The sideways price action of Bitcoin (BTC) has recently been a hunting ground where whales can easily liquidate ill-informed traders on leveraged trading platforms. Without decent balancing, any asset can become boring. But let’s not forget that BTC is not the only cryptocurrent that exists, as several altcoins are currentlyRead More →
Bitcoin has been seeing a drop in volatility lately, with its price range-bound for a while now. In fact, the extended bear market has also contributed to new entrants emerging less optimistic, and this can be seen clearly when BTC’s maturity charts are observed. Bitcoin’s tussle with $10,000 & accumulationRead More →
The latest research from the ZUBR derivatives exchange published on 29 June showed that retail investor participation is increasing despite the longstanding argument that institutional adoption would be necessary to propel crypto prices upwards With the recent halving being a distant memory and the price of Bitcoin (BTC) remaining atRead More →
After five years of intense research and development, the Cardano ecosystem has achieved a major milestone. Shelley has arrived. Well, at least in code. According to the roadmap shared by IOHK’s Charles Hoskinson in the past, the Shelley era essentially involves critical early steps in Cardano’s journey towards optimizing decentralization.Read More →
The price of Bitcoin (BTC) recorded its strongest Q2 performance in history following a massive plunge on March 13 when the price dropped below $3,600 before eventually pushing above $10,000 over the next three months. Researchers at Skew said: “Bitcoin is having today its third best quarterly close in itsRead More →
Disclaimer: The findings of the following analysis should materialize by mid-July June 2020 hasn’t been smooth sailing for XRP, the market’s fourth-largest cryptocurrency. After the dramatic decline in March, XRP peaked on 29 April after touching the price point of $0.23. Since then, however, it has been all downhill forRead More →
A digital Canadian dollar should imitate traditional banknotes in terms of availability and accessibility, according to staff from the country’s central bank, the Bank of Canada. In an analytical note on June 30, experts from the Bank of Canada revealed some of the goals for its central bank digital currencyRead More →
Bitcoin (BTC) price showed a bit of strength by briefly pushing to $9,235 as the daily close occurred, but at the time of writing, the top-ranked digital asset on CoinMarketCap is trading below the $9,200 resistance. Crypto market weekly price chart. Source: Coin360 As discussed in the previous analysis by CointelegraphRead More →
Ether (ETH) options implied volatility, a measure of the expected price swings as per the options markets premium, has dropped below Bitcoin’s (BTC) for the first time ever. This could signal that investors have given up expectations of a price decoupling, or they simply expect ETH price moves to mirrorRead More →
When Compound launched its governance token, COMP, on June 16, few in the crypto space could have predicted how rapidly it would rise to the top. As Cointelegraph reported at the time, it only took a single day of trading for COMP to become the leader of the decentralized financeRead More →
Bitcoin (BTC) hodlers are preparing for a bull run just like the one that led to $20,000 all-time highs in 2017, one metric suggests. According to on-chain monitoring resource Glassnode on June 28, the proportion of the Bitcoin supply that has not left its wallet in a year or longerRead More →
Russia’s blockchain-based voting system for the constitutional amendments has reportedly been attacked via an election observer’s node. As reported by state-owned news agency TASS, the attack occurred on June 27 around 8 PM CET. A government of Moscow representative told TASS that the attack did not cause a system malfunction,Read More →
Bitcoin (BTC) begins a new week in uncertain times after regaining $9,000, but where is BTC/USD headed in the coming days? Cointelegraph Markets highlights five factors driving Bitcoin price action for the week ahead. Stocks optimism returns with $9K Following a major slide on Friday, stocks futures were gaining earlyRead More →
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week PayPal is hiring crypto engineersRead More →
Earlier this week on-chain analyst Willy Woo released a new price model for Bitcoin (BTC). The model identifies the start of exponential Bitcoin bull runs based on historical data. According to the model, Bitcoin may be just one month away from an official bull market. Will a BTC bull marketRead More →
Coronavirus cases across the globe topped 10 million today and the number of new cases in the U.S. has risen to new records in the past few days. This has put the economic revival in jeopardy as equities markets could face selling pressure. Meanwhile, safe haven assets like gold continueRead More →
Cybersecurity firm Symantec blocked a ransomware attack by a group known for demanding payment in Bitcoin (BTC) directed at 30 U.S.-based firms and Fortune 500 companies. The announcement published by the cybersecurity firm claims that the Evil Group, the malware gang behind the attacks, targeted the IT infrastructures of theRead More →
Despite seeing substantial growth in popularity, topping Google search trends amid the recent halving, the coronavirus pandemic and mainstream coverage, the cryptocurrency industry has somewhat been left out of the advertising world by online ad networks, social media platforms and even national governments. In 2018, Facebook banned cryptocurrency advertising amidRead More →
Within the last hour Bitcoin (BTC) price dropped below $9,000 to a daily low at $8,813. Since June 24 Bitcoin price has been losing momentum while pinned below the 20-MA and today’s drop to $8,813 coincided with a surge in sell volume. Crypto market weekly price chart. Source: Coin360 AsRead More →
The Dow Jones plummeted by 2.84% on June 26, recording a 9.27% fall since the month’s peak. As risk-on assets face the fear of a correction, the vulnerability of a near-term Bitcoin (BTC) price pullback may increase. While many fundamental factors are causing a stock market downtrend, analysts are pointingRead More →
Earlier this week PlusToken, one of the largest scams in the cryptocurrency world, tried to move 789,500 Ether (ETH), but the movement of these stolen funds were temporarily held up by congestion issues within the Ethereum network. The $186 million transfer came from a known Ethereum address and was laterRead More →
The repeal of a blanket ban on cryptocurrencies in March by India’s central bank, the Reserve Bank of India, has been a boon to the thriving crypto industry in India — with the launch of new exchanges being a catalyst. This is despite the country being one of the mostRead More →
Recent events surrounding the launch of Compound’s token seem to have been noticed by many other projects in the decentralized finance, or DeFi, ecosystem. In an interview with Cointelegraph, Framework Ventures’s co-founder Michael Anderson said that the token’s success may provide an example to follow for other DeFi projects whoRead More →
A Russian hacker was sentenced to nine years in prison by a U.S. court on June 26. The hacker, Aleksei Burkov, was previously considered to be of personal interest by Russian President, Vladimir Putin. Exclusive cybercrime with premium $5k membership fee Burkov was accused of running a website called “Cardplanet”Read More →
Bitcoin (BTC) skeptics such as Peter Schiff and Mark Cuban will all buy “huge” amounts of the cryptocurrency, Max Keiser promises. In a tweet on June 26, the famously outspoken RT host said that he “100% guarantees” that some of Bitcoin’s biggest naysayers will ultimately flip bullish. “They’ll go all-inRead More →
