Altcoin boom pushes crypto market beyond $2 trillion

Cardano, Doge and XRP celebrate high double-digit gains as confidence returns to market The total value of the cryptoasset market has once again risen above $2 trillion, as altcoins including Cardano and XRP race to reclaim all-time highs. This bullish price action comes in defiance of negative headlines. The Senate passed the infrastructure bill on Tuesday without changing the requirements forContinue reading “Altcoin boom pushes crypto market beyond $2 trillion”

Bitcoin taps $40K to finish July on bullish note

Bitcoin has jumped 7% over the past week, finishing July with a bullish flourish that could signal the end of a multi-month decline. Across the market, cryptoassets are flashing double-digit weekly returns. Ethereum has doubled Bitcoin’s gains by adding 14% ahead of the EIP-1559 upgrade en route to Ethereum 2.0, XRP has risen 15% on freshly signed partnerships, and the release of a newContinue reading “Bitcoin taps $40K to finish July on bullish note”

Bitcoin falls 15% on inflation bombshell

Crypto sinks with stocks as the Fed acknowledges inflation Bitcoin has fallen 15% over the last week as the market weighs the impact of big shifts in the crypto ecosystem and broader macro environment. On Wednesday, Fed chairman Jerome Powell acknowledged rising inflation, and responded by bringing forward the timing of the next interest rate hike toContinue reading “Bitcoin falls 15% on inflation bombshell”

Bitcoin falls to $35K on warning of China crackdown

Altcoins suffer double-digit losses in marketwide meltdown Anxiety has washed over the crypto market, with cascades of selling push prices down to the same levels as before Tesla announced its Bitcoin treasury allocation. Tweets from Tesla CEO Elon Musk have been widely blamed for giving the market jitters, which turned to full-blown fear as China called for a crackdown on Bitcoin mining andContinue reading “Bitcoin falls to $35K on warning of China crackdown”

Altcoins explode as Ethereum smashes $3K

Bitcoin slows as Ethereum hits record highs beyond $3K As the crypto market races back towards all-time highs, Ethereum is shooting ahead. The second-largest crypto has gained over 20% to top $3K for the first time. Close behind, the altcoin market has been supercharged by Ethereum’s strength. Chainlink, XRP, and BNB are surging with double-digit weekly gains, and Uniswap has jumped 17% aheadContinue reading “Altcoins explode as Ethereum smashes $3K”

What is Cryptocurrency? A Beginner’s Guide

You have heard about it on the news or from a friend, but what exactly is cryptocurrency? Don’t feel down if you don’t yet have a firm grasp on this new asset class. Cryptocurrencies can be difficult to understand if you don’t know the basics. To give you a better understanding of what cryptocurrency isContinue reading “What is Cryptocurrency? A Beginner’s Guide”

What is Ethereum? – A Beginner’s Guide

Have you heard a little about Ethereum, but want to learn more? With our Beginner’s Guide to Ethereum, you can gain valuable knowledge as you consider making your first purchase of one of the world’s top cryptocurrencies. What is Ethereum? Ethereum is an open-source software platform that developers can use to create cryptocurrencies and otherContinue reading “What is Ethereum? – A Beginner’s Guide”

Bitcoin bounces towards all-time highs

Traders quickly buy the bitcoin dip, pushing prices back to $19K Following a brief pullback to $17.5K, the dip was greedily eaten up over the weekend, pushing Bitcoin back towards all-time highs above $19K. This resurgence was supported by big players from traditional finance, who are increasingly throwing their weight behind Bitcoin. Insurance fund MassMutual announcedContinue reading “Bitcoin bounces towards all-time highs”

Dow closes above 30,000 for the first time ever

On Tuesday, the 124-year old Dow Jones Industrial Average closed above the 30,000 point mark for the first time in its history, almost four years after it first crossed the 20,000 mark. The Dow is now up more than 60% since its low in March, and surged through 30,000 with a 1.5% daily gain onContinue reading “Dow closes above 30,000 for the first time ever”

Tesla nears $500bn market cap as markets rally on Trump power transfer

European markets have maintained yesterday’s momentum with news of easing lockdowns in the UK and France adding to the optimism.  The FTSE is up 0.5%, the Dax up 0.4% and the Dow Jones leading way in the US futures market up 1%. Markets around the world rose on Monday and overnight as further vaccine news,Continue reading “Tesla nears $500bn market cap as markets rally on Trump power transfer”

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