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Bitcoin Investments Hit 3-Month High, Solana Outpaces Ethereum + More News
28.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Bitcoin Investments Hit 3-Month High, Solana Outpaces Ethereum + More News
Report: Digital AUM Surged to $48.7 Billion in March, Average Weekly Flows Turn Negative
28.3.2022
The total aggregate digital assets under management (AUM) surged to $48.7 billion in March, up from the $43.9 billion that was recorded in January, the latest data from Crypto Compare has shown. In contrast, the average daily trading volumes fell by 29.6% to $259 million during this period. BTC...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Close to 3-Month High to Start the Week
28.3.2022
Bitcoin and ETH rallied on Sunday evening, as prices approached their highest level in almost three months. BTC climbed above $47,000, while ETH moved past the $3,300 point to start the week. Bitcoin Bitcoin started the week in strong fashion, with prices rising past $47,000 for the first time...
Bitcoin and Ethereum Keep Moving Higher, SOL and DOT Accelerate
28.3.2022
Bitcoin price gained pace above the USD 46,500 resistance zone and traded above the USD 47,000 level. It is currently (12:02 PM UTC) showing positive signs near USD 47,200 and might aim for more gains.
Similarly, most major altcoins are rising steadily. ETH settled above USD 3,300 and might...
Ethereum risks 'double-bust' drop despite ETH price rebounding 30% in two weeks
28.3.2022
Ether now retests a critical resistance range for a potential pullback towards $1,800
US Senators Working on Broad-Based Crypto Regulation
28.3.2022
Two U.S. senators are working on a bipartisan, broad-based regulatory framework for cryptocurrency. “The work we’re doing is going to be a very complex and intensive review of the different aspects of this industry,” said one of the senators. US Senators to Introduce...
Global Crypto Economy Holds Above the $2 Trillion Zone for 5 Consecutive Days
28.3.2022
The crypto economy has managed to remain above the $2 trillion mark during the last five days since March 22. Currently, the global cryptocurrency market capitalization is 1.3% higher during the last 24 hours, as the valuation stands at $2.1 trillion today. Furthermore, the price of bitcoin jumped...
NFT Sales Slid Lower This Week, Cronos NFT Volume Jumps 236% Higher, Azuki Collection Rises
27.3.2022
Last week, non-fungible token sales saw an improvement after tumbling week after week in terms of sales volume. This week, NFT sales are down 2.15% from last week’s $544.6 million to this week’s $539.2 million. The top NFT collection in terms of weekly sales was the Azuki compilation...
Second Largest Israeli Bank Leumi Launching Cryptocurrency Trading
27.3.2022
Israel’s second-largest bank, Leumi, is launching a cryptocurrency trading service to allow customers of its digital investment platform to trade cryptocurrencies. “The service will allow Pepper Invest customers to buy, hold, and sell cryptocurrencies.” Major Israeli Bank...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Begin Weekend Close to Key Resistance Levels
26.3.2022
Bitcoin and ethereum began the weekend trading close to key resistance levels, as crypto markets continued to sustain recent gains. Overall, the global cryptocurrency market cap was marginally higher on Saturday, as traders prepared for this weekend’s session. Bitcoin BTC is currently...
Price analysis 3/25: BTC, ETH, BNB, XRP, ADA, LUNA, SOL, AVAX, DOT, DOGE
25.3.2022
BTC and most major altcoins could witness a minor dip to retest lower support levels, but the overall trajectory appears to now favor bulls
Ethereum price hits $3.2K as anticipation builds ahead of the ‘Merge’
25.3.2022
ETH price made a clear trend change and aims for the $3,800 level after traders’ anticipation of the upcoming Merge lures the bulls back to the market
WonderFi Acquires Canadian Exchange BitBuy, Aims to Become Largest BTC/CAD Market
25.3.2022
A planned acquisition of the Canadian crypto exchange Bitbuy by the publicly-traded software company WonderFi was closed on Thursday, after the deal was delayed for months due to “major hurdles” by regulators.
Following the completion of the acquisition, the merged company will get “a leading...
Crypto Market Sentiment Improves on Bullish News as Bitcoin Flirts with USD 45K
25.3.2022
Prices of nearly all major cryptoassets traded higher today, as sentiment among market participants improved following a Russian idea (a very preliminary one) of accepting bitcoin (BTC) for oil & gas, news that an oil giant is mining BTC, and speculations that a bitcoin spot-based...
EU Institutions to Continue MiCA Discussions Without Bitcoin Mining Ban Proposal
25.3.2022
As the European Parliament continues its work on the crypto-focused MiCA regulation, Stefan Berger, a German member in charge of shepherding the legislation, has announced that his mandate to lead inter-institutional talks on MiCA was not scrapped -- thus advancing the regulation towards...
Ethereum Staking Sees Accelerating Growth Ahead of Merge
25.3.2022
Staking of Ethereum’s native ETH tokens is accelerating ahead of ‘the Merge,’ with more than 9% of the entire supply of ETH now locked in staking protocols. Meanwhile, exchanges are being depleted of their ETH supply, as more investors are taking their tokens into their own custody and staking...
Israeli Bank Leumi Enables Bitcoin, Ethereum Trading
25.3.2022
In a bid to attract Israeli crypto investors, Bank Leumi has announced that it will enable its customers to trade cryptoassets. Trading services will be carried out through the bank’s online trading platform Pepper Invest.
Pepper Invest is offering its crypto trading services in partnership...
NFT Minting is Increasingly Competitive, But One in Three NFTs End Up Dead - Nansen
25.3.2022
The minting of non-fungible tokens (NFTs) is becoming increasingly competitive, with more new projects created and the cost to mint new NFTs being cut. However, a number of NFTs minted still end up as part of a “dead collection” with no trading activity -- though, notably, the proportion of such...
Coinbase Now Allows Cardano Staking Services, Firm ‘Plans to Continue to Scale Staking Portfolio’
24.3.2022
On March 23, the cryptocurrency exchange Coinbase announced the platform will now allow cardano staking services. The company’s senior product manager Rupmalini Sahu mentioned that cardano is one of the top ten crypto assets by market cap and its proof-of-stake (PoS) blockchain “seeks...
Bitcoin, Ethereum Technical Analysis: ETH Recaptures Fresh 1-Month High
24.3.2022
Ethereum rebounded during Thursday’s session to recapture the $3,000 level, climbing to a fresh one-month high in the process. This comes as BTC rose back above $43,000, hitting a 20-day high as a result. Bitcoin On Thursday, BTC rose to its highest level since March 3, as prices of...