Cryptocurrency Analysis and News Portal
Dog-themed coin Shiba Inu never fails to make noise. With the gripping crypto market crash happening, majority of American investors have hit the panic button and consider selling their digital assets – at which SHIB happens to top the list. Different states in the US such as New York, Florida,
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Bitcoin has been on a continued downfall after losing close to 33% over the last seven days. In the last 24 hours, BTC lost close to 6% and was moving towards its next support level. There has been immense choppiness in the market, with BTC steadying around the support level
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Hayes highlights open interest data for BTC and ETH, which are at $20,000 and $1,000.He says the closer the market goes to those strike prices; the more will be sold, leading to a potentially large sell-off.The market crash has had an enormous impact on the growth of the market, with
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The total crypto market capitalization has been trading in a descending channel for the past 29 days and currently displays support at the $1.17 trillion level. In the past 7 days, Bitcoin (BTC) presented a modest 2% drop and Ether (ETH) faced a 5% correction.Total crypto market cap, USD billion.
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Bitcoin (BTC) left both long and short traders behind in May and June, but data suggests trading it may be “easier” than many imagine.According to on-chain analytics resource Whalemap, Bitcoin whales have all but dictated market performance in recent weeks.Whales help pin Bitcoin at $30,000In fresh analysis published on June
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CoinDesk Editor-in-Chief Kevin Reynolds alerted me this week to a striking Linkedin post by a Coinbase (COIN) staffer. In the post, apparently now deleted, the Coinbaser wrote in part that it’s “crazy to me how much market value sits in these (probably) useless projects,” before listing a half-dozen tokens including
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Founder and CEO of business-intelligence software company MicroStrategy (MSTR) Michael Saylor has suggested there is no need for the firm to sell the large quantity of bitcoin it has accumulated. Source
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Security breaches and hacks often highlight the risks of storing Bitcoin (BTC) on centralized exchanges. One analyst even claims that keeping your BTC on exchanges is also a factor for price dips.Rufas Kamau, research and markets analyst at Scope Markets Kenya, explained his thoughts on how keeping BTC on an
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The miner said on Wednesday, during its earnings results, that its cash on hand was $118.5 million as of March 31, while total liquidity, defined as cash on hand plus available revolving credit facilities, was $218.5 million. The miner plans to reach 23.3 exahashes per second (EH/s) in mining power
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In a statement published on Monday, Japanese video game publisher Square Enix announced that it would be divesting its popular Tomb Raider franchise for $300 million and investing the proceeds into blockchain, artificial intelligence (AI) and cloud computing technologies. The principal developer of Tomb Raider is Square Enix's subsidiary Crystal Dynamics,
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