Coinbase's Base could become the NVIDIA of DeFi
Coinbase’s stock price has surged since the company’s first-quarter earnings report. Will its Base offering be enough for investors to sustain the momentum?
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Bitcoin ‘great detox’ could trigger a BTC price drop to $12K — Research
Bitcoin (BTC) is in a “dire condition” when it comes to adoption — but a silver lining is already visible, new research says.In the latest edition of its weekly newsletter, “The Week On-Chain,” crypto analytics firm Glassnode said that Bitcoin was going through a “great detox.”Bitcoin adoption returns to March 2020Current BTC price action is…
3 reasons why Bitcoin analysts think a BTC price ‘cycle top’ is in
Capriole Investments founder Charles Edwards says that multiple onchain metrics point to a “sign of weakness” in Bitcoin price.
3 reasons why Ethereum price is headed toward $4K
Ether price and network fundamentals are showing momentum, increasing the chance of a rally to $4,000.
Gate.io threatens legal action against rumor-mongers
Insolvency rumors surfaced after a series of events involving Multichain. Gate.io has denied any liquidity issues. Centralized crypto exchange Gate.io has threatened legal action in response to rumors of imminent bankruptcy. Crypto community members have been speculating since May about a possible connection between Gate.io and the troubled cross-chain protocol Multichain."Legal proceedings will be initiated…
Counterparties Could Foot the Bill For $416 Mln BTC Futures Trade Shortfall on OKEx
Crypto exchange OKEx has issued an official statement today, August 3, in response to its forced liquidation of a colossal misfired Bitcoin (BTC) futures trade worth a notional $416 million that was initiated by an unidentified problem trader earlier this week. OKEx, currently the world’s second largest exchange by traded value, has said that its…
Why is Jerome Powell gaslighting us about the odds of recession?
Over the last 12 months, market analysts and commentators have relentlessly predicted that the United States is heading for a recession. However, the U.S. economy has been remarkably resilient and defied the forecasts. Indeed, we now have the U.S. Federal Reserve discounting a recession from its current modeling, as Fed Chair Jerome Powell emphasized at…
Bitcoin on track to see its highest weekly close of 2022
Seven-day gains nearing 9% have put BTC price action firmly ahead of every other week so far this year. 221 Total views 3 Total shares Bitcoin (BTC) saw a fresh spike to near $45,000 overnight into March 27 as the weekend looked set to deliver a decisively bullish close. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWeekly…
Charles Schwab incoming CEO: ‘I have not bought crypto, and now I feel silly’
Rick Wurster, who will take the chief executive role next year, says he still has no plans to buy crypto but wants to support Schwab clients that do.