The Bitcoin dominance rate (BTCD) is attempting to find support after a short-term rejection from a Fib resistance level. BTCD had been trading above the 40% horizontal support area since May 2021. The area was the catalyst
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A proposal by the SEC could give authorities sweeping powers over crypto exchanges, warns one Commissioner. A recent proposal by the U.S. Securities and Exchange Commission adding oversight to systems for trading government securities could
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Cardano has finally entered the third stage of its roadmap, the Basho era. It was envisioned to improve the network’s performance and scalability. The launch of the Basho era focuses on scaling Cardano, promising “parameter
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Dogecoin (DOGE) oscillated between $0.3261 and $0.1685-mark for over six months until the bears flipped the $0.1685-level from support to resistance on 5 January. The recent downtrend practically kept DOGE below all its EMA ribbons
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Russians may own more cryptocurrency than previously thought, a new estimate reportedly used by the government has indicated. The quoted figure amounts to over a tenth of the global holdings and may serve as an
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After earlier spells of consolidation, the tide turned on cryptocurrencies this afternoon, with markets finding themselves in a red wave. Quant managed to evade the wave, climbing by as much as 20% during the session.
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During the last year, Bitcoin — the cryptocurrency network that leverages proof-of-work (PoW) to process transactions and secure the protocol — has received a lot of criticism about its environmental impact. This week, the cryptocurrency
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Hump-day provided a hurdle for cryptocurrency prices, which mainly consolidated, after a strong start to February. Bitcoin and ethereum were both trading lower during today’s session. Bitcoin BTC/USD followed up yesterday’s rally with a weak
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Nasdaq-listed Microstrategy has bought 660 more bitcoins at an average price of $37,865 per coin, bringing the total crypto holdings of the company to 125,051 bitcoins. “Our strategy with bitcoin has been to buy and
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On February 1, the blockchain infrastructure firm Consensys has revealed it has acquired the Ethereum-based wallet Mycrypto and plans to merge the wallet into Metamask. The price Consensys paid for Mycrypto was not disclosed but
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