Price analysis 10/2: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

Square’s mobile payments application Cash App will be buying 16% of Bitcoin’s (BTC) new supply if the company keeps buying at the same rate after the halfing if the price does not go up.Twitter account dedicated to Bitcoin Rhythm pointed out in a tweet from Nov. 7 that the company’s Bitcoin buying rate will account…

The collaboration of over 30 DeFi projects came as an effort to counteract the negative sentiments built in 2022 due to numerous CeFi ecosystem crashes. 353 Total views 4 Total shares Own this piece of history Collect this article as an NFTThe damages caused by the fall of major crypto ecosystems in the last year…

Consensys founder Joseph Lubin has reportedly informed teams in India and the Philippines that their offices will be closing down.On Dec. 11, Coindesk reported that sources familiar with the matter confirmed that the local offices in India and the Philippines would indeed be shut down, however, they were not able to share any more details…

While layer-2 protocols have been focused on "scalability," layer-3 protocols would serve a much different purpose, says Ethereum co-founder Vitalik Buterin. 594 Total views 22 Total shares While Ethereum-based layer-2 solutions have been focused on hyperscaling the network, Ethereum co-founder Vitalik Buterin believes layer 3s will serve a far different purpose — providing “customized functionality.” Buterin…

Bitcoin price is increasingly low versus its 200-day moving average — a key "buy the dip" signal, per the classic BTC price indicator.

Decentralization is a more important phenomenon than blockchain, a senior executive at South Korean tech giant Samsung said in an interview with computing magazine JAX Jan. 10.  Speaking about the future of blockchain, Ricardo J. Méndez, Technical Director at the firm’s innovative technology arm Samsung NEXT, forecast a consolidation of the space in the coming…

Institutional investors withdrew a record $141 million from Bitcoin investment products this past week. 2764 Total views 4 Total shares The latest report from analytics firm CoinShares shows that outflows from institutional BTC investment products continue to surge. According to CoinShares’ June 7 Digital Asset Fund Flows Weekly report, institutional investors are continuing to reduce…

The price of Bitcoin (BTC) surged from $9,160 to $9,584 within the last 48 hours. But despite the 4.6% gain, some traders are turning short-term bearish on the top cryptocurrency.According to several technical analysts, the market structure of Bitcoin remains slightly bearish. At higher time frames, $9,500 could still technically be a lower high. The…