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Stakes Get Higher As El Salvador Offered Volcanic BTC Leverage In Talks With IMF
11.6.2021
There's another unusual idea developing in the Cryptoverse which may bring another seismic shift (pun intended) - and it involves geothermal energy, Bitcoin (BTC) mining, paying of the debt to the International Monetary Fund (IMF), and raising an additional USD 1bn in some innovative ways....
Bitcoin, Ethereum and Altcoins Shoot Higher
9.6.2021
Bitcoin price formed a base above the USD 31,000 and USD 32,000 levels. BTC started a decent recovery wave above the USD 33,500 resistance. It is currently (12:14 PM UTC) trading above USD 34,000 and might attempt an upside break above USD 35,000.
Similarly, most major altcoins are recovering...
Deutsche Bank Warns: Ignoring Rising US Inflation Akin to ‘Sitting on a Time Bomb’
8.6.2021
Deutsche Bank published a report Monday noting that the United States is facing “the very real specter of consumer-driven inflation.” The bank’s chief economist David Folkerts-Landau and others notably highlight the Federal Reserve’s monetary easing policy and recent...
Alternative Mining Algorithms Reap Higher Profits Than Bitcoin Mining in 2021
4.6.2021
Cryptocurrencies have jumped quite a bit in value over the course of the year and miners who verify transactions and earn digital assets have seen significant profits. While bitcoin miners have been seeing daily profits rise, a great number of other mineable digital currencies are pulling in much...
Filipinos Can Now Cash in Crypto Without Fees Through Moneybees OTC Outlets
4.6.2021
PRESS RELEASE. With cryptocurrency adoption increasing in the Philippines, Filipino users are looking for ways to convert their digital assets into cash at an affordable rate. The Central Bank of the Philippines has recorded P76 billion (US$ 1.5B) worth of transactions processed by local virtual...
Cheap Power Is Creating a Bitcoin Mining Boom in Argentina
2.6.2021
Argentina, the ailing South American country, is experiencing a cryptocurrency mining resurgence due to artificially low power rates maintained by subsidies from the national government. This fact, alongside exchange controls and the possibility of selling obtained assets at a higher exchange rate...
Bitcoin and Ethereum Move Higher, XRP Returns Above USD 1
31.5.2021
Bitcoin price remained stable above the USD 34,000 support zone. As a result, BTC started a steady recovery above the USD 35,500 resistance. It even surpassed the USD 36,500 level and it is currently (12:20 PM UTC) showing signs of a possible move towards the USD 38,500 resistance.
Besides, most...
Bitcoin and Ethereum Inch Higher, MATIC Reclaims USD 2
26.5.2021
Bitcoin price remained well supported above the USD 36,500 and USD 37,000 levels. BTC started a fresh increase above the USD 38,000 resistance. It is currently (04:30 UTC) approaching the USD 40,000 resistance, above which the bulls might gain strength.
Similarly, most major altcoins are showing...
South Korea’s ‘Kimchi Premium’ Returns, BTC Prices Up 8% Higher Than Global Average
24.5.2021
As cryptocurrency regulation heats up worldwide, South Korean officials have been increasing regulatory discussions concerning the swelling crypto economy. While digital currency markets like bitcoin have tumbled in value in recent times, global crypto market prices have increased across the board...
Bitcoin and Ethereum Recovery Faces Hurdles, Altcoins Inch Higher
20.5.2021
Bitcoin price nosedived in the past few sessions and it declined below the USD 35,000 support. BTC even tested the USD 30,000 zone and it is currently (04:30 UTC) correcting higher. It is back above USD 39,000, but the bulls might face hurdles near USD 40,000.
Similarly, most major altcoins...
Bitcoin and Ethereum Inch Higher, XRP and MATIC Surge
18.5.2021
Bitcoin price remained stable above the main USD 42,000 support zone. BTC is currently (04:30 UTC) recovering and trading above USD 45,000. To continue higher, a decent close above USD 45,500 is a must in the short-term.
Similarly, most major altcoins are slowly moving higher. ETH is stable above...
EOS and YFI lead altcoins higher as Bitcoin and Ether bounce from swing lows
12.5.2021
YFI, EOS and REV notched double-digit rallies as altcoins capitalized on the oversold bounce in Bitcoin and Ethereum price
Bitcoin and Ethereum Move Higher, Altcoins Remain Attractive
7.5.2021
Bitcoin price remained stable above USD 55,000 and started an upward move. BTC broke the USD 56,500 resistance and it is currently (12:30 PM UTC) trading around this level. A close above USD 57,000 may possibly start a stronger increase.
Besides, most major altcoins are gaining pace. ETH tested...
‘Gold Is Clearly Being Replaced by Digital Gold’- Precious Metal Markets Spike, Strategist Mike McGlone Calls PM Action ‘Meh’
7.5.2021
Precious metals (PM) markets have been trading a bit higher in recent days, while cryptocurrency markets have been seeing gains as well. Spot gold prices have jumped to $1,805 per ounce, up more than 1.3% during the last 24 hours, while silver prices have increased by 2.5%. As PMs have gathered...
Bitcoin and Ethereum Trend Higher, ADA, BCH, EOS, and ETC Rally
6.5.2021
Bitcoin price has settled well above the USD 56,000 level. BTC is currently (12:00 PM UTC) showing positive signs and it might gain momentum above USD 58,000.
Besides, most major altcoins are trading in a strong uptrend. ETH is rising and it might accelerate higher above USD 3,500. XRP/USD...
South Korean Ruling Party Contemplates Postponing Crypto Tax in a Bid to Regain Younger Votes
4.5.2021
South Korean political parties are now battling to catch younger votes amid the tough stance among higher government spheres toward digital currencies. As voters are disappointed by how parties are handling the issue, one of them has taken a step forward by talking about the forthcoming crypto tax....
Range-bound Bitcoin price opens the door for altcoins to move higher
3.5.2021
Bitcoin remains pinned below $58,000 while Ethereum price soars to new highs and the number of ETH held on centralized exchanges falls
Altcoins just repeated a move that could launch them 27,000% higher in 2021
3.5.2021
The altcoin market cap has flipped its previous cycle high to support — and the last time that happened, it gained 27,623% in a year
Dogecoin Nears All-Time Highs, Price Launches Higher After Elon Musk’s ‘Dogefather’ SNL Tweet
2.5.2021
The infamous meme-crypto dogecoin has seen double-digit gains in recent days after Tesla’s Elon Musk tweeted about his upcoming Saturday Night Live appearance on May 8. On Wednesday, Musk tweeted “The Dogefather SNL May 8,” and a great number of people assume dogecoin will...
Bitcoin Inches Higher, Ethereum Consolidates, XRP Gains Traction
30.4.2021
Bitcoin price started a decent recovery wave above the USD 53,500 level. BTC broke the USD 54,000 level and it is currently (11:30 UTC) showing a few signs of possible more upsides. If it clears USD 55,000, the bulls might gain strength.
Besides, most major altcoins are eyeing a fresh rally. ETH...