Bitcoin price holds $26K as derivatives data hints at end of volatility spike
BTC futures and options data show pro traders’ sentiment was not impacted despite last week’s 11.4% correction.
Posts published on August 21, 2023 go to media archive 2/4
Bitcoin Volatility Returns With 15% Drop
The article below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox…
Bitcoin Price Follows This 1930’s Chart, Why BTC Could Keep On Falling
Volatility is back for the Bitcoin price and the crypto market, but it currently favors the bears as value tumbles in the past few days. The nascent sector was moving sideways, but a liquidation cascade forced prices into critical support levels…
The secret to successful branding in Web3: The science of choosing
One more thing: It is not an art or magic. There is a science to branding.
Friend.tech Attracted NBA Influencers. So Why Does Everyone Think Crypto’s Latest Trend Will Die?
Despite its initial success in attracting celebs, the portents aren’t good for the latest “Twitter-killer.”
Bitcoin Bulls Mull the Meaning of New Fed Messaging on Inflation and Interest Rates
Instruments tied to interest rates compete with Bitcoin for investor dollars.
Price analysis 8/21: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, DOT
Bitcoin and select altcoins are starting to recover, but selling at the top of each price breakout suggests that bears remain in control.
Will Bitcoin Retest $20,500 Again? This Pattern May Suggest So
Bitcoin is forming a pattern that has historically led to the asset retesting a specific line. At present, this level would be found at $20,500. Bitcoin Has Dropped Below The 200-Day SMA With The Recent Crash A few days back, Bitcoin observed a…
Binance Plans to Halt EUR Withdrawals via SEPA Amid Third-Party Payment Challenges
Numerous sources have indicated that Binance, the largest crypto exchange by global trading volume, has temporarily halted EUR withdrawals and deposits through SEPA due to challenges with a third-party payment facilitator. However, a post published…
Scientists reverse-engineered the Luna flash crash using particle physics
Some of the same techniques used to study the thermal history of the universe can be used to understand crypto crashes.
SEC charges crypto investment manager with misleading advertising, custody claims
The case against Titan Global Capital Management is the first brought under the U.S. regulator’s 2020 revised marketing rule. It also touches on compliance issues.
Gemini Hits Back At SEC Lawsuit With Dismissal Filing
Gemini, an American cryptocurrency exchange, has taken a stand against the United States Securities and Exchange Commission (SEC), deeming the lawsuit brought forth by the regulator as “absurd.” Gemini Pushes Back Against SEC Lawsuit In the ongoing…
Biggest Movers: LTC, ETC Rebound on Monday, Despite Bearish Sentiment
Litecoin was back in the green to start the week, despite the crypto market continuing to trend mostly lower. At the time of writing, the global market cap is down 0.59%, following a recent red wave. Ethereum classic also climbed higher on Monday…
Dogecoin Proof Of Stake Discussion Heats Up As Lead Dev Chimes In
Dogecoin Lead Developer, Mishaboar has expressed his doubts about a possible move to a Proof of Stake (PoS) blockchain consensus. The developer has stated that the transition to a POS mechanism is not a “sensible approach” and has highlighted…
Why the choice of the blockchain matters for NFT collections
When choosing a blockchain, consider the trade-offs and align it with your needs. Avoid risking your funds, time and community trust.
Coinbase sees lukewarm demand for debt buyback, raises offer
The United States crypto exchange has increased its offer for discounted debt by 3%.
Crypto users react to death of Shiba Inu behind viral memes
The 12-year-old dog had appeared in memes with Dogecoin's own inspiration, the Shiba Inu named Kabosu, including ‘Swole Doge vs. Cheems’.
Binance Coin Falls Below $210 As BNB Bridge Hacker’s Health Rate Sinks To 0.99
In a complex tangle of smart contracts, governance proposals, and fluctuating crypto prices, the financial health rate of the infamous Binance BNB Bridge exploiter address (0x48…9bec) has fallen below the critical value of 1, hovering at 0.99. This…
Social Platform Friend.tech Gains 100K Users in Days Even in Depths of a Bear Market
The growth correlates with the more than $25 million in revenue generated by the platform since its Aug. 10 launch.
Binance limits withdrawals in Europe, cites payment processor issues
In a since-deleted customer service message, Binance said that the failed withdrawals were caused by temporarily suspended euro transactions through SEPA.
As Ordinal Transaction Dominance Soars, NFT Advocates Question Bitcoin’s Reported Downturn
Metrics reveal a significant day for the Bitcoin blockchain as 411,511 Ordinal inscriptions were minted Sunday, clinching the title of the second most prolific day for inscriptions ever. Additionally, over the past seven days, Ordinal inscriptions…
Bitcoin speculators are underwater on 88% of their BTC bags — Research
A tale of two types of Bitcoin investor emerges, as BTC price action separates "sensitive" speculators from seasoned hodlers.
PayPal’s new PYUSD stablecoin faces legal headwinds and ‘less functionality’
Industry experts explain the benefits and disadvantages of PayPal’s PYUSD stablecoin.
Diamond In The Rough: Solo Bitcoin Miner Secures $160,000 Block Reward
On August 18, a solo miner managed to solve block 803,821, securing a remarkable 6.25 Bitcoin block reward valued at $160,000. This is a very rare event as lone miners have a lower chance of mining a block due to the increase in mining difficulty…
Top UK university partners with AI startup to analyze crypto market
Imperial College London announced a collaboration with AI startup FluidAI to tackle major issues in the crypto market such as liquidity aggregation.
Terra Website Compromised; Developers Warn Against Phishing Scam
Layer 1 blockchain Terra was targeted by a phishing attack over the weekend with the official website being compromised by hackers.
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate, Following Last Week’s Losses
Bitcoin rebounded from this weekend’s low on Monday, as markets attempted to consolidate following recent losses. The cryptocurrency rose back above the $26,000 level, after a brief stint below this point. Ethereum also settled, after…
BNB Chain Exploiter Liquidated for $30M on Venus Protocol
This is the second major liquidation in under a week and potentially safeguards bnb prices from crashing suddenly.
Ethereum co-founder Vitalik Buterin moves $1M of ETH to Coinbase
On-chain data shows that Ethereum co-founder Vitalik Buterin moved 600 ETH to U.S. exchange Coinbase amid ongoing market woes.
XRP Whales Accumulate, Can Price Recover Now?
On-chain data shows the XRP whales have been sharply accumulating recently, something that can help the price recover. XRP Whales Have Continued To Expand Their Holdings Recently According to data from the on-chain analytics firm Santiment, the…