Why is Cardano price down today?

Bitcoin (BTC) bulls are attempting to start the weekend on the good foot by pushing the price to $8,500 and above.Bitcoin daily price chart. Source: Coin360In the past 24 hours, Bitcoin price bounced off the 200-day moving average (DMA) at $8,200 and, as suggested earlier, an oversold bounce on the shorter time frame provided traders…

This is a repost of Finance Redefined's latest installment, where Cointelegraph unpacks the latest developments in DeFi. The newsletter is delivered to subscribers every Wednesday.DeFi was reasonably quiet in terms of major fundamental developments, instead letting prices do the talking. Many tokens rallied, both the popular and the almost forgotten. Save for a few hiccups…

A new report conducted by Tecnalia Research and Chainlink Labs asserts that blockchain and oracles can help fix climate issues. 186 Total views 7 Total shares New dynamics in the energy sector are compelling providers to shift to sustainable and clean energy to combat climate change. While many challenges accompany the clean energy transition, a…

Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.Following a bearish decline for many of the leading decentralized finance (DeFi) tokens, it is within the fundamental news where the optimism for growth and prosperity lies. Read on to hear about the most impactful DeFi stories of the last seven days.What you’re reading is the…

Bitcoin (BTC) is lower going into a new week’s trading — Monday has seen a test of levels below $33,000 and bulls are struggling.What could be next? With bullish short-term voices few and far between, it seems that cryptocurrency just isn’t of interest to investors right now.Against a backdrop of macro market uncertainty, low volumes…

Joe Biden’s administration has done everything possible to destroy the crypto industry. That gives crypto advocates just one choice in the 2024 election.

Ethereum's staking rewards hit a record 8.6% post-Merge, with validators earning $46 million in the first week of May, citing the memecoin craze responsible. 169 Total views 2 Total shares Validators earned a total income of $46 million in the first week of May as a result of the increase in the staking rewards rate,…

BTC price action may be flagging, but large-volume Bitcoin investors are buying, not capitulating, data shows.

Institutional investors are returning to accumulate Grayscale Bitcoin Trust (GBTC) shares as the discount to spot price his risen to nearly 30%, data on Glassnode shows.Since December 2021, some weekly sessions saw investors pouring in between $10 million and $120 million into Grayscale's flagship fund. Meanwhile, the biggest capital inflow — amounting to nearly $140…