Analysis
Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,600 as Prices Extend Recent Declines
Ethereum was once again trading in the red, as prices of the token fell below $1,600 during today’s session. Tuesday’s drop is the fifth consecutive day that prices of the cryptocurrency have moved lower. Bitcoin also extended its...
Reports Say Beijing Attacking Taiwan Could Lead to ‘Far-Reaching Economic Consequences’
While the global economy remains gloomy and the war in Ukraine continues, there’s been significant tension between China and Taiwan. The American representative from California, Nancy Pelosi, plans to visit Taiwan this week and White House officials say...
Nigerian Central Bank Told to Consider Floating the Naira, Recent Interest Rate Hike Slammed
The Central Bank of Nigeria should be discontinuing the fixed exchange rate system and let the naira freely float against the major currencies, Alhaji Aminu Gwadabe, the leader of a Nigerian association of bureau de change operators has...
Value Locked in Defi Stalls Before Reaching the $100 Billion Mark, Cross-Chain Bridge Statistics Crater
During the last few weeks, the total value locked (TVL) in decentralized finance (defi) has come awfully close to reaching the $100 billion mark again, but it fell short this week. Today, the value locked across the defi...
Report: Crypto Hardware Wallet Maker Ledger Seeks $100 Million Capital Raise
The French cryptocurrency hardware wallet manufacturer Ledger is seeking to raise fresh new capital after raising $380 million in June 2021, according to sources familiar with the matter. The hardware wallet company Ledger is reportedly looking to raise...
Hedera Hashgraph price recovery has taken a breather. Is it a buy?
Hedera Hashgraph is a blockchain project that aims to become the best alternative to Ethereum and other smart contract platforms. The platform uses the hashgraph distributed consensus algorithm that provides a near-perfect efficiency in bandwidth usage. As a result,...
CRO is up by 5% ahead of the Cronos Chain mainnet upgrade
The cryptocurrency market has been underperforming since the start of the week.The crypto market is having a poor start to the week. The total market cap remains above $1 trillion despite the broader market losing more than 4%...
Luxury Retailer Tiffany & Co. Announces Jeweled Cryptopunk Pendants Tied to NFTs
The luxury jewelry and specialty retailer Tiffany & Co. announced the firm is planning to sell 250 non-fungible token passes called “Nftiff.” Essentially, Cryptopunk holders will be able to acquire one of the 250 Nftiffs for 30 ether...
‘Bitcoin Valley’ Launches in Honduras — 60 Businesses Accept BTC to Boost Crypto-Tourism
Bitcoin Valley, the first bitcoin city in Honduras, has launched in Santa Lucia. Businesses in the area will accept bitcoin for payments. “In Santa Lucia, we are all going to participate in this project … Accepting bitcoin will...
Polkadot prediction as price slides after the recent breakout
Polkadot’s DOT is cooling after a 20% weekly surgeThe cryptocurrency could slide back to $8 as most cryptocurrencies correctTechnical indicators suggest that bullish momentum is underwayCryptocurrencies are taking a breather after recent recoveries. Polkadot’s DOT/USD is one such...
