adx adx Bitcoin initially dropped a bit on Tuesday but found buyers to turn things around and show signs of life again. By doing so, you could make a little bit of an argument for a “double bottom” trying to form, but at this point I think the most important thing to pay close attention to … Read more
In a period of market downturns, rumors of crypto bans and decentralized finance, or DeFi scams, blockchain enthusiasts can be sensitive to the smallest abnormalities within projects they follow and sometimes erroneously fear for the worse. The day prior, CertiK, a leading cybersecurity ranking platform in the blockchain space, issued a warning via Twitter … Read more
Bitcoin can be an important tool for learning about economics and computer science, especially as the broken education system struggles through the COVID-19 pandemic. As Mark Twain once said, “I have never let my schooling interfere with my education.” Back to school book shopping guide for learning all about bitcoin. Your back-to-school shopping guide … Read more
As price action bewilders market makers and traders, experts in the crypto industry reached an agreement on several important points last week. Notably, centralized finance (CeFi) and decentralized finance (DeFi) can coexist and a “blend” of financial products and services will be available to users in the future. Last Wednesday, Cointelegraph moderated the panel … Read more
All cryptocurrencies other than Bitcoin (BTC) were first described as altcoins for a single reason: There was a rise of projects that copied and pasted Bitcoin’s source code. The cryptocurrencies in the early stages weren’t unique enough to have a distinctive term, so “altcoin” (alternative coins) best fit their description. The community, at that … Read more
Bitcoin (BTC) price continues to sell-off and the knock-on effect is an even sharper correction in altcoins and decentralized finance (DeFi) tokens. At the time of writing, BTC price sunk to its lowest level in six months and most analysts are not optimistic about an immediate turnaround. Here’s a check-in with what analysts have … Read more
How to sell Bitcoin: 5 ways to ‘cash out’ your BTC holdings “How do you sell Bitcoin?” is one of the first questions that arise when people become interested in buying cryptocurrencies, since getting your money out is just as important as investing. Selling Bitcoin (BTC) can be similar to buying Bitcoin, except in … Read more
Former Goldman Sachs hedge fund manager and cryptocurrency bull Raoul Pal claimed in a tweet that he now only owns a single Bitcoin (BTC). As the claim was made in the heat of a Twitter fight with self-proclaimed “Bitcoin strategist” Greg Foss, it’s not entirely clear whether it’s an exaggeration or an accurate statement … Read more
304 days or roughly nine months ago, 42 companies held bitcoin on their balance sheet with an aggregate total of 1,350,073 bitcoin on March 1, 2021. Today, metrics indicate there are 59 companies, a few countries, and exchange-traded funds (ETFs) with 1,499,493 bitcoin held in treasuries. Private and Public Companies, ETFs, and Countries — … Read more
Bitcoin’s (BTC) volatility has been shrinking in the past few days. The standard deviation of daily Bitcoin returns for the last 30 and 60 days as calculated by the Bitcoin Volatility Index is at 2.63%, the least volatile it has been since November 2020. Generally, tight ranges are followed by strong price expansions. In … Read more