Bitcoin price failed to extend gains above the USD 21,500 level and traded below USD 21,000. It is currently (04:12 UTC) trading near USD 20,700 and is down over 2% in a day and is almost unchanged in a week.
Similarly, most major altcoins are also moving lower. ETH traded below the USD 1,200 support zone. XRP struggled and declined below USD 0.350, while ADA is testing USD 0.48.
Total market capitalization... Read More: Bitcoin and Ethereum Trim Gains, XTZ and CHZ Accelerate
How United states Stimulus Funds May Have Helped Gasoline the Meme-Stock Craze.
The frenzy in GameStop stock in 2001 occurred shortly after stimulus checks...
Bitcoin price failed to extend gains above the USD 21,500 level and traded below USD 21,000. It is currently (04:12 UTC) trading near USD 20,700 and is down over 2% in a day and is almost unchanged in a week.
Similarly, most major altcoins are also moving lower. ETH traded below the USD 1,200 support zone. XRP struggled and declined below USD 0.350, while ADA is testing USD 0.48.
Total market capitalization... Read More: Bitcoin and Ethereum Trim Gains, XTZ and CHZ Accelerate
Interest in crypto is piquing in Latin America and the Caribbean (LAC), where the payments giant Mastercard says over half of “consumers” have already had at least one encounter with crypto.
The firm said that it had spoken to “more than 35,000 people around the world” as part of its New Payments Index survey, with 51% of LAC respondents saying that they had completed “at least one crypto-related activity in the past 12 months.”... Read More: Mastercard: 51% of Surveyed Consumers in Latin America & the Caribbean Have ‘Experienced’ Crypto
Johannes Schweifer is the CEO and co-founder of blockchain infrastructure company CoreLedger.
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While the market sentiment may be bearish, these times become an opportunity for builders and innovators to focus on how to drive meaningful progress with blockchain technology.... Read More: Evolution of Enterprise Blockchain into Real-World Utility and Use Cases
Smaller crypto exchanges could be vulnerable to collapse during this crypto bear market, given seemingly unsustainable yields offered to users, and a confusing “webs of relationships” between companies in the space, a new report from the crypto data provider Kaiko has found.
According to Kaiko, exchanges are currently under stress for several reasons, including the decline in trading volumes that always comes during crypto bear markets.... Read More: Smaller Exchanges Could Fall Due to Confusing ‘Web of Relationships’, Report Warns
Bitcoin price failed to extend gains above the USD 21,500 level and traded below USD 21,000. It is currently (04:12 UTC) trading near USD 20,700 and is down over 2% in a day and is almost unchanged in a week.
Similarly, most major altcoins are also moving lower. ETH traded below the USD 1,200 support zone. XRP struggled and declined below USD 0.350, while ADA is testing USD 0.48.
Total market capitalization... Read More: Bitcoin and Ethereum Trim Gains, XTZ and CHZ Accelerate