Price analysis 2/27: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL
Bitcoin and U.S. equities markets are attempting to recover, but selling at overhead resistance could continue to weigh on the bullish momentum.
Posts published on February 27, 2023 go to media archive 2/3
Artificial Intelligence Crypto Assets Continue to Surge, Accounting for $4 Billion in Market Value
Following a brief downturn in mid-February 2023, artificial intelligence (AI) crypto assets have continued to see gains over the last 30 days. Currently, out of 74 listed AI-focused cryptocurrencies, the net value of all these tokens has risen to…
Aave Might Retrace Further Due To This Formation On Its Chart
The price of Aave has dropped significantly in the last month after the altcoin fell below the $90 mark. The altcoin consolidated on its chart with a 0.2% loss in the past 24 hours. The altcoin has depreciated by close to 9% in the past week. The…
Blockchain Founders Fund raises $75M to encourage Web3 mass adoption
The fundraising round included Polygon, Ripple, Octava, NEO Global Capital, Appworks, Sebastien Borget of The Sandbox, GSR, LD Capital, Metavest Capital and others.
Blur runs after OpenSea market share, but its success depends on upcoming governance proposals
Blur’s liquidity heist on OpenSea continues as each project competes in royalties, fees and decentralized governance.
Cointelegraph partners with Phaver mobile Web3 social app
The partnership will grant the 200,000+ users across Phaver and other Lens-based Web3 apps access to daily Cointelegraph content.
Inflationary vs. deflationary cryptocurrencies, Explained
Inflationary cryptocurrencies have a continuously increasing supply, while deflationary cryptocurrencies have a decreasing supply.
Coinbase announces suspension of BUSD trading beginning March 13
The San Francisco-based cryptocurrency exchange referred to its "listing standards" in a tweet.
Introduction to the Best Multisig Wallets
Bitcoin multisig wallets are a great security solution to help you keep your Bitcoin secure, private and as accessible as your require at all timesWhat are the best multisig wallets to store bitcoinYour Bitcoin wallet is the access to your digital…
Biggest Movers: SHIB, LTC Marginally Higher During Volatile Start to the Week
Shiba inu started the week trading marginally higher, despite cryptocurrencies mostly consolidating on Feb. 27. At the time of writing, the global market cap is currently up 0.83%, as volatility has intensified. Litecoin also rebounded on Monday…
Crypto Market Crawls To A Standstill As Investors Remain Neutral
Over the last week, the crypto market has seen what can be described as a rollercoaster movement. After coming out of an impressive rally, the digital assets in the space attempted to hold on to their value but a downward spiral would follow…
Stacks (STX) Shines With 50% Weekly Gains While Market Drops
Stacks is a Bitcoin-adjacent blockchain, and STX is the native token powering it. The network was launched on Bitcoin in 2017 to enable developers to build and launch smart contracts secured by the host blockchain. As the NFTs on the network keeps…
Bitcoin price eyes $24K retest as US dollar dives into monthly close
A strong BTC price weekly close becomes an attack on resistance levels lost the week prior as DXY headwinds lessen.
Toncoin (TON) Sees Positive Movement As Top Coins Suffer Downtrend
Many crypto assets have lost their 7-day gains in the last 24 hours. The top 3 coins, BTC, ETH, and BNB, are all down by more than 4%, as Bitcoin alone has lost almost 6% of its previous week’s gain today, February 27. It has even lost hold…
Mawson Infrastructure Group Launches Bitcoin Mining Operation in Pennsylvania, Exits Australia
The bitcoin mining operation, Mawson Infrastructure Group, Inc., announced that the firm has broken ground at a new site in Sharon, Pennsylvania. Reports detail that Mawson has delivered six modular production units capable of housing 3,528…
BTCPay Server Adds WabiSabi CoinJoin Plugin, Giving Option For Increased Privacy For Merchants
Merchants using BTCPay Server will now be able to protect their privacy using Wasabi Wallet’s CoinJoin coordination protocol.Bitcoin payment processing software BTCPay Server has added a CoinJoin plugin for its merchants, allowing them to retain…
Analysts Argue Why Bitcoin Is On The Verge Of A New Bull Run
The recent plunge of the Bitcoin price from $25,200 to $22,780 has once again triggered great fear among investors that the price is not only in a correction phase, but will face significant further downside. However, there are good arguments that…
7 modern technology examples that don’t need electricity
Modern technologies that don’t rely on electricity include solar calculators, mechanical watches, bicycle-powered generators and more.
Is the SEC’s action against BUSD more about Binance than stablecoins?
The SEC’s enforcement action against BUSD raises questions about whether the regulatory body is focused on the stablecoin market or the crypto exchange Binance.
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Ahead of Big Week of Economic Data
Bitcoin consolidated below the $24,000 level on Feb. 27, as cryptocurrency markets prepared for a big week of economic data. Durable goods orders from the United States will be released later today, with consumer confidence figures set for Tuesday…
How Bitcoin Has Revolutionized the Crypto Market
The crypto market is among the fastest in growth today. Here are ways in which Bitcoin has revolutionized the crypto market. Bitcoin has proven to be one of the fast and consistently growing cryptocurrencies. For the duration Bitcoin has existed…
Bitcoin Two-Month Rally Slows Down, What’s Next?
Over the past month, Bitcoin has seen a significant uptrend of about 40%, starting from the beginning of the year. As a result, BTC pulled a massive bullish trend carrying the rest of the crypto market along with it as other altcoins have also…
‘Don’t Trust, Verify’: Fixing The Problems With Academic Research On Bitcoin
To date, much of the academic research on Bitcoin has lacked high-quality data and rigorous review. It’s time to fix that.This is an opinion editorial by Rupert Matthews, a lecturer at the Nottingham Business School.Even though the Bitcoin network…
74% of survey participants say they buy NFTs for status
13% of the survey respondents mentioned that they are buying NFTs hoping to resell them in the future.
Brazilian Digital Real Passes Public Blockchain Pilot Test With Flying Colors
A tokenized version of the digital real, the Brazilian central bank digital currency (CBDC), has passed a public blockchain pilot test successfully. The test, which was carried out by Mercado Bitcoin, a local exchange, using the Stellar network…
Why This Polygon Layer-2 Is Huge For Solana Developers
In what could be a huge relief for developers, the Eclipse Foundation recently announced the launch of the Polygon Sealevel Virtual Machine (SVM). Eclipse To Release The Polygon SVM The Polygon SVM is a roll-up platform designed for the Ethereum…
Tech companies enter agreement for ‘Japan Metaverse Economic Zone’
A group of prominent Japanese technology companies, including Fujitsu and Mitsubishi, came together in a new agreement to help advance the country’s metaverse sector.
Ceffu (Formerly Binance Custody) to be Custodian of Flynt Finance for Enhanced Asset Security and Off-Exchange Settlement
PRESS RELEASE. Flynt Finance, a cryptocurrency portfolio management platform, has announced a partnership with Ceffu, formerly known as Binance Custody, to provide its clients with enhanced asset storage security and access to its off-exchange…
Trezor to produce chips for hardware wallets to shorten supply cycle
Trezor wants to respond quickly to demand-triggering events like the FTX collapse by taking control of wallet chip production.