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Bitcoin (BTC) has reentered its most significant lifelong consolidation zone but could still crash to a “macro bottom,” new research warns.In a Twitter thread on April 27, on-chain analytics platform Material Indicators shone a light on the importance of $38,000 for BTC price action.Bitcoin circles all-important point of controlAfter lingering
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Non-fungible token (NFT) sales have increased by 23.56% over the last week, as $945.2 million in sales were recorded across 15 different blockchains during the last seven days. NFT sales stemming from Ethereum jumped 29.16% in seven days, gathering $863.2 million in sales or 91.32% of the $945.2 million in
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Bitcoin (BTC) stayed below $40,000 on April 24 as the weekly close looked set to be a painful one for bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBinance bids slowly thin below spotData from Cryptox Markets Pro and TradingView showed BTC/USD failing to retake the $40,000 mark after losing it before the
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Ethereum continues to trade close to its support level of $3,000 on Good Friday, as some financial markets were closed for the holiday weekend. Volatility has slightly eased as a result, with BTC also hovering near its floor around $40,000 during today’s session. Bitcoin Bitcoin was trading lower during Friday’s session, as
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Amazon (AMZN) CEO Andy Jassy said on CNBC Thursday morning that the e-commerce and cloud-computing giant is likely not close to adding cryptocurrency as a payment mechanism for its retail business, but it’s possible it will sell NFTs (non-fungible tokens) in the future. Source
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Crypto hedge fund giant Pantera Capital is set to close a blockchain fund next month that is backed by around $1.3 billion worth of capital. The Pantera Blockchain Fund was announced in May last year, with plans to raise $600 million to invest in early-stage tokens, venture equity, Web3 firms
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The Select Fund was Pantera’s fifth, joining the Bitcoin Fund, Early-Stage Token Fund, Liquid Token Fund and Blockchain Fund. Select is “smaller, more targeted and therefore more concentrated than a typical growth fund,” said Pantera. The deadline for limited partners to get in on the Select Fund is May 1. Source
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During the last year, there’s been a lot of discussion concerning bitcoin treasuries or public firms putting bitcoin on their balance sheets. However, the leading crypto asset by market valuation is not the only digital currency being held by treasuries. Ethereum has become a prominent treasury asset as a number
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Bitcoin (BTC) prepared for its lowest weekly close of the month so far on April 10 after a week of disappointing losses.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: BTC "giving people a second chance"Data from Cryptox Markets Pro and TradingView showed BTC/USD circling $42,700 Sunday with a matter of hours to
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Investors in the region were more risk-averse this week amid fresh evidence of the U.S. central bank's commitment to hawkish monetary policy and an unsettled macroeconomic environment; cryptos were mixed. Source
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