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Bitcoin Back Above USD 20K, Ethereum Recovers, MATIC Surges


After bitcoin price extended losses and traded below the USD 19,200 level yesterday, BTC remained supported near the USD 19,000 zone and managed to get back above USD 20,000. It is currently (04:17 UTC) trading near USD 20,200 and is up almost 4% in a day and still down less than 2% in a week....

AMP Reaches to Year Lows; Can It Bounce Back to All-Time Highs?


AMP token was suddenly a thunderous response after the first few months of mummed momentum since its release in September 2020. The spike in the first half of 2021 was legendary but now obvious as it was a good few months for the entire crypto markets. Unlike the major cryptocurrencies, AMP could...

Shiba Inu Fails to Retrace Back; Will SHIB Price Recover?


Shiba Inu has entered a consolidative price trend with an upper level near $0.00001216 and a lower level at $0.00000947. This small trading range can potentially project the future price action for Shiba Inu in the coming days. The SHIB’s fall has shaken investors who are now biting their nails...

Russia’s Finance Ministry Supports Circulation of Stablecoins in Country


The Russian Ministry of Finance is ready to back the legalization of transactions with stablecoins in Russia, according to a high-ranking representative. While the ministry recognizes that cryptocurrencies could lay the ground for a new financial system, the department is unsure if it will...

Can Fantom (FTM) Retrace Back to Its Peak Values?


After raising millions through various ICO rounds in 2018, Fantom’s main net went live by the end of 2019. Unlike most cryptocurrencies, FTM does not use a blockchain but relies on a DAG, and it is secured by a novel Proof of Stake consensus mechanism called Lachesis. This protocol enables FTM...

Bank of America’s Active Crypto Users Drop More Than 50% in Bear Market


Bank of America has revealed that the number of its customers who are active crypto users has declined more than 50% from its peak in November last year. In addition, the bank said its data “shows that outflows to crypto platforms have fallen sharply,” indicating that...

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