On June 20, the trading price of Ether (ETH) was oscillating between two particular ranges. These ranges were reportedly $1,200 and $1,050. Although the back and forth movement of ETH showed low volatility, still, the bulls did not lose their confidence in the rally. They continued with their strong sentiments and kept pushing forward. Although … Read more
On Tuesday, Bitcoin steadied after it had hit a low of 18 months earlier, as the volatile asset class was shaken up by the announcement of Celsius to halt withdrawals and the possibility of sharper interest rate hikes by the US Federal Reserve. Bitcoin climbs to positive territory Overnight, the largest cryptocurrency in the world … Read more
Bitcoin (BTC/USD) keeps consolidative tendencies, steadying beneath the crucial levels of $32,845, which represents the 24 January lows. Also, the world’s largest crypto remains under the downside lines formed from the 28 March peak. 5 May sessions saw BTC plunging beneath the bottom area of an upward channel and respected the mentioned downside line, translating … Read more
Terraform Labs, which was founded by Do Kwon, has found itself under the investigation of the prosecutors and police in South Korea. They launched an investigation into the company after the global crypto market was rattled when its tokens resulted in a $40 billion implosion. According to the Seoul Metropolitan Police Agency, they were going … Read more
Before the Russia-Ukraine conflict began, Indian Potash Ltd (IPL) had set up a deal with Russia’s Sberbankthat would allow the company to use rupees to pay for Belarusian potash instead of dollars. However, people familiar with the matter said that the Russian bank had not yet processed the first payment, which means that the deal … Read more
On Friday, Loretta Mester, the President of the Federal Reserve Cleveland, stated that the central bank may have to continue raising interest rates at the same pace till September unless they would find ‘compelling’ evidence showing that inflation had hit its peak. Along with other policymakers of the Fed, including Chairman Jerome Powell, Mester has … Read more
On May 31, the trading price of Bitcoin (BTC) successfully hit the trading price of $32,659. It is currently the overhead resistance mark for Bitcoin. Once the bulls reached the mark, they tried to keep it under their control. The bulls did invest a lot of money in the cause in order to push Bitcoin’s … Read more
Cardano gained around 27% within the past day as the platform awaits its much-anticipated Vasil fork set to arrive in June. Briefly – ADA surged more than 27% today, surpassing Ripple as the 6-largest token in the crypto list. The uptrend precedes that anticipated Vasil upgrade, which will improve the blockchain’s efficiency and throughput. The … Read more
Recent reports suggested the Terra fall early in May didn’t emerge from one party. Instead, Nansen analysts flagged seven wallets as they evaluated on-chain stat from Ethereum to Terra. Moreover, the report concluded that hackers didn’t perform the de-pegging fiasco. The Nansen research (titled Demystifying TerraUSD De-Peg) attempts to investigate the Terra crisis. The reports … Read more
Ethereum (ETH) has been on a steady decline since April. The intense selling momentum scared all market players, with ETH long-investors who have held for more than a year deciding to sell. Which patch is Ethereum likely to take on its price charts. USDT has had its dominance metric falling since May 12. It plunged … Read more