Bitcoin (BTC) barely held $27,000 on April 22 as another round of losses left bulls with little firepower. Giant RSI support retest greets Bitcoin bulls Data from Cointelegraph Markets Pro and TradingView showed BTC/USD just preserving the $27,000 mark on the day after the Wall Street trading week ended on a sour note. In contrast
Bitcoin
Following the transfer of $60 million worth of bitcoins on April 19, after more than nine years of dormancy, another whale has made its move. The whale, who acquired 1,129 bitcoins in 2012 and 2013, has transferred 464 bitcoins worth $13 million for the first time in nine years. 464 Bitcoin Move From an Old
A pair of computer science researchers recently published pre-print research indicating that the nascent cryptocurrency market is beginning to show a level of maturity similar to the traditional equities market. Dubbed “Collective dynamics, diversification and optimal portfolio construction for cryptocurrencies,” the paper was written by Dr. Nick James, a fellow at the University of Melbourne’s
Prices of gold, and other precious metals, fell on Wednesday due to stronger U.S. yields and national currency. The decline comes on the backdrop of expectations of new interest rate increases next month amid persistent inflation in the United States and elsewhere. Gold and Silver Slip as Investors Bet on Another Rate Hike in May
Episode 9 of Cointelegraph’s Crypto Trading Secrets podcast is now live. In the episode, host Benjamin Pirus chats with Cheds, aka @BigCheds on Twitter. A trader, analyst and author, Cheds fielded an array of questions during the April 6 episode recording, including his opinion on whether Bitcoin’s (BTC) price will ever become less volatile during
press release PRESS RELEASE. SAITECH Limited (SAI for short), a clean energy and computing operator based in Singapore, saw a surge in its stock price last Friday. The highest increase in SAI’s stock price on that day was $7.4, a 387% rise from the previous day’s price. The closing price of the stock was $4.9,
Digital art auction house Sotheby’s has altered its latest art sale significantly after receiving community feedback regarding a lack of diversity, meanwhile a novice player in Illivium: Beyond has made a staggering profit of 140,525% by finding the most elusive character in the game yet. Sotheby’s reboot Glitch Digital Art Sale after addressing diversity concerns
Following the Shapella hard fork on April 12, 2023, approximately 332,368 ether, valued at around $699 million, has been withdrawn. Despite these withdrawals, liquid staking protocols like Lido, Rocketpool, and others have experienced an increase in ether deposits over the last 30 days. Since March 14, a total of 281,498 ether worth $592 million have
The show Macro Markets, hosted by crypto analyst Marcel Pechman, which airs every Friday on the Cointelegraph Markets & Research YouTube channel, explains complex concepts in layman’s terms and focuses on the cause and effect of traditional financial events on the day-to-day crypto activity. The International Monetary Fund (IMF) and the United States Federal Reserve
On Wednesday, April 12, 2023, at 6:30 p.m. Eastern Time, Ethereum’s Shapella upgrade was successfully implemented, enabling validators to withdraw staked ether. Data reveals that more than 860,000 ether is poised for unlocking, and 77,000 ether is expected to be withdrawn on Thursday. Ether’s price has experienced a surge, rising 6% against the U.S. dollar
Warren Buffett once again took up his familiar role as conductor of the FUD train in yet another anti-cryptocurrency interview with CNBC’s Squawk Box on April 12. “We’ve had an explosion of gambling,” the magnate told CNBC by way of describing the cryptocurrency market. He then added “I like to bet on a football game
press release PRESS RELEASE. BingX, the Singapore-based crypto exchange, is pleased to announce the launch of a new category to optimise its trading system for the Shanghai Ethereum upgrade. This move is aimed at helping traders looking to make a profit during the Ethereum upgrade that is expected to arrive on April 13th. The Shanghai
South Korean crypto exchange GDAC has been hacked for approximately $13.9 million worth of crypto. The exchange has halted all deposits and withdrawals and is performing emergency server maintenance in response to the attack, according to an April 10 announcement from GDAC CEO Han Seunghwan. Notice on #GDAC Exchange Hack Alert⚠️ GDAC Exchange has officially
The banking industry in the United States is still struggling after the collapse of three major banks. According to statistics, bank lending in the U.S. has dropped by close to $105 billion in the last two weeks of March, which is the largest decline on record. Additionally, Elon Musk, a Tesla executive and owner of
Bitcoin (BTC) reduced its narrow trading range even further into April 8 as risk assets waited for fresh catalysts. Hopes for BTC price “impulse” to follow sideways action Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near $28,000 on Bitstamp. The pair continued sideways behavior into the weekend after the Wall Street trading
Dogecoin was once again in the red on Friday, as Twitter finally removed the doge icon as its logo. The meme coin raced to a four-month high earlier in the week, after the social media giant unexpectedly added a cartoon image of doge on its website. Overall, crypto markets were mostly lower, with xrp a
Blockchain exploits can be extremely costly; with poorly designed smart contracts, decentralized apps and bridges are attacked time and time again. For example, the Ronin Network experienced a $625-million breach in March 2022 when a hacker was able to steal private keys to generate fake withdrawals and transferred hundreds of millions out. The Nomad Bridge
Xrp rose for a second consecutive session on Wednesday, as the token continued to move away from a recent price floor. Since hitting an eleven-month high a week ago, the token has mostly consolidated. Avalanche was also in the green, as prices hit a one-week high. XRP, formerly ripple, was a notable gainer in today’s
The latest banking crisis could lead to “the first-ever extended duration bull market” for Bitcoin (BTC), according to Swan Bitcoin CEO Cory Klippsten. In an interview with Cointelegraph, Klippsten pointed out that far more people today know about Bitcoin as a tool to opt out of the traditional financial system than during the previous banking
Bitcoin (BTC) starts a new week in volatile territory, with news of an oil supply cut delivering a choppy start. Still caught at major historical resistance, BTC/USD delivered an unappetizing weekly close on news of oil production cuts. A subsequent rebound may show bulls’ mettle, but the question for analysts is what happens next. Will
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