Bitcoin faces $100K test: Bull trap or 'bonafide' BTC price breakout?

The total crypto market capitalization reached the important milestone of $2 trillion on April 5. As cryptocurrencies increase in value, they are likely to attract further investments from institutional investors because they can no longer afford to neglect it. Less than three months ago, the crypto market had reached the $1 trillion in market cap for…

Axie Infinity turned its game into a billion-dollar economy that helped thousands of players in the Philippines and other low-income countries to weather the fallout from pandemic mitigation measures. The main ingredient for success: strong property rights. Players can take in-game material out of the game and trade on third-party marketplaces like OpenSea. The freedom to…

The Spanish-speaking world has seen another week of major cryptocurrency and blockchain developments with the Mexican government announcing a new alliance to support the development of blockchain initiatives.Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph en Español.Mexican government announces an alliance to support local blockchain developmentOn…

A United States federal judge has preserved the Securities and Exchange Commission’s (SEC) move to strike Telegram’s “void for vagueness/lack of notice” defense.According to a letter dated Nov. 25, the SEC moved to strike Telegram’s proposed defense as being insufficient under federal law. On Nov. 26, Judge P. Kevin Castel ordered the motion to be…

Data from a recent report suggest that enforcement actions from U.S. regulators against those in the crypto space cost those firms less than 1% of that in traditional finance for the last 20 years. 622 Total views 12 Total shares While regulators have often targeted projects in and out of the crypto space, the fines…

Bitcoin (BTC) price had been acting inside a narrow range for the last few weeks but the momentum and trend shifted as a bullish breakout occurred on the announcement that Square had allocated 1% of its cash reserves to BTC.This bullish breakout even caused the price to rally from $10,600 to $11,500, which is almost…

The team had previously announced the move, but had not revealed the cash deal. 267 Total views 2 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTThe team behind y00ts and DeGods were paid $3m to move their collections off Solana and onto Polygon, according to a January 6 announcement from the…

The price of ETH, the native cryptocurrency of Ethereum, achieved a record-high on CME launching dedicated futures. 287 Total views 4 Total shares The price of Ether (ETH), the native cryptocurrency of Ethereum, achieved a new all-time high on Feb. 9, 2021. On Binance, ETH rallied to as high as $1,830 merely hours after it…

Bitcoin (BTC) briefly fell back below $7,200 on Dec. 14 as bearish sentiment continued to pervade cryptocurrency markets.Cryptocurrency market daily overview. Source: Coin360Bollinger: Bitcoin preparing for next breakoutData from Coin360 showed BTC/USD hit a sharp downturn on Saturday, losing around $70 in a matter of minutes and abandoning ground gained on Friday. Over the past 24…