Cryptocurrency Analysis and News Portal
The price of VeChain (VET) extended its rally on Wednesday, building off a solid week of gains following discussions with Chinese government officials centered on a post-epidemic health response. VeChain rose 2% on Wednesday to reach $0.011669, according to CoinMarketCap. Over the past seven days, the supply-chain management cryptocurrency is up
Read More
Bitcoin is making gains during the U.S. presidential election uncertainty while Ethereum’s gas data is highlighting a DeFi decline.Bitcoin (BTC) trading around $14,061 as of 21:00 UTC (4 p.m. ET). Gaining 2.2% over the previous 24 hours.Bitcoin’s 24-hour range: $13,545-$14,232BTC above its 10-day and 50-day moving averages, a bullish signal
Read More
Bitcoin is making gains Monday and Ethereum usage is hitting record highs in September. Bitcoin (BTC) trading around $10,669 as of 20:00 UTC (4 p.m. ET). Gaining 3.4% over the previous 24 hours.Bitcoin’s 24-hour range: $10,250-$10,759BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians.Bitcoin trading on
Read More
Coin Metrics reported the daily number of smart contract calls on Ethereum jumped to 3.11 million – a new record. Source
Read More
Crypto usage and trading has made its way over to Africa, gaining prevalence all over the continent, according to Chris Maurice, CEO of Yellow Card — a crypto exchange based in Lagos, Nigeria."In terms of the crypto scene and everything, things are growing very rapidly, really across the continent, but
Read More
Quick take:Global Central Banks are embracing the idea of creating and using digital currencies. At the same time, the usage of Stablecoins is increasing as many traders use them to transfer value in the crypto ecosystem.CBDCs and Stablecoins will most likely provide a gateway for new users to experience and invest
Read More
Ethereum has undergone a consolidation period for over the past month. Since the beginning of June, the second-largest cryptocurrency by market cap has mostly traded between the $217 support and the $250 resistance level. Such a narrow trading range has made it nearly impossible to determine what the future holds
Read MoreGlobal money transfer platform MoneyGram recently unveiled year-over-year growth numbers, showing double the number of transactions seen in May 2019. MoneyGram ended Q1 2020 with 57% growth in digital transactions, a June 9 statement from the company said. The firm saw activity ramp up another 43% by May's end. MoneyGram's partnership with
Read More
Ethereum is still down by over 80% from its all-time high, but that hasn’t stopped cryptocurrency users from increasingly adopting the asset.Rafael Schultze-Kraft (@n3ocortex on Twitter), the chief technical officer of blockchain analytics firm Glassnode, recently shared the chart below. It shows that the number of new daily Ethereum addresses
Read More
Coinstar, the coin counting kiosk maker hosting 3,500 Coinme bitcoin ATMs, is looking to double its bitcoin-capable supermarket locations. The doubling would happen "within a year," President of Product Michael Jack told CryptoX. He said Coinme bitcoin ATM growth "both on a per location and overall basis, has been very
Read More