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Category: bitcoin news

Bitcoin Selling Pressure Continues As Long-Term Holder SOPR Spikes Up

Posted on May 19, 2022 By root
Bitcoin Selling Pressure Continues As Long-Term Holder SOPR Spikes Up

On-chain data shows the Bitcoin long-term holder SOPR has recently observed spikes, suggesting that this cohort is still continuing to sell. Bitcoin Long-Term Holder SOPR Spiked Up When Price Crossed $30k As pointed out by a CryptoQuant post, selling pressure in the market still looks to be high as long-term holders are also looking to…

Read More “Bitcoin Selling Pressure Continues As Long-Term Holder SOPR Spikes Up” »

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FTX US Launches Zero-Commission Equities Trading Platform – Bitcoin News

Posted on May 19, 2022 By root
FTX US Launches Zero-Commission Equities Trading Platform – Bitcoin News

FTX US announced on Thursday that the firm has launched an equities trading platform called FTX Stocks which will give U.S.-based customers the ability to purchase stocks and exchange-traded funds (ETFs). The launch is currently in a private beta phase for select U.S. customers and equities can be purchased with fiat-backed stablecoins. FTX US Launches…

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Following French Montana, Son Tung M-TP, One of Vietnam’s Top Celebrity Singers, Joins Radio Caca’s USM Metaverse – Press release Bitcoin News

Posted on May 19, 2022 By root
Following French Montana, Son Tung M-TP, One of Vietnam’s Top Celebrity Singers, Joins Radio Caca’s USM Metaverse – Press release Bitcoin News

press release PRESS RELEASE. The Vietnamese music celebrity’s videos have garnered close to 2.5 billion lifetime views on Youtube. RACA Hits a High Note Radio Caca (RACA), one of the world’s leading Web 3.0 companies, today announced the collaboration between Radio Caca and Vietnamese celebrity singer Son Tung M-TP, who will join its United States…

Read More “Following French Montana, Son Tung M-TP, One of Vietnam’s Top Celebrity Singers, Joins Radio Caca’s USM Metaverse – Press release Bitcoin News” »

bitcoin news

Exchange Inflows Rock Bitcoin, Ethereum As Market Struggles To Recover

Posted on May 19, 2022 By root
Exchange Inflows Rock Bitcoin, Ethereum As Market Struggles To Recover

With the market in turmoil, digital assets such as Bitcoin and Ethereum are seeing their prices challenged in ways that have sent shivers down the spines of investors. The downtrend had triggered massive sell-offs that had sent prices towards yearly lows. Despite the volume already being sold off, sellers look to not be done yet….

Read More “Exchange Inflows Rock Bitcoin, Ethereum As Market Struggles To Recover” »

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Ethereum Prepares For Ropsten Testnet Merge As Token Struggles To Hold $2k Support

Posted on May 19, 2022 By root
Ethereum Prepares For Ropsten Testnet Merge As Token Struggles To Hold $2k Support

The Ethereum 2.0 update is generating a lot of buzz and interest, and we’re getting closer to its launch than ever before. Ethereum 2.0 Goes To Testnet Testing for Ethereum’s long-awaited Merge is progressing, though not at the rate that many had hoped. Testing on Ropsten, Ethereum’s largest and primary testnet, which has the closest…

Read More “Ethereum Prepares For Ropsten Testnet Merge As Token Struggles To Hold $2k Support” »

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Tron Moves to 1-Week High, as Thorchain’s RUNE Nears Lowest Level Since January 2021 – Market Updates Bitcoin News

Posted on May 19, 2022 By root
Tron Moves to 1-Week High, as Thorchain’s RUNE Nears Lowest Level Since January 2021 – Market Updates Bitcoin News

Tron rallied during today’s session, as it headed towards a one-week high, following recent declines. This came as Thorchain’s RUNE continued to trade lower, with today’s drop pushing prices closer to their lowest point since January 2021. Tron (TRX) Tron (TRX) surged towards a seven-day week high during Thursday’s session, as prices rebounded following a…

Read More “Tron Moves to 1-Week High, as Thorchain’s RUNE Nears Lowest Level Since January 2021 – Market Updates Bitcoin News” »

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Terra Collapse Continues to Plague Defi — Value Locked in Cross-Chain Bridges Down 20% This Month – Defi Bitcoin News

Posted on May 19, 2022 By root
Terra Collapse Continues to Plague Defi — Value Locked in Cross-Chain Bridges Down 20% This Month – Defi Bitcoin News

Following the aftermath of the Terra blockchain fiasco, decentralized finance (defi) continues to feel the impact of the project’s fallout. During the last four days the total value locked (TVL) in defi has dropped 2.61% in value, and cross-chain bridges have lost roughly 20.3% during the last 30 days. Value Locked in Cross Chain Bridge…

Read More “Terra Collapse Continues to Plague Defi — Value Locked in Cross-Chain Bridges Down 20% This Month – Defi Bitcoin News” »

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Charles Stanton, CMO Bondly Finance on Rebranding to Forj Network

Posted on May 19, 2022 By root
Charles Stanton, CMO Bondly Finance on Rebranding to Forj Network

Bondly Finance and Animoca Brands have recently announced Bondly Finance’s rebrand to Forj. Previously the brand has led the way in the NFT space through several innovative partnerships and today we’re speaking directly to Charles Stanton, the Chief Marketing Office at Forj to learn more about the launch, what changes we can expect and how Forj is…

Read More “Charles Stanton, CMO Bondly Finance on Rebranding to Forj Network” »

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Trade Minister Expects Russia to Legalize Cryptocurrency – Regulation Bitcoin News

Posted on May 19, 2022 By root
Trade Minister Expects Russia to Legalize Cryptocurrency – Regulation Bitcoin News

Cryptocurrencies will be eventually legalized, a member of the Russian government has opined. The question is when this will happen, Trade Minister Denis Manturov stated as new crypto-related legislation advanced in the State Duma this week. Crypto Legalization Is Current Trend, Russian Minister Acknowledges Cryptocurrency can be legalized in the Russian Federation, according to a…

Read More “Trade Minister Expects Russia to Legalize Cryptocurrency – Regulation Bitcoin News” »

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Time For Autopsy? Bitcoin May Plunge Further After Dive Below $30k

Posted on May 19, 2022 By root
Time For Autopsy? Bitcoin May Plunge Further After Dive Below $30k

The next bull market in Bitcoin is now building a bottom. As a result, bears continue to rule the market, sending the price of bitcoin below $29,000 in the last 24 hours. Traders expecting the bear market to conclude may have to wait longer due to unfavorable conditions. Will Bitcoin Retrace? Bitcoin is no stranger…

Read More “Time For Autopsy? Bitcoin May Plunge Further After Dive Below $30k” »

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