THE DAILY ENCRYPT

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Bitcoin Trading Volume Has Now Stabilized At High Values, But For How Long?

Data shows the Bitcoin trading volume now seems to be stabilizing at higher values than 2022’s average, but given the trend in the metric this year so far, it may not last too long. 7-Day Average Bitcoin Trading Volume Has Remained Fixed Around $5 Billion Recently According to the latest weekly report from Arcane Research, …

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Biden to Sign Cryptocurrency Executive Order This Week

Cryptocurrencies are becoming increasingly popular as a means of payment and store-of-value. However, President Biden’s recent plan to sign an executive order will provide federal agencies with guidance on how they should approach cryptocurrency transactions from both regulatory perspectives and national security concerns associated with these digital assets.   The U.S. federal government is looking

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Monero And Zcash Take Off With 15% Gains, Here’s What May Have Spurred The Rally

Privacy coins, Zcash (ZEC) and Monero (XMR), have been outperforming larger cryptocurrencies in the last 24 hours. The sudden surge on the price of these cryptocurrencies seems to be responding to recent developments around the Russia-Ukraine conflict, and the signed of an executive order from the U.S. Joe Biden administration. Related Reading | Monero (XMR) Price …

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Defunct File-Sharing Platform Limewire Plans a Comeback, NFT Marketplace and Token on the Horizon

The once-popular and now discontinued file-sharing platform Limewire is returning after shutting down in 2010. However, rather than provide access to copyrighted music files and movies, the new Limewire aims to launch a marketplace dedicated to non-fungible token (NFT) technology. Limewire Plans to Return With an NFT Marketplace Platform Limewire plans to return from the

Bitcoin Breaks Above $40K Again, But When Will Consolidation End?

Bitcoin is still struggling to break out of the cage that is the $40K-$44K price range. Reaching this level has not been the problem for the digital asset, but successfully breaking above it and maintaining consistent momentum above the $45,000 price point has been the biggest hurdle. Consolidation continues to be the name of the …

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