Market updates

Bitcoin, Ethereum Technical Analysis: BTC, ETH Hover at Key Support Levels to Start Week

Coins Legend July 4, 2022 0

Bitcoin continues to hover below $20,000 to start the week, as U.S. markets were mainly closed due to the Independence Day celebrations. This past weekend’s volatility carried forward into Monday’s session, with ETH remaining close to a breakout below $1,000. Bitcoin Bitcoin started the week in

Altcoins

Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month Low

Coins Legend July 3, 2022 0

On Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday have been as low as 32 gwei or $0.69 per transfer as Ethereum gas fees have been steadily dropping since May 11, 2022. Ethereum Fees […]

Market updates

Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to $18,800 Support Level on Saturday

Coins Legend July 2, 2022 0

Bitcoin moved closer to its long-term support level of $18,800 to start the weekend, as prices of cryptocurrencies were once again lower. While bitcoin has now fallen for seven straight sessions, ethereum also saw similar declines, and as of writing is down 2.40% from yesterday’s high. Bitcoin The world’s largest cryptocurrency by market capitalization bitcoin […]

Market updates

Bitcoin, Ethereum Technical Analysis: BTC Rebounds on Friday, Following a Drop Below $19,000

Coins Legend July 1, 2022 0

Following a move below $19,000 on Thursday, BTC was able to rise above $20,000 during today’s trading session. ETH also was able to remain above $1,000, following an attempt by bears to push price under this level during yesterday’s session. Bitcoin Bitcoin was trading marginally higher on Friday, as markets rebounded following a bearish session […]

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Risk of ‘Significant Drawdowns’ Pushes Cypherpunk Holdings to Sell Entire Stash of Bitcoin and Ethereum

Coins Legend June 30, 2022 0

On Tuesday, the Canada-based investment firm Cypherpunk Holdings Inc. announced that the company has sold all of its bitcoin and ethereum due to the “risk of further significant drawdowns.” The company has transitioned its treasury to cash after selling 214.72 bitcoin and 205.82 ethereum as Cypherpunk Holdings continues “to see systemic risks propagating” across the […]

Market updates

Bitcoin, Ethereum Technical Analysis: BTC Falls Below $20,000 as U.S. Consumer Confidence Plunges 

Coins Legend June 29, 2022 0

Bitcoin fell below $20,000 during Wednesday’s session, as markets reacted to yesterday’s weaker-than-expected consumer confidence report. The expectation for economic growth also fell to a nine-year low. This resulted in ETH also dropping, with prices hitting a six-day low. Bitcoin The world’s largest cryptocurrency fell below $20,000 on hump day, as traders reacted to

Market updates

While Bitcoin and Ethereum Dominance Slides, Stablecoin Market Caps Reap the Rewards

Coins Legend June 28, 2022 0

During the past 30 days, $285 billion has left the crypto economy and bitcoin’s USD value hit a 2022 low at $17,593 per unit on June 18. Moreover, last month’s statistics show bitcoin’s market dominance was 2.9% higher and ethereum’s market dominance was 2.1% higher than it is today. Bitcoin and Ethereum Dominance Has Dropped […]

Market updates

Bitcoin, Ethereum Technical Analysis: ETH Remains Above $1,200, Despite Market Volatility Increasing

Coins Legend June 28, 2022 0

ETH has managed to remain above the $1,200 level on Tuesday, despite an increase in price uncertainty in crypto markets. BTC fell below $21,000 in today’s session, as the global crypto market cap fell by as much as 2% earlier today. Bitcoin Following a marginally bearish start to the week, downward pressure intensified in today’s […]

Market updates

Bitcoin, Ethereum Technical Analysis: BTC, ETH Lower, as Both Run Into Strong Resistance

Coins Legend June 27, 2022 0

Bitcoin remained close to a ten-day high on Monday, as prices consolidated following gains from the weekend. Although ETH was lower to start the week, it was also able to remain close to Sunday’s peak around the $1,280 level. Bitcoin BTC was consolidating during today’s trading session, as bulls appear to have secured some profits […]

News

Pocket Network Advances Its Multichain Strategy With Latest Milestone

Coins Legend June 27, 2022 0

PRESS RELEASE. TAMPA, Fla., June 27, 2022 / — Pocket Network, an infrastructure middleware protocol which facilitates decentralized multichain blockchain access to developer applications in Web3, including Ethereum, Polygon, Gnosis Chain, Avalanche, Solana, Fuse, Fantom and Near, recently marked a significant milestone in its multichain strategy with 50 supported