Cryptocurrency News

The crypto market continues to fly, with DeFi showing no signs of letting up in their growth Crypto overall sentiment continues to grow in strength as traditional financial giants like Goldman Sachs dive in deep into crypto It was a week that reminded speculators that sentiment can be a very powerful thing. As Bitcoin once more breached the USD 12,000 …

Visa and Mastercard’s seemingly bold foray into crypto is raising adoption sentiment about the industry, pushing sentiment across Bitcoin markets Two of the world’s most recognized form of payment — Visa and Mastercard — both came out with major headlines this week that suggested the two payment giants may finally be thawing on their relationship with crypto, to the point …

DeFi keeps making the headlines, but some are saying to exercise caution lest it becomes a bubble We end the week with Bitcoin markets in the continued sideways trading pattern established weeks ago, with the early week seeing sub USD 9,000 prices before a recovery that saw last month’s high touched before settling now just above USD 9,150. But the …

The Dogecoin market had been stable and flat the past few months, with a market cap hovering between USD 250-300 million. In-fact, many crypto experts probably would have said that Dogecoin is just a fad that is long dead. However, Dogecoin has suddenly surged to life this week with a 130% rally, with its price increasing from USD 0.0023 to …

The Miner’s Rolling Inventory can be a useful tool to identify crypto market sentiment based on how miners are maintaining their inventory Crypto traders need as many tools as they can get their hands on in order to get an edge when trading, and one extremely useful but perhaps not well-known tool that can be used to determine crypto market …

MakerDAO’s DeFi crown has just been wrested by Compound with some USD 642 million total assets under management locked in the platform The Maker Decentralized Autonomous Organization (DAO) has long been the king of the Decentralized Finance (DeFi) sector, but now Compound has dethroned MakerDAO for the #1 spot in the industry, with Compound having USD 642 million of total …

The Lawful Access To Encrypted Data (LEAD) Act, if passed, threatens to make cryptocurrency illegal A new bill has been introduced into the United States Senate called the Lawful Access To Encrypted Data (LEAD) Act, and it would compromise all forms of encryption and make cryptocurrency illegal. To be clear, this is just a bill at this point and hasn’t …

Bitcoin silently breaks metrics records as price continues in sideways trend with 3 million weekly addresses with a balance, 5 million active addresses, and hourly spent outputs reaching an all-time high DeFi platforms offering interest and credit lines to crypto depositors are seeing massive uptick in interest Traders and speculators may be getting cabin fever from being stuck in a …

The Zimbabwean dollar seems unable to prevent yet another cycle of hyperinflation, while demand for Bitcoin continues to rise Zimbabwean are experiencing some serious deja vu with the Zimbabwe currency collapse, since the national fiat currency is once again collapsing, and this is leading to a surge in crypto use. In 2008, the inflation rate for the Zimbabwean dollar (ZWL) …

Bitcoin has had a week typical of previous ones, with tight trading ranges above USD 9,000 PayPal, Venmo rumored to consider Bitcoin integration as Venezuela halts Bitcoin payments for passports Deribit CEO disagrees record options contract expiry will cause price spike It has been a tale of repeated trolling by Bitcoin markets this week, with the direction becoming no clearer …