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White Whale: Enabling the UST peg in a decentralized manner

Source Node: https://ambcrypto.com/white-whale-enabling-the-ust-peg-in-a-decentralized-manner/
Time Stamp: November 19, 2021 9:30 AM - Modified On: November 19, 2021 - Published By:
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Republished By Plato

When looking at the Cryptosphere, there are a number of challenges that are immediately present. The maintenance or consistency of the UST (TerraUSD) peg, is one of these challenges. If a stablecoin cannot hold its peg, the entire ecosystem that is built around it can fail. This is not a hypothetical situation, but one that has happened to other algorithmic stable coins, it resulted in the peg being lost and projects dumping to zero. Another issue smaller investors are facing is the “whales”. Whales have been known to manipulate markets,

Aquaris AMA Session With BeInCrypto

Source Node: https://beincrypto.com/aquaris-ama-session-with-beincrypto/
Time Stamp: November 19, 2021 6:00 AM - Modified On: November 19, 2021 - Published By:
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Hi Everyone! Welcome to another BeInCrypto AMA Session.Sponsored Sponsored Today we have Andrei (@Andrei_AQUARIS) and Alex (@AlexAQUARIS). They are respectively co-founder and COO of Aquaris.  For the uninitiated, Aquaris is a platform that aims to modernize and optimize the fish product industry using blockchain technology.Sponsored Sponsored BeInCrypto (BIC): Here is how things will work. I’ll have 10 questions for them. After that, they will pick up 5 out of all the questions you asked before the session. Good luck to you all!(This AMA session has been edited for clarity.) BIC:

Is Litecoin becoming the hub of FOMO among the older cryptos

Source Node: https://ambcrypto.com/is-litecoin-becoming-the-hub-of-fomo-among-the-older-cryptos/
Time Stamp: November 18, 2021 3:30 AM - Modified On: November 18, 2021 - Published By:
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Republished By Plato

When AMCTheatres enabled the option to pay in cryptos, Litecoin registered a decent hike. The reasoning seemed genuine and even additional metrics pointed out that it was probably an organic rise in the short term. However, on further research, it appeared that Litecoin has begun following a pattern. One where it goes up by a significant margin, sits there for a while, and then drops back down, canceling all or most of the growth. An example of the same can be found on the chart itself. For better reference, occurrences

Crypto Investor News for 11/16

Source Node: https://www.bitcoinmarketjournal.com/crypto-investors-news-for-11-16/
Time Stamp: November 17, 2021 9:47 AM - Modified On: November 17, 2021 - Published By:
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Republished By Plato

Your Crypto Rights (Binance): A manifesto for how the crypto industry needs to evolve, with a priority on your rights as an investor. Investor Takeaway: Binance, which makes up part of our Future Winners portfolio, is once again leading the charge with a future-focused take on crypto regulation. We agree with all ten points. Read them. A six-minute explainer video on DeFi, courtesy of Wall Street Journal.Investor takeaway: Remember, the platform that most DeFi is built upon is Ethereum, which is why we buy and hold ETH for the long

Kryptomon to list KMON token on Gate.io in partnership with its first Tier-1 CEX

Source Node: https://ambcrypto.com/kryptomon-to-list-kmon-token-on-gate-io-in-partnership-with-its-first-tier-1-cex/
Time Stamp: November 17, 2021 6:30 AM - Modified On: November 17, 2021 - Published By:
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Republished By Plato

Kryptomon is pleased to announce its token $KMON on Gate.io, following the sale of its first Legendary Kryptomon for an eye-watering $49,700 in the first-ever Kryptomon auction, the Kryptomon team seem to have no intention of resting on their laurels.  In an overwhelming outpouring of support from Binance users worldwide, not only did all 2000 Kryptomon Mystery Boxes sell out on the BinanceNFT marketplace in a reported 0.27 seconds, those same mystery boxes have generated a trading volume of almost $1M on the secondary resell market just days after listing. 

Bitcoin (BTC) Falls Sharply Towards $60,000 — Where Will It Find Support?

