Bitcoin price was able to start a more robust increase above the USD 21,200 level and cleared the key USD 22,000 resistance zone. BTC is currently (11:52 UTC) trimming gains near USD 22,100 and is up more than 3% in a day and 6% in a week. Similarly, most major altcoins are moving higher. ETH…
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Vladimir Putin, the president of the aggressor state of Russia, has signed a new law that will ban the use of cryptoassets and other “digital assets” in the payments space – even though crypto pay is already illegal in the country. The use of cryptocurrencies as a means of payment was prohibited in January 2021,…
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Liquidations of leveraged short positions in Ethereum’s native token ETH surged over the weekend along with a strong move above the key USD 1,300 price level as sentiment in the ETH market improved markedly…. Read More: Massive Liquidations Push Ethereum Higher as the Nearing Merge Boosts Sentiment Read more »Pay, Trade, Buy Bitcoin with Credit…
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The crypto industry has endured some infamous bear markets, and the 2022 downturn will be remembered for its acid test of decentralized finance platforms and over-leveraged trading. Grayscale Investment’s latest Insight report provides interesting food for thought, pinning the start of the current bear market in June 2022, which could last another 250 days if previous market…
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The total market capitalization for all of the cryptocurrencies has surged past $1 trillion in a day of big green candles. Bye bye Monday blues, hello bullish news – the total crypto market capitalization has retaken the $1 trillion level. The crypto market cap is now almost as valuable as all the silver on the…
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Indian finance minister reiterated RBI’s stance on the crypto market, claiming it’s driven by speculation. Indian finance minister Nirmala Sitharaman has called for global collaboration on cryptocurrencies, assessing their pros and cons to form a common standard and taxonomy. Addressing a question on cryptocurrency in the Lok Sabha, the lower house of the Indian parliament,…
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The rally has pushed ETH price toward strong resistance levels, increasing its pullback risks against Bitcoin. Ethereum’s native token Ether (ETH) has successfully avoided a bearish technical setup to reach a two-month high against Bitcoin (BTC). ETH price bear flag invalidated The ETH/BTC pair invalidated its prevailing “bear flag” pattern after Ethereum developers announced this…
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The Dutch central bank said that the Binance crypto exchange had a “very large number of customers in the Netherlands.” Major global cryptocurrency exchange Binance is facing a penalty in the Netherlands after failing to obtain regulatory approval to operate in the country. The central bank of the Netherlands (DNB) has fined Binance Holdings 3.3…
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A South African regional court recently ruled to release former Monero lead maintainer, Riccardo Spagni, from custody. The ruling came just a few days after his arrest by local law enforcement agents, a report has said. Prior to his release, Spagni aka Fluffypony told the court he had returned to South Africa voluntarily and that…
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A survey published by Globant, a software development firm, and Yougov, found that most gamers believe that metaverse will change the gaming industry in a positive way. The survey, which consulted the opinion of 1,000 PC, console, and mobile gamers, also found that most gamers are still uncomfortable with advertising on the metaverse and that…
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