Most major cryptocurrencies are facing resistance at higher levels, meaning a few days of consolidation could be needed before the rally can resume. The total crypto market capitalization has jumped from about $198 billion on April 22 to over $263 billion on April 30. This 32% rally in roughly eight days shows that investor sentiment […]
Continue ReadingBloomberg analyst concurs optimistic on-chain indicators. Data from the blockchain intelligence company, Glassnode, suggests that Bitcoin (BTC) has entered the “Optimism” phase amongst traders. The metric subtracts the net unrealized loss from the net unrealized profit of all circulating Bitcoin supply to gauge market sentiment. This indicator tends to increase during bull markets and the […]
Continue ReadingThe creator of first PoW-based crypto says the vast majority of projects are just “recycling something that belongs to someone else.” There are more than 5,000 diverse cryptocurrencies being traded with a total market cap of nearly $250 billion. As much as 95% of those cryptos are nothing but scams, according to the creator of […]
Continue ReadingCoinMarketCap invited us to “roast them” for their seventh birthday celebration… so we found a few numbers that might make new owner CZ feel the burn. Following Binance’s acquisition of CoinMarketCap, we have some great news for Changpeng Zhao: the silver medal is still worth winning. To celebrate the seventh anniversary of the platform’s launch, […]
Continue ReadingA recent tweet storm from Elon Musk begs the question — is Tesla’s founder selling his reportedly small Bitcoin holdings? As part of a recent series of nonsensical tweets, Tesla’s eccentric founder, Elon Musk, expressed plans to sell all his physical possessions. Are his Bitcoin (BTC) holdings included in the fire sale? “I am selling almost […]
Continue ReadingCharlie Shrem gave Cointelegraph an exclusive update to the mysterious story of a letter he received in 2014 from a ‘Marcel Mellish.’ In an exclusive interview with Cointelegraph during Virtual Blockchain Week, crypto pioneer and founding member of the Bitcoin Foundation, Charlie Shrem, revealed new information surrounding a mysterious letter he received in 2014. In […]
Continue ReadingNo central bank is currently working on a CBDC that can be used by consumers, according to blockchain firm R3. No central bank is currently working on a Central Bank Digital Currency, or CBDC, that can be used by consumers, according to enterprise blockchain firm, R3. A recent report by R3 claims that no central […]
Continue ReadingMulti-chain DeFi framework, Equilibrium, raised EOSDT circulation cap from $70 million up to $170 million with pBTC integration. As the decentralized finance, or DeFi, industry continues to grow, the need for liquidity in cryptocurrencies is steadily increasing. DeFi startup Equilibrium has today expanded the supply of its decentralized EOS stablecoin, EOSDT, as a result of […]
Continue ReadingLeading crypto traders lay out both bearish and bullish scenarios for Bitcoin as the halving approaches. The price of Bitcoin (BTC) increased from $7,700 to $9,500 in merely 48 hours from Wednesday to Thursday, rising by more than 22%. The market has cooled down since, with the dominant cryptocurrency dropping back below $9,000. All key […]
Continue ReadingDevelopers were challenged to create a Bitcoin sidechain with the privacy features of ZCash, using Drivechain technology. Developers are competing to bring ZCash privacy functionality to a Bitcoin sidechain. To do this, they’re using the Drivechain technology created by decentralized prediction market pioneer, Paul Sztorc. As an added incentive, Sztorc has announced a prize fund […]
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