Cryptocurrency Analysis and News Portal
On March 23, Bitcoin (BTC) price recovered the $28,000 support after a brief correction below $27,000. The movement closely tracked the traditional financial sector, particularly the tech-heavy Nasdaq Index, which gained 2.1% as Bitcoin surpassed the $28,000 threshold.On March 22, the Federal Reserve raised its benchmark interest rate by 0.25%,
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The official Arbitrum airdrop page crashed right after the claiming process began around 9 a.m. EST. Some users still managed to claim it through alternative methods like Arbiscan. In the first two hours, the market witnessed a massive sell-off of the token as its price declined from over $10.29 to
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Bitcoin (BTC) accounts for more of the total value of cryptocurrency than at any time since June 2022.The latest data from TradingView shows that Bitcoin market cap dominance is nearing 46% — its highest in nine months.New dominance "spike" hints at trend change to comeThe latest knock-on effect from this
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"If judges turn more favorable, then there is the chance that GBTC Trust shares can be converted into an ETF. In that case, the discount in GBTC shares relative to the fund's net asset value could be quickly arbitraged away, and that's why GBTC shares are rallying now," Markus Thielen,
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EOS blockchain recently announced plans to incentivize its developer community in anticipation of the launch of the Ethereum Virtual Machine (EVM), scheduled for next month. The price of EOS has increased by nearly 8% in the past week. EOS to give $50,000 in incentives ahead of EVM launch The EOS blockchain, launched
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The United States equities markets made a strong recovery this week but Bitcoin (BTC) failed to follow suit. This means that cryptocurrency investors stayed away and could be worried by the ongoing problems at Silvergate bank. These fears could be what is behind the total crypto market capitalization dropping to
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Neal Stephenson, ostensibly the first to coin the term “metaverse,” issued his opinion about the future of the adoption of virtual worlds. The sci-fi writer and co-founder of Lamina1, a blockchain metaverse company, believes that building experiences that millions of people consider worth having in virtual worlds is quite difficult,
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The cryptocurrency markets and the United States equities markets witnessed profit-booking this week as the macroeconomic data hinted toward continued rate hikes by the Federal Reserve. Bitcoin (BTC) is down more than 4% and the S&P 500 fell 2.7% to record its worst week of the year. The CME FedWatch Tool
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The Dow Jones Industrial Average fell for the third consecutive week but Bitcoin (BTC) price decoupled and is on track to close the week near the strong overhead resistance at $25,211. This suggests that the wider crypto market recovery is on a strong footing.After Bitcoin’s sharp rally from the lows,
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A Bitcoin (BTC) price indicator has flashed green for just the fourth time ever this week in a major warning to bears.In a tweet on Feb. 16, crypto market analyst Mohit Sorout announced that the Dollar Cost Average (DCA) Indicator was now “suggesting a raging bull market.”DCA breakout last preceded
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