Cryptocurrency Analysis and News Portal
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
Read More
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
Read More
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
Read More
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
Read More
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
Read More
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 More
”NEAR has developed an impressed scaling solution that surpasses most available alternatives,” Jack Tao, CEO of crypto exchange Phemex told CryptoX on Telegram. “It comes as no surprise that more and more projects will integrate or begin to develop on this ecosystem. With the launch of its Aurora EVM solution,
Read More
This week in crypto regulation was marked by officials expressing
Read More
Today Ether (ETH) price briefly touched $4,760, exciting investors and reminding the world that the altcoin is a mere 2.2% below the $4,870 all-time high reached 20 days ago. While the spot price action might be intriguing, let’s see what’s happening in Ether’s derivatives markets.Ether ETH/USD price at Bitstamp. Source:
Read More
South Korean government officials have created confusion this year with conflicting announcements regarding a possible repeal or amendment of the upcoming crypto tax set to come into effect in 2022.Throughout 2021, debate has increased in intensity in the National Assembly, South Korea’s legislature, about whether, or how, to amend the
Read More