Dogecoin futures open interest hits all-time high — Is it a top signal for DOGE?
The DOGE price top could be in, despite constant endorsements from Elon Musk and the general outperformance from most memecoins.
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Crypto-stock trade pairs in the cards as Swyftx inks $1.5B merger with Superhero
Australian crypto exchange Swyftx wants to eventually offer seamless trading between traditional and crypto-asset classes, with its first step being the completion of its $1.5 billion merger deal with online investing platform Superhero. The deal to combine the two was revealed on June 8, with the merged entity set to become the first in Australia to…
2 key metrics suggest Bitcoin price won’t be pinned below $33K for long
Over the last 48 hours, Bitcoin (BTC) price climbed from $31,000 to $34,800 before reversing course and dropping the majority of these gains. While this $3,800 shift to the downside might not seem significant, the 12% oscillation liquidated $660 million worth of futures contracts.While it’s unlikely that there will ever be a definitive answer behind…
BTC price faces crucial trend battle as Bitcoin RSI confirms breakout
Bulls have something to celebrate after a classic on-chain metric prints its first major divergence in months. 465 Total views 15 Total shares Bitcoin (BTC) may have stopped short of $40,000, but this week’s gains have helped spark a more significant breakout for underlying price strength.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewRSI breaks a two-month…
Fake Ethereum Denver website linked to notorious phishing wallet
Hackers continue to create fake Web3-enabled websites to fleece unsuspecting victims’ browser-based wallets, with ETHDenver being the latest victim. 167 Total views 3 Total shares Own this piece of history Collect this article as an NFTA fake website of the popular Ethereum Denver conference is the latest phishing target of a red-flagged smart contract that…
Bitcoin Turns Ten on Anniversary of Genesis Block
Today, Jan. 3, marks ten years since the creation of the very first block on the Bitcoin (BTC) blockchain.Known in more technical parlance as a “genesis block,” the first block on a blockchain is unique in that it — logically — contains no reference to any previous blocks, and is always hard-coded into the network’s…
Derivatives data highlights crypto traders’ positive sentiment and belief in further upside
The recent weakness in the crypto market has not invalidated the six-week-long ascending trend, even after a failed test of the channel's upper band on Feb. 21. The total crypto market capitalization remains above the psychological $1 trillion mark and, more importantly, cautiously optimistic after a new round of negative remarks from regulators.Total crypto market…
IOHK and BeefChain Team Up to Answer ‘Where’s The Beef?’
The IOHK and BeefChain partnership will trace beef from ranch to consumer, fighting beef fraud and improving food security. 828 Total views 4 Total shares The team behind Cardano (ADA) blockchain, IOHK, have partnered with Wyoming-based BeefChain to utilize blockchain technology to improve food traceability and security.IOHK, which relocated to Wyoming in 2019, announced the…
Grammys 2022: NFTs hot topic of discussion among musicians and industry experts
The billion-dollar music industry has shown recent interest in nonfungible tokens (NFTs) as musicians everywhere are beginning to understand the power of moving away from centralized business models. This concept is currently being demonstrated by early innovators like the popular rapper Snoop Dogg, who recently acquired Death Row Records with plans to transform the company into…