Bitcoin must ‘clear resistance’ at $62K to avoid another ‘Black Monday’

Bitcoin (BTC) remains pinned below the psychologically crucial level of $30,000 as cryptocurrency investors search for positive triggers. That has not stopped business intelligence firm MicroStrategy from adding 1,045 Bitcoin to its kitty, which has now swelled to 140,000 Bitcoin.Even after the sharp recovery from November 2022 low, monitoring resource Material Indicators believes the current…

Retail users have flocked to cryptocurrencies in 2021, with Robinhood reporting an increase in new monthly crypto traders of 15 times last year's average. 720 Total views 7 Total shares Retail-focused trading app Robinhood has revealed the number of new monthly customers buying from its crypto platform this year is 15 times the 2020 average.According…

Charles Hoskinson has announced the roadmap for the Shelley protocol upgrade for the Cardano network. The price of Cardano (ADA) has increased 60% in the week following Cardano co-founder Charles Hoskinson revealing the roadmap for the Shelley upgrade in a YouTube podcast with Lark Davis, aka Cryptolark. Shelley will see the network upgraded from a centralized…

The landscape of web development has undergone a profound transformation with the emergence of Web3 technologies. As blockchain and decentralized applications (DApps) gain momentum, developers are embracing this new paradigm to create a more open, secure and user-centric internet. This article will embark on a journey of learning Web3 development with the assistance of ChatGPT,…

The post-COVID-19 era has brought the issue of inflation to the forefront, leading to increasing interest within the Web3 space for creating flatcoins, a close “cousin” of stablecoins designed to mitigate inflation risk.Many existing flatcoins, like Terra’s TerraUSD (UST) stablecoin, are algorithmically backed and therefore serve as a stark reminder of the risks associated with…

Binance is aggressively pushing its new crypto debit card. The world’s largest exchange, Binance, has officially announced that its cryptocurrency debit card is now available in Europe.According to a Tuesday blog post, the Binance Visa Card is now available to everyone in European Economic Area, or EEA, countries.To celebrate the launch in Europe, Binance is offering…

Ethereum network volumes have soared, but a single decentralized application accounted for 59.5% of the entire network’s volume.

Sumitomo Mitsui has partnered with Securitize to launch Japan’s first security token that complies with the country’s Financial Instruments and Exchange Act. 2784 Total views 18 Total shares Japan-based bank Sumitomo Mitsui Trust Bank, or SMTB, has launched its first asset-backed securities token in partnership with Securitize on March 29. The instrument is the first…

The Texas State Securities Board has successfully shut down the operations of an illegal cryptocurrency investment scheme. 729 Total views 21 Total shares The Texas State Securities Board has shut down the activities of a South African multi-level marketing scheme involving cryptocurrency investments in the state.In a recent statement, Securities Commissioner Travis J. Iles said…