Polygon was up by nearly 20% to start the week, as the token rallied to its highest level since May. Today’s surge comes as crypto markets were mostly in the green, with avalanche also hitting multi-week highs, and as of writing, is up by over 10% on the day. Polygon (MATIC) Polygon (MATIC) was one…
Read more
Sam Bankman-Fried (SBF), founder and CEO of major crypto exchange FTX, argues that the world didn’t learn many lessons from the COVID-19 outbreak, and new possible pandemics are the biggest issue that could potentially threaten the markets in the next 5 to 10 years…. Read More: Pandemic is the Biggest Threat to Markets in the…
Read more
Heather Morgan, who was charged over laundering USD 4.5bn worth of bitcoin (BTC) stolen from the Bitfinex crypto exchange, won court approval to seek a new job while her case proceeds. According to a Bloomberg report, a US judge has approved Morgan’s request to modify the conditions of her pre-trial release so that she “may…
Read more
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…
Read more
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,…
Read more
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…
Read more
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…
Read more
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…
Read more
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,…
Read more
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…
Read more
