Bitcoin (BTC) may be heading under $40,000 but fresh data shows that demand from major investors is anything but decreasing. For Ki Young Ju, CEO of on-chain analytics platform CryptoQuant, institutional BTC buying “could be the big narrative” in the crypto space once more. Coinbase Pro shifts serious amounts of BTC Ki highlighted figures from Coinbase Pro, the professional trading offshoot of United States exchange Coinbase, which confirm that large tranches of BTC continue to leave its… Source link

LTC/USD entered a recovery mode on Tuesday, but today, it hit resistance at 112.30, staying below the downside resistance line drawn from the high of March 30th. As long as the crypto continues to print lower highs and lower lows below that line, we will continue aiming lower. A clear and decisive dip below 105.70 could confirm the case for further declines and perhaps target the low of April 11th, at 101.35. If that zone doesn’t hold this time around, its break would… Source link

The biggest, most effective privacy coin was on a six-month slide until Feb. 24, when it began a steady climb, rising from around $235 to $335. While there a lot of things that can affect the price of any cryptocurrency, it’s probably worth noting that a token designed expressly to hide crypto transactions — and keep law enforcement from tracking them across blockchains — is up more than 40% since Russia invaded Ukraine and U.S.- and European Union-led sanctions sent the aggressor’s… Source link

Over the past three months, Bitcoin’s (BTC) daily closing price fluctuated between $35,050 and $47,550, which is a 35.7% range. Although it might seem excessive, this is not unusual, especially considering BTC’s 68% historical annualized volatility.  Bitcoin/USD 1-day chart at Coinbase. Source: TradingView The relief rally that came after the April 11 dip below $40,000 followed the U.S. Consumer Price Index (CPI) report that announced 8.5% for March, the highest since 1981. Meanwhile, in… Source link

Online casino gambling in the U.S. is illegal in all but six states, kept in check by strict rules that make it hard for users to move money in and out of regulated internet casinos. But those rules don’t hold up so well when it comes to bitcoin. Internet casinos that offer users a way to gamble using cryptocurrencies are booming, sidestepping regulations while operating and advertising with near impunity. Dozens of websites operating outside the U.S. now offer a way to quickly begin… Source link

Vladislav Sopov Litecoin (LTC) is just a month away from becoming another privacy coin: here’s why Contents 75% of LTC miners are ready to support MimbleWimble Litecoin Foundation, Antpool launch crypto R&D laboratory LTC Labs Veteran cryptocurrency Litecoin (LTC) is going to have its privacy advanced by MimbleWimble (MWEB), a protocol of by-default transaction obfuscation. The update has been in development for almost three years. 75% of LTC miners are ready to support… Source link

The EPNS protocol enables on-chain communications with the ability to opt-in for permissionless channel notifications and subscriptions. Instead of using usernames to connect as on Discord or Twitter, EPNS relies on a user’s on-chain identifier. Since launching in January, EPNS says the protocol has powered 4 million notifications sent to more than 44,000 subscribers. Source link

Good morning, and welcome to Protocol Fintech. This Thursday: what you need to know about the Merge, the worth of an NFT and PayPal’s CFO heads to Walmart. Off the chain What’s an NFT worth? It’s easy to play the “worthless pointer to a JPEG” card in conversations, but we humans place a lot of value on other abstractions. If you’re of a capitalist bent, then the best way to assess the value of an NFT is to figure out what people will pay for it. The hapless buyer of an NFT based on… Source link

Text size Bitcoin got a boost on Thursday. Dreamstime Bitcoin and other… Source link

Former CFTC chairman Chris Giancarlo and FOX Business senior correspondent Charlie Gasparino discuss the future of digital assets on ‘The Claman Countdown.’ Bitcoin traded above $40,000, following a day of gains after snapping a two-day losing streak and trading lower in eight of the last nine days. GET FOX BUSINESS ON THE GO BY CLICKING HERE Bitcoin remains down more than 9% month-to-date and more than 10% year-to-date. Most cryptocurrencies gained on Wednesday.   What is being called… Source link