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Bitcoin wrestles with key technical indicators as $28k proves a formidable resistance

Quick Take Bitcoin is currently grappling with a pivotal price point With a value just shy of $28,000, it is up against several short-term technical indicators The 200-week moving average now stands
Blockchain

South Korea’s Upbit Wins Singapore Licence Approval

South Korea’s Upbit cryptocurrency exchange gained in-principle approval for a Major Payment Institution (MPI) licence in Singapore  The licence enables Upbit, South Korea’s leading
Blockchain

By The Numbers: Bitcoin Hashrate Poised To Complete 100% Growth In 2023

As analysts continue to debate the future of the flagship cryptocurrency, Bitcoin, the network’s hashrate has seen exponential growth, with this key indicator poised to experience an 100% increase
Blockchain

FTX’s Sam Bankman-Fried Makes Demands Of The Court Again, What Does He Want?

Former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), and his lawyers have once again made certain requests of the judge as SBF’s trial heads into its third week This time, one of
Blockchain

Crypto payment option for Honda cars only works via third-party platform

FCF Pay’s X account has been suspended amid circulating misreporting about its “partnership” with Honda, which
Blockchain

FTX liquidators stake $150M in Ethereum and Solana tokens during weekend

On-chain data shows that FTX liquidators staked much of their Ethereum (ETH) and Solana (SOL) holdings over the weekend $30M in Ethereum staked Per Etherscan data, the bankrupt crypto exchange staked
Blockchain

Next Cryptocurrency to Explode Monday 16 October – Meme Kombat, Loom Network, Trust Wallet Token

The global crypto market turned its fortunes around and substantially increased its overall market capitalization It soared to $108 trillion, gaining 258% in the last 24
Blockchain

Saudi Arabia’s Central Bank Governor Wants IMF to Get Involved With Crypto and Provide Regulation

Ayman Alsayari, Saudi Central Bank’s (SAMA) governor, encouraged the International Monetary Fund (IMF) to significantly regulate digital currencies The #Saudi Central Bank (@SAMA_GOV) Governor
Blockchain

Shiba Inu Price Spiral: 91% Of Investors Brace For Significant Losses

Shiba Inu (SHIB) holders are not exempt from the turbulence of the market in recent weeks Analyzing the current state of affairs for holders of the meme coin, it becomes apparent that the
Blockchain

Bitcoin’s rally near $28,000 sparks $75 million in market liquidations

Quick Take Bitcoin exhibited a price surge of more than 25% in the last 24 hours and an overall increase of 4% across the weekend, positioning it just under the noteworthy $28,000 mark This uptick in
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Former Bitmex Chief Expects Bitcoin to Trade Within $60K-$70K Range Until August

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Former Bitmex CEO Arthur Hayes predicts bitcoin will range-bound trade between $60,000 and $70,000 until August “The slow addition of billions of dollars of liquidity each month will dampen

Bitcoin Relative Strength Jumps To 40%: 10x Research Reveals Next Steps From Here

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Crypto research platform 10x Research recently noted that the Bitcoin Relative Strength has jumped to 40% In line with this, they provided insights into what major moves the flagship crypto might

Grayscale Spot Bitcoin ETF Turns Positive After $17.5 Billion In Outflows, Sees Inflows For The First Time

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In a rather shocking development, Grayscale Bitcoin Trust (GBTC) has recorded its first-ever inflow after witnessing significant daily outflows since its launch  Grayscale Bitcoin ETF Records Over

Block Is Buying Bitcoin Every Month for Its Balance Sheet

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Block Inc has announced its strategy of regularly purchasing bitcoin for its corporate balance sheet via dollar-cost averaging (DCA) The company plans to allocate 10% of its monthly gross profit from

Shiba Inu Scores Another Major Listing That Could Send Price Flying

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Shiba Inu has scored another major listing as PayPal users within the United States can now buy the dog-themed cryptocurrency through MoonPay, opening up new avenues for adoption and potentially
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