Market makers in ‘fear mode’ ahead of Friday’s $575M Bitcoin options expiry
Bear’s misplaced belief that Bitcoin price would drop to $32,000 allowed Friday’s BTC options expiry to become unexpectedly balanced. Go to Source Powered by WPeMatico
Month: June 2021
Pepe the Frog Creator Launches NFTs Featuring the Infamous Internet Meme
The infamous Internet meme “Pepe the Frog” will be immortalized in non-fungible token (NFT) collectible form by the frog’s original creator Matt Furie. Of course, Pepe has been featured in blockchain art before and a series of cards were created via Counterparty in 2016. However, despite the number of NFT rare Pepes on the web, … Read more
Bonsai bonanza as Zenft studio sells out $2 million NFT drop in one hour
The digital trees are a smash hit amid a demand drought for NFT projects. Go to Source Powered by WPeMatico
Altcoins and DeFi tokens breakout as Bitcoin price nears a key resistance
DOGE, KNC and KAVA are just a few of the altcoins that posted double-digit gains as Bitcoin and Ethereum price rallied to key overhead resistance levels. Go to Source Powered by WPeMatico
Google Announces New Policy for Cryptocurrency Ads
Google has announced an update to its financial products and services policy, which includes its policy on cryptocurrency advertising. The new rules will take effect in August and all prior crypto exchange certifications will be revoked. Advertisers must request new cryptocurrency exchanges and wallets certification with Google. Google Introduces New Crypto Ad Rules Google Inc. … Read more
Funding surpasses $2 million for this charity DAO
Multiple parties added capital to Endaoment, which aims to turn its ecosystem into a decentralized autonomous organization for donations — charity for the people. Go to Source Powered by WPeMatico
Price analysis 6/2: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, ICP, BCH
Altcoins are picking up steam as the relief rally in Bitcoin and Ether gains traction. Go to Source Powered by WPeMatico
Search giant Google lifts 2018 ban on crypto exchange, wallet advertisements
The new policy allows companies that have cleared rigorous regulatory hurdles to post ads. Go to Source Powered by WPeMatico
Biden Administration Expanding Cryptocurrency Analysis to Find Criminal Transactions
The U.S. government is expanding its cryptocurrency analysis in a strategy to find and pursue criminal transactions. This comes in the wake of a rising problem of ransomware involving cryptocurrency, such as bitcoin. “Combating ransomware is a priority for the administration,” said a spokesperson for the White House. US Government to Expand Cryptocurrency Analysis The … Read more
Classic technical indicator foresees another massive Bitcoin price drop with $16K target
Bitcoin is forming a textbook downside continuation structure called Bearish Pennant whose ultimate breakout target lurks near $16,000. Go to Source Powered by WPeMatico
