A leading analytics firm says that the Bitcoin (BTC) futures market is flashing a reading that has previously marked market bottoms. IntoTheBlock reveals that Bitcoin is witnessing steep backwardation, a condition where BTC futures contracts are priced significantly lower than the value of the king crypto in spot markets. According to the analytics firm, backwardation …
Monthly archives: November 2022
Bitcoin mining revenue lowest in two years, hash rate on the decline
The revenue earned by Bitcoin (BTC) miners fell to two-year lows owing to poor market performance and a heavier computational demand amid rising network difficulty. However, an ongoing downturn in the Bitcoin hash rate over the past month has allowed miners to recoup losses. The total Bitcoin mining revenue — block rewards and transaction fees …
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Is Litecoin Pumping a Good Sign for Crypto Prices or Bad
The crypto market is experiencing its first rally in over a month. This is good news for investors, but there are still some questions as […] Go to Source
Have Ronaldo and Messi Invested in Crypto and NFTs?
This weekend marked the beginning of the 2022 FIFA World Cup in Qatar. Millions of soccer fans will not only be able to get their […] Go to Source
Calvaria has only 24% Of Tokens Left — Presale Ending Soon?
Currently, in its fourth fundraising round, the token is priced at $0.025 and has already raised over $2 million. The token’s price was originally planned […] Go to Source
Regulation of cryptocurrencies in Canada: a digital dollar, stringent licensing, and Bitcoin ETFs
In October, the Investment Industry Regulatory Organization of Canada registered Toronto-based Coinsquare as the country’s first cryptocurrency trading company (IIROC). This is significant since Coinsquare […] Go to Source
Lucky Block V1 Price Prediction: LBLOCK V1 Continues to March Higher above $0.0001600
Price movements in Lucky Block Market has eventually broken the resistance of $0.0001600 as predicted. Also, price action has continued to move higher towards a […] Go to Source
UNUS SED LEO Prediction Today, November 27, 2022: LEO/USD Attempting a Trend Reversal
Ever since price action in the UNUS SED LEO price fell under the $4.4 mark, it has since then traded below this level. Furthermore, there […] Go to Source
Crypto entrepreneurs try to woo Elon Musk with $600,000 goat statue
Late last year, Kevin Stone received a call asking if he could create a statue of a huge goat with Elon Musk riding a rocket […] Go to Source
Bitcoin and Ether Are Not Securities in Belgium, Financial Regulator Clarifies
Cryptocurrencies like bitcoin and ether cannot be classified as securities or investment instruments, according to a communication issued by the financial watchdog in Belgium. The authority has tried to clarify the matter, noting that the digital coins may be subject to other regulations. FSMA: Securities Laws Do Not Apply to Bitcoin and Other Decentralized Cryptocurrencies …
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Elon Musk Plans to Launch Alternative Phone if Apple, Google Boot Twitter off Their App Stores
Tesla CEO and Twitter boss Elon Musk says he will make an alternative phone if Apple and Google boot Twitter from their app stores. Many people want him to go ahead with a phone launch even if Apple and Google do not deplatform Twitter. Elon Musk Could Launch Alternative Phone to Compete With Apple and …
Robert Kiyosaki: I’m Still Bullish on Bitcoin — Crypto Cannot Be Blamed for FTX Collapse
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, is still bullish on bitcoin despite the collapse of crypto exchange FTX. He stressed that the cryptocurrency cannot be blamed for the actions of former FTX CEO Sam Bankman-Fried. Robert Kiyosaki Still Bullish on Bitcoin The author of Rich Dad Poor Dad, …
After More Than 380 Days, Crypto Supporters Celebrate Surviving the Second-Longest Bitcoin Bear Market
On Saturday, members of the forum r/cryptocurrency discussed how the current bear market is now the second-longest bear market in the history of bitcoin prices. According to the forum post, the current crypto winter has lasted more than 380 days, just below the longest bitcoin downturn that took place during the 2013-2015 bear market, which …
Binance Price Prediction Today, November 27, 2022: BNB/USD Breaks to the Upside
Price in the Binance Coin market has gained significant upward momentum. This is seen as the price broke the long-standing $300 resistance. Additionally, price movements […] Go to Source
After the FTX Crisis, crypto marketers are looking for a new sales strategy
Large portions of the cryptocurrency community are now in a state of starvation and sorrow as a result of the FTX crypto exchange’s unexpected billions […] Go to Source