Web3 adoption’s main issue: Seed phrases won’t work for 95% of mainstream users
Crypto wallets with easier sign-in options and recoverable passwords could become the industry standard in the future.
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Dogecoin trader explains why shorting DOGE now makes sense
Dogecoin (DOGE) has surged nearly 100% quarter-to-date (QTD) on hopes that Elon Musk would integrate the token onto the Twitter platform. However, DOGE's potential to continue its uptrend in the coming weeks is low, one popular market analyst argues.Short Dogecoin hard?Independent market analyst GCR said he is moderately short on DOGE based on its price's…
$60K is now more likely for Bitcoin than $20K, Bloomberg’s senior strategist asserts
Bitcoin (BTC) has better probability of recovering back to $60,000 than to break below its current support level of $30,000 and target $20,000, believes Mike McGlone, senior commodity strategist at Bloomberg Intelligence.A screenshot from McGlone's latest analysis on the flagship cryptocurrency, first shared by Bloomberg's senior ETF analyst, Eric Balchunas, shows him comparing Bitcoin's ongoing price…
Voyager customers could recover 72% of frozen crypto under FTX deal
The plan is tentative at this stage and won’t be finalized until it receives approval from Voyager’s creditors and the bankruptcy payout plan is approved by the judge. 337 Total views 4 Total shares Customers of bankrupt crypto lender Voyager Digital may be able to recover 72% of the value of their accounts under a…
ShapeShift creates FOX Foundation as intermediary for successful DAO transition
The entity will be dissolved upon the completion of ShapeShift’s decentralization process. 151 Total views 10 Total shares On Wednesday, ShapeShift — a Swiss decentralized autonomous organization (DAO) hosting a cryptocurrency trading ecosystem — announced that its centralized corporate brand, ShapeShift AG, has formed the FOX Foundation. The nonprofit organization's stated purpose is to oversee…
4 signs Bitcoin is starting its next bull run
As the chances of a Bitcoin exchange-traded fund (ETF) being approved rise, six-figure BTC price predictions are also becoming increasingly common, particularly now that the April 2024 halving is less than 180 days away.BTC price historical patterns, halvingBitcoin’s (BTC) price trends often exhibit cyclical behavior. Analysts have drawn parallels between the current price trajectory and
Ethereum futures premium hits a 7-month low as ETH tests the $2,400 support
ETH price dropped 30% in two weeks, and derivatives data shows pro traders are bearish even with Feb. 25’s rally back toward $2,800. 275 Total views 19 Total shares Ether (ETH) reached a $3,280 local high on Feb. 10, marking a 51.5% recovery from the $2,160 cycle low on Jan. 24. That price was the…
Price Analysis 25/09: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, LEO
The total cryptocurrency market capitalization had repeatedly taken support close to the $250 billion mark since mid-July of this year. However, the recent collapse in crypto markets led by Bitcoin (BTC) has broken the support and market capitalization has dipped to just under $220 billion. It is difficult to pinpoint the exact reason that started the…
Is Germany selling its BTC? Arkham-tagged wallet sparks curiosity
The German government-labeled wallet held 50,000 BTC since February and moved out 6,500 BTC on June 19.