Cryptocurrency Market to See More Upside Following Bank Problems: Bernstein

news Like most CoinDesk stories, our interaction with an insider claiming to have access to the Binance hackers began with an email. “Hi John Biggs,” wrote someone calling himself John Amate (later Platon.) “I have read your article regarding about Binance hacking and it seems to me that you do not have much information about it. I…

markets View Bitcoin has created a rising wedge pattern on the 4-hour chart. A wedge breakdown, if confirmed, could yield a drop to levels below $10,000. Bitcoin’s recent recovery from $9,467 lacked high-volume support, so a rising wedge breakdown looks likely. The weekly chart is also flashing bearish signals. A high-volume move above $11,000 would…

news Coinbase Wallet users will soon be able to back up their private keys on personal cloud storage platforms Google Drive and Apple’s iCloud. The San Francisco-based cryptocurrency exchange announced the news in a blog post Tuesday, saying that, in case users misplace their private keys or lose devices, they can use the new feature…

Jan 22, 2020 at 15:32 UTCHumpback whale and her baby in the Pacific Ociean (via Shutterstock).A key on-chain metric has witnessed growth over the past 12 months, possibly indicating steady accumulation of bitcoins by retail traders. As of Jan. 14, there were 784,000 addresses holding one or more bitcoins, up nearly 11 percent from 707,000 seen…

markets Bitcoin (BTC) could test a key resistance line for the first time in nearly two months. The widely followed 50-day simple moving average (SMA) line is currently located at $3,940 – $100 above bitcoin’s current price of $3,840 – according to Bitstamp data. The crucial SMA line was last put to test on Nov.…

Bitcoin’s bull market may have ended at the recent record high of over $73,000, veteran chart analyst Peter Brandt said.Brandt said that bitcoin's recent price high of near $74K has already topped according to historical data.Peter Brandt, veteran chart analyst and CEO of Factor LLC, who was previously uber-bullish on bitcoin (BTC), has switched sides.In

Nov 17, 2020 at 8:51 p.m. UTCUpdated Nov 17, 2020 at 9:09 p.m. UTCCME bitcoin futures open interest since Jan. 2020CME Sees Record High Open Interest for Bitcoin Futures on Wave of Institutional InflowsOpen interest for bitcoin futures traded on CME Group’s exchange has reached record highs of $976 million amid a surge of institutional…

Jan 26, 2020 at 15:42 UTCUpdated Jan 26, 2020 at 15:48 UTCThe best Sundays are for long reads and deep conversations. Earlier this week, the Let's Talk Bitcoin! Show gathered to discuss Lightning Network technology and two innovative approaches at the wallet level which simplify the new-user experience at a tangible, but seemingly minimal cost. In…

Kamino is the latest Solana-based DeFi protocol to set an airdrop date.Seven percent of KMNO's total supply is earmarked for the first airdrop.Solana-based DeFi protocol Kamino plans to airdrop its KMNO token in April after taking a snapshot of eligible users on March 31."The amount of points you have will contribute to the amount of