Bitcoin Technical Indicator Signals Big Move
One expert said that options are getting more expensive and that some traders are getting ready to “sell volatility,” which means that now is the time to sell volatility. Soon, Bitcoin (BTC) traders will get what they love most: a volatile market. That’s the signal from a technical indicator called Bollinger bandwidth, which is used […]
Morgan Stanley Shares View On Crypto Ecosystem
A report said that the move to proof-of-stake made the Ethereum blockchain more centralized, as only four companies manage 60% of validators. Morgan Stanley (MS) said in a research report on Wednesday that the crypto ecosystem is becoming less decentralized. The blockchains themselves may be decentralized, but the report said that as crypto regulation grows, […]
Core Scientific Stands ground On Celsius Bankruptcy
Celsius Mining owes Core Scientific about $5.4 million for its hosting services. Core Scientific (CORZ), a crypto hosting and mining company, said it plans to go after what it thinks Celsius Mining, the mining arm of the struggling crypto lender, owes it. In a filing with the U.S. Securities and Exchange Commission (SEC) on Wednesday, […]
Celsius Former Boss cash Out $960K in CEL
Alex Mashinsky, who quit as CEO of Celsius on September 27, is still moving crypto out of wallets even though customers can’t withdraw their money. Nansen’s data shows that since the beginning of October, Alex Mashinsky’s wallets have sent almost $1 million in CEL and USDC to UniSwap and MetaMask. On-chain data from the analytics […]
Greenidge Expects Q3 Losses of $20M-$22M Amid CEO Departure
Bitcoin miner Greenidge Generation Holdings’ (GREE) GAAP net loss for the third quarter is expected to be between $20 million and $22 million. CEO Jeffrey Kirt stepped down from his job on October 7. Bitcoin miner Greenidge Generation Holdings’ (GREE) GAAP net loss for the third quarter is expected to be between $20 million and […]