Centralized crypto exchanges are key for mass adoption, despite FTX collapse

Cardano (ADA) has started painting a bearish continuation pattern on its longer-timeframe charts, raising its likelihood of undergoing a major price crash by August.ADA price in danger of a 60% plungeDubbed the "bear pennant," the pattern forms when the price consolidates inside a range defined by a falling trendline resistance and rising trendline support after…

BitMEX, the world’s largest cryptocurrency trading platform, saw record volumes across its operations as bitcoin (BTC) hit $13,000. The company reported the figures on Twitter on June 26.On Wednesday, BitMEX, which is the world’s single biggest bitcoin derivatives provider, reported more than $1 billion of open interest on the market. Trading topped $13 billion, with…

The freeze comes shortly after Terra’s website was compromised over the weekend by hackers who attempted to scam users via phishing attacks. 185 Total views 6 Total shares Layer-1 blockchain Terra has temporarily shut down its website in order to protect users from ongoing phishing scams on the platform.“The terra(dot) money domains have successfully been…

Marathon has outlined that at this stage its operations hosted by Compute North will continue to operate as usual, and highlighted an improved BTC mining production in Q3. 385 Total views 43 Total shares

The commodity strategist has pegged Bitcoin to rebound strongly from the bear market despite headwinds for high-risk assets. 654 Total views 38 Total shares Bloomberg analyst Mike McGlone has labeled Bitcoin (BTC) a “wild card” which is “ripe” to outperform once traditional stocks finally bottom out. In a Sept.7 post on Linkedin and Twitter, McGlone explained…

On this episode of Decentralize With Cointelegraph, the team reflects on their week in Davos covering the World Economic Forum as crypto and TradFi continue to collide. 63 Total views 2 Total shares Own this piece of history Collect this article as an NFTTraditional finance, or TradFi, continues to explore the world of cryptocurrencies and…

A tweet published on April 12 by the research arm of major cryptocurrency derivatives platform BitMEX estimates that Bitcoin SV (BSV) miners have accumulated gross losses of $2.2 million.The report released by BitMEX Research claims that BSV miners perceived a negative gross profit margin of 12% since the coin was created in a hard fork…

$2 billion worth of Bitcoin (BTC) options will expire on Friday, Aug. 27. Some analysts argue that a strong call (buy) option buying activity on Aug. 22 was likely the catalyst for the recent $50,000 price test.Digital asset trading firm QCP Capital mentioned in its market update that an entity has been "consistently pushing (option)…