The price of Ethereum appears to be recovering nicely over the weekend after a period of investor uncertainty. The “king of altcoins”, following what looked like an aggressive return above the $4,200 level earlier this week, is now lagging under the psychological $4,000 mark. While the Ethereum price has been building some positive momentum over […]
by Enoch Mwathwa BitMine Immersion Technologies, chaired by Fundstrat’s Thomas “Tom” Lee, has made another bold move into the crypto market. The company has taken into its reserves minerals worth $ 820 million in Ethereum (ETH), which is in line with the drastic recovery of the token’s price. The acquisition establishes BitMine’s good standing of […]
Ethereum price started a recovery wave above $3,880. ETH is now rising and might aim for more gains if it clears the $4,050 resistance. Ethereum started a fresh recovery above $3,800 and $3,880. The price is trading above $3,920 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line […]
NXG Markets names Anjum Sayed CEO In this week’s executive news roundup, NXG Markets appointed former Doo Prime executive Anjum Sayed as its new CEO. She previously served as Country Manager at the CFD broker. She joined the company from Doo Prime, where she worked as Sales Team Lead. Join IG, CMC, and Robinhood in […]
by Vincent Muthee Bitcoin (BTC) has dipped by 6% over the last 24 hours to trade at $104,586. The recent price slump extends the recent correction with the price dipping by over 14% over the last 7 days. This decline comes as Bitcoin faces correction amid sentiment cool off following previous sustained bullishness for risk-off […]
In his latest Chainlink daily technical outlook, CryptoWzrd noted that the token closed bearish, retesting the $16.00 daily support level. He mentioned plans to monitor its intraday chart closely for potential quick scalp opportunities, particularly if LINK holds above $16.80, which he views as a positive zone. A Possible Shift In Chainlink’s Current Bearish Action […]
Crypto exchange Kraken has announced the suspension of Monero (XMR) deposits following a confirmed 51% attack on the network on August 12. The attack was linked to the Qubic mining pool, which managed to control over half of Monero’s hashrate, peaking at 2.6GH/s. This dominance allowed Qubic to conduct a six-block deep reorganization of Monero’s […]
by Enoch Mwathwa U.S. President Donald Trump has softened his stance on the recently announced 100% tariffs on Chinese imports, signaling a possible easing of trade tensions between Washington and Beijing. His comments came as the crypto market plunged, with Bitcoin leading a widespread sell-off fueled by economic uncertainty and investor panic. Trump Backtracks on […]
Bitcoin (BTC) continues to lose momentum, as the flagship cryptocurrency fell to $103,528 earlier today amid an increasingly uncertain global macroeconomic outlook. Fresh data from Binance suggests that BTC is currently undergoing a critical transition phase within its price cycle. Bitcoin Fall Continues – When Will Bloodbath End? According to a CryptoQuant QuickTake post by […]
Stripe’s blockchain project, Tempo, raised $500 million in a Series A round led by Greenoaks and Thrive Capital, valuing the payments-focused network at $5 billion, according to Fortune. Sequoia Capital, Ribbit Capital and Ron Conway’s SV Angel also joined the round, while Stripe and Paradigm did not contribute additional capital, a person familiar with the […]
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