Downside risks for BTC price are also heightened due to the recent dollar bounce. The ghost of stock market crash is back again to haunt Bitcoin (BTC). It happened last in March 2020. Back then, the prospect of the fast-spreading coronavirus pandemic led to lockdowns across developed and emerging economies. In turn, global stocks crashed …
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The team at Flare Networks had drafted 3 proposals to modify the distribution of Spark Tokens (FLR) The proposals were meant to cater to XRP holders who live in jurisdictions that tax airdrops However, the CEO of Flare Networks has scrapped all plans to modify Spark Token distribution The original plan has been retained by …
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Many traders use technical analysis to determine Bitcoin’s short-term price movements This could lead to a ‘self-fulfilling’ death cross as Bitcoin traders expect further losses Bitcoin’s 50-day moving average is in the process of crossing the 200-day moving average to confirm the death cross Bitcoin’s price will most likely continue to drop in the months …
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A group of Spanish deputies filed a proposal that seeks to accelerate the implementation of a digital euro. The proposal, presented on June 8, asks for the creation of a group to study the implementation of a digital currency in the Eurozone. This study group, if created, would be aided by the Bank of Spain. …
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Ledger customers are receiving fake wallets by mail to steal their cryptocurrency. A user in Reddit reported receiving a suspicious package that claimed to be mailed by Ledger. The package included a letter stating the user needed to substitute the current wallet for safety reasons. Ledger has been the source of several leaks of information …
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Popular cryptocurrency trader and influencer Tyler Swope is tracking the launch of new coins on the US-based crypto exchange Coinbase. Swope is praising Coinbase for recently listing privacy layer Keep Network (KEEP), after the top crypto exchange abruptly added support for four crypto assets. “With Coinbase’s last Pro additions, including Shiba Inu, there was …
A long-time crypto trader known as Flood is revealing that he is conducting a reorganization of his digital asset portfolio. In a new tweet, Flood says that he is moving the profits he has generated from trading Bitcoin (BTC) to the leading smart contract platform. “Rotating some BTC profits into ETH. [I] think it …
NFTs present a revolutionary and innovative technology, but their real value has been obscured by hype. It’s 2021. Super Bowl champion Tom Brady is starting an NFT company, Christie’s is explaining CryptoPunks to everyone, Saturday Night Live is creating jams about NFTs, Beeple and Mark Cuban are advocating NFTs’ use case — yet, here I …
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Veteran trader points out bearish ‘CME gap’ as Bitcoin, Ethereum take a hit Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Bitcoin · Ethereum › Analysis Crypto markets saw familiar downside on Friday, ahead of the weekend. Meanwhile, one trader pointed out an unfilled ‘gap’ in …
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Digital currency asset managers Grayscale has announced the addition of 13 new crypto projects to their list of assets under consideration, including newer chains like Polygon (MATIC) and Solana (SOL). The firm currently operates 13 single asset trusts, the biggest one being the Bitcoin Trust, with $25 billion under management. As well as a multi-asset …
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Danske Bank will not block credit cards used in crypto trading, according to its newly announced position on cryptocurrencies. The Danish bank would also accept deposits related to crypto investments, although it follows a cautious approach towards decentralized digital assets. Denmark’s Largest Bank Clarifies Its Stance on Cryptocurrencies Responding to mounting inquiries from customers and …
Galaxy Digital’s co-president Damien Vanderwilt announced today that his firm has partnered with Goldman Sachs to help provide bitcoin futures products. The partnership marks one of the first occasions where an American multinational investment bank has partnered with a crypto asset service provider. Galaxy Serves as Goldman’s Counterparty for Bitcoin Futures Trading Goldman Sachs is …
PERL price defied the marketwide downturn with a 100% rally following the release of an environmentally friendly focused platform that provides users with carbon credits. Generating momentum and attracting investor attention can be a challenge during the best of times in the cryptocurrency market and it is an even bigger challenge when the markets are …
Continue reading “Perlin (PERL) price gains 100% as the focus on green energy solutions intensifies”
Bitcoin price drops a leg lower and stocks slump after St. Lous Federal Reserve President James Bullard signals that interest rates could rise by the end of this year. Bitcoin (BTC) and the wider financial markets faced a new wave of selling on June 18 following comments from James Bullard, the president of the United …
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Five cryptocurrency projects are more technologically advanced than Ethereum, according to veteran financial ratings agency. The latest update from Weiss Crypto Ratings shows Cardano (ADA), Polkadot (DOT), Tezos (XTZ), Cosmos (ATOM) and Fantom (FTM) have “excellent” technology ratings. Ethereum (ETH) lags behind with a “good” rating, alongside Holo (HOT), Iota (IOTA), Grin (GRIN), Bitshares …
