Bitcoin (BTC) entered an ascending channel in mid-September and has continued to trade sideways activity near $19,500. Due to the bullish nature of the technical formation and a drop in the sell pressure from troubled miners, analysts expect a price increase over the next couple of months.Bitcoin/USD price at FTX. Source: TradingViewIndependent analyst @el_crypto_prof noted…
Bitcoin (BTC) may have recovered to $11,700 but miners could soon spark a price plunge, data warns.In an update on Aug. 14, on-chain monitoring resource CryptoQuant identified a spike in mining pool outflows. BTC price: CryptoQuant expects a “little pullback”Aftering remaining stable this month, mining pool outflows have begun to grow, with 802 BTC in aggregated…
VASP expenditures are varying between 20 million to 200 million Hong Kong dollars as firms scramble to find Web3 talent for licensing. According to a June 27 report by local news outlet Foresight News, Web3 firms in Hong Kong are spending anywhere between 20 million to 200 million Hong Kong dollars ($2.55 million to $25.5…
Series funding rounds have sprung back, albeit still remaining well below their all-time highs of $4.5 billion in monthly deals during the previous crypto market cycle.
Brian Armstrong, the CEO of United States cryptocurrency exchange Coinbase, alleges that Apple is stifling innovation in crypto and sidelining DeFi to protect itself from competition.In a Twitter thread published on Sept. 11, Armstrong doubled down on his earlier claims that Apple continues to block some functionalities for cryptocurrency developers. The CEO alleged that other cryptocurrency…
The "Kimchi premium" has flipped to discount again, and could be saying something about crypto market sentiment, at least in South Korea. 409 Total views 5 Total shares Own this piece of history Collect this article as an NFTSouth Korea’s "Kimchi premium" has flipped to a discount again, meaning cryptocurrencies such as Bitcoin are now…
A chess game between grandmaster Sergey Karjakin and Algorand founder Silivio Micali was recorded on the blockchain. 2133 Total views 56 Total shares Algorand founder Silvio Micali played a Blockchain-recorded chess game against grandmaster Sergey Karjakin. This marked a historic moment for the fifteen hundred year old game.Gentlemen are cheating tooThe match, which was the…
