How to Track and Stay Updated with Cryptocurrency News

Cryptocurrency is a young market and, as such, very fast-moving. If we exclude the phenomenon of stablecoins, the prices of cryptocurrencies change continuously, with sometimes very high volatility. Since a volatile investment is, by definition, a risky operation, traders usually look for ways to reduce the possibility of incurring significant money losses. In this context, it is vital to stay up to date with market events, even if this can be complex. As seen in the past, a single tweet…

US Lawmakers Uphold Proposed Crypto Tax Rules in Huge Blow to the Industry

Crypto industry advocates faced a significant setback on Aug 24 as the US House Rules Committee blocked attempts to reverse the controversial crypto tax provisions. The rules add to Biden's $1 trillion infrastructure plan despite facing pushback from some lobbyists. House Speaker Nancy Pelosi has now decided to take the bill to the floor for a vote by Sep 27. The committee doesn't want any compromising alterations to the stringent crypto tax rules. Crypto proponents oppose the passing of the…

What to Look for in Crypto News When Predicting Crypto Prices

The cryptocurrency world has been gathering speed at a breathtaking pace. The total market cap pushed past $2 trillion on the 5th of April, having doubled in worth in just about 2 months! Such huge value gains attract new investors by the masses, aiming for a slice of the pie. So what better way to assure one's invested sum grows than knowing how to predict prices? Crypto news sites are buzzing with every tit-bit of crypto news out there. There…

WMA: Bitcoin sales increase after multi-week gains as most altcoins remain stable

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $368 billion. Bitcoin loses 4% over the week as a result of increasing sales. Ethereum loses more than 6% throughout the week but recovers slightly on the weekend. XRP gets back over $0.27 on the weekend after losing 10% during the week There is no stopping for the DeFi craze, which now has reached…

WMA: BTC pushing to break past $12k while ETH surges well above $400

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $369 billion. Bitcoin continues to trade just a little under $12,000 Ethereum equals 2018 and 2019 highs after reaching $438 XRP drops below the $0.28 support but regains 6% towards the weekend Chainlink continues to surge with another impressive 70% increase. Crypto Trends 10th - 16th of August 2020: PERFORMANCE & ANALYSIS The cryptocurrency…

WMA: Bitcoin finally rises above $10k in a Sunday liquidation boost

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $300 billion Bitcoin liquidated $74 million-worth of smarts to surge as high as $10,272 Ethereum price explodes over the $300 barrier and setting new records for 2020 XRP increases by more than 5% to trade at $0.22 The total funds locked in Decentralized Finance (DeFi) projects reaches $4 billion Crypto Trends 20th - 26th…

WMA: Bitcoin continues its beauty sleep through historical Twitter hack

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $270 billion. Bitcoin sways between $9,000 and $9,300 on a neutral trajectory Ethereum drops by more than 2% and fails to overcome the $250 barrier. XRP drops below $0.20, but it bounces back to trade in green on the weekend A historical hacking of Twitter sees some of the world’s most popular accounts “ask”…

WMA: Bitcoin’s uptrend is stalling as hodling reaches historic high

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $259 billion. Bitcoin moves sideways for most of the week and remains safe above the $9,000 level. Ethereum lost almost 2% of its value throughout the week. XRP continues to fluctuate slightly around the $0.175 level TRON makes the headlines with new DeFi products and ATM availability in South Korea Crypto Trends 29th of…

WMA: Bitcoin stabilizes above $9,000 as altcoins lose small value chunks

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary ● The Crypto Market ends the week at a total market capitalization of $266 billion. ● Bitcoin keeps trading above $9,000, with very few fluctuations. ● Ethereum decreased by 2.3% as it hovers above the $230 mark. ● XRP continues its downtrend as it drops below $0.19 ● The NASDAQ Composite index continues to trade around the all-time high that it hit on June 10th Crypto…

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