Bitcoin at Make or Break Point After Drop Below $40,000

Key Takeaways Bitcoin has slipped below $40,000 after enjoying a 43% rally.  Transaction history suggests that BTC would have a difficult time reclaiming this level as support. If it does reclaim $40,000,... Read more »

Infrastructure Bill Crypto Broker Update Sparks Confusion

Key Takeaways A new U.S. bill says those classified as “brokers” in the cryptocurrency space will have to adhere to strict tax reporting. As per the latest amended bill, brokers are those... Read more »

Ethereum Aims for 13th Consecutive Green Candle Close

Share this article Ethereum has achieved its 12th green daily candle in a row.  Ethereum on a Rally  Following the recent crypto market reversal, Ethereum is in bullish mode.  From Jul. 21... Read more »

Has Crypto Entered “NFT Summer”?

Key Takeaways NFTs are a type of asset that offer provable scarcity and ownership by recording data on a blockchain. Demand for CryptoPunks and other sought-after NFTs has risen over the weekend.... Read more »

Ethereum Targets $3,000 Despite Death Cross Warning

Key Takeaways Ethereum’s price chart is flashing a potential negative warning in a death cross. The market can expect volatility due to today’s options expiry and rising derivatives volume. Many investors are... Read more »

Onboarding Millions on Layer 2 Solutions: Interview with DODO Founder

Key Takeaways DODO is set to launch on Arbitrum, and believes that Arbitrum will surpass people’s expectations. While initially, liquidity will be spread between layer 2’s and sidechains like Polygon or BSC,... Read more »

Congress Fears DeFi “Financial 9/11”: U.S. Legislator

Key Takeaways In an interaction with Chris Cameron of MakerDAO, U.S. legislator Ted Budd discussed stablecoin regulation. Budd said that some U.S. legislators in Congress think stablecoins pose a great threat to... Read more »

THORChain Shakes Off Recent Attacks with 39% Rally

Share this article THORChain has suffered a wave of attacks over the last few weeks, but RUNE is showing signs of recovery.  THORChain Makes Major Rally  THORChain is soaring.  The project’s RUNE... Read more »

Bitcoin and Ethereum Flash Sell Signals After Major Gains

Key Takeaways The Tom DeMark Sequential indicator has flashed sell signals on Bitcoin and Ethereum’s daily charts.  Despite the pessimistic outlook, transaction history shows BTC faces no resistance until $42,600.  Likewise, ETH... Read more »

What is EIP-1559? Ethereum’s Fee Burning Proposal Explained

Key Takeaways EIP-1559 will burn a significant portion of the transaction fees on Ethereum while introducing variable block sizes to improve efficiency. The upgrade will negatively impact Ethereum miners but will add... Read more »

Bitcoin Hovering Below $40,000 Ahead of Fed Meeting

Share this article Bitcoin has taken an attempt to break $40,000 for the second time this week, with the Fed’s FOMC policy meeting acting as a source of uncertainty.  Bitcoin’s Positive Consolidation... Read more »

Another Polygon Yield Farm Crashes to Zero After Exploit

Key Takeaways PolyYeld Finance’s YELD token has crashed to zero after attackers exploited a vulnerability to mint nearly 4.9 trillion tokens. The attack targeted PolyYeld’s Masterchef pool, which contained xYELD tokens. Several... Read more »

Ripple XRP Advances Further While Whales Sell

Key Takeaways XRP is up by more than 40% this week, recently reaching a high of $0.75.  Most of the buying pressure appears to be coming from retail investors, while whales have... Read more »

Cardano Must Break Crucial Resistance to Head to $2

Key Takeaways Cardano remains stagnant despite breaking out of a descending triangle. The $1.33 resistance level has proved to be significant for ADA’s trend. Only a daily candlestick close above this barrier... Read more »

Reddit Tokens Soar on Ethereum Arbitrum Launch

Key Takeaways MOON has rallied 500% this month as demand for Reddit community tokens grows. The token’s recent launch on Arbitrum has served as a bullish catalyst as it allows for use... Read more »

Yield Guild Games Token Launch Crashed by 32 Whales

Share this article Yield Guild Games has launched its new community token. However, only 32 addresses have bought the entire supply.   Whales Buy YGG Token on Launch The popular play-to-earn gaming guild... Read more »

South Korea Proposes to Seize Crypto from Tax Evaders

Key Takeaways South Korean tax authorities has proposed a law to seize and sell crypto assets held by tax dodgers in exchanges. The new revisions would force crypto exchanges to transfer crypto... Read more »

Bitcoin, Ethereum, and XRP Bullish after Weekend Gains

Key Takeaways Bitcoin is steadily rising toward $46,000 with little to no opposition ahead. Ethereum regained a significant support cluster that could fuel an upswing to $3,000. XRP presented a buy signal... Read more »

Axie Infinity Trading at Extremely Overbought Conditions

Key Takeaways Axie Infinity’s AXS token has risen by more than 250% in the past five days. AXS seems to have entered overbought territory based on technical and on-chain metrics. A spike... Read more »

Bitcoin Targets $46,000 After Breaking Crucial Resistance

Key Takeaways Bitcoin seems to have broken out of a descending triangle pattern on its daily chart. A spike in buying pressure could see prices rise by more than 40% towards $46,200.... Read more »