Category: Cryptocurrency

Sep 19
Terra co-founder Do Kwon says he’s not ‘on the run’

Kwon didn’t reveal his whereabouts in a series of Tweets responding to claims he fled Singapore after an arrest warrant was issued on Wednesday. 508 Total views 38 Total shares Do Kwon, the co-founder of the Terra ecosystem, took to Twitter on Saturday asserting he’s “not ‘on the run’ or anything similar” after the Singapore […]

Sep 18
Bitcoin better than physical property for commoners, says Michael Saylor

Saylor underscored the high maintenance costs and taxes linked with owning and inheriting physical property over the long term, which in the case of Bitcoin, does not exist. 10550 Total views 181 Total shares MicroStrategy CEO and Bitcoin (BTC) advocate Michael Saylor doubled down on his support for Bitcoin as he explained the issues related […]

Sep 18
Golden cross vs. death cross explained

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Sep 18
Tired of losing money? Here are 2 reasons why retail investors always lose

A quick flick through Twitter, any social media investing club, or investing-themed Reddit will quickly allow one to find handfuls of traders who have vastly excelled throughout a month, semester, or even a year. Believe it or not, most successful traders cherry-pick periods or use different accounts simultaneously to ensure there’s always a winning position […]

Sep 18
South Korean ministry recommends enactment of special Metaverse laws

The MSIT identified that imposing older regulations serve as a deterrent to the growth of new ecosystems. 1209 Total views 36 Total shares The Ministry of Science and ICT (MSIT) of South Korea revealed plans to move away from imposing traditional video gaming laws on the Metaverse. Instead, the ministry decided to issue new guidelines […]

Sep 18
Flashbots build over 82% relay blocks, adding to Ethereum centralization

BitMEX, too, highlighted the need for a complete redevelopment of Flashbots or a similar system to mitigate unforeseen complications in an era after the Merge. 1159 Total views 22 Total shares Following the completion of The Merge upgrade, Ethereum (ETH) transitioned into a proof-of-stake (PoS) consensus mechanism, helping the blockchain become energy efficient and secure. […]

Sep 17
Price analysis 9/16: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT

The World Bank has warned of a possible global recession in 2023. In a press release on Sept. 15, the bank said that the current pace of rate hikes and policy decisions is unlikely to be enough to bring inflation down to pre-pandemic levels. Ray Dalio, the billionaire founder of Bridgewater Associates said in a blog […]

Sep 17
Data challenges the DXY correlation to Bitcoin rallies and corrections ‘thesis’

Presently, there seems to be a general assumption that when the U.S. dollar value increases against other global major currencies, as measured by the DXY index, the impact on Bitcoin (BTC) is negative. Traders and influencers have been issuing alerts about this inverse correlation, and how the eventual reversal of the movement would likely push […]

Sep 17
What’s next for Bitcoin and the crypto market now that the Ethereum Merge is over?

The Ethereum Merge came and went, leaving investors to ponder what the next trending development in the market could look like. In a Cointelegraph Twitter Space with Capriole Fund founder Charles Edwards, the analyst mentioned that excitement over the Ethereum Merge and its bullish price action had somewhat been holding up hope across the market. […]

Sep 16
Bitcoin price threatens $19.6K as Ray Dalio predicts 30% stocks crash

The aftermath of the Ethereum Merge gives no respite to crypto bulls, who face continued market pressure as stocks also trend down. 7509 Total views 51 Total shares Bitcoin (BTC) attempted to violate local lows on Sep. 16 as the latest cross-crypto downtrend intensified. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView No relief for BTC […]