Following Wednesday’s downturn in Bitcoin, a continuation of selling dipped the price as low as $41,000 today. Marking a 14-week low for the leading cryptocurrency. But as far as drawdowns go, this... Read more »
The government in Turkey does not intend to impose a 40-percent levy on crypto-related gains as has been alleged, members of the ruling AKP party have indicated to the local press. They... Read more »
Key Takeaways Blockchain analytics firm Chainalysis has found that illicit crypto transactions hit a record of $14 billion in 2021. Despite this, the yearly trend indicates that crime is becoming an ever-smaller... Read more »
The estimated leverage ratio for Bitcoin (BTC) hit a new all-time high last night, according to CryptoQuant. Further metrics point to growing leveraged interest, but liquidations have remained relatively low. According to... Read more »
There’s hardly a day in crypto without a celebrity announcing a purchase of a Bored Ape or some similar high-end profile picture NFT, often to be flexed in the Twitter profile of... Read more »
Measures imposed by authorities to quell mass protests in mining hotspot Kazakhstan are affecting cryptocurrency markets and the Bitcoin network hashrate. To deal with the civil unrest caused by rising fuel prices... Read more »
Bitcoin (BTC) formed a trading pattern on Jan. 8 that is widely watched by traditional chartists for its ability to anticipate further losses. In detail, the cryptocurrency’s 50-day exponential moving average (50-day... Read more »
Key Takeaways Bitcoin has broken below a strong foothold at $45,000. The next critical support zone lies between $39,000 and $37,300. Failing to hold above this level could send Bitcoin to $30,000... Read more »
Cryptojacking activity seems to be losing momentum, specifically types that mine monero, as a recent report unveiled a slowdown in the illicit crypto-mining activities in the cloud. A threat intelligence firm compiled... Read more »
Ethereum is undoubtedly the leading blockchain in DeFi, but this could be about to change as analysts at JPMorgan have noted that the dominance of the asset in the space could already... Read more »
