There’s been plenty of comaparisons of Bitcoin’s price action now and in April when the cryptocurrency reached its previous all-time high. Research firm IntoTheBlock now points out a staggering difference in Bitcoin’s transactional volume between the two periods. $700 Billion Weekly Transactional Volume According to the research firm, Bitcoin’s on-chain volume reached over $700 billion transacted, which presents an increase upwards of 7x compared to April. In addition, the...
Read More »Solana Gaming Platform MonkeyBall raises $3m From Crypto’s Finest
[PRESS RELEASE – Tel Aviv, Israel, 21st October 2021] Play-to-earn gaming platform MonkeyBall has confirmed the conclusion of its recent funding round, during which it managed to raise over $3 million from a slew of venture and angel investors. Participants in the round include an assortment of high-profile firms such as Solana Capital, Republic, NFX, iAngels, Longhash, CMS, Jump Capital, Youbi, Morningstar Ventures, Banter Capital, Ascentive Assets, MarketAcross, Node...
Read More »Bitcoin erreicht neues Allzeithoch
Zuletzt bewegte sich der Bitcoin-Preis in ähnlichen Sphären im April dieses Jahrs. Damals schaffte er es bis zum Allzeithoch von ungefähr 63.500 US-Dollar, ehe es für die folgenden vier Monate immer wieder auf und ab ging. Doch nun wurde die Bestmarke aus dem April übertroffen – und es könnte noch weiter nach oben gehen. Bitcoin News: Bitcoin erreicht neues Allzeithoch65.992 US-Dollar pro BTC ist die neue offizielle Bestmarke. Auf vereinzelten Börsen ging es temporär und lokal begrenzt sogar...
Read More »Bitcoin Price Analysis: Caution – Is the BTC Breakout to All Time Highs Confirmed?
Bitcoin managed to complete a daily close above the previous all-time high at $64.8K at $66K. This is an early bullish signal, but it’s not enough to fully confirm the breakout. For this to happen, we need to see multiple daily closes, as well as weekly ones above $64.8K. This would provide confirmation and further validation. In the near term, we can expect to see multiple retests of $64.8K as a support level. Chart by TradingViewNear-Term Caution for the BTC Price Even...
Read More »Ethereum Price Analysis: Following the BTC Flash Crash, ETH Takes Aim at ATH Again
Key Support level: $3,900 Key Resistance level: $4,380 Ethereum missed breaking the all-time high by less than $5 dollars today and is now preparing for another attempt after a sharp rejection (13% drop on Bitstamp). As we reported earlier, Bitcoin flash crashed on numerous exchanges and even dipped by 87% on Binance US for a second. This dragged the entire market down, but it seems that prices are now recovering. The bulls quickly bought the support line at $3,900 after the...
Read More »Bitcoin Price Flash Crashed 87% to $8200 on Binance US
After yesterday’s new all-time high at $67,000, bitcoin corrected today with a steep decline to below $64,000. On some exchanges, though, the crash was significantly more violent as BTC dropped as low as $54,000 on Kraken and to four digits on Binance.US. October 20th was a historic day for the primary cryptocurrency as it finally skyrocketed above its previous all-time high and peaked at $67,000. It happened on the wings of the recently approved Bitcoin Futures ETF in the...
Read More »FTX Closes $420 Million in Series B-1 Funding: Company Now Valued At $25 Billion
One of the leading cryptocurrency exchanges, FTX, just revealed that it finalized massive funding round, the numbers in which are inspired by – you guessed it – the 420 and 69 meme numbers. Memes have become particularly popular and part of the cryptocurrency culture. From food-based tokens, apes, degens, and pop culture numbers, it appears that we’ve seen it all. Yet, Sam Bankman-Fried’s FTX cryptocurrency exchange doesn’t stop to lift eyebrows. In a recent press release, it...
Read More »EOS Price Analysis: Bulls In Control Above $4.5
EOS price started a decent increase above the $4.65 zone against the US Dollar. The price is now trading above $4.75 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $4.50 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could accelerate higher if it clears the $4.90 and $5.00 resistance levels. EOS price is showing positive signs above $4.50 against the US Dollar, similar to...
Read More »Litecoin (LTC) Price Analysis: Rally Gathers Pace above $200
Litecoin price found support near $170 and started a fresh increase against the US Dollar. LTC price is now trading above $200 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $190 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to rise towards $232 unless it fails to stay above the $190 level. Litecoin price is climbing higher above $200 against the US Dollar, similar to...
Read More »Novogratz’ Galaxy Interactive Raises $325 Million to Engage with Blockchain-Based Games
Galaxy Interactive – the affiliate of Galaxy Digital Holdings Ltd. – completed a $325 million funding round to expand further into the digital space. More than 70 LPs participated in the event, including institutional investors, endowments, strategic investors, and family offices. Youngsters Move from The Physical to The Digital World According to a recent announcement, nearly $150 million out of the $325 million has already been invested in new companies, which will join...
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