The ETH/BTC exchange rate has surged by around 40% after bottoming out at 0.055 BTC. But the pair appears to be heading into a bull trap. A recent run-up in Ether (ETH) prices against its top rival Bitcoin (BTC) appears to be at the risk of exhaustion even as analysts see the second-largest cryptocurrency as …
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The cryptocurrency market continues to weather bad news. Its value plunged by more than 9% overnight, after the US government revealed it had recovered $2.3 million in bitcoin paid out following the Colonial Pipeline ransomeware attack. (It’s likely that the FBI obtained the private key for the address from which it recovered the BTC.) Bitcoin …
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Here’s 5 cryptocurrencies to buy in this slump that will keep your portfolio in the green. The cryptocurrency market has witnessed a deep pullback in the past month, with bitcoin off 50% from its all-time high of $64,000. The market is still in a significant bear market, and anyone looking for the best cryptocurrencies to …
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Looking for 5 cryptocurrencies to buy as the market seeks to find a bottom, then read on. The market is slumping today as news flow darkens the mood, with Trump labelling bitcoin a ‘scam’ and China stepping up its crypto crackdown, so what better time to consider some coins to start buying up at cheap …
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The first Kusama parachain auction could happen by mid-June if the council votes in favor of a recently released tentative schedule. Polkadot and Kusama creator Gavin Wood has published a tentative schedule for the much-anticipated Kusama parachain slot auctions. According to a blog post posted on Tuesday, the first parachain auction slot will open on …
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Research into central bank digital currencies will play a significant role in Hong Kong’s fintech development efforts. The Hong Kong Monetary Authority (HKMA) has published its “Fintech 2025” strategy with central bank digital currencies (CBDC), both retail and wholesale, included in the digital finance innovation package. Unveiling the fintech strategy via a release issued on …
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One third of participants see Bitcoin as the least preferable investment asset. Earlier this week, a Bank of America survey found that American hedge fund managers favor Bitcoin (BTC) over tech, but Goldman Sachs’ poll with the Asian chief investment officers tells a different story. Goldman Sach Global Investment Research published a new survey polling …
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The WEF’s policy toolkit for decentralized finance seeks to promote, fair, efficient and enforceable regulations for the emerging digital asset marketplace. With regulated decentralized finance (reg-DeFi) becoming a topic of discussion within and outside the crypto space, the World Economic Forum (WEF) has published a policy toolkit on DeFi. According to a release issued on …
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Dogecoin price is hurting right now. That comes despite the meme-based coin causing quite a stir in the crypto market this year, although it slumped to $0.22 during the May market meltdown. The May price decline disappointed many investors – especially those who bought near the top – given that the cryptocurrency had increased by …
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Bitstamp will list Tether (USDT) on June 14th Tether (USDT) will be listed alongside Compound Finance (COMP) and The Graph (GRT) Bitstamp follows Coinbase pro in listing Tether (USDT) Tether’s advancing market cap is the most consistent trend in the crypto-verse The digital asset exchange of Bitstamp will list Tether (USDT) on the 14th of …
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Ethereum whales holding 1k to 10k ETH are still holding their coins The Ethereum whales started accumulating ETH in October 2020 Ethereum’s daily address activity is on the decline which is bearish Trader sentiment towards Ethereum continues to be negative and could lead to a capitulation event Ethereum whales holding 1,000 to 10,000 ETH are …
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A potential death cross on the daily Bitcoin chart has been forming since mid- May The Bitcoin death cross should occur in the next week or so Bitcoin continues to trade below the 200-day moving average and the death cross would confirm a bear market $30k remains as the support level to watch for Bitcoin …
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The US DoJ has recovered 63.7 BTC of the 75 Bitcoin paid out to hackers by Colonial Pipeline The FBI was in possession of a private key that helped recover the Bitcoin A theory has been circulating that the funds were sent to Coinbase and that the exchange helped the authorities The CSO at Coinbase …
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After months of hype around the launch, the first Kusama parachain auction went off without a hitch. The now active parachain has already begun successfully processing transactions, paving the way for future slot auctions. Kusama’s First Functional Parachain Goes Live The anticipation surrounding Polkadot parachains over the last few months has at last been realized …
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A few Kenyan banks have started sending out warning alerts to clients engaged in cryptocurrency trading to be wary of the associated risks. These warnings have reportedly been sent to clients who have “used their credit and debit cards to buy cryptocurrencies on crypto exchanges.” Crypto Trading Risks According to a local report, one of …
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