Source Node: https://beincrypto.com/bitcoin-btc-falls-sharply-towards-60000-where-will-it-find-support/
Time Stamp: November 16, 2021 2:20 AM - Modified On: November 16, 2021 - Published By:
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Republished By Plato

Bitcoin (BTC) decreased considerably on Nov 15 and followed it up with an even sharper fall on Nov 16. It is currently attempting to find support.Sponsored Sponsored BTC has been moving downwards since reaching an all-time high price of $69,000 on Nov 10. The downward movement was followed bearish divergences in both the MACD and RSI. Such occurrences often precede bearish trend reversals. The closest support level is found at $57,850. This is the 0.382 short-term (white) Fib retracement support level. If it fails to initiate a bounce, there would

‘Big Short’ Investor Michael Burry Says ‘I’ve Never Shorted Any Cryptocurrency’ — Warns of the Biggest Bubble

Source Node: https://news.bitcoin.com/big-short-investor-michael-burry-never-shorted-any-cryptocurrency-warns-biggest-bubble/
Time Stamp: November 15, 2021 9:30 PM - Modified On: November 15, 2021 - Published By:
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Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says that he has never shorted any cryptocurrency. He further warned that the current bubble is the biggest one. Michael Burry on Bubbles and Shorting Cryptocurrencies Famous investor and founder of private investment firm Scion Asset Management, Michael Burry, has confirmed on Twitter that he has never shorted cryptocurrency. Burry is best known for being the first investor to foresee and profit from the U.S. subprime mortgage crisis that occurred between 2007 and 2010. He is profiled in

Here’s how Cardano can break away from its bearish shackles

Source Node: https://ambcrypto.com/heres-how-cardano-can-break-away-from-its-bearish-shackles/
Time Stamp: November 15, 2021 6:30 PM - Modified On: November 15, 2021 - Published By:
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Republished By Plato

Cardano has been in a constant downtrend since early-September and has struggled to recover lost ground even during broader market rallies. The last rally was observed between 5-10 November, although bulls were unable to clear the 38.2% Fibonacci level. Over the near-term, ADA could continue its consolidation and expect traders to shift back to long positions once ADA closes above $2.30. At the time of writing, ADA traded at $2.06, up by 1.2% over the last 24 hours. Cardano Daily Chart Source: ADA/USD, TradingView A look at ADA’s On Balance

What Is Solv Protocol?

Source Node: https://www.asiacryptotoday.com/solv-protocol/
Time Stamp: November 15, 2021 4:28 AM - Modified On: November 15, 2021 - Published By:
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Republished By Plato

Solv Protocol is a decentralized platform created specifically for creating, managing, and trading financial NFTs. Blockchain has brought a lot of innovations to the world in such a short amount of time, but the mainstream adoption rate is just starting to take off. In other words, it would soon evolve into new forms and services that would further redefine how people interact with their assets and how they grow their wealth.  Table of Contents Background  Non-fungible tokens (NFTs) are one of the most popular blockchain-based products. And while they are usually

Best Crypto Staking Yields: Which Coins Earn the Most in 2021?

Source Node: https://www.bitcoinmarketjournal.com/best-crypto-staking-yields/
Time Stamp: November 15, 2021 3:00 AM - Modified On: November 15, 2021 - Published By:
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Republished By Plato

With Ethereum switching over to a Proof of Stake (PoS) protocol, crypto staking is exploding in popularity. Once the switch is complete, ETH will join the growing list of PoS cryptocurrencies attracting the attention of investors looking to earn income on their coin holdings. Plenty of crypto exchanges and platforms already offer users the ability to dip their toes into crypto staking at minimum cost. But the million-dollar question is – which crypto is the best for staking? The following table and individual crypto reviews may help you in finding

Gemini Lists Shiba Inu (SHIB) After Other Major Exchanges Offer Support

Source Node: https://beincrypto.com/gemini-lists-shiba-inu-shib-major-exchanges-support/
Time Stamp: November 15, 2021 12:40 AM - Modified On: November 15, 2021 - Published By:
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Republished By Plato

Gemini has pleasantly surprised the Shiba Inu (SHIB) community by announcing the listing of the token on its platform, among a slew of other tokens.Sponsored Sponsored Gemini announced on Nov. 12, 2021, that it was adding support for Shiba Inu (SHIB), Audius (AUDIO), Mask Network (MASK), Wrapped Centrifuge (wCFG), Quant (QNT), Radicle (RAD), Burn (ASH), SuperRare (RARE), Fetch AI (FET), and Numeraire (NMR) deposits and custody. Other tokens will also be supported, including new DeFi, metaverse, infrastructure, and data management tokens. Trading for these newly-listed tokens will open on API/FIX