Search
Bitcoin Plays With USD 40K, Ethereum, Altcoins Rally
28.7.2021
Bitcoin price remained well bid above the USD 36,000 and USD 36,250 levels. As a result, BTC started a fresh increase above the USD 38,000 resistance. It surged by 8%, tested the USD 40,000 barrier and it is currently (04:01 UTC) showing positive signs.
Similarly, most major altcoins are gaining...
Massive Short Squeeze Pushes Bitcoin Closer to $40K, Crypto Economy Jumps 9% Higher
26.7.2021
The price of bitcoin jumped over 15% in a matter of three hours on Sunday evening and came awfully close to the $40K handle. Since then, the crypto asset has dropped back a few percentages and currently hovers above the $38K range. The entire cryptocurrency economy has spiked 9.72% rising to $1.53...
Bitcoin Rallies Towards USD 40K On Amazon Speculation, Liquidations Soar
26.7.2021
Bitcoin price formed a strong support base above USD 32,000. As a result, BTC started a strong increase and it broke the USD 35,000 resistance. It even surged above USD 39,000 before correcting lower but it is currently (04:05 UTC) still showing bullish signs above USD 38,000.
Similarly, most major...
Suspected USD 330M Crypto Scammer: Set Me Free and I’ll Refund Investors
24.7.2021
Javier Biosca, a man accused of masterminding a Spanish crypto-themed fraud project believed to be worth over USD 330m, has appeared before a court to deny that he intended to cheat investors out of their funds. He also claimed he would be able to “fix the situation” for investors currently unable...
Paxos Standard Presents Assets Backing Its Stablecoins
23.7.2021
Paxos, a regulated blockchain company, recently presented the basket of resources that back its stablecoins. Paxos Standard (PAX) and Binance USD (BUSD) are reportedly backed almost 100% by cash and cash equivalents. Dan Burstein, CCO of Paxos, harshly criticized Tether and Circle, issuers of other...
RUNE Recovers 11% After Crash and Thorchain USD 8M Hack
23.7.2021
Following another hack suffered by blockchain protocol Thorchain, and the sharp drop in RUNE's price, the coin is now recovering.
The price of the native token crashed 23% in a couple of hours between July 22 and 23 (UTC). It has gone back up 11% since then. At 7:45, it's trading at around USD...
Bitcoin Takes Support from $30k Despite Upside Potential
22.7.2021
The price action on Bitcoin seems to be capped at $30000 on the lower side. Just like the buying action seen during May 19, 2021, and June 22, 2021, BTC price has again bounced back. This assures a minimum risk for investors with good profitable opportunities. Technical analysis indicates some...
Crypto Fear and Greed Index Taps Low at ‘Extreme Fear,’ BTC Technicals Point to Uncertainty
21.7.2021
On Wednesday, following the drop below the $30,000 region, bitcoin’s price has rebounded more than 8% since Tuesday’s low. Meanwhile, the sentiment metric recorded by the Crypto Fear and Greed Index (CFGI) is extremely low, pointing to “extreme fear” in the market. Despite...
Bitcoin Climbs Above USD 31K, Ethereum And Altcoins Grind Higher
21.7.2021
Bitcoin price started a steady recovery wave above the USD 30,000 resistance. BTC even surpassed the USD 31,000 resistance and is currently (12:15 UTC) showing positive signs. The next key barrier is near USD 32,000, above which the price might accelerate higher.
Similarly, most major altcoins...
Coin98 Generates $11.25M for Vital Financing Expansive
21.7.2021
The potent South East Asian crypto wallet, Coin98, in an endeavor to enhance their Decentralized Finance (DeFi) offerings, accepted financing grants worth $11.25 million. This financing revenue was attained in May 2021, resulting in an accomplished expansion of Coin98’s imperative business...
Bitcoin Returns Above USD 30K, Ethereum, Altcoins Rally
21.7.2021
Bitcoin price found support above USD 29,250 and started an upside correction. BTC climbed above the USD 30,000 level and is currently (04:31 UTC) showing recovery signs. If it succeeds to stay above USD 30,000, the price could test the USD 31,000 resistance.
Similarly, most major altcoins...
Circle Publishes USDC Attestation, Reserve Report Reveals Segregated Accounts in USD-Denominated Assets
20.7.2021
On July 20, the CEO of Circle Internet Financial LLC., Jeremy Allaire, published a blog post that explains the firm’s dollar-pegged stablecoin is backed by “prioritized trust, transparency, and accountability.” Allaire’s blog post follows a letter from the Centre...
NFT Market Gets A USD 100M Boost As OpenSea Turns Into Unicorn
20.7.2021
New York-based non-fungible token (NFT) marketplace OpenSea said it raised USD 100m, valuing the company at USD 1.5bn and bringing more capital to fuel NFT adoption.
The investment round, that followed a USD 23m Series A round in March, was led by Andreessen Horowitz (a16z), with participation...
Ethereum, Altcoins Drop Against Bitcoin Amid Risk Asset Seloff, Strong USD
20.7.2021
Bitcoin price is following a bearish path below the USD 32,000 pivot level. BTC even broke the main USD 30,000 support zone. The price is currently (04:23 UTC) moving lower and it could even test the USD 28,000 support in the near term.
However, BTC is the best performing major cryptoasset today...
Here's how altcoin futures volumes and the USD lending rate signal market crashes
20.7.2021
Data shows that the dollar lending rate and futures volumes of select altcoins can be tracked to pinpoint overheated markets before a crash
Sanshu Inu, the New Entrant in the $DOGE Family
19.7.2021
$DOGE family is growing bigger day by day, and the cryptoverse is thrilled about it. Meme coins such as Dogecoin, Shiba Inu, and now Sanshu Inu have attracted several crypto enthusiasts. Meme coins such as Sanshu Inu not only promote crypto adoption but also help to tackle the biggest pain point...
Billionaire Fund Manager Jeffrey Gundlach Convinced Bitcoin Will Fall Below $23K, US Dollar Is ‘Doomed’
18.7.2021
Doubleline Capital CEO Jeffrey Gundlach, also known as the “Bond King,” has predicted that the price of bitcoin will fall below the $23K level. “Right now, the chart on bitcoin looks pretty scary,” he said, adding that “it looks like a massive head-and-shoulders...
Cointelegraph Consulting: Stablecoin activity drops after May peak
16.7.2021
Despite the tumble in stablecoin activity, average transactions of stablecoins DAI and UST still exceed those of USDT and USDC
Bitcoin May Surpass USD 66K in 2021 and USD 400K by 2030 - 'Panel of Experts'
15.7.2021
Source: Adobe/STEKLO_KRD
By the end of this year, bitcoin (BTC) may hit the USD 66,000 level, as well as rise above USD 400,000 by the end of 2030, according to the median price prediction by 42 industry players, surveyed by a comparison platform and information service Finder. Though there...
Police Reveal More Details About ‘USD 60M’ Crypto ‘Scam’
15.7.2021
Further details are emerging about an alleged Japanese crypto scam that may have sucked in between 15,000 and 20,000 mainly middle-aged investors.
As reported, police in Aichi Prefecture are continuing to investigate a company named OZ Project after officers arrested four men, believed to be...