The long-term Bitcoin trend indicators, the 200-day and 200-week moving average, are at the highest-ever levels with Anthony Pompliano saying BTC is “as strong as ever.” Bitcoin’s 200-day moving average is at an all-time high of $50,178, a key technical indicator for predicting long-term Bitcoin price trends suggesting a bullish long-term outlook. The indicator hit…
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Tom Brady copped heat from comedians for his role in partnering with the now-defunct crypto exchange FTX. Former pro footballer Tom Brady was grilled by comedians and former teammates during a Netflix-streamed roast and quips about his role in promoting the bankrupt crypto exchange FTX were some of the most viral to emerge on social…
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Franklin Templeton thinks Solana could be in the top three largest cryptocurrencies, with the blockchain’s tech in a good place to catch the next crypto wave. Solana ‘well positioned’ to be a big 3 crypto: Franklin Templeton Solana — once thought “dead or forgotten” — is in a good place to become the third-largest cryptocurrency…
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An average of 178,475 daily transactions have been made on Bitcoin in its 5,603 day existence. The Bitcoin network has processed its one billionth transaction — marking a huge milestone moment for the network 15 years after its creation. Clark Moody’s Bitcoin dashboard shows that transaction 1,000,000,000 had been reached, which was mined into block 842,241 at 9:34 pm…
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It is the first time since late 2022 where the industry has recorded two consecutive funding months above $1 billion. Crypto venture capital funding has topped $1 billion for the second consecutive month this year. April’s $1.02 billion in funding came across 161 investment rounds in April, marking a minor fall from the $1.09 billion…
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Deribit exchange data reveals that the put-to-call ratio for Bitcoin options contracts is currently at 0.50, with a maximum pain point of $61,000. Bitcoin and Ether options contracts worth a combined $2.4 billion are set to expire on May 3, which could lead to increased market volatility. A Bitcoin options contract is a derivative contract that allows…
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The platform was utilized to launder funds acquired from various criminal activities, including computer hacking, ransomware attacks and drug trafficking. Alexander Vinnik, the co-founder of the crypto exchange BTC-e, has pleaded guilty to money laundering conspiracy. This follows a broader investigation revealing extensive illegal activities on the exchange from 2011 to 2017. In a May…
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His commentary touched on the zkSnacks shutdown, free speech and the proper treatment of farm animals. Edward Snowden, a former contractor for the United States National Security Agency accused of espionage after leaking classified information, had a busy day on the X social media app on May 2, when he seemed to have a modicum…
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Mr. 100, an entity previously identified as Upbit, has bought over $147 million worth of Bitcoin for the first time since the halving, suggesting an end to the current retracement. The Bitcoin whale entity nicknamed “Mr. 100” has bought the Bitcoin dip for the first time since the Bitcoin halving. Meanwhile, multiple market analysts suggest that…
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Coinbase’s stock price has surged since the company’s first-quarter earnings report. Will its Base offering be enough for investors to sustain the momentum? Coinbase’s first-quarter earnings report — released May 2 — indicated the company has been thriving thanks to a vibrant market for Bitcoin and Ethereum over the last several months. However, the numbers indicated…
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