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Coinbase Launches High Yield USDC Accounts With 4% APY
30.6.2021
Coinbase, the largest exchange in terms of crypto reserves held, has announced the introduction of a savings program tied to usd coin. The company’s high yield USDC savings program allows customers to gain 4% APY interest on stablecoin accounts. Coinbase Reveals USDC Savings Program With...
Investors Ignore Canada, Japan, UK News as BNB Climbs Higher
28.6.2021
Source: a screenshot, Instagram/binance
Binance coin (BNB) price keeps increasing despite the warnings issued to crypto exchange Binance in two countries in a few days, and the company closing shop in a third country.
The fourth coin by market capitalization, BNB, is up 2.5% in a day, trading...
Bitcoin and Ethereum Spike Higher, Altcoins Start Recovering
23.6.2021
Yesterday, bitcoin price extended its decline below the USD 30,000 support zone. BTC tested the USD 28,800 zone before it started a major increase. It is currently (04:40 UTC) testing the USD 34,000 level.
Similarly, most major altcoins are recovering. ETH dropped towards the USD 1,700 level before...
Bitcoin price edges higher as Fed inflation meeting sends DXY to 2-month high
17.6.2021
The U.S. dollar appeared to benefit from fresh comments by Jerome Powell, while Bitcoin remains frustrated
Fed Expects 2 Rate Hikes in 2023, Stock Market Plunges, Powell Anticipates Higher Inflation
17.6.2021
The Federal Reserve on Wednesday told the public that it has forwarded the time frame for raising interest rates. “Progress on vaccinations will likely continue to reduce the effects of the public health crisis on the economy, but risks to the economic outlook remain,” the Federal Open...
JPMorgan Is Stockpiling Cash – CEO Claims There’s a ‘Very Good Chance Inflation Will Be More Than Transitory’
15.6.2021
Investment bank JPMorgan Chase is stockpiling cash according to the company’s CEO Jamie Dimon. The investment banker doesn’t seem to believe inflation is “transitory” and he thinks there’s a “very good chance” inflation could stick around. JPMorgan Chase...
Bitcoin Consolidates Gains, Ethereum and Altcoins Aim Higher
15.6.2021
Bitcoin price gained bullish momentum above the USD 38,500 resistance level. BTC even cleared USD 40,000 to move further into a positive zone. It is currently (04:30 UTC) consolidating gains and it might resume its upward move above USD 41,000.
Besides, most major altcoins are slowly moving higher....
Bitcoin Shoots Higher, Ethereum and Altcoins Show Positive Signs
14.6.2021
Bitcoin price remained strong above the USD 35,000 support zone. BTC started a fresh increase and it broke the USD 38,500 resistance zone, following positive statements by Tesla's Elon Musk. It is currently (04:35 UTC) trading above USD 39,000 and the overall price action seems to...
Bitcoin traders eye ‘crucial’ $38K level as BTC price action consolidates higher
11.6.2021
Sustained higher levels mean a retreat to $30,000 is looking less and less essential to preserve the bull market
Stakes Get Higher As El Salvador Offered Volcanic BTC Leverage In Talks With IMF
11.6.2021
There's another unusual idea developing in the Cryptoverse which may bring another seismic shift (pun intended) - and it involves geothermal energy, Bitcoin (BTC) mining, paying of the debt to the International Monetary Fund (IMF), and raising an additional USD 1bn in some innovative ways....
Bitcoin, Ethereum and Altcoins Shoot Higher
9.6.2021
Bitcoin price formed a base above the USD 31,000 and USD 32,000 levels. BTC started a decent recovery wave above the USD 33,500 resistance. It is currently (12:14 PM UTC) trading above USD 34,000 and might attempt an upside break above USD 35,000.
Similarly, most major altcoins are recovering...
Deutsche Bank Warns: Ignoring Rising US Inflation Akin to ‘Sitting on a Time Bomb’
8.6.2021
Deutsche Bank published a report Monday noting that the United States is facing “the very real specter of consumer-driven inflation.” The bank’s chief economist David Folkerts-Landau and others notably highlight the Federal Reserve’s monetary easing policy and recent...
Alternative Mining Algorithms Reap Higher Profits Than Bitcoin Mining in 2021
4.6.2021
Cryptocurrencies have jumped quite a bit in value over the course of the year and miners who verify transactions and earn digital assets have seen significant profits. While bitcoin miners have been seeing daily profits rise, a great number of other mineable digital currencies are pulling in much...
Filipinos Can Now Cash in Crypto Without Fees Through Moneybees OTC Outlets
4.6.2021
PRESS RELEASE. With cryptocurrency adoption increasing in the Philippines, Filipino users are looking for ways to convert their digital assets into cash at an affordable rate. The Central Bank of the Philippines has recorded P76 billion (US$ 1.5B) worth of transactions processed by local virtual...
Cheap Power Is Creating a Bitcoin Mining Boom in Argentina
2.6.2021
Argentina, the ailing South American country, is experiencing a cryptocurrency mining resurgence due to artificially low power rates maintained by subsidies from the national government. This fact, alongside exchange controls and the possibility of selling obtained assets at a higher exchange rate...
Bitcoin and Ethereum Move Higher, XRP Returns Above USD 1
31.5.2021
Bitcoin price remained stable above the USD 34,000 support zone. As a result, BTC started a steady recovery above the USD 35,500 resistance. It even surpassed the USD 36,500 level and it is currently (12:20 PM UTC) showing signs of a possible move towards the USD 38,500 resistance.
Besides, most...
Bitcoin and Ethereum Inch Higher, MATIC Reclaims USD 2
26.5.2021
Bitcoin price remained well supported above the USD 36,500 and USD 37,000 levels. BTC started a fresh increase above the USD 38,000 resistance. It is currently (04:30 UTC) approaching the USD 40,000 resistance, above which the bulls might gain strength.
Similarly, most major altcoins are showing...
South Korea’s ‘Kimchi Premium’ Returns, BTC Prices Up 8% Higher Than Global Average
24.5.2021
As cryptocurrency regulation heats up worldwide, South Korean officials have been increasing regulatory discussions concerning the swelling crypto economy. While digital currency markets like bitcoin have tumbled in value in recent times, global crypto market prices have increased across the board...
Bitcoin and Ethereum Recovery Faces Hurdles, Altcoins Inch Higher
20.5.2021
Bitcoin price nosedived in the past few sessions and it declined below the USD 35,000 support. BTC even tested the USD 30,000 zone and it is currently (04:30 UTC) correcting higher. It is back above USD 39,000, but the bulls might face hurdles near USD 40,000.
Similarly, most major altcoins...
Bitcoin and Ethereum Inch Higher, XRP and MATIC Surge
18.5.2021
Bitcoin price remained stable above the main USD 42,000 support zone. BTC is currently (04:30 UTC) recovering and trading above USD 45,000. To continue higher, a decent close above USD 45,500 is a must in the short-term.
Similarly, most major altcoins are slowly moving higher. ETH is stable above...