Bitcoin (BTC) appears to lack the strength to retest the $67,000 all-time high that it reached on Oct. 20 and this is causing investors to question whether or not the bullish moment has faded. Even with the price facing these hurdles, it’s still premature to call the $58,000 support level test the beginning of a …
Category archives: Trending Crypto news
Top 5 cryptocurrencies to watch this week: BTC, ETH, BNB, MATIC, FTM
The weekend failed to ignite bullish momentum from crypto investors and both Bitcoin (BTC) and Ether (ETH) turned down on Oct. 31. The bulls will now try to achieve the third successive weekly close and the first-ever monthly close above the psychological $60,000 level. $63,000 is another level of interest for traders because the stock-to-flow …
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Inside the blockchain developer’s mind: What is a testnet?
Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind. In previous parts, Andrew Levine of Koinos Group discussed some of the challenges the team has faced since identifying the key issues they intend to solve and outlined three of the …
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Here’s How Low Ethereum Could Dip if ETH Fails To Hold $4,000, According to Top Crypto Analyst
A closely followed crypto trader and analyst is working out what could happen to Ethereum if ETH fails to hold support at the $4,000 level. In a new TechnicalRoundup strategy session, the pseudonymous analyst known as Cred takes a look at Ethereum’s recent break above the $4,000 level to see if it’s convincing enough to …
Trick or Treat: Will Halloween NFTs be hauntingly good or too spooky for crypto?
Halloween is traditionally known for costumes, candy and trick or treating, but this year, the holiday is transitioning to the virtual world as the metaverse unfolds. As such, nonfungible tokens, or NFTs, are being created to showcase Halloween themes in hopes of attracting collectors looking for themed drops. Although Halloween-inspired NFTs appear to be a …
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Real Vision’s Raoul Pal Predicts When Regulators Will Reach a ‘Grand Compromise’ on Crypto
Macro guru Raoul Pal says that regulators are starting to see the value of crypto which could lead them to make a grand compromise on the industry. In a new interview on decentralized finance-focused (DeFi) channel The Defiant, the Real Vision CEO says regulators are struggling to apply traditional securities laws to the complex and …
What is the worst nightmare that could happen to crypto? Experts answer
Amanda is the chief people officer at ConsenSys, a global community of developers, businesspeople, programmers, journalists, lawyers and others made to create and promote blockchain infrastructure and peer-to-peer applications. “My worst nightmare is to wake up in five years and realize the crypto industry has become just like the ‘old Wall Street’ — an exclusive …
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Bitcoin set for record monthly close with BTC price still below ‘worst case scenario’
Bitcoin (BTC) delivered fresh retests of $60,000 support on Oct. 31 with a matter of hours left until the crucial monthly close. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Record monthly close hangs by a thread Data from Cointelegraph Markets Pro and TradingView showed lackluster price action on Sunday, with BTC/USD below the “worst case scenario” …
Bitcoin white paper turns 13 years old: The journey so far
The 13th birthday of the Bitcoin (BTC) white paper has crept up just as the world continues to deal with a global pandemic, inflation fears, an astounding memecoin mania trend and growing institutional adoption of the cryptocurrency space. On October 31, 2008, Satoshi Nakamoto released the Bitcoin white paper to a cryptography mailing list hosted by …
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6 Questions for Yoni Assia of eToro
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Yoni Assia, the co-founder and CEO of eToro. Yoni Assia is the co-founder and CEO of eToro, the …
US Dollar Tanking Can Kick Off Parabolic Phase for Bitcoin, Says Analyst Justin Bennett
Crypto analyst and trader Justin Bennett says that weakness in the US dollar can spark a new parabolic rally for Bitcoin (BTC) The popular analyst tells his 85,000 followers that he has his eye on the US dollar index (DXY), which compares the USD to a basket of other major fiat currencies. A weaker dollar …
Americans reinvesting stimulus checks in Bitcoin made $4.5k in profit
An average American taxpayer received three rounds of stimulus checks from the United States government as a means to reignite the economy by increasing consumers’ spending potential. For many, this meant an opportunity to invest in Bitcoin (BTC). A Cointelegraph report from Aug. 26 shows that 11% of the respondents between the ages of 18 …
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Crypto Analyst Predicts Wild Leg Up for Ethereum, Unveils New Price Target for Axie Infinity
A top crypto analyst and trader says Ethereum is setting up for a wild rally as he unveils his new price target for blockchain-based game Axie Infinity. The pseudonymous analyst known as Pentoshi tells his 333,400 Twitter followers that he expects Ethereum (ETH) to go on a massive surge as it threatens to print a …
Over $3,000,000,000 Worth of ETH Torched Since Ethereum Hard Fork Upgrade in August
Data from the Ethereum on-chain tracking tool Etherchain shows that the leading smart contract platform has destroyed hundreds of thousands of ETH since the London hard fork went live on August 5th. The London hard fork implemented the Ethereum Improvement Proposal (EIP) 1559, which introduced a fee-burning protocol to the Ethereum network that permanently torches …
Satoshi Nakamoto’s Bitcoin white paper is now a 13-year-old teenager
The iconic Bitcoin (BTC) white paper celebrates thirteen years of financial disruption after being first published on Oct. 31, 2008, by an anonymous person or entity named Satoshi Nakamoto. The white paper, titled Bitcoin: A Peer-to-Peer Electronic Cash System, foresaw the need for a peer-to-peer online payment system that is self-governing, secure and limited in …
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