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Bitcoin Dives 14%, Ethereum, Altcoins Tumble, Liquidations Near USD 4B
19.5.2021
Bitcoin price failed to keep gains and extended its decline below the USD 40,000 support. BTC broke the USD 38,000 support level and it even spiked towards USD 36,000. It is currently (12:30 PM UTC) recovering above USD 38,000 again, but upsides might be limited above USD 40,000.
Similarly, most...
MATIC says 'no' to crypto bears with new all-time highs, weekly gains near 120%
18.5.2021
MATIC is now the 17th-biggest cryptocurrency by market cap as an exchange listing sees it reject the bearish mood afflicting major tokens
Altcoins pop while Bitcoin looks for support near $50,000
15.5.2021
Bitcoin bulls struggle to push BTC price above $50,000 while ADA, MATIC and other large-cap altcoins realize double-digit gains
Chance of a price crash increases as Cardano (ADA) futures near $1B
14.5.2021
ADA price crashed the last time Cardano futures open interest reached $1B, leading traders to question whether it is about to happen again
Square Declares It Won’t Buy More Bitcoin, Cites Network’s Carbon Footprint
14.5.2021
Square, a fintech and digital payments company, has declared earlier today it doesn’t have plans to purchase more bitcoin in the near future. The company also referred to the carbon footprint of the Bitcoin network and how it is a real issue that needs to be tackled in the future. Square...
Digital Yuan Launch Draws Near: JD.com Employees Paid in e-CNY, Tencent, Ant, Mastercard Engage With PBoC
4.5.2021
China, the world’s most populous country, has jumped leaps and bounds in comparison to a great number of other countries when it comes to the creation of a central bank digital currency. As each day passes, China’s digital yuan is seemingly getting closer to large-scale adoption,...
Bitcoin Fluctuates, Ethereum Near ATH, BNB Rallies
30.4.2021
Bitcoin price failed to climb above the USD 55,000 level. As a result, there were more downsides in BTC below the USD 53,250 support. It tested the USD 52,400 zone and it is currently (04:40 UTC) attempting a recovery above USD 54,000.
Besides, most major altcoins are consolidating in a range....
Fed to Keep Rates Near Zero, Treasury Purchases to Continue, Powell Expects ‘Transitory’ Inflation
29.4.2021
In a policy meeting on Wednesday, the U.S. Federal Reserve told the public that monetary easing will continue and the benchmark interest rate will be kept near zero. Just like previous statements from Federal Open Market Committee (FOMC) members, the committee within the central bank is...
Investment Manager Guggenheim Warns of ‘Major Correction’ in Bitcoin
22.4.2021
Guggenheim CIO Scott Minerd has warned of a “major correction” in bitcoin in the near term. Claiming that bitcoin is “very frothy,” he is forecasting a 50% decline in the price of the cryptocurrency. Scott Minerd’s Latest Warning About Bitcoin The chief investment...
Weekly Decentralized Exchange Volumes Near $20B, Uniswap Captures Lion’s Share, Pancakeswap Trading Climbs
21.4.2021
On Tuesday, the founder of the decentralized exchange (dex) Uniswap tweeted about the trading platform passing $10 billion in weekly trade volume for the first time. Decentralized trading volumes have grown massively, as dex platforms built on Ethereum have seen more than $18 billion in volume...
Will XRP Explode in the Near-Term?
20.4.2021
The previous week or so has been hectic for XRP with its short win against SEC and its value fluctuating constantly. Right now, the crypto is hanging around 0.136 dollars, and there are not many ways to help the crypto recover from it. Many expect the currency to face an upward trend once...
Bitcoin transactions fees in US dollars near all-time high levels
20.4.2021
The latest spike in BTC transaction fees comes amid a major decline in the Bitcoin network hash rate
Bitcoin price drops to near $61K shortly after COIN lists on Nasdaq
14.4.2021
A volatility-filled listing for Coinbase’s COIN stock coincided with a 5% drop in the price of Bitcoin
Bitcoin Shows Positive Signs Near USD 58K, XRP Rallies Above USD 0.70
5.4.2021
Bitcoin price is consolidating below the USD 58,500 resistance level and is currently (12:30 PM UTC) showing a few positive signs. A successful daily close above USD 58,000 could open the doors for a steady increase.
Besides, most major altcoins are showing signs of more possible gains. ETH...
DSLA Protocol Launches v1.0 Mainnet
3.4.2021
PRESS RELEASE. DSLA Protocol has released the first version of its Decentralized Service Level Agreements (SLA) protocol on the Ethereum L1 blockchain. Layer 2 deployments on Harmony and Avalanche are also coming in the near future, following the results of ongoing audits. Created by Stacktical...
The Fed Plans to Unveil Digital Dollar Prototypes in July
28.3.2021
The Federal Reserve is actively working on a central bank digital currency and some prototypes are near completion. The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) plan to unveil two prototypes of a digital dollar as early as July. Digital Dollar Prototypes...
3 reasons why BTC will unlikely trade below $50,000 in the near term
25.3.2021
BTC held the $50,000 support while derivatives indicators remained healthy, signaling investors' optimism
Another Binance Smart Chain Project Turtledex Rug Pulls With Tokens Worth $2.5M Confirmed Stolen
22.3.2021
The team behind Turtledex protocol, a Binance Smart Chain (BSC) project has reportedly rug pulled its investors shortly after raising 9,000 Binance tokens worth $2.5 million. Immediately following the confirmation of the theft, the value of the protocol’s native token TTDX, reportedly plunged...
Fresh wave of interest pushes Cardano near all-time highs
19.3.2021
ADA recently came within a penny of its previous U.S. dollar all-time price high
Bitcoin, Ethereum and Altcoins Trading Near Important Inflection Zone
19.3.2021
Bitcoin price tested the key USD 60,000 resistance zone before correcting lower. BTC broke the USD 58,000 support level and it even spiked below USD 57,000. It is currently (05:30 UTC) consolidating well above USD 57,000 and it could attempt a fresh increase towards USD 60,000.
Similarly, most...