BTC Chart

30

Nov

Bitcoin cools from 1-week highs with key long-term metric echoing $44K

A “bullish engulfing” enters on multi-day charts as BTC price action manages to preserve some of Monday’s gains. Bitcoin (BTC) returned to cement higher support on Nov. 30 after the latest BTC price comeback halted near $59,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView RSI sees “bullish engulfing” Data from CoinMarkets Pro and TradingView showed BTC/USD reversing to local lows of […]

twitter-bird-logo

30

Nov

Jack Dorsey has stepped down as Twitter CEO

The twice-serving CEO said his departure was due to the company being “ready to move on from its founders.” Dorsey has not announced any future plans. Twitter CEO Jack Dorsey has resigned from his position at the social media firm after serving for more than six years. In a Monday tweet to his 5.9 million followers, Dorsey said he[…]

usd/btc

30

Nov

MicroStrategy purchases $414.4 million worth of Bitcoin, total stash worth $3.5 billion

The business data analytics firm has been investing in BTC since August 2020. Michael Saylor, CEO of enterprise data analytics company MicroStrategy, announced Monday via a Twitter post and company filing that the firm purchased an additional 7,002 Bitcoin (BTC), worth approximately $414.4 million, at an average price of $59,187 per coin. MicroStrategy sold 571,001 shares of company stock[…]

metaverse

29

Nov

New tribes of the Metaverse — Community-owned economies

The gaming ecosystem is set to become more community-driven with the help of decentralized tech, empowering creators and coders. People have talked in glowing tones about the transformative properties of blockchain since Satoshi Nakamoto launched Bitcoin (BTC) back in 2009 — books have been written, thousands of panels and presentations have complemented its prospects, costumed Bitcoin maximalists[…]

NFTs

29

Nov

NFT art will never be mass-market — NFT licenses may be

NFT digital art sales generate headline after headline, though this is not the real mass-market use of this novel technology. Visa got itself a fancy new Twitter avatar this August, and even though it didn’t stay up for long, the 8-bit-styled picture of a visibly unamused woman with a stylish mohawk still made dozens of headlines. It[…]

crypto

28

Nov

The Holy Grail for crypto traders: Consistent average returns over 5%

Over 2,000 data points consistently demonstrate a singular truth: Crypto asset prices tend to increase when this quant algorithm identifies bullish conditions. If you look at crypto assets’ price movements as a series of isolated events, the picture is messy. Sure, some traders can occasionally win big off one-time events or thanks to sensing a meme-inspired trend.[…]

vitalik

27

Nov

Vitalik Buterin proposes calldata limit per block to lower ETH gas costs

Buterin issued a decrease-cost-and-cap proposal, which aims to achieve most of the benefits of the decrease. Ethereum (ETH) co-founder Vitalik Buterin has proposed a new limit on the total transaction calldata in a block to decrease the overall transaction calldata gas cost over the ETH network.  Buterin’s post on the Ethereum Magicians forum, EIP-4488, highlights concerns regarding high transaction[…]

crypto

27

Nov

New German government cites crypto in coalition agreement

The new German coalition is aiming to make the “European financial market supervisory law” fit for crypto assets and businesses. The new German government has cited crypto in its coalition agreement, advocating for an equal playing field between traditional finance and “innovative business models.” Three German political parties agreed to a coalition deal this week that will[…]

hack

27

Nov

Hackers can use compromised Google Cloud accounts to install mining software in under 30 seconds: Report

The report said the actors usually gained access to Cloud accounts because of “poor customer security practices” or “vulnerable third-party software.” In a report aimed at assessing threats to Cloud users, Google’s Cybersecurity Action Team said that some attackers are exploiting “poorly configured” accounts to mine cryptocurrency. On Wednesday, the Google team said out of 50 analyzed incidents that[…]

nft

27

Nov

26% of crypto investors in Japan tried out NFTs: Survey

Major Japanese cryptocurrency exchange Coincheck launched its own NFT marketplace back in March 2021. At least one out of four cryptocurrency investors in Japan had an experience of holding nonfungible tokens (NFTs), according to a new survey. Major Japanese crypto exchange BitBank conducted an online survey diving into the NFT investment trends in the Japanese cryptocurrency market.[…]

shib

26

Nov

1 million Shiba Inu users can’t be wrong… can they?

With over one million token holders, Shiba Inu looks set for great things ahead, despite trading more than 50% below its all time high. Shiba Inu (SHIB) has reached an adoption milestone by surpassing the 1 million holders mark — even though the memecoin is trading 50% below its all-time high.  News of the milestone and daily[…]