Decentralized exchange (DEX) running on multiple networks, SushiSwap (SUSHI) currently moves in tandem with the general sentiment in the market. The token approached the $4 price point but started trending to the downside as Bitcoin was rejected above $45,000. Related Reading | How A Whitehat Hacker Saved 109K ETH On SushiSwap-Based Contract As of press time, SushiSwap trades at $3.5 with a 1.5% loss in the last 24-hours. SUSHI moving sideways on the 4-hour chart. Source: SUSHIUSDT Tradingview SUSHI holders could benefit from a long-term bullish trend. Recently, developer 0xMaki…
Day: March 25, 2022
Bitcoin Futures Overheat With $1.5 Billion Jump As BTC Breaks $44k
On-chain data shows Bitcoin futures open interest has jumped up more than $1.5 billion in just a few hours as the crypto’s price breaks past $44k again. Bitcoin Futures Open Interest Adds More Than $1.5 Billion Within A Few Hours As pointed out by an analyst in a CryptoQuant post, the BTC open interest has shot up over the past day as the coin’s price has observed a surge. The “open interest” is an indicator that measures the total amount of Bitcoin futures contracts currently open on all derivatives exchanges.…
BTC, ETH, BNB, XRP, ADA, LUNA, SOL, AVAX, DOT, DOGE
This week Bitcoin (BTC) and select altcoins broke above their immediate resistance levels and moved higher, which propelled the total crypto market capitalization above $2 trillion on March 24. One of the triggers that could have driven crypto prices higher was BlackRock CEO Larry Fink’s letter to shareholders where he said that the Russia-Ukraine conflict has opened up avenues for digital currencies to be used as a mode of settlement for international transactions. Another bit of news that may have aided the up-move in crypto prices was that Goldman Sachs…
Price analysis 3/25: BTC, ETH, BNB, XRP, ADA, LUNA, SOL, AVAX, DOT, DOGE
BTC and most major altcoins could witness a minor dip to retest lower support levels, but the overall trajectory appears to now favor bulls. This week Bitcoin (BTC) and select altcoins broke above their immediate resistance levels and moved higher, which propelled the total crypto market capitalization above $2 trillion on March 24. One of the triggers that could have driven crypto prices higher was BlackRock CEO Larry Fink’s letter to shareholders where he said that the Russia-Ukraine conflict has opened up avenues for digital currencies to be used as…
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History That We Can Trust
There, I encountered all sorts of random items: trading tips, motor vehicles for sale, statements about the oil pipeline protests at Standing Rock, the occasional conspiracy theory, and a message that read, “In loving memory of Georges Fraipoints (16/01/1946-19/02/2017). Awesome man, father and friend. We will miss you.” Source
EU Lawmakers to Vote on Blocking Anonymous Crypto Payments, Documents Show
The European Parliament also wants to curb payments to tax havens and check people’s identity even for payments between unhosted wallets, internal papers reveal. Source
Bitcoin Faces Initial Resistance at $46K; Support at $42K
On the weekly chart, BTC established a higher price low relative to the June 2021 bottom of around $28,800. The latest cycle low was achieved this year on Jan. 24 at $33,100, indicating renewed buying strength. Further, momentum signals are on the verge of turning positive, which could support a short-term relief rally. Original
Number of Addresses Holding BTC Taps 40 Million, Non-Zero Bitcoin Address Metric Grew 92% Since 2018 – Bitcoin News
While bitcoin has risen in value in recent times, jumping 8% during the last seven days, statistics show that the number of addresses holding bitcoin has surpassed 40 million addresses. Metrics from the analytics web portal intotheblock.com show addresses that hold any fraction of bitcoin tapped a 30-day high on March 24, reaching 40.25 million addresses. Addresses That Hold a Small Fraction of Bitcoin or More Swelled Past 40 Million Non-zero bitcoin (BTC) addresses or accounts that hold at least a single satoshi of BTC has grown at a parabolic…
4 Reasons Why Bitcoiners Should Pass on El Salvador’s Bitcoin Bond
For crypto to compete with traditional finance and break into the sovereign bond market, the first debt issuance by a nation-state on the blockchain needs to succeed. If the volcano bond fails, it will be ridiculed and make it difficult, if not impossible, for other countries to attempt something similar. Original