Ethereum started a downside correction from the $2,400 zone against the US Dollar. ETH price could start a fresh increase unless there is a clear break below $2,150. Ethereum failed to surpass $2,400 and it started a downside correction. The price is now trading just above $2,200 and the 100 hourly simple moving average. There…
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Bitcoin price is correcting gains and it is trading well below $35,000 against the US Dollar. BTC could decline further if it stays below $34,400. Bitcoin started a downside correction below the $35,000 and $34,000 levels. The price is now trading below the $34,000 support and the 100 hourly simple moving average. There is a…
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Bitcoin whales have resumed accumulating coins in what has turned out to be the biggest Bitcoin accumulation event in 2021. A number of Bitcoin whales addresses that currently hold a number of 100 to 10,000 bitcoins in their wallet accumulated over 60,000 bitcoins in a single day. Lately, Bitcoin has been sluggish in the market…
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Barclays clients in the UK can no longer transfer funds to Binance after the bank indefinitely banned credit and debit card transactions to the exchange, according to recent reports. The apparent ban comes roughly two weeks after the UK’s Financial Conduct Authority (FCA) stated that Binance Markets Limited, the firm’s UK operations, was not holding…
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Ethereum has been experiencing high volatility in the daily chart. At the time of writing, ETH trades at $2,240 with losses in lower timeframes. ETH moving sideways in the daily chart. Source: ETHUSD Tradingview In the 7-day chart, Ethereum shows some profits. The second cryptocurrency by market cap has been leading the charts with a…
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An ex-employee of the now-defunct crypto exchange Cryptopia has admitted in court to stealing crypto worth about $170,000. The employee pled guilty to stealing coins and customer data while he worked at Cryptopia when the company was still up and running. A name suppression by the Christchurch district court of New Zealand keeps the employee…
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Are you looking for a smart way to enjoy price stability in blockchain? Then meet DAI at 1xBit – an Ethereum-based stablecoin with its value of 1 USD, the key in the MakerDAO lending system. DAI is the 31st cryptocurrency added to the constantly growing list of supported cryptocurrencies at 1xBit.com. What makes DAI so…
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The Bitcoin exchange fund flow ratio has just hit a nine-month low. Here is what it might mean for the price of the cryptocurrency. The Exchange Fund Flow Ratio The signal of interest here is the all Bitcoin exchanges fund flow ratio. It’s defined as the total amount of BTC flowing in/out of exchanges divided…
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Tokenized risk protocol BarnBridge (BOND) continues to innovate in the DeFi sector. Via their Twitter handle, this project has announced a new partnership to integrate with the Chainlink Keeper Network, a solution that enables smart contracts to be Upkeep by Keeper nodes, on Ethereum mainnet. In other words, BarnBridge can overcome its smart contract limitation,…
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The Bitcoin mining company, Marathon Digital Holdings recently revealed that the company mined a whopping 265.6 Bitcoins in June alone. This number of BTC in June alone exceeds what the company had in May by 17%. The total amount for the whole quarter 2 sits at 654.3 Bitcoins. From the first month of the year…
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