After climbing a short step up last week, the average 7-day moving crypto market sentiment score (sentscore) for ten major coins slipped to 5 from 5.15, according to the market sentiment analysis service Omenics. Ethereum (ETH)’s sentiment is still above bitcoin (BTC)’s, and is the only coin with a positive sentscore.
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South Korean police have recovered a bumper haul of ethereum (ETH) tokens stolen from an exchange by hackers in 2018 after a three-year search – and the victims, the trading platform’s customers, are set to be reunited with their coins, which have appreciated in value, despite the recent market slump. An unnamed domestic crypto exchange was raided to the tune of around…
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Jesse Powell. Source: A video screenshot, Youtube/Kraken Bitcoin Exchange Despite the recent sharp correction in the crypto market, Jesse Powell, Co-founder and CEO of major crypto exchange Kraken, still claims that one bitcoin (BTC) will buy you a Lamborghini (starts at USD 200K) by the end of the year, but he stressed that people should not gamble with their much-needed money in the crypto…
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Elon Musk. It seems that Ethereum (ETH) co-founder Vitalik Buterin’s argument that the markets would pay less attention to Tesla chief Elon Musk’s Bitcoin (BTC)-related tweets got a continuation - with a sentiment tracking company finding less than 15% of May tweets about Musk being positive. The positive-to-negative sentiment of tweets about the SpaceX chief reached…
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Tether is a type of cryptocurrency known as a stablecoin, that’s pegged to the price of the U.S. dollar. Here’s everything you need to know….
Continue reading on https://decrypt.co/5704/tether-2
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Despite the recent selloff, some cryptoassets did much better than others last week, as the market started showing some early signs of a potential recovery. The top five coins leading the market out of the slump were decentralized finance (DeFi) darlings polygon (MATIC), enjin coin (ENJ), decred (DCR), uniswap (UNI), as well as crypto platform Horizen’s ZEN - all of…
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The financial asset manager, Wisdomtree, is now the second institution to file for an ethereum-based exchange-traded fund (ETF), following Vaneck’s recent filing on May 7. The recently filed S-1 with the U.S. Securities and Exchange Commission (SEC) says the fund’s “investment objective is to gain exposure to the price of ether.
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Source: Adobe/H_Ko Ethereum (ETH) is changing. Not only is it undertaking the gradual process of transitioning to a proof-of-stake (PoS) consensus mechanism, but it’s only a couple of months away from significantly revamping its monetary system, via Ethereum Improvement Proposal (EIP) 1559. EIP-1559 proposes to split Ethereum gas fees into two parts: a tip which can be set by a transaction’s…
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For quite some time now cryptocurrency traders have been leveraging bitcoin-based assets tethered to alternative blockchains. Mid-May statistics show there’s more than 299,000 bitcoin, worth over $12.8 billion today, tied to wrapped or synthetic bitcoin projects hosted on Ethereum or the Binance Smart Chain. Layer 2 and Sidechain Competitors Command $251 Million in Bitcoin Value […]…
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The blockchain company Tether has announced it will make available its stablecoin token as a native asset in Avalanche, a smart contract platform that has picked steam in the last year. Avalanche has a growing decentralized finance (defi) ecosystem, so this launch will most likely improve its state, providing users an official and safe way […]…
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