Ethereum outflows from crypto exchanges have resumed to levels seen before last Wednesday’s crash 403k ETH worth $1.132 billion has left crypto exchanges in the last 24 hours 1.2 million ETH worth $3.376 Billion has left crypto exchanges in the last month Accumulation of ETH continues and could lead to a price increment towards $3k …
Continue reading “Ethereum Outflows From Exchanges Resume, 403k ETH Moved in 24hrs”
Bitcoin Trade Struggles Rebounding – May 26There has been a continual process that the BTC/USD trade struggles rebounding at the resistance level of $40,000. Price currently hovers at about the value of $39,813 with about 4.67% appreciation. Trade Struggles Rebounding: BTC MarketKey Levels:Resistance levels: $45,000, $50,000, $55,000Support levels: $35,000, $30,000, $25,000 BTC/USD – Daily ChartIt …
Continue reading “Bitcoin Price Prediction: BTC/USD Trade Struggles Rebounding”
A leaked report from Goldman Sachs claims that smart contract platform Ethereum has a high chance of surpassing Bitcoin as a store of value. The report even refers to Ethereum as the ‘Amazon of Information.’ The crypto crash of the past week or so has led to a whopping $1.3 trillion worth of cryptocurrencies being …
Continue reading “Goldman Sachs: Here’s why Ethereum will overtake Bitcoin (BTC) – Buy ETH Now?”
Hoard Marketplace, the much anticipated NFT trading venue, is now live. In fact the new exchange is a first of its kind, as you can now lend and borrow by leveraging NFTs as collateral. Users of Hoard will be able to lend, borrow and rent NFTs, regardless of whatever form or industry they reside in, …
Continue reading “Hoard Marketplace Lets NFT Owners Turn Assets Into Loan Collateral”
Wild price fluctuations are likely in the top two cryptocurrencies as both record a dramatic spike in their 30-day realized volatility charts. The current cryptocurrency market scenario is only for traders who have an extremely high appetite for risks. But for the faint of heart, analysts advise patience and caution ahead. The outlook stands tall …
Continue reading “Bitcoin price volatility hits 2021 high as one analyst paints $15,000 target”
Canada’s OSC continues to take action against allegedly non-compliant cryptocurrency trading platforms after announcing new compliance measures in March. Canadian securities regulators have initiated a regulatory action against major global cryptocurrency exchange Poloniex. On Tuesday, the Ontario Securities Commission published a statement of allegations against Polo Digital Assets, also known as Poloniex, alleging that the firm …
Continue reading “Canadian regulators accuse crypto exchange of breaking securities law”
Iran’s government has placed an immediate embargo on Bitcoin and crypto mining to preserve electricity over the summer months. The recent crackdown on Bitcoin (BTC) and crypto mining in Iran has reached a new dimension with the government banning the activity over the summer. According to a report by Bloomberg, President Hassan Rouhani announced the …
Continue reading “Bitcoin mining banned in Iran until September”
Musk’s tweets have been credited with markedly influencing the value of the meme cryptocurrency. Tesla CEO Elon Musk reminded Twitter followers on Tuesday that despite the recent interest he’s taken in Dogecoin (DOGE), he still has no formal authority over the project. Musk was replying to a comment from a Doge-themed account, which opined that …
Continue reading “Elon Musk reminds followers he really isn’t Dogecoin’s master”
BCH Shows Recovery Move – May 26The BCH/USD market valuation shows recovery move after the crypto’s price fell to approach the lower zone of $400 support level in the previous downward trading activities. The crypto now trades around the line of $772 at a 7.20% appreciation. Shows Recovery Move BCH MarketKey Levels:Resistance levels: $900, $1,100, …
Continue reading “Bitcoin Cash Price Prediction: BCH/USD Shows Recovery Move”
David Schwartz has submitted a proposal to add NFT support to the XRP ledger The proposal is via Github and suggests the addition of 2 new objects and one new ledger structure on XRPL The XRP ledger already offers support for tokens thus NFTs can also be supported by providing additional functionality The XRP ledger …
Continue reading “Ripple CTO Submits Proposal to add NFT Support to the XRP Ledger”
Central Bank of Nigeria (CBN) governor, Godwin Emefiele, says digital currency “will come to life even in Nigeria” just a few months after the central bank ordered banks to stop serving the crypto industry. While acknowledging his country’s position as one of the leading crypto markets in the world, Emefiele however insists his organization is …
XRP Price bounces off – May 26There has been an effort being made by Ripple XRP price bounces off from the lower point that it saw during the late heavy downward pressure that most crypto economies witnessed. Ripple XRP’s value now trades around the level of 1.05 at a 7.85% increase. Price bounces off: XRP …
Continue reading “XRP Price Prediction: XRP/USD Price Bounces off Gradually”
Bitcoin has surged past $40,000 and the cryptocurrency market is rapidly recovering. The price of Bitcoin (BTC) has surpassed $40,000 on May 26, breaking above a key sell area for the first time in five days. Traders expect a broader rally to come and a bullish market structure to form if Bitcoin continues to rise …
Wallet provider Lohko has launched gold-backed NFTs offering carbon offsets. Digital asset wallet provider Lohko and London-based tech firm Mattereum have teamed up to launch nonfungible tokens, or NFTs, that are backed by gold and have carbon offsets attached. According to a May 26 announcement the tokens represent ownership over physical gold bars that are …
Continue reading “You can now buy gold-backed NFTs with the mining carbon footprint offset”
Spot gold last week hit its highest price level since Jan. 8 after dipping to as low as $1,680 in early March. In the aftermath of the Mid-May crypto market sell-off, gold has seen significant price recovery. Gold prices continued to inch higher on Tuesday, hitting $1,887 per ounce at 3:00 am EDT, according to …
Continue reading “Gold hits four-month high following crypto crash”
