Tag: Cryptocurrency
Blockchain
Bearish tilt in Bitcoin futures as open interest contracts
Analyzing the ebb and flow of futures contracts across exchanges can provide invaluable insights into the market’s collective outlook The state of open interest in Bitcoin futures and the ratio
Blockchain
Ethena (ENA) Is ‘The LUNA Of This Cycle’ With 20x Potential: Expert
Charles Edwards, the founder of Capriole Investments, has sparked significant interest and debate within the cryptocurrency community He heralded Ethena (ENA) as “the Luna of this cycle,”
Blockchain
Rate Cuts Could be ‘Out the Window’ After March CPI Data Reveals Stubborn Inflation, Tradestation Exec Says
The US Consumer Price Index (CPI) experienced a higher increase than anticipated in March, climbing by 04% over the month to reach 35% The Bureau of Labor Statistics reported that the rise was
Blockchain
Decoding Ripple: CTO Delivers Clarity Surrounding Firm’s Identity And XRP
Amid a contentious discussion regarding Ripple and XRP identity, the firm’s Chief Technology Officer (CTO) David “JoelKatz” Schwartz has provided insights on the subject,
Blockchain
From Hat To Heights: Dogwifhat’s $17 Crypto Leap Electrifies Investors
Dogwifhat (WIF) has been on a wild ride this week As of Tuesday evening, its value surged by nearly 10%, however, the canine-inspired cryptocurrency could not sustain the momentum and by Wednesday,
Blockchain
Permissionless Capital partners with Solana, Immutable, Chainlink for web3 startup competition
Permissionless Capital, a web3 platform for startups, has announced the launch of its Permissionless Opportunities Event, inviting web3 startups to apply for a chance to secure resources and support
Blockchain
Bitcoin falls below $68,000 amid higher-than-expected inflation
Quick Take The latest US Consumer Price Index (CPI) data for March has surprised economists, revealing that inflation remains persistent despite aggressive monetary tightening by the Federal Reserve
Blockchain
Bitcoin Technical Analysis: BTC Remains Range Bound Ahead of US Inflation Report
Bitcoin’s price movements on April 10, 2024, showcased a day of significant volatility, with the cryptocurrency’s value swinging between $68,207 and $70,917 Oscillators and moving
Blockchain
Historical patterns in Bitcoin fees surface amid the halving countdown
Quick Take Data from Glassnode show that Bitcoin (BTC) transaction fees in 2024 have exhibited a general downward trend, but not without intermittent spikes Contrasting with 2023, the average
Blockchain
Bitcoin ETF Outflows Nearing Equilibrium, Says Grayscale Chief
The Grayscale Bitcoin Trust (GBTC) appears to be approaching a critical balance point after a period of significant outflows, according to Michael Sonnenshein, CEO of Grayscale Investments In an
Blockchain
Here Are The Drivers Behind The Bitcoin Price Crash To $68,000
Bitcoin has again experienced a price decline since briefly climbing above the $72,000 mark on April 8 This price dip is believed to be due to a couple of factors, which no doubt present a bearish
Blockchain
Filecoin Staking Protocol Core Team Detained by Chinese Police; $22 Million in FIL Tokens Sent to Unknown Address
STFIL, the Filecoin liquid staking protocol, believes its core technical team is being investigated by the Chinese police The STFIL team said it also recently detected abnormal and unscheduled
