After a slow weekend where the price more or less remained unchanged, Bitcoin made a move today, giving new bullish targets.There might be a reason for that, according to analysts at CryptoQuant.Bitcoin Price Eyes $60KEarlier today, CryptoPotato reported that Bitcoin’s price appeared stuck around $55K despite the volatility during the weekend.However, being the beginning of a new week, Monday saw positive developments in regards to the price, as BTC soared around $3,500 in a matter of hours,...
Read More »Ari Wald: Bitcoin’s Volatility Isn’t Going Anywhere
Bitcoin has always been marred by its volatility, and according to technical analyst Ari Wald of Oppenheimer, this isn’t going to stop anytime soon. Ari Wald Doesn’t Think BTC’s Volatility Will End Bitcoin is the world’s largest and most popular cryptocurrency by market cap. The asset was first introduced to the public about 12 years ago and has, to be fair, come a long way since then, but it’s certainly had its share of problems – problems that have ultimately prevented...
Read More »KickPad: Pioneers in DeFi’s Anonymous Future
KickPad launched a few days ago and has taken the BSC market by storm. They have trended on Coinmarketcap, Coingecko, and reached a peak volume of over $60,000,000. Additionally, they have partnered with notable projects, advisors & investors such as DuckDAO, AU21, Orion Protocol, Garlam Won, and Momentum 6. How has KickPad managed to do all this in such a short timeframe? The answer might lie in their vision: KickPad aims to get investors one step closer to a better...
Read More »Coinbase Gets a Slap on the Wrist from the CFTC
Popular leading cryptocurrency exchange Coinbase is getting some guff from the Commodity Futures Trading Commission (CFTC) in the form of a $6.5 million penalty. Coinbase Is Forced to Pay a Fine The trading platform is being accused of providing misleading accounting information to the organization and for inflating trading figures. In addition, a former employee that no longer works with Coinbase is being accused of a tactic called wash trading, so what does all this...
Read More »Binance Smart Chain Integrates Wrapped IOTA to Stake, Yield, and Earn
Holders of the IOTA token will be able to participant in the ongoing DeFi craze on the Binance network. This has become possible after a partnership between the two parties enabling users to interact on Binance Smart Chain via wrapped IOTA.Wrapped IOTA on BSCLaunched as a competitive network to Ethereum but providing significantly lower fees for transactions, Binance Smart Chain has enjoyed a rapid increase in popularity and use cases. Several months down the road, BSC even surpassed Ethereum...
Read More »Users Can Now Book Flights With Dogecoin (DOGE) on AirBaltic
Latvia’s flag air carrier, airBaltic, has reaffirmed its pro-cryptocurrency approach by enabling customers to make bookings with other digital assets, including Ether (ETH), Dogecoin (DOGE0 and Bitcoin Cash (BCH). Those tokens have joined the list of four USD-pegged stablecoins and the first-ever cryptocurrency – Bitcoin.DOGE and ETH to Be Used for Air TravelAS Air Baltic Corporation, also referred to as simply airBaltic is Latvia’s flag carrier that has also displayed a pro-digital asset...
Read More »TRON’s Justin Sun to Bridge Blockchain and Artists Via the JUST NFT Fund
Justin Sun, the CEO of TRON and BitTorrent, has doubled-down on his NFT-related endeavors by announcing a designated fund. Called JUST NFT Fund, it aims to close the gap between the most recent craze in the blockchain space and artists wanting to release their own non-fungible tokens.Sun’s NFT FundJustin Sun, and his blockchain-based projects, have been neck-deep with the ongoing NFT craze. Apart from bidding some mindblowing amounts on various NFT projects, Sun has also partnered with...
Read More »BNY Mellon Refers to S2F Model and Gold Comparison to Determine Bitcoin’s Value
A few months after launching Bitcoin custodial services in the US, the nation’s oldest bank, BNY Mellon, has doubled-down on its interest and involvement with the first-ever cryptocurrency. It has published a report attempting to determine bitcoin’s value by comparing BTC with gold and referring to the popular stock-to-flow model.BNY Mellow Evaluates BTCIt wasn’t that long ago that giant banks steered clear from the entire cryptocurrency industry while only making brief and rare comments...
Read More »Bitcoin Price Analysis: BTC Soars $3,500 in Hours, Now Facing Critical Resistance
After a calm and stable weekend, Bitcoin starts the new week following exciting news about Visa accepting payments in USDC.Over the past week, BTC recorded its lowest price in 2.5 weeks. This happened on Thursday.However, Bitcoin showed strength, finding support on top of the 50-day moving average line (marked pink as can be seen on the following chart) and maintaining this critical support area (around $51k) on a daily timeframe.Over the following days, the strong momentum continued as...
Read More »Visa to Settle USDC Transactions on Ethereum
Visa is to become the first large payments network to use a stablecoin as a settlement currency. By partnering with the popular cryptocurrency exchange Crypto.com, the San Francisco-headquartered giant will offer a crypto settlement system for fiat transactions based on the Ethereum blockchain. According to the announcement from earlier today, Visa has joined forces with Crypto.com to bring its first-ever non-fiat settlement program. The company’s standard settlement process requires parties...
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