Category Archives: Coins

According to Bloomberg, the bulls have hit a snag after an impressive rally that ultimately sent the price of Bitcoin to its three-month high of $10,428 on June 1. Its proprietary indicator shows that the top cryptocurrency is in the midst of forming ‘a selling pattern.’ image by bloomberg.com card $9,300 or $10,000? Meanwhile, cryptocurrency trader Scott Melker […]

According to data provided by blockchain analytics company Santiment, a significant portion of idle coins is changing addresses, which is usually preceded by a spike in Bitcoin’s volatility. Its proprietory Token Age Consumed indicator is showing its highest reading in 40 days.   When it spiked 18.1 mln on Apr. 29, the price of Bitcoin […]

In yet another bullish Bitcoin tweet, Mike McGlone of Bloomberg Intelligence says that the price of the leading cryptocurrency is expected to continue appreciating, according to ‘volatility and correlation measures.’ image by @mikemcglone11 The high-profile commodity strategist adds that the maturation process of the cryptocurrency that started it all has been accelerated by ‘unprecedented’ central bank […]

U.S. Federal Reserve officials have voted to keep interest rates unchanged during their June 9-10 meeting, CNBC reports. Moreover, they were predicted to remain close to zero until 2022 by the central bankers. During that period, the U.S. economy is expected to recover from the pandemic-induced blow that is projected to shrink it by 6.5 percent in 2020.  […]

Hyperledger, the Linux Foundation’s open source umbrella project, has announced partnerships with eight new organizations. The community, which was founded in 2015 to advance cross-chain blockchain technologies, has linked up with IOV Labs, DB Systel GmbH, and IOHK, the development company behind Cardano. Putting Blockchain to Work Around the World Reflecting on recent challenges caused […]

The founder of Cardano, one of the most popular blockchain platforms, stated that he is often impersonated by con artists on Twitter who scam money out of other users.  Mr. Hoskinson believes that if Twitter gave him a blue check mark, it would be able to prevent daily scams that use Hoskinson’s name. Charles Hoskinson fails to get […]

According to the Bloomberg Galaxy Crypto Index, the Bitcoin and other top cryptocurrencies are currently in a negative trend. The index is struggling to break above the 400 level after numerous days of sideways trading. image by bloomberg.com Bitcoin and Ethereum comprise 60 percent of the index’s weighting, with XRP coming in third place (20.59 percent).   […]

On June 23, 83 percent of all Bitcoin addresses are currently in profit, according to Glassode data. This is a 43 percent increase from the 2020 low of 45 percent that followed Bitcoin’s third-biggest daily price drop in history that terrified the industry on March 12.   image by studio.glassnode.com Related The bulls have more room […]

Peter Schiff, the CEO of Euro Pacific Capital who’s known for his unpopular bearish views on Bitcoin, is convinced that the flagship cryptocurrency is never touching $25,000, according to his recent tweet. This is the lowest price point posted by in a poll RT host Max Keiser that is meant to determine when the ferocious […]

According to data provided by Glassnode, 61.33 percent of Bitcoin’s circulating supply hasn’t been touched in more than one year. It surpassed a previous all-time high of 61.28 percent that was registered on Jan. 15, 2016 when the BTC price was changing hands at $362.      card What Bitcoin’s price history has to say Last time […]