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Avalanche, polygon limited price bounce: Avalanche (AVAX) and polygon (MATIC) initially rose about 4% during the Asia trading session, but ended up lower over the past 24 hours. Generally, most altcoins underperformed bitcoin on Monday, indicating a lower appetite for risk among crypto traders. Original Source
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Back in August, there were some dire warnings about what the Biden Administration’s proposed infrastructure bill might do to the cryptocurrency and blockchain sector by driving crypto miners out of the United States, crippling America's leadership role, etc. In response, the crypto industry mobilized a full-court-lobbying press on lawmakers. However,
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Bitcoin (BTC) hovered near $47,000 on Friday as traders took no chances on the day of the United States Federal Reserve’s Jackson Hole summit.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewEnd-of-month cold feet for Bitcoin tradersData from Cryptox Markets Pro and TradingView showed BTC/USD fluctuating in a range centered on $47,000 during
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Bitcoin traders expect a significant increase in volatility as the leading cryptocurrency continues to recoup nearly all its losses since topping out just below $20,000 in late 2017. Whether the volatility comes from increased buying or selling is a matter of disagreement. Through bitcoin’s current rally, volatility has remained low. Since
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Sony reportedly plans to host a PS5 digital event on June 3. Anyone expecting a proper console reveal should prepare to be disappointed. There’s cause for optimism, though. The showcase should feature a hefty roster of first-party games. After weeks of rumors and speculation, Bloomberg News reports that Sony
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The World Bank has predicted that the global remittance industry will retract by 20% amid the global economic slow-down resulting from the coronavirus pandemic.With a plethora of crypto firms targeting the remittance sector, the news may comprise a poor omen for many blockchain firms seeking to gain a foothold in
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Bitcoin (BTC) was challenging $9,500 on Feb. 5 as traders continued to be buoyed by bullish short-term charts.RSI exits key flashpoint Data from Coin360 and CryptoX Markets showed BTC/USD making fresh advances during Wednesday trading, gaining 3.7% on the day.At press time, the pair traded near local highs of $9,450,
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A strict new regulatory regime is dawning upon European firms handling cryptocurrency.Friday marks the deadline for the European Union’s 28 member nation-states to adopt the Fifth Anti-Money Laundering Directive or AMLD5. The new rules require crypto exchanges and custodial service providers to register with their local regulator, and demonstrate compliance
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Bitcoin (BTC) price held above $10,000 for a third day on Aug. 28 as a fresh period of sideways trading endured through the week. Market visualization. Source: Coin360Eerie calm descends over Bitcoin marketsData from Coin360 painted a fairly unremarkable picture of Bitcoin markets on Wednesday, the largest cryptocurrency trading in
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