For starters, Binance Oracle will allow existing decentralized applications and Web3 ecosystem partners on BNB Chain to access data sources and advanced computations.
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Why is the crypto market up today?
Bitcoin (BTC) volatility is finally giving BTC bulls what they want — but why now?
After drifting lower for months and spending recent weeks in a tiny trading range, BTC/USD has delivered 24-hour gains in excess of 7%.
Hitting its highest levels since mid-September, the largest cryptocurrency is rewarding those who refused to sell and punishing shorters to the tune of around $1 billion.
The change of trend has come quickly and caught many by surprise, as evidenced by that liquidation tally.
Behind the scenes, however, little has changed — macroeconomic conditions have not undergone major upheaval compared to a week ago, and internal problems for Bitcoin, such as miner strain, remain the same.
Why is the crypto market up today?
Bitcoin price is back at six-week highs and BTC is targeting $21,000 — here are three reasons why the crypto markets are surging.
Why is the crypto market up today?
Bitcoin (BTC) volatility is finally giving BTC bulls what they want — but why now?
After drifting lower for months and spending recent weeks in a tiny trading range, BTC/USD has delivered 24-hour gains in excess of 7%.
Hitting its highest levels since mid-September, the largest cryptocurrency is rewarding those who refused to sell and punishing shorters to the tune of around $1 billion.
The trend change came quickly and caught many by surprise, as evidenced by that liquidation tally.
Behind the scenes, however, little has changed — macroeconomic conditions have not undergone major upheaval compared with a week ago, and internal problems for Bitcoin, such as miner strain, remain the same.
Next Bitcoin rally to start in Q2 2023 — Mark Yusko explains why
The anticipation of the next Bitcoin halving will spark a crypto rally in 2023 regardless of the grim macroeconomic picture, according to hedge fund manager Mark Yusko.
Crypto City: Guide to San Francisco Bay Area
This “Crypto City” guide looks at the San Francisco Bay Area’s crypto culture, its most notable projects and people, its financial infrastructure, which retailers accept crypto, and where you can find blockchain education courses. You really might leave your heart in San Francisco with all the projects in the Bay Area.
Fast facts
City: San Francisco
Country: United States
Population: 887,711
Founded: 1776
Crypto City: Guide to San Francisco Bay Area
This “Crypto City” guide looks at the San Francisco Bay Area’s crypto culture, its most notable projects and people, its financial infrastructure, which retailers accept crypto, and where you can find blockchain education courses. You really might leave your heart in San Francisco with all the projects in the Bay Area.
Fast facts
City: San Francisco
Country: United States
Population: 887,711
Founded: 1776
Crypto City: Guide to San Francisco Bay Area
This “Crypto City” guide looks at the San Francisco Bay Area’s crypto culture, its most notable projects and people, its financial infrastructure, which retailers accept crypto, and where you can find blockchain education courses. You really might leave your heart in San Francisco with all the projects in the Bay Area.
Fast facts
City: San Francisco
Country: United States
Population: 887,711
Founded: 1776
BitPay to introduce USDC and ETH payments on Polygon network
Polygon-bridged cryptocurrencies like Ether, USDC, DAI and Wrapped Bitcoin are coming to BitPay later this week.
BitPay to introduce USDC and ETH payments on Polygon network
Polygon-bridged cryptocurrencies like Ether, USDC, DAI and Wrapped Bitcoin are coming to BitPay later this week.
Bitcoin miners rethink business strategies to survive long-term
A look at why some Bitcoin miners continue to thrive in the bear market while others need to rethink their strategies in order to continue operations.
Ethereum is ahead of Bitcoin this rally — But ETH price still risks 20% crash against BTC
Ether has entered a bearish range that preceded a 35% price crash in the April–May 2022 session.
Ethereum is ahead of Bitcoin this rally — But ETH price still risks 20% crash against BTC
Ethereum’s native token, Ether (ETH), recorded better gains than Bitcoin (BTC) over the past 24 hours despite the latter finally rising above the key $20,000 level.
Ether beats Bitcoin in risk-on rally
On the daily chart, Ether jumped approximately 14% to reach its weekly high of $1,554 (data from Binance) on Oct. 26. Bitcoin underwent a similar rally, but its week-to-date profits are just 6% by comparison.
The ETH/BTC pair gained around 8%, climbing as high as 0.075 BTC on Oct. 26.
ETH/BTC daily price chart. Source: TradingViewThe boom across the top crypto assets has been synchronous with the United States stock market’s winning streak since Oct. 24. It also came on the backdrop of a weaker U.S. dollar index, which has been typically trading inversely to the crypto market since March 2020.
Bear fractal alarm
ETH/BTC’s latest price rally has taken it to a range that preceded a 35% correction in the April–May 2022 session (marked as “R1” in the chart below) and was instrumental in limiting its upside prospects in August–September 2022 (marked as “R3” in the chart below).
Google feels the bear market as crypto ads revenue slips since July
Alphabet’s revenue from Google advertising was down in Q3 2022, with decreased search spending from financial services and cryptocurrency subcategories highlighted.
Google feels the bear market as crypto ads revenue slips since July
Alphabet’s revenue from Google advertising was down in Q3 2022, with decreased search spending from financial services and cryptocurrency subcategories highlighted.
The UK has a new name for stablecoins and a new bill to regulate crypto
The proposal is another ripple of recognition for the Bitcoin, crypto and digital assets industries in the United Kingdom.