BTC is attempting to form a bottom while LINK, HNT, FLOW and ONE are showing early signs of accumulation. Bitcoin’s (BTC) relief rally rose above $38,500 on Jan. 29, but the bulls are struggling to sustain the higher levels. For the past few days, Bitcoin’s sentiment has closely followed the U.S. equity markets. Hence, analysts warned traders to be careful and not to read much into any possible weekend rallies when traditional markets are closed because it could be a trap. However, analysts at trading suite Decentrader said in a…
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Flow Climbs Close to 30% to Enter Top 50 – Market Updates Bitcoin News
Flow is trading almost 30% higher on Saturday, as the majority of the crypto top 100 are in the green. Today’s move sees flow also enter the top 50 cryptocurrencies by market cap. Biggest Gainers Following a bearish end to the working week, cryptocurrency markets are green across the board to start the weekend. Notable gainers included solana, which is up over 10%, whilst SAND is also trading higher, and is up almost 15% as of writing. However, the clear bull of the day is FLOW, which as of writing…
Tori Zero NFT Project Launched a Joint Cooperation With BWL, the World’s Top Trendy Silver Jewelry Brand – Press release Bitcoin News
press release PRESS RELEASE. The Tori Zero NFT project announced a joint cooperation with the trendy silver jewelry brand BWL. BWL founder Bill Wall will be the first celebrity to join the REDLAB Metaverse KOL program and will be giving away 30 pieces of customized hand-crafted BWL silver pendants to the Tori Zero community as gifts. Tori Zero is a NFT project of 10,000 virtual fashion-style 3D female robot characters created by the British team REDLAB. All Tori Zero characters are bound by 3D skeletons. In addition to creating trendy…
No blow-off top? Bitcoin hodler metric points to ‘depressed’ BTC price
Bitcoin (BTC) investors are famous for their ability to “hodl” through price dips, but new data sheds light on how long they may be prepared to continue. In a tweet on Jan. 16, on-chain analytics firm Glassnode noted that holder behavior currently mimics how Bitcoin behaves during the least extreme part of its price cycles. Reserve Risk: Bitcoin price ‘depressed,’ hodlers hodl on Referring to its Reserve Risk (“R-Risk”) metric, Glassnode argued that current buying and selling trends are not those of a macro top or bottom. “Low values of…
New York Senate Confirms New Top Financial Regulator
“I am honored to serve as the Superintendent of the Department of Financial Services. As the first African American woman to lead DFS, I am personally committed to working with all stakeholders to build a robust, fair and sustainable financial system, creating a better economic future for all New Yorkers,” she said. Source
This Is How Cardax Is Set To Become A Top DEX On The Cardano Ecosystem
Cardano and its ecosystem have been implementing major improvements since Q4, 2020, and across 2021. Its users, stake pool delegators, and the company behind its development Input-Output Global (IOG), under the leadership of Charles Hoskinson, have been particularly focused on expanding Cardano’s smart contract capabilities. Thus, the successful implementation of three Hard Fork Combinator (HFC) events, dubbed “Allegra”, “Mary”, and “Alonzo” have opened an endless field of possibilities for Cardano. Cardax, a decentralized exchange and automated market maker (AMM), built for this network is one of the many projects seeking…
The Ethereum Foundation Sold At The Top Again. Did They Know Something We Didn’t?
Apparently, there are incredible traders in the Ethereum Foundation. Once again, they managed to cash out at the very top. On November 16th, ETH was worth an all-time high of $4891. On the very next day, the Ethereum Foundation sent 20,000 ETH to Kraken and sold them. Is this suspicious at all? Not per se, but this is the second time that they pull the same magic move. Related Reading | Why The Ethereum Foundation Launched A Client Incentive Program A professional trader that goes by the name Edward Morra…
US Still Dominates Bitcoin Mining Sector, 30-Day Stats Show Foundry USA Takes Top Pool Position – Mining Bitcoin News
Since the Cambridge Bitcoin Electricity Consumption Index (CBECI) project updated its mining map in mid-July, the United States has continued to dominate in terms of the amount of hashpower worldwide. Moreover, data shows that Foundry USA has managed to command the top pool position with 755 bitcoin block rewards mined during the last 30 days. The United States Commands a Large Concentration of Bitcoin Miners, 66 Exahash Recorded in the US on January 24 According to chainbulletin.com’s mining map, there is a large concentration of the Bitcoin network’s hashrate located…
Top Meme Coins by Market Capitalization Shed Billions, DOGE Down 80% Since All-Time High – Market Updates Bitcoin News
As digital asset markets have shed significant value during the last two weeks, the top meme coins by market capitalization have dropped considerably against the U.S. dollar. The top meme asset dogecoin has lost 23.9% over the last seven days, while shiba inu’s value was reduced by 31.1% this week. Dogecoin Down 80% Since All-Time High, Shiba Inu Down 75% Since High On Monday, January 24, 2022, the top meme coins by market capitalization have lost 3.1% over the last day. Currently, the myriad of meme tokens today account for…
SEC Has Taken 97 Crypto Enforcement Actions So Far — Crypto a Top Priority for Chairman Gensler – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has brought 97 cryptocurrency enforcement actions so far. Furthermore, the securities regulator has imposed approximately $2.35 billion in total monetary penalties against digital asset market participants. 97 Crypto Enforcement Actions Cornerstone Research published a report titled “SEC Cryptocurrency Enforcement: 2021 Update” last week. The report analyzes SEC enforcement activities from July 2013 to December 2021, the company detailed, elaborating: Since the first action in July 2013, the SEC has brought a total of 97 enforcement actions as of December 31, 2021. According to…