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Weekly News

Number goes up: A third of Brits have bought crypto, says Coinbase report

  • Post author:admin
  • Post published:May 6, 2022
  • Post category:Weekly overview

A Qualtrics report carried out by Coinbase shows that the number of Brits who have bought crypto is up 4% to 33% since October 2021. Bitcoin (BTC) number go up technology is…

Continue ReadingNumber goes up: A third of Brits have bought crypto, says Coinbase report

Avalanche rebounds 25% in five days as AVAX price tests key level — Big rally ahead?

  • Post author:admin
  • Post published:May 6, 2022
  • Post category:Weekly overview

Crypto market correlation and Valkyrie's Avalanche fund launch also helped push AVAX to a weekly high. Avalanche (AVAX) has rebounded strongly five days after testing a key inflection area as…

Continue ReadingAvalanche rebounds 25% in five days as AVAX price tests key level — Big rally ahead?

Binance commits $500M to co-invest in Twitter with Elon Musk

  • Post author:admin
  • Post published:May 6, 2022
  • Post category:Weekly overview

Binance is among 18 co-investors in Elon Musk's Twitter acquisition alongside firms like Sequoia Capital Fund and Fidelity Management and Research Company. Major crypto exchange Binance has participated in Elon…

Continue ReadingBinance commits $500M to co-invest in Twitter with Elon Musk

Sen. Warren asks Fidelity to address the risks to put Bitcoin in 401(k)s

  • Post author:admin
  • Post published:May 6, 2022
  • Post category:Weekly overview

U.S. Senators requested Fidelity to explain how the firm is planning to address the risks of adding Bitcoin into retirement accounts by May 18. The United States government is growing…

Continue ReadingSen. Warren asks Fidelity to address the risks to put Bitcoin in 401(k)s

DOT rallies 12% in a day as Polkadot gears up to solve a major blockchain hacking problem

  • Post author:admin
  • Post published:May 6, 2022
  • Post category:Weekly overview

But the token still risks falling by more than 30% based on a classic bearish continuation setup. Polkadot (DOT) price ticked higher in the past 24 hours on anticipations that…

Continue ReadingDOT rallies 12% in a day as Polkadot gears up to solve a major blockchain hacking problem

Bitcoin trader keeps $40.8K BTC price target amid warning over risk asset ‘pain trade’

  • Post author:admin
  • Post published:May 6, 2022
  • Post category:Weekly overview

What could rile investors more than a capitulation in stocks and crypto is sideways trading “for a long time.” Bitcoin (BTC) consolidated below $40,000 on May 5 after United States…

Continue ReadingBitcoin trader keeps $40.8K BTC price target amid warning over risk asset ‘pain trade’

Bitcoin celebrates halfway to the halving with new hash rate record

  • Post author:admin
  • Post published:May 6, 2022
  • Post category:Weekly overview

The Bitcoin hash rate hit another all-time high and the 105,000th block since the last halving was mined, marking the halfway to the next halving. Bitcoin (BTC) marks a milestone…

Continue ReadingBitcoin celebrates halfway to the halving with new hash rate record
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