Coins

Nearly 19,000 Bitcoins Deposited on Gemini Exchange, Coinbase Premium Negative

March 15th, 2021

After hitting its all-time high above $61,500 levels on late Saturday, Bitcoin (BTC) seems under pressure at this stage. At press time, BTC has slipped below $60K levels and is trading 2.5% down at $59,666 with a market cap of $1.114 trillion. However, there’s a big red-flag at this stage and new buyers would maintain…

Polkadot is drawing closer to a 31 percent upswing, eying $50

March 15th, 2021

Polkadot is among the few crypto assets set to begin the week in the green. Bitcoin surprised many by making a real break above $60,000 over the weekend. DOT is most likely following in its footsteps to achieve another record high. Meanwhile, DOT is trading at the apex of a symmetrical triangle. This pattern highlights…

Elon Musk Wants Coinbase to List Dogecoin as the Cryptocurrency’s Adoption Grows

March 14th, 2021

Spacex and Tesla CEO Elon Musk have once again tweeted in support of dogecoin. He wants the crypto exchange Coinbase to list the cryptocurrency and says he will get a Shiba Inu, the dog breed featured as the face of dogecoin. Meanwhile, the coin’s adoption is growing, advocated by celebrities like Mark Cuban. Elon Musk…

Norway’s Fourth-Richest Man Invests in a Crypto Mining ASIC Manufacturer

March 13th, 2021

According to regional reports, the Norwegian billionaire and hedge fund manager, Ole Andreas Halvorsen, is investing funds into an energy-reducing cryptocurrency mining chip hardware company. The company Norway’s fourth richest man is investing in claims to build application-specific integrated circuit (ASIC) mining chips that are allegedly 300%-500% more energy efficient than existing hardware. Norwegian Hedge…

DC Comics Is the Latest to Join the NFT Mania With Digital Batman

March 13th, 2021

A day after Beeple’s digital artwork sold for a record $69 million, America’s popular comic book publisher is now joining the NFT craze with its iconic Batman character. DC Comics is the latest big-name after NBA Top Shots and Christie’s to join the non-fungible token (NFT) mania. NFTs are basically blockchain-based cryptographic tokens that are…

Ethereum’s Buterin Highlights Layer-Two Rollups as Potential Scaling Solution

March 12th, 2021

As questions circle about the network’s capacities following surging transaction costs and accelerating activity in the decentralized finance (defi) arena, Ethereum’s founder Vitalik Buterin opines that layer-2 solutions could help the network scale by a factor of 100x in mere months to meet growing demand. Sidechain Bundling Touted as Workaround to Current Network Congestion Ethereum…

Harmony Price Prediction: What Will Be The Price Of ONE In 2021?

March 12th, 2021

Why Harmony [ONE] Token? Harmony with trading ticker ONE is a project that’s been popping up on the radar of many savvy investors. In our opinion, it’s a project that you should be considering. At its core, the Harmony project is one of many projects focused on solving the blockchain scalability issues plus creating a…

U.S. SEC Now Seeks Personal Information of Ripple Executives In Lawsuit Investigation

March 12th, 2021

SEC’s Ripple lawsuit is getting murkier with every passing day! Now, the U.S. Securities regulator is now seeking the personal information of two Ripple executives. The SEC has sent the subpoenas to six banks seeking eight years’ worth of transaction information of the Ripple executives. The lawsuit filed in late December 2020 claims that Ripple…

Stablecoin Inflow Dries At Exchanges, Can Bitcoin Bulls Sustain $55k?

March 11th, 2021

On Wednesday, March 10, Bitcoin showed strong northward momentum surging over 4% and moving past $57,000 levels. At present Bitcoin is strongly consolidating above $55,500, however, the reducing stablecoin inflows and dropping USDT supply at the exchanges can put downward pressure on Bitcoin. As CoinGape reported yesterday, the short-term whale SOPR shows signs of further…

Ethereum Technical Breakout Sets The Pace For Upswing Beyond $2,000

March 9th, 2021

Ethereum has come out of the woods and is glancing toward a new all-time high past $2,000. The flagship smart contract token had been stuck beneath $16,000 following the breakdown to price levels marginally below $1,300. Recovery was an uphill battle mainly because of the seller congestion between $1,600 and $1,650. Trading above the 200…