Bitcoin’s funding rate flattens, but should BTC bulls rejoice and buy the dips?
Bitcoin bulls tend to celebrate when BTC’s funding rate is negative, but is it really a “generational buying opportunity?”
Related Posts
3 Bitcoin trading behaviors hint that BTC’s rebound to $24K is a ‘fakeout’
Bitcoin (BTC) price rallied toward $24,200 on July 28 after a near 10.5% surge that began a day earlier.The gains appeared after Federal Reserve Chairman Jerome Powell signaled intentions to slow down their prevailing tightening spree. They prompted some Bitcoin analysts to predict short-term upside continuation, with CryptoHamster seeing BTC at $26,000 next.It seems that…
Discord drops Ethereum and NFT integration plans after backlash
While Jason Citron said the NFT feature was in “pre-release” mode, he has now changed his tune after being bombarded with thousands of comments calling on him to drop the plans. 534 Total views 19 Total shares Popular community messaging app Discord has been forced to walk back its integration plans with Ethereum (ETH)-based NFTs…
Two More US Jurisdictions Launch Blockchain-Based Mobile Voting
Two state counties in the United States are implementing blockchain-based mobile voting in the special elections in November.On Oct. 18, the nonprofit Tusk Philanthropies announced its partnership with Jackson and Umatilla Counties in Oregon to pilot the mobile elections platform Voatz. The pilot offers eligible voters to cast their votes using their smartphones, which are…
AI-powered smart contracts could be ‘transformative’ — Ava Labs founder
Imagine if ordinary people could write smart contracts in their native language. It could bring in “billions of new [blockchain] users.”
Reddit investing group triggers crypto-style 860% rally in GameStop stock
Since Jan. 22 GameStop has been attracting a lot of attention from the mainstream news as the stock (GME) for the popular video game retailer rallied 860% from $17.40 on Jan. 4 to a high of $159.18 on Jan. 25. On Jan. 25 GME pulled back 51.70% from its high to close the day at $76.79…
German Programmer ‘Hacks Back’ After Bitcoin Ransomware Attack
German programmer Tobias Frömel (aka “battleck”) has “hacked back” the perpetrators of the Muhstik ransomware who forced him to pay 0.09 Bitcoin (BTC) to recover access to his files.In a Bleeping Computer forum post on Oct. 7, Frömel revealed that he had hacked the attackers’ database, sharing almost 3,000 decryption keys and a free decryptor…
Crypto recruitment execs reveal the safest jobs amid layoff season
Despite a wave of heavy crypto layoffs to start the new year, employees in technical and engineering roles, as well as senior management, will likely continue to see “strong demand” for their skills, recruitment professionals believe.It’s been a tough first few weeks of 2023 for crypto businesses and their staff. Within just two weeks, the market…
Ethereum gas fees reach $500K as ETH price hits a 2020-high at $486
Transaction fees on the Ethereum network have recently reached a new hourly record. According to Glassnode, an on-chain analytics firm, miners on the network earned over $500,000 in just one hour today as Ether (ETH) rallied. Currently sitting at its 2020-high of $486, Ether rallied 10% today. The spike in network activity is thought to be…