Search
Bitcoin Targets USD 50K Again, Ethereum, Altcoins Hold Supports
3.3.2021
Yesterday, bitcoin corrected gains and traded below USD 48,000. However, BTC remained well bid above the USD 47,000 level and it is currently (05:00 UTC) rising. The main resistance is now near USD 50,000, above which there are chances of a strong increase in the near term.
Besides, most major...
Bitcoin Struggles Near USD 50K, Ethereum and Altcoins Consolidate Gains
2.3.2021
Bitcoin price recovered above USD 48,000 and it tested the USD 50,000 resistance. BTC is currently (12:30 UTC) consolidating above the USD 48,000 support zone. It might make another attempt to clear USD 50,000 as long as there is no close below USD 48,000.
Besides, most major altcoins are holding...
Bitcoin Plays With USD 50K, Ethereum, Altcoins Gain Bullish Momentum
2.3.2021
Bitcoin price started a steady increase above USD 45,000 and it even surpassed USD 48,000. BTC tested the USD 50,000 resistance and it is currently (05:00 UTC) consolidating gains. The price could continue to rise if the bulls gain strength above the USD 50,000 resistance.
Besides, most major...
American Music Producer Makes USD 11.7M in NFT Sales
1.3.2021
3Lau. Source: A screenshot, Instagram/3lau
The link between crypto, blockchain and the music industry is growing increasingly strong, after an American electronic dance music producer set a new high for non-fungible token (NFT) sales, raising some UD 11.7m in the sale of 33 unique items – with...
MicroStrategy Spent USD 15M on Bitcoin Dip
1.3.2021
One of the most bullish non-crypto companies, US-based software developer MicroStrategy, just used the recent bitcoin (BTC) correction to increase their BTC stash.
Per CEO Michael Saylor, the company has purchased an additional BTC 328 for around USD 15m in cash at an average price of USD 45,710...
With USD 190M TVL in Just 10 Days after Mainnet Launch, ZKswap Prepares for ProBit Exclusive Feature March 2
26.2.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The next rollout of ProBit Exchange’s popular ProBit Exclusive has been confirmed for Layer 2 DEX ZKSwap on March 2, enabling subscribers to pick up a 50% discounted rate from the market price. The Exclusive...
Bitcoin Is 'Perfect' For The USD 20T Global Collateral Market - Research
25.2.2021
Bitcoin (BTC)'s unique features make it a perfect collateral asset, providing it with major potential to capture a share of the global collateral market which is estimated at close to USD 20trn, according to Norwegian crypto-focused research firm Arcane Research.
“Based on our calculations and data...
Coinbase Aims For USD 1B Direct Listing This Year
25.2.2021
Today, US-based major crypto exchange Coinbase filed to go public via USD 1b direct listing on the Nasdaq Global Select Market under the symbol COIN this year.
In the filing with the US Securities and Exchange Commission, the company said it had 43m verified users last year and 2.8m monthly...
Defeated Donald Trump-themed NFT Sells for USD 6.6 Million
25.2.2021
The resold NFT by Beeple. Source: A screenshot, Nifty Gateway
The non-fungible tokens (NFTs) market is showing signs of hotting up to unprecedented levels – with a Donald Trump-themed piece of digital art fetching a staggering USD 6.6m in a resale deal.
The artwork was created by popular digital...
MicroStrategy's Bitcoin Stash Surpassed USD 4.5B And They Want More
24.2.2021
One of the most bullish non-crypto companies, US-based software developer MicroStrategy, confirmed it recently acquired BTC 19,452, increasing its stash to BTC 90,531 (USD 4.5bn).
In their latest deal, the Michael Saylor-led company spent USD 1.026bn (inclusive of fees and expenses) paying...
Bitcoin Still Above USD 50K, Ethereum and Altcoins Gain Momentum
24.2.2021
Bitcoin price remained stable above USD 48,000 and it even settled above USD 50,000. BTC is now facing hurdles near USD 51,500 and USD 52,000. It is currently (12:30 UTC) trading above USD 50,000 and the bulls could possibly attempt a break above USD 52,000.
Besides, most major altcoins are gaining...
Bitcoin Rebounds From USD 45K, Ethereum and Altcoins Pair Losses
23.2.2021
Bitcoin price extended its decline below the USD 50,000 support level. BTC even declined below the USD 47,500 support level and tested USD 45,000. However, the price rebounded sharply, jumping to almost USD 49,000 (12:58 PM UTC) and trimming its daily losses to 8%.
Similarly, there was a strong...
Another USD 1B Liquidated In One Hour As Crypto Selloff Intensifies
23.2.2021
After more than USD 4bn in cryptoasset trading position was liquidated yesterday, another USD 1bn was liquidated today in just one hour as a selloff in the crypto market intensified, increasing bitcoin (BTC)'s dominance.
Almost 91% of the liquidated positions are long positions, while BTC accounts...
Bitcoin Tests USD 50K, Ethereum and Altcoins Drop
23.2.2021
Bitcoin price is down over 10% and it broke many important supports near USD 55,000 and USD 52,000. BTC is currently (05:00 UTC) struggling to settle above USD 50,000. A daily close below USD 50,000 may possibly open the doors for more losses towards USD 45,000.
Similarly, there were strong bearish...
Overleveraged Crypto Traders Just Lost Another USD 1B, Binance Leads Again
22.2.2021
Over USD 1bn in long trading positions has been liquidated in the past 24 hours as overly optimistic traders seem not willing to learn after they lost almost USD 2bn just a week ago.
Almost USD 600m of those positions were in bitcoin (BTC). In the past hour alone (10:39 UTC), almost USD 400m have...
Pricing Gold, Food, and Altcoins With the BTC Denominator: How to Measure an Asset’s Worth in Bitcoin
21.2.2021
On February 21, bitcoin touched a lifetime price high at $57,844 per unit after the crypto asset’s market valuation crossed the $1 trillion zone for the first time in history the day prior. Meanwhile, a number of digital assets have seen fiat values increase as coins like litecoin, ethereum...
Ethereum Hits USD 2,000, Outperformed by Bitcoin Rally
20.2.2021
The two largest cryptoassets, bitcoin (BTC) and ethereum (ETH), are on their journey of discovering new all-time highs.
Despite its recent high fees-caused problems that helped competitors grow, ETH surpassed USD 2,000 today for the first time, while BTC, which is still a USD 1trn asset, rallied...
MicroStrategy Raises USD 1B to Buy More Bitcoin
19.2.2021
MicroStrategy confirmed today that it raised USD 1.05bn and it intends to spend it on bitcoin (BTC). The company estimates that the net proceeds from the sale of its notes will be approximately USD 1.03bn.
(To be updated)
Bitcoin Mining Difficulty Set To Hit New ATH While BTC Rallies Above USD 53K
19.2.2021
At the time when bitcoin (BTC) price is breaking all-time highs, the mining difficulty is set to break its record today.
Per mining pool BTC.com estimates, mining may become the most difficult it's ever been in several hours from now (15:34 UTC). Bitcoin mining difficulty, or the measure of...
Bitcoin and Ethereum Hold Gains, BNB Flips Tether and Tests USD 250
19.2.2021
Bitcoin price started a short-term downside correction from the USD 52,750 all-time high. BTC declined below USD 52,000 and USD 51,500. However, the bulls were active and the price is currently (05:00 UTC) trading well above the USD 50,500 support zone.
Besides, there were mostly positive moves...