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“# Market enters a ‘wait-and-see phase’ as Bitcoin struggles below $40,000 ” Price action for Bitcoin (BTC) and the wider cryptocurrency market was relatively subdued on May 27 as nervous traders remain unsure of what comes next following last week’s market plunge that saw leveraged traders wiped out as BTC dipped as low as $30,000…
“# Number of Bitcoin wallets holding 100-1K BTC soars after Tesla’s $1.5B buy-in ” The amount of Bitcoin (BTC) held by whales increased by around 14% after Tesla announced its foray into the cryptocurrency sector in early February 2021. The latest data from on-chain analytics platform Glassnode shows an inflow of roughly $19.5 billion worth…
“# 3 convincing signs the Bitcoin bears have stopped selling ” Bitcoin (BTC) price surged higher in the early New York session on May 26, breaching the $40,000 level for the first time in five days as traders brushed aside concerns about China’s crypto ban and the United States’ crypto tax proposal. The benchmark cryptocurrency…
“# Bitcoin price volatility hits 2021 high as one analyst paints $15,000 target ” The current cryptocurrency market scenario is only for traders that have an extremely high appetite for risks. But for the weak-hearted ones, analysts advise patience and caution ahead. The outlook stands tall for Bitcoin (BTC) and Ether (ETH), the top cryptocurrencies…
“# How did Internet Computer (ICP) become a top-10 cryptocurrency overnight? ” Traders valued Internet Computer (ICP) at $630 in its debut on Coinbase on Monday. On Binance, however, the dollar bids for the token surged to as high as $3,093 as of Tuesday. Meanwhile, HitBTC reported ICP at the peak of roughly $407. The…
“# Coinbase to acquire Skew crypto data analytics platform ” United States cryptocurrency giant Coinbase is acquiring institutional-grade blockchain data analytics platform Skew. Greg Tusar, vice president of institutional products at Coinbase, announced the news Friday, stating that the new acquisition will help customers make more informed trading decisions by using real-time data analytics. “We’re…
“# Fidelity launches institutional cryptocurrency analytics platform Sherlock ” Asset management giant Fidelity is delving deeper into the digital asset space with the announcement of an analytics platform called Sherlock. In an announcement on April 29, Fidelity Investments — which has $10 trillion assets under management — unveiled a digital assets data and analytics solution…
“# Darknet market link provider claims its Bitcoin donors’ accounts were frozen ” The administrator of dark.fail, a website providing verified links to darknet markets, claims that exchanges are unfairly closing accounts donating Bitcoin to the service after implementing a Chainalysis transaction flagging system. The admin alleged in a tweet that two donors of Bitcoin…
“#Newly discovered Jupiter-like world could be the long-sought ‘Planet X’” When the Hubble Space Telescope set its sights toward the binary star system HD 106906, astronomers found a world that could resemble the long-sought Planet X. For the first time, astronomers are able to view a massive Jupiter-like world orbiting far from its parent star….
“# CoinGecko challenges CoinMarketCap’s dominance as a crypto market resource ” The gap is narrowing between crypto analytics providers CoinMarketCap and CoinGecko when it comes to the number of website visits each receives per month. According to a Dec. 1 report from news outlet The Ken, CoinGecko had 20.6 million monthly desktop and mobile visitors…