Large Bitcoin (BTC) Shorts Troops In, BTC All Exchange Inflows Reach 1 Year High
Bitcoin (BTC) the king of all cryptocurrencies has dropped by another 8% falling below $31,000 for the first time since July 2021. BTC whales have been depositing enormous amounts of Bitcoin on exchanges, according to on-chain data. According to CryptoQuant, BTC inflows across all exchanges have reached a one-year high. Similarly, the spot market inflows […]
Here’s Why Bitcoin (BTC) Is Set To Drop Further Below $33k Today
Over the past week, Bitcoin (BTC) the world’s largest cryptocurrency has witnessed losses as it reached its lowest levels this year. BTC is currently trading at around $33,000, its lowest price since July 2021. The token has dropped about 14% in the past week and is down more than 50% from its November high. The […]
Ethereum’s (ETH) Planned Merger Seems To Be Alienating Developers
Ethereum’s (ETH) EIP-1559 proposal, which modified the network’s fee mechanism to bring it closer to a proof-of-stake model, appears to have turned away Ethereum developers on the second-largest blockchain. The Ethereum (ETH) Network however has revealed its set date for its much-anticipated “Merge,” or switch to a proof-of-stake (PoS) paradigm. The announcement appears to be […]
Ethereum DeFi Token, Lido DAO(LDO) Surges 30% On Binance’s Listing Plans
An hour after Binance announced it would list the token, Lido DAO(LDO) surged by over 30% on Monday. Starting at 11:00 UTC, LDO will be available for trading in the LDO/BTC, LDO/BUSD, and LDO/USDT pairs. This will be the first time the LDO token has been listed on any centralized crypto market. According to DeFi […]
Crypto Community Outraged As YouTube Seems To Be Banning Crypto
The crypto community has been outraged by a slew of recent YouTube bans on famous crypto channels. After a storm of complaints against the streaming site, Bankless, the most well-known of the bunch, was reinstated on the platform on Monday. The channel, which has over 150,000 subscribers and is one of the most prominent YouTube […]