Stablecoins are an integral part of the crypto market as they are the haven that protects them from dangers like high volatility. As per the reports from Huobi, stablecoins have been more than just a ...
Tag: Favor
SOL Price Trapped in Consolidation, But Indicators Favor Sellers
The Solana(SOL) price has been resonating between the $110 and $100 level for nearly two weeks, indicating a no-trading zone. Furthermore, indicators reflect a sell signal which could bolster the $100...
Louisiana state Rep. proposes new bill that could favor Bitcoin mining
TL;DR Breakdown The representative from Louisiana State and crypto fanatic Mark Wright has proposed a Bill called “No. 1010,” which may allow for the creation of deregulated industrial energy zones be...
‘Pay In Doge?’—Elon Musk’s Surprise Twitter Plan Could Sideline Bitcoin And Ethereum In Favor Of Dogecoin After Boosting Its Price
Elon Musk, the dogecoin-backing Telsa billionaire who sent shockwaves through the bitcoin, crypto and tech world when he revealed he’d bought around 9% of Twitter this month, has posted a flurry...
Cryptocurrency Is In Great Favor As Per Cowen’s CEO
Cowen’s cryptocurrency unit has begun trading with 16 other cryptocurrencies, including Bitcoin and Solana. Cowen Digital intends to give exposure to non-fungible tokens (NFTs), advanced cryptoc...
Bitcoin derivatives metrics favor a move to $48K, but only after a lower support retest
Bitcoin (BTC) saw an 11% gain in the past week after the $46,000 resistance finally broke after 82 days. Many crypto pundits argue that Terraform Labs CEO Do Kwon has played an important role in the p...
EU Parliament Votes in Favor of Amendment That Would Affect Unhosted Crypto Wallets
The EU Parliament has voted in favor of a transfer of funds regulation affecting unhosted crypto wallets. The bill is not in the final stage of the legislative process, with a plenary session expected...
EU Voted In Favor Of A Crypto Wallet Crackdown, What’s Next?
Per a report from Patrick Hansen, developer at Unstoppable Finance, the European Union Parliament could be about to crackdown on crypto wallets and their users. This entity just approved a revision to...
Massachusetts Court Rules in Favor of Robinhood
A Massachusetts court on Wednesday ruled in favor of Robinhood as the brokerage platform went to court against an enforcement action of Massachusetts Secretary of State Bill Galvin, who accused the br...
New Senate candidate Bryan Solstin claims Bitcoin as “the Great Reset,” but will it work in his favor?
Last week, the world witnessed a successful utilization of crypto adoption in winning the presidential elections. It seems like Bryan Solstin has been watching and now is ready to give it a try himsel...
Three more Starbucks locations in Buffalo vote in favor of union
The Starbucks Workers United hub in Buffalo on November 16, 2021. Libby March | The Washington Post | Getty Images Three more Starbucks locations in the Buffalo, New York, area have voted in support o...
The evidence in favor of Uniswap’s 78.5% domination of DEX market
Along with the rest of the cryptocurrencies, the exchanges also suffered the ‘dip’.Despite massive popularity, Decentralized Exchanges weren’t alien to the same. Even so, Uniswap managed to maintain i...
The evidence in favor of Polkadot’s price action being an outlier
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The market always moves in waves. And, for Polkadot, this wave has...
Investors Vote With Their Money In Favor Of Private Capital Hybrid Hedge Funds
It’s no secret that investors have been disappointed with hedge fund performance in recent years. As a group, hedge funds again underperformed the major stock market indices during the fourth qu...
El Salvador to Reform Laws to Favor Citizenship through Investment
Bitcoiners are looking to migrate to El Salvador for its reception to the crypto world may soon get more than just the warm reception. President Nayib Bukele is pushing for a number of policy reforms ...
Ripple Gains Edge Versus SEC? New Evidence May Favor XRP
The legal battle between payment company Ripple and the U.S. Securities and Exchange Commission (SEC) carries on. Going in on its second year, newly released documents could provide the payment compan...
