Colorado has set forth a new law that will allow people to pay for taxes and fees with cryptocurrency. Colorado Says “Yes” to Crypto Payments for Tax Fees Governor Jared Polis announced the news late last week, commenting: In Colorado, we’ve been laying the groundwork to be a center of crypto and blockchain innovation for...

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The post Ethereum Feared to Revisit $2500 Levels, How Will ETH Record A Bearish Monthly Close? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Ethereum price till now is among the best investment options within the entire crypto space. As it was always speculated to undergo a calculated rally to avoid huge price variations to a large extent. Currently, the ETH price is steadily heading towards the immediate highs. Yet compressing the resistance and the support levels, it is …

Since striking its ATH on 2 September, Cardano (ADA) initiated its downtrend and practically swayed below its 20-50 EMA. The decline proved to be rather menacing for the bulls as they failed to defend the $1-mark. A close above the $0.9-mark would position ADA for a possible retest of its Point of Control (POC). Post […]

The post Bitcoin May Witness Another 5%-8% Plunge, Will The BTC Price Hit Pivotal Zones Around $42,000? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Bitcoin price after the steep fall quickly rebounded within a very short span of time. However, despite showcasing immense bullish moments yet the price is unable to breach through the major resistance at $40,000. In the upcoming days, the BTC price may face another rejection but may flip back to hit $42,000.  The BTC price …

Metaverse dominates the year 2022. Craze epicly on rise for acquiring virtual lands on Metaverse platforms .  Virtual lands value

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Bitcoin Price Prediction – February 27 The Bitcoin price prediction shows that BTC is falling below the moving averages as it trades around the $38,248 [...]

Ramat Hasharon, Israel, 27th February, 2022, Chainwire The HYPERSLOTHS NFT project aims to go where no one has gone before

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LUNA is a blockchain used for launching algorithmic stable coins and is now among the top DeFi platforms when it comes to total value locked up in circulation. LUNA has been trending higher over the last few days, but it gained even more momentum over the previous 48 hours. By closing 40% greater, LUNA was among this past week’s biggest gainers. Related Reading | Bitcoin Surges to $40,000 After Breaking Key Resistance The news that Luna Foundation Guard (LFG) created a Bitcoin-denominated reserve has caused markets to react positively. This will act as an extra layer of stability and security for Terra USD, which is currently struggling with sharp fluctuations in prices due to its low liquidity status on exchanges. LFG has announced that it will be investing $1 billion towards building up its Bitcoin reserves. The best part about this news? All of LFs’ coins are locked for 4-years, which means they won’t be able to trade until after those periods. This increases investor confidence across multiple platforms, including LUNA, with demand rising accordingly. Because investors look for safe-haven assets during these uncertain times. The recent move by the US Treasury to create a Bitcoin reserve is being met with rave reviews from analysts and experts. As a result, this new development should lower price fluctuations for UST. The Mechanism  UST is a stablecoin fixed to the US dollar via an algorithm. Unlike other centralized cryptocurrencies, it isn’t backed by anything but Luuna (the company behind them). If prices fall off their peg and go lower than $1 per token, UST can be swapped for LUNA (which is minted). And can be sold for $1, providing arbitrage gains for investors. The opposite happens when demand increases; burning more luna means higher prices because there’ll be less overall supply coming into circulation. Terra’s introduction of a Bitcoin reserve could be seen as the next important step in reducing volatility within its ecosystem. This is because it reduces the correlation between UST and bitcoin.  This means that if traders want to swap out their coins for different assets, they will have plenty available with this new addition. Is It Worth Buying LUNA Now? LUNA’s price has been on an upward trend recently, and it was trading at $74.34 on February 26th, 2022. The coin increased13% in 24 hours. Related Reading | Cryptocurrency Prices Soar On Possibility Of Russia-Ukraine Talks LUNA is currently trading just below the $77.17 weekly support level, with a strong uptrend since February 24th. So keep an eye on this one – it might be time to buy more shares before they climb higher in future updates. If you’re looking to invest in crypto, buying volumes increase, and Luuna is a good bet. The altcoin has been pushing through recent resistance levels with ease. In fact, it could test prices above $90 before the end of February. With LUNA currently trading in a strong uptrend, the crypto is not too late to turn bearish. If this happens, investors should look out below $65 as support, which could signal an upcoming downtrend may be near. Featured image from Flickr, Chart from TradingView.com

All you need to know about ‘developed’ Ethereum network’s (Almost) 300K validator nodes The crypto-market has seen significant price corrections since the geopolitical uncertainties of Eastern Europe gripped the globe. However, Ethereum has recovered after falling well close to $2300 on the charts on 24 February. At the time of writing, ETH was trading above […]

Ukraine accepts USDT, ETH, and BTC donations to help fund the ongoing war against Russia so the government reached out to the community on Twitter to raise more funds to support the civilians and the troops as we can see more today in our latest cryptocurrency news. Within the first week of the Russia-Ukraine war, […]

As the crypto-market recovered over the past two days, LUNA tested the 78.6% Fibonacci resistance while entering into an overbought position. Avalanche saw decent gains over the last few days as it swayed above its 20-50-200 SMA. For Tron, the $0.06-mark would be crucial to determining the chances of a possible breakout of the current […]

PRESS RELEASE. DUBAI, UAE: MContent has announced the arrival of the Cineverse to the world whereby they aspire to bring Cinema to people anywhere, anytime – MContent and their launch was enabled due to a collaboration with PwC Middle East emerging technology teams. A high-end launch event was attended by notable guests at Palm […]