Tag Archives: btcusdt

While Bitcoin remains rangebound, to an extent, last week had some very exciting trading days. Towards the beginning of the week, BTC was trading at around $9,200 until last Saturday when it suddenly dropped and touched a low of $8,833, which remains the lowest point for the week. From there, BTC recovered and even made a failed attempt to climb back above $9,300.As it came to no fruition, the cryptocurrency experienced another sharp decline, losing $300 in minutes yesterday. It consolidated...

Decentralized finance markets have reached their highest ever levels in terms of the total amount of crypto collateral locked in smart contracts across the nascent ecosystem.DeFi: The Quickest Growing Sector in CryptoThe recent liquidity farming craze has catalyzed DeFi markets so much that they have now become the quickest growing sector in the crypto industry. Total value locked (TVL), which is a measure of how much crypto collateral is locked up in smart contracts, has just hit an all-time...

Bitcoin broke past its stagnant price trend dropping to sub-$9000 levels a few hours ago. But all is well as a V-shaped recovery quickly followed the fall, and Bitcoin’s realized cap hit a record of $107 billion today.BTC’s Realized Cap Clocks New High, Tops $107 BillionAs per data from Glassnode alerts, the company’s Twitter account for on-chain crypto alerts, Bitcoin’s realized cap hit an all-time high of $107 billion.Bitcoin Realized Market Cap Hits $107 Billion, Source: Glassnode...

A year after the famous Hollywood actor William Shatner tweeted that Elon Musk and Vitalik Buterin were deciding what to build on Ethereum, the Tesla CEO refuted the rumor but said that he had nothing against the network.Musk: Not Building On EthereumThe Canadian actor, arguably most well-known for his role as Captain Kirk on Star Trek, has been quite favorable towards blockchain and cryptocurrencies in the past.William Shatner (and his role as Captain Kirk). Source: Daily MailAside from...

After failing to reclaim the $9,300 mark yesterday, Bitcoin’s price went on a negative spiral down to $8,950 on some exchanges.As it typically happens, most alternative coins followed the adverse move and have charted losses in the past 24 hours.Bitcoin Dips Below $9kAs reported yesterday, the primary cryptocurrency made an indecisive attempt to reconquer the $9,300 level. Although it failed, the asset managed to hover around $9,200.In just a few hourly candles, however, BTC went on a sharp...

A Fifth Circuit panel of three judges ruled against Richard Gratkowski’s appeal that Fourth Amendment rights should protect Bitcoin data. The panel ruled that the FBI agents who subpoenaed cryptocurrency exchange Coinbase to track Gratkowski’s payments to a child pornography website acted according to the law.4th Amendment Doesn’t Hinder US Law Enforcement to Track Bitcoin TransactionsOn Tuesday, a US court compared Coinbase to a traditional bank, citing the US Supreme Court’s decision in the...

Bitcoin bears appear to have come out of hibernation today. According to the latest data from Glassnode, Bitcoin hourly addresses hit a 2-year high today and hourly active addresses set at a new yearly high.While these figures might sound promising, they have coincided with a steep $300 crash in Bitcoin’s price over a 2.5 hour period. So far, the leading crypto’s market cap has fallen by over $4 billion over the past several hours.Bitcoin Price Levels to Watch in the Short-termBTC/USD 4-hour...

After a podcast with popular Bitcoin proponent Anthony “Pomp” Pompliano, the famous comedian Bill Burr said that he will buy BTC. Fellow comedian and co-host Bert Kreischer regretted not buying Bitcoin before but seemed more interested in purchasing mining equipment.Current Economic SituationCo-founder and partner at Morgan Creek Digital Anthony Pompliano recently appeared in a podcast jointly hosted by two popular comedians – Bill Burr and Bert Kreischer.Bill Burr (left) and Bert Kreischer...

The last few weeks were quite stagnant for Bitcoin in terms of price movement, considering the cryptocurrency is famed for its price action. However, while BTC price is looking pretty unexciting in recent times, Bitcoin is fundamentally strong as the network activities continue to record new highs.Positive On-Chain Market ActivitiesAccording to insight first shared by Glassnode CTO Rafael Schultze-Kraft, on-chain market metrics including transaction counts, new addresses, active addresses,...

A recent poll by the popular gold proponent Peter Schiff indicated that most of his followers believe that the price of the bullion will never surpass Bitcoin’s.One BTC > Ounce Of GoldPeter Schiff is a prominent US economist and a famous gold-bug. However, he is also a well-known Bitcoin basher and rarely misses an opportunity to lash out against the primary cryptocurrency.He recently published a rather compelling poll on his personal Twitter account, asking, “how long do you think it will...