The market forces called supply and demand determine Bitcoin's price, which is volatile due to the uncertainty regarding BTC's future value.
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Access real-time blockchain and cryptocurrency news updates from around the globe.
How to earn crypto passive income with forks and airdrops?
Hard forks and airdrops are forms of passive income strategies, which are essentially free giveaways of particular tokens to users.
KuCoin CEO slams insolvency rumors citing “no plan to halt withdrawal”
Crypto exchange KuCoin found itself at the center of discussion when a sub-community of Crypto Twitter started warning investors about an incoming ban on funds withdrawal. KuCoin CEO, Johnny Lyu, was however quick to dismiss the unvetted rumors before they picked up steam.
Prominent crypto figures on Twitter, including trader @KongBTC and blockchain investigator @otteroooo, requested their followers to withdraw all of their funds from the KuCoin while claiming that the exchange may soon stop all users from withdrawing funds.
Rumors linked KuCoin’s intent to stop withdrawals with Terra’s (LUNA) and 3AC collapse, which according to the warnings, led to “immense suffer” for the exchange owing to high exposure to the fallen tokens.
While dismissing the supposed rumors through the above tweet, Lyu highlighted the company’s strong position by disclosing a recent $150 million funding, which placed the company’s valuation at $10 billion in May 2022. He also pointed out that the company is currently hiring for multiple positions, requesting investors to make their own judgment amid the ongoing FUD — fear, uncertainty and doubt:
“No “immense suffer” from any “coin collapse”, no plan to halt withdrawal, everything on KuCoin is operating well.”
DeSci: Tech trees to fund ambitious science and tech
To aid coordination, technology trees help decentralize science and provide an overview of the field, existing work and open challenges.
Bitcoin will see ‘long bear market’ says trader with BTC price stuck at $19K
No sign of a significant shift up or down for BTC price, but volume data hints that the bottom could come in weeks or less.
Bitcoin will see ‘long bear market’ says trader with BTC price stuck at $19K
Bitcoin (BTC) failed to reclaim recent losses into July 2 as traders prepared for stagnant price action to continue.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Downtrend acceleration" still in force
Data from Cointelegraph Markets Pro and TradingView tracked a limp BTC/USD as it chopped around the $19,000 mark into the weekend.
The Wall Street trading week had finished without surprises, with United States equities practically stagnant — providing little impetus for crypto volatility. The U.S. dollar index, or DXY, fresh from a retest of twenty-year highs, ran out of steam to circle 105 points.
U.S. dollar index (DXY) 1-hour candle chart. Source: TradingViewOrder book data from largest global exchange Binance showed BTC/USD caught between buy and sell liquidity close to spot price, ensuring a lack of volatility until traders maneuvered or added significantly to bids or asks.
BTC/USD order book data (Binance). Source: Material IndicatorsZooming out, the outlook hardly seemed any more optimistic for bulls.
African celebrities join degens on the journey to the moon
Cryptocurrency is gaining popularity in Africa, and more celebrities are engaging. What are the potential impacts of this new phenomenon?
African celebrities join degens on the journey to the moon
Cryptocurrency is gaining popularity in Africa, and more celebrities are engaging. What are the potential impacts of this new phenomenon?
NFT hype evidently dead as daily sales in June 2022 dip to one-year lows
The NFT boom was supported by a healthy and bullish crypto ecosystem and positive investor sentiment. However, Bitcoin’s bear market had an adverse impact on the crypto ecosystem.
NFT hype evidently dead as daily sales in June 2022 dip to one-year lows
The NFT boom was supported by a healthy and bullish crypto ecosystem and positive investor sentiment. However, Bitcoin’s bear market had an adverse impact on the crypto ecosystem.
The decoupling manifesto: Mapping the next phase of the crypto journey
The narratives that have propelled crypto to its current status have reached the limits of their influence. It’s time to rethink how to pitch crypto to a broader society.
The decoupling manifesto: Mapping the next phase of the crypto journey
The narratives that have propelled crypto to its current status have reached the limits of their influence. It’s time to rethink how to pitch crypto to a broader society.
The decoupling manifesto: Mapping the next phase of the crypto journey
The narratives that have propelled crypto to its current status have reached the limits of their influence. It’s time to rethink how to pitch crypto to a broader society.
Hiring top crypto talent can be difficult, but it doesn’t have to be
How to identify top crypto talent in the recruitment process: Hire a diverse range of people who have the required attributes without lowering your standards.
Experts explain how music NFTs will enhance the connection between creators and fans
Monstercat CEO Mike Darlington and Metalink founder Jake Udell chat with Crypto Steez about the future of Web3 and music NFTs.
Experts explain how music NFTs will enhance the connection between creators and fans
Monstercat CEO Mike Darlington and Metalink founder Jake Udell chat with NFT Steez about the future of Web3 and music NFTs.
DappRadar and LayerZero launch chain-agnostic staking token
A new staking mechanism through RADAR token has been created that is set to minimize gas fees and support recurring APR across multiple blockchains.
Bitcoin trader says expect more chop, downside, then sideways price action for BTC this summer
Crypto Jebb and independent market analyst Scott Melker agree that the crypto market’s toughest days still lay ahead.
Bitcoin trader says expect more chop, downside, then sideways price action for BTC this summer
Crypto Jebb and independent market analyst Scott Melker agree that the crypto market’s toughest days still lay ahead.
Price analysis 7/1: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, LEO, SHIB
Traders expect Bitcoin to swoop below its swing low before the price flattens out and altcoins begin to recover.