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Bitcoin and Ethereum Struggle to Break Resistance, LUNA Dives
31.1.2022
Bitcoin price attempted a close above the USD 38,000 resistance zone, but failed and dropped below USD 37,000 in a few hours today. It is currently (04:21 UTC) trying to recover above USD 37,000.
Similarly, most major altcoins are also moving lower. ETH topped near USD 2,650 and declined below...
Ethereum Fees Drop 53% in 20 Days — Polygon Hermez, Loopring Offer Lowest L2 Fees
30.1.2022
Ethereum’s average network fees have dropped to the lowest value in 30 days at 0.0096 ether or $24.64 per transaction. Median-sized ethereum fees are lower today as well, as fees are between $8.37 to $10.82 per transaction as ether fees haven’t been this low since January 1. Onchain...
Stablecoin Issuance Surged Last Year — UST Saw the Largest 12-Month Increase
30.1.2022
Stablecoins have become prominent payment rails in the world of cryptocurrencies commanding $177 billion in fiat value today. The top ten stablecoins by market capitalization represent the largest share of the value in the fiat-pegged coin economy and many of these tokens grew exponentially last...
2021 Was ‘Busiest Year by Far’ for Bitcoin IRAs, Interest in Ethereum & Altcoins Grows
29.1.2022
With crypto gaining prominence as a mainstream investment vehicle, retirement savings in the form of IRA accounts holding digital assets is on the rise in the US. And according to industry insiders Cryptonews.com spoke with, companies offering crypto IRAs had their best year ever in 2021...
Alts Related to Avalanche Apps Developer Hit by Volatility as Ties to QuadrigaCX Co-Founder Revealed
28.1.2022
The price of tokens associated with Daniele Sestagalli, a developer of several Avalanche (AVAX)-based applications, were hit by volatile trading over the past 24 hours as ties between Sestagalli and a convicted felon were revealed.
Among the projects associated with Sestagalli are Wonderland...
Bitcoin and Ethereum Face Strong Resistance, LUNA, ATOM Dive
28.1.2022
Bitcoin price climbed above the USD 37,000 level but there was no upside continuation. BTC trimmed gains and traded below USD 36,500. It is currently (11:56 UTC) consolidating near this level.
Similarly, most major altcoins are consolidating below resistance. ETH failed to surpass the USD 2,500...
Bitcoin and Ethereum Try to Recover, ENJ and SAND Rally
28.1.2022
Bitcoin price formed a base and climbed above the USD 36,500 level. It is currently (04:18 UTC) showing positive signs near USD 37,400 and could climb towards the USD 38,000 resistance.
Similarly, most major altcoins are also moving higher. ETH could accelerate if there is a clear move above...
Bitcoin and Ethereum Inch Higher Above Key Supports, THETA Rallies
27.1.2022
Bitcoin price started a fresh decline after it failed to stay above USD 38,000. BTC declined below USD 36,500, but it managed to stay above USD 35,000. It is currently (11:55 UTC) moving higher above USD 36,700.
Similarly, most major altcoins are trading above key support levels. ETH found...
Bitcoin and Ethereum Extend Post-Fed Decline, Altcoins Trim Gains
27.1.2022
Bitcoin price attempted a close above the USD 38,000 resistance zone. BTC failed to gain strength after the Fed statements, resulting in a fresh decline below the USD 37,000 level. It is currently (04:17 UTC) trading below USD 36,000 and showing bearish signs.
Similarly, most major altcoins...
Ripple Scores $15 Billion Valuation — CEO Says Financial Position Is Strongest Ever Despite SEC Lawsuit Over XRP
27.1.2022
Ripple has bought back shares from its Series C funding round, which raised the company’s valuation to $15 billion, according to CEO Brad Garlinghouse. He added that despite the lawsuit by the U.S. Securities and Exchange Commission (SEC) over the status of XRP cryptocurrency, Ripple had...
Altcoins book 40% gain after Bitcoin and the crypto market enter a relief rally
26.1.2022
FRONT, DG and QSP join the list of altcoins which surged more than 40% after BTC recovered the $38,000 level
Bitcoin and Ethereum In Slow and Steady Increase
26.1.2022
Bitcoin price is showing a few positive signs above the USD 37,000. BTC even climbed above USD 37,500 and is currently (11:30 UTC) eyeing an upside break. A close above USD 38,000 might start a wave towards the USD 40,000 level.
Similarly, most major altcoins are slowly rising. ETH was able...
Bitcoin and Ethereum Keep Moving Higher, AVAX and MATIC Jump
26.1.2022
Bitcoin price started an upside correction above the USD 36,000 resistance zone. BTC was even able to clear the USD 37,000 level. It is currently (04:15 UTC) showing positive signs near USD 37,400 but is facing a key hurdle near USD 37,500.
Similarly, most major altcoins are also moving higher....
Trump Family Threatens Legal Action Over Trumpcoin Crypto — Says ‘We Do Not Authorize the Use’
26.1.2022
The Trump family has threatened legal action over trumpcoin, a cryptocurrency created in 2016 “to honor Donald J. Trump.” Eric Trump said that the crypto has nothing to do with the Trump family. “We do not authorize the use and we are in no way affiliated with this group. Legal...
Elon Musk Tempts McDonald’s to Accept Dogecoin — McDonald’s Replies ‘Only if Tesla Accepts Grimacecoin’
26.1.2022
Tesla CEO Elon Musk says that he will eat a happy meal on television if McDonald’s accepts the meme cryptocurrency dogecoin (DOGE). However, McDonald’s replied, “only if Tesla accepts grimacecoin.” Musk’s statement followed a tweet by McDonald’s asking...
Grayscale Considering 25 More Crypto Assets for Investment Products
25.1.2022
Grayscale, the world’s largest crypto asset manager, is considering 25 more crypto assets for investment products. With the latest additions, the company’s list of coins under consideration has grown to 43. “The process of creating an investment product similar to the ones...
Donald Trump’s Son Sounds 'Fraud Alert' On TrumpCoin
25.1.2022
Eric Trump, son of the former US president Donald Trump, wants you to know that the new crypto using the family name, TrumpCoin (TRUMP), is not connected to the New York dynasty -- and is threatening the altcoin’s founders with legal recourse....
Read More: Donald Trump’s Son Sounds 'Fraud...
2 Gold-Backed Crypto Asset Market Caps Near $1 Billion, XAUT Jumps 19,000% in 23 Months
25.1.2022
While reserve-backed crypto assets and stablecoin market valuations increased a great deal during the last year, gold-backed cryptocurrencies have also seen their market caps swell. Between the tokens tether gold and pax gold, the market valuations of these two gold cryptos are nearing a billion...
Fantom Soars as Daily Transaction Count Briefly Exceeds Ethereum’s
25.1.2022
The Fantom blockchain’s native FTM token rose sharply in price today, after the network last weekend saw its transaction count exceed that of Ethereum (ETH), the most valuable smart contract blockchain by market capitalization....
Read More: Fantom Soars as Daily Transaction Count Briefly...
Bitcoin and Ethereum Recovery Reaches Key Juncture, Altcoins Rally
25.1.2022
Bitcoin price formed a base and started a decent increase above USD 35,000. BTC was able to clear the USD 36,000 resistance. It is currently (11:55 UTC) up 8% but there is a major hurdle waiting near USD 37,000.
Similarly, most major altcoins are approaching key barriers. ETH must clear...