Price analysis 9/9: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
Bitcoin bulls are trying to push the price back inside the range, indicating that the markets have rejected the breakdown.
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The Federal Reserve’s pursuit of a ‘reverse wealth effect’ is undermining crypto
The Federal Reserve’s strategy to hike interest rates may continue, making it difficult for the crypto industry to bounce back. For crypto assets to become the hedge against inflation, the industry needs to explore ways to decouple crypto from traditional markets. Decentralized finance (DeFi) can perhaps offer a way out by breaking away from legacy…

Coinbase expects high demand for ETH unstaking with Shanghai upgrade
Coinbase announces that unstaking requests may take weeks or months to process as they are not in charge of Ethereum’s unstaking process. 1571 Total views 29 Total shares Own this piece of history Collect this article as an NFTEther (ETH) stakers who have had their holdings locked up during the Ethereum Merge event might soon…

Experts Split on Practical Implications of Quantum Cryptography
Scientists in China managed to exchange a crypto key at a distance of over 1,000 kilometers, could this lead to hackerproof cryptography? 1425 Total views 41 Total shares Scientists in China were able to exchange an encryption key at a distance of 1,120 kilometers, this exceeds the previous best attempt by 1,000 kilometers. Crypto experts…

Bitcoin’s average acquisition cost hit $40.9K record high in 2024
Some of the industry’s leading innovators, including Adam Back, say that Bitcoin’s “floor price” is above $40,000.

Binance Staking completes initial phase of Terra 2.0 airdrop as ecosystem issues persist
About 70% of tokens are held in escrow and will be vested starting later this year. 575 Total views 7 Total shares On Tuesday, cryptocurrency exchange Binance said it completed the first stage of airdropping new Terra Luna (LUNA) tokens to holders of Terra Luna Classic (LUNC), TerraUSD (USTC) and AnchorUST (aUST). The distribution was based…

Price analysis 6/14: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, LTC, BCH
Bitcoin (BTC) has risen above the psychological resistance at $40,000 following a series of positive news flow over the past week. The first bit of bullish news that impacted the price of Bitcoin was a tweet from Tesla CEO Elon Musk who said the carmaker wil accept Bitcoin payments if more than 50% clean energy is…

Tesla Stock Soars Above $1,000, Surpassing Bitcoin’s Market Cap
Today the value of Tesla stock set a new record high at $1,027, bringing the market capitalization to $188 billion, and also surpassing the total market cap of Bitcoin (BTC), which hovers at $181 billion.While the value of Tesla stock and Bitcoin price are not interconnected, there is a symbolic comparison between the two as…

New patent-holder wants $18M a month from US Bitcoin ATM operators
Upstart blockchain firm Bots Inc claims it can demand between $14 million and $18 million in monthly revenues after acquiring a patent to Bitcoin ATM technology last month. 1674 Total views 21 Total shares Puerto Rico-based blockchain and robotics firm Bots Inc has announced it is exploring its options with “a major law firm” to…