Bitcoin’s four-day crash has initiated a healthy reset among investors, with momentum limited until long-term holders stop selling their BTC, according to Glassnode.
Argo Blockchain will delist from the London Stock Exchange after its main creditor, Growler Mining, seized control through a debt-for-equity swap.
Ether ran into resistance at $4,000 as the absence of new buyers and weak spot Ethereum flows threatened ETH price dropping to $3,100 next.
Most crypto activity over the last year has been tied to practical use cases such as payments, remittances and preserving value in volatile economic conditions.
The team behind the Kadena blockchain said it is no longer able to continue business operations and will cease maintenance of the network immediately.
Industry watchers welcomed the idea of “skinny” master accounts as another sign of the end of crypto’s banking troubles, which insiders described as “Operation Chokepoint 2.0.”
BitMine chairman Tom Lee said he expects Ethereum to enter a supercycle, making the current price an attractive risk vs reward purchase.
Large Bitcoin mining companies are looking to expand into AI services for new sources of revenue amid post-Bitcoin-halving pressure.
Bitcoin staged a rebound rally to $111,705 as the market recovered from the recent catastrophic sell-off, but data suggests sellers will continue to take profit at each breakout top.
Musk’s tweets ignited DOGE’s meteoric 2021 rally, and with bullish signals returning, the memecoin might be gearing up again.