Bitcoin tumbles will be ‘less abrupt’ after realized profit drops 76%
Bitcoin’s daily realized profit metric has fallen 76% after the initial hype about $100,000 Bitcoin began to wane off, according to crypto analysts.
Related Posts
Crypto and commodities poised for massive rally, says market analyst
According to Michael van de Poppe, an upcoming surge in global liquidity, fueled by debt refinancing, could trigger the next Bitcoin bull run.
Shopify facing another lawsuit from crypto holders over Ledger data breach
The e-commerce giant is in the hot seat again for its alleged role in making the hacked Ledger user data available to malicious actors. 414 Total views 16 Total shares Global e-commerce platform Shopify and hardware wallet maker Ledger face a major legal hurdle as a group of Ledger users have filed a class-action lawsuit…
‘Irrational, even by crypto standards’: KSM moons as Kusama looks to Mars
Polkadot’s ‘canary network’ has tripled in price this month, with Kusama having unveiled an ambitious plan to relay blockchain transactions from Mars. Polkadot’s (DOT) mainnet launch rally has seen many associated projects produce parabolic gains during August.Polkadot’s pseudo-test network or ‘canary chain’, Kusama (KSM), has been among the month’s strongest performers, rallying from less than…
BTC price dips 3.5% as ‘overheated’ Bitcoin derivatives spark angst
Bitcoin (BTC) broke below $35,000 after the Nov. 2 Wall Street open as analysis warned of “overheated” derivatives.BTC/USD 1-hour chart. Source: TradingViewBitcoin undoes post-Fed gainsData from Cointelegraph Markets Pro and TradingView tracked a retreating BTC price as it erased ground it reclaimed overnight.The largest cryptocurrency had hit new 18-month highs of $35,968 on Bitstamp before
Marathon Digital terminates credit facilities with Silvergate Bank
The decision to end its loan facilities with Silvergate Bank follows a shift in Marathon’s long-term financial strategy to build liquidity. 87 Total views 2 Total shares Own this piece of history Collect this article as an NFTBitcoin mining firm Marathon Digital has paid off its term loan and terminated its credit facilities with crypto-friendly…
Hackers Breach Smart Contract on Ethereum-Based Adult Entertainment Platform SpankChain
Ethereum-based adult entertainment platform SpankChain has suffered a smart contract security breach that led to loss of around $38,000, the firm reported on its Medium page Oct. 9.The hack, which purportedly took place Oct. 6, was detected by SpankChain a day after, and was announced today in a post entitled “We Got Spanked: What We…
DOT rallies 12% in a day as Polkadot gears up to solve a major blockchain hacking problem
Polkadot (DOT) price ticked higher in the past 24 hours on anticipations that its new cross-chain communications protocol would solve a long-standing problem in the blockchain sector.DOT price gains 12% on XCM launchBulls pushed DOT's price to $16.44 on May 5 from $14.72 a day before, gaining a little over 12% as they assessed the launch…
Blockchain Software Firm Digital Asset Open Sources its DAML Language
Blockchain software firm Digital Asset has open sourced its Digital Asset Modeling Language (DAML), the company announced on Twitter on April 4.Introduced in April 2016, DAML is an expressive language designed for financial institutions to model and execute agreements through distributed ledger technology (DLT).According to Digital Asset’s blog, DAML is similar to a smart contract…