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Bitcoin surge triggers $100 million shockwave in crypto market
Quick Take The recent surge of Bitcoin, pushing its price above the $26,000 mark, has triggered notable ramifications in the crypto ecosystem. In a span of 24 hours, Bitcoin-associated liquidations have soared over $100 million, an event reflecting the intense volatility and high-stakes trading environment inherent to the cryptocurrency market. дальше »
2023-9-12 14:35 | |
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Long-term Bitcoin holders continue to eclipse exchange supply
Quick Take An intriguing shift in the Bitcoin market since October last year. The current data reveals that the cohort of Bitcoin on exchanges, standing at 2. 3 million, is being outweighed by long-term holders, who collectively account for around 2. дальше »
2023-9-12 14:00 | |
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Arbitrum downside continues, sending nearly all ARB investors underwater
Invezz. com reported how Arbitrum price exhibits a downside trend amid weakened futures market. The continued price dip has left 99% of ARB investors with massive losses, and it may take time to witness recoveries. дальше »
2023-9-12 06:41 | |
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Bitcoin Will Lead The World Out Of The “Fax Era Of Payments,” Ex-Facebook Executive Says
Former Head of Payments David Marcus stated that Bitcoin is set to become the most critical network to take payments to a new era. Marcus believes the global payment infrastructure is absolute and will benefit from integrating with the cryptocurrency. дальше »
2023-9-12 23:00 | |
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Former Algorand CEO to Take Charge of Celsius 2.0
Crypto consortium Fahrenheit, which acquired Celsius, plans to appoint Steve Kokinos, former Algorand CEO, to lead Celsius 2.0, rebranded as NewCo, following Celsius's bankruptcy proceedings. The post Former Algorand CEO to Take Charge of Celsius 2.0 appeared first on BeInCrypto. дальше »
2023-9-12 19:32 | |
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New Celsius 2.0 company board proposal released, led by former Algorand CEO
Bankrupt crypto lender Celsius has proposed the appointment of Algorand’s blockchain former chief executive officer Steven Kokinos as the CEO of the new company that will take over its operations, according to court filings. дальше »
2023-9-11 16:52 | |
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Degen Checkpoint from CoinStats at TOKEN2049 Singapore
CoinStats offers exclusive rewards at the TOKEN2049 premier crypto event in Singapore this September. You can visit the CoinStats booth to test your “degenhood” at its unique “Degen Checkpoint” and take home an exclusive cap with its NFT version. дальше »
2023-9-11 10:40 | |
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Texas Bitcoin Miners Forced To Stop Operations Due To Energy Crunch
Bitcoin miners in Texas are facing a temporary setback as they power down their operations in response to the state’s ongoing energy crisis. The scorching heatwave that gripped the Lone Star State forced the Electric Reliability Council of Texas (ERCOT) to take drastic measures to ensure uninterrupted power supply to its 25 million customers, accounting […] дальше »
2023-9-9 15:30 | |
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Miners are selling more than 100% of the mined supply
Quick Take The Miner Supply Spent metric measures the percentage of the total mined supply that miners spend over a 30-day window. This provides insight into the financial behavior of miners, which are some of the most important entities in the Bitcoin ecosystem. дальше »
2023-9-8 14:00 | |
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House Financial Services Committee announces ‘Digital Dollar’ hearing as pressure to pass crypto legislation intensifies
The House Finance Committee has announced another hearing on cryptocurrency regulation as demand for congressional action on the virulent industry intensifies. Held by the Digital Assets, Financial Technology and Inclusion Subcommittee and Entitled “Digital Dollar Dilemma: The Implications of a Central Bank Digital Currency and Private Sector Alternatives,” the hearing will take place at 2:00 […] The post House Financial Services Committee announces ‘Digital Dollar’ hearing as pressure to pass crypto legislation intensifies appeared first on CryptoSlate. дальше »
2023-9-8 03:00 | |
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TOKEN2049 Singapore Set to Be World’s Largest Web3 Event
TOKEN2049, Asia’s premier Web3 and crypto conference, has announced its first batch of high-profile title sponsors and headline speakers for its much-anticipated Singapore return. TOKEN2049 will take place from 13-14 September 2023 at Marina Bay Sands, ahead of the Formula 1 Singapore Grand Prix 2023 race weekend. дальше »
2023-9-8 23:00 | |
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Changes in old supply shows selling pressure came from short-term holders
Quick Take A sell-off from short-term holders appears to have mostly fueled Bitcoin’s drop to $25,000. While there are many on-chain metrics pointing to this fact, it becomes clear when analyzing the changes in Bitcoin’s old coin supply — i. дальше »
2023-9-7 19:00 | |
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Real-world assets take blockchain world by storm - The next big thing?
