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Bitcoin (BTC) may be consolidating at $47,000, but longer timeframes show just how significant this week's mini bull run has been.According to the Golden Ratio Multiplier (GRM) metric, on March 27, BTC/USD reclaimed an essential support zone for securing further upside.Bitcoin exits trendline slump that beat March 2020GRM is a
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It was relatively quiet in the digital asset policy department last week, as regulators and lawmakers in most key jurisdictions retreated to their offices to do the necessary homework. In the U.S., federal agencies got on with the various reports that President Joe Biden’s recent executive orders directed them to
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The total aggregate digital assets under management (AUM) surged to $48.7 billion in March, up from the $43.9 billion that was recorded in January, the latest data from Crypto Compare has shown. In contrast, the average daily trading volumes fell by 29.6% to $259 million during this period. BTC and
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While crypto markets are still in a state of “fear,” as evidenced by Bitcoin’s Fear & Greed Index, the industry as a whole is giving us reasons to be bullish. Large venture funding rounds, growing adoption of decentralized governance models and new institutional-grade product offerings suggest that crypto is more
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Bitcoin (BTC) closed in on its highest level of the month on March 25, with traders hoping for an end to months of consolidation.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTerra’s BTC stash nears $1 billionData from Cointelegraph Markets Pro and TradingView showed BTC/USD cementing recent gains to hit $44,698 on Bitstamp
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Small cap altcoins have been one of the best performers in recent times. Even through the downtrend, these low market cap cryptocurrencies have returned better gains compared to their bigger counterparts like Bitcoin and Ethereum. They have carried this performance into another week as small cap altcoins show their profitability
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A tax proposal on crypto from India’s Finance Minister Nirmala Sitharaman may be closer to becoming law as the country’s lower house of parliament is scheduled to consider the legislation on Thursday.According to a Wednesday publication, Sitharaman will be introducing appropriation and finance bills for 2022 to the Lok Sabha
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Last week got off to an antsy start as the clause that many interpreted as a direct route to ban proof-of-work-(PoW)-based cryptocurrencies made a sudden comeback to the draft of the European Union’s key directive on digital assets. Many in the crypto policy space got immediate flashbacks to other instances
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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cryptox in one link.Top Stories This WeekUkraine’s president signs law establishing regulatory framework
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As an old saying goes: Buy the rumor, sell the news.As a digital-native asset class, the prices of cryptocurrencies are clearly susceptible to market-moving news developments that instantly spread on the internet. Staying on top of bullish announcements can help crypto traders reap huge gains, but navigating the crypto news
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