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Bitcoin and crypto brace for further upside as equities look to extend their recent gains
17.7.2023
A variety of macro factors propelled the recent rally across several asset classes, but analysts are at odds regarding the sustainability of the current bullish trend
Bitcoin, Ethereum Technical Analysis: BTC, ETH Continue to Consolidate, Following Recent Gains
17.7.2023
Bitcoin started the week trading around the $30,000 mark, as the cryptocurrency market continued to consolidate following last week’s gains. The global market was down 1.19% at the time of writing, as sentiment remains uncertain following a weekend of profit taking. Ethereum was also down...
Ripple case: SEC appeal unlikely as it gains from 'current confusion' — Haun Ventures CEO
17.7.2023
An immediate appeal could only jeopardize the SEC’s “entire enforcement agenda,” said Katie Haun of Haun Ventures
Bitcoin price support at $30K opens the door for gains from UNI, ARB, AAVE and MKR
16.7.2023
BTC price is back in its range, potentially given opportunities for UNI, ARB, AAVE and MKR to move higher
Biggest Movers: SHIB up 7% on Saturday, as DOGE Moves to 2-Month Peak
15.7.2023
Shiba inu was one of Saturday’s biggest movers, as the meme coin rose by as much as 7% to start the weekend. The global crypto market cap was mostly lower, falling by over 2% as traders began to secure recent gains. Despite this, dogecoin also rose, hitting a two-month high in today’s session....
Bitcoin, Ethereum Technical Analysis: Bitcoin Retreats From 14-Month High, as Profit Takers Swoop In
15.7.2023
Bitcoin plunged from a recent fourteen-month high to start the weekend, as traders appeared to have begun securing yesterday’s gains. The decline saw the price fall below $30,000, days after almost moving above $32,000. Ethereum also slipped, however remained above $1,900. Bitcoin Bitcoin...
XRP’s Rise Causes Ripple of Gains in Crypto Economy
14.7.2023
Since July 12, 2023, the cryptocurrency market has expanded by a staggering $60 billion within a mere 48 hours. The majority of this growth transpired after the decisive Ripple Labs case verdict, resulting in bitcoin’s dominance dipping from 50% to its present level of 48.6%. Ripple Labs...
Decentralized Wireless Network Operator World Mobile Gains Licensed Spectrum for US Coverage
14.7.2023
Decentralized wireless network operator World Mobile has secured licensed spectrum in four US states.
In a Thursday press release, the company said the licensed spectrum, obtained in states including California, New Mexico, Nevada, and Utah, provides a strong foundation for its expansion plans...
First Mover Americas: XRP Gains 66% on Ripple’s Partial Court Victory
14.7.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for July 14, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin, Ethereum Technical Analysis: Bitcoin Consolidates Below $31,000, as Traders Digest Recent Economic Data
13.7.2023
Bitcoin retreated from recent gains on Thursday, as traders were unable to sustain a breakout of a key resistance level. Market volatility has risen following yesterday’s U.S. inflation report, which dropped to a two-year low. Ethereum was marginally lower, slipping below $1,900. Bitcoin...
Litecoin, Bitcoin Cash, BSV hash rate rising, DigiToads attracts tremendous demand
11.7.2023
A rise in hash rate, which is the computational power dedicated to mining and validating transactions on the network, is a positive indicator as it represents the increasing security and health of blockchains. Litecoin, Bitcoin Cash, and Bitcoin SV have been experiencing a rise in their hash rates...
Crypto Market Remains in ‘Bitcoin Season’ as ‘Altcoin Season’ Drought Hits Record Two-Year Mark
11.7.2023
According to data, the cryptocurrency ecosystem has endured its longest stretch without an altcoin season. So far, it has been more than two years without an altcoin season, and there have been no signals indicating one might emerge. Altcoin Season Eludes Cryptocurrency Market for 2 Years Recently...
Biggest Movers: BNB Rebounds on Monday as SOL Slips Following Recent Gains
10.7.2023
Binance coin was one of Monday’s biggest gainers, as the token rebounded following a move close to a key support point on Sunday. The move pushed the price near a one-week high, and came as the global crypto market cap fell 0.07% lower as of writing. Solana also dropped, following a recent...
Biggest Movers: SOL Surges to 2-Month High on Saturday, Extending Recent Bull Run
8.7.2023
Solana extended recent gains on Saturday, as the token rose for a third straight session to start the weekend. Today’s move came following a breakout of a key price level, despite the global crypto market cap consolidating. Avalanche also rallied, climbing by as much as 10%. Solana (SOL) Solana...
Storj, Filecoin and Solana Lead First Week of July Crypto Market Gains
7.7.2023
STORJ, the native token of the crypto-backed, cloud storage platform, rose 15% on the week, far outdistancing bitcoin and ether, among other digital assets
Bitcoin forks BCH, BSC and XEC soared last month, but are the gains organic and sustainable?
6.7.2023
Bitcoin forks, BCH, BSC, XEC rallied over the last 30 days while KAS and FLEX led among altcoin gainers in June, but data questions the sustainability of their rallies
Twitter Gains Money Transmitter Licenses in Three States, Takes Steps Towards Becoming an All-in-One ‘Everything App’
6.7.2023
Twitter made an announcement on July 5, revealing that it has been granted money transmitter licenses by three states: Missouri, Michigan, and New Hampshire. These licenses are a part of Twitter’s endeavor to secure money transmitter licenses in all 50 U.S. states. With these recent...
Maximizing gains: How to profit from leveraged tokens?
6.7.2023
A leveraged token, a financial derivative instrument like leveraged trading, is very popular in the financial market. Leveraged tokens are similar to the traditional leveraged products that form their price systems based on the underlying asset’s prices multiplied by a ratio (say, two or three...
Shiba Inu Price Prediction as SHIB Gains 5% in 7 Days – Is a New Bull Market Starting?
6.7.2023
In the past seven days, Shiba Inu (SHIB) has experienced a gain of 5%, bringing its price to 0.00000781.
However, the cryptocurrency quickly reversed its upward movement and began testing the double bottom support at $0.00000740.
Notably, this support level coincides with an upward trendline...
Israeli Lawmakers Support Axing Crypto Capital Gains Tax for Foreigners
5.7.2023
A bill exempting foreign residents from capital gains taxes on crypto sales, and lowering tax on stock-options-like crypto options for employees has passed a preliminary reading in the Knesset