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Bitcoin and Ethereum Correct Gains, Altcoins Struggle
25.5.2021
Bitcoin price gained pace above the USD 38,000 resistance level. However, BTC failed to clear the key USD 40,000 resistance level. It is currently (12:00 PM UTC) correcting lower and it is struggling to stay above the USD 37,000 support.
Similarly, most major altcoins are correcting gains....
Total crypto market cap gains $400B as DeFi tokens lead the recovery
24.5.2021
Bitcoin’s move back to $38,000 triggered strong relief rallies in DeFi tokens and a handful of altcoins
US Lawmaker Pushes for Safe Harbor Legislation to Protect Crypto Investors With Forked Coins
20.5.2021
US Congressman Tom Emmer is pushing for safe harbor legislation to protect taxpayers with forked coins. A bill entitled “Safe Harbor for Taxpayers with Forked Assets Act of 2021” has been introduced to prohibit “penalties against taxpayers attempting to report certain gains...
Altcoins notch double-digit gains even as Bitcoin price falls to $42,500
18.5.2021
Altcoins took the reins and galloped higher while bulls appear to be losing the battle to hold Bitcoin price above $43,000
MATIC says 'no' to crypto bears with new all-time highs, weekly gains near 120%
18.5.2021
MATIC is now the 17th-biggest cryptocurrency by market cap as an exchange listing sees it reject the bearish mood afflicting major tokens
As Bitcoin Drops in Value, Proof-of-Stake Tokens That Use Less Energy See Double-Digit Gains
15.5.2021
Crypto markets have been very volatile in recent times and a great number of digital assets have dropped more than 30% in value during the last three days. Although, not all the coins in the crypto economy are doing badly, as coins that do not leverage proof-of-work (PoW) consensus algorithms have...
What Is Nano? Fee-Free Crypto Asset Gains 60% Intraday
13.5.2021
Nano, a relatively obscure cryptocurrency, managed to catch the spotlight yesterday due to its singular transactional proposal. But, what is Nano really, and why did the token manage to skyrocket more than 60% in just a few hours? Nano and Its Fee-Free Approach Nano, a fairly unknown cryptocurrency...
Survey: 1 in 4 American Investors Believe Dogecoin is the Future
12.5.2021
The meme-based crypto asset dogecoin has seen a phenomenal year, capturing a whopping 19,723% against the U.S. dollar during the last 12 months. Dogecoin’s price gains have pushed interest toward the cryptocurrency, quickly making it a recognizable name. A recently published survey from...
Hungary to Cut Tax on Crypto Profits in Half, Down to 15%
12.5.2021
The government in Budapest has put forward measures aimed at streamlining taxation and reducing the tax burden on businesses and citizens. As part of the package, Hungary plans to cut the tax levied on capital gains from cryptocurrency transactions, expecting to increase budget revenue with...
Market Wrap: Yearn, EOS Rise Over 30% While Ether and Bitcoin Eke Out Small Gains
11.5.2021
The DeFi-related assets have grown by double digits so far this year
Indonesia considers capital gains tax on cryptocurrency trades
11.5.2021
A new capital gains tax scheme on crypto trades is still being discussed, according to a tax official
PROMISE - A BEP20-Compliant Token Explodes Over 1000% Gains In 7 Days!
11.5.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Undoubtedly, the adoption rate of blockchain technology has tripled in the last five years. Aside from permitting the creation of Bitcoin and other cryptocurrencies, blockchain technology also allows the creation...
Bitcoin and Ethereum Extend Correction, Altcoins Trim Gains
11.5.2021
Bitcoin price failed to test the USD 60,000 level and started a downside correction. BTC broke the key USD 56,500 support level to move into a short-term bearish zone. It even dived towards USD 53,500 and it is currently (05:40 UTC) trading just below USD 55,000.
Similarly, most major altcoins...
Bitcoin and Ethereum Consolidate Gains, XLM and WAVES Outperform
10.5.2021
Bitcoin price gained pace above USD 59,000, but it failed to extend its move to USD 60,000. BTC started a downside correction and traded below USD 58,500. It is currently (12:20 PM UTC) holding the USD 57,500 support and it still might rise again to test USD 60,000 in the near term.
Besides, most...
One of Africa’s Oldest Wildlife Conservancies Accepts Crypto Donations
10.5.2021
One of Africa’s biggest wildlife conservancies, the Virunga National Park, which is situated in the Democratic Republic of Congo (DRC), says it now accepts donations via cryptocurrency. It says such donations will be used in helping to protect DRC’s famed “mountain gorillas...
South African Tax Collector Targeting Crypto Investors in Its Bid to Raise Extra Revenues
10.5.2021
Latest reports from South Africa suggest that the country’s tax agency will now be targeting cryptocurrency investors as it attempts to increase the total value of revenues collected. Alongside high net worth individuals and offshore investors, digital currency holders now constitute an area...
Privacy-Centric Coins See Fresh Gains, Monero Captures All-Time Price High
9.5.2021
On May 7, the privacy-centric crypto asset monero captured an all-time high at $515 per unit, as demand for confidential transactions has increased in recent times. Monero has gained more than 190% during the last three months, while a number of other privacy coins like zcash, verge, horizen,...
Ethereum Classic gains 300% in one week as traders rush to buy the 'wrong Ethereum'
7.5.2021
The "original" Ethereum, despite its security issues, beats ETH as it ascends to USD levels never seen before
‘Gold Is Clearly Being Replaced by Digital Gold’- Precious Metal Markets Spike, Strategist Mike McGlone Calls PM Action ‘Meh’
7.5.2021
Precious metals (PM) markets have been trading a bit higher in recent days, while cryptocurrency markets have been seeing gains as well. Spot gold prices have jumped to $1,805 per ounce, up more than 1.3% during the last 24 hours, while silver prices have increased by 2.5%. As PMs have gathered...
Ethereum and Altcoins Rally, Bitcoin Corrects Gains
6.5.2021
Bitcoin price formed a base above the USD 54,000 zone. BTC started a steady increase and it cleared the USD 56,000 and USD 56,500 resistance levels. It even tested the USD 58,000 zone and it is currently (03:50 UTC) correcting gains.
Besides, most major altcoins gained bullish momentum....