Lightning Network value directly correlated to Bitcoin price: Report
“It’s like your dial-up internet became broadband because the Bitcoin price went up,” according to the CEO of Amboss Technologies.
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BTC Crash, Fraud and Anti-Hodling: Bad Crypto News of the Week
The Bitcoin community collectively facepalmed after BTC fell back below $10,000. It was the result of an $800 crash that took place over the course of one hour, the fifth-largest one-hour drop ever recorded. But some analysts are calling for an unprecedented rally ahead of the pending halving. This is largely due to the appearance…
Wallet providers introduce BRC-20 token support despite market drawdown
There are currently more than 34,000 types of BRC-20 tokens in circulation. 142 Total views 9 Total shares On June 21, self-custody wallet provider BitKeep announced support for BRC-20 tokens issued on the Bitcoin network. With the feature, users can view, rank and transfer BRC-20 tokens and nonfungible tokens (NFTs). Developers also stated BRC-20 in-wallet…
Crypto startup funding grows to $2.7B in Q2 despite fall in total deals
Crypto infrastructure projects led the way in attracting venture capital with major infra projects raising a combined $685 million in new capital in Q2.
Indian crypto exchanges prepare ad blitz for festive season
Indians exchanges are urging locals to buy and give Bitcoin during the upcoming holiday season. 836 Total views 30 Total shares To celebrate the holiday season in India, cryptocurrency exchanges are looking to lure retail traders by launching aggressive marketing campaigns and giving away crypto.For this year’s Hindu holiday season, which kicked off on Sept.…
Dutch Soccer Assn. Trials Blockchain App at EU Championship Qualifying Match
The Royal Dutch Football Association (KNVB) trialed a new blockchain-based ticketing app during yesterday’s Netherlands-Estonia European Championship qualifying match.The news was reported by Ajax Life, a fanzine associated with the top tier Dutch football club AFC Ajax, on Nov. 19.Replacing tickets with an appYesterday’s match was hosted at the Johan Cruijff Arena in Amsterdam, which…
Data Analyst: 3 Key Metrics Show the Start of a New Bitcoin Bull Trend
According to Ki Young-Ju, the CEO of market research firm CryptoQuant, three key on-chain indicators are currently signaling a Bitcoin (BTC) price uptrend. Metrics that hint at a bull market are less selling pressure from miners, low exchange inflows and declining exchange reserves.On July 20 Ki noted:“On-chain Indicators Status: BUY. Miners are not selling (based on…
Bitcoin Price Drops to $6.1K Shortly After Equities Markets Close Red
After trading in the $6,450 to $6,850 range for the past eight days, Bitcoin (BTC) price finally made a larger move, this time to the downside, as the digital asset dropped 8.72% to a daily low at $6,068. The move somewhat mirrors the performance of traditional markets, which also closed the day with losses. The Dow…
Bitcoin analyst says ‘supply shock’ underway as BTC withdrawal rate spikes to one-year high
As Bitcoin (BTC) continues trading sideways inside the $30,000–$40,000 range, new data is emerging about the potential for a bullish breakout.Is Bitcoin silently readying for a breakout like in Q4 2020? Willy Woo, an on-chain analyst, anticipates a potential supply shock in the Bitcoin market, as long-term holders continued raking BTC supply from short-term ones. Woo stated…