Altcoins have taken over bitcoin in terms of outperformance this month. While the crypto market as a whole has suffered losses, bitcoin has declined more in a time when the digital asset would have served as safe haven for investors. Now, with altcoins taking the lead in terms of recovery, it points to the downtrend …
Continue reading “Altcoins Outperform Bitcoin In August Rollercoaster”
The price of Bitcoin (BTC) has continued to struggle against Tether (USDT) as bulls and bears are caught in a tug of war regarding where Bitcoin price should be headed as we approach the monthly close. Bitcoin’s (BTC) price showed so much steam, but it seems like it was just a bull trap for many …
Continue reading “Tug Of War Between Bulls And Bears, Will Bitcoin Price Retest $19,000?”
Data shows the crypto market has been deep into fear recently as the price of Bitcoin has struggled, but sentiment is still not inside extreme fear. Crypto Fear And Greed Index Shows Investors Are Fearful Right Now According to the latest weekly report from Arcane Research, the crypto market sentiment has remained stable in deep …
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PancakeSwap (CAKE) most recent recovery sped up its bullish momentum as shown in the daily 20 and 50 EMA. PancakeSwap looking bullish CAKE price plunges 3.25% DMI shows neutral With the current economy of cryptocurrencies, traders need to know when it’s time to dip their toes and carve their potential to become millionaires. The ensuing …
Continue reading “PancakeSwap Adds Some Sweetness, Expands 6% In Last 7 Days”
After much speculation, the wallet hodling more than 22 billion of Axie Infinity’s total supply of in-game token Smooth Love Potion (SLP) has been identified as an address belonging to Binance. The wallet was first highlighted by Axie Infinity player and tech co-founder Michael Benko, who raised concerns about it having over 50% of SLP’s …
Continue reading “Solved! Mystery owner of the huge Axie Infinity SLP wallet is revealed”
Luxury brand Hermès is laying the groundwork for its entrance to Web3 after filing a trademark application covering NFTs, cryptocurrencies, and the Metaverse. According to an Aug. 26 filing to the United States Patent and Trademark Office (USPTO), the trademark covers downloadable software to view, store and manage virtual goods, digital collectibles, cryptocurrencies, and NFTs …
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A popular crypto strategist is issuing an alert to Ethereum traders, saying ETH’s recent rally is not the same as last year’s bull run. Pseudonymous analyst Rekt tells his 327,800 Twitter followers that while Ethereum managed to stay above support at $1,500, he believes ETH will likely resume its downtrend after a bounce. “If ETH …
A US Congressman from Illinois is asking prominent federal agencies and crypto exchange platforms for information on how they combat digital asset fraud. In a new press release, Representative Raja Krishnamoorthi requests information from Coinbase, Kraken, Binance, FTX, and KuCoin on what they are doing to protect American investors from crypto scams. Krishnamoorthi also sent …
A popular crypto analyst says that smart contract platform Cardano (ADA) is set to outperform Bitcoin (BTC) in the short term as traders look to hedge against Ethereum’s (ETH) upcoming transition to proof-of-stake. In a new video update, the host of Coin Bureau tells his 2.1 million YouTube subscribers that he views ETH competitors as …
The decentralized application industry pushed above $40 billion in smart contract deposits in February 2021, and currently the figure stands at $59 billion. To date, “real money” continues to flow into the sector, and on Aug. 29, gaming startup Limit Break raised $200 million. The project gained popularity after the successful launch of its DigiDaigaku …
Bitcoin (BTC) price continues to struggle at $20,000 and repeat dips under this level have led some analysts to project deeper downside in the short-term. Earlier in the week, independent market analyst Philip Swift tweeted that the Crypto Fear and Greed Index had dropped back to back to “Extreme Fear,” reflecting softening sentiment among investors. …
On Aug 29, Facebook and Instagram’s parent company Meta announced that its users will now be able to post digital collectibles and Non-Fungible Tokens, or NFTs, across both platforms by simply connecting their digital wallets to either site. We’re introducing the ability to post digital collectibles across @facebook and @instagram. You can now connect your …
According to Flow, a digital engagement layer-1 blockchain created by Dapper Labs, Live Nation’s subsidiary Ticketmaster has unveiled nonfungible tokens (NFTs) tickets for event organizers minted on its blockchain. The primary purpose of the NFT tickets will be for commemorative value. But aside from being used as mementos, they can also be used as proof of …
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The Bitcoin price prediction shows that BTC is following the bullish movement as the king coin heads to the upside. Bitcoin Prediction Statistics Data: Bitcoin price now – $20,208 Bitcoin market cap – $386.3 billion Bitcoin circulating supply – 19.1 billion Bitcoin total supply – 19.1 billion Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: …
Continue reading “BTC Reclaims $20K; TAMA to Experience Inevitable Growth”
Israeli-based cyber threat intelligence firm, Check Point Research (CPR) unmasked a malicious crypto mining malware campaign dubbed Nitrokod as the perpetrator behind the infection of thousands of machines across 11 countries in a report published on Sunday. Crypto miner malware, also known as cryptojackers, is a type of malware that exploits the computing power of …
