Crypto news

The situation in the cryptocurrency market is currently as exciting as it has ever been. Bitcoin is charting new highs daily, altcoins are also starting to see some notable gains, resulting in massive growth for the entire market.For the first time ever, the market did something that not a lot of people believed in back a few years ago – it reached a total capitalization of $1 trillion.The Four Comma ClubIt took some time, but the cryptocurrency market capitalization has finally hit the...

The last hour saw massive volatility on the cryptocurrency market, which coincided with serious tension and protest in the US Capitol. Ultimately, after a tumultuous hourly candle, Bitcoin managed to break $36,000 and chart a brand new all-time high.Bitcoin’s price saw serious volatility during the last couple of hours. It went on a roller-coaster, dumping to a low of about $34,300 on Binance.Ultimately, the price surged right back and is currently trading above $36,000 to mark a brand new...

Jack Dorsey, the CEO of both Square and Twitter, isn’t a fan of any incoming cryptocurrency regulations.Jack Dorsey Isn’t in Favor of New Crypto RulesThis makes sense considering Square, one of his firms, recently purchased roughly $50 million in bitcoin a few months ago to become one of the first institutional enterprises to openly support bitcoin and hold such a large stake in it. It’s likely that Dorsey doesn’t want to take a hit for this purchase.However, in an open-word letter to the...

Bitcoin is back where it was. In other words, it’s close to again reaching the all-time high it attained earlier in the year. After yesterday’s drop to about $31,000, the world’s number one digital currency by market cap has suddenly added another $2,000 to its price and is now trading for around $33,000 again.Bitcoin Just Keeps Growing…But here’s even bigger news. The currency’s market cap has now surpassed $600 billion. Following a ten percent gain in the past couple of days, the asset is...

US investor, fund manager, and philanthropist Bill Miller believes that the global economic situation could drive large corporations to allocate more funds into bitcoin. The former Chairman and CIO of Legg Mason Capital Management said that the BTC adoption curve is very yearly, although the asset’s market cap has surpassed some prominent names.Rat Poison But For Cash; Miller SaysThe 71-year-old investor is among the most well-recognized and respected hedge fund managers, known for managing a...

ETH/USD – Ethereum Breaks $1000 and Surges As High As $1,161.Key Support Levels: $1100, $1042, $975.Key Resistance Levels: $1140, $1161, $1200.Ethereum continued to push higher today as it broke past yesterday’s closing price at $1100 to reach as high as $1170. It has since dropped slightly as it battles with the resistance near $1140 – provided by a long term bearish .786 Fib Retracement level.The coin has been making higher highs over the past month and has surged by a total of 55.5% in the...

XLM/USD – Epic 100% Surge Shocks Market As XLM Hits 31-Month HighKey Support Levels: $0.3, $0.289, $0.257.Key Resistance Levels: $0.373, $0.4, $0.418.XLM was pretty quiet during December. The coin was trading beneath a falling trend line for the entire month as it dropped into the $0.12 region. XLM would rebound from $0.12 at the start of 2021 and eventually break the falling trend line to reach $0.2 yesterday.Today, XLM continued higher from $0.2 and exploded by over 100% to reach as high as...

According to the BTC MVRV-Z score, a metric that has a strong relation with the asset’s price, the cryptocurrency has increased to its highest level in about three years. However, the last time the MVRV-Z reached a similar position, bitcoin exploded by 10x in the next six months.BTC MVRV-Z score Suggests Further Increases?The analytics firm Glassnode describes the MVRV-Z score as a metric that compares market value and realized value to assess when an asset is overvalued or...

[PRESS RELEASE – Please Read Disclaimer]Over the last few years, the peer-to-peer online gaming market has grown considerably, with players worldwide choosing to play against one another, rather than against the house. To capture a part of this rising demand, BIG2.WIN has launched a P2P version of the popular Big 2 game, well known in China as 大老二 and 鋤大弟.An Introduction to Big 2Big 2 is well-known as an incredibly entertaining game, especially when played amongst friends. On BIG2.WIN, the...

The DeFi space continues to grow. With it, though, there’s no shortage of mimicking projects, plenty of forks, and concepts that are beyond questionable.Apart from the above, we can also see various tokens exploding in price, charting tremendous gains in hours, only to come back crashing hours later. Some of them claim that it’s the way they are designed, though a 100x increase in hours and a 100x decrease in a few more hours can hardly be explained by protocol design.From $2 to $200 to $2...