The crypto strategist who nailed the end of Bitcoin’s (BTC) bull market last year says one Ethereum (ETH) rival is gearing up for a rally. The pseudonymous analyst known in the industry as Pentoshi tells his 660,100 Twitter followers that smart contract platform Avalanche (AVAX) looks bullish on the lower timeframes. “Bought some AVAX. Will …
Yearly archives: 2022
Bybit announces second round of layoffs in 2022 to survive bear market
Yes, the bear market weeds out the bad actor, but it also forces the existing players to rethink their business strategies to offset resultant losses. In this effort, crypto exchange Bybit announced mass layoffs for the second time in 2022. Ben Zhou, the co-founder and CEO of Bybit, announced a reorganization plan amid a prolonged …
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Tamadoge Price Prediction for the 3rd of December: The Bullish Movement to Continue on TAMA
Both the 2 market players in the Tamadoge trading session for today are actively contending for the price. In the early hours of today, the intensity […] Go to Source
How did the FTX collapse impact the Web3 gaming industry?
The FTX collapse impacted the whole crypto ecosystem, but this might have been deeply felt in Web3 gaming because of the ties between Solana and FTX. Some believe the collapse will bring more attention to decentralized projects, while others think GameFi relies on centralization to attract Web2 gamers. On Nov. 24, Tegro Earn hosted a …
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Bitcoin flashes another bottom signal as aSOPR hits lowest since 2018
On-chain data shows Bitcoin holders have capitulated more than any time in the last five years 2 min read Updated: December 4, 2022 at 10:56 am Cover art/illustration via CryptoSlate The Adjusted Spent Output Profit Ratio (aSOPR), a metric that indicates whether holders are selling at a profit or loss, recorded a downward trajectory below …
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Nobel Prize Laureate Paul Krugman Warns of an Eternal Winter for Blockchain
Nobel Prize-winning economist Paul Krugman has warned about the possibility of a perennial winter for blockchain projects, including crypto. In a recent article published in the New York Times (NYT), the economist criticizes blockchain as a tech and its uses citing several signs that he believes precede this upcoming winter. Paul Krugman Compares Crypto Winter …
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Report: AAX Users Storm Crypto Exchange’s Nigerian Offices, Attack Employees
Nigeria users of the crypto exchange AAX, which suspended withdrawals on Nov. 12, reportedly stormed its offices in Lagos and began assaulting employees. Reports that disgruntled AAX users have harassed the crypto exchange’s workers came just days after the Nigerian crypto and blockchain advocacy group asked to refrain from doing so. Meanwhile, the former vice …
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How can I use Bitcoin to buy food?
While many are aware of crypto as a good investment not many people know they can also use cryptocurrencies like Bitcoin to buy food, or […] Go to Source
Analyst Who Called May 2021 Bitcoin Crash Predicts Epic Rally to $350,000 – Here’s His Timeline
A crypto strategist who correctly called Bitcoin’s (BTC) collapse in May 2021 is predicting a meteoric ascent for the crypto king in the coming years. Pseudonymous analyst Dave the Wave tells his 130,200 Twitter followers that Bitcoin could ascend to $350,000 by December 2027 based on his logarithmic growth curve (LGC) model. “Though $350,000 might …
Elon Musk alleges SBF donated over $1B to Democrats: “Where did it go?”
The attempts of mainstream media to water down the frauds committed by FTX CEO Sam Bankman-Fried (SBF) did not fare well in convincing the crypto community and entrepreneurs. Instead, the misinformation campaign collided with Tesla CEO Elon Musk’s drive to position Twitter as “the most accurate source of information.” The world is yet to overcome …
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Mysterious Bitcoin miner shows off oldest signature dated Jan. 2009
Online forums are integral to the Bitcoin origin story, where Satoshi Nakamoto and early contributors collaborated to discuss and create a disruptive financial system from scratch. One of the oldest Bitcoin forums — bitcointalk.org — still preserves historical discussions around creating the Bitcoin (BTC) logo and the payment system. A curious member of the bitcointalk.org …
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Coinbase CEO Brian Armstrong flabbergasted FTX’s SBF isn’t in custody already
Brian Armstrong believes that Sam Bankman-Fried, the creator of FTX, should already be in jail at this point. It’s “baffling to me why he’s not […] Go to Source
LBLOCK V1 Price Prediction: Lucky Block V1 Retains Its Focus Locked on Higher Price levels
Lucky Block’s price appears to have found formidable support above the price level of $0.0001700. This conclusion is drawn from the fact that this crypto […] Go to Source
Binance Coin Price Prediction Today, December 4, 2022: BNB/USD May Revisit Lower Levels
Binance Coin price seems to have expended all its upside energy on its way toward $320. Having done that, this crypto seems to be on […] Go to Source
Demand for Cryptocurrency Miners Rises in Russia Amid Low Prices of Hardware
Russia’s market for specialized crypto mining equipment has been seeing high demand over the past couple of months, with buyers attracted by the low price tags. Russian experts also predict an increase in the supply of used coin minting hardware as large foreign companies leave the industry. Russian Demand for Powerful ASIC Miners Skyrockets in …
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