Author name: Cryptoolio

On Nov. 25, Ethereum ETH continued in its uptrend Benzinga called out on Nov. 23 and made a high of $4,555.11, surpassing the previous Nov. 20 high of $4,439.96. The crypto then printed a bearish double top pattern at the level on Nov. 26 and fell to retest support at the $3,950 level. The cryptocurrency market has been in a weeks-long […]

Bitcoin and all the other digital cryptocurrencies out there have had a massive year so far, with several of them reaching new all-time high valuations. Bitcoin’s latest high was just above $69,000 a few days ago, but other digital tokens have witnessed similar surges this year. As more money poured in digital coins and more

Tesla CEO Elon Musk took a stance against cryptocurrency exchanges in a Tuesday tweet. On Twitter, someone mused about breaking the ecosystem’s “dependence on CEXs like [B]inance and [R]obinhood,” prompting another to quip “not your keys, not your crypto.” Then Musk chimed in, tweeting “exactly” in reply. In simple terms, a cryptocurrency wallet contains both public and private cryptographic keys. As their

With the recent price drop of Bitcoin, there has been split opinions whether or not the cryptocurrency is bullish or bearish. As of the moment, the Bitcoin fear and greed index shows the coin going back to neutral at 49. Could the predictions of a market crash be a hoax? Talks of a Market Crash

U.S. stocks have been a winning investment these last two years, on what proved to be a correct bet that corporate earnings would recover from the coronavirus pandemic, as well as the low interest rates and fiscal stimulus that have heated up the global economy. Strategists at Morgan Stanley say investors should resist buying U.S.

The long-awaited Taproot upgrade to Bitcoin was finally activated on November 14, to make transactions more private and bring smart contracts to the blockchain. Taproot was initially proposed in January 2018. It finally received approval from enough Bitcoin miners to enter the Speedy Trial phase—which gives developers five months to support the upgrade—on June 13. Now it\’s

The Central Bank of Nigeria (CBN) has penalized traders participating in crypto trading activities by freezing their trading accounts.  Crypto Trading Incurs Heavy Penalties Two individuals, Nnamdi Francis Okereke and Nwaorgu Kingsley Chibuzor, and a company called TVS Hallmark Service Limited, have had their crypto trading accounts closed as per a directive from the Central

Litecoin (LTC) has posted daily gains of almost 20% on Nov. 9, the highest levels for LTC/USD since May 2021, amid a wider cryptocurrency market rally that analysts attribute to inflation fears. The 14th-largest digital asset rose by a little over 25% in three days, pushing its price to almost $250 on Coinbase. Meanwhile, the total

The total value of the cryptocurrency market shot past $3 trillion Monday morning as the price of bitcoin and other major cryptos rose in a bull market. The sector’s overall market cap rose by about 3.6 percent in the past 24 hours, pushing it above $3 trillion for the first time Monday morning, according to pricing