Cryptocurrency Analysis and News Portal
The price of Bitcoin (BTC) quickly recovered from around $44,800 to over $50,000 within merely 22 hours. Behind the rapid recovery are three major factors, including low funding rates, Square's $170 million Bitcoin purchase, and the spot market stabilizing.Bitcoin futures funding rates substantially dropAcross major futures exchanges, including Binance, Bybit and
Read More
The Bitcoin price (BTC) has been consolidating in the $6,900 to $7,100 range throughout the past 36 hours, right below a heavy resistance level at $7,200. Typically, a large price movement occurs when BTC gets stuck in a tight range for a prolonged period of time.Crypto market daily performance. Source:
Read More
Bitcoin appears to be forming a severely bearish technical indicator that analysts call a “death cross.”The grimly-named signal will kick in when bitcoin’s 20-day moving average drops below its 50-day moving average. So it appears, the cryptocurrency is only a few sessions away from making its first Death Cross for
Read More
Riot Games and KeSPA suspend League of Legends Champions Korea (LCK) over coronavirus concerns. The indefinite break will start after the Spring season’s first round robin concludes on Mar. 6. Organizers do not know when games will resume. Riot Games Korea and KeSPA announced today that the League of
Read More
At the start of October, New York-based legal firm Roche Freedman filed a new class-action lawsuit against stablecoin firm Tether and digital currency exchange Bitfinex. The case accuses the aforementioned entities of manipulating the market by using a host of sophisticated schemes that involved fraud, pump-and-dump schemes, as well
Read More