Author: CryptoHoppers
At press time, buying pressure was stronger than selling pressure in the market. OI in Bitcoin futures jumped 7.28% over the past 24 hours. The world’s largest crypto asset, Bitcoin [BTC], broke through the $28,000 barrier for the first time in over six weeks, and investors hoped that the breakout would pave the way for more substantial gains in the days to come. Is your portfolio green? Check out the BTC Profit Calculator Buyers dominate the market The rally pulled Bitcoin out of the narrow trading range it had been in since 2023’s largest market crash in mid-August. At the time…
Crypto Live NewsAuthor: Mustafa MullaMustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017. Sep 21, 2023 12:29 Busan, South Korea’s second-largest city, is making headway in blockchain technology as it builds an urban blockchain that will be compatible with Ethereum, Cosmos, and other platforms. In line with this, Busan has set its sights on launching a city exchange in the first half of 2024 that will enable trading of tokenized precious metals such as gold, silver, copper, and oil. The city has also…
Robert Kiyosaki Says Bitcoin, Gold and Other Assets Will Become Priceless Amid Fed’s Latest Move
Rich Dad Poor Dad author Robert Kiyosaki believes that a number of assets including Bitcoin (BTC) will become “priceless” as the Federal Reserve works on a controversial project. The best-selling author tells his 2.4 million followers on the social media platform X that the Fed’s central bank digital currency (CBDC) will make certain assets invaluable. “Fed CBDC is coming. Privacy gone. Big Brother will be watching. When CBDC enters the market, gold, silver, Bitcoin and cash will become priceless. Start saving GSBC (gold, silver and Bitcoin) and cash now before it’s too late.” In July, the Federal Reserve Bank of…
Bitcoin Long-Term Metrics Point to a Different Scenario Than 2019 Fakeout: Top Analyst
Bitcoin traders and enthusiasts have been eagerly anticipating the next significant move in the cryptocurrency market, with memories of the 2019 fakeout rally still fresh in their minds. However, one prominent BTC trader, known as Dave the Wave on the social media platform X, is offering a reassuring perspective. According to Dave, the conditions that led to the 2019 fakeout rally are unlikely to repeat themselves in the current market cycle. The 2019 fakeout rally left many Bitcoin investors disappointed. It was characterized by a sudden breakout that sent BTC prices soaring, only to see them crash back down just…
Ethereum Layer-2s have proven to be a solid line of defense against Layer-1s. Ethereum’s TVL outperformed Solana and Avalanche and could be gunning for market cap too. The 2021 bull run exposed some major drawbacks in the Ethereum [ETH] blockchain. Thanks to this, the term “Ethereum killer” gained traction as a way to describe the many competitive layers aiming for the top spot by attempting to overthrow the network’s dominance. How much are 1,10,100 ETHs worth today? Fast-forward to the present, and Ethereum is still the most dominant PoS blockchain in some key areas. Layer Blockchains like Solana [SOL] and Avalanche…
Blockchain and web3 innovator nChain has issued a statement responding to accusations made by its former CEO, Christen Ager-Hanssen. Hours after Ager-Hanssen took to social media to announce his departure from the technology company, citing a conspiracy against shareholders, the Zug, Switzerland-based company responded with a statement of its own. I can confirm I have departed from @nChainGlobal as its Group CEO with immediate effect after reporting several serious issues to the board of nChain Group including what I believe is a conspiracy to defraud nChain shareholders orchestrated by a significant shareholder. I also… pic.twitter.com/F6rNJfRxnl— Christen Ager-Hanssen (@agerhanssen) September 29,…
An on-chain investigator, known as @BoringSleuth, has cast doubts on the blockchain project Filecoin (FIL) and its initial coin offering (ICO). In a comprehensive report, BoringSleuth delves into Filecoin’s wallets and funding transactions, raising questions about potential shady associations with entities like the Ethereum Foundation, Wanxiang, Prometheum, and others.What did he uncover? Let’s read on.Questioning the ICOThe investigation began by checking the wallets that sent the most cryptocurrency (Ether or ETH) to Filecoin during its ICO. They noticed unusual patterns, like wallets sending ETH with long decimal numbers. This might have made it look like many people were investing in…
After a rally on 28 September, PEPE retraced by more than 3% the next day. It appeared that a broader market accumulation was underway. There’s hardly been a single dull chapter in the brief history of the frog-themed Pepe [PEPE]. The memecoin’s fickle price swings, which can make or break a portfolio, have piqued the interest of many cryptocurrency watchers. Is your portfolio green? Check out the PEPE Profit Calculator PEPE moves unpredictably On 28 September, the memecoin jumped more than 12% in value, as per data from CoinMarketCap. Seeing the trajectory, the bulls might have geared for further gains. But…
AI won’t realize its potential without web3
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Headlines touting the allure of artificial intelligence’s (AI) disruptive potential might make it seem like we’re already on the cusp of a completely automated and decentralized future. However, the reality is that, while this will be a transformative journey, it will likely be an incremental one over the next decade. First applications will be built by AI as a supporting developer tool. In the next phase of adoption, we will see a transition to applications with AI…
13% Rally Driven By Fresh Demand
The price of Bitcoin Cash has experienced significant rise over the course of the last 30 days, resulting in favorable returns for investors. Since July, BCH holders have continuously maintained a positive perspective, which has reduced the frequency of selling activity. This collective sentiment has played a significant role in the upward trajectory of BCH, consequently yielding favorable outcomes for these holders. The price of BCH has increased by about 13% over the previous week, giving it some of the biggest gains in the last seven days for cryptocurrency assets. According to CoinMarketCap data, the altcoin was trading at $234.78…