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2022-01-08 02:00:00 ​​Bitcoin leverage ratio reaches new highs, & Other News

The best of crypto news, prepared fresh and hot every day:

Bitcoin and Ether heading $100K and $5K in 2022: Bloomberg Intelligence
Bitcoin will be likely gaining “upper hand” versus stocks this year, according to Bloomberg Intelligence analyst Mike McGlone.

Bitcoin leverage ratio reaches new highs
In a dramatic week for Bitcoin price action, traders are keen to capitalize, hitting a new all-time high for the leverage ratio.

Bitcoin clings to $42K as key moving average break from July reappears
There are some strong similarities to summer 2021 for Bitcoin currently, while the outlook for Ethereum is bleak, one trader suggests.

SPONSORED. ‘There are over $100 billion lost in crypto,’ says KeychainX CEO
With the increasing number of crypto wallets being hacked and assets being stolen, the question of how to recover them becomes more important than ever.

SPONSORED. How to store crypto in 2022, explained
In 2022, cryptocurrency storage will become more crucial as the industry grows, forcing holders to weigh usability, functionality and security when making their choice. Open / Comment

2022-01-07 02:00:00 ​​Ethereum plunges 13%, down more than Bitcoin after Fed spooks crypto markets, & Other News

The best of crypto news, prepared fresh and hot every day:

Bitcoin price bounces off $42K as order book imbalance turns 'crazy'
No challenge of $40,000 yet as analysis reveals that active bears are selling into a black hole.

Ethereum plunges 13%, down more than Bitcoin after Fed spooks crypto markets
Ether lost roughly 13.50% versus Bitcoin’s 9% decline in the past 24 hours.

Binance buys the dip adding over 43K Bitcoin to wallet
A Binance whale wallet added 43,000 Bitcoin to its reserves while Bitcoin’s third-largest wallet continues to buy the dip.

SPONSORED. NFTs take to the stars in a play-to-earn metaverse game based on Binance Smart Chain
While NFTs are known as digital collectibles, a play-to-earn metaverse game based in space strives to prove the utility of digital assets can also be seen in creating immersive experiences.

SPONSORED. NFT-based play-to-earn game with a nostalgic 8-bit design set for launch
Huge gaps still exist within the thriving blockchain gaming market. The earning mechanisms in blockchain games have been limiting users on collectible models. Open / Comment

2022-01-06 02:00:05 ​​Bitcoin monthly RSI lowest since September 2020 in fresh ‘oversold’ signal, & Other News

The best of crypto news, prepared fresh and hot every day:

Top Bitcoin mining country Kazakhstan turns off internet amid protests
The government of Kazakhstan shut down the internet after the cabinet resigned amid major anti-government protests.

Bitcoin monthly RSI lowest since September 2020 in fresh ‘oversold’ signal
As a “hidden bullish divergence” begins to play out, anticipation combines with calls to plan a Q1 market exit.

Internet Computer: Correction risk rises after ICP price gains nearly 60% in 5 days
The token now grapples with a notorious multi-month resistance trendline.

SPONSORED. Top crypto trading platform in Singapore celebrates two-year anniversary
The potential of the metaverse for crypto trading and investment.

SPONSORED. Decentralized firm collaborates with NFT designer to provide events ticketing solution
The current events ticketing system is antiquated, exposing artists and organizers to immense losses. Open / Comment

2022-01-05 02:00:05 ​​3 reasons why Ethereum can reach $5,000 in Q1, & Other News

The best of crypto news, prepared fresh and hot every day:

Altcoins turn bullish even as Bitcoin price slips below $46K again
ID, PAC and RVN lead the altcoin breakout, while Bitcoin price targets new lows below $46,000.

3 reasons why Ethereum can reach $5,000 in Q1
A mix of technical, macroeconomic and on-chain indicators point toward a price rally in the Ethereum market this quarter.

Bitcoin open interest matches record high amid predictions of BTC price 'fireworks' this month
Open interest combined with flat funding rates suggests that an "explosive" volatility period is inbound, analysts say.

SPONSORED. Team releases launchpad and first decentralized exchange on the Shiden Network
Uniswap-like platform provides cross-chain trading and IDO participation as a step towards becoming an all-in-one DeFi platform. Open / Comment

2022-01-04 02:00:05 ​​Bitcoin dips below $47K as US dollar surge dampens BTC price performance, & Other News

The best of crypto news, prepared fresh and hot every day:

Square Enix CEO reveals plans for blockchain, metaverse, NFTs
Yosuke Matsuda draws a line between old-school gaming, which he terms “play-for-fun,” and next-generation, blockchain-based, play-to-earn gaming.

Bitcoin dips below $47K as US dollar surge dampens BTC price performance
It's not looking great for Bitcoin on short timeframes, and Ethereum is becoming an increasingly popular bet instead.

Bitcoin is new gold for millennials, Wharton finance professor says
Gold disappointed investors in 2021 as a traditional hedge against inflation, seeing its worst year since 2015.

SPONSORED. DAO adopts Web 3.0 technology to democratize climate change mitigation initiatives
Too much rhetoric dominates climate conservations; one organization is changing the narrative.

