Cardano Is Under Significant Buying Pressure

Key Takeaways Cardano appears to have found a strong foothold at $1. Meanwhile, investors have been adding to their ADA holdings. If the buying pressure persists, ADA could rise toward $1.60. Share... Read more »

Bitcoin price closes in on $40K, but pro traders are still skeptical

The Bitcoin (BTC) daily price chart seems to be making a steady recovery pattern, but some concerning indicators are coming from derivatives markets. At the moment, the futures and options markets are... Read more »

MicroStrategy buys the dip, adding 660 more BTC to its reserve

In its first major purchase of the year, MicroStrategy added 660 additional BTC to its reserves, which currently holds over 125,000 BTC. MicroStrategy’s doubles down on Bitcoin following conference announcement According to... Read more »

India Proposes 30% Tax on Crypto Income — Finance Minister Cites ‘Phenomenal Increase’ in Crypto Transactions

The Indian government has proposed taxing income from cryptocurrencies and other digital assets at 30%. India’s finance minister, Nirmala Sitharaman, said: “There’s been a phenomenal increase in transaction in virtual digital assets... Read more »

MicroStrategy buys the dip by purchasing 660 Bitcoin for $25M

Major Bitcoin (BTC) investor ​​MicroStrategy has announced another major BTC purchase during a market dip to collect a total of 125,051 BTC as of Monday. According to an official form with the... Read more »

OpenSea Scores Another Own Goal With Bad Advice for Users

Key Takeaways An email from OpenSea has resulted in several users losing high-value NFTs. The email urged users holding NFTs with inactive listings to cancel them without first transferring their NFT to... Read more »

US Federal Trade Commission Warns About Cryptocurrency Scams Using Social Media

The U.S. Federal Trade Commission (FTC) has warned about social media being used in cryptocurrency investment scams. “Social media is a tool for scammers in investment scams, particularly those involving bogus cryptocurrency... Read more »

3 Reasons for Optimism’s Slow Development

Ethereum is now the undisputed king of chains, but its transaction congestion and high fees make it nearly impossible to use. In response, Layer 2 projects have become one of the fastest-growing... Read more »

Bitcoin Network Transaction Volume Surpasses American Express: Research

New research has found that the annual transaction volume on the Bitcoin network surpassed that of some well-known card networks, such as American Express (AmEx) and Discover, during 2021. The NYDIG Research... Read more »

Crypto Market Closes in on Worst January Performance Since 2015

Key Takeaways The crypto market is approaching its worst January close since 2015 after dropping 22.7% this month. The market is over $1 trillion from its peak. Though Bitcoin, Ethereum, and other... Read more »