Top cryptocurrencies start today with a bullish attitude. However, failure to overpower the day’s pivots will have the virtual assets hitting their support level. Ethereum Ethereum declined by 4.55% yesterday, Tuesday. That saw the leading altcoin reversing Monday’s 2.52% surges. That way, ETH traded at $3,172.5 as Tuesday ended. Meanwhile, mixed early sessions yesterday had…
Avalanche (AVAX) is among the few digital coins trading high on Wednesday. The altcoin has managed to gain more than 11% since yesterday. Such a move comes as most alts struggle to recover their losses. While writing this content, AVAX/USD trades near $52.60. Now, why is the token rising even when other assets battle dips?…
When it comes to cryptocurrencies, Coinbase Global (COIN) is the leader in this business. What are your thoughts on Coinbase’s share price after its famous IPO? Should you buy or sell on the current crazy stock market? Coinbase IPO stock After rising 72% to $429.54 on its first day of trading, Coinbase shares closed up…
As per the latest reports, the regulatory authority based in Ontario, Canada has alleged the operator of OKEx for violation of securities. The regulatory authority that has taken action against OKEx’s operator is the Ontario Securities Commission (OSC). The name of the operator responsible for operating OKEx is Aux Cayes FinTech Company Limited. The report…
After Dogecoin’s weekend losses, the meme crypto has to reclaim the $0.32 zone for upside moves. If the asset fails to revisit its Sunday highs, DOGE will have its actions in the red again. Dogecoin had its value dropping by 0.60% on Sunday’s early sessions. After Saturday’s 3.24% plummets, the themed token ended its week…
Briefly – ETH has seen its price rising by almost 100% since last month. Ethereum has had its movements confined in an ascending price channel. The 20 MA has acted as a support for more than three weeks. Is ETH targeting $4,000? Ethereum (ETH) has ridden bullish waves since the London upgrade. The leading alternative…
Top coins see mixed reactions today following Thursday’s market movements. Bitcoin has to overpower the $48,000 level to return to the $50,000 mark. Bitcoin Thursday had BTC-USD rising by 4.57%. With Wednesday’s 0.06% surge, BTC traded at $46,765 towards the end of the day. Meanwhile, early sessions yesterday witnessed Bitcoin falling to morning lows of…
The latest reports coming in from the Chinese cryptocurrency sector reveal that the Chinese regulatory authorities are growing more aggressive against crypto-firms. However, it has been clarified that the Chinese regulators are now going after cryptocurrency firms that are running illegal operations in the country. The sources revealed that it is the People’s Bank of…
Cardano’s native ADA token continues its price rally today as work on the stablecoin’s “Alonzo update” continues and a new document describing the technical foundation of the Cardano-based stackable coin is released. Today, Thursday (11:09 UTC), the ADA is trading at $2.12, up 5.1% in the past 24 hours. Recent activity means that the token…
Just recently, Kakao an internet giant from South Korea has expressed its intentions of expanding its blockchain network out of the country. Kakao is famously known for hosting a blockchain network going by the name Klaytn. The firm recently announced that it plans to go for global expansion, which is one of the top agendas…
Former IRS Director Greg Mohan Karan Leng has been replaced by Binance Financial Services Manager. The exchange announced Wednesday that Binance Exchange Cryptocurrency has already hired a US treasurer to oversee the work of combatting Money Laundering. Mohan spent nearly 20 years in the Treasury’s criminal investigation department before replacing Kareena Ling as head of…
Dogecoin (DOGE) extends its steady rises throughout Tuesday morning sessions. The altcoin managed to recover the recent losses that had it dipping towards $0.30. With the support from fundamentals, the canine-themed crypto might see higher prices. While writing this content, DOGE/USD trades near $0.32. The meme coin started its uptrends over last week’s sessions due…
As per the latest reports, TaxBit has made an announcement in regards to a successful funding round. TaxBit is prominently known as a developer for cryptocurrency tax software, which is based in the United States. Although TaxBit is a startup, it is already among the list of crypto-unicorns. Just recently, the firm has concluded funding…
The crypto market today had prices falling as Bitcoin traded beneath the $47,000 mark. According to CoinDesk, BTC has its value dropping by 3% due to the previous sluggish sessions. That had the leading crypto trading around $46,231 at this publication. However, BTC still trades 59% on YTD. Ether, Ethereum network native coin traded lower…
According to a spokesman, the reduced burn cost is a “natural response” to the previous month’s market patterns. The number of Huobi tokens burnt by Huobi Global back in July suggests that the cryptocurrency exchange’s income dropped. According to the platform, the overall sum of Huobi Token burnt decreased by 54 percent from June to 22.3 million dollars….
Insurance businesses and financial firms may be obliged to rationalize and explain every bitcoin-related investment. Israel’s Capital Market, Insurance, and Savings Authority is forcing insurance companies and financial institutions to document and validate any bitcoin investments. The authority described bitcoin as a financial tool with no inherent value in a letter delivered to establishments underneath its The…
Over the course of time, as the demand and adoption rate for Bitcoin (BTC) has increased, its mining difficulty has also surged. However, the mining difficulty rate ended up taking a dip when the Chinese regulators decided to take matters into their own hands. It was in mid-May when the Chinese regulatory authorities proceeded with…
This is the first comprehensive merging of two public blockchains. Polygon, an Ethereum blockchain “layer 2” network, is combining with Hermez Network together in 250 million MATIC transaction worth about 250 million dollars at the MATIC token’s new valuation. Hermez will be integrated into the Polygon environment as Polygon Hermez, and would be a component of Polygon’s product…
Briefly – Ethereum challenges BTC’s dominance as the crypto market cap exceeds $2 trillion, the highest since May. Cardano follows ETH close as it awaits its smart contract upgrade, ADA surged to $2. Fans suggest the Polkadot and Solana are technically cutting-edge than Ethereum, their rival. For now, Ethereum dominates the NFT (non-fungible token) marketplace,…
Bitcoin is rising over the 200 day Trend Line, but it is facing critical levels of resistance that should be overcome. Bitcoin and the cryptocurrency market have risen tremendously in previous weeks, with Bitcoin increasing by 60 percent from its July low points, while Ether has shown resilience with a 90 percent increase, while altcoins have…
