Marquez Comelab explores what money and the different forms it had taken in the past for us to consider whether Bitcoin can be used as currency. What did you think of Bitcoin when you first heard about it? Many people immediately think of Bitcoin as something being claimed as money or digital currency. Unavoidably then, conversations about Bitcoin almost always […]

Key Takeaways The U.S. Treasury is pushing for new crypto reporting, requiring U.S. exchanges to share data on non-U.S. customers. The Biden administration wants to exchange this data for information on U.S. residents’ crypto accounts in other countries. The new proposal comes only weeks after the Senate approved new tax reporting requirements for crypto brokers in the $1 trillion Infrastructure […]

Nowadays, gamers are now turning their every winning streak into investments, another reason why NFTs are so in demand in the market even for younger ones. It tends to bring them the sense of appreciating the game through winning and earning without risking oneself to go out during these trying times. NFT has innovated the way these individuals how to […]

Cardano price is showing positive signs above $2.60 against the US Dollar, similar to bitcoin. ADA price must stay above $2.50 to continue higher in the near term. Cardano Price Analysis After a close above the $2.20 level, cardano price started another increase against the US Dollar. The ADA/USD pair broke the $2.70 resistance to move further into a positive […]

Ethereum price is showing bearish signs below $3,250 against the US Dollar. ETH/USD must stay above the $3,150 support to continue higher in the near term. Ethereum Price Analysis In the past few days, ethereum made a couple of attempts to gain strength above $3,350 against the US Dollar. ETH price failed to gain pace above $3,350 and corrected lower. […]

Institutional inflows to altcoin investment products have continued to increase this past week, but the same cannot be said for Bitcoin. In its Digital Asset Fund Flows Weekly report on Aug. 30, institutional asset manager CoinShares identified overall inflows of $24 million to altcoin-based investment products. The capital flows mark the second consecutive week of inflows to altcoin funds, with […]

Bitcoin price failed to surpass the $49,000 resistance against the US Dollar. BTC is sliding and it could even break the $46,500 support zone. Bitcoin is slowly moving lower from the $49,000 resistance zone. The price is now trading well below $48,000 and the 100 hourly simple moving average. There was a break below a key declining channel with support […]

PeckShield reported through a tweet of the new hack on Cream Finance. The blockchain security company said a flash loan attack on the decentralized finance lending and borrowing protocol. #FlashLoanAlert https://t.co/JPW7e368qd — PeckShield Inc. (@peckshield) August 30, 2021 PeckShield explained that the hacking came through a 500 Ethereum flash loan from the attacker. This was used to infiltrate a reentrancy […]

There is a before and after in one particular Bitcoin indicator that could be signaling bearish price action in the short term. As stated by many experts, the current bullish momentum can only be supported by strong demand, otherwise, BTC’s price could move sideways or risk returning to its former range below $40,000. If anything has me concerned it's this. […]