DeFi darling ThorChain (RUNE) suffers multi-million dollar exploit

ThorChain, a decentralized finance (DeFi) token swap protocol based on the Cosmos blockchain, lost roughly $4.8 million worth of Ethereum (ETH) from its liquidity pools to a hacker attack today. The post DeFi darling ThorChain (RUNE) suffers multi-million dollar exploit appeared first on CryptoSlate. дальше »

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Tennessee city wants to accept property tax payments in Bitcoin

Jackson Mayor Scott Conger believes that Bitcoin is the only solution to fix inflation and the U.S. dollar devaluation.

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ThorChain (RUNE) Suffers ‘Chaosnet’ Exploit Worth 4,000 ETH, Puts Recovery Plan in Motion

Cross-chain DEX ThorChain suffers a multi-million dollar exploit on Chaosnet, offers bounty to hackers to return funds. ThorChain Suffers Exploit, Network Activity Halted Popular cross-chain decentralized exchange (DEX) and DeFi protocol ThorChain recently suffered a back whereby around 4000 ETH ($7. дальше »

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TA: Ethereum Consolidates, What Could Trigger Strong Recovery in ETH

Ethereum restarted its decline after it failed to stay above $2,000 against the US Dollar. ETH price is holding the $1,880 support, but it must clear $2,000 for a decent increase. Ethereum started a fresh decline and it once again tested the $1,880 support zone. дальше »

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TA: Bitcoin Turns Vulnerable, Why BTC Could Soon Test $30K

Bitcoin price extended its decline below $31,500 before recovering higher against the US Dollar. BTC is likely to face resistance near $32,200 and it might continue to move down. Bitcoin remains in a bearish zone and it recently traded towards the $31,000 level. дальше »

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Fed Chair Jerome Powell Says ‘You Wouldn’t Need Cryptocurrencies if You Had a Digital US Currency’

Federal Reserve Chairman Jerome Powell believes that there is no need for cryptocurrencies if there is a digital dollar. “I think that’s one of the stronger arguments in its favor,” he said. дальше »

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You Wouldn’t Need Crypto If You Have CBDC; ECB & Fed Selling Their Digital Fiat As Better Than Bitcoin

Federal Reserve Chairman Jerome Powell on Wednesday came out strongly supporting a digital dollar, saying it could undercut the need for cryptocurrencies and stablecoins. When asked during the congressional hearing if having a digital currency issued by the central bank would be a more viable alternative than cryptos in the payments system, Powell agreed and […] The post You Wouldn’t Need Crypto If You Have CBDC; ECB & Fed Selling Their Digital Fiat As Better Than Bitcoin first appeared on BitcoinExchangeGuide. дальше »

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Deri Protocol integrates Chainlink Price Feeds to guarantee secure derivatives trading

Deri Protocol will fund and integrate Chainlink (LINK/USD) Price Feeds with the improved deviation threshold (0.1%) on BSC, Heco, and Polygon (MATIC/USD). The Uniswap style BitMEX+ will guarantee access to highly reliable, fully accurate price feeds required to provide the precise US dollar value of the underlying assets of the perpetual contracts, according to their […] The post Deri Protocol integrates Chainlink Price Feeds to guarantee secure derivatives trading appeared first on Invezz. дальше »

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TA: Ethereum (ETH) Recovery Faces Hurdles, Why Bears Remain In Control

Ethereum started an upside correction from the $1,865 zone against the US Dollar. ETH price climbed above $2,000, but it is facing a strong resistance near $2,050. Ethereum tested the $1,865 zone before it started a decent recovery wave. дальше »

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Fantasy soccer NFT platform Sorare reportedly closing in on $532M in funding

Sorare is reportedly closing in a half a billion dollar funding round with a valuation of at least $3.8 billion.

