Bitcoin is now trading at twice the price it reached during the March crash, having added 10% in one day and left stocks in the dust. Bitcoin (BTC) tested support at $7,500 on April 24 after a surprise surge saw the cryptocurrency beat out resistance and reliance on stocks. Cryptocurrency market daily overview. Source: Coin360 […]
Continue Reading
Bitcoin price finally set a higher high, leading traders focus on $8,000 as the next hurdle to overcome. After trading in the $6,900 to $7,250 range for more than 19 days, Bitcoin (BTC) price finally managed to pierce the $7,250 resistance in a high volume surge which resulted in the liquidation of nearly $70 million […]
Continue ReadingCurv has launched a software-based custody product allowing secure signing via multi-party computations protocols from offline devices. Curv, a Tel-Aviv and New York-based digital asset security platform, has launched Curv Air Gap — an institutional transaction signing solution that uses multi-party computation, or MPC, protocols on offline devices. The launch comes roughly one week after […]
Continue Reading
Blockchain technology is becoming more and more common in the traditional finance market with stablecoins and CBDCs — could these bring stability for the crypto industry? Stablecoins have become widely popular in the digital currency industry because they don’t have the volatility associated with other cryptos like Bitcoin (BTC) for instance. Despite their popularity, the […]
Continue Reading
Some crypto analysts and experts believe the ETH 2.0 revamp will transform DeFi and trigger a major bull run. With the first phase of Ethereum 2.0 due to launch within months, some analysts and experts believe it could trigger a major bull run and transform finance as we know it. Adam Cochran, a partner at […]
Continue Reading
The drop in oil prices is now negatively impacting the stock market, leading crypto investors to worry about the future of Bitcoin price. The shockwaves from yesterday’s explosion in the oil markets continued to damage oil prices and shrapnel from the blast caused damage to equities today as U.S. markets closed in the red after […]
Continue Reading
Tezos and Chainlink each gained more than 150% since Black Thursday outperforming Bitcoin and just about everything else. Any discussion over the current price action in the crypto market is likely to include some reference to Chainlink (LINK) and Tezos (XTZ). Both have seen some of the most volatile and massive flows of the past […]
Continue Reading
The black gold tanks to lows almost unseen since WTI contracts began in 1983, while Bitcoin remains broadly steady at $7,000. A single Bitcoin (BTC) now buys over 600 barrels of crude oil as an unprecedented sell-off takes BTC purchasing power sky high. According to data from monitoring resources including Bloomberg on April 20, futures […]
Continue Reading
A survey found twice as many people use central bank digital currencies than decentralized cryptocurrencies. Crypto.com and The Economist teamed up to survey more than 3,000 consumers on issues concerning crypto assets. The survey found far greater trust in central bank digital currencies, or CBDCs, than decentralized cryptocurrencies — indicating that crypto is still yet […]
Continue Reading
Stablecoin holds are at a record high totaling over $7.6bn does this make you bullish or bearish? It’s been another bullish week for Bitcoin (BTC) as the price surged past the critical $7,200 resistance, as mentioned in last week’s analysis, all the way to $7,300. However, the price has corrected slightly and is now sitting […]
Continue Reading