Markets

Bitcoin might have a long tenure on the market, but that doesn’t mean it’s a stranger to novelty. The first cryptocurrency is known for frequently making changes to better its user experience, and for the most part, these changes have proven to be a positive step forward. It’s to be expected that while some of these changes don’t do too well, others soar and become an instant trend on the Bitcoin scene. Thankfully, Bitcoin’s given us plenty of wonderful trends in recent...

Bitcoin price failed to clear the $60,000 resistance and corrected lower against the US Dollar. The price is now trading below the $58,500 support and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $58,650 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a strong rally if there is a clear break above the $58,650 and $58,800 resistance levels. Bitcoin price is trading in a...

The cryptocurrency market is on fire. The market capitalization has surged past $2 trillion for the first time in its history. Interestingly enough, this was led mostly by alternative coins, or altcoins, surging in value. Bitcoin, on the other hand, failed to break above $60K on multiple occasions over the past month, giving serious merits to the notion that altcoin season 2021 is brewing. In January this year, CryptoPotato reported that Secrets of Crypto, which is one of the...

Metis can drastically decrease the wait time between layer-two and layer-one network communications.As the most widely adopted decentralized smart contract platform, Ethereum is a dApp powerhouse, but it has become a victim of its own success. Metis is launching a layer-two solution on top of the Ethereum network to mitigate these problems, eliminating high transaction fees and slow transaction times with a more efficient alternative. Metis has released the details behind its Metis Rollup and...

Shares in software firm MicroStrategy went up a few days ago after analysts suggested an $850 per share price in the coming future. MicroStrategy Owes Its Success to Bitcoin The figure has a lot to do with the idea that MicroStrategy is quite bullish on bitcoin, and that the firm is doing all it can to purchase the world’s number one digital currency by market cap. MicroStrategy initially bought its first round of BTC in August, when the currency was trading for around...

As nations are dabbling with establishing legislative frameworks on the cryptocurrency industry, several giants have formed a coalition to lobby policy makers and conduct researches to ensure the proper implementation of such rules.  According to a Wall Street Journal coverage from today, the prominent names to participate in the new initiative are the mutual fund behemoth Fidelity Investments, the financial service provider Square, the crypto-focused investment company...

[PRESS RELEASE – Please Read Disclaimer] The newest token available on Cryptal Exchange is Chainlink (LINK). As of today, you can now buy, sell, and trade LINK for USD or BTC. Chainlink was founded and developed by Sergey Nazarov and Steve Ellis. Its ICO was held in September 2017, raising $32 million. There is a total supply of 1 billion LINK tokens, of which over 414.5 million are in circulation. Current market capitalization is over $11 billion. Chainlink connects...

Bitcoin (BTC) has been the hot topic of discussion for some of the top financial companies in the US. Big giants are already giving six-figure targets for BTC and expecting it to overtake gold in the long term. Bitcoin (BTC) is currently flirting at around $59K levels at this point as the overall cryptocurrency market cap is around $2 trillion. Well, as Bitcoin continues to consolidate its position at this point, top US funds, including Ark Invest, are giving massive price targets for BTC...

According to INX, about 60% of the proceed from the IPO will be used as a Cash Fund which can easily be distributed to token holders in case of liquidation.Digital assets trading platform INX Limited has announced April 22 as the end date of its ongoing token offering. The company prides itself as a United States Securities and Exchange Commission (SEC) licensed outfit and the proposed closure of the INX token sales is billed to usher in a new phase wherein the core of the firm’s products...

Celsius controls crypto worth over $10 billion and offers its services across over 100 countries globally.Celsius Network has emerged as the winner for the “Best Cryptocurrency Wallet” at the fifth-annual FinTech Breakthrough Awards held on the 5th of April. FinTech Breakthrough is an independent market intelligence organization that conducts annual awards for top tech companies. The recent event attracted over 3,800 nominations across the globe. As stated on the company’s website, the last...