Pro Traders Are Avoiding Crypto Markets Despite Strong Performance
Bitcoin (BTC)’s massive gains this year have done little to bring crypto day traders back into the market, according to data provided by Bitstamp. Since the start of the year,…
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Crypto Bear Market Claims Scalps: These Projects Bow Out
The chilling winds of crypto winter continue to sting projects, prompting several of them to take a hard look at downsizing or ceasing operations entirely. A decentralized content-sharing and publishing…
Three Bitcoin (BTC) Price Predictions for 2023 as We Enter Q4
TL;DR CoinCodex forecasts Bitcoin could surpass $33,000 soon, while “TradingShot” anticipates a potential rise to $50,000 by year-end. Historical patterns from 2014 support the bullish prediction. Geopolitical conflicts might push…
This Cryptocurrency Soares 30% Amid Increased Whale Activity
TL;DR Loom Network (LOOM) saw a 30% price surge, reaching a 5-year high of $0.28, possibly influenced by an Upbit investor purchasing over 21M LOOM worth around $6 million. This…
Bear Market Effect: Bitcoin Addresses Holding Over 1,000 BTC Drop to a 4-Year Low
According to the blockchain data platform Glassnode, the total number of Bitcoin addresses owning 1,000 BTC or more has plunged to its 2019 levels. The entity revealed that currently, there…
First Time in 8 Months: Ethereum (ETH) Addresses in Profit Plunge to 53%
According to the blockchain intelligence platform Glassnode, the percentage of Ethereum addresses currently in profit has dropped to approximately 53.5%. The downtrend is attributed to Ether’s market performance, whose price…
Massive Crypto Market Crash Incoming? Expert Says Max Pain Ahead
While some people believe that the prolonged crypto winter is near its end, this is not the case with Messari’s CEO – Ryan Selkis. He thinks the market could suffer…
Crypto Funds See Large Outflows as Investors Lose Confidence in the Market: Bitfinex
The 70th edition of a weekly report by cryptocurrency exchange Bitfinex revealed that digital asset funds are seeing large outflows as investors lose confidence in the market. According to the…
Argo Blockchain Reduces Debt and Overall Costs, Revenue Takes a Hit (Report)
The leading cryptocurrency miner – Argo Blockchain – has reportedly decreased its debt to $75 million during the first half of the year. In comparison, it owed $143 million at…
a16z-Backed Crypto Exchange CoinSwitch Dismisses 7% of its Workforce (Report)
CoinSwitch – an Indian cryptocurrency exchange backed by the financial giant Andreessen Horowitz (a16z) – has reportedly trimmed its team by 44 people, representing 7% of the total workforce. Another…