Category: Cryptocurrency

Feb 07
Top 5 cryptocurrencies to watch this week: BTC, ETH, NEAR, MANA, LEO

Bitcoin (BTC) surged above the $40,000 psychological resistance on Feb. 4 and successfully held the level over the weekend. This boosted the total crypto market capitalization from $1.78 trillion on Feb. 3 to about $2 trillion on Feb. 6, according to data from CoinGecko. A new financial disclosure by Senator Ted Cruz shows that he bought […]

Feb 07
Crypto derivatives data signals improving investor sentiment and a possible trend reversal

This week the total crypto market capitalization rallied 10% to $1.68 trillion, which is a 25% recovery from the Jan. 24 bottom. It’s too early to suggest that the market has found a bottom but two key indicators — The Tether/CNY premium and CME futures basis — have recently flipped bullish, signaling that positive investor […]

Feb 06
Jack Dorsey on UBI: Bitcoin encourages transparency, long-term thinking

Dorsey’s Start Small initiative has invested over $55 million across the United States and overseas to experiment on universal basic income. 7585 Total views 114 Total shares Twitter co-founder and Block (previously Square) CEO Jack Dorsey discussed the implications of a Bitcoin (BTC)-powered universal basic income (UBI) strategy with US congressional candidate and a full-time […]

Feb 06
Bitcoin stays higher after stocks propel BTC price toward $42K

Bitcoin (BTC) held above $41,000 into the weekend after a late surge Friday took the largest cryptocurrency to two-week highs. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView “The only good bear is a dead bear” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD maintaining newly re-won ground Saturday, with the pair’s correlation to stock makets […]

Feb 06
Indian couple celebrates blockchain wedding with NFT vows, digital priest

Anil Narasipuram, the husband, was initially motivated by blockchain marriages done in other countries. 3555 Total views 60 Total shares A young couple from India used nonfungible tokens (NFTs) to digitize their love for each other till eternity over the Ethereum (ETH) blockchain.  The recently married couple from Pune, India, Shruti Nair and Anil Narasipuram […]

Feb 06
This bullish Ethereum options trade targets $3.1K ETH price with zero liquidation risk

Ether price (ETH) spent the last two months stuck in a rut and even the most bullish trader will admit that the possibility of trading above $4,400 in the next couple of months is dim.  Of course, cryptocurrency traders are notoriously optimistic and it is not unusual for them to expect another $4,870 all-time high, […]

Feb 05
Bitcoin returns to $40K, liquidating over $50M of shorts in hours

It’s sudden death for those who were shorting Bitcoin or altcoins on Feb. 4, as major upside levels reappear after a two-week absence. 16605 Total views 5425 Total shares Bitcoin (BTC) returned to $40,000 for the first time in two weeks during Feb. 4 as Wall Street volatility proved a boon for BTC bulls. BTC/USD […]

Feb 05
US lawmakers issue warnings about digital yuan as Winter Olympics kicks off

“Do not accept any digital yuan,” said Minnesota Representative Tom Emmer in a tweet aimed at Team USA athletes competing in China. 1437 Total views 41 Total shares With the opening ceremony of the Beijing 2022 Winter Olympics completed and all competing athletes currently in China, two members of Congress are warning of the potential […]

Feb 05
Price analysis 2/4: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX

Bitcoin (BTC) and Ether (ETH) are attempting to build upon their recent recovery as the U.S. equity markets try to resume their relief rally, backed by strong results by Amazon. Bollinger Bands creator John Bollinger recently tweeted that Ether looked to be in a good spot to be added to his existing long positions. The […]

Feb 05
Ted Cruz buys the Bitcoin dip

Texas Senator who talks a big game actually has something to show for it. 1398 Total views 37 Total shares Rafael ‘Ted’ Cruz, the junior Republican senator from Texas, is putting his money where his mouth is. According to a financial disclosure filed on Friday 4th Feb, Cruz bought between $15k and $50k worth of […]