As cryptocurrency adoption enters a mainstream stage, traditional financial services platforms are trying to adapt to the changing financial ecosystem. To maintain their importance in this industry, payment processors like Mastercard and Visa intend to use their large client base and international reach to attract both government and private entities when they are testing their...Read More
Going through the recent week and touching the $40K mark, there are some promising signs in on-chain data that could lead to a further price recovery in the market. However, some metrics still make an immediate rally back to the all-time high a questionable probability. Let’s explore the bull and the bear case for Bitcoin’s...Read More
Leading cryptocurrency exchange Binance has completed the integration of Polygon mainnet to support deposits and withdrawals of the mainnet token of the Ethereum-scaling network. Binance Now Supports MATC Mainnet Token According to a press release shared with CryptoPotato on Friday, Binance users will now be able to make deposits and withdrawals with the MATIC mainnet token. ...Read More
After weeks of prolonged consolidation and choppy sideways action in a very squeezed and narrow range, Bitcoin finally broke out. Fortunately, it was to the upside. Over the past week, BTC is up by a considerable 20%. At the time of this writing, it’s trading at around $39K, having pulled back slightly from the psychological...Read More
The NASDAQ-listed software giant MicroStrategy has seen a total impairment loss of nearly $700 million in Q2 2021 from its massive bitcoin investments. As this is only on paper, though, the company pledged to double down on its BTC strategy and continue to accumulate more. MicroStrategy’s Q2 BTC Impairment Loss Michael Saylor’s brainchild has become...Read More
As the crypto market recovers, the flagship crypto is still acting in resistance and several alts are witnessing a great run. It is obvious that BTC’s bullish action paves way for altcoins to surge. But, this time even as BTC struggles to propel some altcoins are performing great. The last weeks saw the surge of...Read More
Bitcoin price has again stooped below the psychological $40000 level and retraced back to $38700 level. But, this dip was well expected and is crucial for BTC to make higher highs in the near term. This just indicates that bulls are fighting off to start a bull rally. Popular Analyst Micheal Van De Poppe says,...Read More
Bitcoin Bitcoin saw an impressive 20% price hike this week as it reached the $40K resistance level. The cryptocurrency penetrated above a descending wedge formation last Thursday and continued above the 20-day MA level last Friday. Since breaking the wedge, BTC surged higher inside an ascending price channel as it broke the 50-day MA level...Read More
BTC’s recent 9 daily candle streak to the upside has been very impressive. We have been tracking the third-largest BTC whale wallet and found interesting activity and signals. The whale entity, at one point, held over 116,841 BTC. Its current total BTC holdings stand at 113,841. The recent sales from this address since April 2021...Read More
Investing in a meme coin like Dogecoin is like putting your funds on red or black in a casino, said the popular investor – Kevin O’Leary. He went even further in a recent interview, indicating that it has no inherent value and should be classified as pure speculation. O’Leary: Dogecoin is Pure Speculation The meme...Read More
The world’s leading cryptocurrency exchange has announced that it will cease providing futures and derivatives products in three European countries. Users from the Netherlands, Italy, and Germany have three months to close their positions. According to an announcement from July 30th, customers from the aforementioned countries cannot open new futures accounts on Binance with “immediate...Read More
Sweet, an enterprise NFT solutions provider, has recently partnered with the American professional basketball team, New York Knickerbockers, popularly known as the New York Knicks, to create a limited edition NFT pack. According to the official announcement, the New York Knicks will be commemorating the 2020–2021 basketball season with a collection of 5 Limited Edition...Read More
After gaining $6,000 in a few days, bitcoin’s price has calmed around the coveted $40,000 mark. Some alternative coins have outperformed their leader in the past 24 hours with notable gains from XRP, UNI, LINK, and SOL. SOL Rises 14% as ETH Touches $2.4K The past several days have been highly bullish for the alternative...Read More
[PRESS RELEASE – Please Read Disclaimer] The launch of Decentralized Finance was big news for the crypto community because people could enjoy financial independence outside the forex trading market. However, DeFi was pretty much limited until some time ago. If we had to describe DeFi projects in a single word, that would be “incomplete”. Most...Read More
Six years ago today, Vitalik Buterin and Dr. Gavin Wood introduced Ethereum to the world. With average daily transactions at more than one million and the second largest market cap, Ethereum has changed crypto forever. While we have a soft spot for bitcoin, we also love ETH and appreciate the role it plays in the...Read More
According to data from on-chain analytics provider Glassnode, Bitcoin exchange balances have dropped to the lowest levels since the deep crypto winter of late 2018. Market analyst, Will Clemente, has observed the metric noting there have been two more large outflows over the past 24 hours. “Two massive outflows today: one worth 23,530 BTC this...Read More
The legal battle between the Securities and Exchange Commission and Ripple has finally reached a conclusion. Since December 2020, Ripple has been battling the lawsuit. Claiming that its XRPs are utility tokens, outside the reach of US regulators. XRP Price, on the other hand, has been a clear outperformer. Jeremy Hogan Suspects “Strange Things” Many...Read More
