Cryptocurrency

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3 Reasons Why Bitcoin (BTC) Might Not Retest $3,700

Avatar photoJohn P. Njui·
3 Reasons Why Bitcoin (BTC) Might Not Retest $3,700 14
In brief: Bitcoin (BTC) considerably gained in value after the Feds announced unlimited quantitative easing.  The King of Crypto has since held the crucial support of the 200 Weekly Moving Average.  The Bitcoin Halving narrative might still be intact and surprise us in the coming days.  Ever since Bitcoin (BTC)...

59% of Bitcoin (BTC) & Crypto Investors Get their News Via Telegram

Avatar photoJohn P. Njui·
59% of Bitcoin (BTC) & Crypto Investors Get their News Via Telegram 18
In brief: Crypto traders and investors have seen Telegram Messenger as a logical home for their news and discussions. A report by the team at Amun estimates that 59% of Bitcoin and Crypto investors get their Bitcoin and crypto news via Telegram messenger.  Bitcoin and Crypto investors have long used...

62% of Merchants Eye NFTs as Part of Loyalty Schemes

Rahul Nambiampurath·
merchants interested in crypto adoption
Checkout.com report shows strong merchant support for crypto payments. 62% of merchants plan to introduce digital tokens or NFTs as part of loyalty schemes. 23% of online businesses plan to offer crypto payment methods by 2024 The number of merchants and online businesses planning to introduce crypto in the near...

90% Of The Terra Community Votes Against Do Kwon’s Luna Fork Proposal

Avatar photoJuhi Mirza·
90% Of The Terra Community Votes Against Do Kwon's Luna Fork Proposal 20
TerraForm Labs CEO, Do Kwon has suggested a new forking mechanism for the Terra Blockchain Do Kwon’s fork proposal has met with intense criticism across the board with the majority of the community members voting against its implementation. In an interesting turn of events, TerraForm Labs CEO Do Kwon has...

A Theory: Bitcoin Outperformed Altcoins Due to Binance US

Nick Chong·
A Theory: Bitcoin Outperformed Altcoins Due to Binance US 23
Bitcoin Dominance Continues to Bound Higher As detailed by Ethereum World News on multiple occasions, altcoins haven’t been doing too hot against Bitcoin (BTC) as of late. In fact, ever since Bitcoin began its surge off its $3,150 lows in December, it has managed to outpace Ethereum, XRP, and so...

A Twitter-Driven Short Squeeze Propels Celsius’ CEL Token

Rahul Nambiampurath·
Celsius
CEL holders are attempting to fight off short positions and pull off a short squeeze. The token has rallied to $1.89 at the publishing, spiking noticeably over the past few days. A Canadian regulator is also reportedly investigating the company. There is more drama ensuing regarding Celsius Network as holders...