Bitcoin Shakes Off the Bears and Aims for $20,000 By End Of Year, Can It Make It?
Bitcoin remains rangebound, hovering around its yearly lows, with some short timeframe bullish momentum. The cryptocurrency suffered amid the FTX’s collapse and the subsequent contagion, but market participants seem more optimistic about potential…
Bitcoin Capitulation Deepens As aSOPR Metric Plunges To Dec 2018 Lows
On-chain data shows the Bitcoin aSOPR metric has dropped to lows not seen since December 2018, suggesting that holder capitulation is deepening. Bitcoin aSOPR Plummets To Lows Not Observed Since Almost 4 Years Ago As pointed out by an analyst in a…
Ethereum Price Reclaims Demand Zone Of $1,200 – Here Are Levels To Watch
ETH price reclaims demand zone of $1,200 as the price aims to trend higher Price continues to look bearish with the market’s current state, as most traders and investors remain cautious ETH price bounces from a low of $1,100 on the daily…
Survey Suggests Institutional Investors Still Interested In Crypto
The crypto market is undergoing one of its lowest cycles since the turn of the year. Some crypto forecasts predicted a more positive outlook for the crypto market for November. However, events changed things negatively. The U.S. Federal Reserve…
Data Shows That Bitcoin’s Lightning Network Has Solved The Scalability Problem
A data-driven exploration proving that Lightning scales bitcoin payments beyond Visa and that second-layer innovation is the way.This is an opinion editorial by Stanislav Kozlovski, a software engineer and macroeconomic researcher.Many Bitcoiners…
Russia Prepares to Create Government-Controlled Crypto Exchange
Lawmakers in Russia are drafting legislation that would allow the establishment of a “national cryptocurrency exchange,” local media unveiled. Coins now circulate outside of government oversight and the Russian state is losing budget revenues in…
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,200, as Federal Reserve Set to Pivot Policy
Ethereum moved back above $1,200 on Thursday, as markets continued to react to the latest Federal Open Market Committee (FOMC) minutes. Yesterday’s report hinted that the U.S. Federal Reserve could pivot to smaller interest rate increases…
Data Signals Major Red Flag As Chainlink (LINK) Rises 8% Over Last 7 Days
With a price increase of 8% over the last seven days, Chainlink (LINK) is currently one of the best performers on the crypto market, behind Litecoin (LTC) and BNB. Remarkably, the trading volume of LINK has dropped 20% in the last 24 hours to just…
Bitcoin Trades Above $16,500 – Could This Be A Bear Trap?
BTC’s price lost its all-time high of $18,000 as FTX fiascos continued to affect its price Price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors BTC’s price…
Data Lake Launches Consent-to-Earn Medical Data Donation System
PRESS RELEASE. The EU-funded web3 startup Data Lake has launched the world’s first medical data donation system, based on Distributed Ledger Technology and with a novel incentives mechanism that rewards people for their medical data altruism called…
Polkadot Soars 8% In Last 24 Hours Courtesy Of Its Dev’t Activity, NFT Ecosystem Growth
With the use of relationships with parachains, Polkadot will be able to expand its ecosystem’s capabilities and reach new heights. Moonbeam Network and its subsidiary, Moon River, have joined forces with Bifrost recently. There’s hope…
Study: 6,100 Crypto ATMs Installed in 2022, Figure 3 Times Less Than in Previous Year
New data has shown that as many as 6,100 crypto and bitcoin automated teller machines were installed in the first eleven months of 2022. The latest figure is approximately three times less than the ATMs that were installed in 2021. The data shows…
Dump Incoming? Rogue BTC-e Sends $165 Million In Bitcoin To Personal Wallets And Exchanges
After a year of near dormancy, Bitcoin funds of the rogue exchange BTC-e are on the move again. Chainalysis, an American blockchain analysis firm headquartered in New York City, is reporting that 10,000 BTC, worth about $165 million, have been…
IMF Blog: Better Regulation of Africa’s Growing Crypto Market Urgently Needed
A well-regulated African cryptocurrency market is needed in order to protect users as well as help countries stop bad actors from using digital assets to circumvent capital controls, the latest post on the IMF blog has said. The blog post…
Top 3 Altcoins Performers For The Week – LTC, CRV, ZEC
The crypto market keeps getting touchy and challenging for most crypto traders and investors, with the market being hit virtually every week with bad news that sends the price of most altcoins to their weekly lows. Recently, the price action…
Deloitte: Metaverse Could Add $1.4 Trillion a Year to Asia’s GDP
Deloitte estimates the metaverse could add $1.4 trillion to Asia’s GDP annually by 2035. Noting that the metaverse market could be as large as $13 trillion by 2030, the global financial services firm said: “The metaverse is no longer…
Solana Price Prediction: Why Upsides Could Be Limited in SOL
Solana tumbled below the $20 and $15 levels against the US Dollar. SOL price is now recovering, but upsides might be limited above $15 and $17. Sol price traded as low as $10.92 before it recovered a few points against the US Dollar. The price is…
Bitget Gives Investors an Edge With a Series of Crypto Social Trading Features
For most retail investors, trading has traditionally been a solitary exercise, making the barrier to entry relatively high. Information regarding trading instruments and market conditions can often be hard to come by or, at other times, too complex…
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