Ether (ETH) price dropped to $1,410 on April 7, marking its lowest level since March 2023. This sharp decline triggered liquidations of leveraged ETH futures worth over $370 million in 2 days, according to CoinGlass data. However, the altcoin managed to recover above the $1,500 mark as the S&P 500 index reclaimed its psychological 5,000 support level. Ether/USD (blue) vs. total crypto market capitalization (magenta). Source: TradingView / Cointelegraph Over the past 30 days, Ether has underperformed the broader cryptocurrency market by 14%. Despite this, professional traders are not yet…
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Bitcoin: A New Hope for Innovators in Corrupt Economies
In a world where “talent is everywhere, opportunity is not,” the existing fiat monetary system perpetuates the divide between those with access and resources those without. Even in democratic societies, which have their own flaws, people generally enjoy stable currencies, freedom, and rule of law. These features create an environment rich with opportunities, where a person’s start in life doesn’t have to dictate where they end up. Bitcoin advocate and bestselling author Lyn Alden is a prime example of overcoming obstacles and taking advantage of the opportunities afforded by democratic…
Read MoreWe’ve Failed Gen Z, But Bitcoin Offers Hope For The Future
This is an opinion editorial by David Waugh, business development and communications specialist at bitcoin investing platform Coinbits, and Dave Birnbaum, the product director at Coinbits. Every generation has bones to pick with those who came before. However, Generation Z, those born between the late 1990s and early 2010s, have an especially valid complaint: Previous generations have stolen their future. Also called “the Zoomers,” this group was forced by lockdowns and school closures to socialize through webcams during their formative years. These 68 million Americans have had their lives disrupted…
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