The cryptocurrency industry has proven to be one of the fastest-growing sectors in the past decade. The shifting interest of the general public towards cryptocurrencies is evident as the number of new tokens and their respective volumes on exchanges continue to grow at a phenomenal rate. Recent studies place the crypto market’s annual growth rate…
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As reported by Vox, global temperatures have already risen 1.3 degrees Celsius above pre-industrial levels, and a 2020 study found that 1 in 3 species could be extinct by 2070 due to climate change. We all need to do our part to help protect the environment, and that begins with the choices we make in…
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The popularity of stablecoins is increasingly on the rise. Recently, as Bitcoin hit new records, the market value of stablecoins witnessed a 10x increase. Facebook has announced its own stablecoin, and even VISA has become the first major payments network to settle transactions in the American dollar-backed stablecoin USDC. So what’s to love about stablecoins?…
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Ether is closing in on all-time highs while Bitcoin has reached above $50,000 for the first time since mid-May. ETH surged in the last week coming close to breaching the $4,000 level. The cryptoasset began the week below $3,200 but rose quickly through the week, reaching $3,981 by Friday. Over the weekend gains have flattened…
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The crypto market is gaining momentum, with Bitcoin once again smashing past the milestone of $50K as Ethereum rapidly approaches all-time highs above $4K. Gains in both cryptoassets are being driven by ongoing adoption. This includes leaked images showing that Twitter is testing a crypto tipping service, and hints from Securities and Exchange Commission (SEC)…
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Bitcoin price broke the key $52,000 resistance zone against the US Dollar. BTC remains supported and it could continue to climb higher towards $55,000. Bitcoin started a fresh increase above the $51,500 and $52,000 resistance levels. The price is now trading above $52,000 and the 100 hourly simple moving average. There is a key bullish…
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The day is here. In a few hours, El Salvador’s Bitcoin Law goes into effect. We will have the first real-world example of a whole nation using the hardest money ever created as legal tender. And, how is the Bitcoin community celebrating? Stack sats, obviously. The order is for everyone to buy $30 worth of…
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Bitcoin price recently broke past $50,000 as the entire crypto market experienced a surge. Investor sentiment has been greatly skewed into the positive with this break of the $50K resistance point, increasing the buy pressures all around the market. There are various tools used to measure how investors are currently feeling towards a particular asset.…
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Bitcoin has broken out of its range for the second time in the past month. The first cryptocurrency by market cap is making its way up from its yearly low, $29,900, after a season trending to the downside. At the time of writing, BTC trades at $52,333 with a 1.4% and 7% profit in the…
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Singapore Monetary Authority has placed the Binance exchange on its alert list of investors on Wednesday. This is due to some concerns about the possibility that the crypto exchange might have violated the local payments laws. On Sunday, the global crypto exchange has announced its intention to cancel its product offering in the country. This…
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