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Bitcoin, Ethereum Correct Lower While DOGE Keeps Rallying
16.4.2021
Bitcoin price failed to stay above the USD 63,000 level and it extended its downside correction. BTC traded below the USD 62,000 and USD 61,200 support levels. It is currently (12:00 PM UTC) trading well below USD 61,000 and the bears might attempt a break below USD 60,000.
Similarly, most major...
Bitcoin price stalls as traders warn BTC could dip lower than $55K
8.4.2021
This week's drop is not "convincing," analyst Filbfilb says, echoing others' misgivings about the likelihood of a short-term bullish continuation
Bitcoin, Ethereum and Altcoins Lose Steam, Correct Lower
7.4.2021
Bitcoin price struggled to clear the USD 58,000 resistance zone. As a result, BTC reacted to the downside and traded below the USD 57,000 support. It is currently (12:00 PM UTC) showing signs of more losses and it could drop below USD 56,000.
Similarly, most major altcoins are declining. ETH...
Bitcoin and Ethereum Correct Lower, Dips Remain Supported
31.3.2021
Bitcoin price extended its rise above the USD 59,000 and USD 59,500 levels. However, BTC failed to test the USD 60,000 resistance. It tested USD 59,800 and it is currently (12:00 UTC) correcting gains.
Similarly, most major altcoins are correcting lower. ETH retreated from USD 1,860 and it is...
Bitcoin’s lower lows worry traders — But is the BTC bull market really in danger?
23.3.2021
Bitcoin bounced off $53,000 support but another leg down should not be ruled out in the near term
Bytetree Founder Believes Grayscale Should Lower Its ‘Unrealistically High’ Fee: Warns of Possible ‘Systemic Risk’
21.3.2021
The founder of Bytetree Asset Management, Charlie Morris, has suggested the reduction of the GBTC management fee as one way Grayscale Investment can ease the current selling pressure and possibly reduce the discount on the shares. Morris says if no action is taken, “the selling pressure will...
New Lower-cost Samsung Phones Feature Blockchain File-sharing Tech
19.3.2021
Galaxy A72. A series of new lower-cost Samsung Galaxy smartphones will feature blockchain technology-powered file-sharing functions that debuted on flagship models earlier this year.
Per the Segye Ilbo, the Galaxy A52, A525G and Galaxy A72 – part of the lower-cost Galaxy A series – feature support...
Validator Entry Thresholds on the Decline as Cloud-Based Staking Challenges Surmounted
12.3.2021
Through the novel use of hardware security modules in conjunction with a communication module, a collaboration between Bluzelle and Equinix will significantly reduce the barriers preventing the equal distribution of opportunities for potential proof-of-stake (PoS) node validators. Lower Cloud...
Bitcoin Still Consolidates, Ethereum and Altcoins Correct Lower
11.3.2021
Bitcoin price corrected lower from well above USD 57,000. BTC broke the USD 56,000 level and it even spiked below the USD 55,000 support. It is currently (12:30 PM UTC) recovering and is consolidating above the USD 55,000 support.
Conversely, most major altcoins extended their decline....
Bitcoin, Ethereum Moved Lower, XRP In Green
5.3.2021
Bitcoin price failed to stay in the positive zone above USD 50,000. BTC extended its decline below the USD 48,000 support zone. It even tested the USD 46,200 support zone and it is currently (05:00 UTC) struggling to start a steady recovery wave.
Similarly, most major altcoins are moving lower....
Bearish Outlook as Bitcoin’s Seven-Day Average Sinks 25%, ADA Shines During the Storm
28.2.2021
Digital currency markets have been bearish in recent days as prices have continued to sink lower. The entire market capitalization of all the crypto assets in existence is down over 8% on Sunday at $1.25 trillion. Bitcoin has plummeted from its all-time high (ATH) of $58,350 last Sunday...
Increasing stock market volatility drags Bitcoin and altcoin prices lower
27.2.2021
Growing concerns over rising U.S. Treasury yields are putting pressure on global financial markets and possibly dragging cryptocurrency prices lower
Russian Bill to Recognize Cryptocurrencies as Property Advances in Parliament
22.2.2021
Russia’s parliament has advanced the bill that proposes to recognize cryptocurrencies as property. The proposed law will provide legal protection for cryptocurrencies but income from their activities will also be subject to taxation. Cryptocurrencies to Be Considered Property in Russia...
Study: Top-Tier Cryptocurrency Exchanges Increased Their Market Share by 13% Since October 2020
20.2.2021
A recent study unveiled that top-tier cryptocurrency exchanges increased their market share since October 2020, in the context of lower-risk exchanges. The bitcoin bull market fueled that both retail and professional traders utilized such risk, data shows. Stricter Regulations Boosted Transparency...
xSigma Prepares to Launch Its Stablecoin DEX With Major Backers
17.2.2021
PRESS RELEASE. xSigma is a decentralized exchange and liquidity mining platform that supports stablecoin swaps. It enables dollar-pegged assets to be traded onchain with minimal slippage and lower fees than existing AMMs. The project is gearing up for its public launch, when early adopters will...
Russia’s Crypto Tax Bill Passes First Reading at State Duma
17.2.2021
The bill proposes to recognise cryptocurrency as property for purposes of taxation
Bitcoin volatility lower than 2017 levels as price smashes $51K
17.2.2021
Bitcoin volatility is not at the same level seen during the 2017 bull run but analysts still say lower price swings are necessary to maintain upward momentum
Russia’s Lower House to Consider Bill on Crypto Taxation This Week
16.2.2021
If passed the bill would amend tax laws to recognize digital currencies as a form of property
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...
Bitcoin Corrects Lower, Ethereum and Altcoins Accelerate
10.2.2021
Bitcoin price rallied to a new all-time high near USD 48,200 before starting a downside correction. BTC traded below the USD 47,000 level and it is currently (05:00 UTC) near USD 46,000. The next key support is at USD 45,000, below which there are chances of a larger downside correction.
Besides...