Bitcoin, the leading cryptocurrency, achieved a trading rate of $31,500 on July 6th, marking a 13-month high and demonstrating a rapid 2 percent increase within a single hour. Analyzing the trading movements in the crypto market, Bitcoin’s RSI (Relative Strength Index) is currently above 64.26, suggesting that BTC is approaching
Over the past few months, the crypto industry has seen extraordinary growth, with several assets experiencing substantial increases in value and network activity. Shiba Inu (SHIB) was among the cryptocurrencies that flourished during this period. Shiba Inu (SHIB) has garnered considerable attention in the second quarter of this year, evident
BlackRock CEO Larry Fink expressed his positive outlook on cryptocurrencies in a recent interview with Fox Business, specifically referring to Bitcoin (BTC) as an “international asset” and endorsing the idea of crypto serving as “digital gold.” Further, Fink highlighted the potential of cryptocurrencies. Saying, “I do believe that the role
In the face of recent market volatility and downward pressure on Bitcoin’s price, a remarkable trend has emerged among retail investors, affectionately dubbed the ‘shrimps.’ The Shrimps who possess less than 1 BTC each, have been steadfastly accumulating the king coin at an impressive rate of 33,800 BTC per month.
Solana (SOL), blockchain the so-called Ethereum killer making significant strides in the cryptocurrency market. Recent data from DeFiLlama reveals that Solana’s Liquid Staking Derivatives (LSDs) protocol has experienced an impressive surge in Total Value Locked (TVL) this year, signifying its growing prominence among top cryptocurrencies. Solana (SOL) TVL Surges Since
On Sunday, October 8th, the Financial Conduct Authority’s (FCA) new financial promotional system will go into force. The FCA has reportedly sent letters to both domestic and international companies marketing cryptocurrencies to consumers in the United Kingdom. Warning them that they must adhere to the forthcoming crypto ad compliance rules
What Is a Centralized Crypto Exchange? A crypto exchange functions as a marketplace where individuals can engage in buying and selling digital assets, such as cryptocurrencies. A centralized cryptocurrency exchange functions as a digital currency trading platform, where a central entity serves as an intermediary between buyers and sellers of
Bitcoin (BTC) and Ethereum (ETH) the crypto giants in the market showing positive momentum with significant price rally. The king of the global crypto market Bitcoin crossed an impressive $31,350 range. Similarly, the second largest cryptocurrency Ethereum nearing the $2K mark. The surge in Bitcoin’s price can be attributed to
Blockchain technology has revolutionized how information is stored and transferred, particularly within the realm of cryptocurrencies. With its transparent and decentralized nature, blockchain layer has become a breakthrough innovation of the 21st century. However, understanding the intricate workings of blockchain can be challenging. In this article, we will simplify the
Verge (XVG), the prolonged dead crypto currency, has experienced an unprecedented surge in trading volume, skyrocketing by a staggering 383% within the last 24 hours to record $507 million. Also, the Verge (AVG) price soared over 300% in a week. This remarkable rally in the crypto has propelled Verge to
