Day: October 5, 2021

Web 3 Is Where the Young People Are

Centralization is a single point of failure. That was clearly on display yesterday when Facebook’s entire operation – from its subsidiaries Instagram and Whatsapp to its physical plant – went down for over five hours. The technical malfunction, stemming from a routing issue in the deep levels of the internet, served as a reminder for how integrated the web has become in “nearly every facet of existence,” New York Times reporter Raymond Zhong wrote. There were disruptions to retailers, newsmakers, medical providers and even religious services the world over. This…

Whales Moving Coins Hints At Bitcoin Maturity As Macro Asset

Data shows large transactions are rising in dominance as whales are moving their coins. This hints at Bitcoin’s increased maturation as a macro asset. Large Transactions Are On The Rise On The Bitcoin Network According to the latest weekly report from Glassnode, large transactions are becoming increasingly dominant on the BTC network, hinting that whales and institutional investors are showing rising interest in the crypto. The relevant indicator here is the total transfer volume breakdown by size (7-day moving average). This metric classifies the total transactions happening on the network…

Robinhood Becomes First Platform to Offer 24/7 Crypto Phone Support — CoinDesk

CryptoX is a multi-platform publisher of news and information. CryptoXtrade has earned a reputation as the leading provider of cryptocurrency news and cryptomarket analysis, bitcoin and other cryptocurrencies, blockchain technology, finance and investments. CryptoXtrade have become a known leader in the cryptocurrency information market. We work only with trusted information sources providing latest financial and technological innovations that improves the quality of life of CryptoX readers by focusing on Cryptocurrency and Blockchain. CryptoX Portal

NFT Market Too Frothy? Now You Can Short It — CoinDesk

“Every healthy financial market needs a way for participants to take both sides of the market, and NFTs are no exception,” said Rachel Lin, CEO and co-founder of SynFutures. “By providing a way for users to take long or short positions in NFTs, we’re enabling more robust trading strategies that allow users to maximize profit opportunities while hedging risk and exposure.” Source

Bitcoin price is back at $50K, but exactly how ‘bullish’ are the bulls?

Cryptocurrency markets rallied 12.5% over the past seven days to reach a $2.44 trillion market capitalization. However, that move doesn’t seem to be inspiring confidence because the same level was tested 16 days ago when a 27% retrace followed ether’s (ETH) attempt to break $3,650 over the next six days.  Regulation seems to be a key concerning factor for buyers as the U.S. House of Representatives is expected to vote on the $1 trillion infrastructure bill this month. In addition to defining who qualifies as a broker, the legislation would…

7 Crypto Billionaires Make Forbes 2021 List of Richest Americans — CoinDesk

The group of crypto billionaires on this year’s list is worth a combined $55 billion, and features three of its youngest members. The 29-year-old Bankman-Fried, worth an estimated $22.5 billion, is the richest billionaire under 30 since Mark Zuckerberg, according to Forbes, while Coinbase co-founders Brian Armstrong (38) and Fred Ehrsam (33) are also part of the group of 15 members under 40 to make the list. Source

Dogecoin Latest Price Prediction | Urgent update For Dogecoin | Best Cryptocurrency |Doge coin price

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Dogecoin Latest Price Prediction | Urgent update For Dogecoin | Dogecoin Ready To EXPLODE | Best Cryptocurrency | Doge coin price down | cryptocurrency market crash dogecoin latest news today, DOGECOIN PUMP ALERT, | Best Bitcoin Alternatives , Top Altcoins to Buy , Best Crypto Coins to Invest now, HBAR Coin Price Prediction Today Dogecoin Price Prediction Today Best Crypto Altcoin To Buy In 2021 Best Crypto Coin To Invest in 2021 Best Crypto Coin to invest today Best crypto coin to…

Last Resistance Before Ethereum At $5K? Expert Predicts

The bulls have taken over the crypto market with Bitcoin and Ethereum recording gains across the board. A year ago, the price action that preceded the end of the year took the market into new highs. The expectations are similar, but experts are yet to find a consensus. At the time of writing, Ethereum (ETH) trades at $3,466 with a 2.5% profit in the 24-hour chart. ETH on a rally in the daily chart. Source: ETHUSD Tradingview In his most recent report for Bloomberg Intelligence, Senior Commodity Strategist Mike McGlone…

Edward Snowden Says Bitcoin Up 10x Since He Tweeted About Buying It, China’s Ban Makes BTC Stronger – Markets and Prices Bitcoin News

Privacy activist and whistleblower Edward Snowden says that bitcoin is up about 10 times since he tweeted about buying it. Bitcoin is stronger “despite a coordinated global campaign by governments to undermine public understanding of — and support for — cryptocurrency,” he said. Edward Snowden Says Bitcoin Stronger Despite Governments’ Anti-Crypto Campaign Former computer intelligence consultant for the National Security Agency (NSA) and contractor for the Central Intelligence Agency (CIA), Edward Snowden, tweeted about bitcoin Sunday. It references another tweet he made last year that reads, “This is the first…

Traders pile into altcoins after Bitcoin bulls take hold of $50K

Bitcoin is back above $50,000 and bulls are currently attempting to secure a daily close above the oft disputed level.  The strength seen in BTC has also helped kickstart momentum in the altcoins and at the time of writing, several tokens are seeing gains in excess of 20%. Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Linear (LINA), Secret (SCRT) and Presearch (PRE). LINA moves closer to launching…