by Analytics Insight February 27, 2022 The recent launch of the Bitgert BRC20 blockchain is one of the major factors driving Bitgert price. The Ethereum price dropped by 15% during the recent market crash, which also made the likes of Bitcoin trade below $40k again in 2022. The plunge affected almost all cryptocurrencies, but some managed to not only withstand the market forces but boomed. Bitgert skyrocketed 60% in the past 7 days, a time when the entire cryptocurrency industry was… Source link

U.S. Senator Ted Cruz says one of the reasons he is so bullish on bitcoin is because it is decentralized and not controllable. He added that “China recently banned bitcoin because they can’t control it, which is the exact same reason Elizabeth Warren hates bitcoin.” US Senator Bullish on Bitcoin U.S. Senator Ted Cruz from Texas spoke favorably about bitcoin at the Conservative Political Action Conference (CPAC) Thursday. Launched in 1974, CPAC “is the largest and most… Source link

What happened This week has been a rather historic one, with the Russian invasion of Ukraine putting investors on edge. This invasion has impacts that span far beyond financial markets. However, looking at how cryptocurrencies reacted to this news, this asset class is clearly one that investors don’t feel comfortable holding through times of high uncertainty.  That said, Ethereum (CRYPTO:ETH) and two layer-2 Ethereum scaling networks Polkadot (

Meanwhile, Christoph, Simon, Buterin and the others hopped on Skype calls and created a few Skype groups with all the old faces — Karapetsas, Vitalik, Gavin [Wood], Aeron Buchanan, Péter Szilágyi, Christian Reitwießner, Alex Van de Sande, Taylor Gerring, Fabian Vogelsteller and so on. They tried to discern the method of attack to be able to counterattack and recover the coins. Source link

Bitcoin (BTC) began a nervous weekend at around $39,000 on Feb. 26 after an overnight spike briefly saw $40,000 return. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks gains but crypto “fear” pervades Data from Cointelegraph Markets Pro and TradingView revealed calmer conditions for BTC/USD Saturday after overnight volatility saw highs of $40,330 on Bitstamp. With traditional markets closed, the probability of “fakeout” moves up or down was elevated thanks to thinner weekend… Source link

Bitcoin and other cryptocurrencies have made it easier than ever to move money around the world without the help of traditional banks, but that doesn’t mean they’ll do much to help Russia sidestep international sanctions.  Experts in money laundering on Friday said that it would not be realistic for Russia to switch to cryptocurrencies on a large scale to move money across borders, even if it might work for smuggling small amounts into or out of the country.  Russia may still try to… Source link

Ether (ETH) reached a $3,280 local high on Feb. 10, marking a 51.5% recovery from the $2,160 cycle low on Jan. 24. That price was the lowest in six months, and it partially explains why derivatives traders’ main sentiment gauge plummeted to bearish levels. Ether’s futures contract annualized premium, or basis, reached 2.5% on Feb. 25, reflecting bearishness despite the 11% rally to $2,700. The worsening conditions depict investors’ doubts regarding the Ethereum network’s shift to a… Source link

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Litecoin completes two powerful Point and Figure patterns simultaneously. A substantial spike higher and a return to a bull market is increasingly probable. Downside risks, however, do exist. Litecoin price presents a buying opportunity before its next major push. The combination of the two bullish reversal patterns suggests that it may be on track to exceed the $125 value area on a confirmed break. Litecoin price confirms two bullish entry patterns in its Point… Source link

Bitcoin (BTC) price traded down 23% in the eight days following its failure to break the $45,000 resistance on Feb. 16. The $34,300 bottom on Feb. 24 happened right after the Russian-Ukraine conflict escalated, triggering a sharp sell-off in risk assets. While Bitcoin reached its lowest level in 30 days, Asian stocks were also adjusting to the worsening conditions, a fact evidenced by Hong Kong’s Hang Seng index dropping 3.5% and the Nikkei also reached a 15-month low. Bitcoin/USD at FTX…. Source link