Tag Archives: btcusdt

The US Federal Bureau of Investigations (FBI) said that the $15.3 million that a Nigerian scammer stole from two Chicago-based firms might not be recovered because the funds were converted to Bitcoin.Alleged Nigerian Scammer Arrested, But He Apparently Doesn’t Reveal Bitcoin KeysNigerian media reported that Olalekan Jacob Ponle, nicknamed Woodberry, organized large-scale business email compromise (BEC) schemes. He targeted employees of two Chicago-based firms and manipulated them to conduct...

A close above the critical level of $9,300 on today’s daily candle would put the primary cryptocurrency in an excellent position for another retest of the main psychological barrier at $10,000 (but hey, there is some resistance in between!).There is likely to be a lot of intense selling pressure at this point, however, as this particular level has already forced back two breakout attempts in the last ten days (see the 4-hour chart below).The $9,300 resistance will need considerable volume to...

Pascal Boyart, an artist from France who became popular in the cryptocurrency community through his paintings, has finished yet another mural.This one depicts the famous Red Jester but with a twist to reflect the current problems that riddle the global economy.“Contemplation of the Red Jester”The Bitcoin community’s favorite artist, Pascal Boyart, took it to Twitter today to announce that he has finished yet another mural painting.“Contemplation of the Red Jester”July 20203,50 x 6m.Rue de...

The popular cryptocurrency data analytics and trade execution service skew outlined an exciting comparison between current realized volatility levels and those before the crash to $3,200 back in November 2018.Bitcoin’s 10-Day Realized volatility at 20%According to information from skew, Bitcoin’s 10-day realized volatility is currently sitting at 20% – a figure that’s historically very low.The company makes an analogy and relates the metric to Bitcoin’s price:Bitcoin ten days realized...

For the past ten days, the Bitcoin price was trading mostly inside a $200 range between $9000 and $9200.This behavior is very uncommon to a volatile asset such as Bitcoin. Some technical signs point on an end to this saga very soon, probably as the new week starts.Bitcoin Recent Price ActionAs can be seen on the following 4-hour chart, Bitcoin is trading inside a symmetrical triangle pattern.While yesterday BTC was about to break it down from its lowest angle, Bitcoin found support and...

Bitcoin’s average monthly price has appreciated by almost 80 percent since March’s Black Thursday crash. But as per the latest data from CoinGecko, spot trading volumes have gone down by 28 percent quarter on quarter. Are BTC investors holding more than trading?Bitcoin Price is Up, While Trading Volumes are DownCoinGecko shared Part 1 of its Q2 2020 quarterly crypto market report. The crypto market data platform posted highlights from the report in a series of tweets.One of them pointed out...

An anonymous Bitcoin prediction initially published on 4chan made the headlines for being accurate with the first two out of six price targets. Even though it failed with the next two targets and disappointed believers, the crypto community is still electrified by bullish predictions for 2020.An Anonymous Prediction Almost Did ItTechnical analysis and fundamentals allow experienced traders and analysts to anticipate the subsequent price moves. However, even the most brilliant minds can’t...

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...