Bitcoin’s price tumbled below a key support level, but financial experts agree that the correction clears the way for further upside. Bitcoin and the wider cryptocurrency market took a beating in the late ho April 22, and intense selling saw (BTC) price dip below $48,000 in a move that came as a relief to quantitative analysts like PlanB […]

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The partnership will expand both Foundry’s and Bitfarm’s operations, while boosting the hash rate share of North America. Bitfarms, an institutional bitcoin mining company, has partnered with Foundry USA Pool, in a partnership that will “Expand [Bitfarms’] Bitcoin Mining Fleet…Instantly Boosting Operating Hashrate By 15%,” according to a press release shared with Bitcoin Magazine today. […]

Ethereum (ETH/USD) improved early in the Asian session as the pair appreciated to the 2354.54 level after trading as low as the 2040 area during the European session, with the interday low representing a test of the 38.2% retracement of the depreciating range from 2145 to 1980.  Traders pushed ETH/USD as high as the 2354.54 […]

Ethereum (ETH/USD) improved early in the Asian session as the pair appreciated to the 2354.54 level after trading as low as the 2040 area during the European session, with the interday low representing a test of the 38.2% retracement of the depreciating range from 2145 to 1980.  Traders pushed ETH/USD as high as the 2354.54 […]

“People are already realizing that they would rather have Bitcoin than fiat currency,” said Draper. Venture capitalist Tim Draper is continuing his bullish talk on Bitcoin in some investment tips for those new to the crypto space. Speaking at the Collision web summit on Thursday, Draper said Bitcoin (BTC) could incentivize governments around the world […]

Bitcoin price continues to come under pressure from sellers while Ether and BNB are attempting to buck the trend. As Bitcoin price crashed below $50,000, mainstream media highlighted that the selling across the market could have been triggered by reports that the Biden administration proposed increasing the capital gains tax to 39.6% from the current […]

The Biden administration has revealed plans to raise taxes on investors who are millionaires according to a flurry of recent reports. President Joe Biden wants to overhaul the U.S. economy in order to help fund American childcare and education. Biden’s proposal will almost double the current capital gains tax rate from 20% to 39.6%, and […]

Synthetix, an Ethereum-based decentralized finance (DeFi) app, launched the full suite of its on-chain synthetic derivatives yesterday, as per an announcement. The FAANG equity Synths and sTSLA are now live for trading! FAANG synths can be traded on @kwenta_io. You can also earn SNX rewards for contributing liquidity to @BalancerLabs pools for out-of-market-hours trading: https://t.co/F7H65KSP8F […]

Gemini crypto exchange has integrated deposits via Apple Pay and Google Pay to simplify crypto purchases. Major American cryptocurrency exchange Gemini now lets its users purchase cryptocurrencies like Bitcoin (BTC) with Apple Pay and Google Pay. According to a Thursday announcement, Gemini users can now connect their debit cards to Apple Pay or Google Pay […]