Category: Cryptocurrency
Global financial markets and crypto markets were pummeled over the past 24-hours as the invasion of Ukraine by Russian forces sent investors scrambling and sell-offs took place across most asset classes. Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin (BTC) hit a low of $34,333 in the early trading hours […]
In 2018, the two main ways video game players could earn a living were through e-sports and live streaming — or perhaps a successful YouTube channel. But, thanks to the rise of blockchain technology, the financial aspect has never been more interwoven with the gaming industry. While most users are acquainted with one or two […]
Bitcoin (BTC) fell to $34,300 overnight on Feb. 24 as geopolitical tensions in Europe boiled over. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Arguments both ways” for BTC price outlook News that Russia had launched a “special military operation” in Ukraine sent BTC/USD tumbling along with traditional markets, data from Cointelegraph Markets Pro and TradingView […]
Market analysis suggests that for Bitcoin to start knocking on the door of a sub $30,000 price, sellers would “need to panic out to a large degree.” 4382 Total views 48 Total shares Order books, essentially the list of orders that a trading outlet implements to show the interest of buyers and sellers, show considerable […]
In the event of harsh Western sanctions as Russian forces invade Ukraine, retail customers could risk losing their savings. Russians’ savings could be confiscated in response to sanctions against the country, according to Nikolai Arefiev, a member of the country’s Communist Party and vice-chairman of the Duma’s committee on economic policy. The Russian government can […]
Bitcoin’s correlation with the U.S. equity market could be one reason for its current decline, but Eastern European money destabilization could push BTC as a “crisis” hedge. 2829 Total views 73 Total shares The world woke up to a “sea of red” that was not necessarily limited to the financial markets, as Russia declared war […]
NFTs have increased their lead over stablecoins and ERC-20 tokens in transfers on the Ethereum network since last July, while WBTC minted on chain has leveled off this month. 1418 Total views 35 Total shares Transfers of nonfungible tokens (NFT) on Ethereum have surpassed transfers of stablecoins and altcoins while the supply of wrapped Bitcoin […]
“Often the crowd unanimously call the dip/bottom earlier than the actual dip and the real bottoms forms when the crowd least expects which is represented by low to no mentions in Buy The Dip,” K J Lanaul wrote. 3461 Total views 6 Total shares Short term social media data suggests that traders aren’t calling for […]
The Russian army has begun a military operation in Ukraine as missile explosions have been heard surrounding several areas, including the capital of Kiev. Markets have dropped in response. 905 Total views 3 Total shares Global crypto and stock markets plunged after Russian President Vladimir Putin announced on a national broadcast that his army would […]
More businesses are expressing interest in accepting cryptocurrency payments and holding digital assets in their strategic reserves. 2122 Total views 43 Total shares USD Coin (USDC) operator Circle has launched a new account service aimed at helping businesses transact in cryptocurrencies — potentially opening the door to wider mainstream adoption of digital assets. The new […]