Category: Blockchain

Bitcoin (BTC) finds itself in a consolidation state after dropping from the psychological mark of $60,000. The leading cryptocurrency is trading at $57,416 at press time, according to CoinMarketCap. Market analyst and trader Michael van de Poppe disclosed that BTC needs to hold above the $55K price level for it to rally higher. He explained:

In his ever bullish position about Bitcoin (BTC), Michael Saylor, the Chief Executive Officer of business intelligence firm MicroStrategy has highlighted that “Bitcoin is an idea whose time has come.” Taking pride as the CEO of the first publicly-traded company to invest in and adopt Bitcoin as a Treasury reserve asset, Saylor said in an

After soaring to a new all-time high of over $61,500 on March 13, Bitcoin has since pulled back to the $57K level. Currently, the mainstream cryptocurrency appears to be consolidating around $57,000. In the short-term, Bitcoin’s support level is pinpointed at $56,000. Should it fail to uphold above this support level, Bitcoin may potentially fall

THETA is a cryptocurrency that provides technical and economic solutions for Theta’s decentralized video delivery network. Theta blockchain is an end-to-end infrastructure for decentralized video streaming. With the rise of mass media on the Internet, the THETA token quickly attracted the attention of many investors. According to CoinMarketCap, THETA is currently ranked No.13, worth $9,731,455,689. The

The total number of Ether deposited in Ethereum 2.0 continues to grow as more people are showing interest and looking to take part in the network’s Proof-of-Stake (PoS) model. As outlined by on-chain data analytics provider Glassnode, the “total value in the ETH 2.0 Deposit Contract just reached an ATH of 3,559,106 ETH.” The growth

The discovery hearing between the Securities and Exchange Commission and Ripple Labs may have tipped the scale in the latter’s favour. During the hearing, Magistrate Judge Sarah Netburn responded to Ripple CEO’s attorney Matthew Solomon to remark on XRP. She said: “My understanding of XRP is that not only does it have a currency

Following a memorandum of understanding (MoU) between the Dubai Multi-Commodities Centre (DMCC) Free Zone and the Securities and Commodities Authority (SCA), crypto businesses have been granted the liberty to operate in DMCC once registered licenses are granted. Fostering crypto and blockchain growth in Dubai According to the announcement: “Working closely with DMCC’s onboarding teams,

US leading investment bank Morgan Stanley is reportedly negotiating to buy a significant share in Bithumb, a major crypto exchange in South Korea. The person familiar with the matter within the exchange has disclosed the US-based bank approached and is holding discussions with Vidente video equipment maker, a KOSDAQ company, which owns about a 10%

Bitcoin (BTC) continues making headlines based on the current bull run, which has made the leading cryptocurrency attain remarkable milestones not seen in its twelve-year journey. For instance, it recently hit an all-time high (ATH) price of $61,700 even though it has retraced to $59,050 at the time of writing, according to CoinMarketCap. Crypto analyst

The Brazil Securities and Exchange Commission (CVM) has approved the first Bitcoin exchange-traded fund (ETF) in the Latin American region. This follows after QR Capital cryptocurrency investment company’s application for a Bitcoin exchange-traded fund has been accepted in Brazil, which is the largest economy in Latin America. The investment fund will trade under the QBTC11