Rune Christensen was called out for adding USDe as collateral for MakerDAO.Imagine a world where the co-founder of one of the largest decentralized autonomous organizations says it’s actually not that great to have community members participate in the governance of said DAO.Imagine no longer.MakerDAO founder Rune Christensen said, “having ‘rando’s’ making decisions,” is as unpredictable as having a centralized group control governance. He added that, “it’s not important who or how a decision is made,” but “what decision is made.”Christensen made the statement in an X Space hosted by Ethena Labs, responding to Marc Zeller, founder of the Aavechan Initiative.…
Author: Web3 Daily Press Staff
These three altcoin projects popped today, outpacing the moves seen in other large tokens. Investors in digital assets are once again seeing some strong price action materialize today. In early afternoon trading, the entire cryptocurrency market has surged roughly 3% higher over the past day. However, Aptos (APT), Stacks (STX -1.32%), and Chainlink (LINK -0.73%) are leading the way higher, surging 5.5%, 4%, and 3.9% higher, respectively, over the past 24 hours, as of 1 p.m. ET. These moves are worth noting, as each of these projects has its own catalyst driving its outsize move. With a greater bifurcation being…
Charles Hoskinson Criticizes Cardano ‘Dunking,’ Expresses Concern Over ‘Carnival Barkers’ Dominance – Altcoins … Bitcoin.com NewsCharles Hoskinson points to 2 major upgrades amid Cardano ‘dunking’ CointelegraphCardano Founder Declines to Discuss ADA With BitBoy The Crypto Basic This news is republished from another source. You can check the original article here
The latest block data surrounding the Bitcoin Cash (BCH) network is indicative that it has undergone an anticipated reward-halving event. Miners of the crypto are now rewarded with half of the amount they previously could earn before reaching block 840,000. However, this initially resulted in a price increase for the crypto. Avalanche (AVAX) also underwent a significant price increase of 174.7%, and at this rate could soon break above the $60 price barrier. Yet, significant attention has also gone towards the KangaMoon (KANG) blockchain ICO, as the crypto has spiked in value by 290%. We will go over all three…
Navigating the world of crypto investments can be a daunting task. Almost every day there’s a new meme coin, dump and dump scheme, rug pull, as well as hundred or even thousand percent gains on these internet tokens. The issue though is that unless you are an insider, discovering the best cryptos to buy largely depends on luck. It can easily backfire and lead one being forced to hold a bag of worthless cryptocurrency. For these reasons, the following cryptos to buy are considered to be the blue-chip options that investors can own with a feeling of relative security. These…
A widely followed crypto strategist believes that top meme token Dogecoin (DOGE) looks bullish even after last week’s marketwide correction. Pseudonymous analyst Altcoin Sherpa tells his 214,100 followers on the social media platform X that DOGE has managed to stay above a key support level on the weekly chart even after dropping to a seven-day low of $0.169. With the weekly support intact, the trader now sees DOGE igniting a nearly 60% rally from current levels. “DOGE: held above [the] weekly level for now, resume the pump to $0.32. I think being long DOGE is a completely reasonable idea and…
Several major cryptocurrencies started the week on a high note today amid a confluence of positive catalysts, including potential short squeezes, technical trading tailwinds, and — perhaps most surprising — geopolitical tailwinds from leading Chinese money management firms.When all was said and done, as of the close of Monday’s regular session, the price of Ethereum (CRYPTO: ETH) was up 9.1%, Bitcoin (CRYPTO: BTC) had rallied 3.8%, and Dogecoin (CRYPTO: DOGE) gained a little over 2%.On a possible crypto short squeeze, technical tailwindsAccording to Coinglass data this morning, the digital asset market has seen more than $176 million in liquidations over…
Only 1% of consumers still think Bitcoin is a passing ‘fad’ CryptoSlate This news is republished from another source. You can check the original article here
The altcoin market is witnessing a resurgence as the BTC price has finally come out of correction. Notably, the Ethereum Layer 2 ecosystem enjoys a resurgence in transaction activity following the recent Dencun upgrade, while Litecoin (LTC) charts an impressive ascent, with projections of further growth, potentially reaching $150. In the presale scene, BlockDAG (BDAG) has captivated investor attention with its 20,000X ROI potential, as projected by analysts. The project has now moved forward to its seventh (out of 45 in total) presale batch, priced at an attractive $0.004. Litecoin Surges 20% on the Monthly Timeframe Litecoin (LTC) recently experienced…
Last updated: April 8, 2024 20:33 EDT | 1 min read Shiba Inu Investors Redirect Funds to Fresh ICO, Targeting 1000% Upside / Source: Cryptonews As Shiba Inu (SHIB) consolidates close to its 21DMA at $0.000029 after having pulled back nearly 40% from last month’s highs, Shiba Inu investors redirecting funds to a fresh ICO called Sponge (SPONGE) as they target 1,000% upside.Shiba Inu remains one of the leading crypto meme coins, second in market cap only to Dogecoin. But its monstrous market cap of last around $17 billion suggests the scope for further gains is somewhat limited.Sure, Shiba Inu could…