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BTC Liquidity Tightens as Bitcoin Held by Exchanges Hits 6-Month Low
14.2.2022
While the price of bitcoin is 38% lower than its $69K price high three months ago, the amount of bitcoin on exchanges is at its lowest figure since April 2021. At the end of July last year, there was 2.59 million bitcoin held by crypto trading platforms, and today there’s only 2.36 million...
$4K Ethereum by July? ETH price posts fastest recovery to date from 50% drawdown
9.2.2022
ETH price may have bottomed in January following its sharpest rebound to date in a bear market
US Still Dominates Bitcoin Mining Sector, 30-Day Stats Show Foundry USA Takes Top Pool Position
25.1.2022
Since the Cambridge Bitcoin Electricity Consumption Index (CBECI) project updated its mining map in mid-July, the United States has continued to dominate in terms of the amount of hashpower worldwide. Moreover, data shows that Foundry USA has managed to command the top pool position with...
Bitcoin, Ethereum Technical Analysis: BTC Falls to 5-Month Low
24.1.2022
The selloff in cryptocurrencies continued to start the week, with bitcoin falling to its lowest level since July. Ethereum was also trading in the red, hitting multi-month lows in the process. This comes as the overall global market cap in cryptos was down close to 9% at the time of writing....
Here are levels to watch as Bitcoin fights to avoid $30K July repeat
21.1.2022
Bitcoin price action visits levels below $38,000 for the first time since August as losses continue to mount
Crypto Fear and Greed Index Score Hits 5 Month Low, Analyzed Sentiment Points to ‘Extreme Fear’
9.1.2022
On January 8, 2022, the price of bitcoin dropped to $40,517 per unit just after 1 p.m. (EST) on Saturday afternoon. According to the Crypto Fear & Greed Index (CFGI), sentiment shows “extreme fear” is in the air, and the CFGI score is a 10. The last time the CFGI score was this...
Bitcoin clings to $42K as key moving average break from July reappears
7.1.2022
There are some strong similarities to summer 2021 for Bitcoin currently, while the outlook for Ethereum is bleak, one trader suggests
Defi Lending Startup Aave Launches Permissioned Platform to Entice Financial Institutions
5.1.2022
On January 5, the open-source non-custodial decentralized finance (defi) lending platform Aave launched a permissioned version of the protocol aimed at institutions. The platform dubbed Aave Arc will leverage Fireblocks as the first whitelister as the platform aims to help bridge traditional...
Justin Sun Will Go to Space on Blue Origin Mission Taking 5 People With Him
24.12.2021
Justin Sun, the founder of Tron, a smart contract-enabled cryptocurrency platform, announced yesterday he would fly to space next year to fulfill one of his childhood dreams. The space trip will be done in a Blue Origin spaceship, the company owned by Jeff Bezos, founder of Amazon, which also made...
Cryptocurrency Bill Advances to Chamber of Deputies in Paraguay
20.12.2021
A cryptocurrency bill introduced in July to the Senate of Paraguay has been approved. The text, which defines several important concepts including virtual assets, and establishes the need for licenses to mine cryptocurrencies, will now advance to the Deputy Chamber to be discussed. Paraguay Could...
Reddit Introduces ETH-Based Community Points Beta Program With Custom Tokens for Subreddits
9.12.2021
The popular forum and news aggregation web portal Reddit has revealed the firm’s Community Points beta program where Reddit users can “own a piece” of their community with “custom tokens” for subreddits. Blockchain-Backed Reddit Community Points: ‘The First...
Bitcoin AUM falls 9.5% to record largest monthly pullback since July
28.11.2021
The Bitcoin assets under management (AUM) market fell 9.5% to $48.7 billion in November while altcoin-based crypto funds such as Ether saw their AUM rise 5.4% to $16.6 billion
Bitcoin’s Hashrate Dips, Mining Difficulty Expected to Decrease for First Time Since July
27.11.2021
Bitcoin’s hashrate has been volatile in recent times following the same patterns as the crypto asset’s price. Three days ago, Bitcoin’s hashrate neared the 180 exahash (EH/s) zone only to plummet to 128 EH/s two days later. The recent shifts have taken place before the upcoming...
While BTC Skyrocketed to $69K, Whale From 2013 Transfers $147 Million Worth of ‘Sleeping Bitcoins’
10.11.2021
Following the string of 20 block rewards spent on Wednesday, an idle bitcoin wallet that was created on July 10, 2013, transferred 2,207 so-called ‘sleeping bitcoins’ worth over $147 million. Both of these massive transactions took place on the same day bitcoin reached an all-time...
Biggest Bitcoin fund in the world could become ETF by July as GBTC nears $40 billion AUM
29.10.2021
Filing to convert GBTC now is "perfect timing," the company's ETF head argues, but concerns remain over the overall strength of the industry
Finder’s Panel of Fintech Experts Predict Ethereum Will Reach $5,114 This Year, Over $50K by 2030
26.10.2021
At the end of July, the product comparison website Finder.com published its research findings from a panel of experts that predicted the crypto asset ethereum would reach $4.5K this year. On October 25, Finder updated its “Ethereum Price Predictions Report” that polled 50 financial...
Bitcoin Hashrate Increases 32% in 3 Months, Stealth Miners Command 12% of BTC’s Hashpower
24.10.2021
Bitcoin’s hashrate has been increasing a great deal during the last three months, as it’s increased more than 32% from 103 exahash per second (EH/s) on July 25 to today’s 137 EH/s, with a few highs in between around the 189 EH/s mark. Bitcoin’s price spike has pushed...
From $4 to Over $3.1 Million — Miner Transfers 50 ‘Sleeping Bitcoin’ After BTC Sat Idle for 11 Years
24.10.2021
On October 22 at 4:52 p.m. (EDT), a miner that acquired 50 bitcoin on May 17, 2010, spent the funds that sat idle for 11 years and five months. There hasn’t been a 2010 block reward spent in three months and the last time a 2010 miner spent their ‘sleeping bitcoin’ was on July...
FTX Raises $420 Million in Series B-1 — Crypto Exchange Commands $25 Billion Valuation
22.10.2021
The digital currency exchange FTX Trading Limited announced the firm has raised more than $420 million in a Series B-1 fundraise. The capital raise follows the crypto exchange’s financing round at the end of July when FTX raised $900 million. After the raise was announced on October 21,...
Ubisoft Brings Back Might and Magic Game They Shut Down In July
22.10.2021
In June, Ubisoft took down some DRM servers that accidentally broke Might & Magic X - Legacy, to the point where the game had to be removed from shopfronts. A few months later, and probably after some folks had long assumed the game was simply dead, it’s back.Read more