Crypto market in ‘extreme greed,’ may need deleveraging before $100K BTC

On Oct. 12 Bitcoin price (BTC) pushed above $11,700 on Binance and data shows trading at derivatives exchanges also began to spike.According to data from Skew, CME Bitcoin futures open interest has started to recover. The term open interest refers to the total amount of long and short contracts open at a given time and…

Social media giant Facebook, which is currently trying to get regulatory approval for its Libra stablecoin project, reportedly shared details regarding the project’s proposed backing reserves.According to a report by Bloomberg on Sept. 9, Facebook told United States senators about the backing reserves for the stablecoin — a type of cryptocurrency valued by a reserve…

The CEO of Gemini says things would’ve been handled differently if First Republic was a "crypto" bank. 653 Total views 1 Total shares Own this piece of history Collect this article as an NFTCameron Winklevoss, the co-founder, and CEO of New York-headquartered crypto exchange Gemini, has accused U.S. regulators of perpetrating double standards in handling…

In technical analysis, a flag pattern indicates short-term price movements inside a parallelogram coounter to the previous long-term trend. Traditional analysts view flags as potential trend continuation indicators.There are two types of flag patterns: bull flag and bear flag. While their outcomes are different, each flag exhibits five key characteristics, as listed below:The strong preceding…

Valve allows AI content on Steam Game developers can use AI-generated content in games listed on Steam. But only if it isn’t generated using copyright-infringing content. That’s the official line from Valve, the creators of game publishing platform Steam, which it made in response to a June Reddit post that’s been making the rounds about…

The Mars Hub will launch an independent Cosmos application chain and issue MARS to users who hold the token during the two snapshots on Terra Classic. 6451 Total views 11 Total shares Own this piece of history Collect this article as an NFTThe original Terra lending protocol, Mars Hub, has announced it will launch its independent Cosmos…

New all-time highs are all but guaranteed when the time is right, the latest analysis claims, as both Bitcoin and altcoins take a breather. 3096 Total views 6 Total shares Bitcoin (BTC) fell to test $44,000 on Aug. 18 with traders still bullish on new all-time highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewEyes on $42,000…

If government corruption affects the stability of the national currency, it’s only natural that citizens will turn to gold or other assets like Bitcoin (BTC) to invest their savings. It offers them a sense of financial control in an otherwise unstable market.And it’s not just investing that is feeling the impact of crypto. This technology…

It remains unclear if Durov has been officially arrested or charged.