STEPN to new highs? GMT price painting first ‘bull flag’ toward $5 target

STEPN to new highs? GMT price painting first 'bull flag' toward $5 target

STEPN (GMTThis week, ) rallied strongly against U.S. dollars as it looks likely toForm a classic bullish technical pattern, the “bull Flag”. GMTEyes open to more upside GMT’s priceWeek-end increase of 30%to-date, including a strong rally toSet an all-time record at $3.85 followed closely by a moderate correction toNearly $3. InThe correction phase was located … Read more

This Earth Day analysts say Bitcoin mining is naturally gravitating to green energy

This Earth Day analysts say Bitcoin mining is naturally gravitating to green energy

April 22 is Earth DayThe global debate around environmental sustainability is a hot topic. Bitcoin mining, analysts sayThe industry has started to naturallyLook for cleaner and less expensive options energy sources. According toA JanuaryReport by the Bitcoin Mining CouncilThe global population will reach a record high in Q4 2021. Bitcoin miningIndustry ran on an estimated … Read more

Upbit owner Dunamu could see ‘monopoly’ curbed after investment controversy

Upbit owner Dunamu could see 'monopoly' curbed after investment controversy

TheOperator of South Korean crypto exchange Upbit, DunamuDue to a controversial issue, regulators are facing resistance from. investmentWhile authorities attempt to restrain its monopolistic position, Dunamu’s total assets are valued at over over 10 trillion KRW ($8.06 billion) and UpbitControls an overwhelming 80% volume of domestic trading. AsAs a result, regulators see DunamuBy extension Upbit, … Read more

US lawmakers sound alarm to EPA over environment concerns of crypto mining

US lawmakers sound alarm to EPA over environment concerns of crypto mining

United States House of RepresentativesMember Jared HuffmanOther 12 lawmakersYou have asked for the Environmental Protection Agency, or EPAAssess crypto miningCompanies could be in violation of environmental laws. In a letter addressed to EPAadministrator Michael ReganOn Wednesday, HuffmanHe and another said that Democratic House members had “serious concerns” around cryptoThe following firms are located in the … Read more

Upcoming airdrop and boosted staking rewards send Origin Protocol (OGN) price higher

Upcoming airdrop and boosted staking rewards send Origin Protocol (OGN) price higher

StablecoinMinting andNonfungible tokens, or NFTs, have been the latest topic in cryptocurrency market. andProtocols like Terra(LUNA) led the discussion on why stablecoins need to be backed with assets like Bitcoin and Avalanche (AVAX).  OneThis project appears to be following Terra’sLead is Origin Protocol(OGN), an NFT platform andFinance decentralized DataFrom Cointelegraph Markets Pro andTradingView shows that … Read more

Noncustodial Bitcoin wallets unbannable, says exec behind Trezor wallets

Noncustodial Bitcoin wallets unbannable, says exec behind Trezor wallets

AsRegulators become more concerned about investors moving their cryptocurrency from centralized exchanges, one industry, to the other. execA probability assessment has been done on the possibility of a noncustodial ban wallets. Stepan UherikSatoshiLabs’ chief financial officer is. behindThe Trezor hardware wallet, is confident that it’s highly unlikely that governments around the world would manage to … Read more

Derivatives exchange dYdX to become ‘100% decentralized by EOY’

Derivatives exchange dYdX to become '100% decentralized by EOY'

Ethereum Layer 2-based crypto derivatives trading platform dYdXHas vowed to become “100% decentralized by EOY” via the protocol’s V4 update. dYdXPerpetual contracts are derivatives products that borrow elements of both spot margin trading or futures trading, but they do not have an expiry. AtOnly certain components of the following are available dYdXThese are decentralizedIncluding its … Read more