Cryptocurrency News

After yesterday’s pump, cryptocurrencies have fallen into the red. Despite price corrections, Bitcoin’s reversal exerted pressure on other altcoins considerably. MATIC’s trading volume fell and its buying pressure depleted. Filecoin did not flash signs of increased volatility and lastly, Solana’s…

There has been a stark difference in how major cryptocurrencies traded yesterday to that of today, profits had fizzled out of the market as coins tumbled to trade near their vital support levels. The overall outlook of the crypto market still looked quite bearish. Dogecoin was fighting to find…

It’s futile to talk about the global cryptocurrency’s market current bull run without mentioning Ethereum. The world’s largest altcoin has seen a weekly surge of nearly 30% which actually sit slightly higher than Bitcoin’s percentage gains. However, ETH prices were still within the confines of a…

Since El Salvador’s president made the announcement to make Bitcoin legal tender in the country, equal amounts of praise and criticism have been thrown its way. Even as crypto enthusiasts have repeatedly referred to it as a revolutionary move, many experts have pointed out the negative consequences…

The stringent crackdown on cryptocurrency businesses and mining in China has led the prominent cryptocurrency exchange, Huobi to shut down its subsidiary functioning in the country. According to the publicly available records, Huobi submitted a ‘Resolution to dissolve’ Beijing Huobi Tianxia Network…

Bitcoin prices have enjoyed a bit of a bull run. Weekly gains amounted to over 28% and a steady uptrend saw prices climb above $40,000 for the first time in sixty nine days. Can BTC maintain its uptrend? Is BTC ready to recovery towards its ATH and maintain its bullish narrative for 2021? It was …

Bitcoin had a strong rally over the last couple of days, placing the coin at $37,000 also reaching $40,000 earlier in the day yesterday. So naturally the question of “Is this a bull run?” comes to one’s mind. Considering what on-chain metrics and analysts say, the answer might not be what one would…

As the legislative world starts to grapple with the functionality and potential of cryptocurrencies, several bodies have come out with research teams to improve their understanding of the emerging technology. The latest among them was Pennsylvania, where a bill to establish a crypto task force was…

Once a regular top 10 cryptocurrency, Bitcoin Cash has fallen slightly down the pecking order. Its year-to-date gains of 38% seemed pale when compared to its larger counterparts- some of which have seen percentage growth in triple digits. Nevertheless, BCH’s correlation with BTC has historically…

In 2020 the cloud computing services had a revenue of $312 billion, according to the International Data Corporations’ Worldwide Semiannual Public Cloud Services Tracker.  This included the services of IaaS (Infrastructure as a service), SaaS (Software as a service), and PaaS (Platform as a service).…

Coinbase became the first major digital asset-based organization that went public. On April 14th, 2021, the cryptocurrency exchange launched its IPO and incurred significant traffic in the beginning. It reached an all-time high value of $429 per share but since then, COIN has taken a major beating.…

The global crypto market cap was $1.52 Trillion after a 2.9% decrease over the last day. The market capitalization of major alts dropped too. XRP fell out of the overvalued territory today and buying pressure considerably decreased at press time, while ETH showed signs of volatility.  XRP XRP, at…