WWW.BLOCKCAST.CCThe turmoil experienced across crypto markets in 2022 appears to have begun to settle, with price volatility subsiding and token prices across the board starting to stabilize. Established coins, such as UNI, the native token for decentralized exchange Uniswap, are seeing a period of price stability as crypto markets settle down, which is something that […]
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Polygon price (MATIC/USD) has plunged by more than 5% after Polygon Labs, the firm behind the Polygon blockchain announced that it had reduced its workforce by 20%. Polygon earlier last year consolidated multiple business units under Polygon Labs and that is what in part informed the layoffs. According to Polygon Labs’ communication: “Earlier this year, […]
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VeChain (VET/USD) price continued its comeback on Monday as demand for cryptocurrencies continued. The coin surged to a high of $0.032, the highest point since August 2022. It has soared by over 106% from its lowest level in 2022. This rebound is in line with the overall cryptocurrency rally as Bitcoin (BTC/USD) jumped to $25,000 […]
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Today has seen Bitcoin (BTC/USD) cap the weekend’s price surge with another stab at $25,000. It is the third time that the bitcoin price is attempting to break above $25,000 and it is already showing signs of pulling off another 2017. Bitcoin price has seen some parabolic movements since February 13 moving from trading around […]
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Internet Computer price (ICP/USD) has been rising since yesterday after Poloniex, one of the oldest cryptocurrency exchanges, announced its listing. According to the announcement by Poloniex, the exchange listed the ICP token on February 16 and the ICP wallets opened at 05:00 UTC, while full trading was enabled at 07:00 UTC. The wallets allow traders […]
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TrueFi (TRU/USD) has surged by more than 200% since yesterday after Binance announced that it had minted 50 million True USD (TUSD/USD) stablecoins. The move comes days after the US SEC started a regulatory crackdown on Binance USD (BUSD/USD), Binance’s native stablecoin. According to a tweet from Lookonchain, Binance joins the list of TUSD minters […]
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Bitcoin (BTC/USD) price picked up notable momentum on Wednesday as the digital currency hit a new 2023 high. Granted, 2023 is a mere 6 weeks old and the current bull run looks pretty insignificant on the one-year chart. BTC/USD chart by TradingView But I’m not here to ruin the party, rather just trying to gather […]
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The Cosmos (ATOM/USD) price broke down from a rising channel this week as cryptocurrencies reacted to the regulatory crackdown on stablecoins, particularly orders against Paxos to cease issuing the Binance USD (BUSD) stablecoin. ATOM price has not spiked as much as the leading cryptocurrencies like Bitcoin and Ethereum, which on Wednesday, hit levels above $23,000 […]
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Bitcoin (BTC/USD) rose on Wednesday as the crypto market strengthened following the week’s turmoil amid negative regulatory news and uncertainty across stock markets after Tuesday’s US inflation data. According to CoinGecko data, Bitcoin climbed to highs of $22,800 across major exchanges, with the coin at 4% higher at around 8:00 am ET. Are you looking […]
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Ethereum (ETH/USD) price crawled back slightly on Tuesday after the US published stronger-than-expected January inflation figures. The coin jumped to $1,525, which was a few points above the year-to-date low of $1,465. Inflation was higher than expected Ethereum and other risky assets like American stocks drifted higher even after the US released stronger-than-expected inflation numbers. […]
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