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“# Here is how one algorithmic indicator anticipated multiple phases of FXS’ protracted rally ” Frax Share (FXS) has been one of the few altcoins to pull off a dominant price performance amid the down market of late 2021 to early 2022. In the month between Dec. 14 and Jan. 14, FXS was up 128%…
“# 70% of US crypto holders started investing in 2021: Report ” The vast majority of cryptocurrency owners in the United States made its first-ever crypto investments just within last year, according to a new survey. About 70% of crypto hodlers in the U.S. started investing in cryptocurrencies like Bitcoin (BTC) in 2021, according to…
“# Shiba Inu (SHIB) fetches 30% gain on Robinhood listing rumor and bullish chart pattern ” Shiba Inu (SHIB) seems to be preparing for a bullish breakout as a falling wedge pattern begins to form. The price of SHIB has been trending lower inside an area defined by two contracting trendlines while accompanying a decline in…
“# Analysts expect turbulent Bitcoin price until $46,500 flips to support ” Market volatility reared its ugly head once again for crypto traders on Jan. 13 as the excitement of Bitcoin (BTC) hitting its highest level in a week was quickly thwarted by a correction that thrust the cryptocurrency back into the mid-$45,000 range. Data…
“# Iota selected for Phase 2A of EU blockchain initiative ” On Thursday, the Iota Foundation, which oversees developments in the namesake Internet-of-Things transactions blockchain (IOTA), announced that it had been selected as one of five contractors by the European Commission to develop blockchain and distributed ledger technology in the region. According to the announcement,…
“# TokenBot helps crypto traders build social communities and monetize market knowledge ” There are many advantages to automating one’s trading tactics instead of pointing and clicking with a mouse. For starters, bots can execute trading decisions free of emotion, are lighting fast, and have far fewer margins of error. According to CNBC estimates, crypto…
“# Aside from Shark Tank, Mark Cuban says 80% of his new investments are in crypto ” Comedian and former Daily Show host Jon Stewart said Dallas Mavericks owner and billionaire Mark Cuban broke down the intricacies of the crypto space in practical terms. Speaking to Stewart on a Thursday podcast, Cuban said he didn’t…
“# Industry players respond to Vitalik Buterin’s thoughts on cross-chain ecosystems ” Last week, Vitalik Buterin, Ethereum (ETH)’s co-founder, voiced his disapproval regarding the emergence of cross-chain bridges, citing security vulnerabilities due to their interdependency. In the days that followed, however, developers working on cross-chain technologies largely dismissed his skepticism. In a statement to Cointelegraph,…
“# Small cap altcoins flash bullish signals even as Bitcoin revisits $42.5K ” The cryptocurrency market faced another day of erratic price movements on Jan. 13 after Bitcoin (BTC) bulls were soundly rejected in their bid to push the price above $44,000. This led to an abrupt sell-off that has thrust the price back into…
“# Gemini acquires BITRIA to push crypto into the wealth management industry ” Crypto exchange Gemini announced Thursday that it had agreed to purchase Bitria, a San Fransisco-based start-up that provides traditional portfolio management tools for use in crypto investments. The goal of Bitria is to provide a platform for traditional asset managers and financial advisors…