Cryptocurrency Analysis and News Portal
Historically, activity surrounding the Bitcoin (BTC) monthly futures and options expiry has been blamed for weakening bullish momentum. A few studies from 2019 found a 2.3% average drop in BTC price 40 hours before the CME futures settlement date. However, as Cryptox reported in June 2020, the effect faded away. While
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During an interview with Bloomberg TV on May 3, Binance CEO Changpeng Zhao suggested that Bitcoin (BTC) "is probably less volatile" than the stock prices of Apple (AAPL) and Tesla (TSLA).Zhao argued that crypto's volatility was not unlike the stock market, adding: that "volatility is everywhere" and that "it is
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Smartphone maker Nokia has announced the launch Nokia Data Marketplace — the company’s enterprise-grade blockchain-based data marketplace infrastructure service.In a release issued on Wednesday, Nokia revealed that its new blockchain service reportedly offers data transaction and analysis within the framework of a secure private, permissioned blockchain infrastructure. As part of
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The research points that around 12 Doge addresses account for approximately 68% of the total circulating supply.After pumping more than 120X since the beginning of the year, on-chain data now points towards Doge whales are behind the spectacular rally that has shadowed the rest of the crypto assets.According to a
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Last weekend, the Bitcoin price fell below the psychologically significant support level of $50,000. Furthermore, the 50 day moving average was breached to the downside and some popular technical indicators – such as the MACD – are flashing bearish warnings. The confluence of downwards price action, bearish signals, and negative news
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Ethereum is not getting flipped by Binance Smart Chain anytime sooner, shows on-chain indicators. Blockchain analytics platform IntoTheBlock gathered data on Ethereum transactions with volumes greater than $100,000. The portal noted that the second-largest blockchain network processed $20.68 billion worth of transactions in the week ending April 11, leading to a
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With the global cryptocurrency market cap now reaching US$2.1 trillion, the industry is experiencing a time of both heightened interest and heightened scrutiny by regulators, consumers, businesses and governments — some warranted, some not. This scrutiny runs parallel to the massive increase in concern directed toward big technology firms that
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A Latvian artist going only by the name of Kiwie has announced their intention to release more than a thousand nonfungible tokens that represent real-world street art.According to a statement from Kiwie, the nonfungible token, or NFT, pieces will allow art connoisseurs to physically own street art without removing the
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