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TA: Bitcoin Attempts Recovery, Why 100 SMA Holds The Key

Bitcoin price extended its decline below $32,000 before recovering higher against the US Dollar. BTC is back above $32,500, but it must clear the 100 hourly SMA to continue higher. Bitcoin started an upside correction after it traded towards the $31,500 zone. дальше »

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MEXC Global Adds Support For Market-Leading Stablecoins USDT and USDC On Algorand

MEXC Global, a Singapore-based cryptocurrency derivatives exchange announced it is now allowing users to transact in their preferred stable coin pegged on the dollar on Algorand. According to the announcement, MEXC is now supporting USDT and USDC. дальше »

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Fed weighs on digital dollar

The chairman of the US Federal Reserve System announced plans to explore the possibility of launching a digital dollar to reduce the participation of stablecoins in the US money supply. дальше »

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Ethiopia May Turn to Clean Bitcoin Mining to Strengthen Economy

Amidst the growing inflation rate and the constantly depleting value of its foreign reserves, due to the US Federal Reserve’s endless dollar printing, Ethiopia may be the next sovereign state to integrate bitcoin (BTC) into its economy, in order to beat impending hyperinflation. дальше »

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TA: Why Ethereum (ETH) Could Nosedive Below $2K, Bears In Control

Ethereum is down 5% and it is struggling to stay above $2,000 against the US Dollar. ETH price could decline sharply if there is a break and close below $2,000. Ethereum is showing bearish signs below the $2,050 and $2,100 levels. дальше »

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TA: Bitcoin Tops and Fails Again, What Could Trigger Larger Decline

Bitcoin price failed to clear the $35,000 resistance and started a fresh decline against the US Dollar. BTC remains at a risk of a larger decline as long as it is below $34,000. Bitcoin failed to extend gains above $34,650 and it started a fresh decline below $34,000. The price is now trading below the […] дальше »

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El Salvador’s Adoption Of Bitcoin As Legal Tender Will Stress The Blockchain — JPMorgan Reveals Why

While many Bitcoiners have praised El Salvador’s decision to make Bitcoin legal tender on a par with the United States dollar, global investment bank JPMorgan Chase does not share their enthusiasm. Bitcoin Adoption By El Salvador Could Place Pressure On The Blockchain’s Network According to a report by the megabank on Thursday and reported by […] дальше »

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Man Who Dumped Hard Drive Containing $381M BTC Gets Hedge Fund Backing To Recover Hard Drive

The British IT professional has revealed that his attempt to recover his lost fortune has been sponsored by a multi-billion dollar hedge fund that is willing to cover any and all costs associated with the hunt, including all necessary equipment. дальше »

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The Billion Dollar Market Cap: True ownership for the internet!

Remember the Million dollar website? Imagined and brought to live back in 2005 by Alex Tew, the concept was a simple yet powerful one. The post The Billion Dollar Market Cap: True ownership for the internet! appeared first on CryptoSlate. дальше »

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Bitcoin trader eyes US dollar for BTC price breakout cue, Ethereum clings to $2K

No sign of a breakout as $33,000 becomes resistant overnight, and altcoins trade mostly flat as a result of BTC price weakness.

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TA: Ethereum Turns Red, Why Recovery Could Be Attractive To Sellers

Ethereum extended its decline below the $2,200 support zone against the US Dollar. ETH price is showing bearish signs and it might dive further towards $2,000. Ethereum is down over 10% and it even spiked below the $2,100 support zone. дальше »

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TA: Bitcoin Reaches Key Juncture, Why BTC Could Struggle To Recover

Bitcoin price extended its decline below the $33,500 support against the US Dollar. BTC is now consolidating above $32,200, below which it could accelerate lower. Bitcoin started a fresh decline below the $33,500 and $33,200 support levels. дальше »

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TA: Ethereum Tops Near $2,400, Indicators Point Another Bearish Wave

Ethereum started a fresh decline after it failed to surpass $2,400 against the US Dollar. ETH price could decline further if it fails to stay above the $2,250 support. Ethereum is slowly moving lower below the $2,300 support zone. дальше »

