Bitcoin (BTC) might have failed to sustain the $42,000 support, and for many, this is a slightly bearish sign. Interestingly, the downward move occurred shortly after Saudi Aramco, KSA’s largest oil exporter, denied claiming to start mining Bitcoin. Top traders at exchanges seized the opportunity to add leverage-long positions, a clear bullishness indicator. Furthermore, margin …
Continue reading “This key Bitcoin price indicator shows pro traders buying each dip”
A prominent crypto analyst says that he expects both Bitcoin and Ethereum to put up stellar performances toward the end of the year. The crypto strategist, known in the industry as Inmortal, tells his 56,100 Twitter followers that Ethereum is poised to ignite a strong rally against Bitcoin (ETH/BTC) and surge as high as 0.11 …
Bitcoin SV (BSV) has reportedly suffered a “massive” 51% attack beginning around 11:45 am Tuesday, resulting in up to three versions of the chain being mined simultaneously. Analytics provider Coin Metrics confirmed Tuesday afternoon that its FARUM risk management platform had identified the 51% attack. FARUM has identified a 51% attack today on the BSV …
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A closely followed crypto analyst is mapping out two possible scenarios for Bitcoin as BTC struggles to break $40,000. In a new strategy session, the pseudonymous analyst known as Altcoin Psycho says he’s looking at the $41,000 level in BTC as the potential trigger for either a continued rally or a correction. ADVERTISEMENT According …
Continue reading “Bitcoin Bull Trap? Popular Crypto Analyst Plots Two Opposing Scenarios for BTC”
Ripple’s lawsuit with the Securities and Exchange Commission (SEC) is now bringing mega crypto exchange Binance into the mix. Ripple CEO Brad Garlinghouse says Binance holds relevant documents to the court case. ADVERTISEMENT In a new filing with the Southern District of New York on behalf of the CEO, Garlinghouse’s legal team requests documents …
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Blockchain analytics firm IntoTheBlock says this month will be a defining moment for Bitcoin and Ethereum with respect to their battle for dominance over the crypto markets. Bitcoin reigns supreme as the world’s leading cryptocurrency in terms of market capitalization at $722.7 billion while Ethereum maintains second place at $292.7 billion. Analysts at IntoTheBlock suggest …
A multi-million-dollar property in California’s Sonoma County featuring panoramic vineyard views is up for sale for $3.3 million, according to a new listing. A San Francisco Chronicle report says that the 4,400-square-foot, three-bed, three-bath property located in Santa Rosa can be purchased in cash or Bitcoin (BTC). ADVERTISEMENT The property’s listing agent Lisa Thomas …
Ethereum’s London upgrade is set to activate on Thursday, according to the countdown available on Ethereum.org. “The London upgrade is scheduled to go live on Ethereum in August 2021, on block 12,965,000,” Ethereum.org reads. “It will introduce EIP-1559, which reforms the transaction fee market, along with changes to how gas refunds are handled and the …
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Bitcoin (BTC) price appears to have faked out investors with its move to $42,000 last week and while the digital asset struggles to hold above $38,000, altcoins with strong fundamentals and real-world applications are gaining momentum. Terra (LUNA), a blockchain protocol that backs the fiat-pegged TerraUSD (UST) stablecoin, is one such project that has managed to …
Continue reading “Terra (LUNA) price rallies 162% while Bitcoin and altcoin prices drop”
Gary Gensler, chair of the United States Securities and Exchange Commission, or SEC, believes that the blockchain revolution started by Satoshi Nakamoto in 2008 is more than just a fad, but a real value proposition for the future of the internet. In an interview with the Aspen Security Forum on Tuesday, Gesler talked about his …
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Gelato Network, a protocol that automates smart contract executions on Ethereum (ETH), has integrated with decentralized finance (DeFi) aggregator Zerion to help users better manage liquidity when interacting with decentralized exchanges (DEXs) like Uniswap. The partnership enables Zerion’s over 200,000 monthly active users to have their Uniswap v3 positions managed automatically, Gelato Network announced Tuesday. …
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Crypto strategist and trader Michaël van de Poppe is outlining the levels where Ethereum, Theta Network, Terra and two more altcoins could stage the next leg up. The crypto analyst tells his 361,300 Twitter followers that he’s looking at two critical levels for Ethereum where bulls may step in to drive the price of ETH …
On Friday of last week, I got a press release from Grace at a music and public relations firm called 23, and Grace wanted to know if I was interested in running a feature on a series of nonfungible tokens, or NFTs. I almost instinctively replied “I am not, as I am actually exhausted reading …
Continue reading “Thanks to Bauhaus, I totally get NFTs now”
Last week’s momentum in Bitcoin has all but faded as (BTC) price is once again below the $39,000 level with bears and bulls locked in a heated battle for market dominance. Data from Cointelegraph Markets Pro and TradingView shows that while Bitcoin price falters, several altcoins like Voyager Token (VGX), Perpetual Protocol (PERP) and Terra (LUNA) have seen …
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An upcoming collaboration between Bakkt and Quiznos will allow customers to pay for meals at certain locations with Bitcoin (BTC). Customers will be able to pay in BTC at certain Quiznos shops in Colorado’s capital as part of an initial test run, according to a public statement on Tuesday. “The pilot will be available at select Quiznos …
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