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Cash App’s Bitcoin Revenue Grew 119% in 2021, Gross Profit From BTC Rose 124%
26.2.2022
Popular mobile payment platform Cash App, developed by Jack Dorsey’s Block Inc., generated $10 billion in bitcoin revenue and $218 million in bitcoin gross profit in 2021. Compared to the previous year, the bitcoin revenue increased 119% while gross profit rose 124%. Cash App’s...
Technical Analysis: LUNA, AMP Jump Over 20% Higher on Friday
25.2.2022
Crypto markets appeared to have temporarily shaken off recent volatility, with AMP once again leading the day’s bulls. Terra’s LUNA also surged, climbing by as much as 20% during Friday’s trading session. AMP AMP is currently trading over 24% higher in today’s session...
Sanctions May Not Affect Russia’s Access to Crypto, Reports Claim
25.2.2022
As sanctions rain on Russia, following the Kremlin’s decision to invade Ukraine, media reports have suggested that they are unlikely to limit the country’s access to crypto assets. While the Russian elite may use them to circumvent restrictions, ordinary Russians are also likely...
Bitcoin Has Fluctuated Sharply Recently: The Best Moment to Use Leverage Trading
25.2.2022
The crypto globe experienced a sharp fall and rapid ascent for the tensions between Russia and Ukraine. In two days, the Bitcoin price fell from $39K to $34K and then rose back to 39K, fluctuating over 20% back and forth. If you hold the Bitcoin spot, you can’t profit from this volatility....
Bitcoin Has Fluctuated Sharply Recently: The Best Moment to Use Leverage Trading
25.2.2022
The crypto globe experienced a sharp fall and rapid ascent for the tensions between Russia and Ukraine. In two days, the Bitcoin price fell from $39K to $34K and then rose back to 39K, fluctuating over 20% back and forth. If you hold the Bitcoin spot, you can’t profit from this volatility....
Bitcoin, Ethereum Technical Analysis: Bitcoin Momentarily Rebounds, Following Russian Invasion of Ukraine
25.2.2022
Following Russia’s invasion of Ukraine, volatility in bitcoin and ethereum prices intensified, with both falling to one-month lows on Thursday. Both have since moved away from these lows so far today, in what looks like temporal consolidation. Bitcoin As of writing, cryptocurrency markets...
High-profile athletes are spending huge amounts on NFTs: Here's why
24.2.2022
Worldwide nonfungible token trading was worth around $40 billion in 2021, and it has since attracted some big names in the sports industry
NFT projects thrive even as OpenSea trading volumes take a hit
24.2.2022
Monthly volumes on OpenSea have declined in comparison with January’s record-breaking start, but select NFT collections are still seeing their floor prices soar
Crypto Community Discusses Warfare in Ukraine, Importance of Crypto, and the Future of Bitcoin
24.2.2022
During the course of the early morning trading sessions on Thursday (EST), 24-hour statistics show the crypto economy dropped more than 11% in value against the U.S. dollar. While the leading crypto asset bitcoin shed close to 10%, a myriad of alternative digital assets lost close to 20% in value....
Bitcoin, the Ukraine Crisis and the Central Bankers Dilemma
24.2.2022
James Butterfill is Investment Strategist and Christopher Bendiksen is the Bitcoin Research Lead at major European digital asset investment firm CoinShares.
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Bitcoin (BTC) had an immediate price response to the Ukraine invasion when the news broke early this morning. It has become...
Bitcoin Elliott Wave Theory suggests BTC price can drop to $25.5K this year
24.2.2022
The bearish outlook by the Elliot Wave Theory appeared as Bitcoin tumbled below $35,000
Russia to Restrict Crypto Trading to Licensed Platforms, Certified Wallets
24.2.2022
Sub $30K Bitcoin price sell-off would require panic ‘to a large degree’
24.2.2022
Market analysis suggests that for Bitcoin to start knocking on the door of a sub $30,000 Bitcoin, sellers would “need to panic out to a large degree.”
Solana-Based Defi Margin Trading Protocol Raises $3 Million in Seed Funding
24.2.2022
On Wednesday, the team behind Solana-based decentralized finance (defi) margin protocol Marginfi, announced Mrgn Labs has raised $3 million in seed funding from investors. With the recently acquired funds, Marginfi aims to build the first cross-margining engine on the Solana blockchain. Mrgn Labs...
Geopolitical Risk and Ukraine Worries Shake Equities, Cryptocurrencies — Gold Soars Higher
24.2.2022
On Wednesday, global markets have been volatile as Ukraine officials declared a state of emergency amid fears of a Russian invasion. Wall Street’s top indexes shuddered during the day’s trading sessions, and cryptocurrency markets slipped more than 4% during the 24 hour period. On...
Technical Analysis: LUNA, AVAX Lead Wednesday’s Crypto Rally
23.2.2022
AVAX, and LUNA were some of the biggest gainers in crypto markets on Wednesday, as the recent bearish sentiment has momentarily faded. As of writing, the global crypto market cap was 4.51% higher than at the same point yesterday. Terra (LUNA) AVAX is currently trading over 12% higher...
Trudeau Proved Bitcoin's Value, so Why Is It Trading Sideways?
23.2.2022
Financial censorship in Canada is creating new crypto converts. But BTC's price isn't following - yet
Avalanche price rallies 20% after report reveals $25M inflows into AVAX investment vehicles
23.2.2022
But despite the strong rebound, AVAX remains trapped inside a broader falling range
Bitcoin, Ethereum Technical Analysis: BTC, ETH Climb for Second Consecutive Session
23.2.2022
Bitcoin was higher for a second consecutive session, as the world’s largest cryptocurrency was pushing towards the $40,000 level. Ethereum also rallied, as it moved away from its three-week low. Bitcoin Bearish pressure seems to have eased in BTC, as bulls were firmly present to start...
Crypto Tax Prep Business Booms as Trading Surges and IRS Tightens Screws
23.2.2022
Startups that help Americans calculate their crypto taxes have been raising hundreds of millions of dollars. Even traditional tax-prep firms are rolling out crypto services