Cardano’s first decentralized app (DApp) SundaeSwap has launched but is causing a frustration among users due to congestion, platform errors and failed transactions.Is it just a case of expected teething troubles under an influx of excited users or is there more to it?SundaeSwap is a decentralized exchange (DEX) and token staking platform. It’s mainnet launch today marks a … [Read more...] about SundaeSwap launches on Cardano but users report failing transactions
How low will BTC price go after failing at $42K resistance?
Bitcoin (BTC) has seen an impressive rally of 44% with ten green days in a row. This rally and the substantial number of green days resulted in a sentiment shift. Practically two weeks ago, the market was comparable to a funeral, with many expecting more downside to $20,000. However, the sentiment completely shifted after the breakout above $31,000. The current sentiment is the … [Read more...] about How low will BTC price go after failing at $42K resistance?
Argentinians turn to Bitcoin mining to support livelihood amidst failing economy
In the heart of an economic crisis, ultra-low utility costs are enabling Argentinians to bank on mining Bitcoin (BTC) as foreign miners head for their piece of the electricity cake, local reports said.Not only locals are taking advantage of the situation as Bitfarms, a Canadian Bitcoin mining company, announced it is opening a new mining facility in the country.Staple … [Read more...] about Argentinians turn to Bitcoin mining to support livelihood amidst failing economy
Bitcoin Failing to Recapture the 200-Day MA Points to a Bear Market
Bitcoin has traded below the 200-day moving average for over a weekThe moving average is now a resistance zone for Bitcoin around the $40k price levelBitcoin is also trading below the 6-month moving averageBTC’s bullishness is hinged on reclaiming these two MAs otherwise a bear market will ensue Bitcoin might have entered a bear market based on the fact that the King of Crypto … [Read more...] about Bitcoin Failing to Recapture the 200-Day MA Points to a Bear Market
3 reasons why Bitcoin is on shaky ground after failing to retake $60K
Bitcoin (BTC) is back testing lower levels after failing to conquer $60,000 resistance — and indicators suggest the downturn is not over.BTC/USD bounced off $55,000 overnight on Monday, hours after hitting local highs of nearly $59,000 in bullish early trading.With sellers still in place closer to all-time highs of $64,500, the largest cryptocurrency has a lot of work to do to … [Read more...] about 3 reasons why Bitcoin is on shaky ground after failing to retake $60K