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Bitcoin (BTC): the Crypto King Is Still Giving Higher Returns!


BTC is a flagship product in the crypto industry and the first to make an everlasting impact despite its energy consumption becoming larger than countries. BTC’s adoption and acceptance by a large number of merchants have helped develop a strong ecosystem. Furthermore, the energy consumption...

AMP Faces Resistance at Higher Levels; Profit Booking Mode!


AMP token offers something unique and new, a form of collateralizing token that comes with verifiability and assurance for any sort of funds transfer. It provides a special form of collateral partitions and managers, introducing a concept of predefined strategies under which tokens can be staked...

Bitcoin and Ethereum Correct Gains, SOL Inches Higher


Bitcoin price failed to stay above the USD 62,500 support zone and is now (14:18 UTC) correcting its gains.  Besides, most major altcoins are also moving lower. ETH failed to test USD 4,650 and corrected below USD 4,500. XRP broke the USD 1.20 resistance but failed to stay above this level. ...

NEM Once Again in Action; Can XEM Reclaim Higher Position?


Despite being down by close to 80% from its March 2021 highs, the XEM token has maintained its position in the top 100 cryptocurrencies. It holds the 75th position and a circulating market capitalization of $1.86 billion. NEM or New Economy Movement tracked its inception to 2015 when its main...

Bitcoin and Ethereum Struggle, SOL and SHIB Move Higher


Bitcoin price failed to gain momentum above the USD 62,500 and USD 62,650 resistance levels. As a result, BTC started a fresh decline below the USD 61,200 support. It is currently (04:33 UTC) trading above USD 61,300 and it might continue moving down. Besides, most major altcoins are also moving...

Taxes, Higher Electricity Rates Coming for Russian Bitcoin Miners - Lawmaker


The parliamentarian charged with creating Russia’s crypto regulation has hinted that crypto mining tax could be coming – while the days of rock-bottom energy prices for miners across the whole CIS region appear to be coming to an end. Per Finworld, Anatoly Aksakov, the head of the State Duma’s...

First Bitcoin ETF Opens Up, CME Futures Spike Higher


The first exchange-traded fund (ETF) backed by bitcoin (BTC) futures contracts went live today on the NYSE Arca exchange. And judging from the first few minutes of trading, the new ETF received a warm welcome in the market. Launched by ETF issuer ProShares, the ETF with the ticker BITO went live...

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