How different Bitcoin Fear & Greed indexes calculate market sentiment

As provided by several different platforms, the Fear and Greed (F&G) indexes for Bitcoin offer varied methodologies and insights into market sentiment. Each platform employs unique metrics to gauge investor sentiment, resulting in different scores and interpretations of the market’s mood. Alternative.me is one of the most popular F&G indexes designed explicitly for Bitcoin. It considers factors …

Power Law predicts Bitcoin block rewards to hit $5.5 million within 10 years

Bitcoin block rewards will likely evolve significantly over the coming decade, driven by substantial shifts in Bitcoin prices and fee changes. One popular model for projecting future prices is the Power Law, coined by Giovanni Santostasi. Based on this model, CryptoSlate has calculated the Bitcoin block reward over the next ten years. The Power Law …

SUI and ZETA Lead the Week’s Crypto Gains, Monero Dips Slightly

Despite the recent dip in the crypto market, several digital currencies have experienced solid growth over the past week. Leading the pack, SUI saw a 95.6% increase against the U.S. dollar, with ZETA following closely, jumping 71.9% this week. Crypto’s Top Weekly Performers As of 12 p.m. EDT on Monday, the global crypto market has …

Hamster Kombat Rejected Numerous Venture Capital Investments; Players Will Not Become ‘Exit Liquidity’

Hamster Kombat, the popular tap-to-earn sensation, revealed having rejected several investment proposals from some of the biggest venture capital firms in the crypto industry. The team behind the game declared that it would not allow players to become exit liquidity for their backers, as has happened in other projects. Hamster Kombat Has Rejected Venture Capital …

PEPU Presale Raises $8M for New Ethereum-Beating Layer-2 Solution

Pepe Unchained (PEPU), one of the most talked-about new meme coin projects, has just passed $8 million in its presale phase. But this isn’t just another quick cash grab. The team is on a mission to build a powerful new Layer-2 solution – with speeds and fees that could give Ethereum a run for its …

Digital Asset Fund Inflows Spike as Market Corrects, Ethereum Leads With $155M

Digital asset investment products saw a significant rebound in inflows, totaling $176 million, as investors took advantage of recent price corrections. According to Coinshares and its lead research analyst James Butterfill, ethereum was the standout performer, benefiting the most from these market dynamics. Coinshares Reports $176 Million Inflows Into Digital Asset Funds Coinshares reported that …

Ethereum Technical Analysis: ETH Faces Persistent Downtrend Despite Strong Market Activity

On August 12, 2024, ethereum (ETH) was priced at $2,683, fluctuating within a 24-hour range of $2,523 to $2,720. With a market capitalization of $321 billion and a trading volume of $17.58 billion, ether continues to exhibit significant market activity. However, technical indicators suggest ongoing challenges in breaking through key resistance levels, hinting at a …

Bitcoin Technical Analysis: BTC Struggles Amidst Bearish Pressure, Eyes Key Support Levels

Bitcoin’s price on August 12, 2024, stands at $59,777, with intraday 24-hour prices ranging between $57,814 and $61,054. The cryptocurrency’s market capitalization is $1.16 trillion, supported by a 24-hour trade volume of $29.81 billion. As bitcoin navigates this challenging environment, technical indicators reveal continued bearish momentum, testing the resolve of bullish investors. Bitcoin The 1-hour …

Latam Insights: El Salvador Advances Talks With IMF Despite Bitcoin Allegiance; Brazil Passes First Solana Spot ETF

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the last week. In this issue: El Salvador holds talks with the IMF despite its Bitcoin allegiance; Brazil greenlights the first Solana spot ETF; and Polymarket gets criticized for its decision on the Venezuelan presidential election bet. El Salvador …

Analyst Issues Bitcoin Warning, Says BTC Still in Bearish Structure Amid Euphoria Over Bounce Above $60,000

Closely followed crypto analyst Altcoin Sherpa is calling for caution amid what he sees as bearish price action for Bitcoin (BTC). Altcoin Sherpa tells his 219,000 followers on the social media platform X that BTC is continuously printing bearish patterns on the daily chart. He shares a chart suggesting that BTC is forming a simple …

Former SEC Official Says Morgan Stanley Unleashing ‘Death Wish’ With Bitcoin ETF Offering to Clients

A former chief of the Office of Internet Enforcement at the U.S. Securities and Exchange Commission (SEC) says Morgan Stanley will attract government scrutiny with its recent embrace of Bitcoin (BTC). Morgan Stanley recently gave its wealth advisors the green light to pitch Bitcoin exchange-traded fund (ETF) products to its wealthy clients. On the social …

Here’s How Democrats Will Induce Stock Market Rallies Before November Election, According to Arthur Hayes

Crypto veteran Arthur Hayes says the Democrats could stealthily print dollars to trigger stock market rallies before the presidential election. In a new essay, the BitMEX founder says Kamala Harris’ presidential campaign will likely see a big boost if the stock market is booming. But the unwinding of the yen carry trade has triggered a …

Ethereum Gas Fees Hit 5-Year Low: The Impact of Sub-1 Gwei Fees on Ethereum’s Ecosystem

TLDR Ethereum’s median gas price has hit a 5-year low, dropping to 1.9 gwei on August 10, with low-priority transactions costing around 1 gwei or lower. The decrease in gas fees is attributed to increased activity on layer-2 networks and the implementation of the Dencun upgrade in March. The low fees have led to concerns …

Ouch! Ethereum User Overpays $90,000 in Gas Fees for $2,200 Transfer

TLDR An unknown crypto user accidentally spent $90,000 in gas fees to transfer $2,200 worth of Ether (ETH). The user spent 34.26 ETH in gas fees (worth $89,200) to transfer 0.87 ETH (worth $2,262). Current gas fees on the Ethereum network are at yearly lows, meaning a normal transfer should only cost around $5. This …

Tornado Cash Dev Pertsev Needs Money For Legal Fight

Alexey Pertsev, the co-founder and developer of Tornado Cash, a popular decentralized cryptocurrency mixing service, is seeking an additional $750,000 to $1 million to cover legal expenses for his appeal, according to a recent post from the support account for Alexey Pertsev and Roman Storm, another co-founder of Tornado Cash. Pertsev said he’s fighting for …

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