u.today Bitcoin’s recent decline, according to JPMorgan Chase, has left the digital token significantly below its fair price, giving the lead asset “significant upside” for the future. At a price of $28,948, Bitcoin presents a nearly 28% “significant upside” based on its fair value given by the bank. J.P. Morgan had put Bitcoin’s fair value at …
cointelegraph.com As the dust settles on the cataclysmic collapse of the Terra ecosystem, an on-chain deep-dive carried out by blockchain analytics firm Nansen highlights two major takeaways. The cryptocurrency ecosystem was awash with varying speculatory theories around the cause of Terra’s algorithmic stablecoin UST’s decoupling from its $1 peg. The who and why seemed a …
u.today The @shib_superstore Twitter account, which represents Travis Johnson’s SHIB burn games—which conducts regular SHIB burns once a month—has announced that it will from now on be burning SHIB via Amazon. Amazon affiliate program for burning SHIB The team behind the Twitter account has spread the word that the shop as been added to the Amazon …
www.theblockcrypto.com Quick Take Celsius (CEL) token was trading at $0.58 this morning. Crypto prices have been mostly down across the board throughout May. Celsius (CEL) is trading below $0.60 today amid a broader market downturn throughout May. As of this morning, celsius was trading at $0.58, down from $0.70 just 24 hours before, according to …
thenewscrypto.com Polkadot allows for interoperability across different blockchains. BNB has been down 4.22% in the last 24 hours. Let us look at the top 3 altcoins to consider worth investing in 2022. BNB (BNB) Binance is a decentralized, blockchain-based network ecosystem. As a top cryptocurrency exchange in many countries, the company’s side organizations are also …
www.theblockcrypto.com Quick Take Figment and Chorus One won’t be supporting the new Terra blockchain at launch. Both complained that the proposal for the new chain was modified while it was being voted on. Two of the largest staking companies will not be supporting the new Terra blockchain, citing concerns over the way the decision-making process …
u.today One of the most rapidly growing projects and tokens on the cryptocurrency market in 2022, STEPN, has rapidly lost a third of its value in less than 24 hours after an announcement that spooked a large portion of investors. According to the official Twitter account of STEPN, Chinese investors and “walkers” can no longer use the products …
thenewscrypto.com The greatest downfall of the Terra ecosystem cast a ruinous effect on the crypto world. The crypto market was already crashing down due to soaring macro-inflation and the hyper-volatility of the fiat-based TradeFi. Terra (LUNA) and the network’s algo-stablecoin TerraUSD (UST) became the sufferers of a disastrous free-fall to their deathbeds. LUNA Crash is …
cryptoticker.io There are various payment protocols and tokens in the cryptocurrency world. This post is all about one such payment protocol called Request and its native REQ token. Let’s take a look at it in more detail. What Is Request Network and how does it work? The Request Network is based on the Ethereum blockchain. According …
u.today Another big purchase of Shiba Inu tokens has been reported by WhaleStats crypto tracking platform that is focused on wallets based on five top chains: Ethereum, BNB Chain (BSC), Fantom, Avalanch and Polygon. An owner of a large wallet on Ethereum bought more than 142 billion Shiba Inu 15 hours ago. This is not …
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