Fallout from crypto contagion subsides but no market reversal just yet
The blockchain industry showed some surprising resilience in July, which may point to a period of greater fundamental support for the crypto space overall in the short term. In looking at a wide variety of indicators, including Bitcoin’s (BTC) price action, open...
Bitcoin Mining Operations Continue to Expand Amid the Crypto Winter, While Converting ‘Wasted Gas to Energy at Scale’
The bitcoin mining industry continues to expand as companies are obtaining more megawatts of capacity, building new facilities, and acquiring thousands of application-specific integrated circuit (ASIC) mining rigs. On Friday, the firm Validus Power revealed it has...
India’s ED freezes $46 million of Vauld’s funds on money-laundering charges
Singapore-based Crypto Lender Vauld is facing money laundering charges in India after $46.5 million (3.70 billion Indian rupees) was frozen from its local entity, Flipvolt Technology.India’s Enforcement Directorate (ED) confirmed in an Aug. 12 statement that it is...
Crypto markets bounced and sentiment improved, but retail has yet to FOMO
An ascending triangle formation has driven the total crypto market capitalization toward the $1.2 trillion level. The issue with this seven-week-long setup is the diminishing volatility, which could last until late August. From there, the pattern can break either way,...
UAE Now Requires Agents to Report Real Estate Transactions Where Virtual Currency Is Used as Payment
The United Arab Emirates (UAE) has said it now requires real estate agents, brokers, and law firms to report to the Financial Intelligence Unit real estate transactions in which virtual currency is used as payment. Similarly, real estate purchases or sales where “the...
MakerDAO founder proposes converting $3.5B USDC reserve to Ethereum
MakerDAO (MKR) founder Rune Christensen has asked DAO members to consider converting its $3.5 billion USDC reserves to Ethereum (ETH) because of the extent of the Tornado Cash sanctions.MakerDAO is considering a $3.5 billion ETH market buy, converting all USDC from...
BTC mining stocks double in a month as production ramps
Crypto mining companies have seen their stock prices increase as much as 120% over the last month, amid rebounding crypto asset prices, higher mining profitability and sharp increases in Bitcoin (BTC) production.Crypto mining companies Marathon Digital Holdings at...
Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During the First Half of 2022
This week the bitcoin mining company Genesis Digital Assets announced that the firm has secured 708 megawatts (MW) in capacity and revealed plans to create 130 full-time jobs in the United States. The chief operating officer at Genesis, Andrey Kim, said the firm has...
Solana, Avalanche Meet Stiff Resistance
Key Takeaways Solana and Avalanche are trading below significant supply zones. Failing to overcome these hurdles could trigger corrections. SOL needs to close above $46, while AVAX needs to break above $31 to advance higher. Share this article While Ethereum is...Crypto Price
Bitcoin$24,754.003.09%
Ethereum$1,980.514.14%
Tether$1.00-0.11%
BNB$327.631.06%
Cardano$0.542.10%
Litecoin$63.542.88%
Chainlink$9.323.06%
Synthetix Network$4.131.65%
Crypto Price
| Name | Price | 24H (%) |
|---|---|---|
DSLA Protocol
(DSLA)
| $0.003674
| -7.08% |
Lympo
(LYM)
| $0.004392
| -4.43% |
Heart Number
(HTN)
| $0.000553
| -30.47% |
Relevant
(REL)
| $0.79
| 1.67% |
DYOR
(DYOR)
| $0.000020
| 20.53% |
TICOEX Token
(TICO)
| $0.001364
| 0.52% |
Bitcoin
(BTC)
| $24,754.00
| 3.09% |
Ethereum
(ETH)
| $1,980.51
| 4.14% |
Tether
(USDT)
| $1.00
| -0.11% |
USD Coin
(USDC)
| $1.00
| 0.11% |
