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Bitcoin ‘bear market rally continues’ after BTC price jumps to $23.4K
28.7.2022
The Fed rate hike and comments from Jerome Powell serve to buoy risk assets, with one analyst arguing that the worst of the bank's "hawkish" phase has already passed
Vitalik Buterin says The Merge is Not 'Priced in' as Investor Promises to Fork Ethereum
28.7.2022
Ethereum (ETH) co-founder Vitalik Buterin argued that The Merge is not "priced in," not only in market terms, but also in psychological narrative terms. Meanwhile, a well-known investor has voiced his plans to fork Ethereum.
Commenting on the morale around Ethereum developers during this year's...
European Banking Authority Concerned About Hiring Talent to Oversee Crypto Space
28.7.2022
Europe’s banking sector regulator is worried it won’t manage to find the specialized personnel needed for the oversight of the EU’s attempt to regulate the crypto market. The authority is also concerned over the lack of clarity regarding which digital assets it’s...
Bitcoin Tests USD 23,000, Ethereum and Altcoins Rally
28.7.2022
Bitcoin price formed a support base above the USD 21,000 level. BTC started a steady increase and was able to clear the USD 22,000 resistance zone after the US Federal Reserve’s rate hike decision and following comments. BTC is currently (03:55 UTC) up almost 10% in a day and trading above the...
Ethereum Classic Climbs 124% in 2 Weeks, Hashrate Spikes, KRW Captures 20% of ETC’s Trade Volume
28.7.2022
Roughly six years ago in July 2016, an Ethereum hard fork was used to address the infamous DAO hack. This specific fork saw the chain split into two factions, and a new crypto asset called ethereum classic was introduced to the crypto community. For years now both chains have co-existed using...
Market Wrap: Crypto Markets Trade Higher as Fed Raises Rates by Expected Amount
27.7.2022
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Cuban NFT artists say they face censorship within the crypto market
27.7.2022
“Blockchain is decentralised and doesn’t obey any governments, so no embargo affects us there”, NFT artist Gabriel Bianchini explained
Biggest Movers: ETC Nears 10-Week High, as TRX Extends Recent Gains
27.7.2022
Ethereum classic was approaching a ten-week high on Wednesday, as prices rose by over 14% in today’s session. These gains came as prices rose for a second consecutive day, with tron also extending recent gains during hump day. Overall, the crypto market cap is 1.51% higher as of writing....
Biggie Smalls NFT Collection Sells Out in 10 Minutes, Owners Get Licensing Rights to Unreleased Freestyle
27.7.2022
On Tuesday, the Christopher Wallace Estate, managers of the Notorious B.I.G.’s music, fashion, film, and unreleased archives, dropped a collection of 3,000 non-fungible tokens (NFTs) that sold out in ten minutes. The digital collectibles were dropped via the NFT platform Oneof, and owners...
BNB to Grow Modestly This Year, Might Tripple by 2025 - Analyst Panel
27.7.2022
BNB, the native token of the Binance exchange, is forecast to end the year priced at USD 274, potentially hitting USD 781 by 2025, and USD 1,814 by the end of 2030, according to a recent survey by personal finance comparison site Finder.com.
At 14:19 UTC, BNB, ranked 5th by market capitalization...
Russia Gears Up to Regulate NFTs Through Legislative Amendments
27.7.2022
Authorities in Russia are preparing a number of changes to existing laws in order to adopt rules for the country’s market for non-fungible tokens, or NFTs. A working group has discussed the matter and proposed solutions to legally define and regulate transactions with the digital...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher Ahead of Today’s Interest Rate Decision
27.7.2022
Bitcoin was trading marginally higher on Wednesday, as traders were preparing for today’s interest rate decision. The Federal Reserve is expected to hike rates by 75 basis points for the second month running, as inflation in the United States continues to rise to multi-decade highs. Ethereum...
Bitcoin and Ethereum Inch Higher, MATIC Jumps
27.7.2022
Bitcoin price started an upside correction above the USD 21,000 level and is currently (11:51 UTC) trading near USD 21,300 and is up 1% in a day and down 9% in a week.
Similarly, most major altcoins are facing key hurdles. ETH recovered above USD 1,450 but faces resistance near USD 1,500. XRP...
Crypto ATM market value to hit $472 million by 2027 per new data
27.7.2022
Market research forecasts the global cryptocurrency ATM market to be worth $472 million by 2027, driven by growth in developing markets and growing adoption
Bitcoin and Ethereum Fluctuate, ETC and XMR Outperform
27.7.2022
Bitcoin price extended losses below the USD 21,000 level but managed to stay above USD 20,500 and recovered above USD 21,000 again. It is currently (03:50 UTC) trading near USD 21,070 and is almost unchanged in a day and down 10% in a week.
Similarly, most major altcoins are struggling to recover...
Bitcoin price falls under $21K, bringing more capitulation or just consolidation?
26.7.2022
Multiple indicators and on-chain metrics reflect confluence pointing to an improving market, but technical analysis still raises the possibility of Bitcoin dropping to new yearly lows
Market Wrap: Bitcoin Declines Further as Momentum Wanes
26.7.2022
BTC is approaching support at about $20.5K; options markets implies concerns of additional declines in price
Bitcoin & Ethereum Funding Rates Signal Continued Bullishness Despite Recent Selloff
26.7.2022
Funding rates in the market for bitcoin (BTC) and ethereum (ETH) perpetual futures contracts reveal that most crypto derivatives traders continue to lean bullish, despite falling spot prices over the past 24 hours.
Judging from data by Coinglass, funding rates on the BTC/USDT perpetual contract...
Biggest Movers: SOL Slips to 12-Day Low, as NEAR Drops by Nearly 12% on Tuesday
26.7.2022
Solana fell for a second consecutive session on Tuesday, pushing the token to its lowest level in twelve days. The move comes as sentiment in crypto markets turned bearish ahead of tomorrow’s FOMC meeting. Near protocol was also lower, dropping by as much as 12% today. Solana (SOL) Solana...
Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,400 Support, BTC Hits $21,000 Prior to Federal Reserve Meeting
26.7.2022
Ethereum fell below its recent floor of $1,500 earlier in today’s session, as bearish pressure intensified in crypto markets. Uncertainty in the market has heightened today, as traders prepare for yet another rate hike from the Fed. Bitcoin was also lower for a second consecutive day,...