Cryptocurrency Analysis and News Portal
Bitcoin, the largest cryptocurrency by market capitalization, was recently trading at $29,809, down slightly over the past 24 hours. At one point during the day, BTC dipped perilously near a one-month low set earlier this week near $29,500. More than five weeks after spiking following multiple spot bitcoin ETF filings,
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Jarrad Hope, the co-founder of open source community Status, delivered a thought-provoking speech at the ETHBarcelona conference, highlighting the urgent need to strengthen civil liberties through politically neutral networks. A prominent advocate for privacy and co-founder of
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A two-month-long lull in cryptocurrency optimism has seen online search interest for “crypto” and other common cryptocurrency terms stumble down to late 2020 levels.According to data from Google Trends, the term “crypto” currently has a score of 17, which is well off its reference point of 100 in May 2021.
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The BTI indicator, which measures the directional momentum and strength in bitcoin's price, flipped from bullish to neutral on Thursday. The indicator consistently signaled an uptrend since Jan. 13, barring the brief red flash (downtrend signal) in mid-March and the neutral reading on April 24. Source
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Investors in the round included Anthony Sassano (author of Ethereum-focused Substack Daily Gwei), Patricio Worthalter (founder of “proof of attendance” protocol POAP), Surojit Chatterjee (former chief product officer of crypto exchange Coinbase), Joe Lallouz and Aaron Henshaw (founders of blockchain infrastructure provider Bison Trails), Solana co-founders Anatoly Yakovenko and Raj
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The bank slashed its price target for the crypto exchange to $65 from $80. Source
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D.A. Davidson analyst Chris Brendler downgraded Coinbase (COIN) to neutral from buy after a more than doubling in the stock in 2023 sent the price surging past his $55 price target. Source
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After 66 agonizing days, Bitcoin (BTC) price finally broke above the $20,000 psychological resistance on Jan. 14. At the same time, the current $400 billion market capitalization gives BTC a position in the top-20 global tradable assets, surpassing giants like Walmart (WMT), Mastercard (MA) and Meta Platforms (META).From one side,
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The highly disputed Robinhood shares claimed by both BlockFi and FTX might be transferred to a neutral broker or an escrow account while the courts determine the rightful owner.Digital asset lender BlockFi recently sued former FTX CEO Sam Bankman-Fried to claim the shares that were supposedly pledged as collateral for
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The total cryptocurrency market capitalization dropped 8.1% in the past two days after failing to break the $880 billion resistance on Dec. 14. The rejection did not invalidate the 4-week-long ascending channel, but a weekly close below $825 billion will confirm a shift to the lower band and reduce the support
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