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Bitcoin and Ethereum Test New Lows, FXS Accelerates


  Bitcoin price failed to clear the USD 39,000 resistance level and started another decline, moving below USD 38,000. It is currently (04:09 UTC) trading near USD 38,100 again but it still might slide below USD 37,500. BTC is down 1% in a day and is unchanged in a week.... Read More: Bitcoin...

Weiss Ratings Report Claims Crypto-Backed Home Loans Spell Trouble


A report published on May 2 by the rating agency Weiss Ratings warns that crypto-backed mortgages “spell risk.” Weiss editor Jon D. Markman said backing a mortgage with crypto is an “interesting strategy,” but stressed that during these market conditions...

Bitcoin and Ethereum Consolidate, ALGO’s Rally on Pause


  Bitcoin price remained in a range above the USD 38,000 level. BTC is currently (11:57 UTC) trading near USD 38,500 and facing a couple of key hurdles near USD 39,000 and USD 39,200. BTC is unchanged in a day and down 5% in a week. If there is no upside break, the price could dive below...

Spanish Cryptocurrency Exchange Bit2me Expands Operations to Brazil


The Spanish cryptocurrency exchange Bit2me is taking interest in getting into the Latam market. The company has launched its operations in Brazil by introducing an office in the country that will deal with compliance issues to make the exchange a safe option for Brazilians. The exchange aims...

Another Solana Outage Shows That Price Impact Is Minor


  After at least 9 days with reported outages so far in 2022, the price of solana (SOL), the 7th largest cryptoasset by market capitalization, does not appear overly affected by the network troubles, with prices for the most part staying rangebound between USD 80 and USD 120 since late January....

Bitcoin and Ethereum Struggle, XRP and LUNA Inch Higher


  Bitcoin price started an upside correction above the USD 38,500 level. However, it is struggling to clear the USD 39,200 resistance zone. BTC is currently (11:47 UTC) consolidating above USD 38,600 and might attempt a move above USD 39,200. The price is up almost 2% in a day and down 2% in...

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