The past seven days saw the cryptocurrency market lose close to $100 billion off its total capitalization, which currently sits at $1.150B. It’s not been very fun for market participants as the majority of coins are trading well in the red. Once again, the hottest story of the week might as well be PEPE, but not for the same reasons as last week. Let’s dive in. First things first, Bitcoin’s price crashed by roughly 9% through the past week and is currently trading at around...
Read More »North Korea Is Again on a Mission to Attack Crypto Companies
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Hackers in North Korea have installed new code across a wide array of apps as a means of breaking into digital currency exchanges and related companies. North Korea Is Up to Its Same Old Tricks The nation has long played host to notorious hacking groups such as Lazarus, which are eagerly seeking new ways to...
Read More »CryptoQuant: Bitcoin 2023 Price Rally Is Proof Crypto Would Revisit All-Time High Early Next Year
CryptoQuant’s Business Development executive Benjamin Brannan exposited on the Bitcoin’s ‘favorable’ price optics in 2023. Crypto trading data analyzer CryptoQuant recently weighed in on Bitcoin’s (BTC) price potential and appeal in 2023. In a media session, representatives from the crypto trading analyzer opined that more institutions could shore up on BTC later this year. The decentralized data provider’s reps also forecasted the prominent token returning to its previous record high by...
Read More »Watchmakers Are Trying to Attract Millennials Through BTC
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up A new survey suggests that millennials and Gen Z are getting into luxury items. Luxury watchmakers are now taking advantage of this and looking to attract younger buyers using products like bitcoin and Snapchat. Millennials Don’t Usually Wear Watches The funny thing is that many millennials and younger...
Read More »Crypto Price Analysis May-12: ETH, XRP, ADA, PEPE, and DOGE
This week, we take a closer look at Ethereum, Ripple, Cardano, Pepe, and Dogecoin. Ethereum (ETH) With the market in the red, Ethereum has fallen by 7.4% this week. In the process, the key level at $1,800 has turned into a resistance. This highlights a major change in the structure and puts bears in control of the price action. The momentum has turned bearish, and a test of the key support at $1,660 appears likely in the coming week. This becomes increasingly so if Bitcoin...
Read More »Bitcoin Cash Analysis: Bears Aim Fresh Drop To $100
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash price started a fresh decline below the $120 zone against the US Dollar. The price is now trading below the $120 zone and the 55 simple moving average (4 hours). There is a short-term rising channel forming with support at $112.80 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase)....
Read More »Will The Lightning Network Save the Day for Bitcoin’s Mempool Pileup?
While Bitcoin had whittled down waitlisted transaction orders by Wednesday, network congestion remains high. Median confirmation time hovered markedly above ten minutes. The on-chain metric for Bitcoin network fulfillment sits at a high unseen since Feb 2023 and Dec 2022. Meanwhile, hundreds of thousands of transactions at a time sit waiting to be confirmed. That’s far above normal levels in the tens of thousands. The extent of network lag is so high that at least one...
Read More »Bulletin Hebdomadaire Bitcoin Optech #249
Bulletin d’information hebdomadaire Bitcoin Optech du 3 mai 2023 traduit par @copinmalin. Le bulletin de cette semaine résume une analyse de l’utilisation d’une conception de dépense flexible (covenant) pour réimplémenter la proposition OP_VAULT, résume un post sur la sécurité des adaptateurs de signature, et relaie une annonce d’emploi qui pourrait être particulièrement intéressante pour certains...
Read More »FUNToken listed on a top tier exchange, MEXC
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up FUNToken is excited to announce that it has been listed on MEXC, a top-tier cryptocurrency exchange. This is a significant milestone for FUNToken, giving users more options to trade and buy FUN on different exchanges. The FUN/USDT trading pair is available on MEXC as of May 9th, providing users with a fast,...
Read More »Institutions Intend to Buy Bitcoin in Late 2023: Interview With CryptoQuant
Bitcoin is up (YTD), banks are collapsing, and the Federal Reserve seems to be approaching the end of its monetary tightening mission. Does that mean the bull market is back in action? CryptoPotato spoke with crypto market analytics firm CryptoQuant at Consensus 2023 to discuss all things related to Bitcoin’s price – including its place in the market cycle, its correlation to gold, and its role during the ongoing US banking crisis. Bullish Times Ahead for Bitcoin When asked...
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