Short-term profit opportunities are there, but so are concerns over a “panic” sell-off still absent from BTC price charts. Bitcoin (BTC) added to its losses on Dec. 29 with a fresh tumble briefly taking BTC/USD below $46,600. BTC/USD 1-hour candle…
Autor: coinmaker
What BTC price slump? Bitcoin outperforms stocks and gold for 3rd year in a row
But concerns remain that the cryptocurrency would fall harder than its traditional rivals in 2022 on the U.S. Federal Reserve’s increasingly hawkish tones. Bitcoin (BTC) may be down over 30% from its record high of $69,000, but it has emerged…
Ready Player Me raises $13M to expand metaverse platform
The three-dimensional avatar platform seeks to expand its digital presence throughout the metaverse heading into 2022. Metaverse gaming platform Ready Player Me has announced a $13-million Series A funding led by the respective co-founders of Wise and Teleport, Taavet+Sten, with…
SEBI chief warns Indian mutual funds on investing in cryptocurrency offerings
While the regulatory environment for cryptocurrencies in India is currently murky, the country has already witnessed an exponential rise in crypto popularity. The Chairman of the Securities and Exchange Board of India (SEBI) Ajay Tyagi urged mutual funds to avoid…
Crypto makes history in 2021: Five instances of governments embracing digital assets
While 2021 surely saw a few regulatory setbacks, some governments delivered masterclasses in forward-looking crypto regulation. As digital asset prices had been hitting new historical highs in 2021, many jurisdictions were increasingly adopting cryptocurrencies like Bitcoin (BTC) and other crypto-based…
Crypto mining reportedly rises in Thailand due to Chinese crypto ban
Thailand is among the countries capitalizing on China’s crypto crackdown, with retail investors increasingly mining crypto. Retail cryptocurrency mining in Thailand has apparently received a boost due to the capitulation of Chinese miners triggered by the country’s new crypto mega…
Bitcoin wallet addresses created in November inches toward a million
Retail could be right around the corner: Bitcoin wallet addresses shot up by almost one million in November. Could retail investors be flocking back to Bitcoin (BTC)? In encouraging signs for a bullish 2022, Glassnode data reveals that 913,000 new…
‘Net neutral’ — Rising Bitcoin exchange balances could be due to Huobi Chinese user block
Binance may be seeing Bitcoin inflows, but overall, movements among major exchanges appear to cancel each other out, fresh data shows. Bitcoin (BTC) balances rising on exchanges may not be a sign of investors preparing to sell, new research argues. …
$2.5T crypto market will not wait for nations to onboard: WazirX CEO
“The question for every nation is, do they want to participate and get a share of this pie,” says WazirX CEO Nischal Shetty. Nischal Shetty, an Indian entrepreneur and CEO of crypto exchange WazirX, envisions a race between countries to…
New ProShares Metaverse ETF to track Apple, Meta, Nvidia
In late November, two Canadian metaverse ETFs started trading on the Toronto Stock Exchange on the same day. ProShares, the first company in the United States to launch a Bitcoin (BTC) exchange-traded fund (ETF), is diving into metaverse as it…