Cryptocurrencies

Bitcoin Hits a 16-Month Low of $26K as Effects of the Terra Crash Spill Over

Bitcoin nosedived to lows of $26,595, a scenario not seen since Dec 30, 2020, when the leading cryptocurrency dropped below the $27,000 zone. (Read More)

Bitcoin Needs to Reclaim $36K to Invalidate the Bearish Thesis, BTC's Correlation with S & P 500 Hits ATH

Market analyst Ali Martinez believes a bearish picture is being painted in the BTC market because it has broken the historical trendline, but it can be invalidated if $36K is reclaimed. (Read More)

Bitcoin Returning to Exchanges Record the Fastest Rate in 16 Months

The selling pressure witnessed in the Bitcoin market that drove the price to lows of $29K happened as high supply returned to crypto exchanges. (Read More)

Bitcoin Hits a 10-Month Low of $29K, Fed’s Tightened Monetary Policy Triggers Risk-Off Approach

Bitcoin dropped to the $29K level, a scenario not seen since July last year, as more liquidation continues engulfing the market. (Read More)

Bitcoin Slips to $34.5K, Are Short-Term Holders Behind the Selling Pressure?

Bitcoin has been downtrending since May 5, and liquidation in the market continues over the weekend. (Read More)

Bitcoin Slips to $35.7K as Daily Active Addresses Hit a 5-Month High

Bitcoin (BTC) entered the weekend in the red after dropping to the $35.7K level based on a high number of daily active addresses, according to market insight provider Santiment. (Read More)

Bitcoin Climbs to $40K Despite Fed’s Interest Rate Hike, Is Sell The Rumor Buy The News Playing Out?

Despite the Federal Reserve (the Fed) increasing interest rates by half a point (0.5%), Bitcoin soared by 6% to reach $40,002. (Read More)

Bitcoin’s Profit-Taking Skyrockets, Will $40K to Be Reclaimed?

Profit-taking tendencies in the Bitcoin market contributed to the price dropping below the psychological price of $40,000. (Read More)

Bitcoin Gains Momentum after Hitting Lows of $37,500 as Altcoins Bleed

After hitting lows of $37,585 over the weekend, Bitcoin has gained some momentum by breaching the $38K level. (Read More)

Bitcoin Whale Holdings Hit a 7-Month High, Despite Retail Investors Panicking

The $38K to $40K zone of Bitocin is proving to be a hard nut to crack in the market. Nevertheless, BTC whales have been accumulating heavily in this area. (Read More)

Bitcoin’s Movement Shows the Redline Between Net Buyers and Sellers is the $40.9K Zone

Bitcoin has shown the area separating net buyers and sellers is the $40.9K area based on data collected between October last year and April 2022. (Read More)

Jewellery Provider SFLMaven Rolls Out Bitcoin Payments, Eyeing for Metaverse

SFLMaven, a luxury jewellery and goods provider, has started accepting Bitcoin payments in the real world and the metaverse for high-end vintage jewellery items. (Read More)

64% of Bitcoin’s Circulating Supply Stagnated for more than 12 Months as Accumulation Continues

The amount of Bitcoin’s circulating supply that has stagnated for at least a year hit an all-time high (ATH) of 64%, signaling a supply deficit. (Read More)

Crypto Trading Volume Picks Up as Bitcoin Breaches $40K Level

After dropping to lows of $38.5K over the Easter weekend, Bitcoin has gained momentum and breached the psychological price of $40,000 based on an uptick in trading volume. (Read More)

Bitcoin's Consolidation Continues amid Addresses Holding BTC Scaling the Heights

Bitcoin has consolidated between the $38K and $45K zone for the past two months, as indecisiveness continuously rocks the market, even though BTC addresses continue going through the roof. (Read More)

Large Institutional Transactions Take the Lion’s Share of Bitcoin Volume at 99%

Institutional demand for Bitcoin does not seem to be fading based on the large transactions volume witnessed, according to a report by IntoTheBlock. (Read More)

Altcoin Roundup: JunoSwap, Solidly and VVS Finance give DeFi a much-needed refresh

DeFi is undergoing a revival and this time, it’s happening on Ethereum network competitors. Decentralized finance (DeFi) was the talk of the town in early 2021, but it has since taken a back seat to more appealing sectors like nonfungible tokens (NFTs), memecoins and blockchain gaming. Now that cross-chain bridges and interoperability have allowed for the easier migration of assets to competing chains, a new class of DeFi protocols is arising to challenge those left from 2021

Ukraine finds unlikely ally in efforts to bar Russian access to crypto: the Central Bank of Russia

It appears both countries want crypto to be banned in Russia following the nation's recent war efforts. Recently, Ukraine has called for "sabotage" of everyday Russians' crypto assets due to an ongoing war between the two countries. Among many, its European allies have also voiced mounting concerns that Russia may use crypto to bypass Western sanctions.But ironically, it appears that one of the greatest proponents of barring everyday Russians and financial institutions from a

South Korean Crypto Exchanges Restrict Russians’ Access Over War in Ukraine

Major South Korean cryptocurrency exchanges have introduced restrictions for Russian users, effectively joining western sanctions over Moscow’s military invasion of Ukraine. The measures include blocking IP addresses originating from the Russian Federation. Largest Korean Exchange May Deny Withdrawals From Russia Several crypto trading platforms in South Korea, including the country’s largest, are banning access from […]

Crypto offers Russia no way out from Western sanctions

Crypto use is likely to grow among ordinary citizens of both nations — though it won’t help Russia’s elite dodge economic restrictions. With the concerns of Janet Yellen and Hillary Clinton notwithstanding, there isn’t enough cryptocurrency in the world to bail out Russia from the economic hole which it now finds itself to be settling into. Even if there were a large enough supply, it probably wouldn’t enable the state to escape the scourge of a Western embargo.As David Carl