Exchange tokens benefit as centralized exchanges battle with DeFi platforms
Exchange tokens catch a boost as governance and high yields attract fresh inflows and CeFi begins to merge with DeFi.
Read More »Bitcoin Cash in a Sideways Move, May Revisit Resistance at $773
On February 15, buyers were able to push BCH to $773 high. Soon after reaching the recent high, the cryptocurrency fell and went into a range-bound movement. It fell to…
Read More »Bill Gates Switches from “Bitcoin Bear” to Neutral, BTC/USD Remains Firm above $51.5k
The philanthropist billionaire Bill Gates has swung from being a Bitcoin bear to staying neutral just when the BTC price is defying gravity, recently racing above $52.5k. Bill Gates now…
Read More »Bitcoin Cash Finds Support at $680, Resumes Fresh Uptrend
Bitcoin Cash (BCH) was earlier in a downward correction after reaching the $773 high. The price has retraced and found support above $680.
Read More »Bitcoin Price Rallies Above $51,000. Can Bulls Sustain the Bullish Momentum?
Bitcoin (BTC) bulls are closing on breaking the $50,000 resistance level. Today, in the first attempt BTC price rose to $50,244 high and pulled back. On February 17, at the…
Read More »3 Main Principles Driving the Development of CBDC and Their Implications for Cryptocurrency
Many countries are shifting towards introducing their own state-backed digital currencies. Central banks are exploring the potential of CBDCs. But is this effort really a good move on the rest…
Read More »Ripple Bulls and Bears Struggle for Price Possession Above $0.54. Can Bulls Sustain an Upturn?
Today, February 16, 2021, the market has dropped to $0.55 low because of the bulls’ inability to break the minor resistance. The price is consolidating above the $0.55 support and…
Read More »MicroStrategy Plans to Raise $600M to Buy More Bitcoin, Again
MicroStrategy announced in a press release on February 16 that it intends to launch a private offering of $600 million convertible senior notes for qualified institutional investors. The company said…
Read More »Kenya’s Central Bank Decides to Use Bitcoin to Improve Economic Performance: Will this Yield Results?
Kenya, through its central bank, has lately announced a controversial move to employ bitcoin as a reserve currency in a bid to improve the country’s economic performance. However, whether or…
Read More »Bitcoin Price Could Rally Above $50,000 High
Following the successful breaking of the $40,500 resistance, the Bitcoin (BTC) price is set to attain the next psychological price level of $50,000.
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