Bitcoin 'capitulation incoming' as liquidity risks sub-$50K BTC price

An anonymous nonfungible token (NFT) collector spent 204 Ether (ETH) worth roughly $488,800 (at the time of writing, considerably more when it occurred) on gas fees to mint 1,000 Tubby Cats NFTs.In total, the Tubby Cats enthusiast clearly had some capital to burn as they spent more than $720,000 on minting the NFTs including gas…

The concept of yield farming has gained a lot of traction over the past year or so particularly because it enables crypto owners to stake their assets in return for tangible returns within short time windows. And while the thought of earning a profit on one’s investment may not be new at all, the idea…

As of Nov. 20, companies hold around 842,229 BTC or 4.54% of today’s Bitcoin (BTC) supply, according to the Clark Moody dashboard and data from Bitcointreasuries.org. This is equivalent to a staggering $15.3 billion at the current price of $18,200.Public companies and institutional investors are continuously accumulating Bitcoin. The spark that began with MicroStrategy’s ambitious $425…

Fed Chair Jerome Powell said the bank has flooded the economy with money and would continue lending programs for as long as they’re needed. 556 Total views 6 Total shares Chair of the United States Federal Reserve Jerome Powell recently spoke about measures taken during the financial crisis, with many on Twitter viewing his remarks…

The narrative surrounding Ether (ETH) of it fast transforming into an independent asset has been around for some time now. However, the last few months have seen this notion gain an increasing amount of mainstream traction, as is best highlighted by the fact that, since Oct. 1, ETH has showcased substantial northbound movement against Bitcoin…

Litecoin (LTC) price is down today, mirroring downside moves elsewhere in the crypto market.On July 5, the LTC price dropped over 3% to $100.50. On the same day, the crypto market's overall capitalization fell 2%, suggesting traders have started securing profits at the local tops of multiple cryptocurrencies.LTC/USD daily price chart vs. crypto market capitalization.…

Cryptocurrency exchange OKEx announced that it will soon list enterprise-focused decentralized network Hedera Hashgraph’s native token HBAR.As OKEx’s spokesperson told Cointelegraph, the platform will add HBAR to its spot market with HBAR/BTC, HBAR/USDT and HBAR/USDK on Sept. 17. Deposits and withdrawals will open on Sept. 16 and Sept. 24 respectively. Head of Asia Pacific at…

Bitcoin’s (BTC) failed hard fork attempt from 2017, SegWit2x, was “extremely dangerous and irresponsible,” says a CEO who was formerly one of its biggest supporters.In a series of tweets on Nov. 16, Bobby Lee admitted he was wrong to tout the long-dead Bitcoin scaling solution.Lee: “Bitcoin is the real Bitcoin” Co-founder of cryptocurrency exchange BTCC and…

ETH price reached a new 2-month high of $1,919 as institutional inflows saw seven straight weeks of inflows even when Bitcoin has seen a net outflow in the same period. 335 Total views 5 Total shares The Goerli testnet was successfully merged to the proof-of-stake (PoS) network, marking the final step before Ethereum’s mainnet transition.…