From a TVL of just $316 million at the end of Q2, the sector has more than quadrupled. The total value of all tokenized treasury product tokens was $632 million at the time of writing. Real-The post Real-world assets take blockchain world by storm - The next big thing? appeared first on AMBCrypto. дальше »
2023-9-7 14:30 | |
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Miner capitulation risk still not elevated despite Bitcoin’s price drop
Quick Take Miner capitulation risk represents the potential for miners to cease operations due to unprofitability, leading to a significant reduction in hash rate. A drop in hash rate can further exacerbate selling pressure as miners liquidate their holdings to cover operational costs. дальше »
2023-9-7 14:00 | |
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Fading Bitcoin open interest might hint at imminent market stability
Quick Take The current Bitcoin open interest is on an unprecedented low trajectory, nearing year-to-date (YTD) lows with approximately 400,000 Bitcoin in open interest contracts. Concurrently, the ratio of open interest to market cap has descended to the lower limit of its channel at 1. дальше »
2023-9-7 01:00 | |
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Hash rate decline corresponds to decrease in Bitcoin’s difficulty adjustment
Quick Take 2023 marks a noticeable development in Bitcoin’s operational dynamics through a shift in difficulty adjustment—a mechanism that ensures consistent block discovery times despite varying hash power. дальше »
2023-9-6 20:00 | |
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Bitcoin network adapts as mining rewards decrease, showcasing market resilience and sustainability
Quick Take As diminishing mining rewards in the Bitcoin network cause anxieties over the security budget, analyzing the market’s behavior provides a different perspective. A year ago, Poolin, a significant player with 20% of the hash rate in 2020, saw its share reduce to zero, raising concerns over Bitcoin’s security. дальше »
2023-9-6 14:00 | |
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Grappling with new normal as debt levels skyrocket, stalling return to average interest rates
Quick Take A closer look at the question, “When are interest rates returning to normal?” reveals an intriguing aspect of economic dynamics. The Bank of England (BOE) still hovers approximately 50 basis points (bps) from the average interest rate levels since 1970. дальше »
2023-9-6 12:00 | |
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Bitcoin’s drop to $25k coincides with peak in long-term holding
Quick Take The Spent Output Profit Ratio (SLRV) inversion occurred on August 13, preceding a notable drop in Bitcoin’s value to $25,000 just three days later. The SLRV Ratio, a pivotal measure in the crypto market, measures the percentage of Bitcoins that were last moved within 24 hours against those moved between 6-12 months prior. дальше »
2023-9-6 01:00 | |
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Fixing Ethereum node centralization may take two decades: Vitalik Buterin
The project's founder explained how a reduction in node costs could help its goals. Developers' contributions decreased, and validator activity fell. Ethereum [ETH] co-founder Vitalik ButeriThe post Fixing Ethereum node centralization may take two decades: Vitalik Buterin appeared first on AMBCrypto. дальше »
2023-9-6 21:30 | |
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Bitcoin bull run traced to ‘smart money’ as 40% of total supply held for over three years
Quick Take The onset of the massive Bitcoin bull run can be traced back to September 2020, a period marked by significant price accumulation followed by a monumental ascent from $10k to $60k. The data uncovers notable trends within the Bitcoin supply dynamics. дальше »
2023-9-6 20:00 | |
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What is CryptoKitties? A Beginner’s Guide on the Blockchain Collectible Cats
CryptoKitties took the blockchain world by storm in 2017. We take a look back at the launch and the technology driving these digital collectibles. The post What is CryptoKitties? A Beginner’s Guide on the Blockchain Collectible Cats appeared first on CoinCentral. дальше »
2023-9-8 19:21 | |
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Aussie Crypto Exchange Goes Back to School to Take on Scammers
Swyftx's "Earn and Learn" aims to change the crypto landscape by educating investors and rewarding them for it. The initiative offers a frontline defense against scams, filling the gap before more formal regulations. дальше »
2023-9-5 17:30 | |
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Ripple CTO Breaks Silence On XRP Ledger Fork Xahau: His Take