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TA: Bitcoin Fails Again, Why BTC Remains At Risk of Sharp Decline

Bitcoin price failed again to clear the $35,000 resistance against the US Dollar. BTC started a fresh decline below $34,000 and it remains at a risk of more downsides. Bitcoin started a fresh decline after it failed to settle above the $35,000 resistance zone. дальше »

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UFC Announces Mega Sponsorship Deal With Crypto.com Exchange Worth $175 Million

Leading mixed martial arts organization, Ultimate Fighting Championship (UFC), has signed a multi-million dollar deal with crypto exchange Crypto. com. The deal is worth $175 million and is expected to last for more than 10 years. дальше »

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TA: Ethereum Gearing For Another Lift-Off, Why Rally Isn’t Over Yet

Ethereum started a fresh increase above the $2,300 resistance against the US Dollar. ETH price is likely to accelerate higher above the $2,400 and $2,500 resistance levels. Ethereum is showing a lot of positive signs above the $2,250 pivot zone. дальше »

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TA: Bitcoin Consolidates Below $35K, What Could Trigger Fresh Rally

Bitcoin price is holding gains above the $33,000 support zone against the US Dollar. BTC could start a fresh increase as long as it is above the $33,000 zone. Bitcoin corrected lower, but the bulls remained active above the $33,000 zone. дальше »

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Bitcoin Enters Fourth Month of Red as Dollar Strengthens

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Ethereum has already surpassed Bitcoin in dollar value, says Celsius Boss

Celsius CEO Chief executive officer Alex Mashinsky has added his opinion about the Bitcoin and Etherem debate. According to him, Ethereum (ETH/USD) has overtaken Bitcoin (BTC/USD) when it comes to dollars. дальше »

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Japanese Ruling Party Official Says Digital Yen Clarity Will Be Revealed in 2022

While the U. S. ramps up discussions of a digital dollar and China’s central bank digital currency (CBDC) draws near, Japan’s CBDC, otherwise known as the digital yen, is getting closer to its realization as well. дальше »

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Ether already ‘flippening’ Bitcoin, says Celsius CEO

Celsius Network CEO Alex Mashinsky suggested that Ether has already started “flippening” Bitcoin in U.S. dollar terms.

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TA: Ethereum Steadies Near $2.2K, Why ETH Could Start Fresh Increase

Ethereum started a downside correction from the $2,400 zone against the US Dollar. ETH price could start a fresh increase unless there is a clear break below $2,150. Ethereum failed to surpass $2,400 and it started a downside correction. дальше »

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TA: Bitcoin Prints Bearish Technical Pattern, Why It Could Revisit $32.2K

Bitcoin price is correcting gains and it is trading well below $35,000 against the US Dollar. BTC could decline further if it stays below $34,400. Bitcoin started a downside correction below the $35,000 and $34,000 levels. дальше »

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Don’t Call the Dollar Fiat Money Says FT

The Financial Times is unhappy with the entrance into mainstream of fiat money to describe the dollar, with Brendan Greeley, a contributing editor at FT, arguing “currencies are not memes... дальше »

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TA: Bitcoin Correcting Gains, What Could Trigger Fresh Rally

Bitcoin price is correcting gains from well above $35,000 against the US Dollar. BTC is likely to find a strong support near the $34,000 zone in the near term. Bitcoin started a downside correction from the $36,000 zone. дальше »

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Blockstream Pitches Digital Dollar Bond to El Salvador Government

Blockchain technology company Blockstream has been in talks with the El Salvador government regarding a new digital bond, denominated to the U. S. dollar. Their proposal comes amid El Salvador's efforts to roll out bitcoin (BTC) as legal tender. дальше »

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US Senator’s Advice: Buy, Hold, Save Bitcoin for Retirement as Congress Floods Economy With Trillions of Dollars

U.S. Senator Cynthia Lummis has encouraged “people to buy and hold” bitcoin in their portfolios. “I encourage them to save bitcoin for their retirement, for their future,” she said, adding that with Congress flooding the economy with trillions and trillions of dollars, “there’s no way” the value of the U.S. dollar will not be debased. […] дальше »

