Even though Ether (ETH) price bounced over 20% from the $2,300 low on Feb. 22, derivatives data shows that investors are still cautious. To date, Ether’s price is down 24% for the year, and key overhead resistances lay ahead. Ethereum‘s most pressing issue has been high network transaction fees and investors are increasingly worried that this will remain an issue…
The Treasury Department and reportedly the White House are warning U.S.-based companies and individuals not to facilitate crypto transactions sent to certain Russian nationals and banks. According to regulations from the Treasury Department’s Office of Foreign Assets Control scheduled to go into effect on March 1, U.S. residents may not use digital currencies to benefit Russia’s government — including the…
press release PRESS RELEASE. Moledao presents MoleHack: NFT 2.0 – a global challenge to discover new innovations in the NFT space. In partnership with Bybit, Polygon, BitDAO, iZUMi Finance, Project Galaxy, thirdweb, buildspace, L2Y, Web 3 Collective and more, the hackathon has over $80,000 grants and prizes in total for builders to win. In conjunction with MoleHack: NFT 2.0, Moledao…
In brief Derivatives exchange FTX will this year invest at least $100 million in projects that help humanity. The exchange’s CEO is big on philanthropy. Cryptocurrency exchange FTX today announced a potential $1 billion fund which will invest in “ambitious projects in order to improve humanity’s long-term prospects.” The “Future Fund,” part of FTX’s philanthropic arm The FTX Foundation, will…
On Tuesday, March 1, 2022, Coinbase Exchange will implement a new fee structure designed to increase the depth and liquidity of our markets while simplifying our fee models. In order to respond to client needs, Coinbase periodically updates pricing. All fee updates are shared prior to being implemented. These latest updates help align maker discounting across our entire fee table…
The president and chief executive officer of Ebay, Jamie Iannone, discussed the possibility of digital currency acceptance on the online auction website and non-fungible token (NFT) sales in a recent interview published on February 27. Iannone stressed that currently, Ebay doesn’t accept cryptocurrencies but in March, the company plans to go “deeper on all of these things, payments, advertising, our…
Cryptocurrency investment funds recorded a sizable increase in inflows last week, signaling that institutional investors were still gaining exposure to digital assets despite extreme volatility in the market. Digital asset investment products registered $36 million in cumulative inflows for the week ending Feb. 27, according to CoinShares data. Regionally, new investments were heavily one-sided, with the Americas seeing $95 million…
I grew up in Los Angeles during the 1980s with a single mom on welfare in the seedy backlots of Hollywood’s money machine. I was meant to be a statistic, but graffiti art saved my life. Reaganomics was driving the depression and environmental degradation at the time, spawning a massive youth empowerment movement of free critical thought; half of it…
Whenever Bitcoin (BTC) fails to break through important resistance levels, traders gain confidence and add to their altcoin positions. The logic is that, unless BTC drops significatively, these movements historically provide decent rewards for those shifting their portfolios toward higher risk. Bitcoin/USD at FTX. Source: TradingView In the past seven days, the aggregate market capitalization performance of the cryptocurrency market…
In brief MetaMask is the most popular Ethereum wallet, as measured by monthly average users. Unlike some other Web3 projects, it has yet to tokenize its protocol. Nearly every major Web3 project has recently been getting bombarded with questions like “Wen token?” Token drops from platforms such as Uniswap and Ethereum Name Service have turned crypto platform users into part…
