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HomeBitcoin

Bitcoin

DeFi Project Mercurial Plots Revamp and New Tokens Following 'Toxic' Association With FTX
Bitcoin

DeFi Project Mercurial Plots Revamp and New Tokens Following ‘Toxic’ Association With FTX

December 7, 2022 0

“In summary, the only liquid tokens in the market came from Alameda Market Making (3%), IEO/IDO participants (0.3%), private investors (1.6%) and the liquidity mining rewards for our stable pools,” the team stated. This created […]

Rally in Crypto Game Axie's AXS Token Faces Skepticism From Derivative Traders
Bitcoin

Rally in Crypto Game Axie's AXS Token Faces Skepticism From Derivative Traders

December 7, 2022 0

With a favorable environment for alternative cryptocurrencies far away, a rise in open interest in AXS futures implies traders shorting the rally, one trader said. Source link

Bitcoin

Crypto Infrastructure Firm Blockstream Seeks to Raise Funds at 70% Lower Valuation: Bloomberg

December 7, 2022 0

The under $1 billion valuation is a far cry from the $3.2 billion valuation it had received in 2021. Source link

Early Bitcoin Pioneer Ian Freeman Goes to Trial in New Hampshire
Bitcoin

Early Bitcoin Pioneer Ian Freeman Goes to Trial in New Hampshire

December 7, 2022 0

Four of the Crypto 6, including Freeman’s fellow radio host Aria DiMezzo, his former girlfriend Renee Spinella and her husband Andrew Spinella, and Nobody (formerly Richard Paul) have taken plea deals. Though DiMezzo is not […]

bitcoin bottom
Bitcoin

Bitcoin Fundamental Expert Breaks Down Why The Bottom Is In

December 7, 2022 0

Calling the bottom in Bitcoin is no easy task. Prices tend to fall more dramatically and faster than anyone is prepared for and is the investing equivalent of catching a falling knife. Yet if anyone […]

Crypto Audit Platform Sherlock Expects $4M Loss From Troubled Loans on Maple Finance As FTX Contagion Grows
Bitcoin

Crypto Audit Platform Sherlock Expects $4M Loss From Troubled Loans on Maple Finance As FTX Contagion Grows

December 7, 2022 0

Orthogonal Trading’s insolvency, triggered $31 million of loans in the credit pool to default this week. The bad debt represents 80% of the credit pool’s outstanding loans. When Sherlock invested in the pool, however, Orthogonal’s […]

Bitcoin
Bitcoin

Bitcoin Investor Cohorts Now Have Close Cost-Basis, What Does It Say About Market?

December 7, 2022 0

Data shows the different Bitcoin investor cohorts now have their cost-basis packed together in a tight range. Here’s what this may tell us about the current market. All Bitcoin Investor Groups Have Cost-Basis Between $18.7k […]

Crypto-Related Stocks Bounce as Bitcoin Retakes $22K
Bitcoin

Signature Bank to Reduce Crypto-Tied Deposits by as Much as $10 Billion

December 7, 2022 0

Nearly a quarter of the New York-based bank’s $103 billion in total deposits, or roughly 23.5%, came from the crypto industry as of September 2022. But given the recent “issues” in the space, Signature will […]

This Analyst Thinks Bitcoin Will Hit $5,000 in 2023, Any Possibility?
Bitcoin

This Analyst Thinks Bitcoin Will Hit $5,000 in 2023, Any Possibility?

December 7, 2022 0

Since the first few months of 2022, Bitcoin and crypto space has maintained a bearish trend, though there were a few spikes to recall. Several markets, including the stock markets, are still facing a crisis. […]

Bitcoin Losses
Bitcoin

Bitcoin Holders Realized 14x More Losses Than Profits Recently

December 7, 2022 0

Data from Glassnode reveals Bitcoin holders realized 14 times more losses than profits in recent weeks. Bitcoin 7-Day MA Realized Profit/Loss Ratio Sets New All-Time Low As per the latest weekly report from Glassnode, the […]

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