Zcash (ZEC) was treading a bearish route along with other altcoins, having shaved off as much as 14% in the past week. Zcash loses 14% last week but opens up an increased buying opportunity Awesome Oscillators looks bullish ZEC’s RSI at 42 On-chain metrics have shown a glimpse of a buying opportunity with a hint …
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Do Kwon, the co-founder of the Terra ecosystem, took to Twitter on Saturday asserting he’s “not ‘on the run’ or anything similar” after the Singapore Police Force (SPF) said Kwon wasn’t in the city-state. On Sept. 14, South Korean authorities issued an arrest warrant for Kwon and five other associates for alleged violations of the …
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The chief executive of crypto derivatives exchange FTX says that the company still has a sizable amount of cash left to burn on acquisitions. In a new interview with CNBC’s Squawk Box, FTX CEO Sam Bankman-Fried says the firm still has about $1 billion in cash on the sidelines ready to help ailing crypto firms. …
The S&P 500 and the Nasdaq Composite index suffered their worst weekly performance since June as investors remain concerned that the Federal Reserve will have to continue with its aggressive monetary policy to curb inflation and that could lead to a recession in the United States. Bitcoin (BTC) remains closely correlated to the S&P 500 …
Continue reading “Here is why a 0.75% Fed rate hike could be bullish for Bitcoin and altcoins”
Cardano (ADA) founder Charles Hoskinson has called Ethereum (ETH) the “Hotel California of Crypto” in response to a tweet that claimed that ETH staking withdrawals might be delayed beyond the Shanghai upgrade. The Hotel California song is about a prison where no one escapes from. Ethereum is becoming the Hotel California of Crypto https://t.co/oRUw4kxvfS — …
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The U.S. Department of Justice (DOJ) has established the nationwide Digital Asset Coordinator Network of over 150 federal prosecutors. The authority explained that the new network will further its “efforts to combat the growing threat posed by the illicit use of digital assets to the American public.” US Government’s Digital Asset Coordinator Network The U.S. …
Bitfarms, a global Bitcoin mining company, has started operations in its mining megafarm located in Argentina. The farm, launched on September 16, is currently generating 10 megawatts (MW) of mining power during the first phase and will scale operations to be fully operational next year. Bitfarms estimates it will contribute 50 MW to fulfill the …
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Since the Terra stablecoin fiasco in May, the top stablecoins by market capitalization dropped 10.66% from $171.37 billion to today’s $153.09 billion. During the last two months, the top stablecoins by market capitalization have seen little growth remaining at $153 billion since mid-July. For More Than 2 Months Stablecoin Market Caps Stagnate Seeing Little Growth …
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Popular crypto analyst Benjamin Cowen says that he expects Ethereum (ETH) to witness significant levels of pain as Bitcoin (BTC) and the equities market hint at downward moves. In a new strategy session, the technical analyst tells his 768,000 YouTube subscribers that the NASDAQ, S&P 500, Bitcoin and Ethereum all look ready to at least …
The U.S. Securities and Exchange Commission (SEC) is reportedly complicating matters for lenders in the crypto industry with some of its guidelines. According to a report from Reuters, multiple large lenders from banks such as U.S. Bancorp, Goldman Sachs and JPMorgan Chase & Co are having trouble getting into the digital asset space because of …
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Decentralized Autonomous Organizations (DAOs) have been heralded as the future of governance, unlocking a more egalitarian approach to decision-making. However, decentralizing leadership isn’t a magical solution that instantly leads to better results. To truly get the most out of a decentralized organization, steps must be taken to regulate weighted voting and tokenomics. If not carefully …
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Do you believe that in five years every second transaction in e-commerce will be settled on blockchain? No? Well, that’s what people thought of plastic credit cards versus cash a few decades ago when it came to traditional stores. There is no doubt that Web3 will drastically transform the way e-commerce operates. Using cryptocurrency payments …
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The Bitcoin price prediction reveals that BTC may likely head to the downside as its price moves below $20,000. Bitcoin Prediction Statistics Data: Bitcoin price now – $19,913 Bitcoin market cap – $378 billion Bitcoin circulating supply – 19.1 million Bitcoin total supply – 19.1 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Ranging …
The Terra Classic (LUNC) Coin has failed to halt its bearish rally and has plummeted below $0.0003052. The price of Terra Luna Classic (LUNC) has dropped to a low of $0.0002952 after a South Korean court issued an arrest warrant for Do Kwon, the co-founder of the now-defunct stablecoin issuer Terraform Labs, which is to …
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The bears are dominating SHIB market SHIBUSD Price Analysis – September 18 Further increase in the sellers’ momentum may break down $0.000011, $0.000010 support levels and the resistance level of $0.000009 may be tested. In case the buyers defend the support level of $0.000011, SHIB may reverse and penetrate $0.000012 upside, $0.000013 and $0.000014 may …
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