Ethereum (ETH) Ethereum started Wednesday with heavy fluctuations falling to $1,212 before the crypto began to rally. At $1,212, ETH avoided falling below the first key support level. A major or key support level is a price level at which there is a concentration of demand for an asset and acts as a floor. That […]
BTC and ETH joined the broad market slump on Friday. United States economic indicators underperformed predictions, sending risk assets further down. Cryptocurrency market conditions flashed bearishness early today. 2022’s last day opens with a bearish stance. Bitcoin and other cryptos, such as ETH, saw continued struggles as market headwinds deteriorated investor mood. Bulls should heighten […]
The cryptocurrency market displayed bullishness today. The improved sentiment emerged after the better-than-anticipated United States inflation report. Meanwhile, leading crypto assets contributed to upsides, pushing the global cryptocurrency market capitalization +2.58% higher to $870.28 billion. Also, the overall cryptocurrency market volume increased by 56.97% over the last 24hrs to $52.70 billion. BTC gained 3.44% to […]
The President of Els Salvador has pledged to start buying at least 1 BTC daily. This news emerged months after El Salvador is said to have completed its final BTC acquisition, 80 BTC at quite a cost of $19k each, in July this year. Previous Buy History of El Salvador As per information from Buy BTC […]
In recent news, MoneyGram has incorporated digital assets exchange for its US subscribers. In this update, the financial institution temporarily supported digital assets like BTC, ETH, and LTC. The firm has also stated goals to accept multiple cryptocurrencies and extend the operation to more regions in the long term. Updates on MoneyGram’s Latest Service Addition […]
Last week, there was a more than 10% rise in the price of Bitcoin. Particularly in the previous three days, its volatility has significantly diminished. The biggest cryptocurrencies’ futures are being questioned. Questions include whether the urge to sell will return or whether it will recover upward momentum. Here are a few thoughts based on […]
As crypto’s last bear market drew close, 1kx held an invite-only crypto summit. It was part of Berlin Blockchain Week 2019. 1kx is a crypto fund backed by Matter Labs, Gnosis and Qredo. Lasse Clausen, a founding partner of 1kx, invited most of the venture investors he knew. The invitation was to inform them about […]
Thomas Moser, a Swiss National Bank board member, has voiced his concern. CBDC offers the most significant stability potential and provides the fewest dangers to DeFi’s growth, he says (SNB). Moser told Cointelegraph; stablecoins are sectors such as DeFi that need a stable currency to grow. The Push Toward Digital Asset Centralization In contrast to […]
The cryptocurrency industry seems to be thriving. This occurs while many fiat currencies throughout the world are losing value. Ethereum (ETH) and Bitcoin (BTC) are two examples of digital assets attracting investors’ attention. Bitcoin Has Attracted a Large Number of Investors The cryptocurrency market intelligence platform Messari released some new statistics on September 29. According […]
There has been a significant price reduction across the board in the cryptocurrency market as a whole. However, investors have continued selling off some of their bitcoin holdings. The fervor among BTC holders might connect to the widespread belief that the value of specific cryptocurrencies would soon increase. Despite The Drop-in Bitcoin Activity, There Is […]
On September 20, 2022, Nasdaq, a large financial services provider, stated that it would establish a new cryptocurrency-centric business unit. Nasdaq Digital Assets aims to streamline the process for institutional investors. The new initiative will encourage large financial institutions to engage in the rapidly expanding cryptocurrency markets. Nasdaq Rivals Anchorage Digital and Coinbase Nasdaq Inc. […]
During a meeting with lawmakers on September 19, Njoroge referred to the suggestion as “crazy”. Njoroge cited the volatility of Bitcoin as a reason why converting the reserves into digital currency would be dangerous. In addition, he brought up the possibility that cryptocurrencies’ benefactors will pressure politicians. According to him, that pressure will guide the […]
Recently, the United States Treasury yields have increased at an alarming rate. Meanwhile, an analyst has stated that this could spark a debt crisis in America. Stock And Crypto Economy Crumbles As Traders Await The Fed’s Next Decision This week, the major price indexes on Wall Street were in the red region. Also, cryptos and […]
Michael Saylor, CEO of MicroStrategy, has been an outspoken supporter of Bitcoin (BTC) since its inception. At the Australia Crypto Convention, he reaffirmed his position in favor of BTC. He further highlights the difficulties inherent in transferring the value of gold, equities, and real estate. Digital Money Has Fewer Risks Than Traditional Investments Saylor says […]
BTC has witnessed a tremendous rise in the past 24 hours as the flagship currency’s price adds over $1500. Other benefits accompanied the price increase, such as high profitability for Bitcoin investors. Over 50% Of BTC Investors Are In Profit – IntoTheBlock As per IntoTheBlock data, more than half of BTC investors are recording profit […]
Polygon bulls have remained in the driver’s seat for approximately two months as they ensured the token’s spot above the 20-50 Exponential Moving Average. Meanwhile, this recovery established a crucial bullish cross on the 20 Exponential Moving Average and the 50 Exponential Moving Average. Breaching the 4-month trend-line support gave MATIC bulls enough strength to […]
Bitcoin Could Not Get Past $24k Bitcoin has reportedly ended the month of July mainly experiencing greens. The price of Bitcoin continued moving in the upward direction. Since February of 2022, Bitcoin had not been able to climb higher at a significant rate. However, the price of Bitcoin had finally started showing signs of retracement […]
The price of Bitcoin (BTC) ended up experiencing a dip and it came down to $20,200. Bitcoin’s price dipped due to a strong selling that was nothing less than a bloodbath. A great sell-off activity was recorded for Bitcoin that was triggered by multiple institutions. Even the investment firms ended up selling Bitcoin on a […]
The first five months of the year had seen the installation of Bitcoin ATMs go down, but Coin ATM Radar Report reveals that there has been a swift recovery in this number in June. The early months of 2022 saw the number of installations fall, as only 202 new Bitcoins ATMs were installed in the […]
It’s been more than 6 months since Bitcoin hit the all-time high price of $69,000. Since then, the trading price of Bitcoin has dipped more than half of its all-time high price. Over the years, the situation of Bitcoin has turned from bad to worse. However, there are investors who have not lost their confidence […]
