Bitcoin price started a strong upward move after it broke the USD 40,000 resistance. BTC was able to clear the USD 44,000 resistance and is currently (12:44 PM UTC) showing positive signs above USD 44,300. Similarly, most major altcoins might continue to rise. ETH surpassed USD 2,900 and is possibly preparing for a move…
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Bitcoin surged to $44,000 overnight on March 1 after a Monday rise produced surprising results. Bitcoin has gone on a tear in the last day or so, gaining over $6,000 and breaking beyond $40,000 for the first time since the Russian-Ukraine conflict began. The majority of altcoins saw significant gains as well, with Ethereum approaching…
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Bitcoin price broke the main USD 40,000 resistance to start a strong uptrend. It is currently (04:02 UTC) trading near USD 43,200 after briefly spiking to almost USD 44,200. Similarly, most major altcoins are gaining bullish momentum. ETH was able to clear the USD 2,750 and USD 2,850 resistance levels. XRP surpassed USD 0.75,…
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While small-scale investors continue to flood into Ethereum, the supply of ETH that was last active 7 years ago remains unsold. Ethereum Whales Wallets Remain Inactive According to statistics from the Glassnode data aggregator, small-scale investors are actively acquiring Ethereum, the second largest crypto on the market, while 7.6 million ETH that were last active…
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Bitcoin price made a few attempts to clear the USD 39,000 resistance but corrected lower and is now (13:53 UTC) trading near USD 38,000. Similarly, most major altcoins are facing important hurdles. ETH must clear USD 2,880 and then USD 3,000 for a mid-term trend change. XRP could continue to face hurdles near USD 0.80.…
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Amid the conflict in Ukraine with Russia, bitcoin trade volumes tied to Russian ruble pairs have surged in recent days. Metrics recorded by the crypto analytics provider Kaiko indicate that ruble (RUB)-denominated bitcoin volume reached close to 1.5 billion rubles four days ago, on February 24. Data also shows that bitcoin-ruble pairs saw a significant…
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Bitcoin price gained pace for a move above the 38,500 resistance zone. BTC attempted an upside break above USD 39,500 and USD 40,000 but corrected lower as Russia’s president Vladimir Putin put Russia’s nuclear deterrent on high alert on Sunday in the face of a barrage of Western reprisals for his war on Ukraine. …
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The total value locked in decentralized finance (defi) has managed to jump above the $200 billion zone, as crypto markets have rebounded from the market downturn last week. A number of native assets from the $611 billion worth of smart contract protocols have seen double-digit gains with cypherium (CPH), counterparty (XCP), and terra (LUNA) leading…
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It’s getting cheaper to send ethereum these days as the gas price to push a transaction is more than 80% less expensive than it was to transact with ether 48 days ago on January 10. On that day, Ethereum network fees were around $52 per transaction and today, the average transaction fee is $10.26 per…
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The massive move upside had MIR form a golden cross Mirror Protocol, a decentralized finance (DeFi) protocol built on the Terra blockchain, was hit by one of the biggest collapses in financial history this week after Vladimir Putin ordered military strikes against Ukraine. Terra tokens rally Mirror Protocol’s native token, MIR, dropped to $0.993 on…
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