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TA: Why Ethereum (ETH) Key Indicators Suggest Fresh Drop Below $2K

Ethereum failed to stay above $2,100 and it is now moving lower against the US Dollar. ETH price is likely to continue lower and it could even break $2,000. Ethereum started a fresh decline from well above the $2,200 support zone. дальше »

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TA: Bitcoin Price Reaches Key Support, Why BTC Could Start Fresh Increase

Bitcoin price is correcting gains from well above $35,000 against the US Dollar. BTC is approaching a major suppot near $32,350, where the bulls might take a stand. Bitcoin started a downside correction from the $36,650 zone. дальше »

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USDC Stablecoin Goes Live on Tron (TRX) Blockchain

Leading USD-pegged stablecoin USDC is now functional on the Tron (TRX) blockchain. USDC Now Live on Tron USDC, a digital currency tied to the price of the U. S. dollar is now available on the Tron network, a report by Coindesk confirms. дальше »

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TA: Ethereum Remains Strong, Why ETH Could Rally Above $2.3K

Ethereum is trading in a positive zone above the $2,150 support zone the 100 hourly SMA against the US Dollar. ETH price is likely to rally if there is a clear break above $2,300. Ethereum is trading in a positive zone above the $2,100 and $2,150 support levels. The price is now trading above $2,100 […] дальше »

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What is the practicality of El Salvador adopting a national digital currency?

El Salvador’s congress voted to accept the cryptocurrency and won a supermajority of 62 out of 84 votes.   Starting in September, El Salvador will soon have two official currencies: the United States dollar (USD) and bitcoin (BTC). дальше »

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TA: Why Bitcoin Price Could Turn Bearish Again If It Breaks $34K

Bitcoin price failed to stay above the key $35,000 support zone against the US Dollar. BTC is declining and it could slide heavily if there is a close below $34,000. Bitcoin started a fresh decline from well above the $36,500 level. дальше »

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Fed Vice Chair Quarles Says Digital Dollar Could Pose Significant Risks to US Banking System

The Federal Reserve’s vice chairman of supervision and the chair of the Financial Stability Board (FSB), Randal K. Quarles, doubts the benefits of the digital dollar but says it “could pose significant and concrete risks” to the U. дальше »

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Beyond Oil™ Launches Smart Contract Driven Eco-Friendly Oil Production

PRESS RELEASE. Beyond Oil™ has officially launched the Solar Oil Project – the blockchain powered decentralized oil production platform that recycles abandoned oil wells to produce oil while eliminating a trillion dollar ecological nightmare. дальше »

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Bitcoin Blowback: A History Of Dollar Hegemony, Economic Warfare And A Bright Orange Alternative

This essay addresses a history of dollar domination fabricated by the war machine that is the United States. дальше »

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French Central Banker Calls for Urgent Crypto Regulation: “We Don’t Have Much Time Left”

Francois Villeroy de Galhau claims that Europe could lose its monetary sovereignty if it keeps kicking the can down the road on a digital dollar дальше »

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The Popularity of NFT and Meme Stocks Attract Multi-Million Dollar Investments

During the first quarter of 2021, the total spending on NFTs was more than $2 billion. While the number may still look small when compared to the size of the overall crypto market, it represents a surge of around 2,100% from the numbers it registered in Q4 2020. дальше »

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Key Fed Official Is Bullish on Stablecoins, Says it May Support Dollar’s Role in the Global Economy

Fed’s vice chair for supervision, Randal Quarles, calls for taking “strong account of the potential benefits of stablecoins” while being skeptical about a CBDC, arguing potential benefits of a digital dollar are unclear and can pose considerable risks. дальше »

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Fed Vice Chair Randal Quarles Questioned Idea of Digital Dollar

Fed Governor Randal Quarles expressed skepticism about the idea of a digital dollar дальше »

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