Cryptocurrency News TheBitTimes.com

We are delighted to announce that @Marlowe_io has been audited both internally and externally by @tweagio, and is now available for developers to run on Cardano mainnet! advertisement Marlowe is a set of tools that enables the development, integration, and deployment of #smartcontracts on… https://t.co/M5dMygDf7J — Input Output (@InputOutputHK) May 30, 2023 Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Exchange Affiliate Programs In 2023 Must Read Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks [Updated] Must Read ...

However, traders still need to track both Bitcoin and Cardano for bullish confirmations, as US Federal Reserve Chair Jerome Powell’s speech on Friday will be a key trigger. advertisement Cardano Price Can Hit $0.45, Bitcoin At Cardano influencer Dan Gambardello in a YouTube video on May 15 noted momentum oscillators hinting at a shift in Bitcoin price momentum. BTC price found support and rebound from the key 200-WMA level at $26,000 and traders look for bullish confirmations. In the daily timeframe, BTC price is at an inflection point as so much is happening right now. With RSI bouncing near the oversold region and 20MA crossover above 50MA possibility this week, BTC price could turn bullish again this week itself. However, there are also chances of a fall with so much uncertainty and events such as US Fed Chair Jerome Powell’s speech on Friday. Bitcoin Price in Daily Timeframe. Source: TradingView BTC price jumped 2% in the last 24 hours, with t...

While most coins are reeling under pressure, Bitcoin and select altcoins such as ADA, ATOM, LDO, and ARB are showing promise. The S&P 500 Index (SPX) closed the week with a nominal loss of 0.29% but Bitcoin (BTC) is on target to finish the week with a deeper cut of more than 5%. The weakness in Bitcoin pulled several altcoins lower, indicating weakening sentiment. A silver lining is Bitcoin’s solid bounce on May 12. Several analysts anticipate Bitcoin to start a recovery but monitoring resource Material Indicators sounded cautious. In a recent analysis, they said that the lack of a strong bid from the whales at lower levels could be a concerning sign. They believe that the bullish perspective will invalidate if Bitcoin sustains below the 200-week moving average. Crypto market data daily view. Source: Coin360 Over the next few days, the progress on the debt ceiling talks between leaders from Congress and the White House is expected to take center stage. The uncertainty and risks ...

The algo-stablecoin Djed from DeFi service provider COTI deployed on the Cardano mainnet after its successful security audit. Since the fall of the Terra (LUNA) algorithmic-stablecoin in mid-2022, many users in the crypto space have developed a weariness towards that particular asset class. The market for algorithmic stablecoins has dropped 10 times what it was at its all-time high prior to the Terra incident. However, this has not stopped developers on the Cardano network pushed forward with the launch of the ecosystem’s overcollateralized stablecoin. Djed (DJED) launched on the Cardano mainnet on Jan 31. and is pegged to USD and backed by Cardano’s native coin ADA (ADA). It uses the SHEN token as its reserve coin. According to the announcement the new token recently completed a successful security audit and was under development for over a year. DJED is a product of Coti, a decentralized financial (DeFi) solutions developer on the Cardano blockchain, as a means for new DeFi and pa...

Security vs. not a security has always been an ongoing debate in the crypto ecosystem. With the multi-billion dollar crypto market growing, investors have been waiting on how various financial regulatory agencies will regulate it. In fact, at the heart of SEC’s lawsuit against Ripple, the matter of dispute remains to be the same. The agency filed a lawsuit against the blockchain payments firm back in December 2020. They argued that its native XRP tokens fell under the “ security ” category and not the “currency” category. On Tuesday, Gene Hoffman, the CCO of blockchain project Chia took to Twitter to state that PoW assets like Bitcoin, Litecoin, and Dogecoin are not sec urities, while the likes of Ethereum, XRP, Solana , and Cardano are. he explicitly tweeted, “BTC, LTC, DOGE, XCH not securities. ETH, XRP, FTT, SOL, AVAX, ADA always have been.” In fact, a couple of days back, when Ethereum founder Vitalik Buterin opined on what he...