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Cryptocurrency Market

Nearly $100M in Bitcoin Moved to Ethereum in July, Led by Retail Traders

[Coindesk, Getty Images] Ethereum is still the most popular off-chain destination for bitcoins as its supply of tokenized bitcoin (BTC) grew more than 70% in July. Monthly tokenized bitcoin supply growth since January 2020. Source: Dune Analytics, OnChainFX, CoinDesk ResearchMore than 20,000 BTC — worth roughly $225 million — are now tokenized and […]

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Dogecoin, Market Manipulation and the Downside of a Coinbase IPO

[Coindesk] This week saw a 125% rise in the price of dogecoin, a cryptocurrency based on a popular 2013 internet meme, created in the same year as both a parody and a “let’s see if this sticks” experiment. Much to even the founder’s surprise, it has not only survived, it has accumulated a loyal following. Clearly. A group […]

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Crypto marketplace Coinbase eyeing stock-market listing as early as this year

[Business Insider] Cryptocurrency exchange Coinbase has started planning for a stock market listing that could take place as soon as this year, Reuters reported Thursday, citing sources familiar with the matter.If the Securities and Exchange Commission signs off on the listing, Coinbase could become the first publicly traded cryptocurrency marketplace.The company is […]

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Cryptocurrency 10-day Forecast

[Buck Bully] Investing in the cryptocurrency market can be like riding a rollercoaster, exciting yet worrisome. No matter how thrilling the adventure, you must understand cryptos are highly volatile. This volatilty can be quite intoxicating and sobering. Currently, the crypto market is up 1.14% in the past 24hrs — and […]

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Dogecoin Volumes Spike 1,900% in 2 Days Amid Viral TikTok Videos

[Coindesk] Social media has thrown dogecoin traders a treat. Trading volumes for the Shiba Inu meme-based cryptocurrency spiked nearly 2,000% in the last two days as videos on TikTok encouraged users to invest, according to data from Messari. The whimsical asset’s price climbed 35% to $0.035 over the same period.  Dogecoin—which was conceived […]

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Cryptocurrency 10-day Forecast

[Buck Bully, ShutterStock] The Bears have been hibernating as of late, while the Bulls are looking to charge forward. Currently, the cryptocurrency market is down 0.25% in the past 24hrs. However, there are 10 altcoins that have some growth potential this week. VeChain (VET): VeChain ($0.0096) is a public blockchain […]

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Why Bitcoin Whales are Mass-Dumping Before Crypto’s Big Halving

[CCN] Bitcoin endured a rough weekend, dropping over 10% on Sunday alone. The fall is a notable one with the upcoming 4-year halving event. | Source: Shutterstock.com In less than 10 hours, the Bitcoin halving will be activated. But, whales seem to be taking the opportunity to dump on the […]

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What Happens to Bitcoin After All 21 Million Are Mined?

[Investopedia] Bitcoin is like digital gold in many ways. Like gold, bitcoin cannot simply be created arbitrarily, it requires work to “extract”. Gold must be mined out of the ground, and bitcoin must be “mined” via computational means. Linked with this process is the stipulation set forth by the source […]

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Sudden Bitcoin Crash Sparks Serious Coinbase Warning

[Forbes, Getty Images] Bitcoin, after rallying to over $10,000 per bitcoin in the last few days, has suddenly crashed back. The bitcoin price lost more than 10% in a matter of minutes yesterday evening, dropping to lows of $8,100 on the Luxembourg-based Bitstamp exchange before rebounding to settle around $8,600. However, […]

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