Circle, the company that created the USDC stablecoin, announced a partnership with public charity Endaoment to create a disaster relief fund. The fund will help mid-western American communities impacted by last week's deadly tornadoes. The two entities hope to raise $1 million in grants to support the American Red Cross and local non-profits.Via Endaoment, blockchain … [Read more...] about Circle and Endaoment to create USDC-based disaster relief fund for communities impacted by deadly tornado
Relief
Bitcoin price passes $32K with traders wary of ‘relief rally’ if resistance stays
Bitcoin (BTC) passed $32,000 later on July 16 as positive reactions over Bank of America's (BoA) Bitcoin futures go-ahead continued.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin nears $32,300 point of interest Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rising 1.4% on the day to hit new local highs of $32,150 on Bitstamp.The pair saw … [Read more...] about Bitcoin price passes $32K with traders wary of ‘relief rally’ if resistance stays
Bitcoin’s 50-Week MA Could Produce a Nice Relief Rally – BTC Analyst
Bitcoin’s symmetrical triangle has broken to the downsideBitcoin continues to trade below the 200-day moving averageA death cross is on the horizon for BitcoinHowever, the 50-week moving average could produce a relief rally at the $28k – $29k price areaBitcoin (BTC) could be gearing up for a relief rally at the 50-week moving average. This is according to analysis shared by … [Read more...] about Bitcoin’s 50-Week MA Could Produce a Nice Relief Rally – BTC Analyst
Ethereum creator donates 100 Ether and Maker to Indian COVID-19 relief
Ethereum creator Vitalik Buterin has contributed 100 Ether (ETH) and 100 Maker (MKR) tokens to a COVID-19 relief fund, as the country finds itself embroiled in the virus’ second wave. Buterin contributed to a "crypto-COVID" relief fund set up on the cryptocurrency custodian platform, Gnosis Safe. Public transactions on the Ethereum blockchain show two transactions coming from … [Read more...] about Ethereum creator donates 100 Ether and Maker to Indian COVID-19 relief
Bitcoin price ‘relief’ move to $47K pushes BTC below stock-to-flow trajectory
Bitcoin (BTC) may be making long traders miserable but one bullish analyst says that he is "relieved" that it has shed 22% in a week.In his latest social media update, quant analyst PlanB noted that the price dip to under $48,000 has sent BTC/USD below its target laid out by his stock-to-flow price model."Astonishing" stock-to-flow gets it right againAs such, Bitcoin is no … [Read more...] about Bitcoin price ‘relief’ move to $47K pushes BTC below stock-to-flow trajectory