Markets

The past seven days have been particularly dynamic in the cryptocurrency industry as its total market capitalization soared by a considerable $70 billion. This happened on the back of major gains for most coins, with certain exceptions. Let’s dive in. Kicking it off with Bitcoin, it’s up 3% in the past seven days, and it’s currently found at $21K. Throughout the majority of the week, BTC was trading in a downtrend, but a few hours ago, the bulls managed to pull themselves...

Gaming has long been touted as one of the best use cases for blockchain-based technology, and the past couple of years put that to the test. Amid the various trends that we saw come and go during the last bull market, play-to-earn is perhaps the one that many people had their sights set to. In a bid to create digital environments where players could both enjoy their favorite games while also earning money doing it, many projects attempted to create the perfect blockchain...

Google – the king of search engines – is partnering with Coinbase – the king of digital currency exchanges – to allow customers to pay for cloud services with crypto assets like bitcoin, Dogecoin, Litecoin, and Ethereum. Google Is Partnering with the Leader of Crypto Trading The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on...

The US beat the expectations in terms of new nonfarm jobs reaching 261,000 such positions in October, rather than the estimated 205,000. Bitcoin reacted with immediate price fluctuations, dropping by a few hundred dollars before shooting up to a five-day high. CryptoPotato warned recently that there’re four major events coming at the start of November that could bring enhanced volatility to the crypto markets. The first – FOMC meeting – took place on Wednesday and the Federal...

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Building ‘Institutional-Grade’ 💎 Crypto Infrastructure | Nov 9th, 18:00 How to build ‘Institutional-Grade’ Crypto Infrastructure: Joing this Zoom webinar | 🗓 November 9th, 18:00 CET With a fantastic group of panelists, we will discuss some of the most interesting questions of crypto infrastructure – just to mention a few: What particular areas of crypto infrastructure are preventing or slowing the adoption of digital assets by institutional...

Bitcoin cash is attempting a fresh increase from the $112 zone against the US Dollar. The price is now trading above the $115 zone and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $115 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $120 and $122 to continue higher in the near term. Bitcoin cash price is climbing above $115 against the US Dollar, similar to bitcoin. BCH/USD...

As the valuation of cryptocurrencies wanes across the board, so do the revenues of platforms dealing with them. Although primarily a stock trading platform, Robinhood added crypto to its portfolio back in early 2022. At the time, over 1.2 million people were on the waiting list to get a piece of the digital asset pie. Unfortunately, the crypto market took a tumble shortly after – and the company’s revenues did too. Stocks Are Up, Crypto Is Down According to Robinhood’s...