Bitcoin price extended its increase and tested the $17,500 resistance. BTC corrected gains, but it remains well supported above the $16,800 support. Bitcoin extended its upward move above $17,100 and $17,300 resistance levels. The price is trading…
Ripple CTO shuts down ChatGPT's XRP conspiracy theory
An AI chatbot alleged Ripple can secretly control its blockchain through an undisclosed backdoor in the network's code and has been ridiculed by the firm's CTO.
The Path To A Bitcoin Economy: Decentralized Bitcoin-Backed Credit
Bitcoin-backed credit built with DeFi represents a stronger and more practical vision of "bitcoin free banking" originally described in 2010 by Hal Finney.This is an opinion editorial by David Seroy, Founder and President of Old North Capital…
Kentucky to scrutinize contracts offering cheaper electricity to miners
The Kentucky government is investigating whether the proposed discounted electricity for crypto miners will raise electricity costs for Kentucky residents.
Standard Chartered Bank: Bitcoin Could Fall to $5,000 Next Year
Standard Chartered Bank says the price of bitcoin could drop to $5,000 next year. The bank’s analyst explained that cryptocurrencies could fall further and more crypto firms could “succumb to liquidity squeezes and investor…
Bitcoin Now Undervalued For 170 Days, How Does This Compare With Previous Bears?
On-chain data shows Bitcoin has been undervalued for 170 days now, here’s how this figure compares with that during the previous bear markets. Bitcoin MVRV Ratio Has Been Stuck Under ‘1’ Since 170 Days Ago As pointed out by an…
This Crypto Exchange Terminates Half Of Its Employees Amid Bear Market
The crypto world has had its fair share of drama as the bear market bites down on the entire landscape. In addition, global inflation has also caused most companies to resize their organizational structure. Crypto businesses are now planning for…
This Week’s NFT Sales Slid 5% Lower Than Last Week, Ethereum NFT Sales Accounted for 76.8% of the Volume
On Monday, Dec. 5, 2022, market data shows that non-fungible token (NFT) sales dropped 5.23% lower than last week’s sales despite a 15.16% increase in NFT buyers. Out of the $112.70 million in NFT sales volume over the last week, Ethereum-based…
US House committee chair pushes back against SBF's excuse to potentially delay testimony
"It is imperative that you attend our hearing on the 13th, and we are willing to schedule continued hearings if there is more information to be shared later,” said Maxine Waters.
For First Time Ever, Bitcoin Hash Ribbon Golden Cross Has Failed
On-chain data shows the Bitcoin Hash Ribbon golden cross has failed to provide an uplift to the price for the first time ever. Bitcoin Hash Ribbons Have Recently Formed A Death Cross As pointed out by an analyst in a CryptoQuant post, the BTC Hash…
Crypto markets appear to be losing some of their recent bullish momentum, but a favorable tailwind from equities markets could catalyze a breakout in Bitcoin and select altcoins.
Metaverse comes in second place for Oxford's word of the year
The term describing an internet-enabled virtual world lost to 'Goblin mode' in 2022 — "a type of behavior which is unapologetically self-indulgent, lazy, slovenly, or greedy."
Document Claims Alameda CEO Caroline Ellison’s FTX Margin Position Was Negative $1.3B in May 2022
In a number of recent interviews, the former co-founder of FTX, Sam Bankman-Fried (SBF), explained that he “wasn’t running Alameda” and he “didn’t know the size of their position.” In a more recent…
Riot Blockchain Announces Record High Hash Rate Capacity
Although hash rate capacity is at a record, mining conditions did lead to a relative underperformance in bitcoin received throughout the month.Riot Blockchain has released its unaudited production and operations updates for November 2022. According…
Maple Finance cuts ties with Orthogonal Trading over alleged misrepresentation of finances
Maple’s decision comes after Orthogonal Trading admitted on Dec 3 that it was unable to meet loan repayments following the collapse of FTX and its partner Alameda.
DFINITY brings new smart contract functionality to Bitcoin with Internet Computer integration
DFINITY Foundation, the not-for-profit organization contributing to the development of the Internet Computer (IC) — a high-speed, internet-scale public blockchain — has announced today the Internet Computer’s mainnet integration with Bitcoin…
RBB LAB Uses NFT to Serve Alberto De Luigi and Andreas Kohl Summons
PRESS RELEASE. San Marino, Dec 5, 2022 — RBB Lab, a technology development firm based in the Republic of San Marino, has used NFT (Non-Fungible Token) technology to issue court summonses for the case against Alberto De Luigi, Andreas Kohl, both…
Buyers Rule Over Algorand’s (ALGO) Price Action, Enough To Break Above $0.26?
The Algorand price has been positive over the last 24 hours. Despite minor gains, the altcoin has been moving north. There have been many updates in Algorand’s ecosystem, which might have brought in a slight appreciation in price. As bulls…
Discover the best mobile payment apps. Apps are the quickest and most convenient way to buy or sell Bitcoin. Read our guide covering the top 10 payment apps.IntroductionPayment apps are the easiest and quickest way to buy or sell bitcoin and…
Biggest Movers: LTC Climbs to Highest Level Since May
Litecoin rose to a seven-month high to start the week, as cryptocurrency markets continued to react to the latest U.S. nonfarm payrolls figures. The token was up for a second consecutive session, climbing to its highest point since May. Shiba inu…
Data Suggests Bitcoin Miners Have Capitulated, Bottom Is Close
The inflection point in every bitcoin bear market is capitulation, and the mining sector may have just reached its own trough of bearishness.This is an opinion editorial by Zack Voell, a bitcoin mining and markets researcher.Bitcoin miners often…
Bitcoin Kicks Off Week Above $17,000, Market Sentiment Turns Optimistic
Bitcoin is seeing some green during this week’s market opening and seems poised to reclaim higher levels in the short term. The number one crypto by market cap experienced some of its worst months in history, but the bulls were able to hold…
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