MATIC, SUI, RENDER and TAO could soar if Bitcoin holds $64K
Altcoin traders could send MATIC, SUI, RENDER and TAO higher if Bitcoin manages to continue trading above $64,000.
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3 reasons why Ethereum price can still retest $3K this month
Ethereum’s native token, Ether (ETH), could reach back to $3,000 in March, backed by a mix of short-term technical, fundamental and on-chain catalysts.ETH’s price paints “symmetrical triangle”The first interim bullish outlook for Ether ironically comes from a bearish continuation pattern.Notably, ETH’s 50%-plus decline from its all-time high of around $4,650 on Dec. 2, 2021, followed…
Is the bottom in? Data shows Bitcoin derivatives entering the ‘capitulation’ zone
Analysts love to issue price predictions and it seems that nine out of 10 times they are wrong. For example, how many times did analysts say "we will never see Bitcoin back at X price again," only to see it plunge well below that level a few months later? It doesn't matter how experienced a person…
Ethereum options data shows traders’ mixed opinions on ETH’s future
Data shows traders are buying $400 protective puts while also holding $7,000 call options, a signal that traders either have mixed emotions or are just cashing in on the upfront premium. 2183 Total views 3 Total shares After reviewing Ether (ETH) options for June 25, one might think that traders either became overly optimistic or…
Riot subsidiary Whinstone US sues former JV partner over revenue flow
The partners at the Texas facility had troubled relations almost from their start in 2020.
Bitcoin price hits 7-day low as US warns of ‘highly elevated’ CPI data
Bitcoin (BTC) carried through threats of new local lows July 12 as the White House warned of “highly elevated” inflation.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWhite House warns ahead of "decisive day"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD approaching $19,500 prior to the Wall Street open, down over 4% on the day.Having failed…
Here’s why holding $20.8K will be critical in this week’s $1B Bitcoin options expiry
Bitcoin (BTC) experienced a 16.5% correction between Aug. 15 and Aug. 19 as it tested the $20,800 support. While the drop is startling, in reality a $4,050 price difference is relatively insignificant, especially when one accounts for Bitcoin's 72% annualized volatility.Currently, the S&P 500’s volatility stands at 31%, which is significantly lower, yet the index…
Major Chinese Social Network Tianya to Launch Native Cryptocurrency Token
One of China’s top twenty-five websites, social network Tianya Club, announced it was releasing an internal blockchain-based token July 25. In a blog post, Tianya said its 90 bln Tianyan Tokens (TYT) would function as a kind of rewards system and run in parallel to its existing Tianya Diamond token, which is not cryptographic. Provided…
Terra Virtua moves to Polygon blockchain, citing environmental concerns
"By harnessing the power of this new blockchain, we can ensure that our NFTs are limiting their impact," said Terra Virtua co-founder and CTO Jawad Ashraf. Digital collectibles platform Terra Virtua has moved from the Ethereum blockchain to Polygon in an attempt to be greener.In a Monday announcement, Terra Virtua said it had switched to…