The cryptocurrency market slid lower on Dec. 28 as the price of Bitcoin (BTC) lost nearly $4,000 in value in a matter of hours with bulls now looking to secure support at $48,500 to prevent further losses. In the midst of the market-wide drawdown, the decentralized finance (DeFi) sector of the crypto ecosystem has offered some traders shelter from the storm, with several tokens seeing gains in excess of 30%. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were Harvest Finance (FARM), QuickSwap (QUICK) and Aragon (ANT). Harvest Finance moves towards …

Cryptocurrency prices and investor sentiment reversed course on Dec. 15 after Federal Reserve chairman Jerome Powell confirmed the bank's plan to hike interest rates in 2022 and slow down the bond purchasing program that had been in play since the emergence of the coronavirus in March 2020. Following the announcement, Bitcoin (BTC) price tacked on a 1.65% gain, bringing the price above $49,000 and Ether trekked back above the $4,000 mark. Altcoins followed suit with their usual double-digit gains and for the moment, it appears as if bulls have taken back control of the market. Data from Cointelegraph Markets Pro …

Optimism across the crypto market continues to rise as bullish developments in the price of Bitcoin (BTC) and Ethereum (ETH) renewed discussions about a 2013-style double-pump rally that could push Bitcoin's price past $100,000. The positive price action hasn’t been limited to the top two market leaders. Many altcoins continue to rally, and the "altseason" indicator from Cointelegraph Markets Pro is signaling that the momentum could continue for a while longer. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were Presearch (PRE), Aragon (ANT) and IOTA (MIOTA). Presearch's Android app will …

On March 25, concerns surrounding the record-breaking $6.1 billion (BTC) options expiry this Friday sparked an overnight sell-off that dropped Bitcoin price to $50,400. The downturn was not a surprise for many traders and some called for a possible test of the $47,000 support level. Despite Bitcoin's loss of bullish momentum, several derivatives indicators, including a bullish futures premium and a neutral skew, suggest that the price may not drop below $50,000. While technical indicators paint a mixed picture of Bitcoin's short-term price action, the asset retains strong fundamentals today media reported that sovereign wealth funds have begun inquiring about …

It’s been a rough week for the Aragon governance platform where philosophical differences have brought about a long list of resignations. Aragon co-founder Jorge Izquierdo announced on Jan. 11 he would no longer be working as CEO of the for-profit Aragon One, a company dedicated to building tools and services related to Aragon. Aragon is an Ethereum-based platform involved with decentralized governance. The announcement took place just hours after news broke that Aragon had purchased Dvote Labs, the company behind blockchain voting protocol Vocdoni. Today I resigned as Aragon One's CEO. Leading this team has been the privilege and adventure …

Aragon, a platform specializing in managing decentralized autonomous organizations, announced a merger with the Vocdoni protocol, a blockchain voting and governance solution provider. Unlike the Yearn.finance mergers, this acquisition has a much more traditional nature. Aragon has acquired Dvote Labs OU, the company behind the Vocdoni protocol. Its 11 team members will be hired into a new company controlled by Aragon and Vocdoni members. The teams will work on building an integrated solution to boost the Aragon ecosystem. Vocdoni technology uses zero-knowledge cryptography to enable anonymous voting, in addition to leveraging decentralized technologies like the Interplanetary File System and Libp2p, …

Aragon co-founder Luis Cuende told Cointelegraph that the decentralized technology his company has been developing could find its perfect use case on social media platforms like Facebook and Twitter. In recent months, content moderation practices employed by global social media platforms have been criticized by people across the political spectrum. Libertarian-leaning constituencies tend to criticize them for essentially instituting politically correct censorship while the liberals contend that they are not doing enough to filter offensive content. To this point, yesterday, the FBI charged six individuals with a plot to kidnap the governor of Michigan, Gretchen Whitmer. It has since been …

Tim Draper, the prominent venture capitalist and tech billionaire who purchased nearly 30,000 Bitcoins (BTC) that were seized from the Silk Road, has revealed his digital currency holdings span at least half a dozen different crypto assets. Speaking at a recent investment conference, Draper revealed that his holdings include Bitcoin Cash (BCH), Ripple (XRP), Tezos (XTZ), and Aragon (ANT), adding: “I’m a believer. I think it’s happening – [adoption] it’s coming. It’s so important for the world, and I want the world to know it, and I want other people in the world to get on board.” Draper’s comments come …

The Aragon community has officially proclaimed itself against ProgPOW. ProgPOW is a proposed protocol change to the Ehereum network that would close the efficiency gap available to application-specific integrated circuits. In a tweet on Nov. 2, the official account of the Aragon project posted voting results, showing that a proposal to block changes to Ethereum’s mining algorithm had passed. ProgPOW would change the Ethereum network’s proof-of-work mining algorithm before the eventual switch to a proof-of-stake model as part of the Ethereum 2.0 roll-out. Aragon, which is an open-source software project for creating and managing decentralized autonomous organizations (DAOs), uses Ethereum …