loader image

Tag Archives: crypto exchange

Bitcoin’s drop to $56.5K may have been the bottom

The absence of cascading liquidations, 25% delta skew and the margin lending ratio all suggest that Bitcoin price bottomed at $56,500. The first rule of Bitcoin (BTC) trading should be “expect the unexpected.” In just the past year alone, there have been five instances of 20% or higher daily gains, as well as five intraday […]

Confused with all the FUD’S? (Fear, Uncertainty, and Doubt)

We’ve argued many times in the past that the correlation between Bitcoin’s price and the market capitalization of hundreds of altcoins makes very little sense. Whether you buy into the idea that Bitcoin is digital gold, or a payment mechanism, or both, it doesn’t have a whole lot in common with Ethereum, Shiba Inu, or […]

What exactly is the Metaverse all about?

The Metaverse allows people to interact with one another, digital objects and the physical world through their avatar in a virtual environment. As nonfungible token sales appear reanimated after a nearly two-month dry spell from their apex in May, a particular NFT application is gaining popularity more than ever: metaverses. Metaverses have gained their fair […]

Cryptos Like Decentraland (MANA) shoots up after Facebook’s rebranding to Meta

The net market capitalization of metaverse tokens grew 13.40% to $12.36 billion in the past 24 hours. Facebook’s decision on Oct. 28 to rebrand itself to Meta — to indicate its plans to build an avatar-filled metaverse — helped spark a speculative rally across cryptocurrencies that belong to similar virtual world projects. Decentraland, a virtual place with its own economy, currency […]

NYC Mayor Might Just Be Allowing Businesses To Accept Crypto Payments

Newly elected New York Metropolis NYC Mayor Eric Adams has revealed on Sunday that he’s “going to have a look at” how you can encourage companies to just accept crypto as a type of fee. This follows after he made headlines every week in the past for saying he’ll be taking his first three paychecks […]

Could BTC Breach $70K This Time?

Bitcoin price started a fresh rally above $65,000 against the US Dollar. BTC is showing positive signs and it could rise further towards $70,000. Bitcoin started a fresh increase above the $62,500 and $63,500 resistance levels. The price is now trading above $65,000 and the 100 hourly simple moving average. There was a break above […]

China’s Digital Currency Used in Transactions Worth $10 Billion, 140 Million People Have Digital Yuan Wallets

China’s central bank digital currency (CBDC), the digital yuan, has been used in transactions worth nearly $10 billion, according to an official with the Chinese central bank, the People’s Bank of China (PBOC). In addition, the government digital wallet has been downloaded by about 140 million people. Digital Yuan’s Adoption Rises, Nearly $10 Billion Transacted […]

Cardano Celebrates a New Milestone

There have been some interesting developments in the Cardano ecosystem recently. To keep readers informed, Altcoin Buzz takes a look at essential Cardano (ADA) updates from the first week of November. In the past week, Cardano celebrated a new milestone. In addition, a Cardano-based stablecoin received funding from a set of investors. Let’s take an in-depth look at these […]

Will USA be the global crypto and blockchain leader ?

The United States is rapidly embracing decentralized finance, the cryptocurrency sector and the innovative industry of blockchain technology. We have some great news coming out of the United States on the cryptocurrency industry this month with potentially more good news coming later this fall. On Oct. 6, Gary Gensler, head of the U. S. Securities and […]

BTC Bulls might just be ready to hit $85K — analysis

Bitcoin (BTC) is “ready to rally” again as BTC price action flips bullish on crucial timeframes, trading platform Decentrader says. In its latest market update on Oct. 29, the firm predicted incoming fresh upside for Bitcoin, which has languished below old all-time highs this week. $150,000 end-of-year potential Despite sideways moves in BTC/USD keeping markets […]