Bitcoin

Bitcoin Price Reclaims $20K, Can BTC Surpass The 100 SMA

Bitcoin extended losses and traded below $19,200 against the US Dollar. BTC found support near $19,000 and started an upside correction. Bitcoin traded as low as $18,916 and started an upside correction. The price is now trading above the $20,000 level and testing the 100 hourly simple moving average. There was a break above a key bearish trend line with …

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Crypto Corner: The Sports Slice

Sports and crypto continue to see major crossover, and while some deals come to an impending close, other doors have opened this past week as well. Bear markets will shake out unstable or unsustainable players, and push effective and efficient players to their brink. CeFi platforms have been falling, and with that comes question marks over sports deals, but that …

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A Digital Awards Ceremony Will Be Held in the Metaverse by Spain’s Largest Bank, Santander

A Digital Awards Ceremony Will Be Held in the Metaverse by Spain’s Largest Bank, Santander

As blockchain and cryptocurrency industries flourish, major financial organisations have become increasingly interested, with Santander preparing a metaverse awards ceremony. What’s Happening? The company announced on its website on July 7 that an awards ceremony would be held in the Decentraland metaverse on July 14 for its “Santander X Global Challenge | Blockchain.” In collaboration with the Oxentia Foundation, the …

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bitcoin bearish momentum

Bitcoin Bearish Weekly Momentum Begins To Weaken

Bitcoin price has taken a beating over the last several months, resulting in the worst quarterly close since 2011. The bearish momentum has been brutal as crippling contagion spreads across the cryptocurrency market. However, bearish momentum on weekly timeframes has begun to weaken, providing bulls with their first opportunity to capitalize in some time. Bitcoin Bearish Weekly Momentum Begins To …

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Cointelegraph Magazine

The risks and benefits of VCs for crypto communities – Cointelegraph Magazine

Traditional venture capital funds drive valuations through multiple funding rounds. Startups aim for initial public offerings or other exits. Then the sharemarket decides upon a more realistic valuation. But in cryptoland, tokens introduce market capitalization while a company is being built.This means there are a lot of competing interests and agendas. Token sales for Web3 startups can be the bastard child …

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Ethereum

Ethereum Looks Ready For Another Leg Higher Over $1,200

Ethereum is slowly moving higher towards $1,200 against the US Dollar. ETH could clear $1,200 unless it fails to stay above the $1,120 support zone. Ethereum extended gains and climbed above the $1,150 resistance zone. The price is now trading above $1,150 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near …

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The biggest data breach happened in China, claims Binance

The biggest data breach happened in China, claims Binance

More than one billion people’s personal information has been sold on the dark web, according to Binance CEO Changpeng “CZ” Zhao. Details such as names, national identities, addresses, police and medical information from an Asian country have been exposed. According to CZ, Binance has enhanced its security checks in order to safeguard users who may have been harmed by the …

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