Cryptocurrency Analysis and News Portal
Since May 12, Ether (ETH) price has been struggling to sustain its $1,800 support level as investors face pressures from a worsening crypto regulatory environment and the Ethereum network’s high gas fees. Also negatively impacting Ether’s price are 3 indicators signaling reduced demand for its decentralized applications (DApps) and a
Read More
The price of Lido DAO (LDO) has rebounded to its three-week high of $2.21 as of May 16, up 40% when measured from its local low of $1.57, established four days ago.This impressive double-digit recovery appeared in tandem with other top-ranking crypto assets, including Bitcoin (BTC) and Ether (ETH). However,
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied DigiToads is popular among crypto experts and enthusiasts. Investors are increasingly considering it due to several features, including a vibrant community and growth potential for its native token, TOADS. DigiToads: changing the crypto market DigiToads adopts an innovative
Read More
Bitcoin (BTC) Ordinals — also known by some as Bitcoin NFTs — could renew developer enthusiasm for Bitcoin and boost mining fees, according to cryptocurrency investment firm Grayscale.In an April 27 “Market Byte” blog post, the firm suggested that Ordinals provide two key benefits to the growth and development of
Read More
The news further narrows the options for people to trade cryptocurrency among themselves. The global peer-to-peer (P2P) market is fast losing popularity and Paxful may be the latest platform to be affected by this reality. According to a blog post by Paxful CEO Ray Youssef, the firm is winding down its
Read More
Ethereum's native token, Ether (ETH), eyes a run-up toward $3,000 in Q2 2023 after wrapping the previous quarter with 55% gains.ETH price nears potential breakoutThe price of Ether has more that doubled after bottoming out in June 2022 at around $880, weathering a slew of negative events, including the FTX
Read More
Regulation continues to be the primary concern for Bitcoin bulls, especially after the Commodity Futures Trading Commission (CFTC) sued Binance for trading and derivatives law violations. The regulator wants Binance to repay the trading profits, revenues, salaries, commissions, loans and fees it received from US citizens, as well as paying
Read More
Algorand Foundation CEO Stacy Waden took to Twitter to confirm rumors about Coinbase's decision to discontinue Algorand (ALGO) staking rewards for retail customers. Coinbase and Algorand, however, cite different reasons for the move.According to Waden's tweet, Coinbase informed Algorand about the sudden termination of rewards for ALGO tokens on March
Read More
The ongoing cryptocurrency winter and massive collapses in the industry do not mean that digital assets like Bitcoin (BTC) are doomed to fail, according to a major European asset manager.Despite BTC failing to protect investors against rising inflation in 2021 and 2022, Bitcoin’s limited supply may still attract more attention
Read More
The core argument in favor of approving a spot bitcoin ETF, at least at this time, is that the SEC’s concerns about manipulation are literally inconsistent – and possibly in violation of the Administrative Procedure Act, as Ribbit Capital’s Sigal Mandelker and Jessi Brooks wrote. The agency has already approved
Read More