On a busy day for news, here are the standout stories from the world of Cryptocurrency in our best of the day’s segment.
$55,000 Target for Bitcoin Price
Bitcoin bulls want to remove a major overhead resistance level to build a $55,000 course. During the early trade hours on March 3 Bitcoin (BTC) price fell by $50,000 as bulls felt that their traction had been gained and most altcoins were joining during the rally the day. Bullish reversal of Bitcoin BuyUcoin Markets and…
Bison Trails launches staking and node services for Cosmos
Blockchain infrastructure firm BisonTrails has launched support for the Cosmos ecosystem, allowing its clients to stake and run nodes for blockchain ecosystem Cosmos. BIson Trails offers services to simplify the process of participating in blockchains, such as staking and running full nodes. The firm’s customers include custodians, exchanges, and funds, with Bison also helping Web…
Bitcoin and Ethereum slow down as transaction values and fees plunge 70%
Bitcoin (BTC) and Ether (ETH) appear to be experiencing something of a slowdown, as on-chain data shows a dramatic decrease in the U.S dollar value of coins being sent across both blockchains in the past week. At the same time, transaction fees for both chains have receded from recent highs, or in Ethereum’s case, an…
Theta, Aavegotchi (GHST) hit new highs as Bitcoin price chases after $50K
Bitcoin (BTC) bulls appear to have found their momentum as BTC price reclaimed the $49,000 level within the last hour. On March 2 the price dropped as low as $47,000 but currently, BTC is trading above the 20-day moving average. Bulls are likely to make another attempt at flipping the $50,000 resistance to support and…
NY Attorney General warns investors and crypto firms of ‘extreme risks’
Following weeks of volatility in the crypto markets and two high-profile legal cases involving crypto firms in New York state, NY Attorney General Letitia James has issued her starkest warning yet to all participants in the industry. In a double alert published on March 1, James warned retail traders that they face heightened risks and low…