Bitcoin and altcoins are seeing heavy selling as June 13’s massive unwinding could be the final capitulation-level event before the market finally hits a bottom. The United States equities markets extended their decline to start the week on June 13. The S&P 500 hit a new year-to-date low and dippedContinue Reading
The crypto-lending firm Celsius Network halted withdrawals and transfers, amid an apparent liquidity crisis, as the price of Bitcoin plunged to pre-pandemic levels. Celsius, which promises high-yield returns on customer deposits, appears to be the latest crypto company to buckle under tightening financial conditions. It comes just one month after the collapseContinue Reading
Ethereum’s much-anticipated Merge is finally close to fruition and that is sending ripples across the layer-1 network with investors now buying the ETH dip in hoards to avoid missing the train. Since launching the “metropolis phase” in the autumn of 2017 aimed at solving challenges that come with expansion and growth, itContinue Reading
Not even popular art collectibles could survive the wrath of the market downturn. It appears there is no respite anywhere in the crypto realm in the face of Monday’s extraordinary market sell-off. Based on data from NFT Price Floor, the floor prices for Bored Ape Yacht Club (BAYC) and CryptoPunks, twoContinue Reading
IN BRIEF SOL has fallen by 90% since its all-time high. There is long-term support between $25-26. SOL is at risk of breaking down from a descending parallel channel. PromoA New Offer from Exclusible: The Exclusible Luxury Penthouses Read now! Solana (SOL) has reached a crucial diagonal and horizontal support level. WhetherContinue Reading
A seasoned Bitcoin (BTC) trader says capitulation is right around the corner for the largest crypto asset by market cap. In a recent live stream, Tone Vays says there isn’t enough volume on the BTC markets to say we are in capitulation yet. “We’re not there yet. We’re almost there, this isContinue Reading
Many social media users seem to be waiting for other crypto exchanges, including Coinbase and Kraken, to follow in Binance’s and Celsius’ footsteps by suspending withdrawals. Major crypto exchange Binance has announced that it had resumed Bitcoin withdrawals after more than three hours amid extreme market volatility. In an updateContinue Reading
These days, startups chase VC fiat and high valuations by attracting newly-printed money but without delivering value. Bitcoin fixes this. This is an opinion editorial by Jimmy Song, a Bitcoin developer, educator and entrepreneur and programmer with over 20 years of experience. Link to the audio read of the article.Continue Reading
Binance has scored a new partnership with Triple A as its new universal crypto payment gateway for its Binance Pay feature. Binance has chosen crypto payment processor TripleA as its new universal crypto payment gateway for its Binance Pay payment feature on its mobile applications. The new partnership would playContinue Reading
Resorts World Las Vegas and Theta Labs’ partnership will see them release two packages of composite NFTs that will offer luxury experiences. Resorts World Las Vegas and Theta Labs have teamed up to release composite NFTs that will offer luxury experiences to buyers. The composite NFTs — essentially NFTs withinContinue Reading