Strong Rally For Bitcoin And Crypto As Wall Street Melts Down

There’s a correlation between macroeconomic factors and crypto assets like Bitcoin. Harsh and stricter factors increase the volatility of virtual tokens negatively. This is also the case for equity stocks and their markets. The past week brought a downtrend to the primary cryptocurrency. Bitcoin was seen going toward the $19,000 region without any anchor. The south movement by the entire …

Bitcoin Price Crashes To $19,000, But Stays Strong Against Other Assets

The Bitcoin price has experience volatility over today’s trading session as the cryptocurrency rallied to the $20,000 level. Across social media platforms, some market participants celebrated the bullish price action, but they went silent as BTC stumbled back into its range. At the time of writing, the Bitcoin price trades at $18,900 with a 1% and 3% loss over the …

Do Kwon Statement: A Possible Trigger For Terra Tokens Price Surge

The collapse of the algorithmic stablecoin Terra and its ecosystem in May 2022 created a massive crisis in the crypto space. Coupled with the extreme crypto winter, the industry witnessed massive losses. As a result, billions of dollars were lost, and many investors lost faith in crypto. Gradually, the space is experiencing a revival as several crypto assets and firms …

Bitcoin 90-Day CDD Hits All-Time Low, What Does It Say About Market?

Data shows the Bitcoin 90-day Coin Days Destroyed metric has hit an all-time low, here’s what it says about investors in the BTC market. Bitcoin 90-Day CDD Has Recently Plunged To A New All-Time Low As per the latest weekly report from Glassnode, old BTC supply is more dormant right now than it has ever been during the history of …

Ethereum Name Service (ENS) Looks Strong, Eyes $16 Reclaim

ENS price ranges break above 50 EMA on the daily timeframe.  ENS price gets rejected as price attempts to break out of an asymmetric triangle. The price holds above daily support and could retest daily resistance for a possible break.  Ethereum Names Service (ENS) price showed bullish strength recently, but the price has struggled to break above key resistance against …

5 Tips for First-Time Cryptocurrency Entrepreneurs

Despite the bear dominance, global cryptocurrency adoption remains on the rise. This growth fuels the influx of new entrepreneurs coming to the crypto industry and looking for opportunities to launch their own innovative product. We asked those who already succeeded in the cryptocurrency-related businesses what newbies in the crypto market should keep in mind when starting their entrepreneurial path in …

Investors Cash Out $5M From 7-Week Bull Run On Short Bitcoin

Short bitcoin has been at the forefront of investors’ attention over the last few months. Since it launched, it has garnered an impressive asset allocation and has not eased up. This is not surprising as the market had begun another bear run. However, last week, investors began to move the other way when it comes to short bitcoin. Inflows have …

Geeq granted a US patent for the protocol’s security and scalability features

Geeq, a Canada-based blockchain company, has been granted a patent in the United States for features of its multi-blockchain, layer-zero protocol’s security and scalability systems, according to a press release. Details found in the patent’s application describe a technology termed “Proof of Honesty,” which is Geeq’s alternative to predominant proof-of-work and proof-of-stake consensus mechanisms. Additionally, Geeq alleges that its system …

Wall Street, “occupied” by the Romanians behind Crypto.ro

The Crypto.ro team from Romania went to the financial center of Wall Street in New York to film content for the Crypto.ro Academy, an educational platform about blockchain technology and crypto assets. The financial education platform will debut on October 11 and will give participants the opportunity to learn about cryptocurrencies. On Wall Street, the Romanians received the green light …

LUNC Price Increases as Binance Decides To Burn Trading Fees

In response to proposals from the LUNC community, Binance has decided to burn all fees on LUNC spot and margin trading pairs. Binance said it would send the trading fees and margin trading pairs to LUNC burn addresses. The announcement was made via a blog post on Binance’s official website. The Terra Classic community expressed dissatisfaction with an ‘opt-in button …