Pepe hits all-time high, memecoins soar after famous GameStop stock trader ‘returns’
Memecoins rally, and PEPE hits a new all-time high shortly after GameStop stock trader Keith Gill posts to his Roaring Kitty X account for the first time in 3 years.
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Does high US consumer debt benefit Bitcoin price?
Cointelegraph analyst and writer Marcel Pechman breaks down consumer debt and why it might lead to a good outcome for BTC. 76 Total views 2 Total shares On the latest episode of Macro Markets, Cointelegraph analyst Marcel Pechman explains why United States consumption remains strong while auto-loan and credit card balance delinquency is accelerating. According to…
Bitcoin now has a 7% chance of beating $20K highs in the next 2 months
Bitcoin odds are "repricing quickly," says Skew as one analyst highlights the current price pump's "organic" nature. Bitcoin (BTC) has a 7% probability of beating its $20,000 all-time highs by the end of this year, data shows.According to data from on-chain analytics resource Skew, as of Oct. 22, Bitcoin options were moving in favor of…
Cornered by Bear Market, Bitmain Is Facing an Unclear Future
On Jan. 10, news emerged that Chinese Bitcoin mining giant Bitmain’s co-founders, Jihan Wu and Micree Zhan Ketuan, will step down as co-CEOs of the company. The move follows a streak of reports suggesting that Bitmain has been facing mass layoffs, class action lawsuits and difficulties related to its initial public offering (IPO) during the last…
Bitcoin Price Must Hold $9.7K or Risk New 5-Month Low, Says Analyst
Bitcoin (BTC) price fell below $9,700 on Sept. 24 as bears continued to dictate market performance and limit gains.Cryptocurrency market daily overview. Source: Coin360Bitcoin price struggles to hold $9,700Data from Coin360 painted a gloomy picture for Bitcoin investors on Tuesday, with BTC/USD bouncing off lows of $9,630 to hover closer to $9,750 at press time.The…
Fundstrat’s Tom Lee: Bitcoin Pullback Is Healthy, Fewer Searches Аre Good
Fundstrat Global Advisers co-founder Thomas Lee wrote that the recent Bitcoin (BTC) pullback is healthy in a tweet on July 14.In his tweet, Lee also addressed concerns over the recent decrease in Google searches for Bitcoin:“As for the search traffic for bitcoin being low, I also think that is a good sign. It means the…
zkSync unveils new network of ‘Hyperchains’ — Testnet by end of year
Ethereum zero-knowledge proof scaling system zkSync Era has unveiled its answer to Optimism’s Superchain concept in the form of ZK Stack.It’s a modular framework for a series of ZK-powered custom blockchains called yperchains, which will operate as a new layer on top of the existing layer-2 protocol. The chains will be composable and interoperable, enabling…
Overstock’s tZero Launches Mobile Crypto App Touted as Hack-Resistant
tZero, United States retail giant Overstock’s crypto subsidiary, has launched a digital wallet and exchange app for crypto, the company officially announced in a tweet on June 27.The firm calls its new mobile crypto app a hack-resistant solution for trading and storing cryptocurrencies, tZero CEO Saum Noursalehi said in a press release to Reuters.Noursalehi explained…
New Bot Enables Millions to Send and Receive Cryptocurrencies on Facebook Messenger
A company is giving Facebook users a way to securely send and receive crypto through Messenger — all while keeping sensitive information private.Lite.IM says its bot currently supports four cryptocurrencies: Bitcoin, Ethereum, Litecoin and its own native currency, ZTX.The company says it is “driven by a vision of what the world might look like if…