SPONSORED. Quantum-resistant platform solves scalability and bandwidth bottlenecks present on the blockchain
Blockchain solutions are encouraged to fight quantum with quantum as a real threat arises. Open / Comment

2021-12-31 02:00:05 ​​Bitcoin gains after $46K drop as 'bottoming out' continues into 2022, & Other News

The best of crypto news, prepared fresh and hot every day:

Binance to finalize acquisition of Swipe, paving for CEO exit
The exchange acquired a majority stake in Swipe in July 2020 as part of a broader effort to advance mainstream adoption of crypto payments.

Bitcoin gains after $46K drop as 'bottoming out' continues into 2022
With the odds of a squeeze still high and ample liquidity below recent lows, traders are betting on volatility as 2021 ends.

MicroStrategy purchases 1,914 Bitcoin, now holds almost $6B in crypto
The company's holdings are valued at roughly $5.9 billion, representing more than $2.1 billion in gains since its initial purchase in August 2020.

SPONSORED. Hardware wallet and live app pairing provide all-in-one functionality for new cryptocurrency users
Mass adoption of cryptocurrency is prevented by the sheer number of platforms needed to manage and grow digital assets.

SPONSORED. Taking the customizable NFT toward P2E game in development for users ‘to explore more fun’
There is a way to create a metaverse playground where community members enjoy the pleasure of owning its NFT. Open / Comment

2021-12-30 02:00:05 ​​Robinhood plans to launch beta crypto wallets in January as HOOD drops to $17, & Other News

The best of crypto news, prepared fresh and hot every day:

Price analysis 12/29: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE
Bitcoin and most major altcoins are facing selling at higher levels and buying on dips, signaling a consolidation in the short term.

Robinhood plans to launch beta crypto wallets in January as HOOD drops to $17
The forthcoming crypto wallet will allow users to deposit and withdraw Bitcoin, Ether, Dogecoin and other tokens, the company said.

Bitcoin dips below $47K but one trader is eyeing 'solid risk/reward' for longing BTC now
Short-term profit opportunities are there, but so are concerns over a "panic" sell-off still absent from BTC price charts.

SPONSORED. DAO provides a portal gateway into the metaverse
The metaverse is taking the world by storm, but how do you join it?

SPONSORED. Decentralized play-to-earn platform creates metaverse of fun and innovative games
Many projects in the metaverse space have mostly concentrated on the gaming aspect. That shouldn’t be the case. Open / Comment

2021-12-29 02:00:05 ​​Bitcoin daily losses near $4K as S&P 500 hits 69th all-time high of 2021, & Other News

The best of crypto news, prepared fresh and hot every day:

DeFi sector tokens offer shelter as Bitcoin falls below $48.5K
FARM, QUICK and ANT offer crypto traders shelter from the storm as the wider market takes a hit with Bitcoin struggling below $48,500.

Bitcoin daily losses near $4K as S&P 500 hits 69th all-time high of 2021
A Christmas party for stocks masks "a massive amount of weakness," one commentator warns, as Bitcoin sentiment votes with its feet.

Ethereum whales dumping ETH as price slides below $4K, data shows
The number of Ethereum addresses holding at least 1,000 ETH dropped to a four-year low this week.

SPONSORED. Platform allows content creators to farm their social networks for increased earnings
The blockchain makes social media account monetization more fair and secure with the concept of post farming.

SPONSORED. How to invest in cryptocurrency when the market is uncertain, explained
Cryptocurrency investors can still be profitable in an uncertain market with the right strategy and tools. Open / Comment

2021-12-25 02:00:00 ​​Just 1.3 million Bitcoin left circulating on crypto exchanges, & Other News

The best of crypto news, prepared fresh and hot every day:

Dogecoin Foundation works with Ethereum co-founder on DOGE staking
The new DOGE PoS version aims to allow anyone to get rewards for their contribution to running the network.

Just 1.3 million Bitcoin left circulating on crypto exchanges
6.3% of total Bitcoin supply is left on exchange wallets, according to a new analysis by Cryptorank.

Bitcoin needs to clear $51K to reduce the chance of new sell-off from BTC whales
Analysis warns that large-volume transactions are hitting exchanges as BTC price action improves.

SPONSORED. This open-source wallet is Stellar's answer to MetaMask
An open-source wallet offers a precious passport into the world of Stellar, making it easy for everyday users to embrace this open network for money.

SPONSORED. New platform aims to disrupt media production funding
Changing media production with community-led funding helps creators take control and see more benefits. Open / Comment

2021-12-24 02:00:05 ​​Bitcoin hash rate nears record 200EH/s as 100K BTC turns 'illiquid' every month, & Other News

The best of crypto news, prepared fresh and hot every day:

The biggest letdowns in crypto and blockchain in 2021
Even in a year when cryptocurrencies have seen their best-ever performance, there are a few things that have disappointed the community.

Bitcoin hash rate nears record 200EH/s as 100K BTC turns 'illiquid' every month
Hash rate has never looked better, and appetite for accumulating has only grown since China's May mining crackdown.

Binance introduces BNB Auto-Burn to replace quarterly burn protocol
BNB tokens will now be burned automatically based on a formula that includes blocks generated and BNB’s price.

SPONSORED. YouTube series changes the way crypto is presented with an alternative to the mainstream media
Mainstream media only portrays a subset of the real opportunity blockchain provides, that is, until a show began unveiling the world of crypto one episode at a time.

SPONSORED. GameFi hackathon set to reward the brightest gaming developers in blockchain
GameFi is DeFi’s vital next step. One project understands this and is funding a hackathon to prove it. Open / Comment