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Out of All the American States Study Shows Hawaii Expressed the Most Crypto Demand This Year
18.6.2021
A report published by the independent marketing intelligence company, Miq Digital, explains that Hawaii has seen the most crypto demand of all the states in the U.S., with a 687% increase since 2020. As far as increased cryptocurrency demand since last year, Nevada, California, Florida,...
Traders search for bearish signals after Bitcoin futures enter backwardation
18.6.2021
Analysts search for bearish signals after the June BTC futures trade below spot exchange pricing
It's Not That Hard Keeping Big Resellers Away From Graphics Cards
18.6.2021
While a Micro Center in Dallas was the scene of some depressing scenes earlier this month, when a huge crowd crushed against the store trying to get their hands on a new GPU, other stores in the chain have implemented far more stringent measures against scalpers and resellers.Read more
Bitcoin retests $37K support, gold and stocks drop lower over Fed comments
18.6.2021
Steady BTC inflows to crypto exchanges and fallout from the Federal Reserve’s plan to hike interest rates dropped Bitcoin price to the $37,000 support
Not sure if the bulls are back? Here’s how the golden cross spots trend reversals
17.6.2021
This key moving average convergence is a strong signal that the market is shifting from bearish to bullish
Bitcoin price falls after Fed shifts interest rate hikes forward amid inflation fears
16.6.2021
Stock markets and Bitcoin price took a slight hit after the Federal Reserve announced plans to increase interest rates twice in 2023, a tad bit earlier than markets expected
Price analysis 6/16: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, LTC, BCH
16.6.2021
Bitcoin’s recent rejection at $41,000 could extend the current range-bound action for a few more days and altcoins are expected to follow suit
Dip-buyers anticipate further downside after Bitcoin price falls to $38K
16.6.2021
Sellers pressed Bitcoin price back below $40,000, while analysts believe BTC will remain rangebound until the $42,000 level is breached
The Case for NFT Liquidity Markets
16.6.2021
NFTs are the latest crypto trend, actively attracting a lot of attention and money from artists, collectors, and investors. From Twitter’s CEO Jack Dorsey’s $2.9 million NFT to Beeple’s $69 Million artwork, NFTs are popping everywhere. While the interest in NFTs is exploding, there...
Defi Derivatives Exchange Dydx Raises $65 Million – Project Plans to ‘Launch a Mobile Application’
16.6.2021
The decentralized exchange (dex) Dydx announced the organization has raised $65 million in a Series C funding round led by Paradigm. The Dydx announcement notes that the additional capital will be leveraged to “significantly improve liquidity” on the dex platform “through...
Porsche Enters NFT Market Launching Trading Card Platform Fanzone
16.6.2021
Porsche, the German carmaker, is diversifying to digital markets through the launch of Fanzone, an NFT-based trading card market. Fanzone, built by Forward31, a Porsche company builder, seeks to capitalize on classic trading card demand. At the same time, Fanzone tries to combine this classical...
Ethereum price bounce to $2.6K fails to excite neutral-to-bearish pro traders
16.6.2021
Ethereum derivatives data highlights the lack of short-term strength as ETH price lags Bitcoin’s recovery to the $40,000 range
Bitcoin price hits $41K, then rejects after sellers defend the 200-MA
15.6.2021
A breakout above $41,000 provoked selling near a key moving average but the move could just be a lower support retest
Market Wrap: Attempts to Push Bitcoin Above $40K Stall
15.6.2021
Some analysts are optimistic while others prefer to see stronger signs of upside momentum before calling a bottom
Traders look for Bitcoin price daily close at $41K to confirm bullish reversal
15.6.2021
Bitcoin’s range breakout boosted sentiment but traders are waiting for a daily close above $41,000 before taking more decisive action
Microstrategy Selling up to $1 Billion of MSTR Stock to Buy Bitcoin
15.6.2021
Microstrategy Inc. is selling up to $1 billion of its common stock, MSTR, with the aim to use some of the net proceeds to buy bitcoin. The Nasdaq-listed company also recently completed a $500 million secured notes offering and will use the proceeds to acquire bitcoins. Selling MSTR Stock to...
Introducing HUMAN Protocol: A New Way for Humans and Machines to Securely Connect and Collaborate
15.6.2021
HUMAN Protocol is an infrastructure to reshape how humans work, by supporting distributed job markets in which any job, of any size or type, can be securely tokenized, published, and completed. The Protocol facilitates direct, globally mapped connections that bring workers closer to the rewards...
DeFi Projects Continue Flocking to Layer 2 Solution Polygon
15.6.2021
Polygon’s cheaper transaction costs and faster block time have driven increased adoption by a number of major projects
Bitcoin derivatives data shows pro traders ignored today’s $41K pump
15.6.2021
Bitcoin price may have pumped 10% to $41,000 but derivatives indicators show top traders aren’t feeling so bullish
Algorand (ALGO) price strengthens as institutional investors back the project
15.6.2021
Backing from institutional investors and a series of new partnerships could help ALGO break from its current range in the coming week