effect

Solana, Polkadot, Algorand: What is the Bitcoin effect on these altcoins

Solana, Polkadot, Algorand: What is the Bitcoin effect on these altcoins

With the market trading in red today pretty much all coins including Bitcoin and Ethereum are falling. However, there are some coins that made excellent gains in the last 2 months which are now facing huge price falls as well. Which alts though? Solana, Polkadot, and Algorand were three altcoins that successfully rallied between July …

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Ethereum co-founder's new role might have this effect on Dogecoin

Ethereum co-founder’s new role might have this effect on Dogecoin

The reasons behind Dogecoin‘s exponential growth were many, but DOGE’s utility and development activity were hardly ever a part of that. The network is now all set to be revamped after being more or less dead in terms of development in the past. According to a statement issued by the Dogecoin Foundation on Tuesday, the …

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Wyoming's 'DAO law' passes State Senate in a 28-2 vote

Wyoming ‘DAO law’ to go into effect in July after receiving final approval

Legislation introduced earlier this year in Wyoming to create a legal link between decentralized autonomous organizations (DAOs) and the state government is now the law of the land. The law, first introduced in February, won final approval in the legislature earlier this month before being signed by Governor Mark Gordon on April 21, according to …

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XRP lawsuit effect: Ex-SEC Chair talks about Bitcoin's (non)security status

XRP lawsuit effect: Ex-SEC Chair talks about Bitcoin’s (non)security status

Earlier today, investment banking company Morgan Stanley filed multiple institutional funds that may gain exposure to Bitcoin especially through shares of Grayscale’s Bitcoin Trust or cash-settled futures. Recently, Goldman Sachs said it was planning to launch investment offerings in the crypto asset class in the second quarter. What these new developments prove is that bitcoin …

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Market Wrap: The 'Elon Effect' Blasts Bitcoin to $44.8K While Ether Moons

Market Wrap: The ‘Elon Effect’ Blasts Bitcoin to $44.8K While Ether Moons

Bitcoin’s price is getting closer to Mars thanks to Elon Musk while ether moons to a new record. Investors are pulling BTC out of DeFi, likely to diversify their profits. Bitcoin (BTC) trading around $44,023 as of 21:00 UTC (4 p.m. ET). Climbing 14.5% over the previous 24 hours. Bitcoin’s 24-hour range: $38,051-$44,801 (CoinDesk 20) …

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A look into the effect weekends have on Bitcoin prices

A look into the effect weekends have on Bitcoin prices

After shaking off the slow weekend, Bitcoin’s price is back above $18600. Bitcoin traded above the $18500 level for nearly 3 days before the weekend and then dropped to $18200, even lower on some spot exchanges. However, according to Entrepreneur Qiao Wang, Weekends exist for shaking off weak hands before institutions turn their algos back …

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