Cryptocurrency Market

  • Market Cap: $2,796,441,144,486.02
  • 24h Vol: $117,289,232,593.84
  • BTC Dominance: 58.27%

Bitcoin

bitcoin,-ethereum-technical-analysis:-btc-nears-$25,000,-whilst-eth-hits-$1,700

Bitcoin, Ethereum Technical Analysis: BTC Nears $25,000, Whilst ETH Hits $1,700

Bitcoin moved significantly higher on Feb. 16, as the world’s largest cryptocurrency hit its strongest point since last August. Prices neared the $25,000 mark earlier in the day, following a breakout of a key resistance level. Several factors have contributed to the rally including strong U.S. retail sales, and an easing of regulatory concerns. Bitcoin

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court-to-try-2-russians-for-stealing-86-bitcoins-from-crypto-miner

Court to Try 2 Russians for Stealing 86 Bitcoins From Crypto Miner

Two residents of the Russian city of Tomsk will be tried for “large-scale robbery” involving the theft of cryptocurrency worth millions of rubles from a local miner. The digital coins were stolen from the owner at gunpoint, authorities said, adding that both criminals are now in custody. Thieves Face Trial in Russia for Armed Robbery

Court to Try 2 Russians for Stealing 86 Bitcoins From Crypto Miner Read More »

bitcoin-ordinal-inscriptions-surge-past-100,000-mark,-spurring-development-of-supporting-infrastructure

Bitcoin Ordinal Inscriptions Surge Past 100,000 Mark, Spurring Development of Supporting Infrastructure

According to the latest statistics, more than 100,000 ordinal inscriptions have been added to the Bitcoin blockchain since the start of the trend. Amid the growing popularity, people have launched supporting marketplaces and tools that allow individuals to inscribe without a full node. Additionally, a decentralized Ordinal exchange is reportedly in the works. 100,000 Inscriptions

Bitcoin Ordinal Inscriptions Surge Past 100,000 Mark, Spurring Development of Supporting Infrastructure Read More »

biggest-movers:-doge,-shib-surge-as-elon-musk-tweets-dog-ceo-pictures

Biggest Movers: DOGE, SHIB Surge as Elon Musk Tweets Dog CEO Pictures

Dogecoin rallied on Feb. 15, as Elon Musk tweeted a picture of a Shiba Inu dog, with the caption: “The new CEO of Twitter is amazing.” Following this tweet, both dogecoin and shiba inu surged, extending recent gains. Overall, the global cryptocurrency market cap is 2.42% higher as of writing. Dogecoin (DOGE) Dogecoin (DOGE) rose

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bitcoin,-ethereum-technical-analysis:-btc,-eth-extend-gains-following-us-inflation-report

Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Gains Following US Inflation Report

Bitcoin traded above $22,000 on Feb. 15, as markets continue to react to the latest U.S. inflation report. The consumer price index rose 0.5% in January, following a gain of 0.1% the month prior. Overall, the annual rate of inflation came in at 6.4%, which, although lower than December’s sum of 6.5%, was higher than

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bitcoin,-ethereum-technical-analysis:-btc-edges-closer-to-$22,000-ahead-of-us-inflation-report

Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to $22,000 Ahead of US Inflation Report

Bitcoin rebounded in Tuesday’s session, as markets prepared for this afternoon’s U.S. inflation report. It is expected that the annual rate of inflation in the United States dropped to 6.2% in January, down 0.3% from the month prior. Ethereum also rallied, climbing back above $1,500. Bitcoin Bitcoin (BTC) rebounded from recent losses in today’s session,

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bitcoin,-ethereum-technical-analysis:-eth-hits-1-month-low,-falling-under-$1,500

Bitcoin, Ethereum Technical Analysis: ETH Hits 1-Month Low, Falling Under $1,500

Ethereum started the week trading below $1,500, as it was reported that Paxos will no longer mint BUSD. This has led to a depegging of the stablecoin, and comes ahead of the upcoming U.S. inflation report, which is also adding to today’s volatility. Bitcoin edged lower on Feb. 13, as prices remain near a three-and-a-half-week

Bitcoin, Ethereum Technical Analysis: ETH Hits 1-Month Low, Falling Under $1,500 Read More »

bitcoin-network-experiences-slight-dip-in-difficulty-after-record-high

Bitcoin Network Experiences Slight Dip in Difficulty After Record High

Bitcoin’s difficulty decreased 0.49% on Feb. 12, 2023, following a sustained all-time high of 39.35 trillion over the previous two weeks (2,016 blocks). The decrease in difficulty offers a brief respite for bitcoin miners, after the network recorded a 14.94% increase in the last month. Bitcoin Difficulty Drops 0.49% Lower; Top Five Mining Pools Continue

Bitcoin Network Experiences Slight Dip in Difficulty After Record High Read More »

imf-report-on-el-salvador’s-bitcoin-adoption:-risks-averted,-but-transparency-needed

IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency Needed

According to a recent mission statement published by the International Monetary Fund (IMF), El Salvador has adopted bitcoin as legal tender and has avoided risks so far. The IMF states that the risks have not materialized due to the limited use of bitcoin. However, the United Nations financial agency warns that if its legal tender

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