This week on The Market Report, Cointelegraph analyst and writer Marcel Pechman discusses Bitcoin (BTC) breaking through the $30,000 mark, setting a new high for 2023. He also covers Tether blacklisting a validator and whether Ethereum’s latest upgrade could bring institutional investors to Ethereum. Bitcoin hits $30K to mark highest price since June 2022 Bitcoin has hit price highs not seen […]

After a rollercoaster ride for the cryptocurrency market in the past year, the International Monetary Fund (IMF) has set its sights on stablecoin issuers and major crypto conglomerates, intensifying scrutiny and regulation in the rapidly evolving digital asset space. IMF Calls For Crypto Regulation After Collapse Of Exchanges  The International Monetary Fund (IMF) has cited the downfall of FTX and […]

Over the past 24 hours, the Shiba Inu community destroyed over 100 million SHIB by sending the tokens to Shiba Inu’s dead wallet, a token-burning mechanism that crypto protocols use to control the number of circulating tokens in the market. SHIB Tokens Burned Through Ten Different Transactions According to a Shibburn report, the Shiba Inu Army has collectively destroyed 111,173,988 […]

On Apr. 11, American Bitcoin (BTC) miner CleanSpark announced that it purchased 45,000 Antminer S19 XP application-specific integrated circuit (ASIC) mining rigs for $144.9 million. CleanSpark says all units will be ready for delivery by Antminer before the end of September. The purchase is expected to add 6.3 exahash per second (EH/s) of mining power to its rig, which currently […]

Chinese e-commerce giant enters the global artificial intelligence (AI) race with its own version of a chatbot assistant. Alibaba announced the rollout of the ChatGPT-like product in the “near future.” According to a BBC report from April 11, the new product will be called Tongyi Qianwen, which translates to English as “seeking an answer by asking a thousand questions.“ The […]

The price of Polygon (MATIC) has leveled off since its March 9 decline. Currently, the asset is worth between $1 and $1.20 in cryptocurrencies. Long-term forecast of the price of Polygon: fluctuation range At the time of writing, MATIC is trading for $1.12. Beyond that, the moving average lines are a trap. Polygon is on its way up to retest […]

Cardano price is rising above $0.3850 against the US Dollar, similar to Bitcoin. ADA price could rally if there is a clear move above the $0.420 resistance. Cardano Price Analysis This week, Cardano price started a steady increase above the $0.365 resistance zone against the US Dollar. The ADA/USD pair gained pace for a move above the $0.380 and $0.388 […]

Stacks, the blockchain platform that promises to bring smart contracts to Bitcoin, has outperformed most altcoins in the top 50 roster in the market today. While other cryptocurrencies struggled to make significant gains yesterday, the tables have turned today as Stacks’ native token rises to new heights.  This spike in value has left many investors wondering if Stacks is poised […]

Ethereum price failed to clear the $1,925 resistance zone against the US Dollar. ETH is struggling to test $2,000 while Bitcoin gained pace and rallied above $30,000. Ethereum attempted a fresh increase but struggled above the $1,925 zone. The price is trading above $1,850 and the 100-hourly Simple Moving Average. There was a break above a bullish pattern with resistance […]