Bitcoin technical indicators 'improving' at $59K may trigger short squeeze

August 21, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Bitcoin technical indicators are “improving” — meaning a short squeeze may be “inevitable,” according to crypto analysts.

Arkham Intelligence said the wallet contains approximately $2.54 billion worth of ETH under custody for user balances. 321 Total views 15 Total shares Crypto analytics platform Arkham Intelligence has revealed financial services company and crypto trading platform Robinhood as a leading holder of Ether (ETH) and the owner of the fifth-largest ETH wallet, which contains

NBA Top Shot leads NFT explosion with $230M in sales

The NFT craze has reached the NBA, with digital collectibles grossing $230 million in sales, according to Dapper Labs. 2772 Total views 16 Total shares Dapper Labs, the creator of the CryptoKitties game, is helping the National Basketball Association, or NBA, become a magnet for digital collectibles. NBA Top Shot, a marketplace for non-fungible tokens, or…

Crypto Markets See Solid Upswing, Bitcoin Pushes $7,500

Crypto markets are seeing mostly green today, July 21, continuing the momentum of this week’s upswing. The top ten altcoins are solidly regaining strength today, up as much 8 percent, according to Coin360, with Bitcoin (BTC) only slightly in the green, hovering near yesterday’s levels. Market visualization from Coin360 The top cryptocurrency is currently trading…

20% of Gen Z, Alpha sees crypto as retirement alternative: Report

More than 40% of the young generations have already invested in cryptocurrency, showing a “generational shift” in financial planning, according to Bitget Research.

Gemini Exchange Added to CME Group’s Pioneering Crypto Benchmarks

The Winklevoss twins’ Gemini platform is being added as a constituent exchange for the Chicago Mercantile Exchange (CME Group)’s cryptocurrency reference rates.As revealed in an official tweet from CME Group on Aug. 8, Gemini will be included in four major crypto pricing indices as of Aug. 30.CME Group Bitcoin, Ether IndicesAs reported, CME Group launched…

How AI agents can turbocharge Community Notes on X and Facebook

AI agents would happily predict Community Notes on markets worth $1 to $2 to help get them online hours earlier, says David Minarsch from Olas Predict.

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Bitcoin weakness spurs $441M digital asset inflows

Digital asset investments see significant inflows of $441 million, driven by Bitcoin price weakness, Mt. Gox activity and a German government sell-off, according to a CoinShares report.

OKX exec says KYC will ‘raise the bar,’ bring real capital into crypto: Blockchain Economy Dubai 2023

Lennix Lai, OKX’s global chief commercial officer, told Cointelegraph that bringing traditional finance investors into the space would require raising compliance standards. 117 Total views 2 Total shares While some areas of the crypto space focus on privacy and anonymity, others focus on raising the standards within the space and on bringing in traditional players

Crypto News From the Spanish-Speaking World: Week in Review

This week was an important one for crypto adoption in the Spanish-speaking world, with reports of a government ministry working on a token in an Argentinian province and a Venezuelan state airline accepting the country’s controversial Petro coin. Here’s the past week of crypto and blockchain news in review, as originally reported by Cointelegraph en Español.Spain’s…

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