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Technical Analysis: Cosmos Climbs Higher, While Solana’s Fall Continues
24.1.2022
After trading lower for the majority of Monday’s session, cryptocurrency prices were slowly starting to find support, with a few markets rallying, as we headed toward the end of the day. Cosmos One such crypto was cosmos (ATOM), which was the biggest gainer in the top 20, climbing by almost...
Ethereum, Altcoins Tumble Against Bitcoin as BTC Trends Lower
24.1.2022
Bitcoin price failed to recover towards the USD 36,500 level and started a fresh decline below USD 34,000. It is currently (12:00 PM UTC) down over almost 6% and there is a risk of a move towards the USD 32,000 level.
Similarly, most major altcoins declined heavily. ETH is down 10% and there...
Bitcoin’s Price Drop and the Network’s Higher Difficulty Squeezes BTC Mining Profits
23.1.2022
After Bitcoin’s mining difficulty jumped to the highest value ever at 26.64 trillion, the overall hashrate slumped a hair due to the rise in difficulty and lower bitcoin price. This weekend, Bitcoin’s hashrate is coasting along at 189 exahash per second (EH/s), after dropping to a...
Low Volumes Across Crypto Spot Markets and Derivatives Indicate Bearish Conditions
23.1.2022
Digital currency markets have slipped significantly in value during the last two weeks and the lower prices have not sparked higher trade volumes. Data shows cryptocurrency spot market volume has slipped from $1.4 trillion in November 2021, to this month’s $593 billion in volume. Bitcoin...
While BTC’s Price Slid Lower, a Miner Spent an 11-Year-Old Block Reward from 2010 Worth $1.8M
22.1.2022
Following the large string of block rewards from 2010 spent in November 2021, no block rewards from that year were discovered in December and throughout the next month up until January 21. On Friday, an 11-year-old block reward originally mined on November 22, 2010, was transferred for the first...
Bitcoin Price Slips Below $36K, BTC Dominance Increases, Billions Leave Crypto Economy
22.1.2022
The price of bitcoin tapped a new low this year hitting $34K per unit at just after 5 a.m. (EST) on Saturday morning. Bitcoin is now down over 48% lower than its all-time high (ATH) reached two months ago on November 10, 2021 — when it jumped above the $69K mark. During the last week...
Ethereum Fees Drop 35% Since Last Week, Average ETH Gas Fee Still Above $30 per Transfer
19.1.2022
According to statistics, Ethereum network transaction fees have dropped 35% from the transfer fees recorded seven days ago. At the time of writing, the average fee to transact with ethereum is 0.0099 ether or $30.85 to $33.04 per transfer. The cheapest Layer two (L2) method to transfer ether...
South Korean Presidential Candidates Pledge Lower Taxes for Crypto Traders, End to ICO Ban
19.1.2022
The new year is off to a flying start for South Korea’s crypto community – who will likely have plenty to celebrate after March’s presidential elections....
Read More: South Korean Presidential Candidates Pledge Lower Taxes for Crypto Traders, End to ICO Ban
Bitcoin, Ethereum, Monero Hashrates Tap Lifetime Highs — Dash, ETC, LTC Hashpower Lower Than Prior ATHs
17.1.2022
During the first month of 2022, both Bitcoin and Ethereum’s hashrates have climbed to all-time highs (ATHs). While Bitcoin’s hashpower surged to over 200 exahash per second (EH/s), Ethereum’s hashpower jumped to over 1 petahash per second (PH/s). A few mineable digital asset...
Bitcoin and Ethereum Trend Lower, ADA Inches Higher
17.1.2022
Bitcoin price failed to stay above the USD 43,000 level and extended decline. BTC traded below the USD 42,800 support level. It is currently (13:40 UTC) showing bearish signs and there is a risk of a move below USD 42,000.
Similarly, most major altcoins are struggling. ETH declined below...
Bitcoin and Ethereum Trend Lower, ALGO and NEAR Jump
30.12.2021
Bitcoin price failed to start a recovery wave and gained pace below the USD 48,500 support. BTC extended decline below the USD 47,500 support and is currently (04:22 UTC) showing bearish signs near USD 46,800.
Similarly, most major altcoins are moving lower. ETH traded below the USD 3,880...
Working Group Meets to Prepare Regulations for Cryptocurrencies in Russia
24.12.2021
A crypto working group has held its first meeting at Russia’s parliament. Its members have been tasked to put forward legislative proposals designed to comprehensively regulate cryptocurrencies and related matters in the Russian Federation. Working Group Gathers at State Duma to Draft Crypto...
NAGA Integrates the $NGC Token to Bolster Ecosystem Value with Lower Fees and More Benefits
23.12.2021
Social investing platform NAGA is on a mission to help bring crypto mainstream. The platform already offers a diverse range of products designed expressly to create a sustainable economy where each community member can benefit. To build upon its vision, the platform has announced the integration...
Paraguay: Bitcoin & Crypto Mining Bill Passes Senate, Heading to Lower House
20.12.2021
Crypto advocates have secured a remarkable victory in Paraguay, with a piece of crypto mining legislation – a private member’s bill – passing a vote in the Senate with a resounding majority....
Read More: Paraguay: Bitcoin & Crypto Mining Bill Passes Senate, Heading to Lower House
Bitcoin and Ethereum Trend Lower While XRP Gains Pace
20.12.2021
Bitcoin price failed to gain strength above the USD 48,500 resistance level. BTC started a fresh decline and traded below USD 47,500. It is currently (04:24 UTC) showing bearish signs and there is a risk of more downsides below USD 46,500.
Similarly, most major altcoins are moving lower....
Hundreds of Millions Worth of ‘Sleeping Bitcoins’ Woke up After BTC’s Mid-November Price High
19.12.2021
On Sunday, December 19, a dormant address that received 235 bitcoin in 2013 was activated after more than nine years of sitting idle. Bitcoin’s price has dropped lower after reaching its all-time high on November 10, and throughout December, records show a great number of so-called...
Value Locked in Defi Continues to Slide, ETH Defi Dominates by 65%, Solana Transactions Reign
17.12.2021
The total value locked (TVL) in decentralized finance has slid 15.63% since the metric’s all-time high of $275 billion sixteen days ago on December 1. Since the end of the first week of December, the TVL is down 7.19% lower with a number of protocols seeing seven-day losses in terms of TVL....
Bitcoin and Ethereum Move Lower Again, LUNA and MIOTA Outperform
17.12.2021
Bitcoin price recovered above the USD 48,500 resistance level. However, BTC struggled to gain pace for a move above the USD 49,500 level. It is currently (04:30 UTC) trading below USD 47,900 and there is a risk of a move below USD 47,000.
Similarly, most major altcoins are also moving lower....
Market Analyst Says ‘Whole Crypto Sphere Is in a Bear Market’ as Prices Continue to Slide Lower
14.12.2021
The crypto-economy has been sliding in value this week and during the last 24 hours, it has lost 2.5% dropping to $2.3 trillion. The leading crypto asset bitcoin has slid 4.8% during the last seven days and ethereum has dropped 11.7% last week. The downward spiral has cryptocurrency advocates...
90% of Bitcoin’s Supply Cap Has Been Issued, Miners Have 119 Years Left to Mine BTC
13.12.2021
On December 12, crypto advocates celebrated the fact that 90% of the 21 million bitcoins that will ever exist have been mined into circulation. Currently, Bitcoin’s inflation rate per annum is around 1.88%, which is lower than the central banks’ traditional 2% target reference....