Harris win unlikely to rock Bitcoin price, but crypto fears persist, say observers

Sui, Pyth Network, Avalanche, Arbitrum and Aptos are set to release vested crypto tokens in May, according to data tracker Token Unlocks.

Despite the widespread loss of confidence in crypto following the FTX collapse, Bitcoin's on-chain data gives investors hope. 418 Total views 24 Total shares Despite the market downturn and the widespread negative sentiment in the industry in the wake of the FTX collapse, on-chain data still show reasons to be bullish on Bitcoin. As pointed out…

Japanese investors are advised to look out for fraudulent companies replicating the JPX brand names, logos and URLs to offer crypto trading. 265 Total views 4 Total shares Japan Exchange Group (JPX), the Tokyo Stock Exchange and Osaka Exchange owner, warned the public against companies that are misleading Japanese investors by selling crypto assets under…

China’s COVID-19 protests cemented as NFTsNonfungible tokens (NFTs) depicting the ongoing protests in China against the country’s tough zero-tolerance COVID-19 policy have found their way to the NFT marketplace OpenSea.At least two collections have been created in November, the first is a Polygon (MATIC)-based collection called “Silent Speech” featuring 135 NFTs depicting images of protesters,…

This week saw twin reports from smart contract startup Simba Chain and blockchain data management firm Constellation, both of whom announced contracts with the United States Air Force. New utility in USAFJudging by these developments, the U.S. Air Force is looking seriously at new tech to shore up supply chains and rearrange data. Simba Chain has…

A group of United States congressmen has requested that Lawrence Kudlow, the director of the National Economic Council, hold a blockchain forum, in a letter published on May 24.A group of seven congressmen, including Trey Hollingsworth, Darren Soto, Bill Foster, Tom Emmer, Ted Budd, Josh Gottheimer, and David Schweikert, has submitted a request to hold…

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…

China’s Ping An Insurance, one of the world's largest insurance company groups, has released a "White Paper on Smart Cities," advocating for blockchain tech, AI, big data, and cloud computing, People’s Daily reports August 22. Ping An Insurance, a Chinese conglomerate with operations in insurance, banking, and financial services, was ranked the third most valuable…

Bitcoin (BTC) would need to return below $20,000 to reset a key metric which covers speculative profit-taking, data shows.In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode revealed that short-term holders (STHs) may be dictating BTC price resistance.Profit-taking reinforces resistance levelsAs BTC/USD climbed towards $25,000, STHs — those holding coins…