Bitcoin / 629 posts found
Solana Recovers Another 9%, Ethereum Classic Jumps 6% (Market Watch)
Cryptocurrency After yesterday’s price jump, bitcoin kept climbing and came close to $17,000 but was stopped ahead of it, at least for now. Most altcoins have also calmed following yesterday’s madness, but Solana and Ethereum Classic have charted notable gains again. Cryptocurrency SOL and ETC Lead the Way CryptoPotato reported the substantial volatility yesterday, resulting in numerous altcoins marking double-digit price increases. Somewhat expectedly, the landscape is significantly calmer today. Ethereum went from under $1,100 to almost $1,200. Another 3% daily rise in the past 24 hours has now pushed the second-largest cryptocurrency above that line. Binance Coin, Ripple, Cardano, […]
Despite Many Selling Bitcoin at Loss, Bottom Might Not Be Here Yet: Analysis
CryptoQuant analysts informed that a lot of bitcoin investors have been selling at a loss recently since the asset’s price is a long way from its highest levels from a year ago. However, the percentage of investors dumping their possessions now might not be enough to mark a bear market bottom. Citing the aSOPR (adjusted SOPR), which operates similarly to the standard SOPR but excludes all BTC transactions with a lifespan younger than one year, CryptoQuant’s analysis suggested that many investors are selling their bitcoin holdings at a loss now. As such, this could provide a good narrative that the […]
First Mover Asia: Bitcoin Holds Firm Over $16K After Tracking Stocks Upward
Cryptocurrency James Rubin is CoinDesk’s U.S. news editor based on the West Coast. Good morning. Here’s what’s happening: Prices: Bitcoin regained its grip over 16K after dipping to a two-year low earlier in the week. Insights: Changpeng Zhao and Elon Musk have been pointed in recent comments about FTX and the rapidly growing fallout. Did they go too far? Bitcoin Recovered From Its Monday Slumber Bitcoin awakened from an early-week slumber to rest snugly above its previous $16,000 support. The largest cryptocurrency by market capitalization was recently trading about $16,200, up 2.5% as crypto markets returned to tracking stocks, which […]
FTX Hacker Can be Caught Now! Here’s Who Might Reveal the Hacker’s Identity
Bitcoin FTX is making huge headlines in recent times as it has shaken the entire crypto space. Bitcoin & altcoins have witnessed a massive drop of an average of 10% to 15%. Moreover, when the assets were hacked and swapped for ETH & DAI, the markets witnessed a fresh plunge, marking new lows. While many speculations were around about the identity of the hacker, he/she may be an insider trying to accumulate the remaining funds, labelling it as a ‘hack’. But the real identity of the hacker may not be a secret for a longer time. Oxscope, the very first […]
End of Bitcoin’s Year-Long Downtrend – Here’s What Next For BTC Price
The crypto prices experienced immense bearish pressure by FTX’s Collapse and the Fed’s hawkish comments. Compared to Ethereum’s 8% drop to $1,100, Bitcoin’s ongoing decrease and breach of $16,000 was more disastrous. As investor confidence continues to decline, the market’s volatility is likely to remain unsteady and unpredictable. The market capitalization of all cryptocurrencies fell 5% the previous day, to now trade at $795 billion. In addition, trade volume rose 68% to $55.80 billion. Amidst all the speculation, a new trend for BTC is expected to emerge, according to the cryptocurrency analyst who correctly predicted the conclusion of the Bitcoin bull […]
Sports Clubs And Organizations Adopting Bitcoin And Blockchain
Cryptocurrency From the athlete at the top of their game to the vendor at the bottom of their business model, all stakeholders want to know that they can trust one another. So, if you are planning to trade or mine Bitcoin, then you may visit https://bit-indexai.com/ and register now. The platform has paid extraordinary attention to detail while designing its user interface. Blockchain, the underlying technology of bitcoin, could be the answer. However, the adoption of blockchain will be slow and cautious until all stakeholders are satisfied that they are protected. In late 2016, a few sports clubs and organizations […]