3 reasons why Bitcoin is likely heading below $16,000
[ad_1] December will likely be remembered by Bitcoin’s (BTC) fake breakout above $18,000, but apart from that brief overshoot, its trajectory was entirely bearish. In fact, the downward trend that currently offers an $18,850 resistance could bring the BTC price below $16,000 by mid-January. Bitcoin/USD price index, 12-hour. Source:...
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What’s Next for Crypto after the Chaos of 2022?
[ad_1] No doubt, 2022 has been a hectic year for the global cryptocurrency industry. At the start of the year, the market capitalization of the global cryptocurrency industry stood at $2.19 trillion dollars. However, the market cap collapsed by 63% to about $820.7 billion by mid-June, bearing scars of...
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Dogecoin To Remain Above These Levels To Turn Around
[ad_1] The Dogecoin price had recently faced intense selling pressure; however, over the last 48 hours, DOGE showed signs of recovery. At the moment, however, the meme coin was consolidating on its daily chart. In the past week, the Dogecoin price has slipped almost 4%. As Bitcoin depicted positive...
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Alameda wallets funnel over $1.7M via crypto mixers overnight
[ad_1] 30 cryptocurrency wallets linked to Alameda Research, the bankrupt sister company of crypto exchange FTX, became active on Dec. 28 following four weeks of inactivity. These wallets swapped and mixed over $1.7 million worth of crypto assets through various crypto-mixing services. Crypto mixers are often used by market...
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Gemini, Winklevoss Twins Face Class-Action Lawsuit
[ad_1] Crypto exchange Gemini and its owners, Tyler and Cameron Winklevoss, were sued by investors with a class-action lawsuit over the interest-bearing accounts, which promised up to 7.4 percent yield Yield A yield is defined as the earnings generated by an investment or security over a particular time period....
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Is Crypto a Cultural Movement?
[ad_1] Spend too much time on crypto Twitter (known in affectionate shorthand as CT), or in the tangled web of associated blogs, podcasts and online publications that revolve around crypto, and you can start to feel like you’re in a different world. Grab your copy of our latest Quarterly...
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Terra Classic (LUNC) Crashes 11% After This Binance Change
[ad_1] The Terra Classic (LUNC) price has been boosted in recent days by a rumor that the world’s second-largest exchange, Coinbase, might buy and list the token. As NewsBTC reported, the rumor originated from an anonymous source in the Terra Classic community. However, the credibility of the rumor is...
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SBF borrowed $546M from Alameda to fund Robinhood share purchase
[ad_1] Sam Bankman-Fried, the disgraced founder of cryptocurrency exchange FTX, borrowed over $546 million from the exchange’s sister firm Alameda Research to fund his purchase of Robinhood shares. Those same shares were later used by Bankman-Fried as collateral for a loan taken by Alameda from BlockFi, one of the...
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OKX Broadens DApps Offering, Partners with DappRadar
[ad_1] OKX, the leading crypto exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief...
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Why USDT Is Plunging While Other Stablecoins Are Not
[ad_1] Stablecoin adoption has grown immensely, observed especially following the collapse of Terra. USDC and USDT have seen sizeable growth, but USDT has a lot of keeping up to do with its value plunging as of press time. USDT trades at $0.09999 as of this writing Stablecoin waning in...
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