Binance NFT Marketplace looks to capture market share via ‘100 Creators Campaign’
In an effort to attract users, Binance is casting a wide net to bring in artists, celebrities, and athletes. Go to Source Powered by WPeMatico
Month: May 2021
Marathon’s Bitcoin Mining Pool Will ‘No Longer Filter Transactions’ — Marapool Begins Signaling for Taproot
On Monday, the publicly-listed enterprise mining firm Marathon Digital Holdings announced the company has adopted the latest codebase offered by Bitcoin Core developers that features Taproot. Marathon is now signaling for Taproot according to the announcement. The North American bitcoin miner further noted that the firm’s mining operation Marapool will “cease filtering transactions.” Marathon Adopts … Read more
Bitcoin rejects near $37.5K, on-chain data shows capitulation from short-term holders
On-chain data shows short-term Bitcoin holders continue to capitulate while long-term investors have been buying the dip in anticipation of the market moving higher. Go to Source Powered by WPeMatico
Andreessen Horowitz Discusses Raising Third Crypto Fund to $2 Billion, Sources Say
In May 2020, back when the crypto economy was still tumultuous from the coronavirus outbreak fears and gloomy global financial outlook, in general, the private venture capital firm Andreessen Horowitz (a16z) revealed the 500 million-dollar “Crypto Fund II.” A report published on May 27 by the tech writer Eric Newcomer indicates that Andreessen Horowitz is … Read more
How relevant is the $900M open interest on Bitcoin options above $100K?
Pro traders have been buying ultra bullish Bitcoin $100,000 to $200,000 options, but how confident are they that these targets will be achieved? Go to Source Powered by WPeMatico
Binance Smart Chain Faces yet Another Flash Loan Attack: Belt Finance Loses $6.3 Million
Belt Finance, a Binance Smart Chain-based decentralized lending protocol, lost $6.3 million in a flash loan attack last week. The attackers took advantage of a series of inefficiencies in the smart contract to manipulate the price of the set and obtain profit from a series of transactions. This is just the last of a series … Read more
Dogecoin: Why you should think twice about investing in fun currency
The crypto market has been hot in the past few weeks. Not only Bitcoin was able to gain, but also many Altcoins. Right at the forefront: Dogecoin (DOGE), which was able to achieve a market capitalization of around 50 billion US dollars. In case you want a different way of earning money than playing in … Read more
Top 5 Tips for Beginners in Cryptocurrencies
You may be wondering is it still worth entering the cryptocurrencies or should you spend your money somewhere else, like placing bets at NetBet Sport. At the turn of the year 2017/2018, cryptocurrencies received tremendous media attention. Not without reason, because the prices of most of the around 2,000 cryptocurrencies have multiplied within a few … Read more
3 on-chain indicators suggest the Bitcoin price sell-off is losing steam
As Bitcoin price shows new signs of bullish momentum, data from various on-chain indicators suggest that the current sell-off is reaching an end. Go to Source Powered by WPeMatico
Visualizing Bitcoin’s Future Price Cycles With the Power-Law Corridor Model
There’s a number of tools, charts, and models traders use to help them forecast bitcoin price cycles and our last article discussed leveraging the Golden Ratio Multiplier. The following editorial discusses another method of bitcoin price prediction analysis by utilizing Logarithmic Growth Curves. In September 2019, a comprehensive paper published by Harold Christopher Burger describes … Read more
