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“# All the world’s Bitcoin can only pay 2.43% of $30T US national debt ” The United States’ national debt has passed $30 trillion — and even all the Bitcoin (BTC) in the world would hardly touch it. According to the latest official statistics, U.S. national debt is at levels never seen before, passing the…
“# Why did WazirX token WRX jump 30% after India announced its big crypto tax? ” WazirX exchange’s native token WRX benefited the most from India’s latest u-turn on crypto this week. WRX price jumps on India tax news WRX price surged nearly 30% to over $1, hitting a three-week high after the Indian government…
“# BTC price faces crucial trend battle as Bitcoin RSI confirms breakout ” Bitcoin (BTC) may have stopped short of $40,000, but this week’s gains have helped spark a more significant breakout for underlying price strength. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView RSI breaks a two-month tradition Data from Cointelegraph Markets Pro and TradingView shows…
“# Vulcan Forged (PYR) rallies after virtual land sales and the Elysium testnet launch ” Nonfungible tokens (NFTs), gaming protocols and the dawn of the Metaverse were all trending topics in 2021 and they are shaping up to be even bigger in 2022. NFTs and Metaverse-related projects are also bouncing back quickly from the market-wide…
“# 3 reasons why QuickSwap (QUICK) price spiked by 50% ” Decentralized finance (DeFi) and the control it gives users over their assets is one of the most applicable sectors of the cryptocurrency ecosystem, but the general public is still hesitant to interact with most DeFi products due to the steep learning curve and the…
“# Bitcoin price closes in on $40K, but pro traders are still skeptical ” The Bitcoin (BTC) daily price chart seems to be making a steady recovery pattern, but some concerning indicators are coming from derivatives markets. At the moment, the futures and options markets are showing a lack of confidence from Bitcoin pro traders,…
“# NFTs are ‘Stayin’ Alive’ as new minting trends, AI and music-based projects thrive ” In 2020, newly launched NFTs projects experienced costly gas wars that are gas priority auctions where buyers battle to secure their spot on the next block, potentially losing Ether (ETH) to failed transactions. In 2021, digital scarcity and utility drove the…
“# Which play-to-earn games are better than Axie Infinity? | Find out now on The Market Report ” “The Market Report” with Cointelegraph is live right now! In this week’s show, Cointelegraph’s resident experts discuss which play-to-earn (P2E) games have the potential to dethrone Axie Infinity. But first, market expert Marcel Pechman carefully examines the…
“# Can Ethereum price reach $4K after a triple-support bounce? ” Ethereum’s native token Ether (ETH) looks ready to continue its ongoing rebound move toward $4,000, according to a technical setup shared by independent market analyst Wolf. Classic bullish reversal pattern in the works? The pseudonymous chart analyst discussed the role of at least three support…
“# Bitcoin whales buy at $38K as BTC supply per whale hits 10-year high ” Bitcoin (BTC) jumping to $39,000 has already activated large-volume investors this week, the latest data shows. Analyzing whale behavior, on-chain monitoring resource Whalemap revealed accumulation underway at levels above $36,000. This week’s BTC price “triggered” whales Identifying clusters of whale…