Crypto news

Since the launch of the new controversial Bitcoin-based non-fungible token (NFT) protocol Ordinals in mid-December, miners on the largest blockchain have made nearly $600,000 in BTC transaction fees. According to data from blockchain data platform Dune Analytics, a total of 81,468 Ordinals have been inscribed into the Bitcoin network. This has caused an upsurge in user activity and, as a result, increased the number of non-zero Bitcoin addresses. BTC Miners Cash Out From...

A new survey conducted by the world’s largest cryptocurrency exchange Binance discovered that having an interest in crypto could make people more attractive. Binance conducted the study from February 6 to 9, 2023, surveying 2,600 participants aged 18 to 46. Interest in Crypto is a “Significant Plus” The survey discovered that an active interest in crypto could be a “significant plus” in a potential romantic relationship. A total of 83% of respondents disclosed that liking...

Ethereum’s price appears to have entered a short-term correction phase as the cryptocurrency was recently rejected from a vital resistance zone and plummeted. Nevertheless, two crucial support levels are ahead, which might end the current decline. Technical Analysis By Shayan The Daily Chart The price has recently rallied and exited a multi-month symmetrical triangle pattern. However, the momentum has weakened. Following this decline, Ethereum is now facing the triangle’s...

African victims are speaking up about FTX after a variety of promotional schemes lured them into putting their money into the now-defunct industry giant.  One such deal was an ambassador program promising 40% commissions to members who invited their friends to join the exchange.  Africans Speak Out FTX Africa promoted its ambassador program in early August – roughly 3 months before the exchange froze user withdrawals and filed for bankruptcy, due to a multi-billion dollar...

Ripple’s price has been trapped inside a static range between $0.42 and $0.31 and is struggling to break ou. A consolidation stage within this range could be imminent as the cryptocurrency was recently rejected from a vital resistance level. Technical Analysis By Shayan The Weekly Chart Since 2021, Ripple has been declining, forming a falling wedge pattern on the weekly timeframe. Recently, the price experienced a slight plummet after being rejected from the wedge’s upper...

The President of the United States – Joe Biden – will reportedly appoint Lael Brainard (Vice Chair of the Federal Reserve) as his top economic adviser.  The latter is a critic of cryptocurrencies, arguing they could undermine America’s financial stability. On the other hand, she is a proponent of a digital dollar that would be highly centralized and monitored by the authorities. Anti-Crypto Position According to a Bloomberg coverage, President Biden will soon name Lael...

Bitcoin evangelist Max Keiser sees big things happening for the crypto space, especially bitcoin. He recently emerged to claim that the world’s number one digital asset will reach a price of $220K at some point in the not-so-distant future. Max Keiser Predicts Big Things for BTC While he didn’t give a specific date, Keiser – who is also a trader and podcaster – is echoing sentiment from analysts and bitcoin bulls such as Tim Draper, a venture capitalist who recently...

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