Generative Data Intelligence

Tag: May

Arca Strongly Objects to SushiSwap’s Phantom Troupe Proposal

Cryptocurrency assets management firm Arca has strongly objected to the Phantom Trope proposal of SushiSwap. Earlier last week, SushiSwap pitched its Phantom Troupe proposal as part of its broader Treasury Diversification plan. Calling it a “strategic raise”, the proposal aims to use 51m SUSHI coins in the SushiSwap Treasury to onboard institutional investors. Community member

The post Arca Strongly Objects to SushiSwap’s Phantom Troupe Proposal appeared first on Coingape.

SUSHI Technical Analysis: Price May Soon Fall Below $6.75, Watch for $6.67

Currently, SUSHI is above the first Fibonacci pivot resistance level of $6.74.The price may soon fall below it and further below the Fibonacci pivot point of $6.52. Thereafter, we have to wait and watch if the price continues to fall or starts increasing again.Currently, the price is above the 23.6% FIB retracement level of $6.75. It may soon fall below it and further below the 38.2% FIB retracement level of $6.67. By day close, if the price retests and breaks out of these levels, then the bullish trend is strong enough to sustain till tomorrow.

Bitcoin Rangebound in Anticipation of a Major Move: The Weekly Crypto Recap

It was a tough week price-wise in the cryptocurrency market. The total capitalization lost around $100 billion as every single coin from the...

 Why is Cardano the primary hedge against Ethereum for this analyst

Bitcoin has been slumping to a lower level lately, having failed to sustain itself consistently over the $32k mark. Likewise, Ethereum dropped by almost...

Cardano DeFi Project Spores Raises $2.3 Million in Funding Round

It was a tough week price-wise in the cryptocurrency market. The total capitalization lost around $100 billion as every single coin from the...

Japan to Implement Stricter Rules on Stablecoins: Report

It was a tough week price-wise in the cryptocurrency market. The total capitalization lost around $100 billion as every single coin from the...

The dilemma of interoperability & trustlessness: Genuine or apparent?

There are times when we have two choices (or maybe more) that are mutually exclusive. Choosing one implies forgoing the other, as we can have them both at the same time.

The post The dilemma of interoperability & trustlessness: Genuine or apparent? appeared first on CryptoSlate.

AXIA Coin launch on KuCoin signals new contender in the digital currency space

It was a tough week price-wise in the cryptocurrency market. The total capitalization lost around $100 billion as every single coin from the...

Bank of America Reportedly Approves Bitcoin Futures Trading

It was a tough week price-wise in the cryptocurrency market. The total capitalization lost around $100 billion as every single coin from the...

Stock-to-Flow Model Indicates Great Time to Buy Bitcoin: Lex Moskovski

Lex Moskovski posted a tweet with an accompanying stock-to-flow deflection chart for Bitcoin signaling that opportunities are ripe for investors.

Bank of America Starts Letting Some Clients Trade Bitcoin Futures

The second-largest bank in the United States, Bank of America, has reportedly started letting some clients trade bitcoin futures after having a conservative approach to the cryptocurrency sector. According to a report by CoinDesk citing people with knowledge of the matter who wished to remain anonymous, the bank’s move comes due to the large amount […]

Apex Legends Mobile’s closed beta is coming to Indonesia, the Philippines, and Malaysia

Apex Legends Mobile will soon be launching in a closed beta to Indonesia, the Philippines, and Malaysia, Respawn said in a tweet today....

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