Six on-chain metrics suggesting Bitcoin is a 'generational buying opportunity'
Six tried and tested on-chain metrics are repeating patterns last seen at the bottom of the past three bear markets.
Posts published on January 24, 2023 go to media archive 1/3
DOT Price (Polkadot) Indicators Suggest Strong Case For Fresh Rally
Polkadot’s DOT started a fresh increase from the $5.60 support against the US Dollar. It correcting gains, but indicators suggest high chances of a fresh increase. DOT is holding the ground above the $6.00 and $5.80 levels against the US dollar…
Crypto Regulation Is Like a Flimsy Umbrella in a Monsoon
Ethereum Price Drops 6% and Signals Risk of Trend Change Below This Support
Ethereum started a downside correction below $1,600 against the US Dollar. ETH is down over 6% and remains at a risk of a drop below the $1,480 support. Ethereum is showing a few bearish signs below the $1,600 and $1,580 levels. The price is now…
Quant (QNT) Adds 8% In The Last 24 Hours, Will It Continue To Soar?
Like most cryptocurrencies, Quant (QNT) has witnessed a considerable price rally over the past weeks. The token has added more than 8.24% over the past 24 hours. Even the broader cryptocurrency market has recently seen tremendous improvement in its…
Saudi Central Bank still researching CBDC, but no decision on deployment
Saudi Arabia's central bank stressed that no decision has been made to launch a CBDC in the Kingdom, but it will continue to research use cases.
Bitcoin Price Just Saw Technical Correction But Key Uptrend Support Intact
Bitcoin price started a downside correction below $23,000. BTC is testing an important support and might start a fresh increase towards $23,500. Bitcoin started a downside correction and declined below the $23,000 support zone. The price is trading…
Jim Cramer Says Avoid Crypto, Stick With Gold for ‘Real Hedge’ Against Inflation and Economic Chaos
Stablecoins and CBDCs might play 'meaningful role' in payments — Visa CEO
Visa began working on a blockchain interoperability project in Sept. 2021 to support CBDC and stablecoin adoption but few updates have been made since.
Breaking: BlockFi reportedly posts uncensored financials revealing $1.2 billion FTX exposure
The documents previously censored financial information relating to FTX and Alameda Research, but uncensored copies were released by mistake.
Economist Peter Schiff Explains Why Bitcoin and Gold Are up This Year — ‘They’re Rising for Opposite Reasons’
80% Of Uniswap Holders Support BNB PoS Chain For Deploying V3 Protocol
Uniswap (UNI), a decentralized protocol, is ready to roll out the third version of its platform. The protocol aims to provide a suitable platform where users can seamlessly swap ERC-20 tokens without using an order book. For the v3 launch, the…
Court to hear oral arguments in Grayscale’s lawsuit against the SEC in March
Grayscale had expected it wouldn’t be able to voice arguments until the second quarter, and is calling the quicker timeline “welcome news.”
Casual gamers a ‘critical’ audience for blockchain games: GameFi execs
Many casual gamers are still reluctant to play games that use blockchain tech, but gaming execs believe one good game could change that.
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Bank of America, JPMorgan, Wells Fargo Collaborate to Launch Digital Wallet: Report
Seven major banks, including Bank of America, JPMorgan Chase, and Wells Fargo, have reportedly teamed up to launch a digital wallet that will compete with other third-party wallet providers such as Paypal and Apple Pay. Big Banks to Launch a…
SushiSwap To Redirect 100% Trading Fees To Treasury
While the DeFi market has continued to mirror the crypto market rally, more innovations have been introduced to the ecosystem. In today’s news, SushiSwap, the sixth-largest decentralized exchange (DEX) by 24 hours trading volume, has passed a…
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Casting Stones From a Glass House: Yellen’s Comments on Zambia’s Debt Restructuring Draw Criticism From Chinese Embassy
Arizona lawmakers seek to make crypto a tax-exempt property
Should the bill pass the legislature, Arizona voters could choose whether virtual currency is tax exempt as part of a November 2024 ballot measure.
Surojit Chatterjee to retain 249,315 shares of Coinbase stock after departing company
The former chief product officer will receive a healthy severance package, as he departs from his previous role at the exchange.
Finder’s Experts Predict Bitcoin to Peak at $29K in 2023, But Forecast a Low of $13K
The price of bitcoin is set to rise in 2023, but crypto and fintech experts chosen by the product comparison web portal finder.com do not believe the leading digital asset will break the $30,000 range this year. Finder’s panel of 56…
New 'Celsius token' may be used to repay creditors: report
It was suggested that the token could be part of a reorganization that would turn it into a publicly traded, U.S. regulated company.
Ethereum futures and options data reflect investors’ growing confidence in ETH price
ETH price struggles to flip $1,700 to support, but key derivatives data show bulls making plans to break through the resistance.
Chiliz (CHZ) Continues To Record Significant Gains, Moves Over 5% In The Last Day
The global cryptocurrency market cap stands at $1.05 trillion, representing a 0.19% increase in the last day. As the cryptocurrency market continues to rally, altcoins are posting incredible gains. For instance, Chiliz’s price is gaining…
Blockstream raises $125M to finance expanded Bitcoin mining operations
Bitcoin miners came under significant pressure during the bear market; however, Blockstream said institutional hosting customers were more “resilient.”
Blockstream Raises $125 Million For Bitcoin Mining Expansion
Led by Kingsway Capital, Blockstream has raised $125 million for the purpose of expanding their institutional mining services.Blockstream has announced they’ve raised $125 million in convertible note and secured loan financing with the aim of…
UK gov't is hiring a central bank digital currency lead for Treasury team
The team lead will determine the “strategic direction” for Treasury’s efforts to develop a digital pound in line with the U.K. government’s agenda.
Ghanaian Cedi Second Worst-Performing Asset Among Sub-Saharan Africa’s Top 15 Currencies
In just the first 17 days of the new year, the Ghanaian currency reportedly depreciated by 12.7%, making it the second worst-performing among Sub-Saharan Africa’s top 15 currencies. While one U.S. dollar bought 13.10 units of the cedi on the…
Solana (SOL) price rally could fizzle out due to weak fundamentals
Solana’s usage data and ecosystem development do not support the recent bullish rally, raising the probability of a SOL price correction.