Solana price recovers from sharp sell-off, is $300 SOL possible?
Solana’s onchain and derivatives data suggest that SOL could make a run back toward its all-time high in the short term.
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Investor Files Lawsuit Against AT&T Over Hack That Allegedly Lost Him $24 Mln in Crypto
An U.S. investor has filed a $224 million lawsuit against telecoms giant AT&T over alleged negligence that he claims caused him to lose $24 million in crypto, CNBC reports August 15. Plaintiff Michael Terpin has reportedly filed a 69-page complaint with the U.S. District Court in Los Angeles against his erstwhile telecoms provider, alleging that…
Bitcoin Price Slides to $8.5K as 200MA Resistance Keeps Bulls in Check
Bitcoin (BTC) dipped below $8,500 on Jan. 23 as traders’ expectations of a slow downtrend from recent highs appeared to slowly come true.Cryptocurrency market daily overview. Source: Coin360BTC returns to $8,400sData from Coin360 and Cointelegraph Markets showed BTC/USD reach lows of $8,480 overnight on Wednesday. At press time, Bitcoin hovered at around $8,505.The former level…
Data shows the Bitcoin mining bear market has a ways to go
Bitcoin (BTC) mining is the backbone of the BTC ecosystem and miners’ returns also provide insight into BTC’s price movements and the health of the wider crypto sector.It is well-documented that Bitcoin miners are struggling in the current bear market. Blockstream, a leading Bitcoin miner recently raised funds at a 70% discount. Current mining activity…
Bitcoin price more correlated to FTX developments than macro events: Research
While inflation has an effect on the price of Bitcoin, researchers were bewildered by bitcoins resilience to other macroeconomic factors. 1372 Total views 26 Total shares Own this piece of history Collect this article as an NFTThe collapse of FTX and related developments did more to pull up or push down the price of Bitcoin…
Top 5 Cryptos This Week (Mar 29): CRO, XMR, XRP, ADA, XLM
The coronavirus pandemic has only worsened this week and has engulfed almost the whole world. Several countries in Europe and the US have been the worst affected outside of China where the virus started. While the world attempts to tackle the spread of the virus by lockdowns, it is having a huge negative impact on…
Institutional Market Sentiment Data is Now Available to Anyone
CoinMetro makes institutional grade sentiment data available to regular traders for the first time. 1210 Total views 16 Total shares Estonian exchange, CoinMetro, has chosen to make their crypto sentiment analysis tool available to common users. This is the same tool that is used professionally by crypto hedge funds.Although the tool appears rather simplistic, CoinMetro…
North Korea Allegedly Backed Two Cryptocurrency Scams This Year
According to a new report from U.S.-based security firm Recorded Future published on Oct. 25, the North Korean government has sponsored at least two scam coins.In the report entitled “Shifting Patterns in Internet Use Reveal Adaptable and Innovative North Korean Ruling Elite,” Recorded Future’s research team Insikt Group mentions two alleged altcoin scams tied to…
Crypto Council for Innovation poll sees crypto voters as a force to be reckoned with
The new data show crypto ownership is comparable to that of other assets and especially strong among the young; crypto is seen more favorably than banks in some quarters. 222 Total views 5 Total shares A poll conducted by the Crypto Council for Innovation (CCI) has shown that a candidate’s position on crypto may impact…