Assets

The price of Polkadot (DOT) has continued its uptrend as the price remains above the moving averages. However, buyers have failed to break above the $40 resistance level.

The price of Bitcoin (BTC) has fallen to a low of $44,550 during a sideways trend. It is likely that the cryptocurrency asset will retest resistance at $47,000. Here is how the price has performed in recent days. Bitcoin contains between $44,350 and $47,000.

Coinbase, America's largest cryptocurrency exchange, has just set foot in Japan, a vibrant crypto market. However, this entry presents both opportunities and challenges.

The Ukrainian Ministry of Digital Transformation is making every effort to legalize cryptocurrencies in the country. For example, it is preparing the law on Digital Assets for the second reading on Verkhivna Rada. On the other hand, it is working on a framework that will allow taxing the income from trading cryptocurrencies.

Since August 1, the price of Cardano (ADA) has risen to a high of $1.38. Shortly after reaching the new price level, the cryptocurrency asset fell back to a low of $1.26. Buyers pushed the altcoin to the previous high, but the upward momentum could not be sustained.

Sensorium Galaxy, an ambitious and widely talked-about metaverse project, has announced that it would soon introduce NFTs and move its SENSO token to a new blockchain built on Substrate. This marks a new step in the development of the metaverse, since other platforms have only explored the possibilities of issuing Ethereum-based NFTs.

Bitcoin (BTC) price slips below $40,000 after hitting a new high of $42,400 four days earlier.

Research has shown that most bitcoiners are so obsessed with the cryptocurrency that they would not give up even if bitcoin value dropped to just below $3,000. Lately, bitcoin has lost more than half of its value, but why are many people willing to lose so much and still not give up?

Crypto billionaires, while sometimes not fully influencing the volatility of crypto assets, significantly affect the stability of the crypto market when they make jokes either on their social media pages or in front of cameras. Elon Musk, after suspending Bitcoin in May, he says he is thinking about reinstating it. Why do such billionaires confuse the crypto market?