Bitcoin Remains Fragile, What’s The Next Major Support Area?
Bitcoin has shed close to 20% of its market value over the last week. King coin underwent six consecutive weeks of bearish pressure. The coin has retested levels that it…
Terra contagion leads to 80%+ decline in DeFi protocols associated with UST
The knock-on effect of the collapse of Terra (LUNA) and its TerraUSD (UST) stablecoin have spread wide across the cryptocurrency market on May 11 as projects with any kind of…
Biggest Movers: SOL, NEAR, and AVAX Drop More Than 20% Lower on Wednesday – Market Updates Bitcoin News
Solana, NEAR and AVAX were all trading over 20% lower on Wednesday, as global crypto markets continued to fall on hump-day. The cryptocurrency market cap is currently down 6.35%, as…
Bitcoin Price Falls Below $30,000 With Unexpected 8.3% Inflation Report
U.S. inflation maintains a near 40-year high with a 8.3% CPI increase. Bitcoin has fallen below its $30,000 line of support as inflation exceeds expectations. Fuel prices show the highest…
Which One Will Survive The Crypto Carnage?
Shiba Inu is proving that despite the previous weeks’ turmoil in the broader crypto market, it can stand its ground and be unfazed by what’s going on. Following a severe…
VeChain Foundation unveils $1.2B crypto treasury… but spent just $4M in Q1
The VeChain Foundation has released its financial report for Q1 2022 showing that the project amassed an impressive $1.2 billion war chest but only spent about $4.1 million in the…
Nigerian CBDC Wallet Update to Enable Utility Payments, USSD Functionality to Be Added – Featured Bitcoin News
The Nigerian central bank digital currency (CBDC) wallet app is set for an update that will see users given the ability to pay for utilities like pay television and for…
NYDIG Partners With Jack Henry & Associates To Offer Bitcoin Services To Banks
Jack Henry and Associates has partnered with NYDIG to enable its 7 million bank users access to bitcoin. Jack Henry will use its existing SaaS platform to enable payments to…
Blue Chip NFTs 101 – What Is The Proof Collective And Who’s Behind It?
The mysterious organization known as The Proof Collective defines itself as “a private members only collective of 1,000 dedicated NFT collectors and artists.” To join the Proof Collective someone would…
Otherside NFTs fall below mint price while cheaper ETH sees sales volume boost
The contentious Otherdeed for Otherside nonfungible token (NFT) floor price has dropped below its mint price to 2.45 ETH worth about $5,713 as other major collections are also getting hit.…