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“# Sub-$60K monthly close will make Bitcoin’s $3.9B options expiry a non-event ” Bitcoin’s (BTC) 2021 performance has been impressive, but traders waiting for a record-breaking monthly candle are likely to be disappointed this week. After peaking at $64,900 on April 14, a jaw-breaking 27% correction followed, causing BTC price to drop to the $46,000…
“# Price analysis 4/28: BTC, ETH, BNB, XRP, ADA, DOGE, DOT, UNI, LTC, BCH ” Bitcoin (BTC) has slowed down after its sharp relief rally over the past 48-hours, but Ether (ETH) is in no mood to rest as it continues to chase new all-time highs. The biggest altcoin by market capitalization seems to have…
“# SBI doubled crypto business profits in past fiscal year ” Japanese financial giant SBI Group more than doubled the total profit of its cryptocurrency business during the fiscal year that ended in March. On Wednesday, SBI released a report on the company’s financial results, disclosing that its pre-tax crypto-powered profits during the past fiscal year…
“# Elon Musk boosts Dogecoin again amid fresh ‘strong interest’ in altcoins ” Dogecoin (DOGE), the meme-based cryptocurrency that is a pet favorite of Elon Musk, has a new date for its price diary — Musk’s appearance on Saturday Night Live. In a tweet on Wednesday, Musk described himself as “The Dogefather” as he prepares…
“# Former gov’t official blames crypto mining for energy crisis in Kyrgyzstan ” Amid growing concerns over the energy sector in Kyrgyzstan, a former government official has argued that cryptocurrency mining is a major factor driving the energy crisis. Daniyar Akmatov, former director of the state investment protection organization, the Investment Promotion and Protection Agency,…
“# 100 fascinating facts about crypto’s last 100 days ” Crypto data aggregator CoinMetrics has compiled a list of 100 insights into the recent performance of the digital asset markets — and the figures add up to a very bullish picture for the ecosystem. Released to celebrate the 100th issue of its State of the…
“# Nifty News: Ellen’s NFT auction flops, Oscars controversy, Kayne’s $1.8M sneakers, and more ” The much-hyped NFT sale by popular talk show host Ellen Degeneres has fallen flat, with the comedian selling just five out of ten available Gold editions of her “Woman With Stick Cat” NFT for $2,500 on the Bitski platform. Sixty-four…
“# Japanese gaming giant Nexon invests $100M into Bitcoin ” Major Japanese game developer Nexon has become the latest publicly-listed firm to make a significant investment into Bitcoin. On April 28, Nexon announced it had purchased 1,717 BTC for roughly $100 million at an average price of $58,226 each after fees. The firm noted the…
“# Bitcoin dominance drop and resistance at $55K stoke altseason hopes ” The overall cryptocurrency market saw a second day of gains on April 27 after the weekend sell-off proved to be a good buying opportunity for retail and institutional investors. Lower gas fees following the Ethereum network’s Berlin upgrade along with an increase in…
“# Waves, Celo, and Injective Protocol (INJ) breakout as DeFi reawakens ” Bitcoin (BTC) extended its relief rally on Tuesday and reclaimed a market capitalization above $1 trillion. While many traders panicked during Bitcoin’s recent fall below $47,000, fund manager Dan Tapiero said that he spotted a rare TD sequential buy signal during the low….