Record $900 million month for NFT sales as CryptoPunks go stratospheric

August is shaping up to be a record month for nonfungible token (NFT) sales, with almost $900 million spent on them over the past 30 days. According to data from the tracking portal Nonfungible, $896 million has been spent on NFTs over the past 30 days. The number is very likely to have exceeded $900… Continue reading Record $900 million month for NFT sales as CryptoPunks go stratospheric

Bitcoin Nears $900 Billion In Market Cap – Can The Big Bull Smash $1 Trillion Again?

24 hours later, Bitcoin is heading towards $50,000, securing significant daily gains as trading volume is out the roof; Bitcoin is unstoppable. The dominant cryptocurrency is soaring and unstoppable. Market players are especially elated to see that Bitcoin’s market capitalization is recovering swiftly. At press time, the market cap has hit $865 billion. This is… Continue reading Bitcoin Nears $900 Billion In Market Cap – Can The Big Bull Smash $1 Trillion Again?

Tata Motors to invest ₹28,900 crore in FY22, says Chandrasekaran

‘In time, EVs to contribute 25% of sales’ Tata Motors group will invest ₹28,900 crore across its domestic business and JLR in 2021-22, and in the development of hydrogen fuel cell vehicles, Chairman N. Chandrasekaran said. The company will also look to raise capital separately for its electric vehicles (EV) business ‘at an appropriate time’.… Continue reading Tata Motors to invest ₹28,900 crore in FY22, says Chandrasekaran

Ripple locks 900 million XRP back in escrow and focuses on OTC sales

Ripple has been working hard to increase crypto adoption using the digital asset, XRP, and striving to find use cases, beyond just an investment. As scheduled, Ripple received 1 billion XRP from escrow on 1 December, which was paid to it in three installments of 500 million, 400 million, and 100 million. Whale Alert, tracks… Continue reading Ripple locks 900 million XRP back in escrow and focuses on OTC sales

Bitcoin Struggles above $9,900, a Breakdown Is Unavoidable Below $9,900

Bitcoin price has continued to hover above the $10,000 support for the past one week. Yesterday, BTC slumped to $9,960 but corrected upward immediately. This is an indication that buyers are consistently defending the current support for the past week. This can be confirmed by the candlesticks’ long tails pointing downward.  Unfortunately, buyers have not… Continue reading Bitcoin Struggles above $9,900, a Breakdown Is Unavoidable Below $9,900

Bitcoin Just Rejected $8,900 in a Short-Term Top Structure: Traders Fear Bear Trend Isn't Over

The bitcoin price rose to as high as $8,916 across major cryptocurrency exchanges like BitMEX and Binance on January 15. Since then, BTC fell by three percent in a typical short-term top formation. Lower time frames indicate a double top structure, which normally suggests that the asset tried to break above a key resistance level… Continue reading Bitcoin Just Rejected $8,900 in a Short-Term Top Structure: Traders Fear Bear Trend Isn't Over

If Bitcoin Prices Loses $7,900 on Weekly, the Bull Market May End

Over the past day or two, Bitcoin (BTC) has started to settle in a price range, the low-$8,000s. As it stands, the crypto market seems somewhat directionless, stuck between resistances and supports above and below its current price. However, it is important to note that Bitcoin is moving very near to a key historical level… Continue reading If Bitcoin Prices Loses $7,900 on Weekly, the Bull Market May End

Traders Eye $10,000 As Bitcoin (BTC) Steadies Around $7,900

Bitcoin Despite the fact that Bitcoin (BTC) has just shed $300 in under a few hours, breaking under the $7,800 support level yet again, many are still bullish on the cryptocurrency. The fact of the matter is, BTC closed its weekly candle strong (no losses/no gains), leading many to claim that this market is decidedly… Continue reading Traders Eye $10,000 As Bitcoin (BTC) Steadies Around $7,900

Bitcoin Falls Under $7,900 as US Stock Market Sees Minor Uptrend

Wednesday, May 22 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) falls under the $7,900 mark again. Market visualization courtesy of Coin360 Bitcoin is down over .5% on the day, trading at $7,850 at press time, according to CoinMarketCap. Looking at its weekly… Continue reading Bitcoin Falls Under $7,900 as US Stock Market Sees Minor Uptrend