The world's second-largest cryptocurrency Ethereum (ETH) has shown a strong move to the north extending its weekly gains by 15% and approaching $3,000. As of press time, ETH is trading 6% up at a price of $2,945 with a market cap of $353 billion. Whales have turned active once again for the first time in...
RUNE, the native cryptocurrency of THORChain has seen strong price appreciation over the last three weeks despite heavy volatility in the crypto space. The RUNE price has appreciated 173% despite the broader market correction since February 24, the day Russia announced its invasion into Ukraine. Furthermore, the total-value-locked (TVL) by RUNE in decentralized finance (DeFi)...
AAVE, the native cryptocurrency of DeFi protocol Aave, has made a strong 30% gain in the last two days forming a bullish divergence from the recent lows. As of press time, AAVE is trading 10% up at a price of $151 and a market cap of $2 billion. the recent run-up in the AAVE price...
Ethereum (ETH) witnessed some major bounceback on Monday, March 14, and is currently trading at $2,550 levels. Along with Bitcoin (BTC), the world's second-largest cryptocurrency continues to remain volatile in the price range of $2,500-$3,200. As this happens, the Ethereum (ETH) blockchain continues to see some major developments. On-chain data provider Santiment reported that the...
One cryptocurrency which has been largely resilient to the recent cryptocurrency market correction is Terra's LUNA. It has succeeded in holding its guard with the LUNA price inching closer to $100. As of press time, LUNA is trading in the positive territory at a price of $97.27, unlike other top ten cryptocurrencies. The performance comes...
The broader cryptocurrency market is once again staging a solid 5% recovery today. In a surprise move, Bitcoin (BTC) has bounced back 7% moving to $41,500 levels. The recent bounceback follows after the last weeks of strong volatility in the market. It seems that the market is already giving a thumbs up to the upcoming...
India seems to be getting closer to realizing its plans of having a central bank digital currency aka the "Digital Rupee". Coming in its support on Tuesday, March 8, India's Union Finance Minister Nirmala Sitharaman said that there are clear advantages of having a CBDC. Thus, the Finance Ministry is doing some consultations with the...
Although the broader crypto market seems under pressure, Fantom (FTM) has extended its losses to a steeper 20% in the last 24 hours. FTM is currently trading 20.94% down at a price of $1.33 dropping to 37th rank by the market cap. The latest price crash for Fantom comes as its lead DeFi builder -...
Terra's native cryptocurrency LUNA has witnessed a strong rally despite the market volatility in recent times. The LUNA crypto is aiming a move to its new all-time high and is currently trading 7.5% up at a price of $95.36...
Former Goldman Sachs hedge fund manager and crypto billionaire Mike Novogratz has recently weighed on the crypto market situation amid the ongoing Russia- Ukraine war crisis. Speaking to Bloomberg on Tuesday, March 1, Novogratz said that the Russia-Ukraine war will serve as a potential booster to Bitcoin and crypto while moving people away from the U.S. The post Mike Novogratz: Russia- Ukraine War Can Boost...
The crypto market has completely reversed its trajectory after a week of correction and consolidation. Massive buying has ensued in the broader cryptocurrency market over the last few hours with Bitcoin (BTC) posting a solid 15% plus...
LUNA, the native cryptocurrency of the Terra ecosystem has surged by 10% in the last 24-hours with its price shooting past $55 once again. This comes as the Luna Foundation Guard (LFG) raises $1 billion through an...
Earlier this month, Australian billion Andrew Forrest announced that he will be taking Facebook to the court on account of several crypto scams ads running on the platform under his name. However, in its court documents,...
Google subsidiary YouTube has been seriously working on non-fungible tokens (NFTs) and exploring how it can offer users ownership of digital content. On Thursday, February 10, YouTube further elaborated its blockchain and metaverse plans for this year of 2022. YouTube noted that it can harness the emerging tech of NFTs to cut down on fraud The post YouTube Is Working on Making NFTs...
The news in the town is that Russia is preparing for a draft law to legalize Bitcoin and cryptocurrencies this month. BREAKING: #Bitcoin to be recognized as legal currency in Russia. 🇷🇺 -- Watcher.Guru (@WatcherGuru) February 9, 2022 From its plans to ban digital assets to integrate crypto into its financial system, Russia has taken The post Just-In: Russia To Legalize Bitcoin; Regulatory...
Amid the continued decline in the crypto assets the spot trading volumes have taken...
Crypto Stakers and miners could finally breathe a major sigh of relief as the IRS has decided not to tax unrealized gains derived from crypto staking or mining digital assets. This has been a major relief as many crypto proponents have been voicing their opinion against these proposed taxes over the last few months. Blockworks' The post Just In: Big Relief for Crypto...
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