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Bitcoin Rallies Above USD 56K while Ethereum & Altcoins Consolidate
11.10.2021
d it might start a fresh increase. XRP is trading above USD 1.15, but it is facing hurdles near USD 1.20. ADA broke the USD 2.20 resistance, and it might rise towards USD 2.32.Total market capitalization Source: https://www.tradingview.com/Bitcoin priceAfter a close above US
Dapper Labs Partners With Chainalysis to Curb NFT-Based Money Laundering
8.10.2021
Dapper Labs, one of the most successful companies in the NFT space, has partnered with Chainalysis, a blockchain intelligence company, to increase its compliance profile in the NFT business. The company will use Chainalysis insights to have a better understanding of each one of the transactions...
Bitcoin Leads, Ethereum, Altcoins Show Mixed Results
6.10.2021
bly start a fresh increase. ETH must settle above USD 3,550 to continue higher towards USD 3,700 or even USD 3,750. Similarly, XRP could accelerate higher if there is a close above USD 1.08 and USD 1.10. ADA is still facing a strong resistance near USD 2.32.Total market capitalizationSour
Dollar Dips Below One-Year High After Payrolls Test Increase
5.10.2021
Tuesday witnessed the US dollar falling below its one-year high against major peers. The primary reason behind the dip is traders keenly waiting for the US payrolls data. The information is key to assessing Fed’s tapering decision and interest rate hikes. Contrarily, the AUD maintained...
Kevin O’Leary: ‘My Crypto Exposure Is Greater Than Gold for the First Time Ever’
5.10.2021
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has revealed that he has more crypto exposure than gold for the first time. He hopes to increase his crypto allocation to 7% in the next few months, emphasizing: “I don’t see a situation where crypto’s ever going...
Bitcoin’s Mining Difficulty Continues to Rise: 37% More Difficult to Mine BTC Than 3 Months Ago, Difficulty Nears 20 Trillion
4.10.2021
Bitcoin’s hashrate has been climbing steadily over the last three months and rose more than 40% after the network’s hashpower was below 90 exahash per second (EH/s) on July 5. The trend has led to a consecutive run of five bitcoin mining difficulty accruals with another increase...
Kyrgyzstan Raises Electricity Rates for Cryptocurrency Miners
3.10.2021
The government of Kyrgyzstan has recently revised its electricity tariffs for various groups of consumers. Authorities in Bishkek have raised the rates at which crypto mining businesses buy power citing the energy-intensive nature of the coin minting process. Crypto Miners in Kyrgyzstan to Pay More...
Crypto Miners Blamed for Power Supply Deficit in Kazakhstan, Government Mulls Restrictions
3.10.2021
Kazakhstan is facing electricity shortages and cryptocurrency mining has been singled out as the main culprit. Amid an ongoing crackdown in China, the Central Asian nation has become a magnet for crypto miners who are taking advantage of its low electricity rates. Republic of Kazakhstan Sees...
Risk-averse Ethereum traders use this options strategy to increase exposure to ETH
3.10.2021
The Iron Condor options strategy gives risk-averse traders a safer way to profit from a potential $3,400 to $5,400 ETH price
Billionaire Orlando Bravo Owns Bitcoin, Says ‘It Will Increase Significantly, I’m Very Bullish’
1.10.2021
Orlando Bravo, the billionaire who co-founded private equity firm Thoma Bravo, says he is very bullish on bitcoin, expecting the cryptocurrency to “increase significantly.” He described: “Crypto is just a great system. It’s frictionless. It’s decentralized....
Algorand launches virtual machine to increase smart contract capabilities
29.9.2021
The platform introduced the long-awaited functionality for smart contracts during the recent Alonzo hard fork
Indonesia Will Not Ban Cryptocurrencies Like China, Minister Says as Crypto Trade Soars
25.9.2021
Authorities in Indonesia do not intend to follow China’s example of imposing an outright ban on cryptocurrencies, a government official said, noting the country will limit itself to ensuring they are not used in illegal activities. The statement comes after local crypto exchanges registered...
USDC Market Capitalization Hits $30 Billion — Stablecoin Adds $10 Billion in 4 Months
25.9.2021
As of September 25, 2021, there’s $129.3 billion worth of stablecoin assets in existence which represents 6.54% of the crypto economy. The second-largest stablecoin by market valuation, USDC, has seen its capitalization increase a great deal, rising more than $10 billion in 125 days. Since...
Bitcoin Corrects Gains After Testing USD 45K, Ethereum Moves Back Towards USD 3K
24.9.2021
ards USD 3,175 before it dipped below USD 3,100. XRP is struggling to settle above the USD 1.00 pivot level. ADA could extend its increase above USD 2.35 and USD 2.40.Total market capitalizationSource: https://www.tradingview.com/Bitcoin priceAfter a close above USD 43,500
Crypto.com to Increase Its Insurance Coverage
21.9.2021
Crypto.com finally announced the expansion of the total coverage of insurance to $750m after increasing the insurance policy coverage under Arch Underwriting at Lloyd’s Syndicate of 2012. The renewed insurance policy of Crypto.com will make the platform the biggest and most popular insurance policy...
Institutional investors increase their crypto holdings for 5th straight week
20.9.2021
Despite the recent selloff in the crypto markets, institutional managers have been quietly turning bullish over the past month
Bitcoin Hashrate Climbs 128% Over 83 Days, Network’s Mystery Miners Disappear
19.9.2021
Bitcoin’s hashrate has been climbing higher during the last two weeks, hitting 174 exahash per second (EH/s) on two occasions since June 28. Currently, Bitcoin’s network hashrate is coasting along at 158 EH/s, up 128% since the low 83 days ago when it hit 69 EH/s. Meanwhile, unknown...
Valuation of Stablecoin DAI Market Swells — DAI Market Cap Increased More Than 800% in 12 Months
18.9.2021
Recently Bitcoin.com News covered the stablecoin tether and how the crypto asset’s market valuation jumped more than 1,500% in just over 500 days. In addition to this exponential increase, the decentralized stablecoin DAI’s market capitalization has also swelled significantly...
Bitcoin and Ethereum Consolidate, SHIB Surges
17.9.2021
" rel="noopener noreferrer" href="https://www.tradingview.com/symbols/ETHUSD/">ETH corrected lower towards USD 3,500 and it is now facing resistance near USD 3,600. XRP might start a stronger increase if it clears the USD 1.12 resistance. Similarly, ADA is still failing to clear USD 2.50
Bitcoin, Ethereum and Altcoins Try to Gain Bullish Momentum
16.9.2021
ETH is trading above USD 3,600 and it could even clear the USD 3,650 level. XRP could start a steady increase if it clears USD 1.12. ADA must settle above USD 2.50 for a sustained upward move.T