Bitcoin Hits $16K For a New 2020 Record: 325% Up Since March Yearly Low

Throughout the trading day, the indices futures were slightly negative and even became a little positive at some point. However, they began trading by 0.3% average declines, and the sellers were dominant since the opening. Within an hour the screen showed declines of over 1%. By noon the indices recovered by about 0.5%, however, during…

The stagnation continues for XRP despite the insignificant 0.5% increase this past week. XRP struggles to claim any ground above the $0.40 level but continues to stay nicely supported at $0.38 where lies the 100 days EMA and 200 days EMA. Ripple remains the 2nd largest cryptocurrency with a market cap of $16.87 billion. XRP…

The US government is still working on regulations on third-party reporting for cryptocurrency trades. The transactions will be reported by crypto exchanges in accordance with Section 6045 of the Internal Revenue Code (IRC), a Treasury attorney said. Cryptocurrency Exchanges Will Share Client Data as Stipulated in Section 6045 Erika Nijenhuis, senior counsel at the US…

Ripple is trading in a descending channel between the low of $0.45 and the high of $0.55 price levels. As the selling pressure increases, the market continues in a down-trend XRPUSD Short-term Trend: Bearish As long as selling pressure is enormous, the XRP price will have difficulties. The appearance of the Short-term trend is directing…

US President Joe Biden has officially renominated Jerome Powell as Chairman of the Federal Reserve, with competitor Dr. Lael Brainard as Vice President. That puts Powell in office for another 4 years, allowing his agenda for addressing inflation to be put to the test. Four More Years for Jerome Powell Biden unveiled his nominations in…

Despite being touted by some as the natural continuation of Ethereum, which stayed on proof-of-work, EthereumPoW has had a rocky start. The first few days after the hard fork, it saw multiple technical bugs, while the native cryptocurrency plummeted by 90% in days. As the Ethereum Merge was coming close, Chandler Guo – a popular…

TL;DR Shiba Inu experienced a significant increase in transaction volume and price, supported by improvements in its blockchain technology and increased token burns. SHIB’s adoption as a payment method by CoinGate further enhances its utility and exposure in the cryptocurrency market. This SHIB Indicator Took off The second-biggest meme coin in terms of total market

[PRESS RELEASE – Zug, Switzerland, December 21st, 2023] After the successful launch of Testnet 1, paving the way for the upcoming Streamr Network 1.0 milestone, Streamr is excited to announce the start of Testnet 2! This second incentivized testnet, starting on 21st December and concluding on 8th January 2024, will see a reward pool of

Poloniex is gearing up to resume deposit and withdrawal services on its platform less than a week after a massive security breach. In the latest update, Poloniex stated that the majority of the restoration work has been finished, and the cryptocurrency exchange is currently functioning without issues. The platform disclosed its collaboration with a leading security