Bitcoin whale clusters show that $14,914 is critical for the ongoing rally to see continuation. New data from Whalemap suggests that in order to maintain bullish momentum Bitcoin price needs to hold above the $14,914 level. Whale clusters, like the bubbles shown on the chart below, form when high-net-worth investors purchase Bitcoin and do not […]
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Bitcoin’s experimental launch contributed to its dispersion among the masses. Thousands of different cryptocurrencies have arisen in the since Bitcoin’s (BTC) 2009 genesis block. Even though newer assets come with different technology and new bells and whistles, Bitcoin still has an upper hand in a key category, according to a November report from crypto data firm […]
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The Acting Comptroller of the Currency presented the growing role of crypto in general and stablecoins in particular to the Senate today. As part of his statement to the U.S. Senate Committee on Banking, Housing and Urban Affairs, acting Comptroller of the Currency, Brian Brooks, prepared a whole section on crypto assets, including specific mention of […]
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A blockchain-based project aims to collect weather data generated in West Africa. Will the region be open to data sharing? West Africa is home to an estimated 381 million people and counting. Unfortunately, the region was also found to be a hotspot for climate change, which will likely impact crop yields and food production while causing […]
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Following highly volatile Bitcoin price action in the aftermath of its vaccine-induced drop, crypto traders explain where BTC is headed next. The price of Bitcoin (BTC) has seen extreme volatility in the past 24 hours. After the Dow Jones Industrial Average abruptly rose by more than 800 points, BTC plunged in tandem with gold. Within […]
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Crypto exchange Zebpay aims to create an ecosystem for digital collectible fans in India. Cryptocurrency exchange Zebpay, which claims to have a user base of over 3 million users in India, is now exploring broader crypto market opportunities, such as digital collectibles. With its launch of a new marketplace called Dazzle, Zebpay has chosen to […]
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The recent surge in DeFi makes the industry is an attractive target for hackers. Cryptocurrency-related crimes have slowed down in 2020, but some sectors within the crypto industry have become a new hotbed for criminal activity, a new report says. Citing major crypto analytics firm CipherTrace, Reuters reported on Nov. 10 that total losses from crypto […]
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Billionaires have been increasingly accumulating Bitcoin in recent months as four main factors are making BTC increasingly attractive to money managers. Billionaires have been increasingly accumulating Bitcoin (BTC) in recent months. Following Paul Tudor Jones’ lead, hedge fund manager Stanley Druckenmiller became the latest billionaire to publicly disclose his Bitcoin investment. The performance of Bitcoin […]
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It appears many Chinese miners have completed their annual migration from Sichuan, with Bitcoin’s hash rate spiking more than 40% in two days. The hash power of the Bitcoin (BTC) network has jumped by roughly 30% over the past 24 hours, which if sustained, suggestsg a major difficulty adjustment may soon be incoming. According to […]
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Bitcoin’s market cap is rapidly surpassing the monetary base of multiple national currencies and it looks like the Canadian dollar is next. As Bitcoin (BTC) blasted through the $14,000 level its market capitalization surpassed the monetary base of the Russian ruble. This measure includes both physical currency and bank reserves, both of which are usually […]
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