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Bitcoin cools from 1-week highs with key long-term metric echoing $44K
30.11.2021
A "bullish engulfing" enters on multi-day charts as BTC price action manages to preserve some of Monday's gains
Fed Chair Jerome Powell Could ‘Slow Crypto Down’ in His Second Term, Warns Billionaire Mike Novogratz
30.11.2021
Billionaire investor Mike Novogratz has cautioned that Federal Reserve Chairman Jerome Powell could slow down the crypto market in his second term in office. Commenting on his renomination, Novogratz said Powell could “act more like a central banker than a guy that wants to...
Key data points suggest the crypto market’s short-term correction is over
29.11.2021
Bitcoin price is still pinned below $60,000, but the recovery in ETH and altcoins suggests that the current correction could be coming to an end
Long-Term Bitcoin, Ethereum Holders Remain Confident, On-Chain Data Shows
23.11.2021
The important long-term holders (LTHs) of both bitcoin (BTC) and ethereum (ETH) are still optimistic about the near-term price moves of the two cryptocurrencies, according to on-chain indicators analyzed by Kraken Intelligence.
Despite hitting all-time highs earlier in November, both BTC and...
Bitcoin Mining Company Griid Secures $525 Million Credit Facility From Blockchain.com
23.11.2021
On Monday, the mining firm Griid Infrastructure announced the company has secured a $525 million credit facility from the crypto firm Blockchain.com. According to the announcement, the credit facility will be a four-year term in order to increase the company’s mining capacity. Bitcoin Mining...
Long-term Bitcoin holders at multi-year high: Glassnode
23.11.2021
The analytics provider reported that long-term BTC holders are reducing their spending, and adding to positions
After Overseeing the Largest Monetary Expansion in US History Biden Renominates Powell to Lead the Fed
22.11.2021
U.S. president Joe Biden revealed his intent on Monday to re-nominate Jerome Powell as the Federal Reserve chairperson. Major indices and stocks gained on the news that Powell will get a second term as the head of the central bank. Biden Chooses to Renominate Fed Chair Jerome Powell On Monday...
'Fear' returns to Bitcoin while long-term holders own just 3% of BTC unrealized losses
19.11.2021
Bitcoin price declines finally shake out "greed" among investors, according to the Crypto Fear & Greed Index
BTC, ETH Find Support After Sell-Off, Long-Term Technicals Remain Strong
19.11.2021
A sell-off in the crypto market that started on Monday this week intensified overnight, with bitcoin (BTC) dipping as low as 55,600 before a slight recovery started during early European trading hours.
At 11:20 UTC, bitcoin traded at USD 56,777, down 5.8% for the past 24 hours and down 12.6%...
Why TurboXBT Is the Ideal Platform for Trading Short-Term Contracts
19.11.2021
There are many short-term trading platforms out there in the market today. Still, TurboXBT offers several advantages that separate it from the competition, including having one of the highest payout rates in the industry. Although the platform is a relative newcomer, it has signaled its ambitions...
Square Enix Contemplates ‘Robust Entry’ Into Blockchain Games as Part of Business Strategy
8.11.2021
Square Enix, one of the biggest developers and publishers in the gaming world, has acknowledged the importance that NFTs and blockchain gaming could have for the future of the company. In its latest briefing session, Square Enix contemplated a “robust entry” into the blockchain games...
Major Thai Bank SCB Acquires 51% Stake in Cryptocurrency Exchange
3.11.2021
Siam Commercial Bank, one of the largest banks in Thailand, is acquiring a 51% stake in a cryptocurrency exchange. The acquisition will help the bank “create new growth value in the long term amid a new financial world,” said the CEO of the bank. Major Thai Bank Becoming Majority...
Long-Term Bitcoin Holders Continuing the Trend: Kraken Reports
1.11.2021
Kraken recently released its Shocktober report, revealing major information about Bitcoin. The report states that most BTC miners still maintain their original holdings even under adverse conditions. The one-year received supply of Bitcoin shows a granular view of long-term hold supply....
The Semantics of Jamstack
25.10.2021
The past year has seen a healthy debate around the term ‘Jamstack’ as the definition gets stretched to include new use cases. I recently posted my take on a Jamstack definition in “Static vs. Dynamic vs. Jamstack: Where’s The Line?”…
The post The Semantics of Jamstack appeared...
Bitcoin ETF May Feel Good to BTC Enthusiasts, but Adoption May Not Advance In-Kind
22.10.2021
While cheered emphatically by the crypto community, the bitcoin ETF’s simplicity hides many drawbacks, especially for long-term investors unfamiliar with the inner workings of the futures market and the rocky results of historical ETF launches. The First Crypto’s Saga Continues...
Soldex Signs Long Term Partnership With Speqto Technologies
20.10.2021
Soldex is thrilled to announce that it has officially partnered with Speqto Technologies to accelerate the development of it’s decentralized exchange (DEX) solution, and to build and program the A.I.-powered bots, that form part of the services offered by Soldex to the public. Speqto...
Russia aims to replace US dollar reserves with digital assets in long term
19.10.2021
Last week, the Russian president said it was “a bit early” to use cryptocurrencies to settle oil trades
'All bears will die' — Bitcoin metric prepares to flip green for the first time in 6 months
19.10.2021
The complex-sounding but insightful Long-Term & Short-Term Holder Realized Price Ratio is tipped to repeat its historical bull signal
Crypto Firm Owners Plead Guilty to Tax Evasion, Face up to 5 Years in Prison
14.10.2021
The owners of a cryptocurrency firm that raised approximately $24 million from more than 13,000 investors have pleaded guilty to tax evasion. “These crypto-savvy defendants exploited an emerging technology, lying to their investors, pocketing the proceeds, and concealing the income from...
Long-term Bitcoin bulls hodl strong despite five-month price high
12.10.2021
Bitcoin wallets that haven't seen outflows for more five months and are currently sitting on $754 billion worth of the asset