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Bitcoin, Ethereum Technical Analysis: Ethereum Down 6%, Crypto Red Wave Returns
3.2.2022
Bitcoin and ethereum saw recent losses extended on Thursday, as global cryptocurrency markets declined during today’s session. Solana was also in the red, trading nearly 15% lower today. Bitcoin Following Wednesday’s drop in prices, BTC/USD declined for the second consecutive session...
Bitcoin, Ethereum Technical Analysis: Bitcoin Consolidates After Yesterday’s Rally
2.2.2022
Hump-day provided a hurdle for cryptocurrency prices, which mainly consolidated, after a strong start to February. Bitcoin and ethereum were both trading lower during today’s session. Bitcoin BTC/USD followed up yesterday’s rally with a weak showing on Wednesday, falling by as much...
Circle Launches USDC on Flow Blockchain
1.2.2022
Circle, the operator of USDC, one of the biggest stablecoins by market cap, has launched USDC as a native asset on top of the Flow blockchain. Flow is a blockchain project made to host NFT and game-based initiatives, aiming for low fees and a high volume of transactions. With this launch, USDC aims...
Ethereum Fees Drop 53% in 20 Days — Polygon Hermez, Loopring Offer Lowest L2 Fees
30.1.2022
Ethereum’s average network fees have dropped to the lowest value in 30 days at 0.0096 ether or $24.64 per transaction. Median-sized ethereum fees are lower today as well, as fees are between $8.37 to $10.82 per transaction as ether fees haven’t been this low since January 1. Onchain...
Low Real Interest Rates Support Asset Prices, But Risks Rising for Market
30.1.2022
Nassira Abbas is a deputy division chief in the Global Markets Monitoring and Analysis Division of the Monetary and Capital Markets Department at the International Monetary Fund (IMF). Tobias Adrian is the Financial Counsellor and Director of the IMF’s Monetary and Capital Markets...
Bitcoin, Ethereum Technical Analysis: ETH Down 14% This Week
28.1.2022
Following a volatile week of trading, the uncertainty in cryptocurrency markets continued on Friday. Overall, the global crypto market cap was almost 2% lower during the session. Bitcoin Thursday’s volatility extended into today’s session, with bitcoin prices continuing to consolidate...
Bitcoin, Ethereum Technical Analysis: ETH Nears 10% Gain, BTC Inches Toward $40,000
26.1.2022
Days after falling to a 6-month low, bitcoin rose for a second consecutive session, as prices slowly approached its key level of $40,000. Today’s gain in BTC comes as the global crypto market cap was 4.7% higher from yesterday’s session, as of writing. Bitcoin The world’s...
Grayscale considers VeChain and Iota as Coinbase lists 4 low-cap coins
26.1.2022
Grayscale added 25 tokens to those it is considering for investment products, and added AMP to its DeFi Fund while Coinbase listed four small projects
Bitcoin, Ethereum Technical Analysis: BTC Bounces Back After Monday’s Selloff
25.1.2022
Following Monday’s selloff, cryptocurrency markets mostly rebounded across the board, with bitcoin and ethereum prices rallying by as much as 10%. Overall the global crypto market cap was over 6% higher from yesterday’s session. Bitcoin Bitcoin, which fell to an intraday low...
Here’s 5 altcoins to study as crypto prices drop close to a 1-year low
24.1.2022
Crypto prices continue to take a beating, but value-focused investors might consider taking a closer look at MATIC, FTM, DOT, FXS and CRV
Bitcoin, Ethereum Technical Analysis: BTC Falls to 5-Month Low
24.1.2022
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’s Price Drop and the Network’s Higher Difficulty Squeezes BTC Mining Profits
23.1.2022
After Bitcoin’s mining difficulty jumped to the highest value ever at 26.64 trillion, the overall hashrate slumped a hair due to the rise in difficulty and lower bitcoin price. This weekend, Bitcoin’s hashrate is coasting along at 189 exahash per second (EH/s), after dropping to a...
Low Volumes Across Crypto Spot Markets and Derivatives Indicate Bearish Conditions
23.1.2022
Digital currency markets have slipped significantly in value during the last two weeks and the lower prices have not sparked higher trade volumes. Data shows cryptocurrency spot market volume has slipped from $1.4 trillion in November 2021, to this month’s $593 billion in volume. Bitcoin...
El Salvador Buys 410 Bitcoins as BTC Plunges to Lowest Level in Months
23.1.2022
El Salvador bought the dip as the price of bitcoin plunged to a record low. President Nayib Bukele said Friday that his country has purchased 410 more bitcoins. The Salvadoran government has bought a total of 1,801 bitcoins since the cryptocurrency was made legal tender in the country. El Salvador...
Bitcoin Price Slips Below $36K, BTC Dominance Increases, Billions Leave Crypto Economy
22.1.2022
The price of bitcoin tapped a new low this year hitting $34K per unit at just after 5 a.m. (EST) on Saturday morning. Bitcoin is now down over 48% lower than its all-time high (ATH) reached two months ago on November 10, 2021 — when it jumped above the $69K mark. During the last week...
A key Ethereum price metric hits a 6 month low as ETH falls below $3K
21.1.2022
ETH price has been in a downtrend for 3 months, and derivatives data shows pro traders are almost ready to throw in the towel
Bitcoin Falls Beneath $40K, Dragging Crypto Economy Below $2 Trillion
21.1.2022
On Thursday evening around 10 p.m. (EST), the price of bitcoin fell beneath the $40K zone for the first time since September 21, 2021. During Friday’s early morning trading sessions, bitcoin plunged to a low of $38,250 per coin. Furthermore, the market capitalization of the entire...
El Salvador explores low-interest loans backed by Bitcoin
20.1.2022
The Salvadoran government is looking to create a Bitcoin-backed loan product for micro and small businesses across the country
Robinhood hits new low as FTX US and Bitstamp USA move into stocks
14.1.2022
As crypto trading cools down, the ability to trade stock on FTX US might be only months away, according to a tweet from the exchange’s president. Bitstamp USA has also signaled it's looking at stocks
Magnus Low X Avaware, NFT Album Drop
13.1.2022
Magnus Low, an NYC hip hop artist, will have an album launch NFT at Avaware. Moonbreaker is for fans of hip hop, anime, and quantum-level lyrical engineering. This album is jam-packed with tongue-twisting, mind-altering conscious lyrics that have never been heard before. The video for the first...