Tag: crypto-news

ATOM moved closer towards a one-year low on Wednesday, as prices dropped by nearly 10%. This came as DOT also declined during today’s trading session, when global crypto markets fell by over 3% as of writing. Cosmos (ATOM) On Wednesday, ATOM was one of the biggest movers in the session, as it fell by nearly […]

Robinhood Markets will launch a non-custodial crypto wallet by the end of this year to store and trade crypto. This announcement comes a little over a month after the brokerage launched a custodial crypto wallet that can hold any tokens traded on their app. The new non-custodial wallet will allow users to hold private keys that enable […]

Three members of Terraform Labs’ legal team have left the company, according to their Linkedin profiles that show their departure from the firm this month. The resignation of the company’s in-house litigation, regulatory, general, and corporate counsel members follow the project’s fallout last week as the blockchain’s native crypto assets dropped significantly in value. Linkedin […]

The daily RSI for Axie Infinity (AXS) has generated bullish divergence, supporting the continuation of the ongoing bounce. AXS has been falling since reaching an all-time high price of $166.09 on Nov 6.  At the beginning of Jan, the price bounced above the $46 horizontal support area. However, the upward movement could not be sustained […]

The United States may lead the world in crypto mining, but this is not being reflected in stock value, a report claims. Using data obtained from BTC.com, Poolin, and ViaBTC, The Cambridge Center for Alternative Finance found that the U.S. mining hashrate was up 4% from 35% at the end of August last year to 39% in […]

United States Dollar Coin (USDC) has overtaken Ethereum (ETH) and United States Dollar Tether (USDT) as the most purchased cryptocurrency by the top 100 Ethereum wallet addresses.  USDC is one of the most used stablecoins today. It has seen an average of $3 billion in daily trading volume in May buoyed by the market crash […]

Billionaire businessman Jeff Bezos has accused Joe Biden of “misdirection” after the U.S. President argued that increasing corporation taxes could ease inflation. The argument arose with U.S. inflation at 8.5%, its highest level in 40 years. The suggestion that inflation can be reduced with higher taxes appears to fly in the face of all conventional […]

Bitcoin prices dropped during the hump-day session, as bulls were unable to maintain Tuesday’s gains. The world’s largest cryptocurrency once again fell below the $30,000 level, whilst ETH also moved lower. Bitcoin Following a slight rally in price during Tuesday’s session, bearish sentiment returned to markets on Wednesday. This sentiment saw BTC/USD drop to a […]

Metatheory, a Web3 gaming company founded in 2021, has announced it has raised $24 million in a Series A funding round. The investment round, which was led by big VC names in the crypto space like a16z, also had the participation of Pantera Capital and FTX Ventures. Kevin Lin, CEO of the company and co-founder […]

While Ethereum (ETH) is trading inside a short-term bullish pattern, the long-term price action and indicator readings are both bearish. ETH has been falling since reaching an all-time high price of $4,868 on Nov 10. The downward movement was preceded by a very significant bearish divergence (green line) in the weekly RSI.  Another important RSI […]

Coinbase’s recent revelation about the risk of user funds becoming lost should the exchange go bankrupt has highlighted the need for consumer vigilance when choosing crypto platforms. Coinbase CEO Brian gave users a glimpse of what could happen to their assets should the exchange go bankrupt, highlighting the stark differences between crypto exchanges and traditional stock brokers. According […]

PRESS RELEASE. BitcoinUSD.com, a website developed to educate the public on crypto exchanges and current prices, launched its new website. The new site provides more information on current cryptocurrency prices, live market cap, news and educational articles through its crypto blog. The new site offers a variety of features. These include information on various coins, […]

U.S. government agencies have issued a warning about hiring North Korean IT workers and published a fact sheet on how to identify them. The United States Treasury and other agencies posted the fact sheet offering detailed information on how North Korean IT workers operate, providing red flag indicators and due diligence measures.  The goal is […]

Bitcoin (BTC) has been consolidating just below the $30,500 area over the past five days and short-term readings suggest that the price will not be successful in moving above the area, rather it will break down prior to potentially making another breakout attempt. BTC has been decreasing since it broke down from an ascending parallel […]

The Australian tax agency has listed crypto-related profits among several priority areas where more efforts are needed to ensure correct reporting. The authority has reminded taxpayers they need to calculate any capital gain or loss from the sale of digital coins and tokens and record it in their tax returns. Australian Taxpayers Warned They Should […]