Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate on Saturday, Following Recent Gains

Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate on Saturday, Following Recent Gains

Post Views: 455 Bitcoin was marginally higher to start the weekend, as bulls were able to fight through Friday’s volatility. Prices of the world’s largest token rose above $22,000 earlier in the session, whilst ETH continues to trade above $1,200. BTC was trading marginally in the green on Saturday, as prices of the token rose…

Russia’s Finance Ministry Supports Circulation of Stablecoins in Country

Russia’s Finance Ministry Supports Circulation of Stablecoins in Country

Post Views: 365 The Russian Ministry of Finance is ready to back the legalization of transactions with stablecoins in Russia, according to a high-ranking representative. While the ministry recognizes that cryptocurrencies could lay the ground for a new financial system, the department is unsure if it will be better than the current one. The Ministry…

US Asks Japan to Pressure Crypto Exchanges, Miners Working With Russia, Report Unveils

US Asks Japan to Pressure Crypto Exchanges, Miners Working With Russia, Report Unveils

Post Views: 302 U.S. diplomats have reportedly called on authorities in Tokyo to increase pressure on Japanese crypto exchanges and miners to sever links to Russia. The request was made to deepen Moscow’s financial isolation amid the ongoing Russian assault on Ukraine. The United States has urged Japan to put more pressure on cryptocurrency exchanges…

Biggest Movers: ATOM, DOT Hover Below Key Resistance Levels on Saturday  

Biggest Movers: ATOM, DOT Hover Below Key Resistance Levels on Saturday  

Post Views: 355 ATOM and DOT were trading in a sideways trend on Saturday, as crypto markets were mainly in consolidation mode to start the weekend. The majority of the cryptocurrency top 100 was marginally lower, as traders seemingly consolidated their gains from this week’s action. After almost ten consecutive sessions of higher highs, ATOM…

Report: South African Firm Launches ‘Crypto Water Token’ — Receives Investment of $150M

Report: South African Firm Launches ‘Crypto Water Token’ — Receives Investment of $150M

Post Views: 302 The South African company behind the so-called “crypto water token” is reported to have secured an investment of $150 million from a Bahamas-based digital asset management company, GEM Digital. Initially available on decentralized exchanges only, the H2ON token was recently listed on the crypto exchange platform Bitmart. A South Africa-based water infrastructure…

Argentinian Exchange Ripio Presents Crypto Educational Textbook and Web3 Metaverse Wallet

Argentinian Exchange Ripio Presents Crypto Educational Textbook and Web3 Metaverse Wallet

Post Views: 305 Ripio, an Argentina-based cryptocurrency exchange, announced the launch of two products, a cryptocurrency educational textbook to help newcomers navigate the crypto market, and a Web3 wallet that the company aims to position as an easy gateway to the metaverse. While other Latam-based exchanges have laid off some staff to survive the current…

Biggest Movers: MATIC Rises for 5th Straight Session, While AAVE Is up Nearly 10%

Biggest Movers: MATIC Rises for 5th Straight Session, While AAVE Is up Nearly 10%

Post Views: 315 MATIC was one of Friday’s notable movers, as prices of the token rose for a fifth consecutive session. This came as crypto markets were mostly in the green for the majority of the day’s session, with AAVE hitting a two-week high. MATIC was a notable mover on Friday, as prices of…

Bitcoin Mining Infrastructure Provider Lancium to Bolster Battery-Powered Demand Response at 25 MW Texas-Based Facility

Bitcoin Mining Infrastructure Provider Lancium to Bolster Battery-Powered Demand Response at 25 MW Texas-Based Facility

Post Views: 386 According to Lancium Inc., a crypto mining infrastructure firm, the company has signed a deal with the Texas battery-storage provider Broad Reach Power LLC. Broad Reach Power plans to supply battery power to Lancium’s Fort Stockton-based 25-megawatt facility and when the grid is swamped by excessive energy demand, Lancium can continue mining…

Tesla CEO Elon Musk Officially Terminates $44 Billion Twitter Deal — Twitter Threatens Lawsuit

Tesla CEO Elon Musk Officially Terminates $44 Billion Twitter Deal — Twitter Threatens Lawsuit

Post Views: 386 Tesla CEO Elon Musk has formally informed Twitter that he is terminating his $44 billion bid to buy the social media platform. “Twitter is in material breach of multiple provisions” of the agreement, Musk’s lawyer explained. Mr. Musk is terminating the merger agreement because Twitter is in material breach of multiple provisions…

Bitcoin Price Outlook for July — Traders Remain Concerned About Upcoming Fed Rate Hike and Bankrupt Crypto Firms

Bitcoin Price Outlook for July — Traders Remain Concerned About Upcoming Fed Rate Hike and Bankrupt Crypto Firms

Post Views: 335 During the first week of July, bitcoin prices have risen to their highest level since mid-June, coming as U.S. Non-Farm Payrolls handsomely beat expectations. However, as we head into the remaining weeks of the month, questions still linger on if this momentum can be maintained, despite the current uncertainty in the market. …