DIGIT INFO – Page 2449 – Cryptocurrency News

Ethereum on-chain data hints at further downside for ETH price

An assortment of on-chain and derivatives data signal that ETH price is unlikely to rally above $3,500 any time soon.

US Senate confirms Lael Brainard as Fed vice chair

In a 52-43 vote on the Senate floor on Tuesday, U.S. lawmakers confirmed Lael Brainard to be vice chair of the Federal Reserve System for four years.

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Altcoins sell-off as Bitcoin price drops to its ‘macro level support’ at $38K

BTC price fell below $38,000 as tech stocks sold off and traders cautiously watched to see if Bitcoin can hold its “macro level support” zone.

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Ethereum scaling solution Optimism upgrades governance structure

Optimism Foundation will launch a governance token called OP to govern protocol and network parameters, and incentivize adoption.

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Fort Worth Is Mining Bitcoin in City Hall, Mayor Wants to Transform Region Into a Tech-Friendly City

On Tuesday, Fort Worth mayor Mattie Parker and Fort Worth revealed that the city is now the first U.S. city government in the country to mine bitcoin. According to the announcement, the city of Fort Worth has partnered with the Texas Blockchain Council to embark on the crypto mining endeavor. The City of Fort Worth […]

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Crypto gaining trust as investment, but still lagging behind other options: Bitstamp report

Uncertainty over regulation remains a key barrier to crypto investing according to Bitstamp.

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Bullish on Bitcoin – Glassnode Pointed To Positive Changes in BTC’s Fundamental Metrics

With the decline in activity in the bitcoin derivatives market, there is a formation of constructive medium- and long-term trends. These are the conclusions made by analysts of Glassnode. Over the past 12 months, trading volume, implied volatility, and spreads over the spot market have fallen to historic lows. This was facilitated by the price consolidation since mid-January. The financing rate of perpetual contracts began to sharply contrast with the previous months, which were characterized by periods of active building longs and shorts. In terms of annualized rates, the funding rate and the cost of rolling into the following quarterly

The post Bullish on Bitcoin – Glassnode Pointed To Positive Changes in BTC’s Fundamental Metrics appeared first on The Merkle News.

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Bitcoin Miner Cleanspark Secures $35 Million in Financing from Trinity Capital

On Tuesday, the bitcoin mining and energy technology firm Cleanspark announced that it has secured $35 million in non-dilutive financing from Trinity Capital. According to the company, Cleanspark aims to leverage the funds for growth capital expenditures. Cleanspark to Bolster Growth Expenditures With $35 Million in Financing From Trinity Capital Cleanspark has revealed it has […]

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ApeCoin price breakout stalls after $2.4M BAYC NFT robbery — What’s ahead?

APE price now risks crashing by almost 20% from today’s price based on its rising wedge pattern.

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Biggest Movers: GRT up 15%, While ZEC Rallies Following Recent Losses

As crypto markets moved into the green on Tuesday, GRT was one of the biggest gainers, as prices rebounded following recent declines. ZEC was also higher on the day, climbing by as much as 5%, while DOGE extended Monday’s gains. The Graph (GRT) GRT was easily one of the biggest gainers in crypto markets on […]

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