Cryptocurrency News and Price Updates

Ethereum Ethereum is up by a very solid 27% over the past week of trading as the cryptocurrency makes its way back to the $4000 level. The cryptocurrency was trading inside an ascending triangle pattern since hitting resistance at $3350 (bearish .618 Fib) earlier in August. On Tuesday, ETH finally surged beyond $3350 to reach […]

Senator Elizabeth Warren has called crypto “the new shadow bank” in an interview with The New York Times. The interview was part of a broader article by the New York Times that discussed how Defi is disrupting the banking industry. Warren has shared her views on cryptocurrency on numerous occasions, penning a letter to Treasury Secretary Janet Yellen in […]

Binance announced launching a Tax reporting tool API. This new API tool will allow Binance users to track their crypto activities to ensure they are fulfilling the reporting requirements laid out by the regulators. This tool will be made available on the Binance website and application. CEO of Binance, Changpeng Zhao (CZ) had recently conducted a press conference […]

Cardano’s Alonzo hard fork has been successfully deployed, according to developer Input Output Hong Kong (IOHK). In a series of tweets published on July 15, IOHK said that the “network is happily making blocks already.” The Alonzo hard fork is a key moment along with Cardano’s roadmap, paving the way for smart contract functionality. The full release […]

PAC Protocol CEO David Gokhstein shared his visions on Twitter regarding the latest Bitcoin situation. Specifically, Gokhstein called the current correction in the market “super necessary” for the flagship cryptocurrency’s price to continue rising. In his opinion, the next step in Bitcoin’s price will likely be the $80,000 mark. Note that, at press time, Bitcoin […]

In an uncertain future where Bitcoin’s price might dangle close to its lows, it becomes difficult to imagine anyone profiting. Miners, however, have managed to make profits even when investors did not seem to be making surmounting gains. This was possible thanks to On-chain metrics changing their movements to create historic moments. But, does this mean that miners are […]

Bitcoiners have referred to the recent fire in the Gulf of Mexico as an example of how much Bitcoin miners’ work, who constantly seek alternative sources of energy for their rigs, is safer for the environment that traditional energy industry based on oil and natural gas. Among them is analyst Willy Woo, venture investor Anthony […]

El Salvador’s President Nayib Bukele took to Twitter on July 28, 2021, to make it clear that Salvadorans will not be compelled to use the country’s “Chivo” Bitcoin wallet. This might be to ensure that users are able to use their crypto any way they want, including participating in crypto casinos such as casino online ideal. […]

The upcoming Bitcoin difficulty adjustment has raised the question of whether this will present a buying opportunity. Bitcoin’s price was at the $34000 level based on price data from coinmarketcap.com. Bitcoin’s mining difficulty is adjusted automatically after 2,016 blocks have been mined. An adjustment of difficulty upwards or downwards depends on the number of participants in the mining network […]

Thomas Lee believes bitcoin and the crypto market need to evolve further to stop fluctuating hard after comments from powerful individuals, like Elon Musk. Bitcoin has to evolve further from this point given the fact that it fluctuates by double-digits after most Elon Musk social media engagements, argued Fundrat’s Managing Partner – Tom Lee. He […]