Bitcoin price has traded sideways for the entire month of June. The lack of conviction by both bears and bulls has resulted in a doji currently on the monthly timeframe on BTCUSD charts.If the cryptocurrency closes tonight around current levels, the doji will be confirmed. However, past data suggests that this isn’t a bad thing…
Mainnet crypto staking on the Matic network went live on June 29, 2020. Delegators need a minimum of one Matic token to participate, and with a current price of just under two cents, the barrier to entry is low.Matic’s co-founder and CEO, Sandeep Nailwal took to Twitter to give an update on how the rollout…
Markets are still reeling from the impact of the pandemic and the resulting Black Thursday selloff. However, one fund manager says the powerful shakeout demonstrated the strong will of Bitcoin investors.If that violent selloff driven by panic and fear didn’t cause holders to sell, what might it take?Remembering The Most Violent Shakeout In Crypto HistoryAt…
Last week, Bitcoin price fell from a high of $9,800 to a low of $8,900. Ethereum fell over 10% from $248 to $215. But while these top crypto assets tanked, several small-cap altcoins not only surged but set records for a new all-time high.What’s causing these underdog altcoins to rally while major crypto assets continue…
Automated market maker protocol Balancer lost over $450,000 in a hacking incident on Sunday.The firm’s co-founder and CTO, Mike McDonald, confirmed that hackers drained at least two of their pools that contained deflationary tokens STA and STONK.He admitted that hackers exploited security vulnerabilities in those tokens to trick their pools into selling them Ether, WBTC,…
Ethereum’s budding decentralized finance ecosystem has gone parabolic over recent weeks.The value of cryptocurrencies locked in DeFi applications has skyrocketed to $1.65 billion, 65% higher than this metric was just 12 days ago. Simultaneously, the number of users leveraging applications like Compound, Maker, and Synthetix has skyrocketed.Unfortunately, a purported hack just took place that may…
In 2017 and 2018, thousands of entrepreneurs were attempting to launch their own crypto project to capitalize on the bubble-like conditions. Due to the mania, there are now over 5,000 digital assets listed on CoinMarketCap — and there are likely thousands of others that failed to make the cut.Unsurprisingly, not everyone is convinced that all…
At the start of 2020, Bitcoin was trading above $10,000 for the first time since June 2019. Several indicators and sentiment suggested a new bull market was underway.But the “white swan” pandemic that put the world on lockdown, also put a stop to Bitcoin’s momentum. And according to a new tool developed by a respected…
Another week, another round of Crypto Tidbits.At one point this week, analysts thought Bitcoin was about to be thrust into a full-blown bull market. The cryptocurrency saw a strong rally at the start of the week that took ti as high as $9,800 on major exchanges. But in normal BTC fashion, the rally was shut down…
Blockchain data transparency offers a figurative ocean of information at a click. New data shows that Ripple whales are buying up any XRP small fish sellers are offering up.In the past, XRP broke out from downtrends with an explosive move. With so many whales accumulating, will there soon be a “thar she blows” moment?Ripple Protocol…