Bitcoin (BTC) has been consolidating just below the $30,500 area over the past five days and short-term readings suggest that the price will not be successful in moving above the area, rather it will break down
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Bitcoin failed at decisively overcoming $31,000 and has retraced by over $1,000 to a familiar ground of approximately $30,000. Most altcoins are also slightly in the red today, with Ethereum fighting to stay above $2,000.
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Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, has given his take regarding the future of Bitcoin’s usage. Bankman-Fried stated he doesn’t believe that Bitcoin will work as a payments network, due to its
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After Terra’s collapse, stable coins lost their peg, and Bitcoin’s tumble below $30,000 raises fears of a prolonged bear market. As a result, many are anxious about their portfolio values, which are a fraction of
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If this crypto winter made you so poor that you cannot even pay for the fees of your crypto transactions, keep reading; Robinhood might have the perfect solution to all your problems. Popular stocks and
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On-chain analysis is fascinating to me. Exclusive to the blockchain, it doesn’t exist outside of crypto. But in jumping on-chain, we can often get intriguing insights into market sentiment, and specific indicators have even been
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Ethereum saw a fall in gas prices, likely prompted by a decline in DeFi usage. The much-anticipated Merge was not likely to rescue Ethereum from bearish jaws on the price charts just yet. The path
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Following the aftermath of Terra’s UST implosion, the blockchain project’s founder Do Kwon has been actively discussing the Terra ecosystem revival plans and one specific proposal will be voted on May 18. The plan is
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Ethereum, the world’s largest altcoin, has suffered an immense setback in terms of price. This bearish scenario saw the altcoin falling to extremely low levels. Even so, at press time, ETH did note some recovery
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Ethereum network fees have dropped a great deal this week, sliding under $10 per transaction to levels not seen since March 10, 2022. On May 17, the average ethereum transfer fee is 0.0027 ether or
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