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Bitcoin, Crypto, and Stocks Fluctuate as West Prepares Sanctions Against Russia's Aggression
22.2.2022
Bitcoin (BTC) and other major cryptoassets still follow the stock market as investors are now assessing Russia's aggression towards Ukraine and the impact of Western sanctions on Russia.
Both traditional and crypto markets went lower after Russian President Vladimir Putin yesterday formally...
Another Suspect in Ethereum's DAO Hack Emerges, Putting Coin Mixing Under Question
22.2.2022
A prominent crypto journalist has published a remarkable j’accuse article claiming to unmask the identity of the 2016 hack on The DAO, which saw a raider make off with ETH 3.6m, now worth over USD 9.4bn. However, what is possibly more important, it put the popular coin mixing technology under...
Bitcoin, Ethereum Technical Analysis: ETH Finds Temporary Support, After Hitting 3-Week Low
22.2.2022
Ethereum found support on Tuesday, following a drop to a three-week low earlier in today’s session. This comes as the price of bitcoin also consolidated, following recent bearish pressure. Bitcoin The selloff in BTC momentarily eased on Tuesday, as global markets continued to closely monitor...
Bitcoin and Ethereum Consolidate Losses, Altcoins Struggle
22.2.2022
Bitcoin price gained bearish momentum below the USD 38,000 level. BTC even tested the USD 36,500 level. It is currently (11:30 UTC) consolidating losses and might recover to USD 38,500.
Similarly, most major altcoins are consolidating losses. ETH tested the key USD 2,500 support, where the bulls...
Bitcoin and Ethereum Extend Losses, Altcoins Tumble
22.2.2022
Bitcoin price attempted a recovery wave above USD 38,000. However, BTC failed to surpass the USD 39,500 resistance level and is currently (04:22 UTC) trading near USD 36,700, dropping 6% in a day and reaching almost three-weeks lows.
Similarly, most major altcoins are gaining bearish momentum....
Streaming Service Sling TV Adds Crypto Payment Support for Monthly Subscriptions
22.2.2022
The American streaming television service Sling TV has announced the company is now accepting cryptocurrency payments from customers paying their monthly subscriptions. Sling TV detailed the company is leveraging the crypto payment provider Bitpay and will accept seven different cryptocurrencies...
Report: Intel Reveals ‘Bonanza Mine BMZ1’ Blockchain Accelerator Mining Chip
21.2.2022
Last week the California-based technology company Intel explained its intentions to develop crypto mining semiconductors that would showcase “1000x better performance per watt.” Now Intel has revealed more details about the “Bonanza Mine” (BMZ1) blockchain accelerator...
Technical Analysis: QNT, LUNA Lead Monday’s Crypto Rebound
21.2.2022
Following a bearish start to the week, the crypto market rallied throughout the afternoon, with quant (QNT) and terra (LUNA) leading the gainers. Earlier losses in bitcoin and ethereum were also lessened, as the overall market was up 1.35% as of writing. Biggest gainers Cryptocurrency markets have...
Price analysis 2/21: BTC, ETH, BNB, XRP, ADA, SOL, AVAX, LUNA, DOGE, DOT
21.2.2022
BTC’s attempt to reclaim $40,000 was thwarted by bears, but any consolidation within the current range could benefit small and large-cap altcoins
Optimistic Forecasts Appear Bleak as Bitcoin, Ethereum Keep Trending Lower, BTC and ETH Flows Diverge
21.2.2022
The weekend selling in the crypto market occurred despite a number of recent optimistic forecasts predicting everything from a bottoming out to an expected break in the correlation between crypto and traditional assets this spring....
Read More: Optimistic Forecasts Appear Bleak as Bitcoin...
Crypto Market Sentiment Drops, Bitcoin Remains in Positive Zone, Crypto.com Coin Rises
21.2.2022
Sentiment in the crypto market changed its direction last week, with the 7-day average sentscore of the 10 major cryptoassets tracked by the market sentiment analysis service Omenics slipping from 5.41 a week ago to 5.26 today.
The drop in sentiment follows a downturn in crypto prices, with...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Lower for a Sixth Straight Day
21.2.2022
Bitcoin was trading lower to start the week, as markets were anticipating the release of U.S. president Biden’s executive order on cryptocurrencies. Ethereum also remained in the red, and continues to track at multi-week lows. Bitcoin Bitcoin prices were almost 12% lower from the same point...
ETHDenver Hackathon Finalists Aim at These Pain Points Across DeFi, NFTs, DAOs, and Metaverse
21.2.2022
30 ETHDenver hackathon finalists that pitched their ideas to a team of crypto veterans and were competing for up to USD 5,000 in prizes, largely focused on solving common pain points across various segments of the Ethereum (ETH) ecosystem.
Let’s take a closer look at some of the projects that...
Bitcoin and Ethereum Resume Decline, Altcoins Trim Gains
21.2.2022
Bitcoin price faced sellers near USD 39,500 and is currently (11:57 UTC) trimming gains near USD 37,500 while remaining at risk of more downsides.
Similarly, most major altcoins are struggling to recover. ETH struggled near USD 2,750 and dropped below USD 2,650. XRP is approaching the USD 0.75...
DAO Rallies To Collect USD 4B For Denver Broncos Buy
21.2.2022
A decentralized autonomous organization (DAO) has been established with the aim to pool some USD 4bn and buy the Denver Broncos franchise of the US National Football League (NFL).
The Broncos were put up for sale earlier this month, and the trustees said in a statement they hope to have...
Bitcoin and Ethereum Try to Recover, SOL Gains Strength
21.2.2022
Bitcoin price remained in a negative zone and settled below the USD 40,000 level. BTC even traded below USD 38,800 and tested USD 38,000. It is currently (04:21 UTC) correcting losses above USD 39,000, but the bears might remain active near USD 40,000.
Similarly, most major altcoins are facing...
Play-to-Earn Blockchain Game Axie Infinity Surpasses $4 Billion in All-Time NFT Sales
20.2.2022
This week, Axie Infinity, the blockchain-based online video game crafted by the Vietnamese software studio Sky Mavis, surpassed $4 billion in all-time non-fungible token (NFT) sales. Currently, the play-to-earn (P2E) game launched in 2018 is the third-largest NFT platform in terms of all-time...
Opensea CEO Dismisses $200 Million Hack Rumor, Claims Incident Was a Phishing Attack
20.2.2022
Opensea co-founder and CEO, Devin Finzer, has denied rumors that the non-fungible token (NFT) marketplace’s codebase was breached and that attackers had stolen $200 million. According to Finzer, an investigation had shown that the attacker had $1.7 million worth of ethereum in his wallet...
Bulgarian Stock Exchange Launches 8 Crypto ETNs
20.2.2022
Bulgarians can now invest in crypto assets through their country’s stock market. The Bulgarian Stock Exchange has recently launched eight ETNs based on two digital currencies, bitcoin and ethereum, following the example set by leading European platforms that support such products....
Despite Recent Threats From Canadian Officials, ‘Real Crypto’ or Decentralized Assets Cannot Be Frozen
20.2.2022
Over the last week, there’s been a lot of discussion about Canada ‘freezing’ digital currency accounts that are associated with the Canadian trucker’s Freedom Convoy. Amid the topical conversation, it should be stressed that decentralized cryptocurrencies like bitcoin...