Kevin O’Leary predicting that bitcoin mining will “save the world,” Bitcoin.com News noting eerie similarities between the current great monetary shift and the creation of the U.S. Federal Reserve, and SHIB achieving some notable burn statistics. Without further ado, this is your bite-sized digest of the week’s hottest crypto news, the Bitcoin.com News Week in Review. Buy Bitcoin, ‘Save Your Skin’ — Mexico’s Third…

Read More

Regulations set the table for more talent, capital and building in crypto industry

coinmaker

The feeling in the crypto and decentralized finance space has been shifting and evolving. The industry is also becoming more scrutinized and, inevitably, more organized. Some weeks ago, United States President Joe Biden signed an Executive Order to expedite and focus regulatory oversight of the $3-trillion industry.  The order will spur the government to examine the risks and benefits of cryptocurrencies, with a particular focus on consumer protection, financial stability, illicit activity, U.S. competitiveness, financial inclusion and responsible innovation. While the results of this order have yet to unfold, this…

Read More

Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Mainly Unchanged to Start the Weekend

coinmaker

Prices of ETH and BTC were mainly unchanged to start the weekend, as market activity slowed, mainly due to the Easter holiday. Price consolidation comes after a week of bearish pressure that sent the world’s two largest cryptocurrencies towards key support levels. Bitcoin Bitcoin was once again trading marginally above the $40,000 level on Saturday, as markets remained quiet as a result of the Easter break. BTC/USD rose to an intraday peak of $40,618.84 to start the weekend, following a low of $40,009.09 earlier in the session. Recent price consolidation…

Read More