Tag: Cryptocurrency
Bitcoin FOMO: Social Media Users Urging to Buy Sub-$66,000 Dip Bitcoin FOMO: Buy Sub-$66,000 Dip...
Keshav, a senior writer at NewsBTC, has been following the cryptocurrency industry closely since June 14, 2021. With a background in Physics from the University of Delhi, Keshav initially pursued a degree in Physics...
8 Upcoming DeFi Trends to Keep an Eye On
DeFi, or decentralized finance, is experiencing a wave of innovation that is reshaping traditional finance through innovative protocols. While some may consider DeFi to be an established sector, it is actually still evolving rapidly,...
Limited Impact Expected from Mt. Gox Bitcoin Distribution During Market Slide
Following the recent announcement regarding the distribution of over 140,000 Bitcoin (BTC) from the defunct Mt. Gox exchange, the cryptocurrency market experienced a significant decline. Bitcoin fell below key support levels, causing concern among...
Bitcoin Price Prediction: Will it Drop Below $50K?
Renowned trader Peter Brandt recently shared his insights on the potential market movements of Bitcoin, foreseeing a challenging period followed by a significant rally. His analysis suggests that if Bitcoin drops below the $65,000...
Goldman Sachs Launches Standalone Blockchain Entity for Digital Assets Expansion
Goldman Sachs is making a big move in the world of financial technology by announcing plans to create a standalone blockchain-focused entity for its digital assets platform. This initiative, which is expected to be...
German Government Agency Transfers $425M Bitcoin to Crypto Exchanges
A German government agency recently transferred $425 million in bitcoin to another wallet, with some of the funds being sent to crypto exchange deposit wallets. The transactional data revealed that deposits worth $32 million...
Maximizing Revenue with Solana’s Record-Breaking Daily Fees & Engagement
Solana, the third-largest blockchain network by market cap, has recently experienced a surge in daily revenue and fees, reaching an all-time high of nearly $4 million in revenue over the past 24 hours. This...
Bitcoin Decouples from US Stocks Amid Supply Challenges
Bitcoin has been facing a significant price drop, plummeting over 20% from its June highs above $70,000. This decline comes as Bitcoin decouples from surging US equities, with the 90-day correlation coefficient between Bitcoin...
Wholesale CBDCs: Major Central Banks Show Interest
The Bank for International Settlements (BIS) recently conducted a survey of central banks worldwide and found that a staggering 94% of them are actively exploring the development of central bank digital currencies (CBDCs). This...
VeChain Names Anthony Day as Marketing Director
VeChain just named Anthony Day as their new Marketing Director. He's coming in with a ton of experience in blockchain, thanks to his time at IBM and Deloitte. The goal? To help VeChain grow...