Wrapped Bitcoin flash crashes to $5K on Binance exchange
Wrapped Bitcoin was launched in 2019 to give Bitcoin investors an option to use the asset in decentralized finance applications.
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$17K CME gap-fill looms after Bitcoin price closes below key moving average
After spending the last few days trading in a tightening range, Bitcoin (BTC) price dropped from its pennant structure and closed below the 20-day moving average ($18,600). Crypto market daily price chart. Source: Coin360Since topping out at $19,888 a number of analysts cautioned that Bitcoin price was at risk of a strong pullback if it failed…
Education and aesthetics: Bringing more women into the Metaverse
Interest in the Metaverse is growing rapidly and fashion brands across the globe are taking note. A new report from the technology research and advisory firm Technavio found that the Metaverse will hit a market value of $50.37 billion by 2026. Findings from Technavio further show that the Metaverse in fashion market share is expected…
Bitcoin price drops to $23K in minutes despite huge new Grayscale buy-in
Grayscale adds 50% of miners' monthly block reward tally in a single day but price action stays decidedly weak. 3163 Total views 11 Total shares Bitcoin (BTC) fell by almost $1,000 in under an hour on Dec. 23 as spot markets refused to buy fresh good news from institutional investors.Cryptocurrency market overview from Coin360.BTC price…
The Chainsmokers Back Blockchain-Based Ticketing Platform Yellowheart
American EDM-pop duo The Chainsmokers are backing a new blockchain-based ticketing platform.Platform allows artists to control the secondary ticketing marketAlongside their manager Adam Alpert, the 2017 Grammy Award winners invested in YellowHeart, a decentralized ticketing platform designed to facilitate transparent ticketing sales by artists, music industry publication Music Business Worldwide reports on Oct. 21.Founded by…
Decentralized Lending Protocol bZx Hacked Twice in a Matter of Days
Decentralized finance (DeFi) proponents are taking a hard hit after decentralized lending protocol bZx saw two successful hacks just days apart with losses totalling around $954,000.According to bZx’s report, the protocol was compromised for the first time on Feb. 14, when the team was at the ETHDenver industry event. The second attack, according to industry…
MATIC, HBAR, LDO and BIT gather strength as Bitcoin price rebounds
Bitcoin (BTC) price is trying to recover over the weekend but the current bounce lacks conviction. This suggests that dip buyers are nervous to load up before the release of January’s consumer price index data on Feb. 14 as that could boost short-term volatility. Although the near term is uncertain, analysts at Delphi Digital expect the…
UK government moves forward on bill aimed at empowering authorities to seize crypto
Following a third reading in the House of Lords, the Economic Crime and Corporate Transparency Bill will return to lawmakers to consider changes before being signed into law. Lawmakers in the upper house of the Parliament of the United Kingdom are moving forward with legislation aimed at expanding authorities’ ability to target cryptocurrencies used for…
Developers Release Validator Launchpad for Ethereum 2.0 Final Testnet
Developers released the validator launchpad for ETH 2.0 on July 27, allowing users to participate in the testnet’s Proof-of-Stake. 1438 Total views 10 Total shares With the Ethereum 2.0 final testnet set to be released on August 4, developers have now opened the doors to validators.According to a July 27 Ethereum blog, the research team…