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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June 02, 2021

Dogecoin Spikes Following Coinbase Pro Listing

Dogecoin (DOGE) posted a +15% spike yesterday, following an announcement that the sixth-largest cryptocurrency was finally getting listed on Coinbase Pro. Coinbase noted that inbound transfers of DOGE are available across their supported jurisdiction. According to the announcement, customers can be...

#CRYPTOCURRENCY #DOGE #DOGECOIN #NEWS

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June 01, 2021

Bitcoin Market Analysis: Long-Term Holders are Not Selling

According to the weekly on-chain report from analytics company Glassnode, the rate at which older Bitcoin (BTC) gets spent has decreased significantly. This insight is indicative that many traders are willing to hold their assets through the current market consolidation. Glassnode noted that: “A pe...

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May 31, 2021

Ripple vs. SEC: Court Rules Against SEC’s Request for Ripple Legal Memo

The United States Securities and Exchange Commission has suffered a setback in its ongoing case against Ripple Labs. Magistrate Judge Sarah Netburn ruled against a motion by the SEC to gain access to Ripple’s private memos discussing the sale of XRP with its lawyers. The Commission sought to prove ...

#CRYPTOCURRENCY #NEWS #RIPPLE #SEC #XRP

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May 30, 2021

Bitcoin Price Analysis: Market Regains Modest Bullish Momentum

Last week, the crypto market saw billions of dollars flow out of the industry as Bitcoin (BTC) struggled to stay afloat. After a failed attempt at the $40k level, BTC plunged below the $34k level yesterday. At press time, the benchmark cryptocurrency trades at $36,200 per unit and is up by 4.7% aga...

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May 28, 2021

Cardano Upgrade: IOHK Announces Alonzo Launch

The host company of Cardano (ADA), Input-Output Hong Kong (IOHK), has just announced the launch of the testnet for the Alonzo Smart Contracts platform and detailed its rollout blueprint. The Alonzo launch will, reportedly, occur in multiple stages, with every phase classified by color. The current ...

#ADA #Alonzo #Cardano #CRYPTOCURRENCY #NEWS

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May 27, 2021

Bitcoin Remains Choppy Despite Renewed Investor Optimism

Bitcoin (BTC) and the rest of the cryptocurrency industry slipped lower in the early hours on Thursday. However, the cryptocurrency did not fall to its recent lows as most traders are optimistic that BTC is recovering. Bitcoin fell to the $37,120 low in the Asian session today, while Ethereum (ETH)...

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