Bitcoin performed well this weekend, buoyed by the record drop in the difficulty adjustment on Saturday.

With independence day in the US, a lot of the trading activity has paused.

Just when it looked like Bitcoin was going to push higher today, the Chinese press office tombola was activated, a news headline was picked, and prices quickly moved South.

EQONEX is pleased to announce that the exchange now lists MATIC tokens. The native token of the Polygon platform, MATIC, has been one of the best-performing tokens of 2021.

Last week, more enthusiasm about company earnings drove equity indexes higher.

Over the weekend, Iran’s Ministry of Industry issued 30 licenses to crypto mining farms. This decision came despite sweeping bans on miners due to power shortages caused by drought.

What if… you bought a chunk of Bitcoin, told everyone, drove the price up 10%, and announced you would accept Bitcoin as payment for your goods, only to then get a phone call informing you that the ruling party of 30% of your sales market does not like using coal to mine BTC, and will be stamping it out, very soon?

Bitcoin has fallen nearly 5% today, yet strangely, it doesn't have the same feel as recent drops. I've been wrong before, so take this with a pinch of salt, but the downward pressure we are seeing is lacking the usual bite.

EQONEX is committed to helping our traders manage their risk as effectively as possible, so we are pleased to announce the launch of our new Sub Account feature.

Online security is becoming one of the most critical issues of our time, and it affects all of us. But, unfortunately, most people aren’t doing enough to protect their online assets.

If prices are any indication, people are feeling good about the first half of 2021.

Bitcoin failed to capitalize on yesterday's buoyancy, with resistance at $36,400 capping the best efforts of the bulls. Today, we have drifted back lower as Bitcoin hodlers face their worst quarter since the start of the crypto winter in Q1 2018 -49.89%.

With the dismissal of an antitrust lawsuit against Facebook, a good amount of the tech sector rose. Both the S&P and the Nasdaq reached new record highs—again. Bonds were bought, pushing the 10-year yield lower, probably supporting equities advances upwards. It’s interesting to see both the dollar and gold pretty much stuck in their current range.

Today has been a slow grind higher and has seen BTC approach the resistance level of $36,400, which also represents the middle of our trading range. On-chain activity has picked up, with the hashrate, block times, and active addresses all showing a rebound from the weakness we highlighted yesterday.

With fears about inflation tamed somewhat, investors continued to buy equities at the expense of other assets.

Over the previous two weeks, I have described the current outlook for Bitcoin as one thing: 'range-y.' I'm not sure if that's actually a word, but the message should be clear. We are lacking the required on-chain activity to suggest that Bitcoin is lagging behind a higher fair value. The Chinese FUD evolved into actions, rather than repetitive words, and Bitcoin's hash-rate is undergoing a generational migration from China to more welcoming shores.

After a week in the red, we are kicking off this week’s news review by going green.

Yesterday’s session was dominated by optimism regarding a bipartisan bill in the US aimed at massive infrastructure spending.

Yesterday, a continuation of the previous session’s narrative took place. Many investors were soothed by comments from the Fed on inflation risks being tamer or more temporary than expected.

In the US, the Fed has changed their tune slightly regarding interest rates and inflation, appeasing many investors that were spooked by earlier comments.

Today had all the makings of a -20% day. Happily, for now, prices have bounced from sub $30,000 and are resting, perilously, on what can only be described as last chance saloon support.

It’s a feel-good day in traditional markets but not so much in crypto markets. With the dollar retracing on the previous session’s gains, equities bounced back up strongly, along with gold and oil. Other commodities like copper or lumber are still very much down but have stopped their descent for now.

In case it slipped your mind, China is not fond of Bitcoin. Today, just as the market hovered above support, we were given a timely reminder of this.

Last Friday, in traditional markets, we saw a pretty strong risk-off session. As it had in the previous sessions, the dollar index rose, and, with a stronger dollar, equities looked more expensive and were sold further.

Welcome to the Weekender: your weekly round up of all the news stories that you, our readers, deemed worthy of attention. The biggest story of the week is quite clearly the announcement that Diginex, along with our crypto exchange, EQUOS, has re-branded to EQONEX.

Investors seem to be finding ground after the previous session’s sell-off. The latter was triggered by the more hawkish stance from the Fed, announcing raising rates sooner than investors expected.

This could be a long summer. Normally, such news is welcomed, but for Bitcoin traders, this continued sideways price action will become boring very quickly.

Ethereum is preparing to undergo the most significant update in its history when it shifts from Proof-of-Work (PoW) to Proof-of-Stake (PoS) as part of the long-awaited ETH 2.0 upgrade.

From the bizarre to the brilliant, this is your one-stop bitesize collection of all the weekly crypto news.

Bitcoin has tracked sideways at the upper end of the trading range again today, as the market awaits the latest federal reserve policy update.

The Fed meeting that kept investors uncertain brought a bit more clarity yesterday. Unfortunately for holders of risk, the message is hawkish, and signals interest rates might rise at a faster pace than expected.

EQONEX is a cryptocurrency exchange focused on offering innovative products and services that are compliant, fair, and trusted.

This is just the beginning.

If you’re looking at traditional markets and wondering what’s driving them, it seems that the Fed meeting is driving things.

With investors looking at the next Fed monetary policy meeting, equity indexes rose yesterday. The S&P reached new records while the Nasdaq closed within 20bps of the all-time high.

An interesting thing happened today... No, not a tweet from the Lord of the Doge, an actually interesting thing: The increase in Covid infections in the UK have left the plan for the lock-down ending on June 21st in tatters.

On Monday, a US government taskforce recovered $2.3 million in crypto from the Colonial Pipeline attack last month.

Welcome to the Weekender: Your weekly round up of the most viewed stories of the week, as voted by you, our readers. This week has seen the negative news flow replaced with tales of adoption, it appears the central bankers, country leaders, and the financial institutions have all agreed: Digital finance is here to stay.

Halvings are strongly associated with price cycles in cryptocurrencies and form an intriguing part of Bitcoin’s economic model. But what are they, and why do they happen?

Yesterday, the US reported CPI data—an index calculating the price increase or decrease of a basket of goods. The number is higher than expected and indicates inflation is picking up.