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“# $13B Bitcoin futures open interest reflects traders’ strong bullish optimism ” Bitcoin (BTC) price recovered by 27% just three days after testing the $31,000 support and earlier today bull recaptured the $40,000 level. This quick recovery occurred despite the digital asset facing one of the largest buy-side liquidations in a single day as $1.5…
“# Zcash (ZEC), Kusama (KSM) and Hedget (HGET) soar as Bitcoin hits $40K ” The sharp correction in Bitcoin (BTC) may have shaken out many leveraged traders, but the data shows whales and institutions aggressively purchased the dip and now bulls have shown they are determined to push Bitcoin price back above $40,000. The total crypto…
“# Coinbase opens the door to more crypto listings with Asset Hub ” Coinbase, the San Francisco-based cryptocurrency exchange, has announced a new platform designed to help issuers list their assets more efficiently — and, possibly, without having to go through the cumbersome listing process currently employed by the firm. Coinbase Asset Hub is a…
“# Stacks mainnet launch brings smart contracts and DeFi to Bitcoin ” Stacks, formerly Blockstack — an open-source network for building decentralized applications — has an ambitious vision to bring smart contracts and decentralized finance to the Bitcoin (BTC) network. On Thursday, the developer community celebrated the launch of Stacks 2.0, a bridging toolkit that…
“# Pantera Capital CEO doubles down on $115K Bitcoin prediction for 2021 ” Dan Morehead, founder and CEO of Bitcoin (BTC) investment firm Pantera Capital, has maintained his bullish Bitcoin prediction for 2021. Bitcoin is poised to hit as much as $115,000 by August 2021, surging 200% in the next eight months, Morehead reportedly said at…
“# Programmer has two password guesses left before losing $266M in Bitcoin ” A German-born programmer in San Francisco has now used up eight of 10 password attempts he has to unlock the hard drive containing the private keys to his Bitcoin wallet, which contains 7,002 Bitcoin (BTC). As of press time, those holdings would…
“# 5 stories that suggest crypto is moving into ludicrous territory ” The Bitcoin bull run may have slowed since the price retreated from $42,000 last week, but the pace of absurd crypto stories appears to have sped up. Just like we saw in 2017, when a bull run gets going, life in the crypto…
“# Bitcoin price rally to $37,850, signals that bulls intend to reclaim $40K ” Bitcoin (BTC) price broke through the $35,000 resistance and appears to be stepping into a new range that would see the price trade between $38,000 to $40,000. Today’s recovery from the $34,000 level also appers to have invalidated what looked to…
“# DEX and interoperability upgrades show TomoChain (TOMO) wants DeFi dominance ” The cryptocurrency market started the year in full force and with all the bullish breakouts happening it can be difficult to discern which projects are simply being driven by the macro trend and which are making gains based on solid tech developments and…
“# Arca secures $10M in Series A funding as traditional financiers back crypto ” Arca, an emerging digital-asset manager, has secured $10 million in Series A funding to bootstrap the next phase of its business strategy — one that could bridge the gap between traditional finance and cryptocurrencies. In a Wednesday press release, Arca said…