Ethereum could re-test its support zone as the general sentiment in the crypto market hints at further losses. The second crypto by market cap has been leading this current rally with Solana (SOL), Avalanche (AVAX), and other large cap cryptocurrencies. Related Reading | Arthur Hayes’ Crystal Ball Predicts: Ethereum To 5 Digits In the coming …
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On-chain data shows the Bitcoin monthly outflows have recently reached values only seen a few times before in the crypto’s entire history. Bitcoin Exchange Outflows Now Have A Value Of 96.2k BTC Per Month According to the latest weekly report from Glassnode, a historically high amount of BTC has exited all exchange wallets recently. The …
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Bitcoin and the crypto market have seen downside price action on shorter timeframes. The first crypto by market cap has been trading in a tight range this week with sudden spikes in volatility impacting smaller cryptocurrencies. Related Reading | Dogecoin Soared After Elon Musk Bought 9.2% Of Twitter, What’s Next? Momentum seems to be favoring …
Continue reading “Crypto Fear And Greed Turns Neutral, What’s Next?”
Another day, another MicroStrategy bitcoin buy. The Michael Saylor-led company is relentless in its BTC accumulation strategy. In a similar position, the bitcoin mining giant Marathon Digital Holdings doubles down on its no-selling policy. Which is also a BTC accumulation strategy. Will these two giants go down in history as pioneers? Related Reading | Treasury …
Continue reading “MicroStrategy Acquires 4,167 BTC And Marathon Holds 1,259 Self-Mined BTC”
Bitcoin miner Marathon Digital Holdings plans on taking a big step toward carbon neutrality with plans to transition its Montana mining facility to use sustainable power sources elsewhere. The Nevada-based company intends on relocating its coal-powered Hardin, Montana facility to a location that uses sustainable, non-carbon emitting energy sources. The move is aimed at helping …
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Thriving as one of the most renowned accounting firms in the world, PwC has released the annual index of CBDC and stablecoin projects offering an insight into the fast-growing industry. During the release, the team of analysts from PwC revealed that a majority of central bank institutions are planning to launch a Central Bank Digital …
ARK Invest founder Cathie Wood says she views Bitcoin (BTC) as a “disruptive innovation” in line with corporate giants like Amazon, Apple and Tesla. In a new YouTube video, Wood explains how recent history shows that disruptive tech eventually explodes in market capitalization despite doubts from investors. “I can’t tell you how many times the …
Crypto skeptic and JPMorgan CEO Jamie Dimon says there is validity and utility behind blockchain technology and decentralized finance (DeFi). In a new letter to shareholders, Dimon says JPMorgan is at the forefront of innovative blockchain technology. “We now process payments for eight of the top 10 global Big Tech companies (up from three out of …
It all started with a tweet by Dennis Porter, podcast host and self-described Bitcoin advocate, that led to a heady discussion about renewable energy and the role of Bitcoin miners. Porter asserted that Bitcoin (BTC) creates incentives to build out renewables, but environmental scientist Peter Gleick rebuffed the statement as a “self-serving lie.” The comments …
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The European Commission is calling for financial services specialists to weigh in on the potential rollout of a digital euro. In a Tuesday notice, the European Commission’s Directorate‑General for Financial Stability, Financial Services and Capital Markets Union said it would be preparing an assessment of the central bank digital currency based on the expected impact …
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Bitcoin Price Prediction – April 5 The Bitcoin price prediction shows that BTC keeps trading below the 9-day moving average as the coin touches $45,475 support. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $51,000, $53,000 $55,000 Support Levels: $42,000, $40,000, $38,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is facing a …
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sponsored (Link to full roadmap here: roadmap.pointnetwork.io) With “web 3.0” suddenly upgrading from an obscure area of research to a hot topic of mainstream conversation and a significant part of the 2020-s zeitgeist, more and more questions arise about the nature of the beast. Is “Web3” going to stay a vague and undefinable term, or …
Morena Valdez, the tourism minister of El Salvador, has spoken on the recovery the tourism sector of the country has reportedly experienced even after the Covid-19 pandemic. According to Valdez’s statements, tourism has greatly benefited from the introduction of bitcoin as legal tender in the country, and from the foreigners that come to the country …
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Law enforcement agencies in Germany have targeted Hydra, a leading darknet market (DNM). As part of an operation conducted with U.S. support, the German police were able to establish control over the servers of the Russian-language platform in the country and take down its website. Investigators Hit Hydra in Germany, Confiscate Millions in Crypto Hydra …
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According to a recent study analyzing Google Trends data, the cryptocurrency dogecoin’s search volume in the United States was highest in the most states as compared to other cryptos. The research also details that the leading crypto asset in terms of market capitalization, bitcoin, was the second most popular crypto asset, with ten different states. …
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