BTC price recovers to 3-day highs as new whale support forms at $19.2K
At least some were buying the dip below $20,000, data shows, while PlanB fields fresh criticism of his Stock-to-Flow BTC price models. Go to Source Powered by WPeMatico
Month: June 2022
Scams in GameFi: How to identify toxic NFT gaming projects
While NFTs could change the gaming economy, some blockchain-based projects can be less than honest. Go to Source Powered by WPeMatico
Digital Collectible Downturn — NFT Sales Slid More Than 74% Lower Than the Month Prior
While digital currencies suffered this past month, non-fungible token (NFT) sales dropped by 74.44% during the last 30 days. Data shows that during the last seven days, NFT sales have slipped 17.33% lower than the sales recorded the week prior. NFT floor values for popular collections have rebounded this week in terms of ethereum value, … Read more
Bitcoin, Ethereum, XRP, Solana Prices Show Bullish Momentum After Weekend Selloff
As recession fears pushed stock markets and cryptocurrencies to two-year lows last week, things are looking better this Juneteenth, as a federal holiday observes the end of slavery in the United States. Stock markets are closed today, which provides an extra day for cryptocurrencies to show bullish momentum and regain some of their prices. However, … Read more
Record stablecoin market share points to crypto upside: JPMorgan
Despite the FUD around stablecoins, the percentage of stablecoins in the total market cap has been growing recently, hitting new all-time highs. Go to Source Powered by WPeMatico
South Korean prosecutors ban Terra employees from exiting the country: report
Employees of Terra have reportedly been prohibited to exit South Korea as investigations by the prosecutors continue. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: BTC Back Above $20,000 as Cryptos Rebound
Following a weekend trading below $20,000, bitcoin rallied by over 10% on Monday to recapture this level. Cryptocurrencies were mainly in the green to start the week, as bulls seemingly bought the weekend’s dip. ETH was almost 15% higher in today’s session. Bitcoin Bitcoin rebounded from recent drops to start the week, as prices were … Read more
What Ethereum use case can make ETH a $500B market cap asset: Community answers
From a universal trustless authentication to decentralized autonomous organizations, Redditors discussed what use cases can drive Ether’s value up. Go to Source Powered by WPeMatico
Ethereum analyst warns of ‘clean fakeout’ despite 30% ETH price rebound
One of Ether’s on-chain indicators signals the token has entered its bottoming out phase. Go to Source Powered by WPeMatico
Russian Finance Ministry Rules Out Sale of Oil for Bitcoin
The Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the department means that cryptocurrencies may be used in barter deals, but not as legal tender. Crypto Payments Not for Russian State Settlements, Ministry of Finance Says Cryptocurrency … Read more