Cryptocurrency Analysis and News Portal
Bitcoin has flippened USD on Square’s Cash App, sort of.As reported in the publicly traded fintech company’s first-quarter earnings Wednesday, Cash App brought in $222 million on all its other fiat-powered services in Q1. Meanwhile, revenue from bitcoin was $306 million, the first quarter in which bitcoin revenue surpassed all
Read More
To close out Virtual Blockchain Week, best-selling technology author and co-founder of the Blockchain Research Institute (BRI), Don Tapscott, delivered a presentation articulating what he describes as the shift from the internet of information to the internet of value.In his presentation titled ‘Blockchain Revolution: The State of The Union,’ Tapscott
Read More
Bitcoin has been on an impressive run over the past few weeks, mounting past resistance after resistance despite a harrowing macroeconomic backdrop. Since the March lows of $3,700, BTC is up 150%, a stellar performance that puts almost any other $100 billion+ asset to shame.Although impressive, Bitcoin continuing to set
Read More
There’s an old saying on Wall Street that financial markets are driven by two emotions, fear and greed. In the crypto markets, the driver is often a combination of the two: fear of missing out.The FOMO, as it’s often called, looked strong Wednesday as bitcoin jumped to its highest levels
Read More
The past few weeks have seen Bitcoin push higher and higher every few days, establishing higher low after higher high after higher low on the back of an influx of buying pressure. But, according to a number of crypto traders, BTC is preparing to see a correction as the charts
Read More
Since dropping to a 2020 low at $0.93 on March 12, Tezos (XTZ) had been absolutely on fire, gaining 207% and within close distance of its all-time high at $3.96. For investors, the only question left now is, when will it stop? Crypto market daily performance. Source: Coin360Typically such large moves
Read More
At a macro level, the Bitcoin price bottomed every time the premium of Grayscale Bitcoin Trust (GBTC) fell substantially to a local low. After showing a 30 percent premium in March, GBTC markups fell steeply.Historical Bitcoin data shows a steep decline in GBTC premium led to extended ralles (Source: Bitcoin
Read More
Bitcoin (BTC) Bitcoin price closed the week at $7,126 with highs of $7,306 and lows of $7,472. This represented a gain of 3.16% and a fifth consecutive week of buying pressure since the sharp drop into $3,000s, which was quickly rejected.Bitcoin has begun the week with a sell-off, with prices
Read More
Since 2017’s blow-off top at $20,000, investors have been wondering when Bitcoin would be thrust into its next bout of parabolic growth. After all, crypto investors are used to rounds of rapid growth, then brutal drawdowns.Related Reading: Crypto Tidbits: Bitcoin Loses $7k, Blockchain Layoffs, Ethereum DeFi ExplodesBut, a key indicator
Read More
Kadan Stadelmann, CTO of the decentralized exchange AtomicDEX, believes it’s only a matter of time before Binance (BNB) implodes.Vitalik’s dream fulfilledAtomicDEX is a decentralized exchange built on top of the Komodo (KMD) multi-chain platform. It claims to be “the industry’s most advanced peer-to-peer mobile-first atomic swap protocol”.Talking to Cointelegraph, Stadelmann
Read More