The overall market cap of cryptocurrencies dropped by more than $100 billion on Friday.
A Spanish real estate platform has listed its first-ever property for sale for cryptocurrency. The offer is entirely online, and whoever wants to buy the apartment in Barcelona must pay in bitcoin.
The Tokyo District Court has made an order to file the Draft Rehabilitation Plan for Mt. Gox towards a resolution.This recent ruling on the rehabilitation plans comes as positive news for its previous clients, however, this has had dire effects on Mt.
The exchange was valued at $4 billion in its last funding round.
PRESS RELEASE. Established in 2016, Hashbon aims to provide payment services for both business and individual clients.
The research note added that cryptocurrencies are investment vehicles, not funding currencies.
Kraken is reportedly in talks with top investment firms including Fidelity and Tribe Capital for a fundraising round that could value the company at $10 billion or more.
A new poll has found that more Australians invest in cryptocurrencies than in gold and silver .... but only by a tiny margin.
If you are a marketer of a crypto project, you always search for new ways to grow.
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has defended the apex bank’s decision to exclude cryptocurrency transactions from the banking ecosystem. In his testimony before the Nigerian Senate, Emefiele claimed that the February 5 directive is “in the best interests of Nigerians.
On Thursday, February 25, the U.S. markets plunged with Dow Jones (INDEXDJX: .DJI) tanking over 500 points in a single day.
Ethereum rejection at $1,700 leads to losses under $1,500. A double-bottom pattern brings hints at a potential recovery toward $1,800.
Crypto industry captains are throwing their support behind a long-term project from MIT’s Digital Currency Initiative to enhance Bitcoin’s security.
Bitcoin risks dropping to $35,000 on account of a bear flag pattern. The RSI’s negative divergence adds weight to the bearish narrative.
Beeple’s Crossroads NFT has been resold for $6.6 million, more than 100 times its original price, and smashing the previous record of $1.5 million for an individual NFT.
Bitcoin would serve as a hedge against fluctuations in traditional assets.
Bitcoin (BTC/USD) weakened early in today’s Asian session as the pair depreciated to the 46000 area after trading as high as the 52107.83 area during the North American session, with the interday high representing a test of the 100-hour simple moving average, and the 23.6% retracement of the appreciating range from 32200 to 58367. The intraday low represents a test of the 38.2% retracement of the appreciating range from 41509 to 48912. Traders continue to monitor the movements of BTC/USD around the psychologically-important 50000 figure. Stops were recently elected below a series of downside retracement levels including 51473.20, 50674.71, 49674.05, 48741.27, 48371.21, and 47208.40. If BTC/USD extends its move lower, traders will pay close attention to potential areas of technical support including 44441.89, 43761.50, 42786.36, 42259.21, and 41537.23. Stops were recently elected above many significant technical levels during the latest move to a new all-time high, including the 51732.54, 52505.24, 53194.95, 53276.47, 54400, 55266.17, 55715.92, 56761.65, and 57427.73 levels. These areas relate to historical buying pressure around the 17580, 21913.84, 27678, 16200, 27678, 21913...
Ethereum (ETH/USD) came off early in today’s Asian session as the pair depreciated to the 1445.79 area after trading as high as the 1672.49 area during the North American session, with the interday high representing a test of the 50% retracement of the depreciating range from 1976.72 to 1356. Chartists observe the intraday low was just below the 23.6% retracement of the depreciating range from 1805.03 to 1356. Stops were elected above various retracement levels during the recent recovery higher, including the 1633.50 area that represents the 61.8% retracement of the depreciating range from 1805.03 to 1356. Stops were elected below many downside retracement levels during the depreciation earlier this week, including 1773.22, 1747.24, 1722.31, 1702.67, 1656.37, 1607.31, 1585.49, and 1540.52. If ETH/USD extends its recent depreciation, potential technical support includes 1328.99, 1285.87, and 1205.96.
Retail users have flocked to cryptocurrencies in 2021, with Robinhood reporting an increase in new monthly crypto traders of 15 times last year's average.
Bridgewater’s director of investment research Rebecca Patterson has said that bitcoin could become digital gold if the cryptocurrency’s volatility drops and its liquidity improves with “regulatory certainty.” Patterson’s words came during an interview with Bloomberg, first reported on by Business Insider.