Author: hotcrypto
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Bitcoin continues consolidating across the $21k stage, and promoting volumes are dropping. It’s an indicator that the underside might be in, and what may comply with is a gradual rise over time earlier than one other blow-off prime sooner or later sooner or later. Nonetheless, for somebody searching for mega features within the subsequent bull run, Bitcoin might not be probably the most best. Most analysts anticipate Bitcoin to hit a peak of $100k within the subsequent bull run. That’s near 5x its present worth. Nonetheless, 5x is not any massive deal in crypto circles, the place features of 100x…
Over the past 24 hours, VeChain’s VET/USD price has risen 12.5% to $0.03. This continues its positive trend over the past week where it has experienced a 4.0% gain, moving from $0.03 to its current price. As it stands right now, the coin’s all-time high is $0.28. The chart below compares the price movement and volatility for VeChain over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray…
Warren Buffett raised eyebrows this week when his firm, Berkshire Hathaway, upped its exposure to United States Treasury bills. If you’re one of the few remaining bulls out there, Buffett’s flight to safety is concerning because it signals that the Oracle of Omaha would rather get a 3% yield instead of playing the stock market. If equities go belly-up in the fall, as I’ve been predicting for months, expect Bitcoin (BTC) to follow. Looking at the numbers, Berkshire’s T-bill exposure grew to $75 billion at the end of June, up from $58.5 billion at the beginning of 2022. But, even with…
SafeMoon (SAFEMOON), High Volatility and Falling Friday: Is it Time to Cash Out? InvestorsObserver This news is republished from another source. You can check the original article here
Key Takeaways Acala said today that most of its services remain paused after an attack that occurred on Sunday, August 14. Of the 22 services listed on Acala’s website, 18 services are paused while three are operating normally. Acala says that it is working to restore functionality and recover aUSD through its trace efforts. Share this article A majority of services on Acala are still offline, according to a statement from the project today.Majority of Acala Services Are DownAcala is still attempting to restore operations more than a week after suffering an exploit that collapsed its stablecoin.The project said today…
A top tech CEO and former Desert Storm vet is re-imagining NFTs with a new set of tokens that make a solid investment in the well-being of America’s service members past and present.SAN FRANCISCO, Aug. 26, 2022 /PRNewswire/ – Can the high-energy excitement of the crypto-token investment space be a force for good? That’s the idea driving development of the new Devil Dogs NFT series—a crypto token project crafted to support America’s service members.The first-of-its-kind project aims to leverage Web3 technology to achieve both real-world and virtual benefits, with opportunity to purchase unique and tradeable “everyday hero” tokens. Proceeds will be…
The creator of popular meme token Dogecoin (DOGE) is rejecting an offer worth millions of dollars in digital assets to promote an unofficial offshoot crypto project. Billy Markus, co-founder of the dog-themed crypto asset, has rejected an offer of 10 billion DOGE, worth about $14 million at time of writing, to promote Dogechain, a blockchain project that aims to bridge the gap between Dogecoin and Web3. Replying to a Twitter user who broke the news, Markus says that “no one really cares anyway” if rejecting the offer avoided betraying the DOGE community because people just assume he got rich off…
Perpetual Swaps, the single biggest primitive still missing from the Bitcoin DeFi puzzle, are coming to Bitcoin-based DeFi thanks to Sovryn. Sovryn spotted the gap and reacted accordingly. The original idea to just cherry-pick what is working on Ethereum and take it on the Bitcoin side chain was not an option here. They decided to integrate the RSK 2-way-peg that brings Bitcoin to the RSK network, the Bitcoin side-chain based on which Sovryn perpetual swaps operate.This article unfolds the history of perpetual futures contracts and their first appearance on big centralized trading platforms such as BitMex. From there, we look…
A variety of native cryptocurrencies to automated, decentralized networks that use smart contracts are represented by DeFi tokens. These give customers access to a suite of blockchain-based financial applications and services, within which $75 billion in cryptocurrency has been locked.These give customers access to a suite of blockchain-based financial applications and services, within which $75 billion in cryptocurrency has been locked.Tokens related to decentralized finance (DeFi) currently have a market cap of $114 billion, which represents a very insignificant percentage of the broader cryptocurrency market, which is currently valued at $1.7 trillion. After increasing from $89 billion to $110 billion…