June 14, 2021

Ripple Rebounds as Market Sentiment Turns Bullish

Ripple (XRP) has regained some bullish traction over the past 24 hours, as the broader market sentiment lightens up on Monday. Market sentiment got a boost yesterday from a recent tweet from Elon Musk, despite warnings from hacker group Anonymous. Musk tweeted that his company (Tesla) recently sold...

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June 13, 2021

Bitcoin Market Analysis: Market Stalls Following Weekend Slide

After suffering a plunge yesterday, Bitcoin (BTC) appears to have fallen into consolidation between $35k and $36k, as altcoins follow in a similar movement. The benchmark cryptocurrency began the weekend in an upbeat tone following the adoption news from El Salvador and hints from Paraguay, India, ...

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June 11, 2021

Polygon Partners with 0x in Crowdfunding Project to Expand Its User Base

Polygon (MATIC) has announced a partnership with 0x, a decentralized exchange (DEX) protocol, to raise $10.5 million in funding to expand its user base. According to a press release, the funds will support projects and developers on the Polygon network, ultimately resulting in the development of a ...

#0x #CRYPTOCURRENCY #MATIC #NEWS #Polygon

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June 10, 2021

Bitcoin Rallies Amid Announcement of Mining Ban in Xinjiang

According to local reports in China, two Chinese provinces have placed a ban on Bitcoin (BTC) and crypto mining operations as the Chinese government seeks to cut down on its country’s carbon emissions. Miners in Shandong Economic and Technological Development Park, based in Changji Prefecture, Xinj...

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June 09, 2021

Ethereum Gas Fees Plummets to YTD Lows, Following Market Crash

As the cryptocurrency market cools down following its recent crash, Ethereum (ETH) transaction fees have dropped significantly. Reports show that Ethereum network gas fees have fallen to their lowest point since the beginning of the year. One of the advantages of a down-trending market is that dema...

#CRYPTOCURRENCY #ETH #Ethereum #NEWS

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June 08, 2021

Bitcoin Market Analysis: Market Crashes Following Consolidation

The cryptocurrency market continues to affirm its immensely volatile nature as Bitcoin (BTC) and the altcoin sector suffered a massive crash over the past 24 hours. This crash comes following a protracted period of consolidation in the market. Given that Bitcoin finds it hard to stay still for too ...

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June 06, 2021

Bitcoin Market Analysis: Square Announces Bitcoin-related Project Plans

Jack Dorsey’s Square Inc has announced that it has two Bitcoin (BTC) projects lined up on the horizon. The first involves the company investing $5 million in a solar-powered Bitcoin mining facility. To conduct this task, Square has partnered with Blockstream Mining, a Canadian blockchain-based tech...

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June 04, 2021

Cardano Creator Hoskinson Praises Buterin for Positive Project Comments

CEO of Cardano (ADA) and IOHK, Charles Hoskinson, appears to be squashing his long-lived dispute with Ethereum co-founder Vitalik Buterin. Hoskinson praised the Russian-Canadian developer as mature and confident following his recent appearance on the Lex Friedman podcast. Following an ironic acknow...

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June 03, 2021

Bitcoin Market Analysis: CryptoQuant Reveals Bullish Potential for BTC

According to a new report from CryptoQuant, Bitcoin (BTC) might be on its way to a massive leg up based on several on-chain indications. Some of these indications include the fact that miners have stopped offloading newly-minted coins into the market, likewise long-term hodlers. Also, the Stablecoi...

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