Cardano (ADA) price action has plummeted more than 7% in the last seven days as the ASIA PAC and European sessions watched in dismay as […] Go to Source
Yearly archives: 2022
On-chain metrics signal upcoming BTC volatility
Futures open interest and estimated leverage ratio reached the highest levels for over a month. 2 min read Updated: December 30, 2022 at 4:53 pm Cover art/illustration via CryptoSlate The open futures interest and the futures estimated leverage ratio metrics had reached their highest levels for over a month, which indicates an upcoming Bitcoin (BTC) …
Continue reading “On-chain metrics signal upcoming BTC volatility”
SBF allegedly moves $684,000 into Seychelles exchange, RenBridge
On-chain data suggests the fallen founder of FTX Sam Bankman-Fried (SBF) moved Ethereum (ETH) worth $684,000 to RenBridge and Seychelles-based exchanges over the past 2 days. In a Twitter thread, on-chain sleuth BowTiedlguana claimed that SBF transferred $684,000 worth of Ethereum (ETH) to a Seychelles-based exchange and RenBridge. BowTiedlguana suggested that these transactions allegedly carried …
Continue reading “SBF allegedly moves $684,000 into Seychelles exchange, RenBridge”
Wallets with 0.1 BTC to 1 BTC hold over 1M Bitcoin
The total supply of wallets holding between 0.1 Bitcoin (BTC) and 1 Bitcoin has surpassed 1 million coins, while the collective supply of wallets that hold between 1 BTC and 10 BTC topped 2 million. Wallets with 0.1 BTC to 1 BTC As of Dec. 29, wallets that hold between 0,1 BTC and 1 BTC …
Continue reading “Wallets with 0.1 BTC to 1 BTC hold over 1M Bitcoin”
Research: Ethereum’s 2 years peak dominance over Bitcoin has not translated into new ATH
Bitcoin performs better in a risk-off environment while Ethereum performance is better in a risk-on market. 2 min read Updated: December 30, 2022 at 2:15 pm Cover art/illustration via CryptoSlate Bitcoin (BTC) might be worth more than Ethereum (ETH), but available Glassnode data, as analyzed by CryptoSlate, shows that ETH’s peak dominance has outperformed BTC’s …
Disgraced FTX Co-Founder Accused of Moving $684K in Crypto Assets While Under House Arrest
According to an analyst on Dec. 29, 2022, the disgraced co-founder of FTX, Sam Bankman-Fried (SBF), may have cashed out $684,000 in crypto assets while under house arrest. If the funds were spent by SBF, it goes against the court’s release conditions that note the former FTX executive is not allowed to spend more than …
Central Bank Gold Demand Rose at the Fastest Pace in 55 Years, Analyst Says Silver Could Outperform Gold in 2023
According to a myriad of reports, the People’s Republic of China has been buying hoards of gold during the last year. Consequently, World Gold Council (WGC) statistics show the demand for gold by central banks has risen at the fastest pace in 55 years. Meanwhile, Wells Fargo’s head of real asset strategy, John LaForge, contends …
Solana and Associated Tokens Down Over 96% From All-Time Highs As SOL Gets Delisted From Crypto Exchange
Smart contract platform Solana (SOL) and other digital assets associated with it continue to freefall as a crypto exchange platform announces it’s going to delist them. According to crypto reporter Colin Wu, crypto exchange Matrixport will delist SOL and its accompanying digital assets starting December 30th, a move that sent the already-ailing cryptocurrencies on another …
3 reasons why Bitcoin is likely heading below $16,000
December will likely be remembered by Bitcoin’s (BTC) fake breakout above $18,000, but apart from that brief overshoot, its trajectory was entirely bearish. In fact, the downward trend that currently offers an $18,850 resistance could bring the BTC price below $16,000 by mid-January. Bitcoin/USD price index, 12-hour. Source: TradingView A handful of reasons can explain …
Continue reading “3 reasons why Bitcoin is likely heading below $16,000”
Bitcoin ‘not undervalued yet’ says research as BTC price drifts nearer $16K
Bitcoin (BTC) may not be good value enough for a macro price bottom, according to analysis from CryptoQuant. In a blog post on Dec. 29, a contributor to the on-chain analytics platform flagged one BTC price indicator with further to fall. Profitability indicator lacks key cross At nearly 80% below all-time highs, BTC/USD is nearing …
Continue reading “Bitcoin ‘not undervalued yet’ says research as BTC price drifts nearer $16K”
What is USD Coin (USDC), fiat-backed stablecoin explained
USDC offers instant payments, saves users from the cryptocurrency market’s price volatility and is audited by a regulated auditing firm, making it a transparent stablecoin. However, it does not offer price appreciation opportunities, and investors may incur high transaction and withdrawal fees while dealing with USDC. One of the key advantages of the USD Coin …
Continue reading “What is USD Coin (USDC), fiat-backed stablecoin explained”
Mati Greenspan’s boss bribed him with 1 BTC to join Twitter: Hall of Flame
Name: Mati GreenspanAnonymous: NoTwitter followers: 48,000Known for: The “face” of eToro for years, Greenspan is a rare moderate voice on Crypto Twitter. Who is this guy anyway? The friendly but cynical Mati Greenspan became a well-known crypto market commentator in publications such as Forbes, Bloomberg and The Wall Street Journal as a senior market analyst …
Continue reading “Mati Greenspan’s boss bribed him with 1 BTC to join Twitter: Hall of Flame”
$3.5 Billion In FTX Customer Crypto Custodied By Bahamian Watchdog
Summary: The Bahamian Securities Commission took control of the assets on November 12 due to concerns that FTX was vulnerable to cyberattacks. Hackers stole nearly $400 million in digital assets hours after Founder Sam Bankman-Fried filed for Chapter 11 bankruptcy protection on November 11. Notably, the tokens secured from FTX Digital Markets Ltd were worth …
Continue reading “$3.5 Billion In FTX Customer Crypto Custodied By Bahamian Watchdog”
How Japan’s Lifting of Stablecoin Ban may affect Crypto world?
After the fall of Terra/Luna in May 2022, authorities started to scrutinize stablecoins even more. As a result, many countries came to the conclusion that […] Go to Source
LINK (LN) price prediction: LINK up 8% today, but these two coins are set for 10x gains
The cryptocurrency market has been consolidating over the past day, and no major gains have been made. However, LINK (LN) has defied the odds and […] Go to Source