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It looks like Zcash could be planning to move to a Proof-of-Stake consensus mechanism in place of its current Proof-of-Work algorithm.Key Takeaways Zcash founder Zooko Wilcox wants to move Zcash to...
On May 12 the price of the biggest cryptocurrency plunged from over $57k to sub-$46k after Tesla (NASDAQ:TSLA) CEO Elon Musk tweeted the company will no longer accept it as payment. The Tesla...
Bitcoin shot higher to 41500/42500 where a high for the day was expected. We topped exactly here throughout the weekend. Shorts worked on the slide to support at 39800/300. Longs here have been...
Long story short, I am still bearish on Bitcoin, despite (or even because of) the recent price recovery.A few important things to note:1. I use Elliott Wave to give a bias. I don't try to identify...
Ripple XRP/USD is still pointing lower for wave (v) of extended wave "v" of C, despite recent bigger correction which looks to be a flat correction within sub wave (iv).So, still be aware of a drop...
Despite the recent market turbulence, Cardano is showing strong support over $1.Key Takeaways Cardano's native token ADA has shown strong support in the $1 to $1.20 range. Investors staking Cardano...
After falling more than 50% below its all-time high, the Bitcoin bulls roared back to life, driving the king of cryptocurrencies back above key technical resistance levels. Here’s our take on...
The purchase will bring Marathon’s total hashpower to approximately 13.3 EH/s.Key Takeaways Marathon Digital has agreed to buy 30,000 Antminer S19j Pros from Bitmain. The purchase will increase...
by HoldenLast week was a wild week in the cryptocurrency market. Sentiment has quickly changed from 50/50 bullish vs. bearish to almost entirely bullish in just the last 10 days. This is indicative of...
Bulls and bears continue to play tug-of-war with varying success. Over the weekend, Bitcoin gave market participants hope for continued gains as it rose to $42,500, but sellers stepped up again,...
Ethereum has achieved its 12th green daily candle in a row. This is the longest run of green daily closes in the asset’s history.Ethereum on a rally Following the recent crypto market reversal,...
NFTs are experiencing a summertime boom.Key Takeaways NFTs are a type of asset that offer provable scarcity and ownership by recording data on a blockchain. Demand for CryptoPunks and other...
Now that BTC has cleared the downtrend resistance at 39k, the first Fibonacci of the spring crash at 42k is being challenged by bulls/defended by bears. Original Post
Wealthfront has added Grayscale Bitcoin Cash Trust (OTC:GBTC) and Grayscale Ethereum Trust (OTC:ETHE) shares to its investment portfolios.Wealthfront will now let customers allocate to...
At time of writing, BTC hadn't made it over resistance line “1,” so the rounding bottom formation was not confirmed. Price, however, was above the internal resistance line “2”...