Bitcoin price peels back from its weekly high, but BTC derivatives markets look good
Wider economic and stock market-related issues are impacting Bitcoin’s softening price, but futures market data shows traders still feel bullish.
Related Posts
Alameda Research liquidators lost $72,000 during a fund consolidation attempt
The loss occurred while Alameda Research liquidators were attempting to close a borrow position on Aave, but instead, removed the extra collateral used for the position. Own this piece of history Collect this article as an NFTThe liquidators of Alameda Research continue to encounter obstacles in their efforts to recover funds for creditors. Crypto analytics firm…
Bitcoin Price Hits $8.8K Only to Crash in a ‘Logistical Move’ — Trader
Bitcoin price (BTC) traded broadly lower on Oct. 11 after sudden volatility broke a sideways trend in place since earlier in the week. Cryptocurrency market daily overview. Source: Coin360Bitcoin analyst prepares for range-bound tradingData from Coin360 showed BTC/USD circling $8,350 on Friday, having jumped to a local high of above $8,770 earlier. The enthusiasm was short-lived, with…
World’s richest man Elon Musk boosts Bitcoin price by 20% — Is $40K back in play?
Bitcoin (BTC) has been correcting since the peak high at $42,000. However, this correction might have ended as a significant momentum shift occurred in recent days. The GameStop debacle raised many questions about big parties' trustworthiness and exchanges, after which more and more people started to claim that decentralization is the future. Among these people is…
OKCoin Grant Dishes $100K to Bitcoin Payment Processor
OKCoin donated funding to a Bitcoin payment processor, tallying its second independent developer grant allocation. Completing its second independent developer grant, crypto exchange OKCoin has donated $100,000 to open-source crypto payment processor BTCPay Server. In addition to its worldwide fiat on-ramp/off-ramp focus, the OKCoin exchange sees the importance of furthering the industry's framework, OKCoin CEO Hong Fang…
Japanese Otaku Coin Association Welcomes New Leadership
An organization that provides a community currency for fans of Japanese anime just gained two new directors from Dentsu and Hakuhodo. 1156 Total views 9 Total shares Formed to connect fans of Japanese animation, the Otaku Coin Association has announced leading figures from the anime and the blockchain industry will join its leadership team.According to…
GameFi apps revived interest in blockchain gaming: Huobi Research
GameFi initiatives have seen a steep increase since June 2021, owing to a sizable reduction in transaction costs and improved user experience. 632 Total views 7 Total shares Crypto exchange Huobi’s research arm, Huobi Research, has identified a rising interest in blockchain gaming as a direct impact from GameFi initiatives. GameFi implies the use of…
China: Bitcoin Mining Behemoth Bitmain Releases New 7nm Antminer Hardware
Bitcoin (BTC) mining giant Bitmain has officially released two new 7nm (nanometer) “Antminer” crypto mining machines, according to an official tweet posted Nov. 5.Bitmain indicated in September that it would be equipping its new Antminer models with next-generation Application-Specific Integrated Circuit (ASIC) chips.ASIC chips are geared to compute optimally for a specific hashing algorithm and,…
US SEC Levies ‘First’ Civil Penalties Against Two ICOs for ‘Unregistered’ Securities
In a self-described “first,” the U.S. Securities and Exchange Commission (SEC) has imposed civil penalties against two Initial Coin Offerings (ICOs) solely over their failure to register their token sales, according to an official Nov. 16 press release.The SEC states it has reached settlements with two ICO companies, CarrierEQ Inc. (Airfox) and Paragon Coin Inc.,…