Tag: Market Cap

The market capitalization of Bitcoin and other cryptocurrencies slumped below US$1 trillion as fears of an interest-rate increase in the U.S. weighed on risk assets...

The crypto market cap loses $100b in 3 days after bitcoin slipped below $30,000 and remained on shaky feet so let’s read more today...

Korea-based gaming developer and publisher Krafton announced its new collaboration with blockchain platform in a concerted effort to develop Play-to-Earn blockchain and NFT games. Krafton is the name behind popular game titles such as PUBG: Battlegrounds, Thunder Tier One, Elyon, and many more. According to the announcement on March 23, Krafton and Solana Labs signed [...]

The post PUBG Developer Krafton Partners with Solana to Develop Blockchain & NFT Games appeared first on Blockonomi.

Is Solana still the shining sun in the sky and Ethereum killer it was prophesied to be? No one knows for sure but a new partnership and some metrics reveal the latest details. Know your worth After months of swimming in the red, the ninth biggest crypto by market cap crossed the psychological price of […]

Pre-COVID, cryptocurrency was nonetheless a comparatively unknown commodity in mainstream circles and to common shoppers. Two years into the pandemic (or post-pandemic, can we are saying???), that has modified completely.   Deloitte’s 2021 international blockchain survey highlights the extent of crypto’s emergence – and this survey was carried out just one 12 months into the pandemic, […]

The post Deloitte Blockchain Survey: Crypto’s continued development appeared first on Bitcoin Upload.

XRP price continues to slide steadily north following the $0.84 value area. Buyers are attempting to establish a demand zone near $0.80. Investors anticipate a reliable support area that can be a Launchpad for a bullish breakout. XRP price consolidates gains with limited price action. A positive breakout above the 200-EMA would bring $0.1 into

The post Ripple Price Prediction: XRP Price Trades Near 200-EMA At $0.85, Is $0.1 in play? appeared first on CoinGape.

On March 23, the cryptocurrency exchange Coinbase announced the platform will now allow cardano staking services. The company’s senior product manager Rupmalini Sahu mentioned that cardano is one of the top ten crypto assets by market cap and its proof-of-stake (PoS) blockchain “seeks to be more flexible, sustainable, and scalable.” Coinbase Now Offers Cardano Staking…

The post Coinbase Now Allows Cardano Staking Services, Firm ‘Plans to Continue to Scale Staking Portfolio’ appeared first on Bitcoin News Miner.

Cardano soars as Coinbase added the staking rewards for the coin, and ADA is up by 13% on the day as we are reading further in today’s latest Cardano ADA news. The price of ADA as the native cryptocurrency of the blockchain of Cardano soars to a seven-week high of $1.13 which is a level […]

Input Output CEO Charles Hoskinson admits he wrongly predicted there would be thousands of assets and dApps on Cardano.

The post Cardano (ADA) breaks 7 month downtrend, as founder rues the slow pace of dApp rollouts appeared first on CryptoSlate.

Number of successful NFT projects rises to all-time high.

Federal Reserve Chairman Jerome Powell emphasized on Wednesday that technology transformation is here to stay in the financial sector and that new regulations will be required. Powell revealed some insight into how the United States would govern the market during a presentation at the Bank of International Settlements Innovation Summit on central bank digital currencies. The digital age was not taken into consideration when establishing our current regulatory structures, the Fed official said. “There will be revisions to current laws and regulations, as well as the creation of wholly new rules and structure, if central banks, stablecoins, and digital currencies are to be implemented,” he said during a roundtable discussion on CBDCs at the BISI Summit. Is There A Threat? Powell noted that emerging forms of digital money, like cryptocurrencies and stablecoins, pose threats to the US financial system and will necessitate the adoption of additional consumer protection measures. Powell reaffirmed his position that cryptocurrency should adhere to the “same activity, same regulation” premise. He proposed regulating stablecoin issuers, such as banks, in October 2021. “Stablecoins function similarly to money market funds. They’re similar to bank deposits… and it is reasonable for them to be controlled similarly, same activity, same regulation,” he concluded. Powell Says DeFi Can Improve Finance Sector Despite this, the Fed chairman acknowledged that distributed technology and DeFi have the potential to improve the payment system’s efficiency and foster a more competitive financial sector. This is an impressive recognition from the director of one of the country’s premier financial institutions. Other agencies and their personnel have embraced crypto and blockchain technology as well, albeit they all appear to advocate for some level of regulation. Crypto total market cap at $1.94 trillion on the daily chart | Source: TradingView.com Suggested Reading | Fiat – Not Crypto – Still The Top Choice For Financial Crimes, US Treasury Says Stablecoins are a type of cryptocurrency that are typically backed by the dollar or a commodity such as precious metal. CBDCs are digital representations of dollars or other fiat currencies that governments issue. The Fed is exdigital currencies but has not yet decided whether to issue them. In January, it published a study on stablecoins. Biden’s Executive Order US President Joe Biden signed an executive order earlier this month directing the Treasury Department and other federal agencies to conduct a study on the impact of cryptocurrency on economic stability and national security. Biden’s directive comes as many Democratic legislators, notably Massachusetts’ Elizabeth Warren, have expressed worry that cryptocurrency could be used to circumvent US sanctions against Russia. As part of the executive mandate, the Treasury is leading a report on a CBDC in consultation with the Departments of Justice, Commerce, and State, as well as the Office of Management and Budget, Homeland Security, and the Director of National Intelligence, to determine whether the US should pursue a digital dollar. Suggested Reading | Bitcoin Breaks Past The $40,000 Barrier Again – Can It Sustain The Momentum? Featured image from CryptoSlate, chart from TradingView.com

A series of technical indicators appear to be flipping bullish for Ethereum (ETH), according to Real Vision CEO and global economic expert Raoul Pal. Pal says he’s identified a chart pattern that suggests ETH is on the cusp of cementing a bottom and beginning a sustainable uptrend. According to Pal, Ethereum is demonstrating an inverted head […]

The post Macro Guru Raoul Pal Updates Ethereum Outlook, Predicts Top Altcoin Will Outperform Crypto King Bitcoin appeared first on The Daily Hodl.