What is market manipulation in cryptocurrency?

Market manipulation in the crypto sphere, explained In the cryptocurrency space, market manipulation refers to the deliberate use of different deceptive strategies to artificially inflate or deflate the price of cryptocurrencies.  One of the signs of market manipulation includes sudden, unusual price increases or decreases that have nothing to do with important news or trends. …

Bitcoin mining: A catalyst for energy sustainability

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Missing pieces: Blockchain’s journey to enterprise adoption

“QR codes are a fad,” read the headline of an article published in Fall 2012.  A few years later, the overhyped technology was included in a list of “Biggest Tech Fads of the Last Decade.” But then COVID happened, and now QR codes are widely used. The use cases were already there, but the need …

Bitcoin’s 2022 Bear Market Differed in One Critical Way Compared to Its 2018 Slump: Crypto Analyst Jamie Coutts

Former Bloomberg Intelligence analyst Jamie Coutts says one metric shows a key difference between Bitcoin’s (BTC) bearish phases in 2018 and 2022. Coutts says that the number of BTC accumulation addresses soared in the 2022 bear market, while they decreased in the 2018 BTC market slump. According to Coutts, the increase in accumulation addresses indicates …

Top Ethereum (ETH) Wallets Forming an ‘Encouraging Pattern,’ According to Crypto Analytics Firm Santiment

Leading crypto analytics firm Santiment says the largest non-exchange Ethereum (ETH) wallets are gobbling up the second-largest digital asset at record rates. Santiment says Ethereum wallets are “forming an encouraging pattern.” The analytics firm notes that the 10 largest non-exchange Ethereum wallets now hold more than 41 million ETH for the first time ever, while …

Whale Accumulates About $187,000,000 Worth of Bitcoin and Altcoins From Binance in Just Three Days: Lookonchain

A crypto whale is attracting attention for going on a massive buying spree, purchasing over $180 million in digital assets within days. According to the blockchain-tracking service Lookonchain, the deep-pocketed investor scooped up about $187 million in cryptocurrencies in three days, including Bitcoin (BTC), Binance ecosystem’s native token Binance Coin (BNB) and Ethereum (ETH). “It …

UK Legislators urge caution in retail digital pound rollout

The committee’s report recommends imposing lower initial limits on the value of retail digital pounds to alleviate the risk of potential bank runs amid market instability. News Join us on social networks British legislators are urging a careful stance regarding implementing a retail digital pound. They stress the importance of finding an equilibrium between technological …

KyberSwap announces treasury grants for hack victims

The grant is designed to ease the financial burden on affected individuals and will equal the USD equivalent of the assets lost in the security breach. News Join us on social networks KyberSwap intends to provide financial assistance to users affected by a significant exploit on Nov. 22, which led to a $48.8 million loss …

Here’s a Possible Bitcoin Price Path to $200,000, According to Analyst Who Called 2021 Crypto Market Collapse

The trader who accurately called the crypto market correction in May 2021 says that Bitcoin’s (BTC) market structure is now potentially on track to approach the $200,000 mark if all goes well. Pseudonymous trader and analyst Dave the Wave tells his 143,000 followers on the social media platform X that Bitcoin’s moving average convergence divergence …

SEC faces sanctions threat as Judge questions DEBT Box case accuracy

Initially, the SEC, led by attorney Michael Welsh, had convinced the court to freeze DEBT Box’s assets, arguing the company was moving to Dubai, beyond U.S. regulatory reach. News Join us on social networks United States District Judge Robert Shelby has cautioned the Securities and Exchange Commission (SEC) lawyers, hinting at possible sanctions due to …

US Government Prints 756,096,000 $50 Bills As Americans Begin Hoarding Physical Cash: Report

The Federal Reserve Bank is printing a record number of $50 bills as Americans feel the urge to hold physical cash. The Bureau of Engraving and Printing, the agency in charge of money printing operations in the US, created 756.09 million new $50 bills in 2022, reports CNN. The pile of fresh cash is worth …

Web3 Infrastructure Altcoin Skyrockets More Than 120% This Week Amid Publication of New ‘Vision Paper’

The native asset for a crypto Web3 infrastructure project has skyrocketed by more than 120% this week amid the rollout of a new “vision paper.” AIOZ, the native utility token of the AIOZ Network, is trading around $0.151 at time of writing, up from $0.0683 one week ago. The 241st-ranked crypto asset by market cap …

Bitcoin’s Bullish Surge Ahead: Deribit Predicts Major Price Leap In Early 2024

A recent analysis by Deribit, a leading derivatives exchange, suggests a bullish sentiment for Bitcoin as we approach early 2024. This optimism is rooted in the current Bitcoin put-call options ratio, a critical option market metric. Deribit’s Insight: Bitcoin Calls Outpace Puts Signaling Market Confidence Notably, options are financial instruments that give traders the right, …

AVAX Uprising: Crypto Analyst Predicts Bullish Wave To Push Price To $30

The Avalanche (AVAX) price has performed reasonably well this year, going from a low of around $9 to as high as $24 before correcting back downward. Since the correction, the altcoin has been trading in a tight range around $20 and $21. However, this might not continue for much longer following one crypto analyst’s prediction. …

Ethereum Price Prediction: Crypto Analysts Reveal Catalyst That Will Drive Price Above $3,500

A crypto analyst has singled out an event that could be the spark that Ethereum needs to hit the price level of $3,500. He believes that the second-largest cryptocurrency by market cap is going to make this run after Bitcoin “gets its shine.” How Ethereum Will Hit $3,500 In a post shared on his X …

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