Cryptocurrency News
The overall crypto market is down 1% today with Bitcoin dropping to its lowest level in two weeks. It has recovered briefly in the past hours but is likely to resume selling soon. Its dominance against altcoins currently stands at 52.1%. Bitcoin appeared to have finally suspended bullish after rejecting […]
The recent surge in Ordinals inscriptions, not limited to Bitcoin alone, has sent shockwaves through various blockchain networks, notably impacting Ethereum Virtual Machine (EVM) chains with a significant increase in gas spending during the weekend. Bitcoin’s inscription phenomenon has posed a unique set of challenges, and its repercussions have extended […]
Bitcoin ($BTC) has encountered a noticeable setback in its growth trajectory over the past month, raising concerns about the sustainability of its recent climb to $44,000. Based on Ali’s chart on X, Bitcoin’s price has dipped below a critical supply zone, ranging from $41,200 to $42,400. Within this range, 1.87 […]
In a notable development, MultiBit has emerged as the pioneering dual-sided bridge, revolutionizing seamless cross-network transfers between BRC20 and ERC20 tokens. This innovative bridge, by facilitating effortless movement of cryptocurrency tokens between Ethereum Virtual Machine (EVM) networks like Ethereum and BNB blockchains, and the Bitcoin blockchain, significantly enhances cross-chain interoperability. […]
In a rapid turn of events, the Bitcoin Ordinals token $SATS has experienced a significant surge in value shortly after being listed on the renowned cryptocurrency exchange Binance. The recent bullish momentum is not isolated to $SATS alone, as Ordinals Brc-20 tokens have been witnessing substantial price gains, creating a […]
Despite the notable sell-offs witnessed as Bitcoin breached the $40,000 threshold over the past weekend, the leading cryptocurrency has sustained its bullish trajectory. In the face of significant declines in major tech stocks, a surge in Treasury yields, and a retracement in gold prices following a previous record high, Bitcoin […]
As Bitcoin failed to provide a lower price discount, the price continued to break higher – registering a total of 50% gain in the last 30 days. More rallies are expected if it keeps breaking higher. Bitcoin advanced rally last week after staying in a three-week consolidation phase. It entered […]
As we bid farewell to a bullish November, Bitcoin ($BTC), the world’s leading cryptocurrency, achieved remarkable milestones, boasting a noteworthy 10% gain for the month and reaching a yearly high at $38,415 this week. ——————————————— New Record Bitcoin Hashrate———————————————490,000,000,000,000,000,000x Hashes Per Second pic.twitter.com/4eCTPhFT9U — Documenting ₿itcoin 📄 (@DocumentingBTC) November 29, […]
Since Bitcoin tested the upper boundary of its channel this month, the volatility dropped as it entered a consolidation phase. It is still trying to regain momentum on a daily but lacks enough volume to sustain the rally. Bitcoin’s consolidation phase extended this week amid low volatility. The trend is […]
Recently, an anonymous trader has caught the attention of the crypto community by racking up an astonishing $3.1 million in transaction fees while moving 139.42 Bitcoin. This eye-popping transaction fee has now etched its place as the eighth highest in Bitcoin’s 14-year history. Notably, back in 2016, the record for […]
In a notable stride towards enhancing Ethereum’s scalability, Ethereum Layer 2 Blast has made its debut in early access mode. With substantial financial backing of $20 million from investors such as Standard Crypto and Paradigm, Blast aims to set the stage as a frontrunner in Ethereum Layer 2 solutions, introducing […]
The journey of Maker ($MKR) has been anything but predictable over the past few months. Despite hitting a yearly high at $1623, the market posed significant resistance, prompting the bears to take control. However, in a surprising turn, Maker seems to be gaining gradual momentum in recent hours, marked by […]
Due to the latest price drops across the market, Bitcoin went red and lost over 4% in the last 24 hours. Still, its dominance stands at 51.8% as the fear and greed index drops to 67. More bleeding may surface! Bitcoin appeared to be losing ground again after a quick recovery […]
In a surprising twist, Bitcoin has reclaimed its top spot for daily transaction fees, leaving Ethereum behind after a three-year stint as the fee frontrunner. Ethereum’s charm lay in its flexible blockchain tech, giving rise to a plethora of decentralized apps (dApps) and spiking transaction fees, especially in the realms […]
In a strategic move to bolster on-chain insights across the blockchain ecosystem, Binance Labs, the venture capital and incubator arm of Binance, has invested in $ARKM, the native token of Arkham. Notably, Arkham is a powerhouse in AI-driven blockchain intelligence and data platforms. It aims to reform transparency in the […]
After increasing by 50% in two months, Bitcoin paused its rally and slipped under $37,000. Despite that, the trend remains bullish on the higher timeframe. Amid the latest drops, its dominance stands at 51.1%. The latest drop in Bitcoin’s price was triggered by a sudden rejection after almost hitting $38,000 […]
Bancor (BNT), the decentralized liquidity protocol, has encountered a momentous circle back lately, seeing its market capitalization over triple in the range of only four days. Of course, this unprecedented spike appears to have been incited by Whale’s investment and huge holders reliably. 10,000 $BNT Wallet Holders Continues Massive Accumulation […]
Immutable’s IMX token has quite recently hit a significant achievement, reaching more than $1 in value, marking its highest point in the last six months. The reason behind this notable surge? A strategic partnership between Immutable and gaming giant Ubisoft. This collaboration aims to reshape the gaming landscape, tapping into […]