Category: Crypto Flash News

Here Are The Projects Pushing Cardano’s Price To The Upside

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Cardano was pushed down in the crypto top 10 by market cap as LUNA and XRP took over its former place. However, ADA’s price has been surging in the last month and could reclaim previous highs as the general sentiment turns bullish. Related Reading | Cardano Soars 13% On Rumors Of Burn Mechanism Rollout, Charles Hoskinson Reacts At the time of writing, Cardano (ADA) trades at $1.20 with a 30% rally over this period. This makes ADA the best-performing cryptocurrency by market cap. ADA with bullish momemtum on the 4-hour…

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Here Are The Crypto Leading The Market Recovery With 50% Gains

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The crypto market has managed to sustain its bullish momentum and reclaimed the $2 trillion market cap. Bitcoin and Ethereum seem to have pushed the market from the mid $30,000, and to its current levels. Related Reading | Only In Crypto: A Croissant Explains Ethereum Hottest Trends Post Merge The first and second crypto by market cap has seen a surge of new bullish narratives. The upcoming “Merge” and Bitcoin has pristine collateral seem to have provided additional support for the current momentum. Both ETH and BTC recorded around 17%…

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A Brief Introduction to the Rapid Expansion of the Gaming Industry

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Very few modern industries can claim a year-on-year growth rate of over 30%, especially with the global impacts of the pandemic, which stalled progress within many fields. However, one industry that’s seen incredible growth over the past 20 years and continues to do so is gaming – which currently has a total value of nearly 200 billion USD. But, when you take a step back and realize that there are 3.2 billion gamers worldwide, 2.2 billion of which actively play through their mobile devices, it’s no surprise that this industry…

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Ethereum Will Continue To Outperform Bitcoin, Here’s The Indicator That Says So

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Ethereum moves higher in shorter timeframes and has quickly been reclaiming previous highs. The second crypto by market cap recently broke above the important resistance at $3,000 and has been outperforming Bitcoin during the last week. Related Reading | Bitcoin Almost Hits $44,000 With Terra $125 Million BTC Purchase Tempo Up As of press time, Ethereum trades at $3,100 with a 3.4% and 12.2% profit in the last 24-hours and last week, respectively. In the meantime, Bitcoin trades north of $43,000 with a 7% profit in one week. ETH with…

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Bitcoin drifts into weekly close while Fed rate hike looms as next major BTC price trigger

[ad_1] Bitcoin (BTC) upped the volatility into the weekly close on March 13 as markets braced for geopolitical and macro economic cues. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Long-awaited Fed action set to come this week Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it again came close to testing $38,000 support during Sunday. The pair had seen a quiet end to the week on Wall Street, the weekend proving similarly calm as the status quo both within and outside crypto continued without surprises. Now, attention was already…

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Why digital currencies deserve a better reputation

[ad_1] Ever since its inception and throughout its turbulent journey toward mainstream acceptance, crypto has elicited both enthusiasm and trepidation in equal measure. After the unfair battering it has received over the years, the time has come to defend digital currencies. Unfortunately for crypto, first impressions count. Bitcoin (BTC) initially gained a tawdry reputation in its early years as the currency of choice for illicit activities — favored by dark web users, ransomware hackers, drug traffickers and money launderers worldwide. But, the world has changed since the first Bitcoin was…

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Is the Ukraine war intensifying regulatory pressure on crypto firms?

[ad_1] Whose side are you on? The Ukraine-Russia war is forcing people to answer that question. For some in the crypto community, this can be uncomfortable because if an individual or project stands with the West against Russia, it also means it abides by sanctions. This can be tough to square with crypto/blockchain’s supposed decentralized system and its claims on being borderless, censorship-free and distributed.  Take OpenSea, the NFT marketplace, which really isn’t a decentralized project but is often described as such. “OpenSea is a decentralized peer-to-peer marketplace for buying,…

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What do Bitcoiners, politicians and financial experts think?

[ad_1] Rising prices are grabbing headlines all over the world. Across the pond in the United States, inflation recently broke a 40-year record. The situation is severe in Europe, with prices rising over 5% across the Eurozone and 4.9% in the United Kingdom.  While prices rise, Bitcoin (BTC) is flatlining at around $39,000. It poses many questions: Is Bitcoin an effective hedge against rising prices, what role can Bitcoin play in a high inflation environment and did Bitcoiners know that inflation was coming? Experts from the world of Bitcoin, finance and even…

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Trader gives $44K BTC price target as Bitcoin shrugs off executive order ‘nothingburger’

[ad_1] Bitcoin (BTC) held onto swift gains at the Wall Street open on March 9 as nerves over U.S. regulatory moves calmed.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Executive order enters with a whimper Data from Cointelegraph Markets Pro and TradingView showed BTC/USD maintaining $42,000 into the start of trading Wednesday. The pair had shrugged off the latest round of macro tensions to add over 11% in 24 hours, among the best movers in the broader crypto market. Despite mixed feelings over the real significance of the move among traders…

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The Philippines to launch pilot CBDC implementation

[ad_1] As the world of finance continues to transform, new forms of money are challenging traditional monetary infrastructures that have been around for a long time. Currently, central bank digital currencies (CBDCs) have caught the eye of various countries, including the Philippines. In a joint event organized by Bangko Sentral ng Pilipinas (BSP) — the Philippines’ central bank — and the Alliance for Financial Inclusion, BSP Governer Benjamin Diokno announced the rollout of Project CBDCPh, a pilot implementation of a CBDC for the country. According to Diokno, the project aims to…

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