Category: Cryptocurrency

Jan 23
NFTs and DeFi overturn a banker‘s generational curse of poverty in 2 years

“When I started, I almost gave up multiple times. I just want to help others have a more streamlined way to get into crypto,” said Brenda Gentry, a former USAA mortgage underwriter. 6935 Total views 94 Total shares Brenda Gentry, a former USAA mortgage underwriter from Texas, believes that the cryptocurrency ecosystem offers a fighting […]

Jan 23
BTC price falls to $34K as Bitcoin RSI reaches most ‘oversold’ since March 2020 crash

It‘s looking more and more like a capitulation, but so far, open interest remains “unflushed,” analysts warn. 43125 Total views 183 Total shares Bitcoin (BTC) refused to stem recent losses during Jan. 22 as predictions of a flight to $33,000 and lower looked increasingly likely to become a reality. BTC/USD 1-hour candle chart (Bitstamp). Source: […]

Jan 23
3 possible reasons why Polkadot is playing second fiddle in the L1 race

2021 was a sort of “coming-of-age” for many layer-one (L1) blockchain protocols because the growth of decentralized finance (DeFi) and nonfungible tokens (NFTs) forced users to look for solutions outside of the Ethereum (ETH) network where high fees and network congestion continued to be barriers for many. Protocols like Fantom (FTM), Avalanche (AVAX) and Cosmos […]

Jan 23
Bitcoin records all-time high network difficulty amid price fluctuations

Data from BTC.com estimates that the network will continue to grow stronger by attaining another all-time high in the next 12 days, with a network difficulty of 26.70 trillion. 7472 Total views 43 Total shares The Bitcoin (BTC) network has recorded a new all-time high mining difficulty of 26.643 trillion with an average hash rate […]

Jan 22
Price analysis 1/21: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOT, AVAX, DOGE

Bitcoin (BTC) and most major altcoins continue to witness a bloodbath on Jan. 21 and the result of the most recent downturn has been a $200 billion reduction in market capitalization.  A new report by Huobi Research, in collaboration with Blockchain Association Singapore, forecast Bitcoin to enter a bear market in 2022. The liquidity tightening measures […]

Jan 22
A key Ethereum price metric hits a 6-month low as ETH falls below $3K

Ether (ETH) price lost the $3,600 support on Jan. 5 as minutes from the Federal Reserve’s December Federal Open Market Committee meeting showed that the regulator was committed to decreasing its balance sheet and increasing interest rates in 2022. Even with that looming overhead, Ethereum has problems of its own — more specifically, the ongoing […]

Jan 22
Redditors share their thoughts on buying Bitcoin at all-time highs

General consensus seems to be that it’s been all downhill both before and after Bitcoin’s recent 13th birthday. 7354 Total views 33 Total shares Many crypto enthusiasts turned to social media on Friday to voice their frustrations with the state of the crypto market. One Reddit user named imyourkingg allegedly invested 30% of his net worth […]

Jan 22
SEC rejects MicroStrategy's Bitcoin accounting practices: report

The business intelligence firm has reported it used non-GAAP methods of calculating figures for its BTC buys excluding the “impact of share-based compensation expense and impairment losses and gains on sale from intangible assets.” 7521 Total views 42 Total shares Business intelligence firm MicroStrategy reportedly acted contrary to the Securities and Exchange Commission’s accounting practices […]

Jan 21
Bitcoin falls to $36K, traders say bulls need a ‘Hail Mary’ to avoid a bear market

Bitcoin (BTC) price continues to sell-off and the knock-on effect is an even sharper correction in altcoins and DeFi tokens. At the time of writing, BTC price has sank to its lowest level in 6 months and most analysts are not optimistic about an immediate turn around.  Data from Cointelegraph Markets Pro and TradingView shows that a […]

Jan 21
Bitcoin dumps to hit six-month lows near $38K

Bitcoin is leading the way down for all crypto as macro indicators may spell disaster for the market in the short term, according to some analysts. 20832 Total views 123 Total shares Bitcoin (BTC) has dumped 7.5% in the past 12 hours, plunging to six-month lows from $43,328 at 4 pm UTC on Thursday to […]