A closely followed crypto analyst is laying out where he thinks the critical support levels are for Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) as the digital asset markets correct. In the latest Technical Roundup weekly newsletter, the pseudonymous analyst known as Cred says that a bullish structure remains intact for Bitcoin in the long-term …
Category archives: Trending Crypto news
Litecoin transactions near an all-time high after gaining ground in consumer finance
The number of Litecoin (LTC) transactions has rebounded to over 140,000 in recent days after falling close to the 100,000 mark in early October. Three days prior, the Litecoin Foundation tweeted about the launch of its LTC Visa Debit card, powered by fintech firm Unbanked. According to the card’s homepage, potential customers would first register …
Friday’s jaw-breaking $3.2B Bitcoin options expiry could kick-start a new rally
Bitcoin (BTC) has been trading in a descending channel pattern since its $67,000 all-time high on Oct. 20, which was just one day after ProShares’ Bitcoin Strategy ETF (BITO) debuted at Nasdaq. However, bulls have a sufficient number of incentives to peg Bitcoin’s price above $60,000 on Oct. 29 when the $3.2 billion monthly options …
Continue reading “Friday’s jaw-breaking $3.2B Bitcoin options expiry could kick-start a new rally”
Infrastructure platform Quicknode raises $35M in Series A financing
Quicknode, a Miami based blockchain infrastructure platform, announced the completion of a $35 million Series A round of financing on Wednesday, led by Venture Capital firm Tiger Global. Seven Seven Six, Soma Capital, Arrington XRP Capital, Crossbeam and Anthony Pompliano also participated in the round. This follows a $5.3 million seed round back in March, …
Continue reading “Infrastructure platform Quicknode raises $35M in Series A financing”
Voyager Digital will be crypto brokerage partner for Dallas Mavericks
Crypto trading platform Voyager Digital has inked a deal with the Dallas Mavericks basketball team aiming to make crypto more accessible through fan engagement and other educational programs. In an Oct. 27 announcement, Voyager Digital said it would become the Mavs first cryptocurrency brokerage and international partner in a five-year deal. The trading platform will …
Continue reading “Voyager Digital will be crypto brokerage partner for Dallas Mavericks”
Citigroup CEO Says Digital Assets Will Be Part of the Future Financial System
Citigroup’s CEO Jane Fraser says there is a place for cryptocurrencies in the traditional financial system. In a Yahoo Finance interview, Fraser says that digital assets provide benefits in the area of real-time payments. ADVERTISEMENT “It’s clear that digital assets will be part of the financial services and financial markets, the future of them. …
Continue reading “Citigroup CEO Says Digital Assets Will Be Part of the Future Financial System”
Tesla Hints at Potentially Accepting Bitcoin Payments Again in Latest Quarterly Earnings Report
New financial documents from Tesla hint that it might start accepting Bitcoin (BTC) payments again. The electric vehicle manufacturer’s latest quarterly report with the U.S. Securities and Exchange Commission (SEC) states that Bitcoin purchases could be restarted. ADVERTISEMENT “During the nine months ended September 30, 2021, we purchased an aggregate of $1.50 billion in …
Bitcoin Bull Market Could Go On for Another Year, According to On-Chain Analyst Willy Woo
Popular on-chain analyst Willy Woo says that recent Bitcoin (BTC) accumulation trends mean the crypto bull run could last for another year. In a new interview with Preston Pysh on Bitcoin Fundamentals, Woo says that long-term BTC holders are much wealthier than in previous bull cycles, which bodes well for the king crypto moving forward. …
$930,000,000 ‘Liquidity Flush’ Hits Bitcoin and Crypto Markets – Here’s What’s Next, According to Crypto Analyst Justin Bennett
After tapping a new all-time high just one week ago, a sharp correction has sent the price of Bitcoin below the $60,000 mark. A precipitous drop in BTC and the overall crypto markets over the past 24 hours has triggered liquidations across exchanges as traders became unable to meet margin requirements in their leveraged positions. …
Binance Smart Chain surpasses 1.5 billion lifetime transactions
Binance, the world’s largest cryptocurrency exchange by volume, tweeted on Oct. 26 that the cumulative number of transactions on its Binance Smart Chain (BNB) has surpassed 1.5 billion. The network achieved this milestone a mere 14 months after its launch on Aug. 31, 2020. According to BscScan, the daily number of transactions on the blockchain …
Continue reading “Binance Smart Chain surpasses 1.5 billion lifetime transactions”
Mask Network, 1inch and Shiba Inu ignore Bitcoin’s downtrend, posting 20% gains
The cryptocurrency market is back on the rocks on Oct. 27 as many of the top assets find themselves in the red on the day after Bitcoin (BTC) price dropped to $58,000 in the early trading session. Despite the wider struggles of the market, several altcoins have managed to post gains in excess of 22% as …
Continue reading “Mask Network, 1inch and Shiba Inu ignore Bitcoin’s downtrend, posting 20% gains”
Cosmos-based DEX Osmosis raises $21M from a consortium of investors
Osmosis, a decentralized exchange, or DEX, on the Cosmos blockchain, raised $21 million dollars in a token sale led by VC fund Paradigm along with a consortium of investors that includes Robot Ventures, Nascent, Ethereal and Figment. Osmosis allows developers to build customized automated market makers, or AMMs, with sovereign liquidity pools. The DEX uses …
Continue reading “Cosmos-based DEX Osmosis raises $21M from a consortium of investors”
Shiba Inu fetches a new ATH — 3 reasons why SHIB keeps jumping higher
Meme coins burst onto the scene in early 2021 and helped kickstart the bull market after Dogecoin (DOGE) rallied above $0.01 to new highs while being shilled by the likes of Elon Musk and Mark Cuban. Shortly afterwards, Dogecoin clones and other canine-themed tokens popped up to catch the wave of bullish momentum and Shiba …
Continue reading “Shiba Inu fetches a new ATH — 3 reasons why SHIB keeps jumping higher”
Fresh Rallies to New Highs Could Be Ahead for Chainlink, According to Crypto Analyst Benjamin Cowen
Crypto analyst Benjamin Cowen thinks that the blockchain oracle Chainlink (LINK) is undervalued. Cowen tells his 582,000 YouTube subscribers that the decentralized network’s native token, LINK, has been one of his top holdings for a long time. He predicts LINK will continue to trend up with time, though he notes it hasn’t been surging as …
OpenSwap Announces New ‘Spot Price Queue’ Feature To Ensure Zero Slippage for Crypto Swaps
October 27, 2021 – Hong Kong, Hong Kong OpenSwap has set a date for the launch of its new ‘spot price queue’ feature, which will be available from the week of October 25, 2021. OpenSwap’s spot price queue feature is going to be a game-changer for on-chain swaps, guaranteeing zero slippage and spot market price …