Bitcoin transaction fees drop by 15% as the price settles at a discount. The transaction fees decreased by almost 15% during the week, according to statistics made public by the crypto analytics firm IntoTheBlock. Due to a steady decrease in daily transactions on the Bitcoin network, network fees dropped by over 15% in the last […]
Coinbase Financial Markets, Inc. has secured regulatory clearance from the National Futures Association (NFA), a self-regulatory organization designated by the Commodity Futures Trading Commission (CFTC). This milestone exemplifies Coinbase’s unwavering commitment to conducting business in accordance with regulations, all while providing reliable and innovative crypto-native solutions for the market. This accomplishment positions Coinbase Financial Markets […]
BTCUSD Remains Trapped Around the $26,000 Zone Bitcoin (BTCUSD) remains trapped and confined within a range. The price oscillates between the crucial levels of $26,300 and $25,800. This situation reflects the lingering impact of the recent bearish phase experienced since the previous week. The coin’s ascent has been stymied despite the cessation of sharp declines. […]
Bitcoin Sellers Struggle to Break Below $25,800 Mark Bitcoin (BTCUSD) has embarked on a downward trajectory following an extended uncertainty period around the $30,000 price level. Throughout this phase, the coin struggled to establish a firm foothold above this threshold. Ultimately, it faltered in finding the necessary support and broke out of its ascending channel, […]
A supply shortage of Bitcoin looms as miners struggle with decreasing earnings. According to the data released by Glassnode, the total network fees paid to miners are now $21,256. This is the lowest amount attained in the past five months. 2. Miner’s Profitability: Miners need to evaluate their operations with reduced rewards. If the price […]
In the dynamic world of digital finance, the term “deflationary cryptocurrencies” has been making waves. For those venturing into the realm of crypto investments, this concept might have piqued your interest. But what exactly are these deflationary cryptocurrencies, and why should they matter to you? Also, how do they differ from their counterparts, and which […]
BTCUSD Crashes Back to the $25,000 Support Level BTCUSD crashed to $25,000 and experienced a significant market event, plunging out of the ascending parallel channel that had been guiding its upward movement from $16,500. Despite the previous incremental rally, the bulls have reached their capacity, struggling to lift the market beyond the formidable $30,000 resistance. […]
In an astonishing turn of events within the cryptocurrency landscape, traders have been dealt a heavy blow, contending with staggering losses totaling a jaw-dropping $1 billion in liquidations. The digital asset markets have been thrust into a maelstrom of uncertainty, experiencing one of the most pronounced sell-offs witnessed throughout the entirety of this year. JUST […]
BTCUSD Remains in the Hunt to Push the Price Above $30,000 BTCUSD remains firmly determined to overcome the resistance at the $30,000 mark. This objective remains at the forefront as the new week unfolds. The coin will be looking to return to its steady upward movement that began at the $16,500 support level. The buyers […]
