Bitcoin liquidity index points to $110K local BTC top by January 2025
If the correlation holds up, Bitcoin price could trail the liquidity index to above $110,000 by January 2025, with a potential correction below $70,000 next.
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Bitcoin fails to break the $21K support, but bears remain shy
Bitcoin (BTC) rallied on the back of the United States stock market’s 3.4% gains on Oct. 28, with the S&P 500 index rising to its highest level in 44 days. In addition, recently released data showed that inflation might be slowing down, which gave investors hope that the Federal Reserve might break its pattern of…
Circle and BlockFi questioned on banking with SVB by Warren and AOC
Circle and BlockFi executives were questioned after the lawmakers accused SVB of “coddling” and giving “white glove” treatment to its largest depositors. 81 Total views 1 Total shares Own this piece of history Collect this article as an NFTExecutives at the stablecoin issuer Circle and the bankrupt cryptocurrency lender BlockFi have been questioned by two…
Charles Hoskinson Criticizes ETH, EOS’s ‘Lone Samurai’ Development Approach
Charles Hoskinson, the co-founder of Ethereum (ETH) and IOHK, the company behind Cardano (ADA), has criticized Ethereum and EOS’s approach to development. Hoskinson made his comments during an interview with business news outlet Fortune published on April 9.During the interview, Hoskinson noted that most protocols publish all their code open source and free from patents,…
Is Axie Infinity overheating? AXS price hits record high following 100% QTD rally
AXS, the native token of Axie Infinity, a play-to-earn nonfungible token (NFT) game built atop the Ethereum blockchain, rallied more than 100% on a quarter-to-date (QTD) timeframe to refresh a new record high above $155. Nonetheless, the cryptocurrency now risks paring a portion of its recent gains as a key technical indicator, dubbed the relative strength index…
Livecoin exchange goes offline after Bitcoin price reportedly exceeds $320K
Russian crypto exchange Livecoin claims that it has suffered a “carefully planned attack,” but some in the community suspect an exit scam. 1455 Total views 6 Total shares Livecoin, a lesser-known Russian cryptocurrency exchange, has abruptly halted operations in the aftermath of an alleged hacker attack on Christmas day. According to Livecoin’s main page, the…
Crypto Crimes Rated: From the Twitter Hackers to Not Your Keyser, Not Your Coins
The high-profile Twitter hack — which saw malicious actors take over 130 verified accounts including Bill Gates and Elon Musk — managed to be both technically brilliant and incomprehensibly stupid at the same time. It was a multi-person attack, deep inside the company’s infrastructure, using sophisticated social engineering to defeat 2FA-protected accounts. But while the…
New Zealand Financial Regulator Warns Public About ‘Profit Bitcoin’ Scam
Amid the apparent global surge of cryptocurrency-related scams, New Zealand’s financial regulator has warned the public against another suspected Bitcoin (BTC) investment scam scheme.In an April 6 statement, the country’s major financial watchdog, the Financial Markets Authority (FMA), issued an official warning against “Profit Bitcoin” — an alleged get-rich-quick scam that promises returns by using…
Silicon Valley and ‘smart money’ are behind this Bitcoin rally, data suggests
Bitcoin (BTC) is continuing to show strong momentum even after a major rally. Key data points show that the uptrend has likely been fueled by smart money in recent months. This means retail or mainstream investors have been largely on the sidelines as BTC price surpassed $15,000 this month.In 2017, when the price of Bitcoin…