MicroStrategy’s Lightning Network solutions include Satoshi-powered incentives for marketing and website cybersecurity.
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MicroStrategy to offer Bitcoin Lightning solutions in 2023
MicroStrategy’s Lightning Network solutions include Satoshi-powered incentives for marketing and website cybersecurity.
California regulator warns of 17 crypto websites suspected of fraud
The last time the DFPI sent out such a large batch of crypto scam alerts was in June when it sounded the alarm over 26 dubious crypto platforms.
What to expect from crypto the year after FTX
Users are still seeking to move their funds away from centralized exchanges, paving the way for blockchain-based alternatives to thrive.
Which celebrities joined and left crypto in 2022?
Sports players, movie stars, models, musicians; the gang's all here, with more celebrities entering the blockchain space with each passing month. Will that trend continue in 2023?
Bitcoin price bottom not in, data says as whale orders hit 2-year low
A lack of excitement on order books is just one sign that downside volatility could easily resume, says Material Indicators.
Bitcoin price bottom not in, data says as whale orders hit 2-year low
Bitcoin (BTC) is not about to bottom at just below $17,000, warns a new analysis as bid liquidity dries up.
In social media posts after Christmas, on-chain analytics resource Material Indicators flagged waning interest in protecting the current BTC price range.
Binance order book leaves “not much to be excited about”
With volatility still largely absent from Bitcoin markets, analysts are keenly eyeing what could happen at this week’s yearly close.
The closing price for BTC/USD on Dec. 31 will also mark the conclusion of the weekly and quarterly candles, and any flash volatility could turn 2022 into a nightmarish bear market year.
As Cointelegraph reported, the pair is currently down around 60% year-to-date, while it has lost 76% versus its latest all-time high from November 2021.
Price analysis 12/28: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI
Bitcoin and select altcoins have turned down from overhead resistance levels, indicating that bears remain in control.
Price analysis 12/28: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI
Gold has been an outperformer in 2022 compared to the United States equities markets and Bitcoin (BTC). The yellow metal is almost flat for the year while the S&P 500 is down more than 19% and Bitcoin has plunged roughly 64%.
The sharp fall in Bitcoin’s price has hurt both short-term and long-term investors alike. According to Glassnode data, 1,889,585 Bitcoin held by short-term holders was at a loss as of Dec. 26 while the loss-making tally of long-term holders was 6,057,858 Bitcoin.
Daily cryptocurrency market performance. Source: Coin360In spite of gold’s good showing and Bitcoin’s dismal performance in 2022, billionaire investor Mark Cuban continues to favor Bitcoin over gold. While speaking on Bill Maher’s Club Random podcast, Cuban told Maher, “If you have gold, you’re dumb as fuck.” He advised Maher to “just get Bitcoin.”
Could Bitcoin lead a recovery in the final few days of the year or will the crypto markets close the year with a whimper? Let’s study the charts of the top-10 cryptocurrencies to find out.
BTC/USDT
Bitcoin has been stuck inside a tight range between $16,559 and the 20-day exponential moving average ($16,877) for the past few days. This indicates that both the bulls and the bears are lying low during the holiday season.
Price analysis 12/28: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI
Bitcoin and select altcoins have turned down from overhead resistance levels, indicating that bears remain in control.
MicroStrategy adds to Bitcoin stake despite steep loss
The firm's Bitcoin holdings have declined 45% from their average purchase price of $30,397.
MicroStrategy adds to Bitcoin stake despite steep loss
The firm's Bitcoin holdings have declined 45% from their average purchase price of $30,397.
Bitcoin beats Tesla stock in 2022 as BTC price heads for 60% losses
Bitcoin may in line for worse losses in the new year, analysts say, but BTC price action has a least fared better than TSLA.
Bitcoin beats Tesla stock in 2022 as BTC price heads for 60% losses
Bitcoin (BTC) circled $16,750 after the Dec. 28 Wall Street open after stocks dragged markets lower.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin analysts stick to downside fears
Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it recovered from local lows of $16,559 on Bitstamp.
After days of barely any movement up or down, Bitcoin finally saw a flicker of action as traditional markets opened after the Christmas break. Unfortunately for bulls, volatility was to the downside, with BTC/USD seeing its lowest levels since Dec. 20.
On equities markets, United States indexes improved after a weak first day, which nonetheless failed to leave much of an impression on BTC commentators, many of whom stuck to grim short-term price forecasts.
“I can't stress this enough,” Toni Ghinea wrote in part of a Twitter update.
China's first national NFT marketplace to launch next week: Report
The state-backed platform will serve as a secondary market for NFTs and digital asset copyrights.
Scammers impersonate US State Department, claiming to help affected FTX users
The Oregon Division of Financial Regulation urged investors to do due diligence before putting their funds on any crypto platform.
‘Make sure Ethereum wins’ — Steve Newcomb reveals zkSync’s prime directive
Steve Newcomb is a Silicon Valley veteran with a long list of achievements. He built software for trading energy in the 90s, was a pioneer in adding email to phones, and helped create the back end of the Bing search engine under Peter Thiel’s mentorship. Today, he heads up development for Berlin-based Matter Labs, which is building scaling solutions for Ethereum.
“I was very much a skeptic” when it came to cryptocurrency and blockchain, explains Newcomb, zkSync’s chief product officer. He adds that it took two years of study before he understood the topic and the benefits to his satisfaction.
Calculating that Ethereum had a 65% market share of the layer-1 market, Newcomb was convinced that it held the greatest promise in becoming the de facto “world computer.” But he describes blockchain as being slow and cumbersome today as the internet was 25 years ago, so he set to work scaling it up to one day to become as fast as Web2 is now.
Newcomb developed the back end of Bing with investment from Peter Thiel. Source: TelegramLayer 2s to the rescue
As a veteran of the dot-com era, Newcomb sees the current state of the blockchain environment — not just Ethereum — as similar to that of the internet in 1995, when the World Wide Web’s 25,000 websites could be accessed by average dial-up speeds of less than 30 kilobits per second.
“It’s slow as molasses. Our very well-known ‘Ethereum internet computer’ that claims to have the power to change the world runs at a grand total of 15 transactions per second, and we have 4,000 legitimate projects on Ethereum — very, very similar to 1995.”
