Ethereum - The Urban Mine

Bitcoin market cap dominance hits 2-month high as altcoins struggle

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Posted on February 1, 2022

Bitcoin (BTC) is retaking market share from altcoins after its market cap dominance hit its highest since November 2021 last week. Data from CoinMarketCap and TradingView reveals BTC briefly accounted for over 42% of the overall crypto market cap in late January. Bitcoin claws back market cap presence Having suffered on the way down from

2 key Bitcoin price metrics suggest BTC is primed to reclaim $40,000

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Posted on January 31, 2022

Cryptocurrencies had a volatile week after Bitcoin’s (BTC) sudden crash to $33,000 on Jan. 24. However, the sharp 9% drop fully recovered within 8 hours after BTC price regained the $36,000 support. On Jan. 26, Bitcoin rallied to $38,960 but it could not sustain the level and corrected by 8.8% in the following 8 hours.

Altcoins rack up 30% gains as Bitcoin price chases after $39,000

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Posted on January 31, 2022

The cryptocurrency market is in a state of confusion on Jan. 31 as many traders view Bitcoin’s (BTC) weakness as a sign that a crypto winter is beginning, yet increasing news of adoption and multi-million-dollar financing rounds continue to make headlines on a regular basis. As Bitcoin trades at $38,500, analysts are highlighting the current price action

Large Cardano (ADA) Holders More Than Double Their Holdings in Just 10 Days: Crypto Insights Firm Santiment

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Posted on January 31, 2022

Crypto analytics firm Santiment says there are some under-the-radar bullish fundamentals developing behind the scenes for Cardano (ADA). According to the firm, deep-pocketed Cardano holders have suddenly doubled down on their investments as ADA trades near the $1 mark, adding over 113% more coins to their stacks. “Cardano’s price, like many altcoins, have plummeted in

BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX

By - admin
Posted on January 31, 2022

Bitcoin (BTC) started the 2022 on a losing note, dropping about 20% to its worst performance in January since 2018 when the price plunged 26.61%, according to on-chain analytics resource Coinglass. Now, all eyes turn to February, which has historically favored the bulls. The only two negative closes in February were in 2020 and 2014. One

Blockchain enthusiast allegedly losses $500k by sending WETH to contract address

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Posted on January 31, 2022

In a now-deleted deleted profile, an anonymous Reddit user allegedly lost close to $500 thousand on Sunday after sending wrapped Ether (WETH) directly into a WETH wrapping smart contract. WETH came into existence as a way for Ether (ETH) to conform to the ERC-20 token standard so that it can be traded directly with altcoins

NFT philanthropy demonstrates new ways of giving back

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Posted on January 31, 2022

NFTs, or nonfungible tokens, have created a wealth of opportunities over the last year. Data from market tracker DappRadar found that NFT sales reached $25 billion in 2021. Artwork NFTs in particular have seen impressive growth. Financial services firm FinancePR recently determined that 257 artists generated at least $1 million in the past 30 days

Powers On… The Fed endorses cryptocurrency — Kind of – Cointelegraph Magazine

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Posted on January 31, 2022

This month, the Board of Governors of the United States Federal Reserve System issued its widely anticipated report on the nation’s possible use and adoption of digital currencies for its financial system. The document is titled “Money and Payments: The U.S. Dollar in the Age of Digital Transformation,” and true to its name, the paper

Ethereum price risks dropping to $2K on ‘bear flag’ setup

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Posted on January 31, 2022

Ethereum’s native token Ether (ETH) will extend its 30% slump this year to the lowest price level since July 2021, if a textbook technical indicator plays out. Ethereum chart paints bearish pattern ETH’s price fell to its six-month low of $2,159 on Jan. 24, 2022, only to rebound sharply to as high as $2,724 days

Cross-chain bridge tokens moon as crypto shifts toward interoperability

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Posted on January 30, 2022

Interoperability is shaping up to be one of the main themes for the cryptocurrency market in 2022 as projects across the ecosystem unveil integrations that make their networks Ethereum (ETH) Virtual Machine (EVM) compatible. While this has been one of the long-term goals of the ecosystem as a step on the path to an interconnected

Category: Ethereum