What Happened to Bitcoin and Ethereum Prices?

Simon Peters, expert cryptoasset analyst at investment platform eToro posed the following questions: What is affecting bitcoin and Ethereum prices, what is happening to transaction fees, and what is decentralized lending being used for? and shared his views on the matter. The Prices of Bitcoin and Ethereum Peters stated, “Bitcoin continues its path around $27,500 […]

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Bitcoin Mining: Ordinals Turn Rewards Upside Down

Ordinal’s high level of trading caused bottlenecks in the Bitcoin Blockchain, which ended up benefiting mining. For the first time since 2017, Bitcoin transaction fees exceeded the classic mining block payout. In that sense, numerous pools reported that the reward trends received by miners were reversed. The latter happens during times of bottlenecks in the […]

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Is Argentina Courting Collapse by Banning Crypto?

On May 4, the Central Bank of Argentina banned payment providers from allowing cryptocurrency transactions. This move, according to the monetary authority, is intended to curb the exposure of the Argentine payment system to digital assets. Hyperinflation in Argentina is driving cryptocurrency adoption, with local exchanges seeing a high flow of Bitcoin transactions. However, the […]

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Latest Crypto News on Celo, Axelar, and Sponge

This is an overview of current and future prices, with special attention to the latest news that sees them as protagonists. Celo is a platform that serves as a global payment infrastructure for cryptocurrencies and is aimed at mobile users. Axelar, whose native cryptography is AXL, on the other hand, is an interoperability solution and […]

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Ethereum Price Analysis: ETH at Risk of Breakdown

Ethereum price is gaining bearish momentum below the $1,885 resistance against the US Dollar. ETH is the native token of the Ethereum blockchain, created by Vitalik Buterin. The long-term outlook for ETH is somewhat hazy. The ETH price is now trading below $1,885, and the 55 simple moving average (4 hours). There was a break […]

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