Crypto
Cryptocurrency news, blockchain, and digital assets
277 articles
Crypto Market Report TRON Leads, Cardano Lags
# Crypto Market Report: TRON Leads, Cardano Lags ## Market Highlights Today, TRON emerges as the largest gainer with a 5.24% increase, while Cardano is the largest loser, down 3.65%. Bitcoin’s current price is $118,859.05 with a daily performance of -0.49%. ## Recent Crypto News Summary In recent cr
SEC Cracks Down on Fake Crypto Investment Scams
The SEC has filed charges against five entities and three individuals in two relationship-based investment scams involving fraudulent crypto trading platforms, NanoBit and CoinW6. These scams were executed through social media platforms like WhatsApp, Instagram, and LinkedIn, where the fraudsters ga
Cryptocurrencies Update September 6
In today Cryptocurrency market overview, leading the pack is Bitcoin (BTC), which is priced at $55,773.2 and dominates with a market capitalization of $1.10 trillion. Despite its large presence, Bitcoin has faced a recent downward trend, with a 2.33% decline in the past 24 hours and a 6.04% dip over
Is Bitcoin Ready for Another Bullish Leg?
Bitcoin seems positioned for a bullish test after the breakout-fakeout on the lower side of the bearish channel at the end of last month. Track all markets on TradingView From the historical high in March the asset lost 23% when it reached its second quarter low 56,629 in April. The current settings
BITCOIN rebounds in negative channel during halving process
Bitcoin halving is a process within the cryptocurrency’s protocol that cuts the reward for mining new bitcoins in half every 210,000 blocks, or approximately every four years. This mechanism is part of the design by Bitcoin’s creator, Satoshi Nakamoto, to ensure that only a finite number of bitcoins
GPUs dual dominance in artificial intelligence and crypto mining
In recent years, Graphics Processing Units (GPUs) have emerged as a formidable force driving advancements in two distinct, yet computationally intensive domains: Artificial Intelligence (AI) and cryptocurrency mining. The intrinsic architecture of GPUs, characterized by parallel processing capabilit
Michael Lewis book on Sam Bankman-Fried will be released on October
Going Infinite: The Rise and Fall of a New Tycoon, is the title of the new book Michael Lewis has written about FTX and its ex billionaire founder. We are sure that these 288 pages will be read with great pleasure by a storm of avid readers of probably the most prolific contributor in financial [&he
Ripple soars 59% after partial win against SEC
The price of Ripple’s XRP cryptocurrency surged by more than 59% yesterday after a US judge ruled in favor of the company in a legal battle with the Securities and Exchange Commission (SEC). The SEC had accused Ripple of selling XRP as an unregistered security, but the judge ruled that the agency ha
Bitcoin rising above 31,000 making fresh 2023 high
BTC/USD made today a breakout of the static resistance in are 31,070 and is trading near its intraday high at 31,306, up 3.86%. The bullish move is a consequence of both technical and fundamental events for the cryptocurrency that unfolded this week after a wave of pessimism for the whole industry.
Bitcoin testing its 2023 high
BTCUS gaining 1% 30,000 at 30,242.28, trying to win its 2023 top near 31,043. The most important resistance in case this bullish uptrend would continue is going to be its 38.2% Fibonacci Retracement of the downtrend November 2011 – November 2022, where it had retraced 77% from its market top 68,913.
Bitcoin bullish breakout of bearish channel confirmed
Bitcoin is confirming its positive momentum advancing by 2.82% to 28,957$ after yesterday breakout of the bearish channel. Next resistence in area 30,000 and then its 2023 high near 30,960. Track all markets on TradingView Positive news from mainstream financial providers is lifting the cryptocurren
Bitcoin in a bearish channel at 3 month low sliding below 25,000
Bitcoin is making lower highs and lower lows after its 2023 top on April 14. The retracement of the uptrend from its November 2022 – April 2023 went just below its 38.2% Fibonacci retrecement. 21 day SMA and 55 day EMA slope are getting negative. Next relevant support in area 24,000 and then 23,100.
Bitcoin mining in 2023, key players and underlying dynamics (1)
Bitcoin mining, the pivotal process validating transactions and introducing new Bitcoins into circulation, continues to shape the evolution of the world’s first decentralized cryptocurrency. The landscape of Bitcoin mining has witnessed significant transformation, especially in 2023, where certain c