Tezos (XTX) has had a tough few months, but things are looking up for this blockchain cat patent-pending coin. Unfortunately, after slumping to an all-time low at the start of January and then climbing back up over 80% by early February – it seems like there’s not much more room left in its recovery. The Tezos (XTZ) recovery has been nothing short of impeccable. The coin has come from six-month lows to report gains of over 80%. Moreover, it’s’s gone up almost threefold in just the last few weeks. At…
Month: February 2022
How Altcoins Like Ether And USDC Took Over More And More Of The Crypto Market
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The cryptocurrency market was worth more than $1.6 trillion by the end of the July 2021. And bitcoin controls more than 47 percent of that market, according to Tradingview.com, down from more than 70 percent at the start of 2021. Altcoins, or alternatives to bitcoin, have surged in number and value since 2018. Crypto networks with advanced technologies such as Ethereum, Polygon and Uniswap have captured more and more of the crypto market. And there’s also stablecoins, utility coins and meme currencies…
Bitcoin Trends Upward as Markets Calm Despite Ukraine Tensions
Traders showed some optimism even as President Joe Biden announced more sanctions. Original
Huobi Plans Return to US Months After Shuttering China Business
CryptoX – Cryptocurrency Analysis and News Portal The company is likely to focus more on asset management than an exchange business. Source The post Huobi Plans Return to US Months After Shuttering China Business appeared first on CryptoX. CryptoX Portal
4 Crypto Tax Myths You Need to Know
Because of this public transparency, it is very easy for the IRS to link “anonymous” wallets to people. This is because at the beginning of nearly every person’s transaction history is an on-ramp via know-your-customer (KYC) rules that exchanges like Coinbase are required to follow. These exchanges are required to report customers’ activity to the IRS, which gives the agency information about users. From this on-ramp, if the assets are sent to a decentralized wallet provider or non KYC’d exchange, the IRS can follow these transactions and easily associate each…
Animoca Brands Leads $10M Funding Round for NFT Platform Ucollex
The new capital will be used to scale operations, including platform and blockchain tech development, Ucollex board member Roberto Grande told CoinDesk in an email. The funding will also help drive marketing efforts related to significant intellectual property (IP) partnerships, which will be announced soon. Source
Bitcoin Bounce Fades; Minor Support at $30K-$36K
Bitcoin (BTC) price bounce was short-lived as sellers reacted to the $40,000 resistance zone. Upside appears limited due to negative momentum signals and persistent selling pressure. Support at $30K and $36K could stabilize the pullback. Source
Crypto Exchange Giant FTX Launching New Gaming Division, According to Recent Job Posts
The US subsidiary of a global cryptocurrency exchange is deepening its efforts in the blockchain gaming industry, as newly posted job openings reveal. According to two job announcements, FTX US has software engineering positions open at its FTX Gaming division. The crypto exchange says that in one of the software engineering roles, the successful candidate will work with the crypto exchange’s partner game studios to “improve their current features and implement new ones, as well as working on blockchain integration.” In the second software engineering role, the selected prospect will…
Price analysis 2/23: BTC, ETH, BNB, XRP, ADA, SOL, AVAX, LUNA, DOGE, DOT
BTC and altcoins flashed a few bullish signals today, but traders say $38,000 is still the level Bitcoin needs to close above before a reversal can begin. Bitcoin (BTC) and several altcoins have bounced off their immediate support levels after buyers attempted to arrest the current decline. Bloomberg Senior Commodity Strategist Mike McGlone highlighted in a recent Tweet that Bitcoin was trading roughly 20% below its 50-week moving average and such discounted levels have “often resulted in good price support.” The bearish price action of the past few days does…
⚠️ BITCOIN WILL DROP ANOTHER -50% in 2022!!!!!?⚠️Crypto Price Analysis TA/ Cryptocurrency News Today
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin Price Analysis & Crypto News Update! 👍 THUMBS UP & SUBSCRIBE NOW + 🔔! *** VIP PRIVATE TRADE IDEAS & ALERTS – *** ************** 2021 VIP ELITE INFO: ************** 🚨 VIP PRIVATE TRADE IDEAS & ALERTS – 👆 VIP Link doesn’t open properly on Safari browser- use a different browser! 👆 ************** Is the Bitcoin (BTC) price potentially going to see another market crash, in my opinion?! Let’s discuss this potential urgent chart dump signal live today and some cryptocurrency trading…