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Bitcoin and Ethereum Rally, Altcoins Bulls Seem Comfortable
8.3.2021
Bitcoin price formed a strong support base above USD 48,000 and started a fresh rally. BTC broke the USD 50,000 and USD 51,000 resistance levels. It almost tested the USD 52,000 resistance and it is currently (05:00 UTC) correcting gains.
Similarly, most major altcoins are showing positive signs....
Bitcoin and Ethereum Struggle, Major Altcoins In Red
5.3.2021
Bitcoin price started a fresh decrease below the USD 49,000 and USD 48,000 levels. BTC tested the USD 46,200 support and it is currently (12:30 PM UTC) attempting a fresh increase. To move into a positive zone, the price must settle above USD 48,000 and USD 48,500.
Besides, most major altcoins...
Bitcoin and Ethereum slow down as transaction values and fees plunge 70%
4.3.2021
On-chain metrics for both cryptocurrencies show a marked decrease in the dollar value of transactions and the subsequent transaction fees
Investment Firm Launches the First ‘Crypto Hedge Fund’ in Spain- Plans to Expand Across Europe, Latin America
27.2.2021
In Spain, an investment company has begun to promote what they called the “first crypto hedge fund.” The product has been registered in Malta by Avenue Investment Crypto, headed by a crypto advocate, Martin Huete. Investments Allocated Mainly in Bitcoin and Ethereum According...
Crypto Earning vs. Savings Accounts: How You Can Get Up to 17% Annually Holding Digital Assets
20.2.2021
The mainstream has caught a whiff of the gains cryptocurrencies like bitcoin and ethereum have seen, but many people are not aware of the passive income crypto users are getting as well. While financial incumbents are giving people with savings accounts a measly 0.35% to 0.60%, digital currencies...
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...
Bitcoin and Ethereum Trade To Record Highs, Altcoins Rally
18.2.2021
Bitcoin price remained in a strong uptrend above the USD 50,000 resistance. BTC extended its rise above USD 52,000 and traded as high as USD 52,750. It is currently (05:00 UTC) correcting gains, but dips might be limited below USD 51,000.
Similarly, there were strong bullish moves in most major...
Another Chinese Giant Enters Bitcoin and Ethereum Mining
17.2.2021
Bitcoin mining rigs. Another Chinese non-crypto firm has moved into bitcoin (BTC) mining – with the shipping behemoth Sino Global set to snap up a controlling stake in computing company Nine-Chain Intelligent in a deal worth around USD 8.5m.
Per a press release, Sino Global announced that it...
Tackling Crypto Mass Adoption: Jax.Network’s Mission
15.2.2021
PRESS RELEASE. Even though Bitcoin and Ethereum are called ‘cryptocurrencies’ people still treat them like assets instead of currencies. People are not spending cryptocurrencies on a large scale, nor are merchants accepting them on a similar scale. Generally speaking, you still cannot...
Bitcoin and Ethereum Correct Lower, Altcoins Edge Higher
11.2.2021
Bitcoin price started a downside correction below the USD 46,000 support level. BTC even failed to stay above USD 45,000. It is currently (05:00 UTC) down around 4% and it might continue to move lower towards the USD 43,200 support zone.
Similarly, ethereum struggled to stay above USD 1,800...
Crazy Bitcoin and Ethereum Fees Dampen Rally, Help Competitors
10.2.2021
Source: Adobe/Dušan Zidar
Bitcoin (BTC) and ethereum (ETH) transaction fees have spiked by 89% and 260% in the past month, as growing demand for BTC and ETH has overburdened both blockchains with unprecedented traffic. Moreover, Ethereum’s issues are seemingly boosting its competitors.
Bitcoin’s...
Bitcoin and Ethereum Correct Gains, Altcoins Remain Elevated
9.2.2021
Bitcoin price extended its rally above the USD 45,000 and USD 46,500 resistance levels. BTC even surpassed USD 48,000 briefly, hitting its new all-time high. It is currently (12:45 UTC) correcting gains and trading well below USD 46,500.
Similarly, ethereum climbed above USD 1,800, traded to a...
Bitcoin and Ethereum Hold Key Support, Altcoins Surge
8.2.2021
Bitcoin price started a downside correction from well above USD 40,000. BTC declined below the USD 39,200 support level, but it was well bid above USD 37,500. It is currently (05:00 UTC) trading above USD 38,000, but it is facing hurdles near USD 39,200.
Similarly, ethereum corrected more than...
Looming Legal Issues and Transparency Questions Fail to Dent Tether’s Momentum
6.2.2021
Tether has never been more popular. A quick look at Coinmarketcap data underscores this point, with 24-hour trading volume in USDT (US dollar-denominated Tether) exceeding both Bitcoin and Ethereum combined. Users of the Legacy Stablecoin Show No Sign of Relenting A slow-rolling lawsuit brought...
Bitcoin and Ethereum Eye Fresh Rally, Altcoins Extend Gains
5.2.2021
Bitcoin price is currently (12:55 PM UTC) trading above USD 38,000 and if the bulls succeed to keep this level, the price could surge towards the USD 40,000 level.
Besides, most major altcoins might continue moving higher. XRP/USD remains elevated and it might move above USD 0.450. ETH/USD...
Bitcoin and Ethereum Prepare For Next Move, Altcoins Rally
5.2.2021
Bitcoin price started a short-term downside correction below USD 37,000. BTC even spiked below the USD 36,500 support, but dips were limited. It is currently (05:00 UTC) trading above USD 37,000, with a couple of important hurdles near USD 38,000.
Similarly, ethereum is trading above the USD 1,600...
Sky High Bitcoin and Ethereum Fees: While Prices Jump the Cost to Transfer Follows Suit
4.2.2021
While a number of digital currencies have seen price gains the two leading crypto assets, bitcoin and ethereum have seen transaction fees skyrocket. For instance, data shows that the median fee for a bitcoin transaction is $8.58, while the median fee is $9.35 when spending ether. Meanwhile,...
Bitcoin and Ethereum Correct Gains, Altcoins Remain Elevated
4.2.2021
Bitcoin price started a downside correction from well above USD 38,000. BTC corrected below USD 37,800 and USD 37,500. It is currently (13:00 UTC) consolidating near USD 37,500, with a positive angle.
Besides, most major altcoins are slowly gaining momentum. ETH/USD corrected sharply, but...
Bitcoin and Ethereum Extend Rally, Altcoins Gain Momentum
4.2.2021
Bitcoin price started a steady increase after it settled above USD 35,000. BTC even cleared the USD 37,000 resistance to move into a positive zone. It traded close to USD 38,400 and it is currently (05:00 UTC) correcting lower.
Similarly, most major altcoins are trading in a positive zone. ETH/USD...
.NFT Web Domain Extension Scooped Up for Record $84K by Kenetic’s Jehan Chu
3.2.2021
Jehan Chu, who owns 1,300 Handshake domains, will be able to issue an unlimited number of subdomains under the .NFT extension. The Previous Owner Bought Extension for Less Than $600 Amid the rally in major cryptocurrencies like Bitcoin and Ethereum, non-fungible tokens (NFT) have experienced...