Share: Polygon network responded to US financial regulator Securities & Exchange Commission’s litigation. The upcoming tech announcements and recent partnerships of the Layer 2 protocol fuel a bullish thesis for MATIC price … [Continue reading]
Bitcoin whales quietly accumulate BTC in anticipation of strong rebound in the asset
Share: The bullish divergence between whales accumulating Bitcoin as prices decline is typical of a rebound in BTC price. Large wallet investors are scooping up more than 1,000 BTC a day, as the largest cryptocurrency bleeds in response to … [Continue reading]
Nigerian regulator shuts door on Binance’s operations in the country, ushers bloodbath in crypto
Share: Nigeria’s Securities and Exchange Commission announced that Binance is not regulated in the country. The regulator instructed the exchange to stop soliciting local investors in a recent statement. The SEC’s statement said that … [Continue reading]
Bitcoin hodlers accumulate $960.4 million in BTC a month during the crypto bloodbath
Share: Bitcoin dominance is on the rise and holders are accumulating 37,400 BTC tokens a month despite mass uncertainty in crypto. While altcoins suffered massive losses over the past week, BTC price sustained above the key price level of … [Continue reading]
Top 3 altcoins bleed in double-digits as Bitcoin dominance rises: MATIC, Cardano and Solana
Share: Polygon network’s token MATIC, Cardano and Solana prices declined in double-digits since Friday as Bitcoin dominance continued to rise. BTC dominance increased to 45.91% at the time of writing, observing a 1% increase since … [Continue reading]
Vitalik Buterin proposed this roadmap for Ethereum as the altcoin battles intense selling pressure
Share: Vitalik Buterin proposed a three way transition for the altcoin to ensure the Ethereum blockchain’s success. Ethereum price crumbled under rising selling pressure, declining below the key $1,800 level. The next key support for … [Continue reading]
Ooki DAO to shut down its website and operations after CFTC court victory
Share: The CFTC won its case against Ooki DAO in a default judgment after the court determined defendant acted as an FCM. Following the victory, the DAO will have to pay a $643,542 fine before shutting down its website and ceasing … [Continue reading]
Polygon long-term holders’ resilience would pay off only when MATIC price notes a 30% rally
Share: MATIC price has declined by nearly 20% in the span of a week, trading at $0.7179. Loyal Polygon investors have seen an increase in concentration, with long-term holders now commanding over 54% of the MATIC supply. The biggest chunk of the … [Continue reading]
Ethereum co-founder highlights three key transitions set to shape network’s future trajectory
Share: Ethereum co-founder has revealed three key technical transitions the network must undergo in its evolution. The three transitions will radically reshape the relationship between users and addresses, Vitalik Buterin. The transitions are hard … [Continue reading]
Silver Price Analysis: XAG/USD hits a four-week high but retreats as gravestone doji emerges
Share: Silver price hits a four-week high at $24.52 but retraces to $24.26. For bullish continuation, XAG/USD must breach $24.49 resistance, opening the path to $25.00 per troy ounce. XAG/USD’s failure to crack $24.49 could lead to further losses, … [Continue reading]