THE DAILY ENCRYPT

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Dogecoin Spikes 10% After Elon Musk Reveals He’s Not Selling

Dogecoin has been on a recovery trend lately. This is attributed to recent comments from Elon Musk, the ‘Dogefather’, that has seen prices spike. Musk who has been a vocal supporter of the meme coin is one of the major reasons behind the popularity and success the cryptocurrency enjoyed last year. Now, once again, the …

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Rapper French Montana Makes Crypto Debut With Metaverse Project

Rapper French Montana has become the latest rapper to enter the metaverse. The critically acclaimed rapper announced that he was officially joining the crypto world through a partnership with a prominent crypto metaverse project. French Montana Enters The Metaverse The rapper made the announcement on Twitter with a video of him in the metaverse. In

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Bitcoin Hashrate Swells 15% Since Last Week As Analysts Expect Mining Difficulty To Increase

Bitcoin mining difficulty fell by 1.5% last week, following the full recovery of China’s mining ban last year. China started to crack down on cryptocurrency, prohibiting financial institutions and payment companies from providing services related to cryptocurrency transactions. China accounted for roughly 75% of the “average monthly hashrate share,” a term used to calculate the …

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Gold, Stocks, Commodities, & Crypto: How To Trade In 2022

The year 2022 has begun unlike anyone had anticipated: at the precipice of World War III. An escalation between Russia and Ukraine and related economic sanctions have caused historical volatility and fear in financial markets. It arrives while the pandemic is still not entirely under control, and the lingering impact it had on supply chains …

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Bitcoin, Ethereum Technical Analysis: BTC Continues to Consolidate, Despite Encouraging Comments From Elon Musk 

Bitcoin and ETH were once again consolidating to start the week, despite bullish comments from Elon Musk. In a tweet earlier today, Musk said: “I still own & won’t sell my Bitcoin, Ethereum or Doge.” Although prices marginally rose, they remain close to recent support levels. Bitcoin The world’s largest cryptocurrency rebounded from its support