Altcoin’s recent gains have come under pressure as Bitcoin (BTC) price dropped to retest lower support levels after reaching a new all-time high at $41,940. Following Bitcoin’s Jan. 7 push above $40,000, the top cryptocurrency…
The number of active DAOs is up 660%…
The growth of active decentralized autonomous organizations (DAOs) is accelerating, increasing from 10 last year to around 76 today, according to DeepDao founder and CEO Eyal Eithcowich. DeepDAO provides insights and analysis into decentralized autonomous…
Crypto Exchange Volumes Show Investors are Flooding into…
Throughout August, the crypto markets witnessed some turbulence. While Bitcoin was primarily stable between $11,000 and $12,000, smaller altcoins saw immense volatility, with the growth of the DeFi industry leading many to see parabolic momentum.…
‘Bitcoin Should Be Traded Like Stock’ in India,…
The founder of Begin India Think Tank says that bitcoin should be regulated as stock, which he believes is the legal status the cryptocurrency should get in India. He also believes that Bitcoin may be…
$700 Million Worth of Synthetic Bitcoin Is Circulating…
According to onchain data, there’s now 69,836 synthetic bitcoin tokens (over $700 million) circulating on the Ethereum blockchain. Out of the six synthetic bitcoin token projects, wrapped bitcoin (WBTC) commands the largest number of coins…
Bitcoin “Distribution” Could Lead To Another Arm And…
Bitcoin price recently collapsed from $12,400 to under $10,000 after the cryptocurrency presented a near-perfect distribution pattern. If the pattern continues, the market could form a massive head and shoulders top, with a price target…