Cryptocurrency Analysis and News Portal
The altcoins including Ethereum (ETH), XRP and Binance coin (BNB) have also seen gains this week, contributing to the crypto market rebound.Bitcoin (BTC) price is up by 10%, leading a crypto market rebound, after suffering a drastic fall last week. The biggest cryptocurrency lost 18.3% of its value last week,
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It’s as reliable as the changing of the seasons: another year, another Earth Day, and another misguided missive about crypto’s outrageous energy consumption.Last week, the New York Times published a piece that sought to remind readers of the “astonishing environmental costs” of cryptocurrency mining. It was a prime example of
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Asia’s no slouch when it comes to environmentally friendly initiatives in its blockchain industries. From institutions wanting carbon neutral Bitcoins, to tokenizing carbon credits — these are the latest green crypto trends in this region. In the DeFi space, Conflux launches a new platform that aims to bridge the gap between ecosystems
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In summary:Bitcoin has had 6 consecutive green months in terms of monthly returnsBitcoin just had its best Q1 performance since 2013BTC has also traded for 30 days straight above $50kApril and May are historically known for being green months for BitcoinThe King of Crypto, Bitcoin (BTC), has just closed its
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It’s been another great week for altcoins as the total market capitalization of all cryptocurrencies moves within spitting distance of the $2 trillion mark.And it’s been equally positive for the Cryptox Markets Pro platform, which tracks crypto market conditions and real-time headline news in the blockchain industry to deliver market
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Already a hotbed for sustainable finance, Asia is poised to become even more so as China makes green finance a national priority for 2021 and the next five years. In a speech titled “Make Full Use of China’s Monetary Policy Space and Promote Green Finance” at the recent Roundtable of China
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Tesla announced on Monday it had purchased $1.5bn worth of Bitcoin, which boosted the entire cryptocurrency sector. However, some criticized the move due to the added financial risk this imposed on the automaker. Today the BBC joined in with the criticism by saying this undermines Tesla’s environmental credentials. “Critics say electric-car firm
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Bitcoin price started a fresh increase above the $32,500 and $33,500 resistance levels against the US Dollar. BTC is showing positive signs, but $34,500 and $35,000 still presents a major resistance. Bitcoin is up over 10% and it broke the $34,000 resistance level. The price is currently trading well above the $33,200
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Bitcoin fell to lows last seen on Jan. 11. Some analysts point to Treasury Security nominee Janet Yellen’s ominous “concern” over crypto as the reason for the sell-off.The recent pullback has some formerly bullish analysts, such as Guggenheim, speculating on whether the cryptocurrency could retrace its 2021 gains in the
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Today, Bitcoin has experienced one of its deadliest single-day drops on record in terms of dollar amount moved. And the reason behind it could be the greenback itself. Dollar sentiment is at extreme lows and crypto market exuberance is sky high – could it be time for a reversal in each
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