In the past month, Blockstack (STX) token quietly rallied 85% as network fundamentals improved and a key mainnet launch approaches. Blockstack (STX) might not be on every investor’s radar, but the 72nd-ranked cryptocurrency by market capitalization has been doing some serious work behind the scenes. Blockstack (STX) 1-month chart. Source: Coin360.com The company behind the […]
Continue Reading
Airbnb pre-IPO contracts are now available on FTX. FTX, a crypto derivatives exchange, has added Airbnb to its list of stock offerings on the eve of the online rental marketplace’s highly-anticipated IPO. As of late Tuesday, cryptocurrency traders can gain exposure to Airbnb through a pre-IPO derivatives contract directly on FTX. As a pre-IPO product, the […]
Continue Reading
Learn more about a blockchain’s transparency with a block explorer. A blockchain, in its essence, provides a digital record of transactions. At present, this most often pertains to transaction records for cryptocurrencies like Bitcoin (BTC). The database of records, called blocks, is often touted for its transparency and immutability. But what do these features really […]
Continue Reading
Downward pressure sees Bitcoin stop trading sideways to fill more of the giant $1,300 CME futures gap on Wednesday. Bitcoin (BTC) fell below $18,000 on Dec. 9 in the latest continuation of its bearish comedown from all-time highs. Cryptocurrency market overview from Coin360 Analyst: BTC price should “keep correcting” Data from Cointelegraph Markets, Coin360 and […]
Continue Reading
Bitcoin price is correcting, and most of the crypto market is red, but strong fundamental factors are pushing select DeFi tokens and NFTs higher. Bitcoin (BTC) and other major altcoins are either stuck in a range or are witnessing a correction. However, that is not the case with the entire crypto space because a few […]
Continue Reading
The price of Bitcoin is at a crossroads with diminishing trading volume hinting at more downside in the short term. While Bitcoin (BTC) has seen a parabolic rally since September, the momentum has stagnated as with BTC/USD unable to break through the all-time high region. This BTC price level below $20,000 has been accompanied by […]
Continue Reading
The latest deadline in the Mt. Gox rehabilitation process may pave the way to unleash $2.6 billion in Bitcoin for sale. Bitcoin (BTC) may see a fresh “bearish signal” in the coming days as the Mt. Gox saga enters its final and possibly expensive phase. As noted by on-chain analytics resource CryptoQuant on Dec. 8, […]
Continue Reading
Declining volume and resistance at $19,500 are pinning Bitcoin price into a tightening range. As mentioned by Cointelegraph contributor Rakesh Upadhyay, Bitcoin price spent the weekend consolidating within a bull pennant and the breakout to $19,418 was quickly stamped out by overhead resistance. After retouching the pennant trendline, the price gave way, falling below the […]
Continue Reading
Multiple indicators show pro and retail traders remain strongly bullish even as Bitcoin price failed to break $20,000. Apart from a brief $18,100 test on Dec. 1, Bitcoin (BTC) markets remained relatively calm over the week. This suggests that investors are beginning to realize that a more extended period of consolidation could be possible after […]
Continue Reading
Bitcoin price continues to meet resistance at $19,500, a signal that further sideways action in BTC and altcoins is on the cards. Recent news reports suggest that U.S. lawmakers may announce a new round of economic stimulus worth about $908 billion before the end of today. This second package, if announced, will add to the existing […]
Continue Reading