Cryptocurrency Analysis and News Portal
To review, Worldcoin’s pitch is essentially twofold. At its core is The Orb, a device that scans the retinas of users, so they can later confirm their identity online. The Worldcoin token, in turn, is intended to be distributed as a form of “universal basic income” (UBI) and is currently
Read More
During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has put massive pressure on bitcoin miners. On Nov. 30, 2022, statistics show if miners paying for electricity pay roughly $0.12 per kilowatt hour (kWh), only
Read More
A simple but elegant Bitcoin (BTC) price metric has returned to lows from before the 2017 bull market.As noted by its creator, Charles Edwards, CEO of asset manager Capriole, the Bitcoin Yardstick is now at its second lowest levels in history.Yardstick prints second-lowest reading everAs on-chain metrics converge to put
Read More
SOL price struggles as $30 support failed to hold, with many buyers sweating on their open SOL position. SOL price breaks below 50
Read More
Miners with smaller crypto holdings relative to their market capitalization include Hive Blockchain (HIVE), Bit Digital (BTBT), CleanSpark (CLSK), Stronghold Digital (SDIG) and Greenidge Generation (GREE). Valkyrie said this batch of miners could be viewed as more “defensive” and less exposed to their liquid assets declining if crypto prices continue
Read More
Kromatika is a DEX that makes executing trades easy and wraps up many of the variable costs and other hidden headaches with DEX trading into one simple fee – paid in its utility token, $KROM. Its smart contracts interact with Uniswap v3 to place limit orders – swaps that execute
Read More
Fidelity’s director of Global Macro has shared his bitcoin and ether price outlook. His analysis shows that bitcoin is cheap but ether could be even cheaper. “Ethereum could be close to a bottom,” he added. Fidelity’s Director on Bitcoin and Ether Price Outlook Jurrien Timmer, director of Global Macro in Fidelity Investments’
Read More
Bitcoin (BTC) has not been this good value since it cost $1,130, one analyst argues as BTC offers a “compelling” risk/reward ratio.In a Twitter thread on July 7, Jurrien Timmer, director of global macro at asset manager Fidelity Investments, simply described $20,000 Bitcoin as “cheap.”Timmer: "In other words, Bitcoin is
Read More
Bitcoin (BTC) dipped below $40,000 support on April 18, and the two-week 15% correction was enough to prompt predictions of $30,000 prices in the near term. Meanwhile, regulatory uncertainties continue to be a key concern for investors, including the failed European Know Your Customer (KYC) and Anti-Money Laundering (AML) proposed rules for
Read More
Bitcoin (BTC) pulled off an impressive double-digit rally this year, but the digital asset has been struggling to break the $45,000 resistance lately. This level does not hold any historical importance because it has been easily breached multiple times. The same can be said for Bitcoin's $850 billion capitalization, which
Read More