Bitcoin indicators flash ‘greed and FOMO’ as ETF inflows top $300M
Key Bitcoin sentiment indicators have quickly flipped into “greed” territory amid a sharp uptick in the crypto market and strengthening Bitcoin ETF inflows.
Related Posts
New York regulator hunts crypto and AI specialist for policy unit
The NYDFS is recruiting a policy specialist to address key crypto, DeFi, and AI issues within financial services.
Chinese Iron Importers Favor Crypto Over US Dollars
Chinese iron ore importers want to adopt the digital yuan to make transactions less dependent on American currency. The Chinese iron ore sector is shifting towards blockchain-powered cross-border platforms to conduct trade deals in the national currency yuan (RMB), rather than the more usual USD transactions, as importers begin to adopt the technology.According to China…
Perplexity AI’s ad integration plan draws shock, mockery: ‘This company is toast’
The company reportedly intends to charge a much higher-than-average premium for ad space in its AI-powered search engine.
Blockchain Firm Algorand Raises $60 Million in New Token Sale
Blockchain company Algorand has raised over $60 million in a token sale on financial services platform CoinList, technology-focused news outlet The Block reported on June 19.The Algorand Foundation — a firm that implements an open source public ledger and cryptocurrency payment system utilizing the Byzantine Agreement message-passing protocol — has reportedly raised $60 million in…
German quantum breakthrough highlights need for particle physicists in crypto
German quantum breakthrough highlights need for particle physicists in crypto
Bollinger Bands creator warns Bitcoin bulls as BTC price struggles below $50K
Bitcoin (BTC) prices have recovered by more than 60% to $47,486 after bottoming out below $30,000 on July 20, triggering anticipations of an extended bull market toward $100,000. But to John Bollinger, a celebrated contributor to the field of financial analysis, investors should refrain from buying the benchmark cryptocurrency at current prices.Bollinger advised in his Tuesday tweet…
Analyst says DeFi and stablecoins held up well as crypto markets imploded
The decentralized finance (DeFi) sector faced its first real challenge during last week’s market sell-off that saw more than $1 trillion wiped from the global cryptocurrency market cap as traders feverishly ran for the safety of stablecoins amid tumbling prices. Despite rapidly declining token prices, the nascent DeFi sector held its own as decentralized exchanges experienced…
US Navy to pilot blockchain-based project to improve medical supply lines
Consensus Networks uses the IoTeX blockchain to monitor the health of 700,000 U.S. Navy sailors and marines in real time. 265 Total views 11 Total shares The United States military continues to explore blockchain technology to improve its processes. The U.S. Navy has signed a $1.5 million contract with Consensus Networks to develop a blockchain-enabled…