The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

Key Takeaways Ethereum is up nearly 16% in the last five days.  On-chain data shows a large number of tokens moving out of exchanges.  Further buying pressure could push ETH to $3,300 or higher.  Share this article Ethereum could be ready to rise after overcoming a significant supply barrier. A spike in buying pressure could result in a major rally. Ethereum Breaks Critical Resistance Ethereum appears to be bound for significant price action as its on-chain activity turns… Source link

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

Bitcoin (BTC) saw brisk upwards action during the Wall Street trading session on March 18, conforming to predictions that higher levels would see a retest. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bets placed on $46,000 Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it advanced $1,650 from daily lows to nearly matching the $41,700 high from March 16. The move buoyed traders, who began to reinforce their short-term view of levels near the top of… Source link

Image source: Getty Images Galaxy Digital Founder and CEO Mike Novogratz boldly predicts a single Bitcoin will be worth a half million dollars by 2027, pegging Bitcoin’s market cap at $9.2 trillion. Key points During a broadcast interview Tuesday, the CEO of crypto investment firm Galaxy… Source link

Following a rise to a high beyond $41,700 earlier this week, bitcoin’s price has fallen for two consecutive sessions. Despite this, BTC continues to trade above $40,000, whilst ETH continues to hover above $2,800. Bitcoin BTC fell for its second consecutive session on Friday, as the world’s largest cryptocurrency has lost some momentum, following Wednesday’s Fed decision. Yesterday saw bitcoin trade at a peak of $41,102.23, however as of writing, prices have fallen to an… Source link

Mining difficulty adjustments are made by comparing the standard time it should take to find 2,016 blocks of transactions on the Bitcoin network to the time it took to find the last 2,016 blocks. Keep in mind that the accepted block time is 10 minutes. Therefore, the expected time for mining 2016 blocks is 20,160 minutes (that is, 2016 X 10 minutes). Source link

“Look at the massive flattening in the 2y10y – it’s signaling that the [Federal Reserve’s] ability to engineer a soft landing is quite narrow,” David Duong, head of institutional research at Coinbase, said, referring to the two-year/10-year Treasury bond spread. “Plus, there’s still a large risk that inflation could remain high and sticky, even with the base effects that could kick in. It’s not immediately clear to me that a terminal rate [peak rate of the tightening cycle] of 2.375% would… Source link

Dušan Matuska is — among many other things — a Bitcoin educator and consultant. The Slovak’s dream is to educate 100 million people about Bitcoin by 2030 through talks, podcasts, webinars, workshops and even a Bitcoin education center in a far-flung destination (plans are currently under wraps).  Alongside his Bitcoin teaching aspirations, he assists on a small-scale Bitcoin mining facility in Slovakia, he co-founded the crypto café known as Paralelni Polis in the country’s… Source link

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