Bitcoin sudden pump to $81K annihilates $180M shorts in half a day

Bitcoin (BTC) price was unable to hold the psychological barrier of $10,000 and couldn’t break through the resistance of $10,400. This rejection caused a corrective move to $9,450, leaving a $400 CME gap behind. Following Bitcoin’s severe correction, many altcoins also retraced more than 10% over the weekend. But does this mean the bullish momentum is…

As many in the crypto industry have said, 15 days over the holidays is just not enough time to respond. 1759 Total views 9 Total shares Nine congresspeople have signed on to a letter to Treasury Secretary Steven Mnuchin, telling him to hold his horses. The Thursday letter is in response to the Treasury's recent proposal to make…

Wyoming has continued its blockchain integration via a new partnership with online retailer Overstock targeting land records, a press release confirmed Dec. 20.Signing a Memorandum of Understanding (MoU) with administrators in Teton County, Overstock subsidiary Medici Land Governance will seek to develop and release a “blockchain-based land records and information platform” next year.“We are proud…

Dogecoin has surged almost 20% this week, possibly due to a viral TikTok challenge that encourages users to get rich should the coin's price hit $1. 2438 Total views 49 Total shares Crypto asset Dogecoin (DOGE) has leapt 18% in 24 hours and almost 20% over the past week. The price action is happening against…

Asymmetry Finance’s afUSD synthetic dollar is based on Ampleforth’s supply adjustment mechanism, which stabilizes prices through elastic supply.

The United States’ National Aeronautics and Space Administration (NASA) is looking to hire a data scientist with crypto and blockchain expertise.Crypto and blockchain considered a plusAccording to a LinkedIn job listing posted on Sept. 20, NASA is looking to employ a data scientist for its Jet Propulsion Laboratory in California, whose primary function is the…

Many in and out of the crypto space have parodied Matt Damon's appearance promoting the crypto exchange following the market downturn in May. 279 Total views 4 Total shares The crypto industry has had its share of issues with marketing, from projects many authorities labeled as scams to high-profile branding with sports franchises, but one…

Blockchains produce huge amounts of data and it seemed that only data scientists and blockchain research firms like Chainalysis and CipherTrace were making use of it. Recently, crypto investors like Willy Woo and Philip Swift have begun to incorporate on-chain data into their rigorous Bitcoin analyses and the results have been astounding. Despite these efforts, on-chain…