Bitcoin (BTC) and Ether (ETH) have started showing “remarkable” bullish divergences that echo the start of bullish price trends. That’s according to the latest data collected by on-chain analytics firm Glassnode this week. BTC, ETH data mimics “mid to late 2020” In its latest weekly report, “The Week On-chain,” Glassnode revealed that while price action remains …
Yearly archives: 2021
MUFG boosts its crypto exposure following $41M Zipmex funding round
Thailand’s Bank of Ayudhya (BAY) – in which Mitsubishi UFJ Financial Group (MUFG) holds a 76.9% stake – participated in the latest funding round for the Asia-Pacific-focused crypto exchange Zipmex. The $41 million raise, which saw the participation of two publicly traded Thai media firms and overseas VC funds in addition to BAY, accounts for the …
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Tennis star Naomi Osaka shows interest in Dogecoin, launches NFT
Naomi Osaka, a top professional tennis player from Japan, has been open about diversifying her investments in cryptocurrency after noticing the hype around Dogecoin (DOGE), which was primarily led by Elon Musk. In a recent Bloomberg interview, Osaka revealed that she has been in talks with her agent about cryptocurrencies after reading about Dogecoin and …
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Bitcoin Bowl Ratings: Game Wins the Night as Highest-Rated Primetime Cable Program
NEW YORK, 2014 (InsideBitcoins) – The ratings are in and the news is good for the BitPay-sponsored Bitcoin St. Petersburg Bowl. According to Nielsen Data, the leading provider of audience measurement information, the bowl game garnered an audience of 3.3 million viewers. Nielsen Data also told Inside Bitcoins that the broadcast drew nearly 1 million viewers …
Analysts: Bitcoin ‘whale’ behaviour that preceded April’s $64,000 high is back
Holders of massive amounts of Bitcoin (BTC) are continuing to buy the asset regardless of the recent dip in crypto markets, data from several sources shows. Some analysts say such investment behavior is what precedes bull runs, hinting that another may be on the cards in the next few months. Such holders—colloquially known as ‘whales’ …
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Cardano (ADA) infrastructure is ‘green and go’ ahead of smart contracts launch
Cardano’s (ADA) creator Charles Hoskinson announced that the platform is ready for the last stage preceding the final launch of the full smart contract compatibility on the mainnet. As the network steadily and without delay approaches the major upgrade completion, Hoskinson continues with regular updates, keeping the Cardano community in the loop about the Alonzo …
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Annual US Dollar Remittances to Nigeria Surge to $34 Billion but Forex Woes Persist
According to a report, the value of annual dollar remittances by Nigerians working abroad has surged to $34 billion, a figure that easily surpasses the previous record-high of $25 billion. Still, a large portion of the funds doesn’t seem to be entering domestic forex markets. Target Attained Two Years Ahead of Schedule The increase, which …
Defi Platform Cream Finance Hacked, $29 Million Lost
Cream finance, a defi borrowing and lending protocol, has been the victim of a hack that erased more than $29 million from its vaults. The attacker took advantage of a loophole in the implementation for adding the amp token to the protocol. This is the second time the platform has been involved in a hack. …
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British Auction House Christie’s to Present Full Set of NFT Curio Cards on October 1
The British auction house Christie’s has been immersed in the non-fungible token (NFT) art and collectibles industry for quite some time. Christie’s has auctioned blockchain-backed items like Block 21 of “Portraits of a Mind,” Cryptopunks, and Beeple’s NFT that sold for more than $69 million. On October 1, Christie’s plans to sell a set of …
5 Best Cryptocurrency To Buy On Low Prices September 2021 Week 1
The cryptocurrency market has remained flat after its recent small drop. Its total value now stands at $2.05 billion according to CoinMarketCap, having been $2.128 on Sunday. This is a fall of 3.6%, with a number of major coins falling by similar percentages over same couple of days. However, not every cryptocurrency has dropped recently, …
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Bitcoin To ‘Go Nuts’ in November!
Widely followed on-chain analyst Willy Woo predicts Bitcoin will ‘go nuts’ in the coming months as long-term holders continue to accumulate the leading cryptocurrency. In a new episode of the What Bitcoin Did podcast, Woo says that long-term holders, or entities that have kept their BTC dormant for at least five months, will make their …
Retirees in El Salvador protest against Bitcoin adoption
Amid El Salvador preparing to officially enforce the country’s Bitcoin (BTC) law in early September, Salvadorans took to the streets to protest over the adoption of BTC as an official currency. El Salvador’s anti-Bitcoiners have expressed discontent regarding the government’s plans to adopt Bitcoin as legal tender, with hundreds of protesters marching through the capital …
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Three Arrows Capital execs launch NFT fund
Executives hailing from Singapore-based fund manager, Three Arrows Capital (3AC), have launched a fund focused on collecting premium digital art in the form of nonfungible tokens (NFTs). The fund, dubbed Starry Night Capital, was founded by Three Arrows Capital’s CEO, Su Zhu, 3AC co-founder, Kyle Davies, and the pseudonymous NFT collector, Vincent Van Dough. Van …
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Tezos Pops As Bitcoin Pushes Against $50K – eToro Crypto Roundup
NFT mania drives 35% gains for smart contract platform. After briefly crossing $50K, Bitcoin traded sideways last week as the crypto market fell into a late summer lull. Smart contract platforms, which are benefiting from the booming trade of collectible avatars in the NFT market, were the biggest gainers. Though Ethereum stayed flat, Cardano hit …
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SBF promotes efficiency of ‘misunderstood’ crypto derivatives
The chief executive of crypto derivatives exchange FTX, Sam Bankman-Fried (SBF), has argued that derivatives are vital for the efficiency of the digital asset markets. In an interview with Forbes published Aug. 30, the crypto billionaire claimed that crypto derivatives are “misunderstood,” asserting that critics fail to recognise the vital role derivatives play in bolstering …
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