Cryptocurrency Analysis and News Portal
Sentiment in the cryptocurrency market is on the upswing after small gains from Bitcoin (BTC) and altcoins hint that the market could be in the process of a bullish breakout.A handful of altcoins are also finding momentum and a round of fresh partnership announcements appear to back the 40% gains
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Cardano (ADA) price risks undergoing a severe correction in the next few months despite touting its blockchain network's bolstering growth and a "major" hard fork event in June.Descending channel hints at ADA selloff aheadADA, which makes up about 1.75% of the total crypto market capitalization, has been trending lower since
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The company, which was burned during the last major bear market, did not mention crypto mining in its last earnings report; bitcoin loses its gains from the previous day. Original Source
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Bitcoin (BTC) has come a long way since an obscure and esoteric white paper written by Satoshi Nakamoto was first published 13 years ago. The Bitcoin 2022 conference, hosted by Bitcoin Magazine and sponsored by Cash App, was perhaps the largest single event for the BTC community as 30,000 attendees
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The partnership, announced Wednesday, will enable FIS’s 6,400 clients to access large crypto trading venues, liquidity providers, lending desks and decentralized finance (DeFi) applications. Those clients include a buy-side assortment of asset managers and hedge funds, as well as banks and brokers. Original Source
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The update will halve fees, increase transaction speed, and make it easier for Ethereum Virtual Machine-compatible apps to build on Arbitrum. Source
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Investors in the region were more risk-averse this week amid fresh evidence of the U.S. central bank's commitment to hawkish monetary policy and an unsettled macroeconomic environment; cryptos were mixed. Source
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In an interview with CryptoX TV's "First Mover" program, Scott Freeman, co-founder and partner of financial services firm JST Capital, suggested the global unrest was hurting bitcoin's price, despite major buys over the past 10 days by Terra's Luna Foundation and MicroStrategy (MSTR), which purchased over $190 million in the
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Bitcoin, the largest cryptocurrency by market capitalization, was recently trading just below $46,000, down from a high earlier in the day above $47,000 and off about 1% over the past 24 hours,. Ether, the second-largest crypto by market cap, was changing hands at a little over $3,400, down roughly 1.5%. Source
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The proof-of-stake blockchain has changed its consensus algorithm in order to lower block times and improve performance. Source
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