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Digital Yuan Giveaway: Shenzhen Residents to Receive 15 Million Yuan in Digital Currency
29.4.2022
The Chinese government is giving away 15 million yuan in central bank digital currency (CBDC) to 130,000 residents of Shenzhen this Friday. The digital yuan can be used at nearly 5,000 stores with no minimum purchase required. Digital Yuan Pilot Continues China’s central bank,...
Here's why Bitcoin bears aim to pin BTC under $39K ahead of Friday's $1.9B options expiry
27.4.2022
Holding BTC price below $39,000 will give bears a $350 million profit in this week’s $1.9 billion options expiry
Biggest Movers: MATIC Slips on Saturday, RUNE and LUNA Over 5% Lower
23.4.2022
MATIC fell to its long-term support level on Saturday, following a surge in price during Friday’s session. This came as both RUNE and LUNA also dropped, and traded by as much as 5% lower to start the weekend. Polygon (MATIC) During what has been a bearish start to the weekend, MATIC was...
Bitso to Offset Carbon Emissions From the Trading Platform’s BTC, ETH, ERC20 Transactions
22.4.2022
On Friday, the Latin American cryptocurrency platform Bitso announced that the company plans to offset carbon emissions from its bitcoin and ERC20 token transactions carried out on the platform. Bitso is partnering with the carbon offset platform Moss.Earth in order to curb the crypto...
Metamask Users Complain About Connection Issues as Wallet’s Default Endpoint Suffers From ‘Major Outage’
22.4.2022
On Friday, users leveraging the Web3 wallet Metamask complained about service outages after Infura, Metamask’s default endpoint suffered from a “major outage.” The wallet company addressed the situation and explained the problems were due to Infura combating an outage. Metamask...
Biggest Movers: Near, EOS and RUNE Fall During Friday’s Selloff
22.4.2022
NEAR was one of the big movers in today’s trading session, as prices fell by almost 10% on Friday. RUNE and EOS also slipped to end the week, with the latter also dropping by double-digits in the session. Near Protocol (NEAR) NEAR was one of the biggest tokens to fall on Friday, as a...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Down as Prices Fall at Key Resistance Levels
22.4.2022
Following recent back-to-back surges in price, both ETH and BTC were down during Friday’s session. Bitcoin fell by almost 5% today, while ETH was down by a similar figure, with both retreating back towards levels of support. Bitcoin After a strong rebound in prices mid-week,...
Luna Foundation Purchases Another $5 Million in Bitcoin, LFG Wallet Holds 42,530 BTC
15.4.2022
The Luna Foundation Guard (LFG) purchased an additional 123.89 bitcoin on Friday worth close to $5 million at the time of settlement. Since mid-March, Terra’s LFG has been acquiring bitcoin on a regular basis and after the purchase on Friday morning, the non-profit organization...
Biggest Movers: XRP Hits 1-Week High, as NEAR Falls Again
15.4.2022
During what can be described as a choppy trading session, it was XRP which was one of the most notable gainers, climbing to a one-week high. While ripple rose, NEAR was once again lower, falling by as much as 10% on Friday. XRP While crypto markets were mainly in the red, XRP was one of […]
Bitcoin, Ethereum Technical Analysis: ETH Remains Close to Support of $3,000 on Good Friday
15.4.2022
Ethereum continues to trade close to its support level of $3,000 on Good Friday, as some financial markets were closed for the holiday weekend. Volatility has slightly eased as a result, with BTC also hovering near its floor around $40,000 during today’s session. Bitcoin Bitcoin was trading...
Bitcoin bulls need to reclaim $41K ahead of Friday’s $615M BTC options expiry
14.4.2022
BTC staged a small relief rally, but securing $41,000 is the key to determining whether or not the current sell-off has ended
A New Super PAC Aims to Elect BTC Advocates and ‘Vote out Anti-Bitcoin Politicians Like Brad Sherman, Elizabeth Warren’
10.4.2022
On Friday, Grant McCarty, the director of policy and public affairs at Bitcoin Magazine, announced the launch of three political efforts aimed at bolstering bitcoin public policy at the Bitcoin 22 conference in Miami. McCarty revealed the Bitcoin Advocacy Project (BAP), the Bitcoin Policy Institute...
Biggest Movers: XMR Climbs to 4-Month High, NEAR Drops 10% Following Recent Gains
9.4.2022
Following a gain of over 25% on Friday, NEAR dropped by over 10% to start the weekend, while XMR rose to a four-month high. The move in NEAR comes as traders look to be taking profits from recent highs, and as market uncertainty remains high. Near Protocol (NEAR) After being Friday’s biggest...
Bank of America Strategist Warns ‘Recession Shock’ Is Coming, Analyst Says Crypto Could Outperform Bonds
8.4.2022
On Friday, Bank of America’s (BOFA) chief investment strategist Michael Hartnett explained in a weekly financial note to clients that the U.S. economy could head into a recession. The BOFA strategist’s note further detailed that cryptocurrencies could outperform bonds and stocks. BOFA...
Biggest Movers: Near Surges by Over 25% on News of an Upcoming Stablecoin
8.4.2022
NEAR rallied by over 25% on Friday, as speculation grew that Near Protocol was set to create a rival stablecoin to Terra’s UST. LUNA fell on the news, as Terra labs plans to purchase around $100 million worth of AVAX, in order to strengthen its own reserves. Near Protocol (NEAR) NEAR was...
Bitcoin, Ethereum Technical Analysis: ETH Marginally Higher as BTC Consolidates on Friday
8.4.2022
ETH was marginally higher during Friday’s session, as it moved away from its recent support level around $3,145. BTC on the other hand mostly consolidated today, as prices mainly traded close to the $43,000 region. Bitcoin Friday saw BTC fall for a fourth straight session, as prices...
Bears have a $100M reason to keep Bitcoin price under $45K until Friday’s options expiry
7.4.2022
BTC price is in a freefall, and data suggests bears will keep the pressure on until Friday’s options expiry
KuCoin IGO to Launch on Friday, Bringing NFTs to Millions of Users
5.4.2022
Non-Fungible Tokens, popularly known as NFTs, are digital artistic assets that carry a unique value. NFTs cannot be replaced with other digital tokens. They can be bought and sold over an NFT exchange platform. Artists from different backgrounds get their digital art listed on the platforms. These...
Biggest Movers: ZIL Jumps on Metapolis News, as AAVE Almost 15% Higher on Friday
1.4.2022
ZIL was on the rise yet again to end the week, as prices are now trading almost 300% higher than on Monday. The increase in value comes as markets gear up to the release of Zilliqa’s metaverse service platform called “Metapolis.” Many expect the official launch to come...
Bitcoin, Ethereum Technical Analysis: BTC Falls to 5-Day Low, as Nonfarm Payrolls Are Marginally Lower
1.4.2022
Bitcoin fell to its lowest level this week, following Friday’s nonfarm payrolls report, which came in marginally below expectations. 431,000 jobs were added to the U.S. economy versus forecasts for an addition of 490,000. ETH also reacted to the news, finally moving below $3,400. Bitcoin...