Quant Suggests Bitcoin Will Be Back In The Driver Seat After Ethereum Merge
A quant has suggested that Bitcoin will again become the driving force in the crypto market once the Ethereum merge hype dies
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SEC chair suggests openness to crypto bills that don’t ‘inadvertently undermine securities laws’
United States Securities and Exchange Commission chair Gary Gensler supports legislation that gives the Commodity Futures Trading Commission greater authority over crypto — seemingly if it doesn't step on the SEC’s toes.In written remarks for a Thursday program hosted by the Practising Law Institute, Gensler encouraged intermediaries in the crypto
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Parabolic Bitcoin Bull Run Likely After Dormant Coin Supply Peaks, Past Data Suggests
"If two-thirds of bitcoin is off the market (not for sale) for an extremely long period of time, the price is driven up when more buyers enter the market bidding for a finite supply—a scenario that has played out in bitcoin twice before," Bhatia noted, adding that there are more
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Prince Philip of Serbia suggests bringing Bitcoin into the classroom
Speaking to Cryptox over sandcastles at the Surfin’ Bitcoin 2022 event at Casino de Biarritz in France on Thursday, Prince Philip said he was “bullish on Bitcoin” in part because of the impact it could have on children’s education around the world. The prince, a self-described Bitcoin (BTC) maximalist, hinted
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Monthly Ethereum options data suggests $2K will remain an elusive target
Since failing to close above the $2,000 mark, Ether (ETH) price has faced a steep 16.8% correction, but this was not enough to give bears an edge in the August $1.27 billion monthly options expiry.Ether USD price index, 12-hour chart. Source: TradingViewCurrently, there are mixed feelings about the network’s upcoming
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Telegram founder suggests ‘NFT-like smart contracts’ to auction usernames
Pavel Durov, the founder of encrypted messaging app Telegram, has floated the idea of a marketplace that could utilize “NFT-like smart contracts” to auction highly-sought after usernames. Durov made the suggestion after the “success” of domain name auctions by The Open Network (TON), a layer-1 blockchain originally designed by the Telegram
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Bitcoin Price Bearish Weekly Close Suggests it’s Vulnerable For Bigger Decline
Bitcoin declined heavily below the $22,000 support zone against the US Dollar. BTC is correcting gains, but upsides might be limited above the $22,500 resistance. Bitcoin extended losses and declined below the $22,000 support. The price is now trading below the $22,000 level and the 100 hourly simple moving average. There is a
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Coinbase CEO Suggests Exchange Won't Censor Transactions on PoS Ethereum
In a tweet, Brian Armstrong expressed his preference not to censor transactions to and from sanctioned addresses after Ethereum's transition to proof-of-stake. Source
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Expansion of short-term BTC holders suggests ‘final flush’ of sellers
A recent spike in short-term BTC holders could signal a “final flush” of sellers, meaning the capitulation events have played out, leaving the market ready for months of accumulation. The latest The Week On Chain report from market analysis firm Glassnode on Aug. 15 points out that short-term holders (STHs) have
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Is The Bitcoin Surge Due To An External Reason? What The Data Suggests
The world’s first and largest cryptocurrency is making gallant steps towards the greens in a recent outturn of events. Bitcoin is experiencing a sharp rise in price within its market. Recent trading activities got BTC’s price to hit the $24,000 mark. This creates a positive record for the top cryptocurrency
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