Recent advances in the field of long-term storage could form the basis for the development of immutable digital ledgers capable of storing data for millions of years without power. In other words: immortal blockchains. At … New zero energy storage tech could lead to immortal blockchainsRead more
Cryptonews
Crypto market faces structural weakness: Binance report
The cryptocurrency market has experienced considerable turbulence over the past few months. Despite a recent upturn, the market capitalization is still down 14% from its peak in March. According to a Binance Research report, June … Crypto market faces structural weakness: Binance reportRead more
Bitcoin’s next leg could hit $110K, despite ‘lower highs and lower lows’
Bitcoin could jump to $110,000 on its next major rally, despite concerns of “lower highs and lower lows” forming as a pattern on the BTC price chart, according to crypto traders. “The next leg is … Bitcoin’s next leg could hit $110K, despite ‘lower highs and lower lows’Read more
Trump weighing Bitcoin hater Jamie Dimon for US Treasury
Former United States president and current Republican ticket nominee Donald Trump said recently that, if elected, he was considering JP Morgan CEO Jamie Dimon for his cabinet as Secretary of the Treasury. He also intends … Trump weighing Bitcoin hater Jamie Dimon for US TreasuryRead more
Bitcoin price sheds 3% as $6B leaves Mt. Gox cold wallet
Bitcoin (BTC) shed over 3% on July 16 as what analysis called “FUD” involving defunct exchange Mt. Gox resurfaced. BTC/USD 1-hour chart. Source: TradingView Mt. Gox Bitcoin outflows send price below $6,000 Data showed BTC price … Bitcoin price sheds 3% as $6B leaves Mt. Gox cold walletRead more
Bitcoin conference organizer to raise $15M for Trump campaign: Report
One of the organizers behind a crypto conference former United States President Donald Trump will attend reportedly plans to hold a $15 million fundraiser for his reelection campaign. According to a July 15 Washington Post … Bitcoin conference organizer to raise $15M for Trump campaign: ReportRead more
Bitcoin traders eye bear trap as BTC price hits 10-day high of $60.4K
Bitcoin traded above $60,000 on July 14 as an assassination attempt on United States presidential candidate Donald Trump sparked BTC price volatility. BTC/USD 1-hour chart. Source: TradingView BTC price spikes above $60,400 Data tracked a crypto … Bitcoin traders eye bear trap as BTC price hits 10-day high of $60.4KRead more
Spot Bitcoin ETFs see highest flow day in over 5 weeks
United States-based spot Bitcoin exchange-traded funds recorded over $310 million in inflows on July 12 — marking its best-performing day since June 5. BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund … Spot Bitcoin ETFs see highest flow day in over 5 weeksRead more
German government offloads its final Bitcoin holdings
Germany’s government offloaded the last of its Bitcoin holdings on July 12, according to data from Arkham Intelligence. The final transaction included 3,846 Bitcoin (BTC) sent to “Flow Traders and 139Po,” which Arkham described as … German government offloads its final Bitcoin holdingsRead more
Bitcoin speculators hodl 2.8M BTC in ‘worst performing’ price cycle
Bitcoin long-term holders are refusing to sell in the current BTC price cycle’s “deepest correction.” In the latest edition of its weekly newsletter, The Week Onchain, crypto analytics firm Glassnode delivered good news on Bitcoin … Bitcoin speculators hodl 2.8M BTC in ‘worst performing’ price cycleRead more
Key Bitcoin price metric drops to a 2-week low — Is the BTC bull market over?
Five days after falling below $60,000 on July 4, Bitcoin (BTC) professional traders’ morale dipped to its lowest level in two weeks, according to the long-to-short metric. This suggests that whales and market makers are … Key Bitcoin price metric drops to a 2-week low — Is the BTC bull market over?Read more
German gov’t prepares for next $276M BTC sell-off
The German government has continued its Bitcoin sell-off after sending roughly 3,100 BTC worth around $178 million in the span of an hour on July 9. At the same time, the government also withdrew roughly … German gov’t prepares for next $276M BTC sell-offRead more
Price analysis: SPX, DXY, BTC, ETH, SOL, TON, DOGE…
The S&P 500 Index (SPX) rose about 2% last week to hit a new lifetime high, while Bitcoin (BTC) collapsed 11% during the same period to hit its lowest weekly close in four months. This … Price analysis: SPX, DXY, BTC, ETH, SOL, TON, DOGE…Read more