First proposed in June 2019 with the name libra, the token was initially intended to be a universal currency tied to a basket of sovereign currencies such as the U.S. dollar and the euro. Since then, a lot has changed for the Facebook-backed cryptocurrency. After facing strong opposition from regulators worldwide, the organization overseeing the […]
Inexperienced and small crypto derivatives traders are outperformed by more savvy players and their positions are "disproportionately liquidated," according to a recent study by researchers from the Carnegie Mellon University CyLab. They analyzed publicly available trading data from major crypto derivatives exchange BitMEX and collected price and volume data for
On Monday (April 19), Charles Hoskinson, Co-Founder and CEO of IOHK, the company responsible for building Cardano, explained why he believes that the Biden-Harris administration could introduce cryptocurrency-related legislation in the coming months. Hoskinson made these comments during a video he released on his popular YouTube channel yesterday. Hoskinson started by mentioning that according to a breaking […]
TL;DR Breakdown Litecoin price expected to rise above $260 The closest support level lies at $240 LTC faces resistance at the $260 mark and further the $280 price level After finally climbing past the $320 mark, Litecoin price failed to continue its bullish rally, and the price has dropped to just above $248. While the […]
An anonymous source has told reporters that the first Diem pilot will focus on transactions between individual consumers.
Dogecoin's craze continues with the addition of Snickers and Milky Way during a day many attempt to turn into the official DogeDay.
Li Bo, the new deputy governor of The People’s Bank of China (PBOC), is taking a friendly stance on Bitcoin after expressing support for BTC and cryptocurrencies. Li, who was appointed deputy governor of China’s central bank just last week, spoke about crypto at the Boao Forum for Asia on Sunday, according to Chinese crypto […]The post China’s Central Bank Deputy Governor Says Bitcoin and Crypto Are Investment Options appeared first on The Daily Hodl.
TL;DR Breakdown LINK supported by $33-35 support area. Closest resistance at $40. Next resistance at $44. Today’s Chainlink price prediction is bullish as further downside has been rejected several times over the past hours. Therefore, the LINK price action indicates we will see an upside later this week as bulls look to regain control over […]
AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the Beyond Finance Token (BYN) under the pair USDT/BYN on April 20 at 1:00 p.m. UTC. Beyond Finance is a synthetic asset trading platform that brings investment opportunities in traditional financial assets to everyone with […]