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The Russian government has extended its winter ban on local crypto mining operations to six years as energy consumption in the country rises to alarming levels. About a month ago, the government ordered crypto mining entities to pause their operations for the winter season. However, the ban has now been extended. According to a report

Litecoin has had an impressive rally this year, surging by almost 50%. The latest market crash, however, briefly dragged the altcoin below $87. The selling pressure has since subsided as Litecoin currently trades above $107. Underpinning its price trajectory is the strong network growth. Litecoin’s network activity has witnessed a notable surge. In fact, data

Dogecoin dived toward the $0.2620 support against the US Dollar. DOGE is now recovering losses and might gain traction if it clears the $0.3350 resistance. Dogecoin price started a fresh decline from well above $0.3550 like Bitcoin and Ethereum. DOGE traded below the $0.3350 and $0.320 support levels. It even spiked below $0.280. A low

XRP price remained stable above the $2.10 zone. The price is moving higher and might aim for a fresh surge above the $2.30 resistance zone. XRP price started a fresh increase from the $2.12 support level, unlike Bitcoin and Ethereum. There was a decent increase above the $2.15 and $2.20 levels. The price surpassed the

Ethereum price extended losses and dropped below the $3,450 zone. ETH is now recovering some losses and might rise if it clears the $3,445 resistance. Ethereum price struggled to start a fresh increase above the $3,500 level and extended losses like Bitcoin. ETH gained bearish momentum below the $3,400 level and traded below $3,320. The

Bitcoin price extended losses and traded below the $95,000 zone. BTC is showing bearish signs and might decline heavily below the $92,000 level. Bitcoin price failed to start another increase and extended losses below the $98,000 zone. BTC gained bearish momentum below the $96,500 and $95,500 levels. The price even spiked below $92,500. A low

XRP has taken the cryptocurrency world by storm in December, becoming the most traded altcoin on Binance. According to recent data, the coin had an astounding trading volume of more than $116 million on Binance Futures, demonstrating its growing appeal with traders. Despite a tough market, XRP’s success stands out, especially given that other cryptocurrencies,

Ripple’s XRP has been the subject of recent media attention, and for good reason. The cryptocurrency has experienced a significant increase in 2024, with a gain of over 258% since the start of the year. XRP’s price had risen significantly from its low of $0.22 in early 2021 to approximately $2.30 as of mid-December. XRP

Bitcoin cash (BCH), a cryptocurrency created by a hard fork of the Bitcoin blockchain in 2017, fell 20% last week, its biggest slide since April, according to data on TradingView and CoinDesk. The sell-off happened as defunct exchange Mt. Gox said it would begin paying back creditors the roughly $9 billion worth of tokens taken

Cryptocurrency trading volume cooled in April, registering the first decline in seven months as escalating geopolitical tensions and slower inflows into U.S.-listed spot ETFs weighed over the digital assets market. The cumulative volume in spot and derivatives markets fell by 43.8% to $6.58 trillion, a sharp retracement from Marchs record high of $9.12 trillion, according

Crypto derivatives trading became bigger than ever in March, but its share in the total market activity declined for the sixth consecutive month, according to London-based digital assets data provider CCData. Trading volume in futures and options tied to cryptocurrencies on centralized exchanges rose 86.5% to a record high of $6.18 trillion, translating to three

Cryptocurrencies appear to have staying power, Federal Reserves Chairman Jerome Powell said in June. Perhaps truer words have never been spoken, as the market value of all cryptocurrencies has doubled to $1.3 trillion this year, recovering from last years crash. More impressive is the renewed interest in centralized crypto-collateralized finance after last years controversial collapse

Solanas SOL has rallied over 50% in two weeks, with Nasdaq-listed digital assets exchange Coinbase (COIN) proving to be a significant source of bullish pressures for the cryptocurrency, according to data tracked by Paris-based Kaiko. Since Oct. 25, SOLs cumulative volume delta (CVD) has increased by nearly $1 million on Coinbase, indicating net capital inflows.

On Dec. 23, Chainlink announced a novel oracle solution designed to enable DeFi applications to recapture non-toxic Maximal Extractable Value (MEV) called Smart Value Recapture (SVR). Currently, when DeFi protocols use price oracles, such as during liquidations, value is captured by third parties, including searchers and validators. None of this value returns to the protocols

Institutional investors are getting cold feet as the crypto market correction deepens with spot Bitcoin ETFs in the US reversing a fifteen consecutive trading day trend of inflows. For the past three trading days, the eleven spot Bitcoin ETFs have shed $1.17 billion as the asset fell more than 14% from its all-time high a

After a 9.8% drop in Bitcoin’s value over the past week, investors are showing signs of caution, worried about the potential for further declines. Despite this, Japan-based Metaplanet has reaffirmed its confidence by buying nearly 620 BTC. Interestingly, the latest acquisition marks its largest Bitcoin purchase to date. According to the company’s official press release,

Days after Binance introduced its pre-listing token selection pool, Binance Alpha, it launched 29 tokens with mixed performances. Data shared by crypto analysts Sankin shows that out of the listed cryptocurrencies, 17 have seen their values increase while 12 experienced declines. In a December 23 post on X, Sankin noted a trend where smaller market-cap