Bitcoin, Ethereum Technical Analysis: ETH Moves Towards $1,700, BTC Largely Unchanged

Bitcoin Bitcoin ( BitcoinTC) traded above $21,000 on Wednesday, as markets consolidated following recent declines. However, prices have been trading higher in the past two days despite falling to $20,955.14 on Monday. Bitcoin reached an intraday peak of $21,646.20 on Wednesday, just slightly above its current resistance level of $21,600. After the short breakout of the […]

Fedi’s ‘Federated Wallet’ Could Bring Bitcoin to Billions

One of the problems in making bitcoin ( BTC ) a worldwide currency is the difficulty that underdeveloped countries have to access hardware. Fedi’s new radical proposal for bitcoin custody could enable billions to participate in the international community at a very low cost. This is a problem that bitcoin has to deal with: A decentralized, revolutionary currency, […]

Someone Lost $6.5M Trying to Claim $2K of ‘Free’ Crypto

The most confusing aspect of crypto is airdrops. These tokens are often referred to as free money and are awarded to crypto traders who meet certain criteria. These amounts can be huge. For every ape NFT they had , Bored Ape Yacht Club owners received an April cryptocurrency airdrop of around $100,000. Airdrops that sound too good be true sometimes are […]

Uzbekistan Presents Registration Requirements for Cryptocurrency Miners

According to the draft decree of Uzbekistan’s National Agency for Perspective Projects, cryptocurrency mining entities will have to renew and register their certificates every year. NAPP, the country’s principal crypto watchdog is directly under the administration of President Shavkat Miyoyev. The document was recently published for public comments that will continue through July 9, and has already received […]

Bitcoin plunges toward $20,000 as crypto meltdown continues

The sell-off in cryptocurrencies deepened even further on Wednesday, with bitcoin sinking very close to the key level of $20,000. The price of bitcoin plunged 9% in 24 hours to around $20,208, according to data from Coin Metrics. The world’s largest digital currency is down more than 70% since the peak of the crypto craze in November […]