Bhushan Akolkar

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Stats Has written 834 posts about cryptocurrency

Jan 14 2022

Crypto Exchange Binance Enables Direct Withdrawals to Ethereum Layer 2

Jan 14 2022 Published at Coingape under tags  altcoin news bnbbkrw bnbbtc bnbbusd bnbeth

In one of the latest developments, crypto exchange Binance seems to have started direct withdrawals to Layer Two Ethereum Networks. Popular crypto analysts Lark Davis was the first to spot this development by sharing a screenshot on his Twitter...

Block Inc’s Jack Dorsey Announces Open Bitcoin Mining System for All

Block Inc Jack Dorsey confirmed on Thursday, January 13, that the company is building an open Bitcoin mining system that reduces the entry barrier in Bitcoin. The new open Bitcoin mining system will be...

Jan 13 2022

Buy or Sell Bitcoin (BTC)? These Charts and On-Chain Metrics Will Help You Decide

The U.S. released its inflation data on Wednesday, January 12, but this doesn't seem to dampen the sentiment for Bitcoin investors as of now. Bitcoin is trading in the green zone as of press time at price levels above $43,700. Whether Bitcoin remains a buy or a sell at this stage remains a big question The post Buy or Sell Bitcoin (BTC)? These...

U.S. Inflation Numbers In Line With Expectations, Bitcoin (BTC) Continues to Trade Above $43,500

On Wednesday, January 12, the United States has reported the highest inflation at 7% in over four decades since 1982. Well, this doesn't seem to have a greater impact on the Bitcoin price as it continues to trade above $43,500 moving further away from the death cross. As of press time, Bitcoin is trading 2.45% The post U.S. Inflation Numbers In Line With...

Jan 12 2022

Polygon To Activate EIP-1559 or London hardfork on Jan 18, Is $3 Coming for MATIC?

Jan 12 2022 Published at Coingape under tags  altcoin news btc eth ethaud ethbkrw

Ethereum's Layer 2 scalability solution Polygon is preparing for a major upgrade coming next week. As per the recent announcement from Polygonscan, the Polygon blockchain will be activating the London hardfork or EIP-1559 in 5 days...

Bitcoin Death Cross Haunting Investors, Will BTC Make or Break?

It has been a pretty rough start this year for Bitcoin 2022 as the BTC price corrected more than 10% in the first 12 days of January. On the technical chart, Bitcoin is approaching the death cross pattern...

Bitcoin Miners Resolve to Heavy Accumulation, Here’s Why $40K Is Strong Support for BTC

Jan 12 2022 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

After a poor start to 2022, the world's largest cryptocurrency Bitcoin is finally showing some green shoots over the last two days. Well, thanks to the heavy miner accumulation that has taken place over the last few days. Showing full confidence in Bitcoin at $40K levels, miners have been making aggressive Bitcoin purchases as per The post Bitcoin Miners Resolve to Heavy Accumulation,...

Jan 11 2022

Leading Media House Associated Press announces Launching NFT Marketplace, Minting to Happen on Polygon

Jan 11 2022 Published at Coingape under tags  associated press ethaud ethbkrw ethbrl ethbtc

In a leading development on Monday, January 10, media house giant Associated Press announced that it will be launching a non-fungible token (NFT) marketplace that is built by blockchain technology provider Xooa. The first set of NFTs from AP...

Breaking: Polygon Unveils Recursive SNARK Plonky2 That’s 100x Faster, MATIC Jumps 3%

Jan 11 2022 Published at Coingape under tags  altcoin news ethaud ethbkrw ethbrl ethbtc

We have key news coming up from Polygon developers as they unveil the world's fastest ZK Scaling Technology, Polnky2....

Bitcoin (BTC) Bounces Back Above $42,000, Will Altcoins Follow Soon?

After a weak start to this week, Bitcoin (BTC) has bounced back from its crucial support levels of $40,000. As of press time, Bitcoin is trading 0.54% up at...

Jan 10 2022

Forget Bitcoin on-chain, the U.S. Inflation Data Will Determine the Next Move in BTC

Jan 10 2022 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

On Sunday, January 9, the Bitcoin price bounced back, breaking its six-days of sideways move from last week. As of press time, Bitcoin is trading at $42,198 levels with a market cap of $798 billion. Some of the Bitcoin on-chain data and the RSI levels have been hinting at a trend reversal. However, a key The post Forget Bitcoin on-chain, the U.S. Inflation...

Bitcoin (BTC) Bounces Back from the Support of $40,000, Here Are Key Levels to Watch

The world's largest cryptocurrency Bitcoin (BTC) witnessed a healthy bounce on Sunday from $40,000 levels after six...

Jan 09 2022

Forget Bitcoin And Keep These Three Altcoins on Your Radar for January

Jan 09 2022 Published at Coingape under tags  altcoin news btcbrl btcbusd btcdai btceur

The world's largest cryptocurrency Bitcoin has been trading under pressure for a while and is currently around $41,500 levels. The recent market correction has sent jitters and dampened investor sentiment, however, these three cryptocurrencies...

Jan 08 2022

U.K. Lawmakers Join Hands to Form A Crypto Advocacy Group and Support Crypto Innovation

Jan 08 2022 Published at Coingape under tags  btcbrl btcbusd btcdai btceur btcgbp

Over the last few months, the United Kingdom has been going heavy on regulations cracking down on some of the biggest companies like Binance. But the latest news is that lawmakers from Westminster have joined hands to form a crypto...

Ethereum’s DeFi Market Dominance in 2022 Could Be At A Risk, Will It Affect ETH Price?

Ethereum, the world's second-largest cryptocurrency has outperformed in 2021 while delivering nearly 220% returns in a single year. However, off lately, the ETH price has largely followed Bitcoin and has been moving sideways. As...

Bitcoin Fear and Greed Index and RSI Suggest We Are Oversold, Time to Buy the Dip?

Jan 08 2022 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

The world's largest cryptocurrency continues to test lower levels while moving below $42,000 levels at the start...

Jan 07 2022

More Bitcoin Pain Left, BTC Can Test $38,000 Bottom Says Mike Novogratz

Jan 07 2022 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

The world's largest cryptocurrency Bitcoin has tanked another 3% amid a brutal sell-off pushing the BTC price under $42,000. Well, the biggest question is whether if this is the new bottom for Bitcoin investors. And the answer is NO! Popular crypto investor and former Goldman Sachs manager - Mike Novogratz - said that Bitcoin has The post More Bitcoin Pain Left, BTC Can...

Crypto Market Sell-Off Intensifies As Total Crypto Market Cap Slips Under $2 Trillion

Jan 07 2022 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

It looks like crypto investors are having no respite as the bearish sentiment intensifies further. The broader cryptocurrency market is down by another 3.5% today slipping under $2 trillion for the first time since September 2021....

Jan 06 2022

Polygon Network Gas Fee Skyrockets Amid Heavy NFT Gaming, Will MATIC Rally Continue?

Jan 06 2022 Published at Coingape under tags  altcoin news ethaud ethbkrw ethbrl ethbtc

Etheruem's Layer 2 scaling solution Polygon has been witnessing heavy on-chain activity over the last week and so. Recently, the NFT play-to-earn game...

Crypto Market Bloodbath: Bitcoin Slumps to Its Three-Month Low, Key Metrics to Watch

Jan 06 2022 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

In another major flash crash of the broader cryptocurrency market, the Bitcoin (BTC) price has dropped to a three-month low! As of press time, the world's largest cryptocurrency is trading 6.21% down at a price of $43,452 and a...

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