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“# Price analysis 7/28: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC ” Bitcoin (BTC) and most major altcoins are attempting to break above their respective overhead resistance levels, indicating the return of the bulls. Data from Bybt shows that the Grayscale premium has been climbing and reached -5.88% on July 27, its closest…
“# Ghana’s vice president declares Africa should embrace digital currencies ” Ghana’s vice president Dr. Mahamudu Bawumia believes that African governments need to embrace digital currencies to facilitate trade throughout the continent. As reported by Ghanaweb Bawumia outlined his argument during the Fifth Ghana International Trade and Finance Conference, which boasted the theme of “Facilitating…
“# Blockfolio rides off into the sunset, but it’s a new dawn for FTX App ” The Blockfolio brand is no more: One of the first genuine product brands in the cryptocurrency space, the mobile app that started life as a portfolio tracker — and later morphed into a trading app under the stewardship of…
“# Small-cap altcoins push higher as Bitcoin bulls fight to hold $40,000 ” Bitcoin’s (BTC) recent surge above $40,000 injected a healthy dose of bullish optimism into the crypto market and further proof of this comes from the Crypto Fear and Greed index which has decreased from ‘extreme’ to ‘neutral’. Data from Cointelegraph Markets Pro…
“# Ethereum pares gains, Bitcoin pushed under $40K as Fed set to reveal tapering plans ” Ether (ETH) and Bitcoin (BTC) pulled back on July 28 as investors awaited fresh guidance from the Federal Reserve. ETH price slipped by 0.57% to $2,857, while the BTC/USD prices were up 0.68%, changing hands at $39,739 at around…
“# Bitcoin fails to flip $40K with traders eyeing $36K or lower for support ” Bitcoin (BTC) saw tough resistance after nearing $41,000 on July 28 amid calls for consolidation of recent gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $40,000 yet to stick as new support Data from Cointelegraph Markets Pro and TradingView showed…
“# Bitcoin price is returning to $40K — But will shorts have their revenge? ” Bitcoin (BTC) returned to $40,000 on July 28 as bulls and bears waged a tug-of-war for hard-won higher ground. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “A lot can happen” from current BTC price levels Data from Cointelegraph Markets Pro…
“# Binance cuts withdrawal limits, rolls out tax reporting tool ” Binance, the world’s biggest cryptocurrency exchange by trading volumes, continues its efforts to maintain dialogue with global regulators by introducing withdrawal limits and a new tax reporting system. The company officially announced Tuesday a major update to its Know Your Customer (KYC) policies, significantly…
“# Bitcoin tries to break $40K second time in two days ” Bitcoin’s (BTC) volatility made the headlines again after the original cryptocurrency briefly reclaimed its $40,000 mark before going back to $39,000 levels. Coming after a two-week-long bearish loom that started on July 15, this is the second time Bitcoin is trying to break…
“# ETH’s trading volume grew much faster than BTC’s in first half of 2021 ” The world’s second-largest crypto asset has gained ground on Bitcoin in terms of trading volume growth during the first half of this year according to a new report. Ethereum’s trading volume grew faster than Bitcoin’s in the first half of…