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
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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
Why is Cardano the primary hedge against Ethereum for this analyst
Cardano DeFi Project Spores Raises $2.3 Million in Funding Round
Japan to Implement Stricter Rules on Stablecoins: Report
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
Bank of America Reportedly Approves Bitcoin Futures Trading
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.