The cryptocurrency market’s recent crash left traders counting their losses, with $2.4 billion worth of positions liquidated in a matter of hours. The causes – crackdown measures in China, celeb concerns over Bitcoin’s excessive energy consumption, general widespread FUD – seemed to pale into insignificance amid the worsening picture, with losses eventually eclipsing $1.3 trillion…
Details
XinFin is a unique cryptocurrency with hybrid blockchain technology opted as a solution for crypto users. Ethereum is the first blockchain platform launched in 2015. It is the chief Altcoin among the crypto space. Its low transaction speed and high gas fees turn the developers and investors frustrated. Flaws of Ethereum Network Being a well-known…
Details
Ethereum extended its upward move above the $2,750 resistance zone against the US Dollar. ETH price is showing positive signs and it could rise towards $3,000 or even higher. Ethereum extended its recovery wave above the $2,650 and $2,750 levels. The price is now trading above the $2,700 support and the 100 hourly simple moving…
Details
Was the recent crypto crash bound to happen? Or was it engineered? Is the bull market over for good? Or is the market gaining momentum, preparing for big movements? Your guess is as good as ours, but Moonrock Capital’s Simon Dedic is of the opinion that weak hands got their foot caught in a bear…
Details
Bitcoin price is holding gains above the $38,000 pivot level against the US Dollar. BTC is signaling more gains above the $40,000 resistance zone in the near term. Bitcoin is showing positive signs above the $37,000 and $38,000 resistance levels. The price is trading nicely above the $37,000 zone and the 100 hourly simple moving…
Details
An interview by Alyona Karpinskaya Interviewing: Norbert Goffa Q: What is your opinion about the post of Elon Musk, where Tesla dissociated itself from Bitcoin, regarding the environmentally damaging effect of its mining? A: Honestly, I find it very amusing! Naturally, Elon Musk just happened to realize that the mining of Bitcoin has an environmentally…
Details
Cardano has fallen with the rest of the market but seems more resilient than other assets in the crypto top 10 by market cap. At the time of writing, ADA trades at $1.52 with a 2.8% profit in the daily chart and a 3.9% profit in the 1-hour chart. Over the past month, ADA also…
Details
Bitcoin price collapsed by more than 50% from its recent highs set only one month ago. The sharp decline now represents that largest drop in the history of the cryptocurrency – but there’s still several days left for the monthly candle to close. That means bulls can undo the damage done by the recent crash,…
Details
Partnerships and integrations are essential aspects of the cryptocurrency industry. Virtue Poker is integrating the FunFair wallet for all of its players. A significant step forward for this popular and trust decentralized poker provider. Virtue Poker Takes The Next Step Providing the world with decentralized poker has numerous advantages, including fairness, transparency, and accessibility. One…
Details
Data from Glassnode shows that the recent Bitcoin crash was the largest in history in dollar terms, coming in at $2.56 billion. The “corona crash” of March 2020 was the previous biggest, at $1.38 billion. Although 13% gains yesterday brought welcome relief, uncertainty still rules. The question on everyone’s mind is, are we still in…
Details