Bitcoin Dominance Will Continue To Decline In Favor Of Ethereum, Altcoins, FTX US President
Bitcoin has maintained dominance over altcoins like Ethereum and others for the longest time. This dominance, although has declined over time, still helps the digital asset maintain its title as the m...
As tensions mount over Ukraine, is Russia weening itself off dollars in favor of Bitcoin?
Wednesday saw Russia announce plans to recognize Bitcoin and other cryptocurrencies legally. Local news sources report that this paves the way to integrate digital currencies with its legacy financial...
With 99.56% of users in favor, Aave to be deployed on Evmos and the greater Cosmos ecosystem
The Evmos community has passed a proposal to deploy Aave V3 on Evmos. This marks an important milestone for the Cosmos-based EVM-compatible chain as it seeks to launch its mainnet later this month. Ev...
SLP’s prospects may be gloomy, but here’s why the odds may soon be in Axie Infinity’s favor
Where do baby Axies come from? Well, when two adult Axies really love each other, they drink the Smooth Love Potion and start a family. SLP is the ERC-20 token used within the Axie universe to breed t...
These indicators may favor Bitcoin and Ethereum despite a rocky start to 2022
The entire cryptocurrency market is off to a rocky start in 2022. Bitcoin notched a three-month low as global markets continued their New Year sell-off due to different factors. Ethereum fared even wo...
Bitcoin (BTC) Price Analysis: Option Data Skewed In Favor Of Bears; Will BTC Move Past $40k?
Bitcoin (BTC) price touched the $39k threshold on the previous day, the highest level in the last two weeks. But, the traders are not confident to sustain the momentum as a result BTC trades in a very...
Putin is in favor of regulating crypto mining in Russia: Report
advertisement Russia’s President Vladimir Putin is reportedly backing plans for regulating crypto mining in the country, Bloomberg reported on Thursday. According to unnamed sources familiar with the ...
Putin In Favor Of Bitcoin Mining, Opposes Crypto Ban Proposal
President Vladimir Putin argued in favor of bitcoin mining citing the competitive advantages it brings for the country, thus opposing the crypto mining ban recently proposed by the Central Bank follow...
Ethereum Foundation Kills ‘ETH 2.0’ in Favor of ‘Consensus Layer’ Rebrand
In brief Tactics have changed since the Ethereum 2.0 roadmap was first developed. Developers are changing their terminology to reflect these shifts. The good news for developers is that the next time ...
As Markets Break Down, Traders Favor Ethereum (ETH), Solana (SOL), and Two More Altcoins, According to Crypto Algorithm
An autonomous bot that’s been outperforming the crypto market by using data from weekly surveys of traders shows strong demand for Ethereum and three other altcoins. The Real Vision Bot was co-develop...
Americans Continue Voting With Their Feet In Favor Of Lower Taxes & Against Coerced Unionization
Moving truck parked in San Francisco’s Nob Hill neighborhood. getty For years Americans have been voting with their feet in favor of lower-taxed states where they’re not forced to join a union a...
Australian Court Rules In Favor Of Djokovic, Overturns Visa Cancellation
Topline An Australian federal court on Monday ruled in favor of Novak Djokovic, ordering the Australian government to overturn the cancellation of his visa, in a decision that opens the door for the t...
Retailers’ Next Headache? Odds Favor A Post-Holiday Recession
Big sale tag announcement at clothes shop. getty Just when things were looking up — consumer spending so far this season has been strong, profit margins are widening, COVID rates seemed to be declinin...
Judge Rules In Favor Of Navy SEALs Seeking Religious Exemptions From Covid Vaccine
Topline A federal judge in Texas on Monday ruled in favor of 35 U.S. Navy SEALs who sued the Biden Administration over the military’s Covid-19 vaccine mandate, marking the first major successful chall...
Opinion: This will be a year for stock market traders — here are 12 companies to favor, says 40-year investing veteran Bob Doll
If you’re relatively new to investing, and you think 2022 has been a year from hell, imagine being in the stock market for over 40 years. That would’ve put you through the Great Financial Crisis in 20...