Bitcoin plunges below $40,000 in the early hours of the weekend and proceeded to backpedal in the face of escalating tensions on the Ukraine-Russia border, not to mention ongoing inflationary unease. At the time of writing, the world’s most popular cryptocurrency was trading near $38,700, down 3.4% in the previous 24 hours and at its […]
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The Ren protocol, formerly known as Republic Protocol, is designed to provide interoperability by allowing a global peer-to-peer (P2P) transfer of certain crypto assets across different blockchains. REN is an Ethereum token that powers the Ren protocol, allowing for rapid communication and contract execution. As decentralized finance initiatives gain traction, Ren’s emphasis on scalability and […]
The Terra Protocol is a blockchain protocol that uses algorithmic stablecoins to power price-stable global payments systems. The Terra blockchain supports an ecosystem for users to mint, manage, exchange, and trade Terra stablecoins that can be tied to any fiat. Terra seeks to stabilize the global payments systems by combining the price stability of fiat […]
Recently we sat down with Matas Sauciunas, CEO of one of the most exciting DeFi projects of the year: ALF Protocol. Matas and his team have already secured significant Venture Capital funding which they have used to develop a protocol for capital deployment on Solana for the purposes of liquidity provision and yield farming. Alf […]
Ethereum extended decline below the $2,800 support against the US Dollar. ETH price is correcting losses, but upsides might be limited above $2,800. Ethereum started a major decline below the $2,880 support level. The price is now trading below $2,800 and the 100 hourly simple moving average. There was a break above a major bearish […]
For the most part of recorded human history, finance has been constantly evolving and adapting to the needs of human culture and lifestyle. Fintech (financial technology) has changed the face of the financial industry. From mobile payments to lending and personal finance management, fintech has completely changed how we interact with our money. Importantly, fintech […]
Bitcoin extended decline below the $40,000 support against the US Dollar. BTC is correcting losses, but it might face resistance near the $39,500 zone. Bitcoin extended decline below the $40,000 and $39,500 support levels. The price is trading below $40,000 and the 100 hourly simple moving average. There is a key bearish trend line forming […]
Ethereum blockchain co-founder and prominent leader in cryptocurrency Vitalik Buterin said that investors might be experiencing a “crypto winter,” but it’s not all bad news for them. He went on to say this could lead up into another digital asset universe as prices are currently low enough, which would give opportunities with significant gains potential […]
With the recent increase of volatility in both stocks and cryptocurrencies, many investors are turning towards more stable assets such as gold. Cryptocurrencies showed no signs of slowing down as the week progressed with geopolitical tension, with Bitcoin briefly dipping below $40,000 for the first time in two weeks. Ether declined 5%, Dogecoin 4.5%, and […]
What is Intel ’s Pat Gelsinger doing? Who is he talking to while promoting Intel’s new bitcoin mining chips? In a recent Bloomberg interview, Gelsinger uses every ESG buzzword in the book to promote their “energy-efficient ASIC chip.” Is this the right strategy? Who will be Intel’s clients? And why is this man lying about […]
NFTs are adding complexity and diversity to the blockchain ecosystem, and this new wave of utility is attracting a much wider audience. The blockchain-cryptocurrency sector is a little more than a decade old and still fighting an uphill battle for widespread acceptance. Those who have closely followed the industry’s rise know its potential to solve […]
Ross Nicoll, a Dogecoin core developer, has announced his intention to back away from the meme-based cryptocurrency. His justifications? The coin-making process was too stressful for him, and he has no desire to be associated with a potential conflict of interest in the job. Dogecoin fell nearly 4% to $0.14 shortly after the news. For […]
Bitcoin continues to trend lower over the weekend and seems at risk of re-testing previous lows. The first crypto by market cap was rejected at mid-area north of $40,000 and was unable to muster the momentum to hold those levels. Related Reading | Did Top Three Bitcoin Addresses Just Call Another Local Bottom? As of […]
Cardano (ADA) is now trading at $0.992, a 2.73% drop from Friday’s value of $1.021. The cryptocurrency’s price has been on a declining trend since the start of February. Within the next 24 hours of trading, ADA is expected to trade at a low of $0.989 and a high of $1.04. It has a 24-hour trading […]
At Coinbase, our number one priority is ensuring that we uphold our security commitments to our customers. On February 11, 2022, we received a report from a third-party researcher indicating that they had uncovered a flaw in Coinbase’s trading interface. We promptly mobilized our security incident response team to identify and patch the bug, and […]
The buying pattern of bitcoin whales has long been an indicator for coming market movement. While it may not happen everything, the fact remains that these top addresses control enough of the supply between them to have significant impacts on the price. This is evident in past movements coinciding with major price shifts and once […]
With the cryptocurrency space being such an angsty place, it’s no surprise that patience is rare. Only two weeks ago, Bitcoin rose 15%+ to near $42,000 only for traders, and retail investors alike become frustrated at how rangebound this world’s most significant digital currency has been in recent days with not much movement up or […]
As the Bitcoin price declines to $40k, on-chain data shows long-term holders have harvested some profits recently. Bitcoin Long-Term Holder SOPR Shows Some Spikes Recently As pointed out by an analyst in a CrypoQuant post, some BTC long-term holders seem to have participated in profit taking over the past day. The relevant indicator here is […]
Bitcoin could be back on a downtrend as the bulls struggle to protect the $40,000 mark. The first crypto by market cap was rejected at around $44,500 and has been unable to reclaim previous highs as the bears threaten with pushing it back to the lows around $30,000. Related Reading | Monero (XMR) Price Slides […]
As the Ukraine crisis worsens, Bitcoin and other cryptocurrencies are trading lower. The crypto market went down after the news broke that Russia had expelled USA Deputy Chief of Diplomatic Mission Bart Gorman following an escalation with Ukraine President Petro Poroshenko over fears for his safety.” On February 17th after President Biden reiterated that an […]