On-chain data shows signs aren’t looking good for Bitcoin as the NVT ratio is indicating that the crypto is still overvalued right now. Bitcoin NVT Ratio Continues To Be At High Values As pointed out by an analyst in a CryptoQuant post, BTC…
Bank of Japan’s Kuroda Shocks Markets by Raising the Benchmark Rate to 0.5% From 0.25%
The Japanese yen is up 3.42% against the U.S. dollar on Tuesday as the Bank of Japan surprised the world by deciding to allow the benchmark interest rate to rise to 0.5% from 0.25%. The Japanese central bank was one of the only banks worldwide to…
Bitcoin Miner Greenidge Generation Reaches Debt Restructuring Deal With NYDIG
The deal will involve NYDIG taking ownership of miners, with the aim to lessen chances of a bankruptcy.Greenidge Generation, a bitcoin miner operating in New York, has reached a restructuring agreement for the $74.4 million debt with its lender…
HRF Bitcoin Development Fund Awards $325,000 In New Grants
12 projects across five continents have received $325,000 in funding from the Human Rights Foundation.The Human Rights Foundation’s Bitcoin Development Fund has announced a new set of grants to go out across the globe to support builders in the…
3 reasons why BNB price risks another 30% decline by January
BNB has entered the breakdown stage of its prevailing ascending triangle pattern alongside some negative fundamentals that can push price further down.
Bitcoin Poised To Resume Its Inclination To Outperform, Says Bloomberg Senior Analyst
After the Bank of Japan (BOJ) announced a surprising turnaround in its monetary policy today, the Bitcoin price managed to rise near the important resistance level of $16,900. The BOJ announced that it will drastically widen its yield curve control…
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,200 as Bank of Japan Policy Decision Impacts Markets
Ethereum rose back above the $1,200 level on Tuesday, as the dollar rebounded following the latest Bank of Japan (BOJ) policy decision. The bank adjusted its yield curve control, which increased its cap on the 10-year government bond, allowing…
Sango Coin listing postponed by Central African Republic
As the first country to adopt Bitcoin as legal tender in Africa, the Central African Republic appears to be struggling with its investor-oriented token, Sango Coin.
Bitcoin Bearish Signal: ‘Mid-Term’ Holders Show Signs Of Dumping
On-chain data shows that Bitcoin “mid-term” holders have been on the move during the past day, suggesting that they may be dumping currently. Bitcoin 3-6 Months Age Band Shows Large Spike In Spent Outputs As pointed out by an analyst in…
Why Bitcoin Long-Term Holders Seem To Be Losing Interest In BTC
Current market conditions hinder bullish market movements even for Bitcoin, which is arguably the king of cryptocurrencies. Recently, a crypto analyst named nino released an analysis showing that long-term Bitcoin positions are being liquidated. …
The Africa Bitcoin Conference Showed That Africa Needs Bitcoin, Just As Bitcoin Needs Africa
This month’s Africa Bitcoin Conference underscored the need for Bitcoin on the continent and the progress of grassroots projects there.This is an opinion editorial by Josef Tětek, the Trezor brand ambassador for SatoshiLabs.The inaugural Africa…
Report: Nigerian Lawmakers Set to Pass Law That Diminishes Central Bank Influence on Crypto
Nigeria is expected to designate cryptocurrency as capital for investment if the country’s House of Representatives votes to approve a bill that seeks to amend the Investments and Securities Act of 2007, a report has said. A Nigerian…
Layer 2 Labs Raises $3M At Launch To Supercharge Bitcoin's Ecosystem
The firm, led by BIP 300 and BIP 301 author Paul Sztorc, is on a mission to bring privacy, scalability and better UX solutions to Bitcoin.Layer 2 Labs is launching with the goal of scaling and building out drivechains for the Bitcoin Network. The…
Animoca Brands is the most funded metaverse developer in 2022: Nasdaq
New data from Nasdaq research revealed that over the last investors were keener to back late-stage industry leaders such as Animoca Brands compared to early-stage startups.
Meta Will Continue to Push Metaverse Investments in 2023 According to Head Of Reality Labs
Meta will continue to invest in VR (virtual reality) tech in 2023, according to statements made by Andrew Bosworth, head of Reality Labs, the metaverse division of the company. While Meta has made some changes and adapted to the current shaky…
Bringing community-based solutions to crypto lending can solve trust issues
The crypto lending space is plagued with trust and security concerns, but crypto lending platform BNPL Pay offers an innovative community-based lending solution.
One-third of singles are ready to date in the Metaverse: Survey
Data from a new survey from Dating.com says the metaverse can help propel dating into the future, especially as avatars become more reflective of users.
Busan city drops global crypto exchanges from its digital exchange plans
FTX was one of the key exchange partners for Busan city, but its recent collapse made the administration reconsider its plans of onboarding third-party crypto exchanges.
World Cup Win Not Enough To Save Argentina Fan Token From Losing 50% In Value
After beating France in the dramatic final of the 2022 Soccer World Cup in Qatar on Monday, Argentina won its third world title. The win that Argentina achieved is destined to go down in history as a momentous event. But, despite the dramatic…
‘Visibly Shaking’ FTX Co-Founder Hammers out a ‘Wasted Day’ in Court as Bahamian, US Legal Team Prep for Extradition
FTX co-founder Sam Bankman-Fried (SBF) had a difficult day in court on Monday according to a number of accounts that said SBF’s local attorney seemed to be in conflict with his U.S. legal team. Furthermore, courtroom reports noted that SBF dozed…
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