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Defi Protocol Anchor to Implement ‘Semi-Dynamic Earn Rate’ Following Governance Vote
25.3.2022
On Thursday, the team behind the lending protocol Anchor announced that a proposal has passed and the decentralized money market will “implement a more sustainable semi-dynamic earn rate.” Following the announcement, the value of the protocol’s native token ANC slipped roughly...
Crypto Market Sentiment Improves on Bullish News as Bitcoin Flirts with USD 45K
25.3.2022
Prices of nearly all major cryptoassets traded higher today, as sentiment among market participants improved following a Russian idea (a very preliminary one) of accepting bitcoin (BTC) for oil & gas, news that an oil giant is mining BTC, and speculations that a bitcoin spot-based...
Bitcoin, Ethereum Technical Analysis: BTC Surges to $45,000, as Russia Considers Accepting the Crypto for Oil & Gas
25.3.2022
Bitcoin moved past its $45,000 price ceiling, after it was reported that the Russian government was considering accepting it as payment for energies. The news sent BTC to a 24-day high, whilst ETH also climbed to a five-week peak. Bitcoin BTC was trading almost 5% higher on Friday, as markets...
Bitcoin and Ethereum Inch Higher, ETH and QNT Accelerate
25.3.2022
Bitcoin price remained in a positive zone above the USD 43,500 resistance zone and is still moving higher above USD 44,000. It is currently (11:54 UTC) showing positive signs above USD 44,500 and might keep moving towards USD 45,000.
Similarly, most major altcoins are also showing positive...
Axie Infinity Jumps On Binance News, New Game Roll-Out Expected This Month
25.3.2022
The crypto play-to-earn game Axie Infinity’s native token AXS jumped in price today after major crypto exchange Binance announced new incentives for the token, and as the community prepares for the launch of the revamped game Axie Infinity: Origin set for later this month.
At 11:00 UTC,...
Bitcoin Tests USD 44K, Ethereum Extends Gains, SOL and AXS Rally
25.3.2022
Bitcoin price started a fresh increase above the USD 43,350 resistance zone and even traded above the USD 44,200 level. It is currently (04:16 UTC) consolidating gains above USD 43,900 and eyeing an upside break above USD 44,350.
Similarly, most major altcoins are trading in a positive zone....
Market Wrap: Cryptos Rise as Russia Mulls Bitcoin for Oil Payments; Dogecoin Rallies
24.3.2022
Bitcoin (BTC) is rising alongside a 6% rally in dogecoin (DOGE). Meme stocks are also outperforming in equity markets, reflecting improved appetite for risk among investors. DeFi tokens are lagging, but could catch up with broader upswings in price
Crypto rallies to $2T market cap as institutions signal readiness to enter
24.3.2022
Goldman Sachs revamped its website’s homepage to reflect newfound bullishness toward crypto and blockchain technology
Biggest Movers: DOGE, ADA Nearly 10% Higher, as AXS Leads Today’s Gainers
24.3.2022
DOGE was higher during today’s session, as it was reported that a Bitcoin ATM operator added the token to its Kiosks. This comes as cardano also added to recent gains, after it was revealed that Coinbase is now offering cardano staking. Despite this, it was axie infinity (AXS) that...
Bitcoin hits $44K, but traders want to see a few daily closes here before a move higher
24.3.2022
BTC pushed through a key price level as investor sentiment soars across the sector, but analysts caution that $44,000 must become support to mark a macro-level trend change
Coinbase Now Allows Cardano Staking Services, Firm ‘Plans to Continue to Scale Staking Portfolio’
24.3.2022
On March 23, the cryptocurrency exchange Coinbase announced the platform will now allow cardano staking services. The company’s senior product manager Rupmalini Sahu mentioned that cardano is one of the top ten crypto assets by market cap and its proof-of-stake (PoS) blockchain “seeks...
Bitcoin, Ethereum Technical Analysis: ETH Recaptures Fresh 1-Month High
24.3.2022
Ethereum rebounded during Thursday’s session to recapture the $3,000 level, climbing to a fresh one-month high in the process. This comes as BTC rose back above $43,000, hitting a 20-day high as a result. Bitcoin On Thursday, BTC rose to its highest level since March 3, as prices of...
Abu Dhabi Global Market Regulatory Arm Unveils Document Proposing Changes to Virtual Asset Regulations
24.3.2022
The Financial Services Regulatory Authority (FSRA), a regulator in the United Arab Emirates (UAE)’s financial center and free zone, the Abu Dhabi Global Market (ADGM), has released a consultation paper that proposes amendments to regulations that govern the use of virtual assets. Regulator...
Bitcoin and Ethereum Consolidate, APE, ADA, and AXS Lead
24.3.2022
Bitcoin price was able to settle above the USD 42,500 resistance zone. BTC climbed above USD 43,000 and is now (11:50 UTC) consolidating gains just below this level, having increased more than 2% in a day.
Similarly, most major altcoins are showing positive signs. ETH settled above USD 3,000...
Russian Ruble Crypto Trading Falls Again as Moscow Stock Market Opens, RUB Rises
24.3.2022
The stock market in Moscow opened again on Thursday after staying closed for a month following Russia’s invasion of Ukraine. Meanwhile, crypto trading with Russian rubles (RUB) continues to see falling volume on the largest international exchange, Binance....
Read More: Russian Ruble Crypto...
ADA Rallies as Coinbase Offers 3.75% APY for Staking Cardano
24.3.2022
Cardano (ADA), a so-called "Ethereum Killer," has broken above the USD 1 mark following the news that major crypto exchange Coinbase would expand staking offerings to include the cryptocurrency.
Looking at the price at 10:02 UTC, over the past 24 hours, the seventh coin by market capitalization...
Is a Bullish Trend Expected in the Crypto Market in 2022?
24.3.2022
The start of 2022 came for many people who owned and traded cryptocurrencies worldwide. Not only did crypto dip, but it also went dipper than a lot of traders have speculated. Initially, people were buying the dip, but the dip kept getting dipper. The heights that cryptocurrency attained...
Japanese Software Giant Line Plans to Launch NFT Market Next Month
24.3.2022
The Japanese social media and messenger software firm Line Corporation has announced the company is introducing a non-fungible token (NFT) marketplace on April 13. Line detailed on Wednesday that the market will be called “LINE NFT” and it will showcase “more than 100 types...
Bitcoin and Ethereum Inch Higher, ADA and DOGE Rally
24.3.2022
Bitcoin price started a fresh increase above the USD 42,500 resistance zone and briefly traded above the USD 43,000 level. It is currently (04:26 UTC) trading near USD 42,850 and is up 2% in a day.
Similarly, most major altcoins are gaining momentum. ETH remained strong above USD 2,900...
Ethereum price breaks through $3K, but analysts warn that a retest is needed
24.3.2022
ETH price finally pushed through the $3,000 barrier and while further upside is warranted, analysts believe that retest of lower levels will happen first