GameStop’s NFT Marketplace Opening Week Sales Eclipses CoinBase Volume

CryptoX – Cryptocurrency Analysis and News Portal Of that early success, sales volume of 1,200 ETH (around $1.7 million) has been from the project MetaBoy, the marketplace’s top collection since the launch. On its opening day, the marketplace had trading volume of 1,831 ETH (around $2.7 million), with daily sales steadily declining since then. Original Source The post GameStop’s NFT Marketplace Opening Week Sales Eclipses CoinBase Volume appeared first on CryptoX. CryptoX Portal

Why Weekly RSI Could Suggest The Bitcoin Bottom Is In

Bitcoin price is currently trading at around $23,500 at the time of this writing, up over 30% from lows and 10% for the week. The recovery has brought the weekly RSI out of oversold territory after reaching historical levels. Here is why the setup could be the buy signal bulls have been waiting for, and how the Relative Strength Index currently resembles the last bear market bottom. Weekly Bitcoin RSI Recovers From Historical Oversold Conditions In technical analysis, sometimes less is more. Traders commonly fill a chart with lines or…

Bitcoin Mining with Used Solar Panels | Vlog style DIY

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Disclaimer: DO NOT do any of what you see in this video! It is for entertainment purposes only. I have wanted solar panels for almost half my life. Who wouldn’t want free electricity? Now with todays used panels selling for a fraction of what they cost new and getting a fantastic deal on S9 miners, I can build the starter mining system of my dreams! I hope you enjoy the content and let me know what you think in the comments 🙂…

Bitcoin price moves toward $24K and traders expect further upside, after a support retest

Crypto fans are rejoicing at the sight of green across the market on July 19 as the months of “down only” price action has finally come to an end after the market flashed its first substantial relief rally in at least a month.  Data from Cointelegraph Markets Pro and TradingView shows that much of the newfound excitement is the result of Bitcoin (BTC) breaking above resistance at $23,000 to hit a daily high of $23,447, its first meaningful move above the 200-week moving average. BTC/USDT 1-day chart. Source: TradingView While…

Bitcoin Whale Exchange Inflows Still At Highest Ever Level, Will Recovery To $22k Be Lost?

On-chain data shows Bitcoin whale inflows to exchanges have remained at highest ever levels recently, suggesting that the latest recovery above $22k may not last too long. Bitcoin Top 10 Exchange Inflows Have Been Elevated In Recent Days As pointed out by an analyst in a CryptoQuant post, the current whale deposits to exchanges are at their highest value in the history of the crypto. The “all exchanges inflow” is an indicator that measures the total amount of Bitcoin currently entering into wallets of all centralized exchanges. The sum of…

Stake in Crypto Exchange Deribit Becomes Disputed Asset in Three Arrows Bankruptcy

“Genesis is aware that Three Arrows directly or indirectly owns the Deribit shares and the StarkWare shares, which could be sold to pay part of an eventual award against Three Arrows, but in light of Three Arrows’ conduct it is likely that Three Arrows will seek to dissipate such shares without legal intervention,” a lawyer for Genesis Asia Pacific wrote in one of the documents. Source

FTX’s Bankman-Fried Says It’s Worth Losing Money to Prop Up Crypto Industry

While FTX has extended millions of dollars to those companies, that hasn’t necessarily succeeded in bailing them out. BlockFi negotiated a deal where FTX could buy the company outright, and Voyager filed for bankruptcy earlier this month. When the Voyager deal came up during a panel discussion, Bankman-Fried laughed and shrugged off the dollars that may have been “incinerated.” Source

SEC Enforcement Head Asks Congress for More Resources to Tackle Crypto Issues

In May, the SEC nearly doubled the size of its Crypto Assets and Cyber Unit to 50 employees, adding 20 new positions including attorneys, investigators and fraud analysts to its Washington, D.C., headquarters. But as the agency continues to ramp up its efforts to police the crypto industry – and the industry is hit with a wave of high-profile bankruptcies – Grewal says he needs more staff. Source

Marathon Secures 254 Megawatts to Bolster Company’s 2023 Bitcoin Mining Goals – Mining Bitcoin News

The bitcoin mining operation Marathon has announced the company has secured 254 megawatts of new hosting deals with the option to increase to 324 megawatts (MW). Marathon’s latest expansion deals should support the bitcoin mining firm’s intended goal of securing approximately 23.3 exahash per second (EH/s). Marathon Secures 254 MW of Bitcoin Mining Capacity — Firm Aims to Have 23.3 EH/S by 2023 The publicly-listed bitcoin miner Marathon (Nasdaq: MARA) has obtained 254 MW of hosting arrangements, with the option to increase to 324 MW, from a few different hosting…