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Axie Infinity (AXS) rallies 80% following migration to Ronin sidechain
5.5.2021
AXS and SLP price surged following the project’s successful migration to the Ronin sidechain on the Ethereum network
Ethereum and DOGE Outperform Bitcoin, Altcoins Correct Lower
4.5.2021
Bitcoin price extended its upward move above the USD 58,500 resistance, but it failed to remain in a positive zone. BTC topped near USD 59,000 and started a fresh decline. It broke the USD 56,500 support and it is currently (04:30 UTC) consolidating near USD 55,500.
Similarly, most major altcoins...
Danske Bank Lowers Negative Rate Threshold, Denmark’s Business Minister Says ‘Enough is Enough’
3.5.2021
On April 26, 2021, the Danish multinational banking and financial services corporation Danske Bank published a press release explaining that the institution has changed the threshold for personal customers and standard interest rates for business customers in Denmark. The Bank plans to lower...
Nigeria Stopping the Rejection of Old or Torn USD Notes Underlines Why Crypto Is a Better Reserve Currency
3.5.2021
In early April 2021, the Central Bank of Nigeria (CBN) issued a circular warning Nigerian institutions to stop the practice of rejecting old or lower denomination USD notes. The CBN issued the warning after it became “inundated with complaints from members of the public on the rejection...
Image Optimization Strategies Compared (Sponsored)
30.4.2021
We all know the stats. Slower website performance is strongly linked to higher abandon rates and lower conversions. What you may not know is that the main culprit is bloated web page payloads, bringing down our otherwise performant web pages via images. That being said, images also drive...
Polygon’s New $100M Fund Aims to Attract Next Million Defi Participants
29.4.2021
As part of its ongoing efforts to make the decentralized finance ecosystem more accessible through infrastructure development, this layer2 scaling solution has introduced a $100 million fund designed to lower the barriers to entry for yield farming and lending. #Defiforall to Support Development...
Ethereum Inches Higher, Bitcoin - Lower, DOGE Leads
29.4.2021
Bitcoin price extended its upward move above the USD 56,000 level, but it struggled to clear the USD 56,500 resistance and started a downside correction. It is currently (04:30 UTC) trading below USD 55,000 and it seems like it could even test USD 53,250.
Besides, most major altcoins are still...
Bitcoin, Ethereum Correct Lower While DOGE Keeps Rallying
16.4.2021
Bitcoin price failed to stay above the USD 63,000 level and it extended its downside correction. BTC traded below the USD 62,000 and USD 61,200 support levels. It is currently (12:00 PM UTC) trading well below USD 61,000 and the bears might attempt a break below USD 60,000.
Similarly, most major...
Bitcoin price stalls as traders warn BTC could dip lower than $55K
8.4.2021
This week's drop is not "convincing," analyst Filbfilb says, echoing others' misgivings about the likelihood of a short-term bullish continuation
Bitcoin, Ethereum and Altcoins Lose Steam, Correct Lower
7.4.2021
Bitcoin price struggled to clear the USD 58,000 resistance zone. As a result, BTC reacted to the downside and traded below the USD 57,000 support. It is currently (12:00 PM UTC) showing signs of more losses and it could drop below USD 56,000.
Similarly, most major altcoins are declining. ETH...
Bitcoin and Ethereum Correct Lower, Dips Remain Supported
31.3.2021
Bitcoin price extended its rise above the USD 59,000 and USD 59,500 levels. However, BTC failed to test the USD 60,000 resistance. It tested USD 59,800 and it is currently (12:00 UTC) correcting gains.
Similarly, most major altcoins are correcting lower. ETH retreated from USD 1,860 and it is...
Bitcoin’s lower lows worry traders — But is the BTC bull market really in danger?
23.3.2021
Bitcoin bounced off $53,000 support but another leg down should not be ruled out in the near term
Bytetree Founder Believes Grayscale Should Lower Its ‘Unrealistically High’ Fee: Warns of Possible ‘Systemic Risk’
21.3.2021
The founder of Bytetree Asset Management, Charlie Morris, has suggested the reduction of the GBTC management fee as one way Grayscale Investment can ease the current selling pressure and possibly reduce the discount on the shares. Morris says if no action is taken, “the selling pressure will...
New Lower-cost Samsung Phones Feature Blockchain File-sharing Tech
19.3.2021
Galaxy A72. A series of new lower-cost Samsung Galaxy smartphones will feature blockchain technology-powered file-sharing functions that debuted on flagship models earlier this year.
Per the Segye Ilbo, the Galaxy A52, A525G and Galaxy A72 – part of the lower-cost Galaxy A series – feature support...
Validator Entry Thresholds on the Decline as Cloud-Based Staking Challenges Surmounted
12.3.2021
Through the novel use of hardware security modules in conjunction with a communication module, a collaboration between Bluzelle and Equinix will significantly reduce the barriers preventing the equal distribution of opportunities for potential proof-of-stake (PoS) node validators. Lower Cloud...
Bitcoin Still Consolidates, Ethereum and Altcoins Correct Lower
11.3.2021
Bitcoin price corrected lower from well above USD 57,000. BTC broke the USD 56,000 level and it even spiked below the USD 55,000 support. It is currently (12:30 PM UTC) recovering and is consolidating above the USD 55,000 support.
Conversely, most major altcoins extended their decline....
Bitcoin, Ethereum Moved Lower, XRP In Green
5.3.2021
Bitcoin price failed to stay in the positive zone above USD 50,000. BTC extended its decline below the USD 48,000 support zone. It even tested the USD 46,200 support zone and it is currently (05:00 UTC) struggling to start a steady recovery wave.
Similarly, most major altcoins are moving lower....
Bearish Outlook as Bitcoin’s Seven-Day Average Sinks 25%, ADA Shines During the Storm
28.2.2021
Digital currency markets have been bearish in recent days as prices have continued to sink lower. The entire market capitalization of all the crypto assets in existence is down over 8% on Sunday at $1.25 trillion. Bitcoin has plummeted from its all-time high (ATH) of $58,350 last Sunday...
Increasing stock market volatility drags Bitcoin and altcoin prices lower
27.2.2021
Growing concerns over rising U.S. Treasury yields are putting pressure on global financial markets and possibly dragging cryptocurrency prices lower
Russian Bill to Recognize Cryptocurrencies as Property Advances in Parliament
22.2.2021
Russia’s parliament has advanced the bill that proposes to recognize cryptocurrencies as property. The proposed law will provide legal protection for cryptocurrencies but income from their activities will also be subject to taxation. Cryptocurrencies to Be Considered Property in Russia...