After trading lower for the majority of Monday’s session, cryptocurrency prices were slowly starting to find support, with a few markets rallying, as we headed toward the end of the day. Cosmos One such crypto was cosmos (ATOM), which was the biggest gainer in the top 20, climbing by almost 10% to start the week. …
Continue reading “Technical Analysis: Cosmos Climbs Higher, While Solana’s Fall Continues”
As digital asset markets have shed significant value during the last two weeks, the top meme coins by market capitalization have dropped considerably against the U.S. dollar. The top meme asset dogecoin has lost 23.9% over the last seven days, while shiba inu’s value was reduced by 31.1% this week. Dogecoin Down 80% Since All-Time …
The selloff in cryptocurrencies continued to start the week, with bitcoin falling to its lowest level since July. Ethereum was also trading in the red, hitting multi-month lows in the process. This comes as the overall global market cap in cryptos was down close to 9% at the time of writing. Bitcoin Bitcoin (BTC), which …
Continue reading “Bitcoin, Ethereum Technical Analysis: BTC Falls to 5-Month Low”
Asset management titan BlackRock plans to launch an exchange traded fund (ETF) that focuses on companies at the forefront of blockchain technology. According to a U.S. Securities and Exchange Commission (SEC) filing, the $9.5 trillion asset management firm is looking to create the iShares Blockchain and Tech ETF, which aims to track the NYSE FactSet …
Bitcoin (BTC) has seen a week of institutional investment inflows, breaking a five-week outflow trend, according to digital asset manager Coinshares. CoinShares says Cardano (ADA), Solana (SOL) and Polkadot (DOT) also enjoyed inflows on the week, suggesting that investors are anticipating a possible market turnaround on the horizon. “The inflows came later in the week …
That was quick. Within 24 hours of the launch of the Twitter nonfungible token, or NFT, profile pictures for iOS update, a github contributor called mcclure has coded up and shared a browser extension that automatically blocks Twitter accounts using an NFT profile picture. The program called NFTBlocker blocks paying subscribers of the Twitter Blue …
Continue reading “There’s a browser plugin that autoblocks Twitter NFT profile pictures”
Congresspeople currently HODLing or actively trading in crypto may have to stop doing so while in office if recent pushes to ban lawmakers from investing in stocks gain enough support. In a Monday letter addressed to Speaker Nancy Pelosi and Minority Leader Kevin McCarthy, 27 members of the U.S. House of Representatives called for action …
Continue reading “House members call for an end to lawmakers trading stocks — is crypto next?”
Bears remain in full control of the cryptocurrency market on Jan. 24 and to the shock of many, they managed to pound the price of Bitcoin (BTC) to a multi-month low at $32,967 during early trading hours. This downside move filled a CME futures gap that was left over from July 2021. Data from Cointelegraph Markets …
Singapore-based Blockchain Founders Fund has launched a new venture capital fund to support emerging projects in the cryptocurrency, metaverse and Web3 sectors, offering further evidence that investors are still keen to back major growth trends in the digital asset market. Blockchain Founders Fund II, also known as BFF II, has raised $75 million from various …
Continue reading “$75M Blockchain Founders Fund II backs portfolio of P2E and Web3 projects”
Cryptocurrency market continues bearish trend as Russia moves to ban mining & trading. METIS sees huge gain on TVL. SOL drops but BofA positive. BTC The Bitcoin price opened the week around the $43,000 level but has since slumped to $33,000 after Russia moved to ban cryptocurrencies. BTC Price Index The market initially shrugged off …
Continue reading “Bitcoin Price Crumbles to $33,000 on Russia Ban, SOL, METIS, Jan. 24”
Anybody even remotely familiar with the world of cryptocurrencies would have surely heard of the rewards mechanism called staking. Staking is a mechanism that allows users to accrue solid rewards that are otherwise not possible via conventional avenues such as fixed deposits, SIPs, interest-based savings accounts, etc. In its most basic sense, staking as a …
Continue reading “Hashbon Introduces Referral Program to Maximize Staking”
The largest Bitcoin miner in North America, Core Scientific Inc, is set to go public. Investors have approved a $4.3 billion merger with a Special Purpose Acquisition Company (SPAC). The Texas-based Bitcoin mining firm will merge with Power & Digital Infrastructure Acquisition Corp. Core Scientific is going public Core Scientific is the largest Bitcoin mining …
Continue reading “Largest North American Bitcoin miner to start trading at NASDAQ after SPAC merger”
The creator of PlayStation, Ken Kutaragi, is not buying into the metaverse hype. Kutaragi noted that he is not excited about the virtual world despite the attention it has been receiving in recent months. The metaverse is currently a hot topic in the tech sector. Towards the end of last year, Facebook rebranded into Meta, …
Continue reading “PlayStation’s creator says the real world is better than the metaverse”
The Bitcoin mining difficulty recently reached an all-time high. This comes as Bitcoin mining reaches full recovery after being greatly affected in May and June last year after China imposed a mining ban. According to BTC.com, the Bitcoin mining difficulty currently stands 26.643 trillion at an average hash rate of 190.71 exahash per second (EH/s). …
Continue reading “Bitcoin network mining difficulty hits record highs of 26.643 trillion”
Crypto YouTubers have been the latest victims of hacking attacks. Several YouTube accounts dealing in the crypto niche were targeted on January 23, as hackers hijacked the accounts and posted unauthorized videos. The hackers’ objective was financial extortion by directing followers of these accounts to send crypto to a wallet address owned by the hacker. …
Continue reading “Hackers hijack crypto YouTube accounts to post scamming videos”
