Square made the headlines this week after splashing funds in another Bitcoin purchase as most crypto coins sunk Ethereum (ETH) falls off a weekend peak above $2,000 Ethereum bulls failed to sustain the upward momentum for the token, which ended up struggling after coming off last week with a record high of $2,036. The token …
Top crypto assets endure a tough week as DeFi blooms Read More »
BTC price touched lows of $44,000 after yet another rejection above $50k Bitcoin price has traded at lows of $44,150 after it dropped nearly 10% over the past 24 hours. The negative price action follows the bulls’ failure to establish momentum above $50,000 — despite rallying as high as $51,900. At the moment, BTC/USD is …
Bitcoin (BTC) price pivots off $50k once again to retest weekly lows Read More »
Crypto exchange Coinbase filed an application with the Securities and Exchange Commission (SEC) for a listing on the stock market back in December Coinbase sent its filing in the form of an S-1 registration statement confidentially to the Securities and Exchange Commission and reserved copies for its legal teams. According to public documents released by …
Coinbase lists Satoshi Nakamoto as recipient for its SEC filing Read More »
JPMorgan has advised its clients to allocate 1% of their funds to Bitcoin as the cryptocurrency could be a potential hedge against fluctuations in traditional assets Investment bank JPMorgan sent a note to its clients, advising them to allocate 1% of their portfolio to hedge against fluctuations in traditional assets. According to the bank, the …
JPMorgan advises clients to invest 1% of funds in Bitcoin Read More »
IOTA’s price could flip higher if bulls hold above $1.05 and fresh buying pressure surfaces short term IOTA is trading at $1.06 at press time, which puts its price 12.45% down over the past 24 hours and just under 27% in the red over the weekly time frame. Although bulls are trying to push higher …
IOTA price analysis: negative momentum pushes IOTA near $1.00 Read More »
The technical outlook for LINK/USD, XLM/USD and DASH/USD suggests bears could eye fresh moves ChainLink, Stellar and Dash are all struggling to stay above a key support level, with fresh declines looking likely to come hot on the heels of massive losses earlier in the week. The negative outlook is likely to strengthen if Bitcoin …
Price analysis: ChainLink (LINK), Stellar (XLM) Dash (DASH) Read More »
February’s DEX volume figures are looking likely to surpass January’s $3 billion high Decentralised exchanges are set to record higher monthly volumes this month than they did in January. The monthly volume figures are currently closing in on the January high with a few days still left to the end of the month. The DEX …
DEX trading volumes on the path to eclipse January’s high Read More »
The head of the Bank of Korea (BoK), Lee Ju-yeol, recently put forward the argument that cryptocurrencies don’t hold any intrinsic value The governor of the bank of Korea, Lee Ju-yeol, has set forth that Bitcoin and other cryptocurrencies have no inherent value. Ju-yeol went on to say that while that was the case, he …
Bank of Korea chief claims crypto assets lack intrinsic value Read More »
The United States Federal Reserve will engage with the public regarding the Digital Dollar before the end of the year The US Fed chairman, Jerome Powell said that 2021 is an important year for the Digital Dollar project as the Federal Reserve intends to seek public opinion very soon. He made this statement yesterday while …
US Fed will seek public opinion on the Digital Dollar soon Read More »
ETH/USD has climbed above $1,600 but the bearish outlook means bulls are battling for control Ethereum’s break above $1,600 support zone sees it trading inside an ascending channel, suggesting extended gains towards $1,800 are possible. Buyers are however facing strong resistance just above the $1,600 level and ETH/USD could dip again amid fresh selling pressure. …
Ethereum price recovery stalls near $1,650: What’s Next? Read More »
Cryptocurrencies have been the talk of the town lately, with everybody and his uncle sharing how their Bitcoin and Altcoin endeavours have turned profitable. Now if you’re reading this, you’re probably wondering how come your trading activity hasn’t been as exciting as everyone else’s. Fear not – by finding the right strategy for you, you’ll …
EOS (EOS) traded at lows of $3.17 after plummeting 26% as a declining BTC dragged altcoins with it EOS plunged to lows of $3.17, retesting a price level last touched in early February when it broke above a long-term resistance line. The upside breakout had seen EOS price trade higher to reach highs of $5.60. …
EOS price remains bearish despite Bitcoin rebounding above $50K Read More »
Privacy-focused browser Brave has revealed it will drop a native ETH wallet as well as a decentralised exchange aggregator in the next browser version Brave has announced it will add a new wallet to its browser and revealed the specifications of version 2.0 of its web browser, which include a new ETH wallet and a …
Brave announces plans to add a new wallet and DEX aggregator Read More »
SEC Commissioner Hester Peirce has asked the DeFi sector to be receptive to regulations SEC Commissioner, Hester Peirce, has strongly advocated for the adoption of regulations in the DeFi space while speaking at the George Washington University Law School on Monday. The commissioner argued that regulating the sector will help make the competition between centralised …
SEC Commissioner calls for regulation in booming DeFi sector Read More »
Square has purchased additional bitcoins (BTC) worth $170 million after realising massive BTC revenue in 2020 Payment giants Square announced yesterday that it had bought $170 million worth of bitcoins. The company purchased 3,318 BTC as a reserve asset, adding to the previous stash it had bought in October. According to the press release, the …
Square boosts its Bitcoin holdings with $170M investment Read More »
XTZ nosedived nearly 30% on Tuesday, retracing sharply from highs of $4.29 to $2.93 as crypto bloodbath wiped off recent gains Tezos (XTZ) plunged nearly 30% yesterday after a sharp correction across the crypto market, fueled by Bitcoin‘s dip below $50k to lows of $45,000. XTZ, which had been looking to retest resistance above $4.30, …
Tezos price analysis: XTZ looks to rebound above $3.50 after 30% nosedive Read More »
Bitcoin continues drawing the interest of many, including millionaires who are heavily investing in the asset The epic Bitcoin rally at the end of last year caught the attention of many people. The subsequent run towards a new ATH at the beginning of the year brought with it new investors who have since injected a …
There are now over 100,000 Bitcoin whale addresses Read More »
Lark Davis, popularly known as ‘The Crypto Lark’ has urged Ethereum to launch ETH 2.0 as soon as possible to prevent an exodus of ETH users Davis, who runs a YouTube channel dedicated to crypto, suggested that the increasing gas fee might drive away many Ethereum users. Rival blockchain networks stand to gain from the …
Crypto influencer Lark Davis urges Ethereum to launch ETH 2.0 Read More »
Bitcoin has dipped below $48,000, Ethereum is retesting $1,500 and Binance Coin is at risk of diving below $200 While BTC is fighting to keep prices near $50k, Ethereum has dived to lows of $1,500 and BNB has seen a sharp sell-off to lows of $206. As the cryptocurrency market map below shows, most coins …
Bitcoin (BTC) price dip drags rest of crypto market down Read More »
MoneyGram said it had suspended trading on Ripple’s platform due to the firm’s ongoing litigation with the US Securities and Exchange Commission (SEC) Global money transfer service MoneyGram said it had suspended its relationship with blockchain payments firm Ripple (XRP), citing Ripple’s ongoing lawsuit with the SEC. Hence, MoneyGram will not be using XRP to …
MoneyGram suspends partnership with Ripple amid SEC lawsuit Read More »