The daily chart reveals that the Bitcoin price prediction may extend the bearish movement to the areas below the support level of $23,000. Bitcoin Prediction […] Go to Source
Monthly archives: February 2023
Whale Liquidates 1010 NFTs In Largest NFT Dump Ever
NFT whale Machi Big Brother has sold a whopping 1010 NFTs on Blur over the past 48 hours. The sold NFTs include blue chip collections like Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC). Machi spent more than $13 million buying back hundreds of the NFTs that were sold. The mass sale …
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Russian Banks Are Evading Sanctions Through Huobi And KuCoin
Huobi and KuCoin are reportedly processing transactions tied to sanctioned Russian banks. Customers are able to trade on the crypto exchanges using debit issued by the sanctioned banks. Tether is reportedly used by both exchanges to cater to the crypto needs of sanctioned Russian banks. Russian nationals are also using Binance to convert local currency …
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Can crypto reach 1 billion users by 2025?
Introduction Since its inception in 2010, Bitcoin has seen its value and popularity rise exponentially, creating the foundation of a market that reached $1 trillion in value in a decade. Cryptocurrencies have seen increased adoption in the wake of broader macroeconomic turmoil, with millions of new users onboarding the decentralized world of cryptocurrencies as a …
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Crypto Market Slides as Total Value Locked in Defi Falls Below $50 Billion Mark
The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has slipped below the $50 billion mark to $49.8 billion. The TVL in defi has fallen by 2.24% over the last 24 hours. During that same …
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Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year
Bitcoin’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, at block height #778,176, reaching 43.05 trillion hashes and surpassing the 40 trillion mark for the first time ever. The network’s difficulty increased by 9.95%, which is the second-largest rise this year, as Bitcoin recorded a combined 24.89% increase during the last 60 …
Germany’s DZ Bank to Offer Crypto Custody With Swiss Firm Metaco
The second-largest bank in Germany, DZ Bank, is preparing to become a provider of custody services for crypto assets. The offering will be facilitated by a partnership with Metaco, a Swiss company that specializes in helping financial institutions to operate in the digital asset space. DZ Bank to Use Metaco’s Harmonize Platform to Launch Crypto …
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Crypto Investor Buys Silicon Valley Estate for $45 Million
The former chairman of JetBlue, Joel Peterson, has sold his Silicon Valley estate to a crypto and blockchain investor for about $45 million. The transaction […] Go to Source
Biggest Crypto Gainers Today February 25 – STX, ENJ, FGHT, CCHG, TARO
The crypto market had been moving sideways throughout the week after undergoing a big rally on Feb 14. On Saturday, however, most cryptocurrencies resorted to […] Go to Source
Bitcoin Price Pulls Back To $23,100 – Upswing To Return After Rebalance of 15 February Surge?
Bitcoin underwent a bearish swing on the 21st and consecutively 24th of February, correcting to $23,100 at the time of writing. The last 24 hours […] Go to Source
Binance Coin Price Trapped Within A Major Supplier Congestion Zone – Which Way BNB?
Binance Coin (BNB) price has been moving within a formidable supplier congestion zone for months now. The tug of war between bulls and bears interrupted […] Go to Source
Red-Hot Ethereum (ETH) Scaling Altcoin Launches New Airdrop Phase, Plans To Distribute 11,700,000 Tokens
A red-hot Ethereum (ETH) scaling altcoin launched the second phase of its highly anticipated airdrop early Friday morning. The Optimism (OP) protocol, a layer-2 (L2) scaling tool for the Ethereum blockchain, plans to distribute a total of 11.7 million OP tokens to eligible users. Optimism first announced the airdrop earlier this month, noting that eligible …
Analyst Who Nailed Exact Bitcoin Bottom Issues Crypto Warning, Details Ethereum (ETH) and Litecoin (LTC) Forecast
A crypto trader who correctly called Bitcoin’s (BTC) bottom in November and sold its recent top at about $24,700 has now fully reentered the market. This time around, the pseudonymous analyst DonAlt says he bought BTC at $23,000 – which he warns is a make or break level in the short-term. “In general, my target …
Trader Says Bitcoin (BTC) Set To Rally in the Medium Term – But There’s a Catch
A closely followed crypto strategist believes that Bitcoin (BTC) is likely going to surge significantly in the midterm. Pseudonymous analyst Altcoin Sherpa tells his 192,400 Twitter that a burst to the upside is in the cards for Bitcoin, but first, he predicts a dip for the king crypto. “BTC: my area of interest is $21,500. …
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New Shiba Inu (SHIB) Altcoins Quietly Gearing Up for Launch – Here Are the Under-the-Radar Crypto Projects Coming This Year
The hype over Shiba Inu’s layer-2 blockchain Shibarium has obscured another big development in the works for the Dogecoin competitor – the coming launch of two new ecosystem tokens. Lead developer Shytoshi Kusama says one incoming addition to Shiba Inu’s ecosystem is a rewards-based token called Treat (TREAT). The team decided to build Treat after …