Bitcoin (BTC) has hit six-week highs and held onto its gains since — is it the start of a trend change? After passing $21,000 twice over the past week, BTC/USD is still lingering near the top of its multimonth trading range. The coming week promises to provide a fresh dose of volatility thanks to the […]
Binance Coin (BNB) has hit new all-time highs against Bitcoin (BTC) as excitement grows over the crypto’s future role on Twitter. BNB/BTC 1-month candle chart (Binance). Source: TradingView Binance Coin sets new record against BTC Data from Cointelegraph Markets Pro and TradingView confirms that BNB/BTC briefly spiked above 0.15 BTC to a record 0.15267 BTC […]
Bitcoin (BTC) asleep for up to a decade is waking up this week as BTC price action sees six-week highs. Data from on-chain analytics firm Glassnode shows some of the oldest “dormant” Bitcoin returning to circulation. BTC trends out of hibernation As BTC/USD stages something of a comeback in the second half of October, hodlers […]
Bitcoin (BTC) climbed back to $20,500 at the Oct. 28 Wall Street open as United States equities sought a stronger finish to the week. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bets of $20,000 support fail increas Data from Cointelegraph Markets Pro and TradingView showed BTC/USD capitalizing on renewed optimism as markets began trading. The […]
Blockchain technology firm ConsenSys will spend $2.4 million annually to fund its newly launched MetaMask Grants DAO aimed at driving further development of the Web3 ecosystem. The fund will be led by MetaMask employees who will manage the decentralized autonomous organization (DAO). The DAO will be responsible for issuing grants to developers working outside of […]
Crypto exchange Binance announced the launch of a new data feed network — Binance Oracle — that allows blockchain smart contracts to connect with real-world data, starting with its in-house blockchain offering, BNB Chain. For starters, Binance Oracle will allow existing decentralized applications (DApps) and Web3 ecosystem partners on BNB Chain to access existing data […]
The Bitcoin ATM operator RockItCoin announced the acquisition of Tao Bitcoin on Oct. 25. Tao Bitcoin is a regional ATM operator with 56 machines, mostly located in the south of the United States. According to the company, the acquisition was part of they company’s strategy to find value and synergies among smaller and regional players […]
Bitcoin (BTC) waited for cues at the Oct. 24 Wall Street open as expectations of a breakout ran high. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hang Seng drops most since 2008 Data from Cointelegraph Markets Pro and TradingView tracked a mundane trading day for BTC/USD after the pair hit weekly highs of $19,700 overnight. […]
Automated crypto trading bot provider 3Commas issued a security alert after identifying certain FTX API keys being used to perform unauthorized trades for DMG cryptocurrency trading pairs on the FTX exchange. 3Commas and FTX conducted a joint investigation in relation to reports from users of unauthorized trades on the DMG trading pairs on FTX. The […]
Modern decentralized exchanges (DEXs) mainly rely on liquidity providers (LP) to provide the tokens that are being traded. These liquidity providers are rewarded by receiving a portion of the trading fees generated on the DEX. Unfortunately, while liquidity providers earn an income via fees, they’re exposed to impermanent loss if the price of their deposited […]
