Bitcoin, Ethereum Technical Analysis: BTC Edges Lower, as US Manufacturing Sector Contracts

Bitcoin fell into the red on March 2, as markets reacted to further negative data from the United States. The nation’s manufacturing sector contracted for a fourth straight month in February, which comes as consumer confidence also fell last month. Ethereum was also lower, retreating from yesterday’s high. Bitcoin Bitcoin (BTC) fell lower in today’s … Read more

Crypto Economy Swelled 80,466% Since 2013, Despite $1.5 Trillion Loss in 2022 Downturn

Nine years and nine months ago, on May 9, 2013, coinmarketcap.com recorded 14 cryptocurrency assets, and bitcoin’s overall valuation was $1.24 billion, with 11.13 million bitcoins in circulation at the time. Today, the same website indicates that there are 22,709 crypto assets. Additionally, the market capitalization of the crypto economy has grown significantly, increasing by … Read more

Bitcoin, Ethereum Technical Analysis: BTC Rebounds, Following Decline in US Consumer Confidence 

Bitcoin rebounded on March 1, as markets reacted to the latest consumer confidence report from the United States. Confidence slipped last month, which appears to be a sign that higher rates are starting to take effect. Ethereum also moved higher on Wednesday, as prices moved above $1.650. Bitcoin Bitcoin (BTC) rebounded on Wednesday, which comes … Read more

Bitcoin, Ethereum Technical Analysis: BTC, ETH Slip Ahead of US Consumer Confidence Report

Bitcoin and ethereum were trading lower on Feb. 28, as markets anticipated the release of the upcoming U.S. consumer confidence report. The data, which is for February, is expected to show a slight increase in confidence for the month. This will likely result in the Federal Reserve maintaining its rate hike policy next month. Bitcoin … Read more

Biggest Movers: SHIB, LTC Marginally Higher During Volatile Start to the Week

Shiba inu started the week trading marginally higher, despite cryptocurrencies mostly consolidating on Feb. 27. At the time of writing, the global market cap is currently up 0.83%, as volatility has intensified. Litecoin also rebounded on Monday, hitting a four-day high. Shiba Inu (SHIB) Shiba inu (SHIB) continued to move away from a recent support … Read more

Bitcoin, Ethereum Technical Analysis: BTC Consolidates Ahead of Big Week of Economic Data

Bitcoin consolidated below the $24,000 level on Feb. 27, as cryptocurrency markets prepared for a big week of economic data. Durable goods orders from the United States will be released later today, with consumer confidence figures set for Tuesday. Ethereum rose back above $1,600, following a breakout on Sunday. Bitcoin Bitcoin (BTC) has largely been … Read more

Russian Darknet Markets, Ransomware Groups Thrive Despite Sanctions, Report

Russian marketplaces on the dark web have continued to operate despite Western sanctions and efforts to shut them down, according to a report accessing the illicit blockchain space amid the world’s “first crypto war.” Ransomware actors and high-risk crypto exchanges have also remained active. Underground Russian Crypto Platforms Adapting to Disruptions Caused by Ukraine War … Read more