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Blockchain
DXY bounces at major support, reducing Bitcoin’s chance at breaking the $17.2K resistance
On Dec. 2, the United States dollar index (DXY), an index that measures the dollar's strength against a basket of top foreign currencies, reached 104.40 which was…
Bitcoin Miners Struggling as BTC Shrimp Addresses Hit New High
The Bitcoin miners are in trouble as the bear market intensifies, whereas the shrimp addresses hit a new high.
After a new all-time high of $69,000 in Nov. 2021,…
Hash Ribbon Reversal Confirms Bitcoin Miner Capitulation Phase
Hash ribbons have just formed a death cross which has been a leading indicator for Bitcoin miner capitulation in previous cycles.
Hash Ribbon…
Tokenized government bonds free up liquidity in traditional financial systems
A handful of government-backed financial institutions have been exploring tokenization use cases to revolutionize traditional financial systems. For instance, El…
Bitcoin new ‘worst case scenario’ puts BTC bear market bottom near $6K
Bitcoin (BTC) still risks a drop to below $7,000 this bear market, the latest worst case scenario prediction warns.In its latest livestream broadcast on Nov. 24,…
Mt. Gox Bitcoin Awakened as 10,000 BTC Begins to Move
Seven-year-old Bitcoin has been reawakened as a crypto wallet linked to the infamous Mt. Gox hack started moving currency.
A Bitcoin wallet attributed to the…
Coinbase CEO Assures Fully Backed Bitcoin Reserves, CZ Deletes Doubtful Tweet
Coinbase CEO Brian Armstrong quelled concerns about the state of his company’s Bitcoin holdings on Tuesday, following doubtful suggestions from…
FTX ordered to pay reimbursement fees to Bahamian regulators
The bankrupt cryptocurrency exchange FTX’s trouble continues to mount with each passing day, with the latest coming from the Bahamas, once its headquarters.The…
El Salvador Will Buy Bitcoin Daily, Says Unfazed President Bukele
El Salvador President Nayib Bukele announced that the country would start buying Bitcoin on a daily basis from Nov. 18, and likened the collapse of FTX to a…
Charlie Munger Bashes Bitcoin Again, Says It’s Good for Kidnappers
The American billionaire investor Charlie Munger reiterated his negative tone on the crypto sector, saying bitcoin stimulates child prostitution,…