2022 was a crazy year for bitcoin and cryptocurrency. With all the talk regarding the fall of bitcoin’s price and value, it became easy to forget about some of the more obscure coins. Now, many of those assets are coming back into the fray, including Litecoin, which many analysts think is about to make a major comeback and become one of the biggest, most talked about assets of the new year. Litecoin Is Back, Baby! One of the reasons Litecoin is returning to everyone’s...
Read More »Avalanche Skyrockets 14%, Bitcoin Calm at $23K (Weekend Watch)
Bitcoin initiated another leg up late on Friday and tapped $23,500 but was stopped in its tracks and has returned to familiar ground. Most altcoins have charted more impressive gains, led by Avalanche, MATIC, OKB, Dogecoin, and others. Bitcoin Back Down to $23K It was last week when the primary cryptocurrency skyrocketed from $21,000 to a multi-month high above $23,000. This solidified the asset’s positive start to the new year, in which it has already shot up by roughly...
Read More »97 % der institutionellen Anleger glauben, dass der Bitcoin Kurs ein neues Allzeithoch erreicht
97 % der institutionellen Anleger glauben, dass der Bitcoin Kurs ein neues Allzeithoch erreicht Institutionelle Anleger gehen davon aus, dass es das beim Bitcoin Kurs noch längst nicht gewesen ist. Sie gehen von einem starken Jahr aus, und sind auch mittelfristig zuversichtlich. Dies zeigt eine aktuelle Studie der in London ansässigen Investmentgesellschaft „Nickel Digital Asset Management“. Konkret glauben 38 Prozent der Institutionellen, dass der...
Read More »What is SOL?
ETH alternative: Why SOL is getting attention? Solana is a blockchain platform that includes proof of history (PoH) technology to improve speed without sacrificing security. Because of its PoH technology, Solana is one of the fastest blockchains available, with an average processing speed of 2’700 transactions per second. The native cryptocurrency of the Solana network is the SOL token, which is currently in the top ten of all cryptocurrencies for...
Read More »9 Years Ago, A World-Changing Idea Was Shared
9 Years of Ethereum Many of you will no doubt know the key dates in Bitcoin’s history. October 31, 2008, when Satoshi shared the white paper for the first time. January 3, 2009, when the Genesis Block was mined with its famous embedded Times headline. But how many of us know the date January 23, 2014? On that date, nine years ago this week, a 19-year-old named Vitalik Buterin posted a message on the BitcoinTalk forum titled “Welcome to the New...
Read More »FBI Announces Takedown of Hive Ransomware Network
The FBI announced the takedown of Hive, a ransomware network with members across multiple states in Europe and North America, in a recent press release. The US agency stated that they had been on the case since at least 2021. Hackers Hacked Despite the efforts of the FBI, the network was tough to crack. However, in July of 2022, law enforcement was able to penetrate the cybercrime group’s control center, gaining access to the decryption keys that were to be given to victims...
Read More »New York Senate Bill Proposes Legalizing Crypto for Payment in State Agencies
A new bill introduced to the New York Senate seeks to make certain cryptocurrencies a legal form of payment for state agencies. This would include accepting crypto as payment for civil penalties, fines, taxes, and other fees charged by the state. As detailed in the legislation set forth on Thursday, accepted cryptocurrencies would include Bitcoin, Ethereum, Litecoin, and Bitcoin Cash, though it could include more. Specifically, the legislation describes cryptocurrency as...
Read More »Ark 21Shares Bitcoin ETF Rejected by the SEC Once Again
The United States Securities and Exchange Commission (SEC) rejected the joint effort of Ark Investment Management and 21Shares to list a spot Bitcoin ETF on the Cboe BZX Exchange. The agency dismissed another application filed by the partners in the spring of 2022. As indicated in a recent filing, the American financial regulator did not allow Ark 21Shares’ BTC Spot ETF to launch on the US market. The product was supposed to be listed on the CBOE BZH Exchange. However, the...
Read More »Opinion: Congress Should Not Be Permitted to Engage in Crypto Trading
With January having arrived, the new Congress has convened. While at the time of writing, the House of Representatives is still struggling to elect or even nominate a republican speaker, we can rest assured that things are going to go quite well for crypto in the coming months and that the country is now well on its way towards garnering a small bit of healing from all the trouble it’s been through since Biden entered the fray. Congress Needs to Stay Out of Crypto One of...
Read More »Bearish Signs for Ripple Appear, Will $0.40 Hold? (XRP Price Analysis)
Presently, XRP’s price action is not looking overly promising against either USDT or BTC. Things could worsen in the coming days if all remains as it is right now. Technical Analysis By: Edris XRP/USDT Daily Chart On the daily chart, the price continues its struggle to break above the $0.43 resistance level, following a push above both the 50-day and 200-day moving average lines. In case the cryptocurrency finally moves beyond the aforementioned level, a rally toward the...
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