In a recent Twitter exchange, David Schwartz, the Chief Technical Officer (CTO) of Ripple, weighed in on the ongoing discussions surrounding the XRP Ledger (XRPL) fork Xahau. The discourse was ignited by Saul, a prominent figure in the XRP community, who drew an analogy between XRPL and Nokia, suggesting that Xahau might play the role […] дальше »
2023-9-5 16:05 | |
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Dollar ascends to year high with crypto value test just around the corner
Quick Take The DXY Index, a measure of the value of the U.S. dollar relative to a basket of foreign currencies, has surged to an apex of 104.6, its loftiest level since March. This ascendancy exerts significant pressure on global currencies such as the Chinese Yuan (CNY), Japanese Yen (JPY), Euro (EUR), and British Pound […] The post Dollar ascends to year high with crypto value test just around the corner appeared first on CryptoSlate. дальше »
2023-9-5 16:00 | |
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Short-term bitcoin holders retreat, reshaping market balance towards long-term investors
Quick Take Bitcoin’s landscape has recently seen a significant shift. Short-term holders, defined as entities holding Bitcoin for less than 155 days, have once again succumbed to selling pressure, with approximately 20,000 BTC being sent to exchanges at a loss. дальше »
2023-9-5 14:00 | |
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Bitcoin miner balance decline mirrors drop in hash rate, triggering market caution
Quick Take The recent downturn in Bitcoin can be seen in the fluctuations witnessed in the miner balance. Last week, the Bitcoin hash rate saw a 5% drop from its peak value of 400 eh/s. This was concurrent with an anticipated decline of around 3. дальше »
2023-9-5 10:27 | |
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Bitcoin Price Could See Downside Thrust Before The Bulls Take A Stand
Bitcoin price is struggling to recover above $26,200. BTC is again moving lower and there could be a sharp decline below $25,500 in the near term. Bitcoin failed to recover above the $26,200 and $26,500 levels. дальше »
2023-9-5 06:37 | |
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UK Government publishes objectives for upcoming AI Safety Summit
On Sept. 4, the government of the United Kingdom published a series of objectives for its AI Safety Summit, which will take place Nov. 1-2 at Bletchley Park. Published by the Department for Science, Innovation & Technology, the statement outlines five “ambitions” for safe artificial development (AI) development that will serve as guidelines for discussion […] The post UK Government publishes objectives for upcoming AI Safety Summit appeared first on CryptoSlate. дальше »
2023-9-5 00:00 | |
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Polygon short sellers should take note of this price level
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Polygon was in a higher timeframe downtrenThe post Polygon short sellers should take note of this price level appeared first on AMBCrypto. дальше »
2023-9-4 18:30 | |
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As Gala Games co-founders take each other to court, here's what followed
GALA's value has dropped by almost 10% in the past 24 hours. The price decline was due to the lawsuits filed by the project's co-founders against one another. GALA has fallen 8% in price, leThe post As Gala Games co-founders take each other to court, here's what followed appeared first on AMBCrypto. дальше »
2023-9-4 11:30 | |
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ADA traders should take note of recent whale activity for this reason
ADA reverts to its latest support level after the recent sell pressure. ADA risks more downside as whales continue dumping despite the support retest. Cardano’s ADA reverted to a bearish pThe post ADA traders should take note of recent whale activity for this reason appeared first on AMBCrypto. дальше »
2023-9-1 23:30 | |
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Crypto hacks and frauds take their toll in August 2023: Report
Immunefi's report unveiled a total loss of $1.2 billion across 211 specific incidents in 2023. Interestingly, DeFi projects bore the entire brunt of the losses in August, while CeFi remained unThe post Crypto hacks and frauds take their toll in August 2023: Report appeared first on AMBCrypto. дальше »
2023-9-1 18:00 | |
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Bitcoin’s bearish stance underlines market disquiet as it trails key averages
Quick Take The current trading position of Bitcoin paints a rather bearish picture as it lingers below multiple moving averages and cost basis. Hovering around the $26,000 mark, Bitcoin is trading below the short-term holder cost basis of $28,247. дальше »
2023-9-1 16:00 | |
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