Search
Synthetic dreams: Wrapped crypto assets gain traction amid surging market
17.1.2021
Synthetic crypto assets offer vast potential to shake up the crypto and traditional financial markets, but what’s behind the current growth?
Bitcoin and Altcoins Struggle To Gain Bullish Momentum
13.1.2021
Bitcoin failed its attempt to gain strength above USD 35,500 and USD 36,000 and declined below USD 35,000. The price is currently (05:00 UTC) showing bearish signs, but it could find a strong support near USD 31,200 and USD 30,500.
Similarly, most major altcoins failed to clear key inflection zone....
Bitcoin Reclaims USD 40K, Ethereum and Litecoin Gain Momentum
8.1.2021
After a minor downside correction, bitcoin price started a fresh increase above USD 38,500. BTC surged over 8% and reclaimed the USD 40,000 level. It is currently (13:00 UTC) trading well above USD 40,000 and it could continue to rise towards USD 42,000 and USD 42,500.
Besides, most major altcoins...
Blockchain Projects Gain Boost in Seoul’s USD 7Bn 2021 Spending Plan
8.1.2021
The South Korean government has pledged to spend USD 7bn on public projects this year, a figure that will include blockchain spending.
The money will back what ministers have labeled the “Korean New Deal,” and particularly what they have called the “core” of the measures, the “Digital New Deal,”...
India Considers 18% GST on Bitcoin Transactions
29.12.2020
The Indian government is reportedly mulling over imposing an 18% goods and services tax (GST) on bitcoin transactions. According to the Central Economic Intelligence Bureau, the government could gain Rs 7,200 crore annually from this bitcoin taxation. 18% GST on Bitcoin Trades The Central Economic...
Bitcoin Now Hunts USD 25,000, Altcoins Gain Bullish Momentum
25.12.2020
After forming a strong support base above USD 22,700 and USD 23,000, bitcoin started a steady increase. BTC broke the main USD 23,500 and USD 24,000 resistance level to start a fresh rally. It is currently (13:00 UTC) up over 5% and it traded to a new all-time high near USD 24,680.
Similarly, most...
DeFi boom and Bitcoin rally position NEXO to close 2020 with a 480% gain
21.12.2020
Bitcoin is currently the center of attention but savvy investors have also noticed that Nexo token has rallied 480% in the last 3 months
Bitcoin and Altcoins Struggle To Gain Bullish Momentum
10.12.2020
After a strong recovery wave above USD 18,200, bitcoin price faced a strong resistance. BTC is struggling to clear the USD 18,500 level and it might start a fresh increase. The price is currently (13:00 UTC) stuck near USD 18,200, with a major support at USD 18,000.
Besides, most major altcoins...
Bitcoin will gain from distrust in traditional finance, says bank strategist
10.12.2020
Will Bitcoin end the dollar’s supremacy one day?
Bitcoin Slides Towards USD 18K, Altcoins Gain Bearish Momentum
9.12.2020
After a long battle, bitcoin price started a bearish wave below the USD 19,000 support level. BTC broke the USD 18,500 support level and moved into a short-term bearish zone. The price is currently (05:00 UTC) down 6% and it could struggle to stay above the USD 18,000 level.
Similarly, there was...
New Stimulus Proposals Gain Support While Lawmakers Push for Second Stimulus Checks to Help Americans
7.12.2020
Two new stimulus packages have been proposed while lawmakers continue to push for second stimulus checks to help Americans cope with the coronavirus-led economic crisis. House Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell want to add stimulus measures to the spending bill that...
XRP Led November’s Crypto Bull Run With 169% Gain
2.12.2020
XRP jumped 169% in November to top the performance rankings among digital assets in the CoinDesk 20, outperforming bitcoin and ether
VeChain Price Shows Steep Gain as the Market Reflect Bullishness
23.11.2020
VeChain leaves behind IOTA as it shows a clear rise in the price and a steep price trend of VET against the US Dollar. VeChain, which was trading below $0.0100 at the month’s onset, is now seen trading with a clear spike as it trades at $0.015. VeChain, after having gained enough impetus...
Bitcoin At The USD 17K Path Again, Altcoins Gain Momentum
17.11.2020
Bitcoin price finally managed to clear the main USD 16,500 resistance zone. As a result, there was a sharp increase above USD 16,700. The price traded close to USD 16,900 and it is currently (04:30 UTC) consolidating gains above USD 16,600.
Also, there was a strong upward move in most major...
Why billionaires are suddenly accumulating Bitcoin after 113% YTD gain
10.11.2020
Billionaires have been increasingly accumulating Bitcoin in recent months as four main factors are making BTC increasingly attractive to money managers
Bitcoin At New High, Altcoins Gain Momentum
5.11.2020
There was a steady rise in bitcoin price above the USD 13,800 and USD 14,000 resistance levels. BTC even broke the USD 14,200 resistance and traded to almost a three-year high. It is currently (06:00 UTC) consolidating gains and trading well above the USD 14,000 support level.
Also, there...
First Mover: Bitcoin Heads for 24% October Gain as U.S. Election Countdown Begins
30.10.2020
Pantera's Dan Morehead looks at negative images of GDP charts and counts words in Satoshi Nakamoto's white paper to chronicle bitcoin's "movement."
Monero Reaches 2-Year High, Taking YTD Gain to 200%
26.10.2020
Regulatory scrutiny is likely garnering more attention for monero amid an upward-trending broader market
Bitcoin Down 1% After Biggest Weekly Price Gain Since July
12.10.2020
Despite a dip today, bitcoin has crossed into bullish territory with the biggest weekly gain Since July
Up 5%: Bitcoin Sees Biggest Single-Day Price Gain for 2 Months
25.9.2020
Bitcoin is eyeing a bull revival above the psychological resistance of $11,000, but a strengthening dollar could put a spanner in the works