One of the most common errors traders make when analyzing cryptocurrency markets is taking an exchanges’ bid and ask data and traded volumes at face value. When doing this type of analysis, the trader has to exclude the trading venues mentioned on multiple ‘fake trading volumes’ reports, like the one Bitwise published in March 2019. …
Continue reading “Data fails to conclude that Bitfinex shorts are depressing Bitcoin price”
Crypto analyst and trader Lark Davis thinks Ethereum (ETH) is massively undervalued with the potential to explode in the coming years. In a new video, Davis compares Ethereum to PayPal, showing that Ethereum is already far outpacing the payment giant despite its smaller size in terms of market capitalization. ADVERTISEMENT “Now, PayPal is one …
Twitter CEO Jack Dorsey and tech mogul Elon Musk appear to be planning a publicly held Bitcoin conversation at ‘The B Word’ Bitcoin convention this July. This Thursday, Jack took to Twitter to spotlight the Bitcoin event, during which Bitcoin devotees will attempt to destigmatize Bitcoin and clear up some of the mystery surrounding the …
Continue reading “Elon Musk and Jack Dorsey Plan To Have ‘The Talk’ About Bitcoin at July Event”
The chief investment officer of crypto investment firm Arcane Assets, Eric Wall, says that Chinese miners are most likely not the primary contributors to the recent bearish price action of Bitcoin. In a tweet, Wall argues that the amount of Bitcoin that Chinese miners could have sold is just a fraction of the market’s daily …
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Remembering John McAfee: Computer programmer and crypto evangelist dead at …
HodlX Guest Post Submit Your Post There is a generalized detraction from financial responsibilities and awareness among modern society members, which is especially evident among the more digitized, younger generation that is seeking an escape from reality into the online world. This has led to the emergence of a new trend. By merging the necessity …
Continue reading “GameFi Projects Are on the Rise As New Gaming Model Finds Interest Among Zoomers”
Major crypto investment firm Pantera Capital unveils that it is expanding its decentralized finance (DeFi) portfolio. The firm is backing Risk Harbor, a risk management marketplace for DeFi that was founded this year. It utilizes an automated, transparent and impartial claims process to protect liquidity providers and stakers against smart contract hacks and attacks. ADVERTISEMENT …
Continue reading “Crypto Investment Giant Pantera Eyes This New DeFi Project”
Although the price of Bitcoin (BTC) continues to hover around $30,000, industry experts are noting that there is a bullish long-term view. To put this into perspective, Alex Mashinsky, chief executive officer and co-founder of Celsius – the centralized cryptocurrency lending platform – told Cointelegraph at Bitcoin 2021 in Miami that he sees Bitcoin reaching …
Continue reading “‘Bitcoin will go all the way to $160,000 this year,’ says Celsius CEO”
While a presentation yesterday from Boston Federal Reserve President Eric Rosengren has some members of cryptoTwitter spooked at the idea of regulation and oversight, the central bank might simply be pondering the future. In a presentation titled “Financial Stability,” Rosengren identified the stablecoin Tether by name as a part of three different “Financial Stability Challenges.” …
Digital currencies are quickly becoming more mainstream within the Canadian financial landscape. Alongside this increased adoption, Canada has been relatively successful at creating a stable regulatory environment. In 2014, Canada established itself as a leader in the global digital asset space when the Canadian Parliament became the first government in the world to pass a …
Continue reading “Crypto in Canada: Where are we today, and where are we heading?”
Crypto whales are once again on the move as they abruptly relocate hundreds of millions of dollars worth of Ethereum and XRP. The large crypto transfers were initially detected by blockchain tracker and analytics tool Whale Alert. ADVERTISEMENT Whale Alert reported that on Thursday, a crypto whale sent more than $84 million worth of …
In a little more than 40,000 days — or over a hundred years — we have gone from the first terrestrial flight to the first flight on another planet. Within that short time, the amount of fuel burned and, unfortunately, even lives lost have been immense. In exchange, flight has completely transformed everything from commerce …
Continue reading “Blockchain and sustainability — There’s more to it than electricity usage”
On June 12, Bitcoin (BTC) mining pool Slush Pool mined block 687,285 with the transaction including a Taproot upgrade activation signal. That particular block was the 1,816th to include a signal for Taproot activation by a BTC miner within the difficulty epoch that lasted from May 30 to June 13. With 2,016 blocks created every …
Continue reading “Bitcoin Taproot locked in to improve privacy and introduce smart contracts”
There are always two components to each altcoin’s price. One is the coin’s own characteristics: Fundamentals, investor sentiment toward the asset, liquidity and trading volume, among many others. Another powerful factor — the one that often renders any altcoin-specific dynamics irrelevant — is Bitcoin’s performance. Like it or not, when the king of cryptocurrencies soars, …
Continue reading “Beating Bitcoin: Why some traders don’t care about USD prices”
Altcoin traders and investors should look for cover if Bitcoin (BTC) undergoes major price declines. So believes Filbfilb, an independent market analyst and co-founder of Decentrader trading suite. In a tweet published late Friday, the pseudonymous entity said a 30% crash in the Bitcoin market could prompt altcoins to drop twice as harder. When Bitcoin …
