June 16, 2021

Cardano Market Analysis: Bullish Sentiment Remains

Cardano (ADA) has posted a healthy rebound above the $1.5500 level in the early hours of Wednesday, following a 2% slip the session before. Nonetheless, trading volume and volatility are still on the weaker side, while the cryptocurrency currently trades at $1.5650. Even though the long-term prospe...

#ADA #Cardano #CRYPTOCURRENCY #NEWS

Read More

June 15, 2021

Bitcoin Rebounds as MicroStrategy Doubles Down on BTC Investment

As Bitcoin (BTC) regains bullish momentum, MicroStrategy, led by one of Bitcoin’s most prominent supporters, Michael Saylor, has just sealed another senior secured notes offering to purchase more BTC. According to an official announcement yesterday, the investment company has completed a $500 milli...

#BITCOIN #BTC #CRYPTOCURRENCY #MicroStrategy #NEWS

Read More

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...

#CRYPTOCURRENCY #NEWS #RIPPLE #XRP

Read More

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, ...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

Read More

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

Read More

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...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

Read More

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

Read More

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 ...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

Read More

June 07, 2021

Ethereum Option Contracts Highlight Current Market Uncertainty

After reviewing Ethereum (ETH) options for June 25, one can get the palpable sense of uncertainty in the market. At the moment, there are several bets for prices to fall below $1k, while other bets expect prices to soar above $3,800. A new report by CoinShares, a digital assets management firm, rev...

#Cryprocurrency #ETH #Ethereum #NEWS

Read More