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Showing posts from March, 2022

Cardano: Is the number of institutional investors increasing?

 On Chain Cardano transactions above $100,000 surge 50x in 2022, suggesting strong institutional demand. Cardano (ADA) has been on an uptrend for the past few weeks. The price ran in sync with the number of projects that were integrated into the blockchain. In 2022, Cardano is seeing greater institutional demand, as seen by the rising volume of on-chain transactions above $100,000. These are up 50x this year, according to data from IntoTheBlock. IntoTheBlock highlighted that as of March 28, more than 69 billion ADA were transferred, accounting for 99% of the total on-chain volume. “Cardano is seeing increasing institutional demand. The volume of on-chain transactions >$100,000 has grown 50x in 2022 alone.” The latest data shows that the price of ADA is rising ahead of hard forks, which may have prompted many crypto traders to bet on a bullish price as ADA is set to see another hard fork in June 2022. As of March 30, Cardana has reached a total market cap of $40.3 billion. Especi...

AAVE up 84% since V3 upgrade

  Aave's decentralized finance (DeFi) lending protocol has grown 84% since its V3 upgrade on March 16, which included improvements in security, decentralization, blockchain interoperability, and risk management. This also resulted in lower transaction fees. In this short article you will find all the details about AAVE: what it is, whether it is worth investing in and the best places to buy AAVE right now. What is AAVE? AAVE is a crypto lending protocol with some unique selling points. You can choose from around 20 cryptos to borrow and lend, plenty to choose from. One of the first products of the protocol were “flash loans”, which are considered the flagship unsecured lending option in DeFi. Borrowers can also switch between variable and fixed rates. The former can be beneficial if you think prices are going to fall. The latter can provide much-needed cost certainty in volatile times. Should I buy AAVE today? Aave may be among the top gainers over the past 24 hours, but it's s...

MetaMask: Apple Pay integration and more iOS updates

 MetaMask informed iPhone and Apple Pay users about some innovations via Twitter on Tuesday. The main new feature makes it possible to buy cryptocurrencies with a debit or credit card via the mobile application. As a result, Ether ( ETH ) no longer has to be transferred from a central exchange such as Coinbase to the application.  MetaMask uses two payment gateways, Wyre and Transak, to offer debit and credit card transactions. Thanks to the Wyre API, users can now use stored Visa and Mastercards with Apple Pay to buy ETH. They can deposit a maximum of $400 into their wallets daily. Gas fees to be lower According to MetaMask's Twitter posts, some transactions can even be entirely fee-free if performed on a private blockchain or if a project pays the gas fee on behalf of the user. MetaMask has stated that the company does not benefit from gas fees on ETH purchases. For some time now, you can buy the stablecoins Tether ( USDT ), USD Coin ( USDC ) and Dai ( DAI ) on the Ethereum ...

Soccer Star Messi Earns $20M for Crypto Ads

  Argentinian soccer legend Lionel Messi is the new ambassador of fan token company Socios . This emerges from a report by the Reuters news agency. Messi's current club Paris Saint-Germain introduced a fan token back in 2020. The French first division team is thus allowing its fans to take part in certain votes. Messi himself has also been plentifully supplied with the PSG tokens . My Top Picks Honeygain - Passive earner that pays in BTC or PayPal M andalaExchange - The Best no KYC crypto Exchange! BetFury - Play And Earn BFG for daily Bitcoin and ETH dividends! Pipeflare - Faucet that pays in ZCash and Matic, Games pay in DAI Womplay - Mobile dApp gaming platform that rewards in EOS and Bitcoin Cointiply - The #1 Crypto Earning Site Torum - Join the latest Social Network and earn TRM for Free! LiteCoinPay - The #1 FaucetPay earner for Litecoin  LBRY/Odysee - YouTube Alternative that lets you earn Money by viewing videos! FaucetPay - The #1 Microwallet Platform FRE...

Bitcoin (BTC) before another test: Analysts expect a very strong increase

  Cryptocurrency market sentiment has improved significantly over the past week on the back of gains. Bitcoin ( BTC ) is now hovering around $48,000 and Ether ( ETH ) is attempting to sustain above $3,400.  Data shows bitcoin price hovering around $48,000 since breaking out above $45,000 on March 28. Now the bulls are hoping for a rally towards $80,000. What are analysts saying about the outlook for BTC and what levels to watch if there is a pullback or another breakout? Bitcoin 1-year moving average report out "Keeping it simple is often best," said independent market analyst Philip Swift. To do this, he uploaded the chart below , which plots Bitcoin's price against its 1-year moving average. Swift explained: “Price is now breaking out above the 1-year moving average. Historically, this has been a key level where Bitcoin has signaled that a new bullish trend is starting.” Possible entry at $45,000 Crypto trader and Twitter user, "Phoenix," has outlined a possib...