Bitcoin’s price pump towards $27,000 came to a quick halt as the asset returned to its familiar ground of around $26,000. Most altcoins also followed suit, with SOL, XRP, SHIB, and MATIC dropping the most from the larger caps.Bitcoin went through extreme volatility last Thursday when it plummeted by over three grand in a day […]
Bitcoin (BTC) is still worth $20,000 nearly six years after first reaching it — if adjusted for inflation. According to data from sources including U.S. Inflation Calculator, BTC price performance has de facto stayed static since 2017. This means that the current Bitcoin spot price — $26,050 — reflects six years of practically static BTC […]
Ocean Protocol (OCEAN) could double in price in the coming quarter, according to a bull flag setup. CyberConnect (CYBER) is exhibiting bearish cues and could drop 5% in the near future. Steem (STEEM) trading volumes have surged, but the prognosis is bearish and could drop 5% in the coming session.Ocean Protocol’s token traded at $0.3 […]
Airwallex, a Ripple collaborator, has made a groundbreaking expansion into the fintech and payments ecosystem with a partnership with YEEID. As part of the plans to continue expanding, it recently announced another partnership with American Express. YEEId has sought to enable businesses of all sizes to incorporate its payment acceptance technology. The company was co-founded […]
On the latest episode of Cointelegraph’s Market Talks, host Ray Salmond spoke with Dan Rosen, associate director of derivatives at Luxor, a United States-based Bitcoin mining pool, research hub and service provider. The show discussed the upcoming Bitcoin halving and its potential impact on BTC price, Bitcoin’s volatility, and miners’ ability to hedge their operations […]
Chainlink (LINK) price has dropped 4% on Aug 24, following a broader crypto market correction. The drop appears to be influenced by macroeconomic catalysts, such as Jerome Powell’s economic outlook at the annual Jackson Hole symposium and the Federal Reserve Bank of Boston President Susan Collins’s signal of more rate hikes.From a fractal standpoint, Chainlink’s […]
Bitcoin continues to be volatile around the $26,000 mark after a sharp drop last Thursday. However, the leading cryptocurrency is not expected to see significant gains before the upcoming halving, which is scheduled for April 20, 2024.Pantera Capital, a crypto-focused hedge fund, has predicted that the halving will cause Bitcoin to surge to $35,000 before […]
The cryptocurrency industry is making progress in many areas, allowing advisors and individual investors to gain a better understanding of the different tokens available. Custody and recordkeeping services are becoming more reliable, and the regulatory environment is evolving. In Canada, the regulatory environment is more mature than in the United States, but American regulators are […]
Nvidia’s stock prices reached a new record high on Aug 22, resulting in a surge in crypto tokens associated with artificial intelligence projects. The profits were largely from Nvidia’s AI unit, with revenue of its data center unit spiking by 171% YoY to reach $10.32 billion in Q2 2024.The market cap of the AI and […]
Ripple’s price has been on a downward trend, falling below the 100-day and 200-day moving averages at $0.55 and $0.49 respectively. However, a rebound occurred at the approximate $0.42 support level, pushing the price back above the 200-day moving average. The current price is bounded within a narrow range marked by the 100-day and 200-day […]
