Bitcoin 92-day consolidation is setting up a ‘massive’ rally — Traders

We‘ve all heard stories of billion-dollar future contracts liquidations being the cause of 25% intraday price crashes in Bitcoin (BTC) and Ether (ETH) but the truth is, the industry has been plagued by 100x leverage instruments since BitMEX launched its perpetual futures contract in May 2016.The derivatives industry goes far beyond these retail-driven instruments, as…

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekBitcoin price quickly climbs to $31,000, liquidating $100 million of shortsAs 2021…

American cryptocurrency lender BlockFi has secured $18.3 million in a funding round led by Valar Ventures.The Series A funding round saw participation from a number of crypto-focused investors, including Winklevoss Capital and Galaxy Digital, according to a press release shared with Cointelegraph on Aug. 6. Other investors included ConsenSys Ventures, Akuna Capital, Avon Ventures, Susquehanna,…

This move will allow Binance to propose governance votes, but is not enough to meet the quorum 4% requirement. 370 Total views 10 Total shares Crypto exchange Binance is now the second-largest entity by voting power in the Uniswap DAO, sitting just behind the venture firm Andreessen Horowitz, or a16z, according to the on-chain list of…

International agriculture giants, Agrocorp and Cargill, have traded $12 million worth of wheat from North America to Indonesia via the blockchain. The transaction was made via the Singapore-based blockchain platform dltledgers, which is based on Hyperledger Fabric. International cooperative bank Rabobank, ship owner Amarante, and shipping agent Transmarine, also partnered in the transaction.The trade settled on April…

More stablecoins find their way to exchanges than ever before — where will they be deployed next? 631 Total views 14 Total shares Cryptocurrency exchanges now have more stablecoins on their books than ever before in a fresh sign investors are waiting to buy Bitcoin (BTC) and altcoins.Data from on-chain analytics platform CryptoQuant shows that…

Bitcoin price data strongly suggests that the current BTC price correction is a buy-the-dip opportunity.

Gaming YouTube streamer "Dr Disrespect" unveiled the first sneak peek of his upcoming NFT shooter game dubbed Deadrop on July 30. The initial reaction has been mixed, however, with some underwhelmed by the game’s lack of polish given that Dr Disrepect boasted in a now-deleted Tweet from June that it “already blows out anything” from the…

Bitcoin (BTC) will see its mining difficulty grow by 60% in the third quarter of 2019, according to new data.Bitcoin metrics show big competition in playUploading historical and future projections to Twitter on Sept. 19, well-known analyst Kevin Rooke said difficulty had already expanded at an average of 42% each quarter since 2016.With the exception of…