Sat, June 10, 2023

George Burrell

Bitcoin

Bitcoin price is weakening, yet major uptrend support is still there

Bitcoin price is weakening, yet major uptrend support is still there The bitcoin price surged past $29,000 but then made a smaller correction and is now stabilizing above the pivot mark of $28,000. The world’s largest crypto has accelerated its upward movement above the $28,500 obstacle, albeit only slightly, and is currently trading above both …

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crypto

Is New York America’s most anti-crypto state?

Is New York America’s most anti-crypto state? Crypto laws have long been the most ambiguous in the United States, particularly in New York. The enforcement tone has been notably tough under New York Attorney General Letitia James. New York is widely regarded as one of the most anti-crypto states in the United States. Mostly because …

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Tether

Tether has excess reserves for the USDT stablecoin of $1.6 billion

Tether has excess reserves for the USDT stablecoin of $1.6 billion This is significant information for the cryptocurrency corporation Tether, which claims to have extra reserves of around $1.6 billion to sustain its USDT stablecoin. Speaking of which, Paolo Ardoino, the chief technical officer at Tether, thinks that USDT is turning into the safest asset …

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Bitcoin

$30k For Bitcoin? Fed Introduces New Weapon To Save Foreign Banks

$30k For Bitcoin? Fed Introduces New Weapon To Save Foreign Banks     The price of bitcoin is once again trading above $28,000, displaying an extraordinarily strong trend that points to future gains as the American banking crisis intensifies into a global banking crisis. The US Federal Reserve has restarted the money printer, which is …

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shiba

Why the Shiba Inu developer drama affects SHIB pricing

Why the Shiba Inu developer drama affects SHIB pricing Since the launch of PuppyNet, the ecosystem’s beta test of the impending update, the Shibarium network upgrade, a forthcoming blockchain network that will be integrated into the Shiba Inu coin, has generated buzz. Developers would get a true sense of the upgrade’s purpose from this. The …

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Cardano

The price rally for Cardano (ADA) has reached a critical point

The price rally for Cardano (ADA) has reached a critical point The price of Cardano (ADA) began a new uptrend over the $0.32 resistance. If ADA overcomes the $0.350 barrier area, it will increase further. In the 4-hour ADA/USD pair chart, a significant negative trend line is forming, with resistance near $0.348. (data source from …

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ether

The CFTC head reiterates the future of stablecoins and ether

The CFTC head reiterates the future of stablecoins and ether At a recent Senate hearing, the chairman of the US Commodities Futures Trading Commission (CFTC) reiterated that stablecoins and ether are commodities and therefore fall under its jurisdiction. When using the founder of FTX, Sam Bankman-Fried, in the middle of December, the CFTC claimed that …

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ethereum

Beginner’s guide to Ethereum (ETH): An overview of wallets

Beginner’s guide to Ethereum (ETH): An overview of wallets Developers can create decentralized applications (dApps) using the open-source, decentralized Ethereum (ETH) blockchain technology. The Ethereum platform’s native cryptocurrency, called ETH, is used to pay for transaction costs and computational services provided by the network. It is the second most valuable cryptocurrency in market capitalization, behind …

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Polygon

What’s up with the price of Polygon (MATIC)?

What’s up with the price of Polygon (MATIC)? Some cryptocurrency assets, like Polygon (MATIC), are outperforming the market trend, while others, like Monero (XMR), are underperforming it. The price of a number of cryptocurrencies is currently following the broad trend set by Bitcoin and Ethereum because the trend in the cryptocurrency markets is currently very …

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Solana

Solana paused because of yet another error

Solana paused because of yet another error The network outage caused by technical issues for the unsuccessful “Ethereum killer” is now customary. Users occasionally experience ‌difficulty finishing transactions. This shut down was the longest in the previous 12 months, lasting 19 hours. On February 25th, an effort to update to version 1.14 ended in failure. …

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crypto

5 crypto altcoins to invest in in march

5 alternative cryptocurrencies to invest in in march With the expansion of the bitcoin market, the definition of an altcoin has changed. Before, anything other than Bitcoin was referred to as an “altcoin,” however, nowadays there are a wide variety of crypto currencies and tokens. Any cryptocurrency asset that is not Bitcoin stays included in …

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