Month: June 2022

BTC price recovers to 3-day highs as new whale support forms at $19.2K

Bitcoin (BTC) held steady at the June 20 Wall Street open as nervous traders waited for a short-term trend decision. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader flags Bitcoin “macro bottoming period” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing to just shy of $21,000 at the time of writing, a three-day high. The weekend had spooked the majority of the market and liquidated speculators with a trip to $17,600, marking Bitcoin’s lowest levels since November 2020. Now, with United States equities cool at the start of…

How to identify toxic NFT gaming projects

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Over the last couple of years, games using blockchain technology have been actively developing and attracting new players, and the decentralized games market — broadly referred to as GameFi — has gained great popularity.  The GameFi industry started back in 2013, and since then, the sphere has been slowly developing, but in 2021 the popularity of decentralized games exploded along with the boom in nonfungible tokens (NFT). According to the DappRadar analytical service, the total value of one of the most popular blockchain-based games, Axie Infinity, exceeds $550 million. But…

Synthetix (SNX) Price, Monday’s Biggest Gainer, Balloons By 100%

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After plunging below $18,000 over the weekend to trade at a price of SNX, the native token of Synthetix decentralized finance (DeFi) platform, has gained more than 100% to usher in the week. SNX has proven to be the stock with the biggest rise on Monday. The token’s 24-hour trading volume has increased by more than 1,200% to $322 million, according to data from CoinMarketCap. This indicates that investors are pouring money into the token despite its poor performance last week, as it has been put up for bid. Additionally,…

Why Bitcoin Could Take Another Bite At $17K

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Bitcoin is back above $20,000 after seeing some relief during the weekend. The number one crypto by market cap dropped below its 2017 all-time high as selling pressure increased driven by the current macro-economic environment. Related Reading | Bitcoin Derivatives Exchange Reserve Surges Up As BTC Continues To Plunge At the time of writing, Bitcoin (BTC) trades at $20,500 with a 6% profit in the last 24 hours. The last seven days record a different story with a 24% loss. BTC sees relief on the 4-hour chart. Source: BTCUSD Tradingview Former…

Michael Saylor – "The SHOCKING TRUTH Behind ETHEREUM You MUST Know…" | Bitcoin News | Crypto

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Michael Saylor -“The SHOCKING TRUTH Behind ETHEREUM You MUST know…” | Bitcoin News | Crypto Currencies ($) Michael Saylor is an American entrepreneur and the CEO of Microstrategy. He is one of the most well-known figures in the Bitcoin community, and in the news today. He knows everything there is to know about the current cycle, and selling Bitcoin. In the latest Bitcoin news, Saylor will give his update today. He’ll go over in this latest interview why he thinks Bitcoin is…

Celsius Network Pauses AMAs, With Customers Left in the Dark Over Withdrawals

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…

Celsius Network Pauses AMAs With Customers Left in the Dark Over Withdrawals

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…

ParaSwap Launches Peer-to-Peer NFT Trading App

“ParaSwap first started in the middle of the bear market in summer 2019, so for us, we’re always shooting features regardless of market conditions,” Mounir Benchemled, founder of ParaSwap, told CoinDesk in an interview. “There is nothing like this product in terms of the privacy it offers in the NFT space.” Source