Cryptocurrency Analysis and News Portal
After Bitcoin (BTC) hit a yearly high of $19,501 on Jan. 13, where is it headed next? Bitcoin is currently witnessing an uptick in bullish momentum after the positively perceived Consumer Price Index (CPI) report was followed by a strong rally across the crypto market. The recent rally in Bitcoin is
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The Ethereum blockchain is all set to make its highly anticipated transition from its current proof-of-work (PoW) mining consensus to proof-of-stake (PoS). The Merge date is officially scheduled for Sept. 15–16 after the successful final Goerli testnet integration to the Beacon Chain on Aug. 11.At present, miners can create new
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The Ethereum (ETH) network moved one step closer to completing its transition to proof-of-stake (PoS) this week after the successful completion of its second-to-last major Merge trial on the Sepolia public test network.Data from Cryptox Markets Pro and TradingView shows that following the Sepolia Merge on July 6, the price of
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“The crazy backlash” on Twitter and in the press forced Solend back to the drawing board, pseudonymous founder Rooter told CoinDesk in a telegram message. SOL price recovery has granted a bit of liquidation wiggle room, Rooter said, but the issue of what to do about the nonresponsive whale wallet
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By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock The total crypto market cap has dropped below $1 trillion for the first time since January 2021. After
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Bitcoin was recently trading at about $30,000, roughly flat for the past 24 hours. Ether, the second-largest crypto by market cap, was changing hands just below the $1,800 level, about where it was perched a day ago and for the past few weeks. Other major altcoins were mixed with LTC
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Lewis kept his buy rating on all four mining stocks he covers – Riot Blockchain (RIOT), CleanSpark (CLSK), Core Scientific (CORZ) and Marathon Digital (MARA) – and remains optimistic about the longer-term outlook for the industry. “Not surprisingly, our BTC mining price targets are highly sensitive to our BTC price
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Multinational financial services giant Charles Schwab has responded to client demand to invest in cryptocurrency by filing with the Securities and Exchange Commission (SEC) to launch a Crypto Economy ETF.This filing comes just a week after the head of investor services at Schwab, Jonathan Craig, told news source Financial Advisor
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As the crypto market shed billions of dollars, El Salvador bought the dip, taking advantage of the falling price of bitcoin early Saturday morning. With the latest buy, El Salvador has purchased a total of 1,370 bitcoins altogether. According to Salvadoran president Nayib Bukele, the coins were bought seven minutes
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On Sunday bulls made their intentions clear by briefly pushing Bitcoin (BTC) price above the $49,000 level, a move that prompted many traders on crypto Twitter to call for the top-ranked digital asset to knock down the psychological resistance at $50,000.Data from Cryptox Markets Pro and TradingView shows that after
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