Why Are Bitcoin Miners Moving An “Unusually” Large Amount of BTC?
Bitcoin is an asset unlike any other. Not only are prices impacted by normal market participants buying and
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Despite 10% Drop From Highs, Ethereum Holds Pivotal Moving Average
From Monday to Wednesday, Ethereum suffered the first strong correction seen in a few weeks. The asset slipped
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Gold Prices Hit Record High Moving Closer to $2K
Gold is benefiting from the present uncertainty. But it is unclear whether gold prices will grow further and set new record highs. Bulls’ next target is $2,000.In early trading hours today, gold prices set new record highs. After trading slightly above the $1,900 level last week, gold has hit $1944.76
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Bitcoin and the S&P 500 are Moving in Lockstep, and It’s Bad for BTC
Bitcoin has been forming a striking correlation to the S&P 500 and the rest of the stock market throughout the past few months. This correlation has only grown in recent weeks, and today’s slide in the equities market has led the benchmark cryptocurrency down to a crucial support level Analysts are now
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Bitcoin Started Moving in Sync With S&P 500, Volume Dropped, Kraken Says in June Volatility Report
According to the crypto exchange’s report, June was the most uneventful month for Bitcoin (BTC) trading since February and was marked by a reversal in correlation trends with gold and the S&P 500. Source
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PayPal and Venmo Reportedly Moving Into the Bitcoin and Crypto Market
PayPal, the global payments network and industry leaders, is planning to start selling large-cap cryptocurrencies to its 325 million consumer base, as per reports on June 23. Turning to BTC CryptoX quotes unnamed, “well-placed” industry members as the sources on the matter, with the latter stating PayPal will commence the “buys and
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Japanese E-Book Publisher Moving to DLT as Demand Increases
Japan-based Media Do Holdings will be investing $2.8 million towards distributed ledger technology for the distribution of its e-books.According to a May 17 article in the Nikkei newspaper, Media Do Holdings plans to invest 300 million yen — roughly $2.8 million at the time of writing — into developing a
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Upbit Hack’s $50M Funds Continue Moving After Hitting Binance
Crypto funds associated with Upbit’s $50 million hack in November 2019 have continued to move. Soon after hitting the world’s biggest crypto exchange, Binance, large sums of the stolen funds continued to be transferred to a little-known crypto exchange as well as major exchanges like OKEx.On May 14, Whale Alert
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Flattening Moving Average Puts Bitcoin Price Target at $9K in Q2
The short-term moving average on Bitcoin’s daily chart is flattening out.The phenomenon comes after the cryptocurrency hits the highest level since mid-March sell-off.Coupled with favorable fundamentals, such as halving, the MA indicates an extended bull run towards or beyond $9,000.A lagging technical indicator that determines bitcoin’s near-term market bias has
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Argentina’s Natural Gas Infrastructure Moving to Blockchain Technology
Sharing is caring!South American blockchain firm IOV Labs along with Grupo Sabra have launched their Gasnet blockchain network for Argentina’s natural gas distribution system. Gasnor was the first to greenlight the project but was soon followed by Argentina’s gas regulator Enargas who approved the nationwide deployment of the blockchain solution. “We
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