Bitcoin bull trap? Watch these BTC price levels as BTC price risks $90K retrace

DeFi is one of crypto's biggest growth stories, but it's also riddled with the most controversy. The sector lost $1.3 billion due to exploits in 2021. 529 Total views 24 Total shares Decentralized finance, better known as DeFi, may not be “decentralized” enough as attackers exploited centralized weak points to drain users of billions of…

In the past, it was often said that Bitcoin (BTC) moves the entire crypto and blockchain industry. Is this still the case?The past few months have seen Bitcoin hitting high-water marks including all-time high long-term holder rates and local highs in hash rate difficulty adjustment — yet Bitcoin is still in bearish conditions as we head…

More than 15% of the existing Bitcoin (BTC) supply has not moved in 12 to 18 months. This confirms that the second half of 2018 was an accumulation season, as much of the BTC acquired during that period has not moved since. According to Unchained Capital’s ‘Hodlwaves’, which determines the velocity of Bitcoins circulated by monitoring…

In its latest report released on Dec. 7, the European Union Blockchain Observatory and Forum (EUBOF) made a case for a blockchain-based digital identity system and digital versions of national currencies.The report was prepared by blockchain software technology firm ConsenSys AG on behalf of the EUBOF, and focuses on the analysis of what blockchain properties…

Large-scale miners are the dominant players in Bitcoin (BTC) mining — we should know because we are one. Having scaled up from a set of mining rigs in my dorm room, our team at Genesis Digital Assets has grown to over twenty industrial-scale mining farms across the globe in just eight years. Every quarter, we…

While Bitcoin (BTC) is showing strength through new higher highs and making a new yearly high, Ethereum's Ether (ETH) shows weakness, particularly the ETH/BTC pair.ETH weakness is also a clear indication that most altcoins are not showing strength either since they tend to reflect Ether's performance. The 0.03 sats level is a crucial barrier to hold…

The report by PwC shows that 80% of central banks are considering or have already launched a CBDC. 305 Total views 23 Total shares More than 80% of central banks are interested in launching a Central Bank Digital Currency (CBDC) or have already done so according to research conducted by accounting firm PwC.The second annual…

Bitcoin is likely going to tackle $34,500 today or tomorrow, Michaël van de Poppe says, opening up the road to $36,000 or more. 1906 Total views 7 Total shares Bitcoin (BTC) touched $34,000 on July 24 after the latest resistance flip held to propel the market higher.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin battles $34,000Data…