ISTANBUL, TURKEY – APRIL 16: A Bitcoin sign is seen at the entrance of a cryptocurrency exchange … [+] office on April 16, 2021 in Istanbul, Turkey. Turkey’s Central Bank announced a ban on the use of cryptocurrencies and crypto assets for purchases, directly or indirectly to pay for goods or services. The announcement comes as Turkey’s crypto market has boomed over the past few years. As the Turkish Lira has slumped, many people have looked to cryptocurrencies to shelter against… Source link

Text size The price for Bitcoin tumbled as investors grew concerned about a proposed capital-gains tax increase. Dreamstime Prices for Bitcoin are rising as another Wall Street bank appears to be readying an actively managed crypto fund for its private-wealth clients. JPMorgan Chase (ticker:… Source link

Ethereum (CRYPTO:ETH) held support at the important $1,950 level. It was apparent that there would be support at this level because it had previously been a resistance level. The low trade on April was right at $1,950. Since then, it has been trending higher. Now ETH has hit resistance at the $2,500 again, which is where peaked on April 15 before it sold off. Resistance is a large group of sellers all trying to get the same price. In this case, it’s $2,500…. Source link

Satoshi Nakamoto (artist rendering) Tommy Marcheschi On April 26, 2011, Bitcoin creator Satoshi Nakamoto sent his final emails to fellow developers in which he made clear he had “moved on to other projects,” at the time handing over a cryptographic key he had used to send network-wide alerts. Flash forward to 2021 and the Bitcoin story is, in many ways, still just beginning. With the price reaching new highs above $60,000, there is increasing recognition of Nakamoto’s… Source link

Cardano founder Charles Hoskinson Charles Hoskinson By nature of his background as a mathematician by trade, as well as his history as one of the co-founders of Ethereum, Cardano founder Charles Hoskinson is uniquely positioned to understand the importance and interplay between theory and application when it comes to blockchain development. Finding the right balance between these two disciplines is very difficult, yet critical to achieving mainstream adoption of crypto. Whichever… Source link

The Ethereum price has bounced back after crashing by more than 20% a week ago. ETH is trading at $2,457, which is just 7% below its all-time high of $2,647. Its market cap has bounced back to more than $284 billion while its 24-hour volume has increased to more than $40 billion.  What happened: Last week, the price of Ethereum and other digital currencies dropped sharply as investors waited for the next major catalyst. That’s after the previous catalyst, the… Source link

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Elon Musk, the meme-happy Telsa billionaire who has helped bitcoin reach a $1 trillion market capitalization this year, continues to tease the cryptocurrency market. The bitcoin price, after doubling through the first three months of the year, has struggled in April—losing over 10% of its value amid multiple warnings the “frothy” cryptocurrency market could be headed for a “major” correction. With Tesla set to release its first set of results since adding $1.5 billion worth of bitcoin… Source link

Bitcoin’s volatility has been moving in a downward direction, and the price of the currency seems fixed in a band between $50,000 and $60,000. Is the current market for bitcoin a temporary lull between lurches? Or is it a long-term trend toward lower volatility that could change the way bitcoin is perceived? The answer is, it’s too early to tell. The chart above shows bitcoin’s volatility has been on a steady decline. (Ether and the S&P 500 are included as references.) However, it’s… Source link

While some altcoins were trying to find stable ground, a few had already recovered from the volatile market. As Cardano’s [ADA] price moves cautiously, Monero [XMR] and Crypto.com [CRO] had witnessed growth. Source: CoinStats Meanwhile, Bitcoin continued to trade around $49,834 and has seen a 24-hour price change of +0.97 percent. Cardano [ADA] Source: ADAUSD on TradingView The above chart of Cardano [ADA] was indicating that after a visible slump in price, the value has not really… Source link