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Bitcoin (BTC) price lost 11.3% between Dec. 14 and Dec. 18 after briefly testing the $18,300 resistance.The move followed a 7-day correction of 8% in the S&P500 futures after the U.S. Federal Reserve chair Jerome Powell issued hawkish statements after raising the interest rate on Dec. 14.Bitcoin price retreats to
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On-chain data shows a key XRP sharks and whales group has been accumulating recently, a sign that could be positive for the asset’s price. XRP Whales And Sharks With 1M-10M Tokens Now Hold All-Time High Supply As per data from the analytics firm Santiment, 7.23% of the total XRP supply is now
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2022 will go down as a challenging year for the cryptocurrency and blockchain space, but the adversity faced has been strewn with plenty of positives for the decentralized application (DApp) ecosystem.DappRadar has released its yearly report on the industry, focusing on challenges faced alongside notable technological achievements and an increasing
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The meltdown of crypto exchange FTX and growing negative sentiment against centralized exchanges has forced Busan City to drop its plans.The contagion of the collapse of the crypto exchange FTX is widespread and has a widespread impact across the entire crypto space. South Korea’s blockchain city Busan has recently dropped
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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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After the collapse of Terraform Labs’ cryptocurrency, Terra (LUNA), and its stablecoin, Terra (UST), the notion of “algorithmic stabilization” has fallen to a low point in popularity, both in the cryptocurrency world and among mainstream observers.This emotional response, however, is strongly at odds with reality. In fact, algorithmic stabilization of digital
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Over the last year the crypto, and greater Web3 industry has seen a rollercoaster of loss, growth and innovation - and the data shows.In the latest industry report from cryptocurrency exchange Huobi, "Global Crypto Industry Overview and Trends", trends and stats were pulled from the industry on everything from nonfungible
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The Department of Justice has named Venture Capital company Octopus, the Gibraltar-based Wincent Investment Fund, Coincident Capital International, GGC Information Ltd., Pulsar Global Ltd., and a number of individual investors to represent the potentially million people owed money by the collapse of the Bahamas-based firm, whose founder Sam Bankman-Fried is
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Bitcoin price climbed higher towards $18,400 before there was a bearish reaction. BTC is now trading near a major support at $17,550 and might bounce back. Bitcoin broke the $18,000 resistance zone before there was a downside correction. The price is trading above $17,500 and the 100 hourly simple moving average. There is
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NFT Steez, a new weekly Cryptox podcast exploring nonfungible tokens and Web3 projects, spoke to Comic-Con legend Gareb Shamus about how he has used storytelling to build engagement and a “maker world” that grows and strengthens communities. What started off as a newsletter about comics — Shamus’ passion project — ultimately became
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