Bitcoin rebounds 7% from low as BTC price chart prints rare RSI signal

The most popular social media platform in Russia, VKontakte (VK), is considering developing its own cryptocurrency, local news outlet RNS reported on March 28.Per the report, an unspecified person familiar with the company’s plans told the outlet that the project involves the creation of individual cryptocurrency accounts for all the users of the platform. Still,…

Bitcoin’s explosive gains are strongly reflected by the number of days it has closed above $16,320. 1127 Total views 1 Total shares The Bitcoin (BTC) price, which is currently sitting at $16,320, has only been at this level or higher for 12 days in the coin's entire 4,332-day history, representing just 0.28% of the cryptocurrency’s…

The Consolidated Audit Trail would gather a monumental amount of data, and more than it is meant to when it exposes the identity of crypto wallet holders.

HyperChain Capital CEO says DeFi provides potential growth and investment opportunities for the digital assets management firm. 1921 Total views 63 Total shares Decentralized finance, or DeFi, offers potential growth opportunities said the chief executive of digital assets management company HyperChain Capital.HyperChain CEO Stelian Balta said DeFi “has a huge opportunity to grow” and that…

Bitcoin (BTC) is becoming scarcer than ever — if you are a BTC price speculator or new to the market.The latest data from on-chain analytics firm Glassnode shows a record portion of the available BTC supply is locked up in long-term storage.Bitcoin long-term holder presence beats all-time highsAt more than 76%, Bitcoin’s long-term holders (LTHs)

Distribution "keeps getting better," says Willy Woo amid continued claims that Bitcoin as a network is too centralized. 1314 Total views 9 Total shares Bitcoin (BTC) ownership is becoming more decentralized every day, data shows, allaying fears that the supply is being controlled by an elite.Data from Glassnode reproduced by statistician Willy Woo on Feb.…

AOC and guests explored the conditions that led to the GameStop short squeeze and the ramifications of the institutional response to it. 1049 Total views 6 Total shares Hundreds of thousands tuned in to a Twitch stream today as U.S. congresswoman Alexandra Ocasio-Cortez discussed Robinhood’s controversial decision to suspend trading in GameStop after the short…

The move signals the crypto betting market’s growing importance. 

The COVID-19 pandemic is threatening to plunge the world into the deepest crisis since the Great Depression and could deprive global economies of $5.5 trillion over the next two years. China’s economy shrank for the first time in 44 years. China’s gross domestic product fell by 6.8% in the first quarter compared with last year.…