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Home2022May

Month: May 2022

Market Analysis

Treatment Centers Launch Rehabilitation Programs for Crypto Trading Addiction

May 4, 2022 0

As gambling addiction has gained legitimacy in recent years, treatment centers have started treating addiction to cryptocurrency trading similarly. Once only a peripheral perspective, psychiatrists have recently taken to validating addictive disorders involving behaviors. These […]

‘Smart Money’ Is Staking ETH on Rocket Pool and Selling ENS, Nansen Data Suggests
Regulation

‘Smart Money’ Is Staking ETH on Rocket Pool and Selling ENS, Nansen Data Suggests

May 4, 2022 0

For the second consecutive day, Yuga Labs’ Otherdeeds NFT collection has seen the most volume in the last 24 hours, according to the blockchain analytics platform. Source link

Bitcoin Traders Take Some Profits Ahead of Fed Meeting; Expect Higher Volatility
Ethereum

Bitcoin Traders Take Some Profits Ahead of Fed Meeting; Expect Higher Volatility

May 4, 2022 0

So far, profit taking among long-term holders is occurring at the most significant rate in bitcoin’s history, according to Glassnode data. “This indicates that long-term holders from the 2021-2022 cycle are capitulating, spending and redistributing […]

Bitcoin Taker Buy-Sell Ratio Rebounds Back Into "Hold" Zone
Bitcoin

Bitcoin Taker Buy-Sell Ratio Rebounds Back Into “Hold” Zone

May 4, 2022 0

On-chain data shows the Bitcoin taker buy-sell ratio has rebounded back into the “hold” zone after touching the selling level. Bitcoin Taker Buy-Sell Ratio Observes Brief Uplift Recently As explained by an analyst in a […]

Algorand (ALGO) Pumps by 25% in Eight Hours on FIFA Partnership Announcement
Market Analysis

Algorand (ALGO) Pumps by 25% in Eight Hours on FIFA Partnership Announcement

May 4, 2022 0

Algorand (ALGO) increased significantly on May 3, but has yet to reclaim the $0.70 minor resistance area and the midpoint of its current pattern. ALGO has been falling since reaching an all-time high price of […]

MicroStrategy Reports $170M Impairment Charge on Bitcoin Holdings in Q1
Regulation

MicroStrategy Reports $170M Impairment Charge on Bitcoin Holdings in Q1

May 4, 2022 0

The software firm TKTK Source link

Ethereum

Bitcoin Stalls Below $40K Resistance, Support at $30K-$32K

May 4, 2022 0

Bitcoin (BTC) is at risk of a price breakdown as momentum signals weaken. The cryptocurrency has minor support at $37K, although stronger support is seen at $30K-$32K. Source link

Hester Peirce Warns Proposed SEC Reform of Securities Trading Platforms Could Threaten DeFi
Bitcoin

Hester Peirce Pushes Back Against SEC’s Plans to Nearly Double Crypto Enforcement Staff

May 3, 2022 0

Dubbed “Crypto Mom” by many in the industry for her crypto-savvy, Peirce has been a longtime opponent Gensler’s enforcement-heavy approach to regulation. Gensler has been reluctant to share specifics on how crypto companies can comply […]

Market Analysis

Mysterious Connecticut Homeowner Will Accept Bitcoin or Ethereum for Mansion

May 3, 2022 0

Cryptocurrency adoption is seeping into the real estate markets as a home-owner lists her 187-year-old property for $6.5 million in cryptocurrencies. A resident of a Greenwich estate has put up her luxurious property for sale […]

Bitcoin Diverges From Stocks as Fed Meeting Starts, Slips Toward $38K
Regulation

Bitcoin Diverges From Stocks as Fed Meeting Starts, Slips Toward $38K

May 3, 2022 0

A major market talking point in recent weeks has been bitcoin’s elevated correlation with U.S. stocks, especially the tech-focused Nasdaq 100 Index. But the S&P 500 and Nasdaq were both in positive territory on Tuesday, […]

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