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KAVA Price Prediction – Will KAVA Price Hit $10 Soon?

Kava.io Price Prediction 2021 – Will KAVA Hit $7Bullish KAVA price prediction ranges from $5.753 to $8.734. The KAVA price might also reach $10 soon. KAVA bearish market ...

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Coinbase Facing Lawsuit Over Unlicensed Crypto Asset Sales

U.S. crypto exchange giant Coinbase has found itself in another legal battle, this time over the sales of cryptocurrencies that may be deemed as securities.

Thorchain’s RUNE Appreciates 170% and DeFi TVL Grows 100% Over Last Month, Here’s Why

RUNE, the native cryptocurrency of THORChain has seen strong price appreciation over the last three weeks despite heavy volatility in the crypto space. The RUNE price has appreciated 173% despite the broader market correction since February 24, the day Russia announced its invasion into Ukraine. Furthermore, the total-value-locked (TVL) by RUNE in decentralized finance (DeFi)

The post Thorchain’s RUNE Appreciates 170% and DeFi TVL Grows 100% Over Last Month, Here’s Why appeared first on CoinGape.

VVS Finance (VVS) remains in a bear market – Can the DeFi token turn around?

After surging to new highs in November last year, VVS Finance (VVS) has tanked.…

The post VVS Finance (VVS) remains in a bear market – Can the DeFi token turn around? appeared first on Coin Journal.

Enterprise Applications of Crypto Liquidity

Crypto continues to move towards mainstream adoption, with more enterprise blockchain applications leveraging cryptocurrencies and other digital assets for operational and transactional purposes. To fully realize this shift, both financial institutions and businesses will have to more wholly embrace the technology by first gaining a better understanding of crypto utility.

The post Enterprise Applications of Crypto Liquidity appeared first on Finovate.

Bexplus Offers 100x Leverage Crypto Trading & Doubles Your Deposit

To help traders earn more cryptocurrency, leading crypto derivatives exchange Bexplus has launched a 100% deposit bonus promotion to all traders. If you deposit 1 BTC, 2 BTC will be credited to your account. Every user can get up to 10 BTC for each deposit. Bitcoin‘s high volatility has made a comeback and currently presents...

The post Bexplus Offers 100x Leverage Crypto Trading & Doubles Your Deposit appeared first on Live Bitcoin News.

Australian dollar punches above 73 line

The Australian dollar has posted strong gains for a second straight day. In the European session, AUD/USD is trading at 0.7338, up 0.65% on the day. We continue to see strong volatility from the Australian dollar. The currency started the week with a tumble of 1.44% but has recouped those gains and then some. AUD/USD […]

Bitcoin Price Surge Unlikely With System Volatility So High

With the VIX indicating systemic volatility, it's hard to imagine bitcoin making a larger upwards move in price.

What to do when the crypto is bad

With the crypto market in stasis, here are some ways to use your time in limbo productively.

In late 2018, the crypto market died. For literally months the price did nothing except bracket up and down, seemingly without reason, and at one point traded in a US$100 range for

Today’s Crypto Boost: The FED, Inflation, And Global Adoption

Crypto assets saw some wild swings in the day and are now trading to the upside. Risky assets are reacting to the FED’s decision to raise rates by 25-basis points, and the increasing global adoption might be adding weight to the boost. Related Reading | Expectations Of Aggressive FED Drop, Here’s Why Bitcoin Could Rise To $50K What Hikes? Crypto Reacts To The FED The Federal Reserve just lifted rates 25 basis points, raising rates for the first time since 2018. Six more hikes are expected in 2022. The markets have been experiencing volatility following expectations for a more hawkish FED, given the implications of the Russo-Ukrainian war, rising U.S. inflation, and increasing Covid-19 cases. In the day, the crypto market had a downward reaction first, which experts described as a fake-out, then started to react to the upside. Experts expressed during a Fox Bussiness Live that the FED is lagging behind and this move will not affect the economy. They added that the FED is giving investors a plain field to do well in stocks, “not worrying about the U.S. economy.” Similarly, the light interest raise hikes are looking positive for bitcoin and consequently for other crypto-assets as well. Chair Jerome Powell claimed that “the probability of a recession within the next year is not particularly elevated,” and added, “All signs are that this is a strong economy, one that will be able to flourish — not to say withstand, but certainly flourish — in the face of less accommodative monetary policy.” As NewsBTC has been reporting, the 25bps hike scenario looks bullish for Bitcoin for its more passive stance. As many believe the FED’s dovish move comes as a late reaction and will do little to nothing to the U.S. inflation, investors might be taking refuge in Bitcoin as it has happened before. Inflation is expected to remain high at 4.3% by the end of 2022, above the Fed’s annual target of 2.3%. Keeping savings in the bank only means a loss of purchasing power, and as a result, many people might start to see Bitcoin as a hedge against these losses. Cameron Winklevoss, the co-founder of Gemini, argues that the best way to shield yourself from rising inflation is Bitcoin. “Imagine paying a money manager 7.9% a year to do absolutely nothing with your money. That’s what inflation is. It’s a hidden management fee that comes with no return. Today, if you hold USD cash, you are paying the US government 7.9% to do nothing with your money. Scary.” Ukraine Sings Crypto Regulation Amidst the Russo-Ukrainian war, crypto has also been looking like the only feasible option to the people affected by the invasion and sanctions. Ukraine has benefited from crypto assets in several ways during the war. They have received over $108 million in donations in crypto-assets and reportedly, citizens have been able to use digital coins as a tool to safely take their funds with them when fleeing the country. Moreover, regulatory clarity for crypto in the U.S. and other places is expected. Many politicians are taking stances in favor of cryptocurrencies, and Ukraine’s president Zelensky is not lagging behind. Volodymyr Zelensky just signed a law “on virtual assets” to legalize crypto. An official statement says that this law “creates conditions for the launch of a legal market for virtual assets in Ukraine.” “The signing of this Law by the President is another important step towards bringing the cryptocurrencies sector out of the shadows and launching a legal market for virtual assets in Ukraine.” The deputy minister of digital transformation, Alex Bornyakov, expressed that they believe “that crypto industry offers new economic opportunities. We will do our best to bring the bright new future closer as soon as possible.” This does not mean cryptocurrencies are a legal tender in Ukraine, but crypto holders are now legally protected in the country. This favorable sentiment appears to be growing amongst many politicians and governments around the world, which could turn into a rapidly growing institutional adoption of crypto. As both Russians and Ukrainians have found themselves in need of an alternative to the traditional financial institutions, they have also sought refuge in bitcoin and stablecoins. Besides the functional side experienced by Ukrainians, Russians could be finding in crypto a refuge from their devalued ruble. This sets a worldwide example and could end in a positive scenario for the market. Related Reading | Leading News Outlets In Ukraine Aim To Secure $1 Million By Selling NFTs

Market Wrap: BTC, Stocks Rally in Late Session Following Fed’s Rate Increase

Jerome Powell illustration

Bitcoin and equities rallied late in the session, suggesting rate hikes may be mostly priced in and may not push markets down in the future

The post Market Wrap: BTC, Stocks Rally in Late Session Following Fed’s Rate Increase appeared first on Blockworks.

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