Mt. Gox Aftermath: Market Doldrums or Continuation?
Monday's BTC price crash that accompanied Mt. Gox's public announcement of an indefinite halt on Bitcoin withdrawals has left the market suitably depressed as traders ponder Bitcoin's future. A Distributed Denial of Service attack seeking to exploit the “Transaction Malleability” vulnerabilities of many exchange wallets followed on Tuesday, but with little effect on price. BTC has been meandering in a range since coming off Monday’s lows, perhaps indicative of a more cautious and slightly grim mood in the market following the pessimistic sell-off. That this is all Mt.Gox’s fault, is an....
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The funds will be used for onboarding users and scaling Aftermath Islands’ numerous Metaverse initiatives Aftermath Islands Metaverse Limited, the development company behind the highly ambitious Aftermath Islands Metaverse project, has secured a $25 million commitment from LDA Capital Limited, a global alternative investment group. The company said that the funds will be used for a wide range of project-related campaigns and programs, from user onboarding and the development of play-to-earn opportunities to the adoption of the Aftermath Islands Metaverse and the support of Aftermath....
Foreign investors are on an exodus out of stocks in Japan as disillusionment with the country’s economic policies sets in, according to a report. The latest news comes as Japanese fintech and bitcoin startups continue to post multimillion-dollar deals, providing a small but notable ray of hope. Reuters reports that foreign investors, including large....
Bitcoin price continued to rise yesterday scoring a high of $244. The pattern of the new bullish wave has been established as we explained during our yesterday's "intraday tips" article. By analyzing the 1 day Bitfinex (BTC/USD) charts and plotting the RSI and the 20 day EMA accordingly (look at the below chart), we can conclude the following: The current bullish trend can be viewed as a continuation of the bullish wave that started on the 15th of January, if we consider that the first bullish rally had been halted by a price correction wave that triggered sideways movements for a few....
With the global crypto market in the doldrums, the focus today is on earning the highest staking yield on crypto holdings instead of selling them outright. But, the question is, which projects offer you the best earning opportunities? Well, we did all the heavy lifting to find an answer to this question. Here, we have […]
MakerDAO has voted not to compensate victims of the "Black Thursday" flash crash, a former Pantera partner is launching a new crypto-focused fund and bitcoin may be headed to the doldrums as the U.S. dollar rises.