Tag: bitcoin trader

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Ethereum’s Merge Could Lower Demand for Bitcoin but Regulatory & Technical Challenges Persist

  Ethereum’s (ETH) transition to proof-of-stake (PoS), known as The Merge, will likely lead some current bitcoin (BTC) holders to move part of their capital to ETH, one industry insider argues. Others, meanwhile, say that despite a yield on ETH being attractive, regulatory scrutiny means more uncertainty lies ahead for ethereum investors…. Read More: Ethereum’s…
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Biggest Movers: Near, EOS and RUNE Fall During Friday’s Selloff

NEAR was one of the big movers in today’s trading session, as prices fell by almost 10% on Friday. RUNE and EOS also slipped to end the week, with the latter also dropping by double-digits in the session. Near Protocol (NEAR) NEAR was one of the biggest tokens to fall on Friday, as a red…
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Bitcoin and Ethereum Hold Downtrend Support, TRX and DCR Trim Gains

  Bitcoin price started a fresh decline below the USD 41,200 support zone and spiked below the USD 40,000 support before recovering. It is currently (11:49 UTC) consolidating near the USD 40,500 level. BTC is down almost 5% in a day, trimming its weekly gains to 1%. Similarly, most major altcoins are holding downtrend support.…
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What Sell Pressure? Bitcoin Exchange Reserves Hit 4-Year Low

Bitcoin has started a recent downtrend that is threatening its position above the coveted $40,000 level. This is presumed to be caused by major sell-offs in the market. However, exchange metrics continue to show that this is not entirely the case. Exchange balances have been plummeting for the past year pointing towards massive accumulation trends…
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STEPN to new highs? GMT price painting first ‘bull flag’ toward $5 target

GMT is booming amid warnings that its 38,000% price rally since inception could end up being an “absolute joke.” STEPN (GMT) has rallied strongly against the U.S. dollar this week as it looks likely to form a classical bullish technical pattern called the “bull flag.” GMT eyes more upside GMT’s price rose 30% week-to-date, including…
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Ridley Scott’s Company Joins Ethereum Movie Project

  Scott Free Productions, a movie and TV production company co-founded by filmmaker Ridley Scott, whose 2000 film Gladiator won the Academy Award for Best Picture, has joined the project to produce a movie that will explore the birth and rise of the Ethereum (ETH) blockchain.  Based on the book The Infinite Machine by Camila…
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Bitcoin retests $40K after stocks sell-off meets Fed balance sheet bust

Macro-induced mayhem costs Bitcoin bulls dearly as Ethereum also loses key $3,000 support. Bitcoin (BTC) headed toward $40,000 on April 22 after a major retracement in equities speared bulls’ latest advance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin sheds $3,000 on U.S. stocks plunge Data from Cointelegraph Markets Pro and TradingView showed BTC/USD being kept…
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Report: South African University to Issue Blockchain-Based Certificates to Graduating Students

A South African university has said starting this year it will issue blockchain-based certificates to students graduating from the learning institution. University administrators argued that a blockchain-based certification system will help prevent fraud and end the production of fake documents. QR Code for Each Certificate A South African learning institution, the University of Johannesburg (UJ),…
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Alex Saunders issues a public apology and claims to be settling crypto dealings

Prominent crypto figure Alex Saunders has come back from months of being inactive on social media to issue a public apology for his actions last year. Months after a storm of controversies, Nuggets News founder and crypto influencer Alex Saunders issued a public apology over last year’s controversies and the way he handled things.  Back…
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‘PoS Fanatics Attacking PoW are Actual Supervillains’, Kraken’s Powell Says as US Politicians Charge

  A letter by a group of Democratic members of the US Congress attacking proof-of-work (PoW) mining and praising proof-of-stake (PoS) is causing an uproar in the Bitcoin (BTC) community, with crypto exchange Kraken CEO Jesse Powell claiming that “PoS fanatics attacking PoW are actual supervillains.”… Read More: ‘PoS Fanatics Attacking PoW are Actual Supervillains’,…
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