On-chain data shows Bitcoin exchange reserves have hit the lowest value in 3 years, here’s what it might mean for BTC’s price. Bitcoin Exchange Reserves Lowest In 3 Years As Negative Netflows Continue As pointed out by a CryptoQuant post, exchange reserves have been continuing their downtrend, and have now reached lows not seen since…
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Bitcoin price today has been more volatile than normal, and that’s a statement in and of itself. The normally notoriously explosive cryptocurrency rocketed more than $2,000 and nearly 5% this morning, only to then plummet and wipe out the entire rally and then some. The fall took the cryptocurrency down by more than 7% and…
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Litecoin has recorded massive price movement in the past hour. The coin started to rally after Reuters had reported that retail giant Walmart would begin accepting the cryptocurrency as payment for purchases. The news broke on Monday with a press release that stated Walmart had partnered with Litecoin to allows customers to make payments with…
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Bored Ape Yacht Club Tron continues to shake the NFT market after launching its own marketplace. For a project that’s been on the market for less than two weeks, Bored Ape Yacht Club Tron is capturing quite the attention in the NFT space. This collection of 10,000 unique Bored Apes supported by Palmar Labs has…
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Play-to-earn gaming is one of the hottest trends in crypto these days. Decentralized finance (DeFi) was the breakout blockchain champion of summer 2020, and NFTs have been exploding in popularity since the spring, but what’s leading the crypto charge this fall is a concept that combines both DeFi and NFTs into a blockchain phenomenon that…
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Trace Network, the state-of-the-art DeFi and NFT protocol for a wide range of enterprise-grade and consumer applications offer a unique, immersive experience to the community in the virtual world. In a recent announcement, the project expressed its intention to create a lifestyle NFT based protocol for the metaverse. The new protocol will offer limitless customization…
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Ethereum is struggling to climb above $3,500 against the US Dollar. ETH price is moving lower and it could decline further below the $3,200 support zone Ethereum failed to clear the $3,450 level and started a fresh decline. The price is now trading well below $3,400 and the 100 hourly simple moving average. There is…
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Bitcoin price is consolidating below the $46,000 zone against the US Dollar. BTC could start a major decline if it breaks the $44,200 support zone in the near term. Bitcoin is facing a major resistance near $46,000 and $46,200 levels. The price is now trading well below $46,000 and the 100 hourly simple moving average.…
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An Ohio man will be getting 20 years in prison for carrying out a cryptocurrency scam. Michael Ackerman has pleaded guilty to the crime and might be spending a long time in prison. According to the US Justice Department, the man pleaded guilty to the multi-million dollar cryptocurrency scam last week. A Cryptocurrency Scam Worth…
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More governments are acknowledging the staying power of cryptocurrencies like bitcoin. Ukraine is the latest to join the growing list of countries that have legalized crypto. Just this week, El Salvador became the first country to adopt bitcoin as legal tender. Two weeks ago, Cuba passed a law to recognize and regulate cryptocurrencies, citing “reasons…
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