Cryptocurrency Analysis and News Portal
The price of bitcoin has been very stable lately, and the crypto asset has been trading in a less volatile range just above $9k per coin for 76 consecutive days. After the third halving, the price of bitcoin has also been far more stable, in contrast to the price
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Bitcoin failed to climb above the $9,300 resistance and extended its decline against the US Dollar. BTC is currently showing bearish signs and it might struggle to stay above the $9,000 support. Bitcoin declined below the $9,120 support and traded close to the $9,000 support. The price is currently recovering, but it
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Coinbase will host its first investor day, New York State prosecutors won a jurisdictional dispute involving Bitfinex and a protocol arms race is unfolding in Latin America. Here’s the story: You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can
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$16.7 million worth of decentralized finance (DeFi) liquidity protocol Kyber Network’s KNC token have been locked up in staking within 24 hours of the service’s launch.The milestone was noted by Kyber co-founder Loi Luu, who tweeted to announce that nearly 10.5 million KNC had already been staked.Hype for the launch
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Switching Bitcoin price charts from one type to another gives a clear as day look at what appears to be a full-blown breakout into a bull market.Better yet, the price action also shows a retest of downtrend resistance turned support, which could act as a launchpad for the cryptocurrency.Understanding Technical
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Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law.Editor’s noteThe U.S. is preparing for its Independence Day tomorrow. New spikes in positive COVID-19 tests will put a damper on some but not all of the traditional fireworks, cookouts and Martina
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After weeks of uninspired price action, Bitcoin hit new heights today on a variety of metrics: new addresses, active addresses, hourly transaction count and hourly spent outputs.Glassnode CTO Rafael Schultze-Kraft posted on twitter listing the achievements:Quite the on-chain activity on #Bitcoin today –Hourly New Addresses: 2-year highHourly Active Addresses: 1-year
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Cyber-thieves from the Bitfinex hack of four years ago continue to cash out, this time transferring the equivalent of $4.1 million in bitcoin to an unknown wallet address.Crypto tracking tool Whale Alert reports that hackers moved 416 bitcoin (BTC) on June 11. The funds, valued at $4.1 million at
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For more than 20 years, the stock market has made its most significant gains at the same time: overnight. After-hours trading for the S&P 500 has generated almost 600% while intraday gains are flat since 1993. The phenomenon has been even more pronounced since the great March 2020 selloff. Timing is everything in
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The Dow Jones Industrial Average rallied nearly 300 points in futures trading Monday night. Although the economy has likely plunged into recession, key indicators such as mortgage applications and travel bookings are up slightly. The Atlanta Fed’s GDP tracker estimates a second-quarter contraction of 41.9%. U.S. stock futures rose
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