The CEO of crypto fund Pantera Capital, Dan Morehead, believes the worst of the crypto downturn may be over. Morehead, whose firm manages assets totaling approximately $5.1 billion, says the worst of the crypto crash occurred in May and June when the stresses in the system peaked. “I think we’re really close to the end. …
Monthly archives: July 2022
Crypto pumps after Fed rate hike, Zuckerberg pins hopes on Metaverse making hundreds of billions and Tesla posts $64M BTC gain: Hodler’s Digest, July 24-30
Coming every Saturday, Hodler’s 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 ‘Bullish rate hike’ — Why crypto spiked in the face …
Bitcoin Price Prediction for Today, July 29: BTC Ready to Spike Above $25,000
The Bitcoin price prediction shoots above $24,000 as bulls are ready to blow hot doing a little to flip the market sentiment at this stage. Bitcoin Prediction Statistics Data: Bitcoin price now – $24,450 Bitcoin market cap – $466.5 billion Bitcoin circulating supply – 19.1 billion Bitcoin total supply – 19.1 billion Bitcoin Coinmarketcap ranking …
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FIL/USD Value Prediction for July 31st: Filecoin is Bullish
Filecoin’s massive gain of around 30% in value, and the nice performances could be telling something. This could be indicating that some strength is returning to the cryptocurrency market, following the prevalent dismal performance in the past few months. Nevertheless, the FIL/USD market looks interesting, and let’s take a closer look at it. FIL price …
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Crypto Futures Exchange CoinFLEX To Lay Off Employees As It Fights Legal Battle With ‘Bitcoin Jesus’
Embattled crypto derivatives exchange CoinFLEX is announcing employee layoffs amid a legal battle with ‘Bitcoin Jesus.’ In a new blog post, CoinFLEX says it is laying off a significant number of employees across the board as a means of reducing overhead costs. “We, unfortunately, had to let go of a significant number of the CoinFLEX …
Metaverse branding’s success depends on its underlying purpose
The growing popularity of the metaverse is driving brands from across sectors to build a presence in the space. The move to the metaverse is understandable, given that Gartner predicts around a quarter of the world’s population will be spending at least an hour in the metaverse every day for work, shopping, education, and entertainment …
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How short-term Bitcoin holders invest differently to long-term holders according to on-chain data
Looking at on-chain data shows apparent differences in how short-term and long-term holders invest in Bitcoin. Short-term holders have been mainly buying between the $17k – $48K levels, whereas long-term holders are strong up to $60k. We can analyze some key graphs to understand the data better. UTXO Realized Price Distribution (URPD) shows at which …
Do Kwon, Terraform Labs Face Class-Action Lawsuit for Allegedly Selling Unregistered Securities
While most of the crypto economy’s digital assets have seen significant gains this month, Terra’s luna 2.0 has been stagnant as it has shed 24.37% against bitcoin during the last 30 days. LUNA is down 89.8% from the token’s all-time price high two months ago on May 28. Moreover, the whistleblower Fatman has revealed that …
Biggest Movers: FIL up 25%, as DOT Surges to 6-Week High on Saturday
Filecoin was one of Saturday’s biggest gainers, as prices rose by as much 24% to start the weekend. The move saw the token reach its highest point since early June, and comes despite cryptos being mostly in the red in today’s session. DOT was also higher, as it too hit a multi-week high. Filecoin (FIL) …
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Funko Partners With Entertainment Giant Paramount to Drop Avatar Legends NFTs
On July 29, the pop-culture consumer products firm, Funko, announced that the company has partnered with the multinational mass media and entertainment corporation Paramount Global. The two corporations plan to introduce a series of non-fungible tokens (NFTs) based on the Avatar Legends universe. The latest Avatar Legends Digital Pop release from Funko will drop on …
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Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate to Start the Weekend
Following strong gains on Friday, bitcoin was consolidating under a key resistance level to start the weekend. Bulls opted to secure gains as price uncertainty heightened in crypto markets, which as of writing are down 1% on the day. Ethereum was also marginally lower in the session. Bitcoin After strong gains on Friday, bitcoin (BTC) …
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Binance Coin Price Prediction for Today, July 30: BNB Heightens Forces
Binance Coin Price Prediction – July 30The Binance Coin market activity heightens forces in a rallying motion to outpace the market worth of the US Dollar. Price has been trading between $213.67 and $301.21 value lines over the last thirty days. The crypto economy is around $297 at a positive percentage of 1.23. Binance Coin …
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Bitcoin (BTC) Likely To Pull Off Disbelief Rally in Face of Economic Recession, According to CoinShares
A leading digital assets manager believes that a cloudy financial outlook for the United States could be bullish for Bitcoin (BTC). In a series of posts, CoinShares explains how a confluence of economic factors and government policy decisions are likely to see Bitcoin’s performance diverge from other investment assets as the reality of a recession …
Can blockchain be used without cryptocurrency?
A blockchain without cryptocurrency is a distributed ledger that stores data associated with nonfungible tokens (NFTs), supply chain initiatives, the Metaverse and more. Even though Bitcoin (BTC) is the most known application of a decentralized ledger or blockchain, there is a wide range of other uses of blockchain technology. For instance, blockchain technology can be …
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Historically accurate Bitcoin metric exits buy zone in ‘unprecedented’ 2022 bear market
Bitcoin (BTC) is enjoying what some are calling a “bear market rally” and has gained 20% in July, but price action is still confusing analysts. As the July monthly close approaches, the Puell Multiple has left its bottom zone, leading to hopes that the worst of the losses may be in the past. Puell Multiple …