Day: May 13, 2022

Seagul Is Looking To Give The Relevance That Web3 Deserves With Their Services

GetNews

Seagul is a Brazilian company that’s willing to give the relevance that Web 3.0 and all that digital space truly deserves.With their services of support, press and advisory, they help to create and increase the value of projects, artists and founders of this universe. Their work englobes all the steps of project collabs, even the advice to verify which project or person in their social media. They have a team that works since the beginning of the services, promoting campaigns in all sorts of websites and portals. What makes them…

Argentina Was at the Cusp of a Crypto Boom. The Central Bank Had Other Plans

Anthony B

According to sources, the BCRA’s decision generated bewilderment among the numerous exchanges operating in Argentina, which have recorded high growth rates in the last three years, largely because Argentines are not prevented from acquiring dollar-pegged stablecoins on their platforms. Consequently, in 2021, for example, the use of stablecoins increased sixfold, with DAI leading the way. Author: Source link

Bitcoin price could bounce to $35K, but analysts say don’t expect a ‘V-shaped recovery’

Jordan Finneseth

Altcoins saw a relief bounce on May 13 as the initial panic sparked by Bitcoin’s sell-off Terra’s UST collapse and multiple stablecoins losing their dollar peg begins to decrease and risk loving traders look to scoop up assets trading at yearly lows. Daily cryptocurrency market performance. Source: Coin360 Despite the significant correction that occurred over the past week, Bitcoin (BTC) bulls have managed to claw their way back to the $30,000 zone, a level which has been defended multiple times during the 2021 bull market. Here’s a look at what…

Buy the dip, or wait for max pain? Analysts debate whether Bitcoin price has bottomed

Jordan Finneseth

Its’ been a rough week for the cryptocurrency market, primarily because of the Terra ecosystem collapse and its knock-on effect on Bitcoin, Ethereum and altcoin prices, plus the panic selling that took place after stablecoins lost their peg to the US dollar. The bearish headwinds for the crypto market have been building since late 2021 as the US dollar gained strength and the United States Federal Reserve hinted that it would raise interest rates throughout the year. According to a recent report from Delphi Digital, the 14-month RSI for the DXY…

Bitcoin Recovers Above $30,000, Has The Bottom Been Marked?

Best Owie

Bitcoin has now started another recovery trend that has seen it mark its position above $30,000 once more. This is a welcome development after the market had seen various crashes that have sent investors into a panic. However, while investors heave a sigh of relief as the digital asset has begun to recover, other concerns have arisen in the market, including if the uptrend will continue and if bitcoin has already seen the bottom of this crash. Did It Mark The Bottom? The recent comeback has indicated that bitcoin has…

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