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IRS Updates Crypto-Related Instructions for 2022 Tax Filing
25.10.2022
The Internal Revenue Service (IRS) has updated the crypto section in the 2022 draft instructions for tax form 1040. “For example, digital assets include non-fungible tokens (NFTs) and virtual currencies, such as cryptocurrencies and stablecoins,” the tax agency detailed. New...
Biggest Movers: ADA Nears 1-Week Peak, as MATIC Moves to Highest Point Since September
24.10.2022
Cardano closed in on a one-week high to start the week, as the token climbed for a fourth straight session. Polygon was also in the green, and collided with a key resistance level in the process. Overall, the global crypto market cap is currently 1.30% higher as of writing this analysis. Cardano...
Bitcoin, Ethereum Technical Analysis: Ethereum Back Above $1,300 to Start the Week
24.10.2022
Ethereum remained close to a three week high on Monday, as prices rallied following a turbulent weekend. Bullish sentiment appears to have somewhat returned to crypto markets to start the week, with the market cap trading 1.56% high as of writing. Bitcoin was also in the green in today’s...
Biggest Movers: QNT Extends Recent Gains, Climbing by 10% on Saturday
22.10.2022
Quant moved higher for a second straight session on Saturday, as prices rose by as much as 10%. The move sees the token break out of a key resistance level, with many now expecting a move towards $200. Xrp was also higher, extending recent gains in the process. Quant (QNT) Quant (QNT) was up...
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,300 to Start the Weekend
22.10.2022
Ethereum was once again trading above $1,300, as cryptocurrency prices rose to start the weekend. Markets were back in the green on Saturday following a volatile week, which came as the U.S. dollar continued to strengthen. Bitcoin also surged higher, moving back above $19,000. Bitcoin Bitcoin (BTC)...
Biggest Movers: QNT Rebounds on Friday, UNI Extends Recent Decline
21.10.2022
Quant ended a streak of three consecutive declines on Friday, as prices rebounded following recent losses. The move saw the token bounce towards its recent resistance level of $180.00. Uniswap, on the other hand, remained in the red, falling below a key support point in the process. Quant (QNT)...
Bitcoin, Ethereum Technical Analysis: Strong Dollar Pushes BTC Below $19,000
21.10.2022
Bitcoin was once again trading under $19,000, as the U.S. dollar moved to a one-week higher versus several G7 currencies. Friday’s move saw the token fall to a key support point in the process. Ethereum was also in the red in today’s session, as prices fell for a fourth straight day....
Rarible 2 Introduces Major Updates to the Popular NFT Marketplace
20.10.2022
The platform will now function as an aggregated NFT marketplace and establishes the RARI Foundation and new $RARI governance token rewards
Biggest Movers: DOGE, XRP Rebound Following Recent Declines
20.10.2022
Following two days of declines, dogecoin rebounded earlier in today’s session, moving away from a key level of support. The meme coin, which has been hovering close to a one-month low, surged, as bulls seemingly bought the dip. The token formerly known as ripple (xrp) was also higher....
Bitcoin, Ethereum Technical Analysis: BTC Back Above $19,000 as Volatility in Crypto Markets Intensifies
20.10.2022
Bitcoin snapped a two-day losing streak on Thursday, as prices of the cryptocurrency rebounded at a key point of support. The current price uncertainty in markets comes as global inflation continues to hover close to historical highs. Ethereum was also back in the green in today’s session....
Latest updates about BudBlockz (BLUNT), Stellar & Polkadot
20.10.2022
The cryptocurrency market has reached some of its lowest points so far, often referred to as the crypto winter. However, one benefit of the crypto winter is that investors may buy cryptocurrencies with the potential for explosive returns at a discount. Below, you’ll find the latest updates about...
Biggest Movers: XMR Moves to 10-Day High, AAVE Remains Near 5-Week Peak
19.10.2022
Monero raced to its highest point in ten days, as the token moved past a key resistance level on Wednesday. Today’s move sees the token rise higher for a fourth consecutive day, following a rebound from its long-term floor. Aave was also in the green, as it remained close to a five-week...
Bitcoin, Ethereum Technical Analysis: ETH Lower, as USD Gains Following Strong Q3 Earnings
19.10.2022
Ethereum was back below the $1,300 level on Wednesday, as the U.S. dollar rose following better than expected quarterly earnings. So far this earnings season, Netflix, Bank of America, and others have outperformed expectations, highlighting what some view as the resilience of the U.S. economy...
Biggest Movers: MATIC Climbs to 5-Week High, ATOM Extends Recent Gains
18.10.2022
Polygon was one of Tuesday’s notable gainers, as the token rose to its highest point since mid-September. Today’s surge saw prices of the cryptocurrency rise for a third straight session. Cosmos also extended recent gains, climbing to its strongest point in recent days. Polygon...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Past Key Resistance Levels on Tuesday
18.10.2022
Bitcoin was trading at its highest level in the past five days on Tuesday, as prices rose past a key resistance point. Ethereum also rallied to a similar milestone earlier in today’s session, as cryptocurrency markets continue to move away from recent bearish sentiment. As of writing,...
Biggest Movers: QNT Climbs to Highest Point Since Last December
17.10.2022
Quant was one of the big movers in crypto markets to start the week, as the token rose beyond $200, hitting its highest point since last December. The move means that the token has now risen by nearly 40% in the last seven days. Monero was another notable gainer, rising for a second straight day....
Bitcoin, Ethereum Technical Analysis: BTC Back Above $19,000 to Start the Week
17.10.2022
Bitcoin started the week trading above $19,000, as bulls made a sluggish return to the token, following recent sell-offs. Ethereum also rallied on Monday, after a brief stint trading below $1,300. Overall, the global crypto market is down 1.19% as of writing. Bitcoin Bitcoin (BTC) was trading...
Biggest Movers: QNT Hits 10-Month High on Saturday
15.10.2022
Quant rose to its highest point since the start of the year on Saturday, as prices climbed for a third straight session. In addition to this, tron was also higher, as the token attempted to break out of a key resistance point. Overall, cryptocurrency markets were down 1.95% as of writing. Quant...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Lower on Saturday, as Bears Reenter the Market
15.10.2022
Bearish sentiment returned to cryptocurrency markets on Saturday, as bitcoin was once again in the red. The world’s largest token moved lower to start the weekend, following yesterday’s surge towards $20,000. Ethereum was also down today, falling below $1,300 in the process. Bitcoin...
Biggest Movers: XRP, ATOM Rebound From Recent Declines
14.10.2022
Xrp rebounded from recent drops in price on Friday, as the token surged by nearly 10% in today’s session. Cosmos was another notable gainer, as it snapped a four-day losing streak. Overall, cryptocurrency markets were mostly higher, with the global market cap up nearly 5% as of writing....