Bitcoin traders are sitting on their hands after spotting a death cross on the daily chart but could this be a buy signal for contrarian investors? Bitcoin’s (BTC) succession of sharp corrections from its all-time high at $64,900 has turned investor sentiment negative, at least for the short-term. While some analysts believe the bottom may …
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Nvidia’s new Voyager campus is serving as a test ground for what it will look like when then Metaverse meets the physical world. One of the most powerful men in tech thinks that the metaverse — a term for a series of interlinked, persistent virtual worlds with self-contained economies — is just around the corner. …
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Bulls and bears are equally nervous about the possible outcome of the June 25 $1.5 billion Ethereum options expiry. On June 25, Ether (ETH) will face its largest options expiry in 2021 as $1.5 billion worth of open interest will be settled. This figure is 30% larger than March’s 26 expiry, which took place as …
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Bitcoin Price Prediction – June 12 The Bitcoin price is spreading the bearish move to areas just below $35,000 after numerous attempts to hold gains above $37,500. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $42,000, $44,000, $46,000 Support Levels: $30,000, $28,000, $26,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD falls below …
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The popular Twitter account and creator of the bitcoin stock-to-flow (S2F) price model explained that “$288K [is] still in play.” Meanwhile, data from the exchange Deribit shows there’s 425 bitcoin call options with a strike price of $200K set for December 31, 2021. Plan B Says: ‘$288K Still in Play’ On June 12, 2021, while …
The ‘Speedy Trial’ lock-in period for the Bitcoin network upgrade Taproot is now complete. Data from taproot.watch details the lock-in has been achieved and it was locked in at block height 687,285 and mined by the mining pool Slushpool. Bitcoin Taproot Lock-in Complete at Block Height 687,285 Taproot is coming this November as the web …
The Federal Bureau Investigation (FBI) is under fire for an alleged unconstitutional seizure of 800 safety deposit boxes in Beverly Hills. According to reports, the FBI confiscated $86 million in cash, jewelry, and thousands of gold and silver bars. Box holders and their lawyers are calling out the federal law enforcement agency for lacking sufficient …
Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link. Top Stories This Week Bill to make Bitcoin legal tender passes in El Salvador …
Nexo believes that in the long run, regulation will help crypto more than hurt. While decentralized finance has stolen the show with big-number headlines over the past year — the closely-watched Total Value Locked (TVL) figure notably growing nearly 800%, rising from $20 billion at the start of 2021 to $157 billion at May peaks …
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Compounding modest gains is a key strategy for successful crypto traders — LUNA doesn’t have to go to the moon to help profits rocket. Consistency is not generally a hallmark of crypto asset price movements. In a market characterized by volatility, outliers often become the norm — while even macro analysis of large cap assets …
GME and AMC push to greater highs on the back of memes as correlations with crypto begin to emerge. This year, stocks like the movie theater chain AMC Entertainment and video game retailer GameStop (GME) have been the vehicle for individual retail traders to show their dissent against the so-called “free market.” Starting in late …
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Tron’s daily active users have hit a new all-time high of 5.26 million At the same time, Tron’s total daily transaction count has also hit a new all-time high of 6.22 million Unique addresses on Tron have also reached an all-time high of 38.58 million The 200-day moving average is currently providing TRX with adequate …
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Internet Computer (ICP) is in the hands of the community which controls 60% of the network’s voting power The DFINITY Foundation and the Internet Computer Association will never hold more than 50% of the network’s voting power The community will gather more voting power as more tokens are distributed ICP has dropped out of the …
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The Basel Committee on Banking Supervision has proposed dividing crypto assets into two groups and regulating them based on their market, liquidity, credit, and operational risks to banks. Cryptocurrencies, such as bitcoin, will be subject to “a new conservative prudential treatment.” Crypto Regulation Proposed by Basel Committee on Banking Supervision The Basel Committee has proposed …
The Texas Department of Banking has announced that state-chartered banks can provide cryptocurrency custody services. “The Texas Department of Banking believes that the authority to provide these services with respect to virtual currencies already exists,” the banking authority said. Texas State-Chartered Banks Officially Authorized to Offer Crypto Custody Services The Texas Department of Banking issued …
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