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Bitcoin (BTC) stayed rigid below $17,000 at the Dec. 19 Wall Street open as skeptical traders feared more downside.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC traders call time on upside potentialData from Cointelegraph Markets Pro and TradingView showed BTC/USD lingering around the $16,700 mark, practically unmoved over the weekend.The pair
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Bitcoin’s funding rate has been negative over the last couple of weeks. Last week saw the funding rate exit the neutral territory even as bitcoin prices continued to plummet. This past week was a hard one for every crypto stakeholder, as most of the coins were in a bloodbath. Bitcoin
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Bitcoin (BTC), the leading cryptocurrency by market value, fell 2% to $16,950, extending a retreat from the one-month high of $18,300 reached Wednesday. Ether (ETH), the second-largest cryptocurrency, fell 4.3% to $1,210, hitting the lowest since Nov. 29, CryptoX data show. Source
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As the FTX collapse highlighted the need for more transparency from centralized crypto exchanges, working with auditors has been the move by top crypto trading platforms to assure users that their assets are fine. However, two of the most prominent auditors have suddenly dropped their crypto auditing services, leaving exchanges
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Wave of miner bankruptcies could keep bitcoin under pressure in the first quarter of 2022, VanEck's Matthew Sigel said, while forecasting a bull revival in the second half of the year. Source
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“Traders don't want to hold Silvergate Capital this week as fears that any testimony from FTX could be damning,” said Edward Moya, senior market analyst of the Americas at OANDA. “Lawmakers are trying to find out everything that went wrong with FTX and some of that could spill over to
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Gaming retailer GameStop says it will no longer focus any efforts on cryptocurrencies, after amounting $94.7 million in net losses in the third quarter and laying off staff from its digital assets department. On a Dec. 7 earnings call GameStop CEO, Matt Furlong, said it “proactively minimized exposure to cryptocurrency”
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Place/Date: - December 3rd, 2022 at 7:27 pm UTC · 3 min read Source: Snowfall Protocol The world of blockchain technology is ever-changing, and with the introduction of Snowfall Protocol’s (SNW) $3 Million phase 2 presale, it is changing yet again.The highly
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Disparities in information access and data analytics technology are what give institutional players an edge over regular retail investors in the digital asset space.The core idea behind Markets Pro, Cryptox’s crypto-intelligence platform powered by data analytics firm The Tie, is to equalize the information asymmetries present in the cryptocurrency market.Markets
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Bitcoin miners could catch a break in a week or so, on or around Dec. 5, 2022, as the next difficulty retarget is expected to see a significantly large reduction. Estimates show the next difficulty retarget could drop anywhere between 6.13% and 10% lower. Presently, the difficulty change looks as
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