▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io It’s a mixed start to the day for the majors. Failure to revisit early highs would bring support levels into play. For more crypto news and tech analysis, please visit and ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Data collection, aggregation and analysis have become some of the largest profit generators for companies like Facebook and Google who have designed an array of algorithms purposed with harnessing user data in order to better optimize the user interfaces of their applications and their online marketplaces. While collecting the data is the ultimate objective, the events of the past few years have also shown that securing it and ensuring that the privacy of customers and users is protected is imperative. Combining data collection with the ability to securely store it…
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Heavily pumped by Elon Musk’s tweets, Dogecoin may be the first cryptocurrency to literally reach the moon following an aborted launch of a SpaceX ship. The aerospace company attempted to launch its Starship SN10 vehicle today from SpaceX’s facility in Boca Chica, Texas. The final version of the spacecraft will reportedly be capable of reaching the moon after refueling in Earth orbit, but the SN10 was supposed to stay within the atmosphere today for a high-altitude test. Although the Starship’s Raptor engines briefly ignited at approximately 8:15 PM UTC, the spacecraft…
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The creator of the notorious stock-to-flow model (S2F), Plan B has recently detailed that the price of bitcoin has surpassed the S2F model price by 26%. The strong momentum has a number of crypto enthusiasts thinking that bitcoin prices reaching the $100k to $288k range by the year’s end is possible. Price of Bitcoin 26% Higher Than S2F Trajectory Plan B’s stock-to-flow model otherwise known as (S2F or S2FX) is a popular chart that measures the existing number of BTC in circulation (stock) and pairs it against the number of…
On Feb. 20, Ether (ETH) price rallied to a new high at $2,015 and this caused multiple indicators to display signs of excessive optimism. While the excitement could be easily justified by Ether’s year-to-date 176% gain, these warning signs should not be ignored. On of the primary driving factors of the current bullish sentiment is the launch of CME ETH futures and Grayscale Investments ETH Trust reaching $6.3 billion assets under management. The DeFi phenomenon also continues as there is currently more than $21 billion worth of Ether locked in DeFi. Crypto Fear…
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By covering these stories, we are not necessarily claiming Bitcoin, crypto or blockchain “fixes this” (it may well not, given scaling and other challenges). But they disprove the canard that decentralization is “a solution searching for a problem.” As I often say, blockchain may not always be the answer, but it asks the right questions. Source
Bitcoin price is back above $50,000 after a short-lived correction in the range below the key level. However, since the cryptocurrency has reclaimed the halfway point to $100K, open interest has skyrocketed. The sudden sharp increase in open interest has traders cautious currently. Here’s a closer look at why that’s the case and what could happen as a result. Open Interest Climbs Alongside Bitcoin As It Surpasses $50,000 Bitcoin is still reeling from the whale-included selloff at $58,000, that sent the cryptocurrency dropping by 20% in just days. The leading…