In stock markets and the crypto sector, traders are always looking for a definite reason to explain an asset’s price action, which means it’s important to stress that correlation doesn’t imply causation. While it may be easy to connect a regulatory statement or pending legislation to the outcome of an asset’s price, there’s not always …
Continue reading “These 3 indicators flashed bullish ahead of the recent Bitcoin price pump”
Bulls flexed their muscles on Oct. 4 and proof of this came as Bitcoin’s (BTC) price rallied within $500 of the $50,000 mark. This move toward the key psychological resistance helped to pull the Crypto Fear & Greed Index out of the “fear” zone and into the “neutral’ state on Oct. 4. Crypto Fear & …
Continue reading “Bitcoin price dips are being ‘bought up strongly,’ but a $50K close remains key”
Bitcoin (BTC) is facing rejection near $50,000, indicating that bears are not ready to give up without a fight. Many analysts expect Bitcoin to soar in the last quarter of the year and stock-to-flow model creator PlanB says the “worst-case scenario” for Bitcoin in October is $63,000 and $98,000 by November. PlanB is not alone in his …
Continue reading “Price analysis 10/4: BTC, ETH, BNB, ADA, SOL, XRP, DOT, DOGE, LUNA, UNI”
Major social media and communication platforms Facebook, Instagram, and WhatsApp went offline Monday as the price of Bitcoin and other cryptocurrencies surged. As data from Cointelegraph Markets Pro shows, the Bitcoin (BTC) price moved above $49,000 after falling to a daily low of $47,166, an increase of roughly 4.5% in less than two hours. Similarly, …
Continue reading “Bitcoin moves past $49K as Facebook, Instagram, and WhatsApp go down”
The wider cryptocurrency market fell under pressure on Oct. 4 as the momentum generated by Bitcoin’s (BTC) weekend spike above $49,000 was overshadowed by more global concerns related to the global financial system, rising inflation and supply chain challenges. Despite these struggles, many altcoins managed to rally and at the time of writing, the crypto …
Continue reading “Axie Infinity hits a new ATH at $155 while Bitcoin bulls aim for $50K”
ETH joins short squeeze rally as investors cheer regulatory talk. XRP rolls out ledger upgrade. AXS adds 100%. QTUM gets Binance boost. ETH Ethereum capped a strong week with gains of almost 10% as the crypto market cheered regulatory talk. A report early in the week from the Wall St Journal hinted that the Biden …
Continue reading “Ethereum Rallies Strongly with Regulation Hopes, XRP, AXS, QTUM, Oct. 4”
Cryptocurrencies are like a trader’s Disneyland. Investors are wary of risky assets, but volatility bodes well for traders. Cryptocurrencies are like a trader’s Disneyland. Investors are wary of risky assets, but volatility bodes well for traders because it offers them more opportunities to initiate trades. As cryptocurrencies mature, they’ll likely become more stable. That doesn’t …
Continue reading “Starting With Cryptocurrency Trading? 5 Tips to Follow”
Global payments behemoth Visa says it is working on a protocol that can enable the sending of digital currencies across multiple blockchains. In a new blog post, Visa announces a new research paper that explores a concept they call a “Universal Payment Channel” (UPC). ADVERTISEMENT Visa describes the UPC as a hub that interconnects …
October 4, 2021 – Lisbon, Portugal New features and UI/UX for consumers searching for the earliest stage blockchain projects to invest in. Today, Polkastarter announced the successful upgrade to their IDO platform – Polkastarter V2 – nearly one year after starting the project. After a year of incredible growth, the development team released a number of major …
Continue reading “Polkastarter Launches V2 To Cement Status As Crypto’s Leading Launchpad”
October 4, 2021 – Hong Kong, Hong Kong The Three Kingdoms, a strategic third-generation NFT game, has successfully raised $3.2 million from supporting investors. The Three Kingdoms is based on the historical characters of the Three Kingdoms period in ancient China. The gameplay displays various methods to earn tokens. Players are given the chance to …
Continue reading “The Three Kingdoms Successfully Closes $3.2 Million Investment Round”
One of the buzzwords in the blockchain world you are probably constantly hearing about – yet are uncertain on what it means – is ‘tokenization.’ As new mobile payment apps are being developed, and our number of payment options is getting bigger and bigger, tokenization is a key element in all of these conversations. Simply put, tokenization …
Continue reading “Payment Tokenization and All You Need To Know About It”
Marathon Digital Holdings, a United States-based crypto mining company, has secured a $100 million revolving line of credit with Silvergate Bank using USD and Bitcoin. According to information provided by Marathon Digital, the mining firm obtained the $100 million credit line from the crypto-friendly bank on Friday. The company will use the credit to purchase …
Continue reading “Silvergate Bank issues $100M credit line to mining firm Marathon Digital”
Lossless, a decentralized finance (DeFi) security outfit, has assisted in the recovery of 5,152.6 Ether (ETH) siphoned during the Cream Finance exploit that occurred in August. Tweeting on Monday, Lossless identified white hat security expert Pascal Caversaccio as being pivotal to the successful recovery of the siphoned funds. As previously reported by Cointelegraph, DeFi lending …
Continue reading “DeFi security project ‘Lossless’ helps recover $16.7M from Cream Finance hack”
This week, United States lawmakers and regulators have stolen much of the spotlight once more. The cryptocurrency-related provisions of the infrastructure bill, a tiny grain of sand in the grand scheme of the omnibus legislation, had all laser eyes glued to the fateful House of Representatives vote — which never happened. There is a sense, …
Continue reading “Law Decoded: Infrastructure woes and benevolent punishments, Sept. 27–Oct. 3”
The International Monetary Fund (IMF) is issuing a warning to investors that this year’s crypto boom may pose risks to their financial stability. In a new blog post, the IMF says that even though the industry has grown tenfold since 2020, investors may still succumb to fraudulent crypto assets or abandoned projects as the digital …
