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Bitcoin (BTC) Fails to Sustain Upward Run, Price Falls to $20K
Bitcoin (BTC) has been trading inside a corrective pattern since June 18 and a breakdown from this channel could lead to new local lows.
Bitcoin has been decreasing underneath a descending resistance line since the end of March.…
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Lido DAO price moves higher as the Ethereum Merge moves a step closer to completion
The upcoming Ethereum (ETH) Merge is one of the most talked about developments in the cryptocurrency ecosystem as the world’s second-largest cryptocurrency by market cap undergoes the difficult transition from proof-of-work (PoW) to…
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Shanghai Allocates $1.5B to Metaverse Development Fund
Shanghai’s new industry fund will broadly invest in the metaverse, as well as smart terminals and energy projects
Chinese stocks and commodity prices dropped after emergence of…
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Capital Flooding in Bitcoin and Ethereum Tends to Stay: Messari
The bloodbath will probably worsen, at least, until the end of the year as inflation will remain above 5%, and regulatory crackdowns against the industry deepen, according to the annual report published by crypto research firm…
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Celsius Hires New Legal Firm to Assist on Restructuring
Cryptocurrency lender Celsius is trying to overcome the hypothermia caused by the crypto winter and position itself again as a reliable service on the market, gaining its credibility once again. And to achieve this goal,…
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PoS gives Ethereum the economic structure to overtake Bitcoin, says DeFi researcher
As Ethereum shifts into proof-of-stake (PoS), a decentralized finance (DeFi) researcher has argued that the platform can overtake Bitcoin's (BTC) throne as the top dog in crypto. In a Twitter thread, researcher Vivek Raman highlighted that…
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Axie Infinity Active Users, NFT Prices Continue To Decline After Bridge Reopening
Axie’s weekly NFT sales volume fell from a $753 million high in November to $3 million last week
StepN, an Axie competitor with a similar business model, has also seen its game…
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The Failure of Terra, Celsius, 3AC Highlights the Importance of Self-Custody: DappRadar
DappRadar published the latest edition of its quarterly report, focusing on how the fall of Terra, Celsius, and 3AC have changed the blockchain landscape as the liquidity crisis deepened, impacting major CeFi players. In…
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Iranian Power Utility Vows Severe Measures Against Unlicensed Crypto
Iran’s state-owned power distribution company, Tavanir, has threatened harsher measures to discourage unauthorized crypto mining. These include much higher fines for those minting digital currencies with subsidized electricity…
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Goodbye, The Future Is Multichain
Bitcoin maximalist position: There are two types of people in the crypto space. The first are those who believe that in 20 years, every other chain in the industry will eventually be tacked onto Bitcoin. The second is those who believe…
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