Can whales ultimately keep the Bitcoin rally beyond $50k?
In spite of the fact that the Bitcoin ship has been steadying recently, the market has been setting itself for the next major swing. It is likely that a falling channel, the daily 200-SMA (green), and EMA Ribbons will play out in the buyers’ favour. Additionally, an uptick in Whale activity indicated a resurgence of […]
Ethereum network hit by a major bug, causing nodes to split
Earlier today, the Ethereum network was hit by a catastrophic consensus problem that affected the vast majority of its nodes. Users have been advised to update to the patched version of the client as soon as possible. According to developer Marius van der Wijden , an attacker took use of a flaw found in previous […]
Bitcoin gains about $1,500 in less than an hour on Aug. 26 after Fed Chair Jerome Powell’s “uber dovish” speech
Except for the US dollar, it’s optimistic all around after Fed Chair Jerome Powell’s latest address, with Bitcoin gaining $1,400 in less than an hour. On August 26, Bitcoin (BTC) gained about $1,500 in less than an hour following Federal Reserve Chair Jerome Powell’s “uber dovish” statement. Bitcoin’s price is surging upwards Powell intimated at […]
Binance announces its Cardano wallet will undergo maintenance by August 31
Cardano (ADA) wallet on Binance will undergo maintenance by the end of the month, the exchange did not specify if ADA trading will be put to hold. According to a recent tweet from Binance, the exchange will send its Cardano (ADA) wallet in for maintenance in less than a week—on August 31. According to the […]
Andreessen Horowitz launches $400M seed fund to aid its tech expansion
Andreessen Horowitz, popularly known as a16z, is launching a new $400 million seed fund, according to a statement released on Friday. The company stated, “Seed investments have traditionally been at the heart of venture , the actual financial bet towards a team, an idea, and nothing else.” After writing some of the first checks into […]