Bitcoin Showing Early Signs of Fresh Decline, But $40K Is the Key
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Teresa Bach
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March 4, 2022
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Bitcoin
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Bitcoin started a downside correction and traded below $42,000 against the US Dollar. BTC must stay above $40,000 to avoid a trend reversal. Bitcoin started a fresh decline below the $43,000 and $42,000 levels. The price is trading below $43,000 and the 100 hourly simple moving average. There was a break below a major bullish trend line with support near …
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How do you DAO? Can DAOs scale and other burning questions – Cointelegraph Magazine
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Teresa Bach
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March 3, 2022
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Altcoin News
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DAO: Decentralized. Autonomous. Organization.“The whole phrase is a misnomer. They’re not decentralized, not autonomous and they are not organizations,” Monsterplay blockchain consultancy founder David Freuden tells Magazine.Freuden co-authored a 51-page report on DAOs in May 2020 in an attempt to help realize their potential. “We need DAOs,” he explains. “The idea of ‘shareholder first’ is only a 1980s/1990s concept. Companies became …
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Ethereum Prints Bearish Pattern, Why It Could Correct To $2.8K
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Teresa Bach
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March 3, 2022
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Ethereum
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Ethereum failed to surpass $3,050 and corrected lower against the US Dollar. ETH price is declining and might test the $2,800 support zone in the near term. Ethereum failed to continue higher above $3,040 and started a downside correction. The price is now trading above $2,880 and the 100 hourly simple moving average. There was a break below a key …
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Crypto Assets Catapult In South Korea: Valued Above $45.9B
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Teresa Bach
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March 2, 2022
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Defi
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South Korea’s Crypto Asset Market witnessed massive growth at the end of 2021. The valuation of the market stood at $45.9B (55.2 Trillion Won). This information was brought to light by the country’s primary financial regulator, The Financial Service Commission. A unique study was conducted by the financial regulator in light of the information compiled from a total of 24 …
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Rune’s upcoming mainnet launch and Terra (LUNA) integration set off a 74% rally
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Teresa Bach
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March 1, 2022
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Altcoin News
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2021 was a roller coaster of a year for THORChain (RUNE), which saw its price top out at $20.31 only to come crashing down below $4 as a series of hacks and declining interest in decentralized finance had the token limping into 2022.Data suggests that investors could be taking a closer look at Rune and a few potentially bullish factors …
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How Analysts Expect Crypto Sports Sponsorship Spend To Reach $5B In Less Than Five Years
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Teresa Bach
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March 1, 2022
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Defi
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Nielsen has been in existence for nearly a century, and is widely considered one of the most respectable names in data and market measurement, particularly around TV and media viewership and related areas. In Nielsen’s latest report, ‘Fans Are Changing The Game,’ the publicly-traded firm is forecasting the sports sponsorship pocketbook for blockchain and crypto firms to tally up to …
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Bitcoin Rallies Over 12%, Why This Could Be Major Trend Change
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Teresa Bach
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March 1, 2022
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Bitcoin
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Bitcoin broke the key $40,000 resistance zone against the US Dollar. BTC is up over 12% and might continue to rise above the $43,000 level. Bitcoin surged above a few key hurdles near the $40,000 resistance zone. The price is trading above $42,000 and the 100 hourly simple moving average. There was a break above a key bearish trend line …
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Crypto Corner: The Sports Slice
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Teresa Bach
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February 27, 2022
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Defi
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The NFL is approaching crypto sports deals with caution, but the abundance of potential revenue is keeping the league engaged. Meanwhile, one storied football club across the pond is looking to build the first-ever ‘metaverse stadium.’ And a popular NBA player is shutting down shop on his NFT project, leaving many with a bad taste in their mouth. It’s all …
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Dogecoin co-founder slams memecoins, DAO aims to buy Denver Broncos, and BTC tourism surges 30% in El Salvador: Hodler’s Digest, Feb. 20-26
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Teresa Bach
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February 26, 2022
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Altcoin News
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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekFormer Cisco employee launches DAO to buy Denver BroncosA freshly launched decentralized autonomous organization dubbed BuyTheBroncosDAO is …
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Ethereum Recovery Runs Into Resistance, Why Dips Could be Limited
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Teresa Bach
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February 25, 2022
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Ethereum
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Ethereum found a strong support near the $2,300 zone against the US Dollar. ETH price is rising and might rally if it clears the $2,750 resistance zone. Ethereum started a major recovery wave from the $2,300 support zone. The price is now trading above $2,500 and the 100 hourly simple moving average. There is a key bullish trend line forming …
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