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Bitcoin (BTC)

Since January 2017, Whales Bought BTC at an Average Price of $15,800 (Analysis)

Bitcoin’s price appears to be stuck in a relatively wide range between $18,000 and $24,000 for the past couple of months, and it’s unable to escape. Meanwhile, data from the popular cryptocurrency analytics resource, Glassnode, revealed the average price that whales have been accumulating since January 2017. According to Glassnode, Bitcoin whales bought Bitcoin at an average price of about $15,800 for the period between now and January 2017. To be precise, these are wallets...

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Will Ethereum Outdo Bitcoin? Analysts Weigh In

Now that The Merge is in full swing, is it possible Ethereum could potentially flip bitcoin and become the largest and most powerful digital currency in the crypto space? Will Ethereum Overtake BTC? Many analysts have been talking about what they refer to as the “flippening” for some time. The idea is that Ethereum will eventually become so strong it could ultimately outdo bitcoin, and what was once the world’s second largest digital currency by market cap will become...

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Schweizer McDonald’s akzeptiert Bitcoin

In der Schweizer Stadt Lugana kann nun mit Bitcoin und Tether bezahlt werden. Die Stadt ist mit seinen 63.000 Einwohnern eine größere Kleinstadt, doch ein Erfolg des Projekts könnte den Fast Food Riesen durchaus zu einer flächendeckenden Einführung bewegen. Bitcoin News: Schweizer McDonald’s akzeptiert BitcoinDie Stadt Lugana kann als Vorreiter im Bereich digitaler Ökosysteme betrachtet werden, da viele Tech-Projekte hier mit offenen Armen empfangen und umgesetzt werden. Die Adoption des...

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Bitcoin Facing Major Resistance, Will $20K Hold or is Another Drop Coming? (BTC Price Analysis)

The market is currently attempting a recovery that might take the price up to $22K after being supported by the critical $18K level. However, there is significant resistance at around $20K. The bearish phase appears far from over as the substantial lack of demand in the market continues. Technical Analysis By Shayan The Daily Chart The descending multi-week trendline (currently at $20.5K) has been acting as significant resistance to the price for the past five months....

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Prosecutors Hunt for Terra Luna Crypto Exec Do Kwon

A court in South Korea has issued an arrest warrant for crypto executive Do Kwon, the head and founder of blockchain platform Terraform Labs. Kwon is facing charges of fraud following the collapse of the algorithmic stable coin Terra Luna, which fell apart over the summer and is alleged by many to be the responsible party for the bearish conditions bitcoin and the crypto space are now contending with. Terra Luna Was a Disaster Terra Luna is widely considered to be one of...

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Find the Key to Victory in a New Dota 2 Tournament from 1xBit

Press Release: Players can win super BTC prizes with the new Battle for the Aegis Dota 2 Tournament on 1xbit. 6th October 2022, Limassol, Cyprus — Now is the perfect time for you to let your fears go and embrace the winner in you. The new eSports tournament from 1xBit, Battle for the Aegis, has been primed to let you and other potential winners show their sportsmanship and earn in the process. The Battle for the Aegis tournament will see players bet on Dota 2 events and...

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Le bitcoin est-il corrélé au marché actions ?

« En 2021, on a vu apparaître un nouvel argument contre Bitcoin, qui est que, maintenant :1) le prix de Bitcoin est corrélé au marché actions,2) que ça voudrait dire que le prix du Bitcoin est contrôlé par wall street, et indirectement par les banques centrales3) et donc que ça voudrait dire que Bitcoin a échoué en tant que système monétaire indépendant. Dans cette vidéo, on va voir d’abord pourquoi cette corrélation existe, mais pourquoi il ne faut pas tomber dans le piège de...

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EOS Price Analysis: Bulls Aim Push To $1.30 or Higher

EOS price started a fresh decline from the $1.25 resistance against the US Dollar. The price is now trading just above $1.18 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $1.200 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $1.20 and $1.22 resistance levels. EOS price is struggling below $1.25 against the US Dollar, similar to...

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Litecoin (LTC) Price Analysis: Indicators Signal Key Upside Break

Litecoin is facing a major resistance near the $55.80 zone against the US Dollar. LTC price is now trading above $54 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $54.05 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a steady upward move if it clears the $55.20 and $55.75 levels. Litecoin price is rising above $54 against the US Dollar, similar to bitcoin. LTC...

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Bitcoin Defi Protocol Sovryn Gets Hacked for Over $1 Million

Sovryn – a Bitcoin-based decentralized finance protocol – was drained of over $1 million in funds on Tuesday using a price manipulation exploit.  The attack allowed the culprit to drain over $1 million worth of crypto from the protocol, including 44.93 RBTC and 211,045 USDT. Sovryn’s First Hack According to Sovryn’s blog post on the topic, the attacks specifically targeted the legacy Sovryn Borrow/Lend protocol. It impacted the RBTC and USDT lending pools.  RBTC and USDT are...

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