Ethereum Retreats From $2K, Why ETH Remains Strong Above $1,850

Ethereum Retreats From $2K, Why ETH Remains Strong Above $1,850

Ethereum traded to a new all-time high near $2,040 before correcting lower against the US Dollar. ETH price is trading nicely above $1,850 and it is likely to continue towards $2,000. ETH price climbed higher steadily and it surpassed the main $2,000 resistance against the US Dollar. The price is trading nicely above the $1,850... Read more

TA: Bitcoin Claims $50K, Why BTC Could Continue Higher To $52K

TA: Bitcoin Claims $50K, Why BTC Could Continue Higher To $52K

Bitcoin price gained bullish momentum and broke the $50,000 resistance against the US Dollar. BTC is holding gains and it seems like it could rise further towards the $52,000 level. Bitcoin broke the $50,000 resistance and traded to a new all-time high near $50,600. The price is trading nicely near $50,000 and it is well... Read more

Bitcoin Miners Generate $50M Per Day During Bull Trend

Bitcoin Miners Generate $50M Per Day During Bull Trend

Bitcoin price is trading at nearly $50,000 per coin and on-chain activity is soaring. The recent bull trend and surging interest surrounding the cryptocurrency has allowed miners to surpass over $50 million in revenue in a single day generated. Here’s how rising Bitcoin prices combined with spiking transaction fees have made mining BTC a particularly lucrative venture. Daily... Read more

Ethereum Debuts On CME To $55M In Futures Open Interest

Ethereum Debuts On CME To $55M In Futures Open Interest

Ethereum price is trading at just below $1,800 per token after following Bitcoin’s upward trajectory to new all-time highs. Part of the buzz and momentum was generated by the introduction of Ether Futures trading on the Chicago Mercantile Exchange, also known as CME Group. During the altcoin’s debut week, Futures open interest reached a grand total of... Read more

Bitcoin Blasts Past $50,000 as MicroStrategy Plans $600M Capital Injection

Bitcoin Blasts Past $50,000 as MicroStrategy Plans $600M Capital Injection

Bitcoin briefly surged above $50,000 on Tuesday after MicroStrategy announced that it would offer $600 million worth of convertible senior unsecured notes expiring on February 15, 2027, to purchase more of the flagship cryptocurrency. “MicroStrategy also expects to grant to the initial purchasers of the notes an option to purchase, within a 13-day period beginning... Read more

Bitcoin Hits $50,000 For the First Time in History—And Then Dumps

Bitcoin Hits $50,000 For the First Time in History—And Then Dumps

The cost to purchase one Bitcoin surpassed $50,000 per token for the first time in history. Traders pumped the flagship cryptocurrency towards a new record high of $50,645 ahead of the New York opening bell on Tuesday. Their upside bias took cues from a sequence of optimistic events that happened last week, ranging from Tesla’s $1.5bn... Read more

Cosmos (ATOM) Jumps 36% WTD: What’s Driving Its Price Rally?

Cosmos (ATOM) Jumps 36% WTD: What’s Driving Its Price Rally?

ATOM rallied by up to 36 percent on a week-to-date timeframe as traders assessed the prospects of a major technological update on its parent blockchain Cosmos on February 18. Dubbed as “Stargate,” the upgrade would enable Cosmos-based chains to connect using the first standardized protocol for inter-blockchain communication. With that said, chains will securely and... Read more

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