Glassnode data analyzed by CryptoSlate analysts suggests that rising Bitcoin (BTC) price also increases miner profitability and revenue, which have been historical pointers for market bottoms. CryptoSlate looked into the Difficulty Regression Model and Miner Revenue vs. Yearly Average comparison metrics to evaluate miners’ profitability. While both metrics agree that things are going swimmingly for […]
DOGE Price Analysis for February 3
Is DOGE ready for local rise?
Bloktopia Metaverse Crypto Pumping New Land BLOK NFTs – RobotEra Presale Stronger Potential?
Bloktopia had a pump this week but RobotEra has showed higher upside potential in the metaverse by raising $810,500 in its token presale. Metaverse games […]
El Salvador enacts new bitcoin regulation
El Salvador has recently enacted a new law that governs the use of digital currencies, signaling a significant advancement in the nation’s cryptocurrency journey.
Australian Government Releases First Steps To Regulate Crypto And Bitcoin
The first steps of a multi-stage plan to regulate the cryptocurrency industry within Australia have been released. The Australian government has announced the first step of what it calls a multi-stage approach to tackling cryptocurrency regulation. According to the announcement, “the multi‑stage approach has three elements: strengthening enforcement, bolstering consumer protection; and establishing a framework […]
US Senator calls for crypto regulations amid 2022 failures
The Senator for South Carolina, Tim Scott, is working on a bipartisan regulatory framework targeting the cryptocurrency industry. The Senator is set to become a […]
Price Prediction: Convex (CVX) Has Been Rising By 28.93% During the Last Seven Days
Despite significant competition from Yearn Finance and Stake DAO, Convex Finance has established itself as a powerful player in the DeFi market with a locked […]
Binance Terminates Wallet Services To WazirX
WazirX, an Indian cryptocurrency exchange, has been asked to remove all remaining assets kept in Binance wallets after Binance discontinued providing wallet services to WazirX. The biggest cryptocurrency exchange in the world said in a blog post on Friday that WazirX would no longer utilize its wallet services as a result of misrepresentations made about […]
Everlend Finance suspends operations, urges users to withdraw funds
Everlend Finance, a decentralized finance protocol running on the Solana blockchain, is shutting down its services. The platform is also urging its clients to withdraw […]
Bitcoin enters bull market but it may be overvalued
Bitcoin entered the beginning of a bull market last week. Still, as prices increased, some momentum indicators signaled bitcoin could be overvalued.