Traders are using a variety of strategies to determine whether Bitcoin price has bottomed, but on-chain activity and derivatives data hint that the situation remains precarious.
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Top 5 cryptocurrencies to watch this week: BTC, MATIC, EOS, XMR, AAVE
MATIC, EOS, XMR and AAVE could rally higher over the coming days if Bitcoin price can sustain within the $30,000 to $33,000 support zone.
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EZ Blockchain Partners With Texas-Based Oil Provider to Monetize Wasted Natural Gas With Bitcoin
While a number of media pundits and politicians have been talking about Bitcoin’s energy consumption, there’s been a myriad of firms working toward green solutions well before all the controversy. Unfortunately, critics don’t highlight the amount of renewables miners use or the cogeneration applications. One project called EZ Blockchain has partnered with the Texas-based oil […]Powered by WPeMatico
Cardano leads tepid crypto market recovery ahead of Memorial Day
Fears of a nasty pre-Memorial Day selloff in cryptocurrencies may have been overstated, early indicators suggest.
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Experts answer: How does Elon Musk affect crypto space?
Here’s what crypto and blockchain industry experts think about Elon Musk’s recent comments on cryptocurrency.
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US Senator Urges Treasury Secretary Yellen to Take Action on Cryptocurrency Scams to Protect Investors
U.S. Senator Rick Scott has urged Treasury Secretary Janet Yellen to take action on cryptocurrency scams, which he said have risen 1,000% in the past year and cost consumers at least $80 million. “This is an unregulated industry, and the alarming amount of criminal activity surrounding cryptocurrency demands action,” he told Yellen. Senator Scott Alerts […]Powered by WPeMatico
Understanding the systemic shift from digitization to tokenization of financial services
Another hurdle financial services and institutions need to address is mainstream digital asset adoption.
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Brazilians Who Held $1,000 in Crypto Last Year Must Report It on Tax Returns by End of May
Taxpayers in Brazil have only a couple of days left to file their annual tax returns. Investors who had more than 5,000 reals worth of cryptocurrency in 2020, a little less than $1,000, are obliged to report the funds on their income tax declarations this year. Brazilians who fail to do that on time face […]Powered by WPeMatico
As Microsoft Azure closes shop, ConsenSys Quorum opens up to new users
Could the migration from Microsoft’s Azure Blockchain to ConsenSys’ Quorum Blockchain Service be good news? Is this where the enterprise blockchain industry is heading?
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Bitcoin’s Price Regains Some Losses, Signals Still Show Indecisive Crypto Markets
Digital currency market prices have been dropping during the last few days as the crypto economy now rests at $1.53 trillion in value. Crypto trade volumes have increased a hair on Sunday, and a few crypto assets have seen decent percentage gains over the course of the last seven days. Crypto Market Prices Consolidate While […]Powered by WPeMatico