Bitcoin price started a steady increase above the USD 38,000 resistance. BTC even traded above the USD 38,800 but faced sellers near USD 39,200. It is currently (04:19 UTC) consolidating, with a strong support near USD 37,800. Similarly, most major altcoins are showing positive signs. ETH spiked above USD 2,800 and holding gains above USD…
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The Israeli-American musician has been a long-time supporter of crypto, and says he will accept payments in a number of cryptocurrencies including BTC, ETH, and LTC for the sale of his $13.5 million Nevada mansion. Rock legend Gene Simmons says he will accept crypto payments for the sale of his $13.5 million mansion in Las…
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“It’s a major step forward in multi-chain governance systems,” said the team at Aave. On Monday, the first cross-chain governance proposal passed on decentralized finance, or DeFi, borrowing and lending platform Aave (AAVE). According to DeFi Llama, the amount of total value locked on Aave is approximately $12 billion. As told by its developers, a proposal…
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On February 1, the blockchain infrastructure firm Consensys has revealed it has acquired the Ethereum-based wallet Mycrypto and plans to merge the wallet into Metamask. The price Consensys paid for Mycrypto was not disclosed but the announcement notes that the acquisition will “further improve the security of all the products.” Consensys Obtains Mycrypto Ethereum Wallet,…
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The crypto asset and exchange-traded fund (ETF) manager Wisdomtree has revealed the company is launching a new digital wallet called Wisdomtree Prime, which will allow users to hold crypto assets, blockchain-enabled funds, tokenized versions of commodities like gold, and access to stocks or bonds based on Wisdomtree’s indexes. Wisdomtree to Launch Prime Wallet in Q2,…
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Despite the large burn value, the network is still inflationary until its PoS transition scheduled for Q2 or Q3. According to blockchain data from Nansen Analytics on Tuesday, over $1.096 billion worth of Ethereum (ETH) has been burned in the past month. With the introduction of the EIP-1559 last August, a portion of fees is…
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Cryptocurrencies traded higher to start the month of February, as markets look to forget January’s red wave. ETH is trading close to 10% higher as of writing, with bitcoin gaining almost 4% today. Bitcoin Bitcoin, which fell by as much as $16,000 last month, has recently started to regain some steam, climbing by over 11%…
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Bitcoin price settled above the USD 38,000 level and extended rally. BTC even climbed above the USD 38,800 level, but upsides were limited above USD 39,000. It is currently (11:56 UTC) consolidating and eyeing more gains above USD 38,500. Similarly, most major altcoins are trading in a positive zone. ETH spiked above USD 2,750,…
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Bitcoin price remained well bid above the USD 36,500 zone. As a result, BTC started a fresh increase and broke the USD 38,000 resistance. It is currently (04:16 UTC) trading above USD 38,600 and is eyeing an upside break above USD 38,800. Similarly, most major altcoins are showing positive signs. ETH gained pace for…
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Bitcoin price failed to continue higher and remained below USD 47,000. BTC is currently (04:53 UTC) consolidating above USD 46,000. If there is a downside break, the price could decline to USD 43,500. Similarly, most major altcoins are struggling to recover. ETH is facing resistance near the USD 3,850 level. XRP is now trading…
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