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Shiba Inu (SHIB) Faces a Close Battle with 200 MA!
8.3.2022
Shiba Inu now moves a step closer to its last support level. At the same time, 200 DMA remains closer to the currently traded value. While the movement since the last week of February has mostly been affected by the international tension, Shiba Inu is now a step closer to its long-term support...
Venezuela Increases Minimum Monthly Wage to Half a Petro
7.3.2022
Nicolas Maduro, president of Venezuela, announced an increase in the minimum wage of workers in the country linked to the petro. In the II Workers’ Congress, Maduro revealed that the new value of the salary would be half a petro, the national cryptocurrency, which is now worth close to $59....
Technical Analysis: Record Broken, as ANC Falls Over 20% on Sunday
6.3.2022
Following a week-long winning streak, ANC finally fell on Sunday, as crypto bears finally entered the fray. Despite this, WAVES managed to maintain recent highs, and has now climbed close to 60% in the last week. Anchor protocol (ANC) Following a streak of fresh record highs from Wednesday...
Japan Looks to Stop Sanctioned Russian Entities From Transferring Crypto Assets
6.3.2022
As financial authorities around the world continue to target sanctioned Russian entities, regulators in Japan along with the country’s crypto association are attempting to find and close gaps that may be used to circumvent sanctions. The two bodies, however, have said they are not discussing...
Technical Analysis: Fantom Climbs Close to 10% Higher, While THETA Drops on Wednesday
2.3.2022
Fantom was trading by almost 10% higher during Wednesday’s session, as the crypto market was marginally up. Despite this, there were a few notable bears, THETA being one of them and was down by as much as 5% earlier in the session. Biggest Gainers Fantom was one of Wednesday’s biggest...
Technical Analysis: LUNA Leads Crypto Rally, ANC Slips Under Bearish Pressure
28.2.2022
On Monday, terra (LUNA) rose for its 8th session in nine days, as its value increased by close to 60% over the last week. Anchor (ANC), on the other hand, was lower after climbing by almost 50% in the same period. Biggest Gainer Terra (LUNA) has been one of the standout performers in cryptocurrency...
Data Shows Ruble-Denominated BTC Volume Rising, BTC-RUB Prices Jump as High as $46K
28.2.2022
Amid the conflict in Ukraine with Russia, bitcoin trade volumes tied to Russian ruble pairs have surged in recent days. Metrics recorded by the crypto analytics provider Kaiko indicate that ruble (RUB)-denominated bitcoin volume reached close to 1.5 billion rubles four days ago, on February...
Bitcoin fails to beat resistance as $40K stays out of reach into weekly close
27.2.2022
A dark week looms for macro markets while the weekend succeeds in providing some respite for crypto traders
EU 'Commits' to Cutting Russian Banks Off From SWIFT Over Ukraine Invasion
26.2.2022
Ethereum After 1559: Network Nears 2 Million ETH Burned Worth Over $6.9 Billion
26.2.2022
Approximately 205 days ago, the Ethereum network upgraded via the London hard fork which implemented the packaged Ethereum Improvement Proposal (EIP) 1559. Since then, the EIP-1559 upgrade made it so a fraction of gas is destroyed during the transaction process and to date, 1,915,220 ether has been...
Bitcoin, Ethereum Technical Analysis: BTC Climbs to $40,000 on Saturday
26.2.2022
Bitcoin and ethereum were both higher to start the weekend, as markets seem to have discounted recent volatility. BTC momentarily passed the $40,000 level, with ETH moving towards $2,800. Bitcoin As of writing, cryptocurrency markets are up by over 3% on Saturday, with bitcoin trading close to...
Crypto Community Discusses Warfare in Ukraine, Importance of Crypto, and the Future of Bitcoin
24.2.2022
During the course of the early morning trading sessions on Thursday (EST), 24-hour statistics show the crypto economy dropped more than 11% in value against the U.S. dollar. While the leading crypto asset bitcoin shed close to 10%, a myriad of alternative digital assets lost close to 20% in value....
Stablecoin Economy Grows Close to 10% Larger in 54 Days — GUSD, BUSD, USDC Issuance Jumps
22.2.2022
At the end of December 2021, the stablecoin economy’s market valuation was around $168.3 billion and since then, it has increased 9.92% to $185 billion in value. A number of stablecoins have issued more assets during the last seven days, as some of the top dollar-pegged coins have swelled...
2 ‘Sleeping Bitcoin’ Block Rewards From 2010 Wake up After Sitting Idle for More Than a Decade
18.2.2022
During the last week bitcoin’s USD value has shed close to 9% as it slipped from $44,239 per unit two days ago, to below the $40K range on Friday. Meanwhile, in the last 24 hours, two sleeping bitcoin block rewards from 2010 woke up after more than a decade of sitting idle. The 100 bitcoins...
NFT Sales Nosedive This Week as Volume Drops Close to 30%
16.2.2022
According to current metrics, non-fungible token (NFT) sales have dropped 29.35% since last week. While Ethereum and Solana are the two blockchains with the most NFT sales volume, both blockchain networks have seen NFT sales nosedive anywhere between 27% to 32% over the last seven days. Weekly...
Bitcoin, Ethereum Technical Analysis: BTC Surges Towards $45,000 as Russia Withdraws ‘Some’ Troops
15.2.2022
Following four consecutive sessions of declines, bitcoin rallied late on Monday, into Tuesday, as it was reported that Russia was withdrawing some troops from the Ukrainian border. Overall, crypto markets are up close to 5% on the day. Bitcoin BTC finally rebounded during Tuesday’s session...
Bitcoin inches towards higher weekly close with CME futures gap in focus
13.2.2022
The end of the weekly candle could soon give way to a more pressing $42,400 target should the market move significantly overnight, one trader says
Technical Analysis: IOTX Captures the Biggest Gains, as Crypto Markets Fall on Friday
11.2.2022
IOTX was Friday’s big gainer, as crypto markets were lower across the board to end the week. Overall, the global cryptocurrency market cap is down close to 4% in today’s session. Biggest gainers Following a strong start to the week, which saw the likes of shiba inu (SHIB), and...
Technical Analysis: THETA Surges 20%, While LEO Falls Lower, Again
10.2.2022
LEO fell for a second consecutive session, as crypto markets traded with higher levels of volatility on Thursday. THETA ignored this uncertainty and climbed by close to 20% today. Biggest gainers Following turbulence during today’s trading session, the global cryptocurrency market...
Bitcoin, Ethereum Technical Analysis: Bitcoin Hits $43,000 After Tesla Announcement
7.2.2022
Following a strong weekend, bitcoin’s surge continued to start the week, as Tesla announced close to $2 billion worth of holdings in BTC. Overall, crypto markets were around 3% higher on Monday. Bitcoin Bitcoin, which consolidated for the majority of last week, moved closer to a three-week...