Bitcoin whales have now started accumulating BTC once more. This comes at a time when the crypto market is seeing struggling prices marked with low momentum. Now, with these large investors picking up the pace with their investments, there could be more movement on the horizon for bitcoin. Bitcoin Whales Fill Up Their Bags Data from on-chain aggregator Santiment shows that large bitcoin whales holding between 1,000-10,000 BTC are accelerating their accumulation. Over the last five days,… Source link
Read More »Why Crypto Whales Are Staying on the Sidelines of the Bitcoin Market – CoinDesk
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. 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… Source link
Read More »Crypto winter rally continues as Bitcoin climbs above $17,450
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – The crypto market saw its second straight day of gains on Tuesday despite hawkish comments from Fed Chair Powell that interest rates will continue to rise until the central bank gets a handle on inflation. Stock, likewise, finished the day on a positive note with shares of Coinbase… Source link
Read More »Crypto Markets Today: Coinbase Announces More Job Cuts Amid Market Jitters – CoinDesk
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. 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… Source link
Read More »Grayscale Bitcoin Trust Discount Narrows to 8-Week Low – CoinDesk
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. 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… Source link
Read More »Crypto Markets Analysis: Early Signs of Higher Volatility May Be Creeping Into Bitcoin, Ether – CoinDesk
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. 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… Source link
Read More »The Fed's Interest Rate Message Is Clear: Get to 5% and Keep It There – CoinDesk
On today’s episode, NLW looks at the latest communiques from Federal Reserve officials, including comments by Atlanta Fed President Raphael Bostic and San Francisco Fed President Mary Daly, as well as a speech on Tuesday by Federal Reserve Chair Jerome Powell. The message is “higher for longer” even if the markets don’t agree. Source link
Read More »5 signs that an altcoin bull run could be underway
While 2022 ended on a grim note with macro headwinds providing little hope of a revival in 2023, the start of a new year has surprised bears with a surge in Bitcoin (BTC), Ether (ETH) and altcoin prices. The period of sparse volatility in the crypto market appears to be ending with a breakout on the upside. The increase has been particularly striking in some altcoins such as Lido (LIDO), Solana (SOL), and Cardano (ADA). The primary factors promoting the spike in these coins are the upcoming… Source link
Read More »Learn how modular Layer-2 blockchains are helping developers build secure dApps for the Web3 future
Arguably the most popular blockchain amongst developers building decentralized applications (dApps), the Ethereum Network is credited with introducing the Web3 community to innovations like smart contracts while maintaining robust security standards. However, in order to solve Ethereum’s scalability issue, a new type of Layer-2 (L2) blockchain was introduced that relies on the Ethereum Mainnet (Layer-1) for its security but processes transactions on separate third-party networks in order to… Source link
Read More »Ethereum Price Reaches Make-or-Break Level
The Ethereum (ETH) price has reached a descending resistance line, a breakout above which could trigger a sharp upward movement. Since the ETH/BTC pair has already broken out from its resistance, the ETH price is expected to outperform Bitcoin (BTC). Despite the ongoing bear market, ETH staking has remained popular. However, only 20% of all the staked Ethereum is currently profitable. There is a large chunk of staked ETH at $1,300, so the ongoing increase has made it profitable. However,… Source link
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