Bitcoin steadies below $17K, but this analyst recommends a key indicator for a reversal
Bitcoin was steady below $17,000 on Tuesday A crypto analyst suggests a crossing of price above the 200-day as a bull signal Bitcoin still lacks...
Why are Bitcoin miners struggling so much? Core Scientific file for bankruptcy
Key Takeaways Core Scientific was worth over $4 billion last summer, but is down 985 form all-time highs Rising electricity costs are hiking costs with...
Most of the Bitcoin supply is now loss-making
Key Takeaways Bitcoin was the best performing asset class between 2011 and 2021, but the year 2022 has brought nothing but pain After rising 14X...
Waves planning to launch new stablecoin amid USDN crisis
Waves-backed stablecoin Neutrino USD (USDN) lost its dollar peg and is currently trading at $0.5411. The new stablecoin will be undepeggable. A USDN situation resolution...
The new FTX management has located $1B in assets, including $720M cash
Poor record keeping is making the unwinding of the collapse FTX exchange difficult. The new FTX management is trying to trace millions of dollars from...
Celsius to return customer funds as January auction attracts 30 bidders
Celsius Network is set to hold auctions for its assets in January 2023. 30 potential bidders have already signed non-disclosure agreements. The crypto lender has...
Paxful removes Ethereum (ETH) from its platform
Paxful CEO has called Ether a form of fiat. He also cited the Ethereum network’s switch to proof-of-stake validation from proof-of-work. As a result, the...
XRP holders’ with 1M to 10M coins accumulate to record highs
XRP whales and sharks bought more coins in December to bring total addresses and percentage of supply to new highs. Large holders appear strongly bullish...
MyConstant ordered to cease crypto-lending services in Califonia
California Department of Financial Protection and Innovation (DFPI) has ordered MyConstant to cease offering some products. The DFPI had warned in July that it would...