Cryptocurrency Analysis and News Portal
After a 10,000% profit over the past year, Shiba Inu (SHIB) trends to the downside with the rest of the crypto market. The meme coin had a surge driven by retail investors looking to ride the rally but has been unable to recover after a long period of persistent selling
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Bitcoin (BTC) erased then recovered its daily gains later on March 8 as United States President Joe Biden announced a complete ban on Russian oil imports.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC comes full circle, while gold steals the showData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it targeted
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The cryptocurrency ecosystem as a whole has taken a back seat to events in the larger world but this is not stopping developers from building.One project that has recently begun to gain traction thanks to its focus on creating a high throughput, low-cost blockchain network is Bitgert (BRISE), a crypto
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Bitcoin (BTC) climbed down from multi-day highs on Jan. 27 as the aftermath of the latest United States Federal Reserve meeting saw bulls taper their enthusiasm.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin disappoints below $37,500Data from Cointelegraph Markets Pro and TradingView showed BTC/USD walking back some of its gains, which had
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Many crypto enthusiasts turned to social media on Friday to voice their frustrations with the state of the crypto market. One Reddit user named imyourkingg allegedly invested 30% of his net worth into Bitcoin (BTC) a few months ago, saying:"I don't need this money for the next 5 to 10 years,
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During the first month of 2022, both Bitcoin and Ethereum’s hashrates have climbed to all-time highs (ATHs). While Bitcoin’s hashpower surged to over 200 exahash per second (EH/s), Ethereum’s hashpower jumped to over 1 petahash per second (PH/s). A few mineable digital asset networks, however, saw their hashrates decline since
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The European Central Bank is concerned over inflation in the euro area rising beyond its own expectations, a high-ranking ECB official has admitted. However, Europe’s monetary authority is not prepared to raise interest rates at this point in time, the executive unveiled. ECB Sees No Reason to Adjust Interest Rates
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Digital currencies had a phenomenal year, and a great deal of the crypto assets in existence reached all-time high (ATH) prices against the world’s fiat currencies. However, the same digital currencies that tapped ATHs last year are currently down a great deal in value, as numerous cryptocurrencies have lost 30%
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The estimated leverage ratio for Bitcoin (BTC) hit a new all-time high last night according to CryptoQuant. Further metrics point to growing leveraged interest, but liquidations have remained relatively low. According to on-chain analytics resource CryptoQuant, while the Bitcoin price fell off a cliff over the past 24 hours, the estimated
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Native tokens of the Fantom and Near blockchains surged as much as 20% in the past 24 hours amid a continuing trend of investors betting on the growth of layer 1 protocols. The NEAR token hit a new all-time high of $17.48 before a brief sell-off at the time of
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