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“# Kusama (KSM) price hits new highs as parachain auctions begin to take shape ” Major protocol upgrades are one of the most potent sources of price movement for cryptocurrency projects as community members and investors get excited about new features and traders rush in to “buy the rumor and sell the news”. One protocol…
“# Chance of a price crash increases as Cardano (ADA) futures near $1B ” Cardano’s (ADA) impressive 816% gain in 2021 catapulted the smart-contract platform’s market capitalization to $61 billion. To fully grasp how far this third-generation protocol has gone, the absolute leader, Ether (ETH), held the same valuation just six months ago. As Cardano’s…
“# Price analysis 5/14: BTC, ETH, BNB, DOGE, ADA, XRP, DOT, BCH, LTC, UNI ” The Crypto Fear and Greed Index has dipped to levels not seen since April 2020, indicating that traders are nervous about Tesla backtracking on accepting Bitcoin (BTC) payments, Bitcoin’s multi-week technical weakness and U.S. regulator’s supposed investigation into the business…
“# ‘Fear’ grips Bitcoin as crypto market sentiment drops to lowest levels since April 2020 ” Bitcoin (BTC) and altcoin traders are more nervous than any time in over a year as a classic sentiment gauge signals “fear” is driving the market. According to the Crypto Fear & Greed Index, cryptocurrency traders have not had…
“# Early crypto pioneer slams Elon Musk’s ‘hypocrisy’ on Bitcoin payments ” The founder of one of the first physical cryptocurrency exchanges has slammed what he perceives as hypocrisy on the part of Elon Musk, after the Tesla CEO announced the electric car firm would stop accepting Bitcoin (BTC) as a form of payment. The…
“# Green energy tokens capitalize on Tesla’s decision to nix Bitcoin payments ” After months of touting the benefits of Bitcoin (BTC) and blockchain technology, Tesla CEO Elon Musk shocked the crypto Twitter on May 12 by announcing that the electric car company would suspend its accepting BTC as a form of payment, citing concerns…
“# Shanghai Man: Aping out of gorilla token, digital dollar Biden its time… and more ” This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Memecoin culture clash Feed the gorillas token,…
“# Oh where, oh where have Ethereum bulls gone? Sub-$4K ETH fails to entice traders ” Cryptocurrency price corrected sharply today, including Ether (ETH), but this is a short-term move which is not reflective of the more macro-level events which still paint a bullish picture for assets like Ether and Bitcoin. In the last 30…
“# Ethereum bulls maintain control ahead of Friday’s $730M ETH options expiry ” Ether (ETH) initiated a rally on April 25, which resulted in a 90% gain that pushed the price to $4,200. The non-stop action has been fueled by an incredible increase in decentralized finance (DeFi) applications where the net locked value surpassed $74…
“# Price analysis 5/13: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, BCH, LTC, UNI ” Tesla CEO Elon Musk tweeted on May 13 that the company will stop accepting Bitcoin (BTC) payments for its vehicle purchases, citing “rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal.” Shortly after the announcement, Bitcoin…