After four days of trading below $30,000, bitcoin surged back above $30,000 today, peaking at $30,192. Among the top 100 listed by market capitalization, only 9 saw a slight decline, while the remaining 91 maintained a positive trend. Among them, ETH rose back to a high of $1,879 after hitting a bull market low of …
Bitcoin Hits $30,000, But Why market Panic Is Intensifying? Read More »
Dune Analytics, a blockchain data Analytics platform, has launched Dune Engine V2, which overhauls the data architecture to make Dune more high-performance and scalable. Dune will enable faster integration of more new blockchain networks, while Flashbots integration is only possible with V2, and improved data pipelines and tools will support user-generated dashboards for the first …
Yesterday, May 29 news, bitcoin has fallen for 9 consecutive weeks, the longest decline on record. The S&P and NASDAQ are trading up about 10 per cent since their May 20 lows, while BTC and ETH are both trading lower and are down about 22 per cent this month, according to QCP Capital. Perhaps with …
Bitcoin has fallen for nine straight weeks, its longest streak on record Read More »
Terraform LABS launched a new version of The Terra blockchain, "Terra 2.0, "earlier On Saturday, with newly minted LUNA tokens. About 12 hours later, LUNA (flagged as LUNA2 on some exchanges) has dropped nearly 73 percent of its initial value and is trading at $5.18 as of this writing, after its earlier high of $19.54, …
Just hours after the LUNA token was relaunched, it plunged Read More »
About 2016, I attended a discussion, and there were executives related to financial supervision in the meeting. I originally thought that the chief executive would be pedantic, just afraid of this trend, or did not understand this trend, but when the chief executive spoke, it was totally different. They are very clear-eyed, listing the gaps …
The cryptocurrency market had a pretty dark month in May, with even the industry leader BTC experiencing an unprecedented eighth straight week of declines. But it was Terraform Labs' Luna, a sister coin to UST that has plunged from $85 earlier this month to almost nothing that has excited investors the most. To save Terra …
Jpmorgan on Wednesday reaffirmed bitcoin's fair value at $38,000, which is about 28% above current levels, suggesting the price could rebound sharply after the recent selloff. Jpmorgan also said cryptocurrencies have overtaken real estate as one of its preferred "alternative assets," or assets that don't fall into typical categories like stocks and bonds. The bank …
Jpmorgan reiterated bitcoin's fair value at $38,000 Read More »
2022 is expected to be the last year in which the pandemic will have a significant impact on the world. In the second half of the year, various countries and industries may gradually return to normal, of course, including the blockchain industry. I expect fed monetary policy clarity in the first quarter of 2022, particularly …
Bitcoin has fallen more than 43,600 points in the past seven months. Bitcoin briefly recovered to $30,000 and moved above the 1H MA100 average. Bitcoin, the most valuable crypto asset, has had a tough week, with its price briefly falling below $25,000, causing panic across the crypto asset market. Technical indicators suggest a possible market …
On-chain indicators point to further falls in the bitcoin market Read More »
As investors agonize over bitcoin's repeated attempts to break the $30,000 mark, a top executive at a major U.S. money management firm has made an even more alarming prediction. Scott Minerd, guggenheim's chief investment officer, said on Monday he expects bitcoin to fall further to $8,000, CNBC reported. That would leave bitcoin down more than …
Guggenheim CIO: Bitcoin will plummet another 70% to $8,000 Read More »