Bitcoin, the world's leading cryptocurrency, recently witnessed a swift price drop, plunging to $27,715 on the Bitstamp exchange after shedding approximately 2% of its value in just a matter of minutes. Analytics firm 100eyes Crypto Scanner issued an abnormal volatility alert in response to the drop.Another blockbuster jobs report The recent U.S. jobs data is believed to be the culprit behind the recent price drop. The job market showed its ...
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A Dogecoin whale has transferred over 103 million DOGE from the popular trading platform Robinhood. This comes after the chief meme coin experienced a significant price uptick. A month of notable transactions November has been a busy month for Dogecoin, with several substantial transactions recorded. Whale Alert, a service that tracks large cryptocurrency transactions, reported various significant transfers involving Dogecoin. On Nov. 15, a tr...
Plena Finance, a company specializing in blockchain technology, has recently expanded its cryptocurrency super app to include new tokens such as SOL, SHIB, and XLM. This development allows users to engage in asset swaps and transactions with these additional tokens. The app is known for combining elements of self-custodial wallets with the ease of centralized applications.Plena’s tech gimmicksA notable feature of Plena's offering is PlenaGPT, ...
Founder of Cardano, mathematician and billionaire Charles Hoskinson, has taken to the X social media platform to share his take on the recently released book on the scandalous collapse of the FTX crypto giant in November last year.The book is called "Going Infinite," and it was written by Michael Lewis, the author of "The Big Short" bestseller, which provided the basis for the 2015 movie starring Brad Pitt, Christian Bale and Steve Carrel.Ca...
Alex Dovbnya
Bitcoin has managed to cross the $31,000 level first since July
Bitcoin, the world's leading cryptocurrency, has surged to an intraday high of $31,303 on the Bitstamp exchange.This is the first time that the flagship cryptocurrency has ascended past the much-coveted $31,000 mark since July.Significance of the $31,000 threshold The $31,000 price level for Bitcoin carries considerable weight in the cryptocurrency community. Anal...
Alex Dovbnya
Fidelity’s Jurrien Timmer has analyzed Bitcoin’s potential as a diversifying asset in traditional portfolios
Jurrien Timmer, Fidelity's director of global macro, has shed light on Bitcoin's evolving relationship with traditional investment assets, positioning the cryptocurrency as a potential diversifier in modern investment portfolios. In a series of posts on the X social media network, Timmer analyzed Bitcoin's correlation to...
Dogecoin (DOGE) has seen a notable increase in both its price and transaction volume. According to Santiment, a prominent crypto analytics firm, Dogecoin has experienced a modest 5% surge, standing out during a predominantly bearish day.This surge is backed by an impressive $665 million in on-chain transaction volume, marking the highest level seen in the past three months. Additionally, there has been a significant increase in the number of D...
John Bollinger, the renowned trader behind the Bollinger Bands trading tool, has recently voiced his concerns regarding Litecoin's performance in comparison to its more prominent counterpart, Bitcoin. Bollinger's analysis comes as the crypto market shows signs of recovery, with Litecoin itself seeing a notable uptick in the last 24 hours.Is a price reversal on the horizon? In technical analysis, a "2 bar reversal" is a pattern that indicates ...
Vladislav Sopov
Team of Project Catalyst, largest decentralized incubator on Cardano (ADA), shared details of its latest round
Cardano (ADA), the second-largest proof-of-stake (PoS) blockchain by market captalization, has just finished its decentralized funding initiative, Project Catalyst. Its tenth iteration set an impressive number of record-breaking highs in key metrics.Over two million ADA votes in 10 rounds: Major milestones for Proje...
