Day: May 14, 2024

Analyst Pinpoints $61,500 As Critical Bitcoin Price Level To Monitor

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Amidst the recent decline in Bitcoin’s price and the general cryptocurrency market, popular cryptocurrency analyst and enthusiast Titan of Crypto has highlighted the $61,500 price level as a crucial threshold to watch for the largest cryptocurrency. Titan of Crypto analysis examines the aforementioned level as a pivotal point for Bitcoin that could determine the coin’s next price trajectory. $61,500, A Level To Watch For Bitcoin Today, May 14, BTC witnessed a sharp decline to nearly $61,500, demonstrating little momentum for a price recovery. While many would see this as a…

DeFi Lender Liquity (LQTY) Unveils Protocol Upgrade, New Stablecoin BOLD in White Paper

“LUSD is great for its decentralized capabilities, but it doesn’t have the built-in flexibility to adapt to changing market environments like rising or falling interest rates,” Samrat Lekhak, head of business development and communications at Liquity, said in an interview over Telegram. “In times of positive interest rates, this implies a need for a continuous yield source for the stablecoin, which BOLD provides.” Source

Could This DeFi Gem Be the Next Big Pick? – Blockchain News, Opinion, TV and Jobs

Besides accumulating established cryptocurrencies like Ethereum (ETH), Solana (SOL), and XRP, crypto whales are also known for hunting newer coins like RCO Finance (RCOF). Besides accumulating established cryptocurrencies like Ethereum (ETH), Solana (SOL), and XRP, altcoin whales are also known to hunt for newer coins like RCO Finance (RCOF).  An example is the Friend.tech whale, which recently accumulated over 55,000 newly issued FRIEND tokens before offloading them after the token airdrop launch. Let’s dive into the recent whale activity and explore the potential of RCOF in this dynamic landscape. Crypto…

Newbie Bitcoin Whales Buying 200,000 BTC Per Week, Data Shows

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On-chain data suggests demand for Bitcoin remains significant as newcomer whales in the sector have been scooping up 200,000 BTC every week. Short-Term Holder Bitcoin Whales Have Continued To Accumulate Recently As explained by CryptoQuant author Axel Adler Jr in a post on X, the demand among the short-term holder whales has decreased since the all-time high, although it still continues to remain strong. Related Reading The “short-term holders” (STHs) refer to the Bitcoin investors who have been holding onto their coins since less than 155 days ago. This cohort…

Mt. Gox Set To Inject 142,000 BTC And 143,000 Bitcoin Cash Into The Market- Here’s When

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Tokyo-based Bitcoin exchange, Mt. Gox is preparing to release a substantial amount of Bitcoin (BTC) into the market, signaling the upcoming disbursement of payments to creditors who had been affected by its hack attack in 2011.   Mt. Gox Set To Release 142,000 Bitcoin Into Market Reports from Reddit reveal that the Kraken Bitcoin (BTC) and Bitcoin Cash (BCH) API interface have signaled that Mt. Gox is getting ready to release its substantial cryptocurrency and fiat holdings, which include 142,000 BTC and 143,000 BCH, and 69 billion yen.  Related Reading As…