Bitcoin trades north of the $32,000 levels as the bulls regain some conviction in the daily chart. The general sentiment in the market seems more bullish, but many still warn caution until BTC’s price moves higher to a safer zone. BTC scored some gains after testing the lows in the daily chart. Source: BTCUSD Tradingview…
Details
Decentralized film financing platform Mogul Productions recently announced its next big step towards decentralizing the world of entertainment. Mogul Productions is an Ethereum based film financing and movie NFT platform that has taken great strides towards creating transparency in the film industry. By merging blockchain technology with the film industry, Mogul Productions is aiming for…
Details
Elon Musk has revealed that Space X, his rocket company, owns and continues to hold bitcoin. Musk was on The B Word conference to talk about bitcoin and other cryptocurrencies, alongside well-known personalities in the crypto space like Twitter CEO Jack Dorsey, and CEO of Ark Invest Cathie Wood. The trio was also joined by…
Details
At their 2021 peak, stablecoins were settling between $10 billion and $30 billion in transactions each day, data from Coinmetrics reveals. Therefore it’s fair to say, these digital assets are becoming more relevant for the crypto industry. However, there are many blind spots and concerns with some of the most popular stablecoins, such as Tether.…
Details
Gera Coin launched a few months ago with the ambitious objective of pioneering a new era of cryptocurrency payments for delivery. Since then the project has surpassed expectations time and time again, thrilling investors and its growing community. Gera Coin is a blockchain-based payment-for-delivery application. The project aims to help users find delivery platforms to…
Details
Shocker! According to the latest CBECI update, China’s control over Bitcoin mining was already waning. The Cambridge Bitcoin Electricity Consumption Index shows that and much more, it “provides an up-to-date estimate of the Bitcoin network’s daily electricity load.” However, China is the headline. The government’s recent ban on Bitcoin mining left the world speechless, and…
Details
Ethereum started an upside correction above the $1,850 resistance against the US Dollar. ETH price is likely to continue higher if there is a close above the $2,000 resistance. Ethereum started a decent upward move above the $1,850 and $1,950 resistance levels. The price is now trading well above $1,900 and the 100 hourly simple…
Details
Bitcoin price started a strong upward move from the $29,250 support zone against the US Dollar. BTC must settle above $32,000 and $32,500 for more upsides in the near term. Bitcoin started a strong increase above the $30,000 and $31,000 resistance levels. The price is now trading well above $31,000 and the 100 hourly simple…
Details
Bitcoin’s seven-day average trading volumes have continued to remain low, as the seven-day average trading volumes only reaching $3 billion. This comes on the heels of the digital asset seeing declining volatility in the market. The bitcoin trading market had seen a marked shift in trends as the average trading volumes remain at yearly lows.…
Details
Bitcoin has seen some gains in the past 24 hours as bulls seem to be making a stronger push. However, funding rates across exchange platforms remain negative indicating a high bearish sentiment, at least, in the derivatives sector. At the time of writing, BTC trades at $32,236 with an 8.4% profit daily and a 2.7%…
Details
