Bitcoin (BTC) has been caught in a firm uptrend over the past several days, which has primarily been the result of the massive upwards momentum that was sparked when it tapped lows of $6,400 earlier last week.This momentum led BTC as high as $7,700 today before it was met with significant resistance that led its...Read More
Authorities in Uzbekistan have effectively banned residents from purchasing cryptocurrencies on digital asset exchanges licensed in the country. Crypto holders will only be able to sell their coins and that’s if these have not been obtained through anonymous transactions, amendments to the local regulations postulate. Also read: Poles Hit With Backdated Tax on Crypto Trades...Read More
Ethereum co-founder Vitalik Buterin suggested a faster way to migrate data to ETH 2.0, meaning the long-awaited upgrade may come sooner than expected. In an Ethresear.ch proposal dated Dec. 23, Buterin described a way to do away with Ethereum 1.0’s current proof-of-work blockchain. This would allow the project to merge with Ethereum 2.0’s beacon chain...Read More
After months of brutal downtrend, it seems that bulls are returning to the Bitcoin (BTC) market. Since the leading cryptocurrency hit $6,400 earlier this month, bulls have taken control of the asset, pushing it from those multi-month lows to as high as $7,700 just this morning prior to a 4% drop.Related Reading: CME Futures Data: Institutions...Read More
