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Bitcoin (BTC) and other cryptos traded higher on Wednesday after U.S. President Biden's executive order did not impose new regulations on the industry (for now). Ethereum (ETH) underperformed. And volatility is rising, keeping option traders busy. Original Source
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The phrase “hindsight is 20/20” is a perfect expression for financial markets because every price chart pattern and analysis is obvious after the movement has occurred.For example, traders playing the Feb. 28 pump that took Bitcoin (BTC) above $43,000 should have known that the price would face some resistance. Considering
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With gold and gold tokens, when the price goes up, gold miners can try to dig up more and increase supply. Bitcoin's supply, by contrast, is controlled by the underlying blockchain's original programming. When the price goes up, the supply growth stays the same. Source
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On Thursday, Sky Mavis, the creator of monster-battle game Axie Infinity, released its much-anticipated RON governance token. The token is based on its Ethereum (ETH) sidechain Ronin Network. Its purpose includes paying for transactions on Ronin, staking, and participating in community proposals.According to its developers, Ronin has over 250,000 unique daily
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Solana-based augmented reality and NFT platform Dropp GG is developing geographical-based NFT minting and “mixed reality events” tied to the Metaverse.The firm was founded in early 2021 and is progressively rolling out several initiatives over this year including partnered NFT drops, geo-minting events, virtual land plots with AR support, and
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Ether (ETH) has been an emotional rollercoaster over the past three months primarily because its price rallied twice. First it peaked at $4,870 on Nov. 10 and at $4,780 on Dec. 1. However, the double top was quickly followed by a harsh rejection which led to $490 million in long
Read MoreRussia’s new cryptocurrency-related law, “On Digital Financial Assets,” or DFA, seems to have had little impact on the local cryptocurrency industry so far.In its current form, the DFA law essentially provides legal status to digital assets like Bitcoin (BTC), but prohibits their use for payments in Russia.As the DFA law
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