Pressure
- Bitcoin (BTC) trading around $55,736.37 as of 20:00 UTC (4 p.m. ET). Sliding 1.73% over the previous 24 hours.
- Bitcoin’s 24-hour range: $53,350.37-$56,988.34 (CoinDesk 20)
- BTC trades between its 10-hour and 50-hour averages on the hourly chart, a sideways signal for market technicians.
Bitcoin traded in a narrowed range as Monday’s sell-off appeared to subside and prices settled in the mid-$50,000 range for the most of Tuesday.
Monday’s decline resulted in some $1.6 billion in derivatives bets being liquidated, second only to the record level that took place on Feb. 22, according to Norwegian blockchain analytics firm Arcane Research.
Recommended News
-
The underlying infrastructure of the WEB3 social track: Universal Basic Asset (UBA)
According to the digital 2022 report of we are social & Hootsuite, as of January 2022, there will be 5.31 billion mobile users worldwide, 4.95 billion Internet users, and 4.62 billion active social media users. Active users of social media accounted for 58.4% of the global population, with an annual growth rate of 10.1%. The average daily time spent by 4.62 billion active users is 2h27min, and an average of 7.5 social applications are opened every month. Among the top 20 most viewed websites by Internet users in the world,…
-
Survey: 1 in 4 Senior Executives in Uruguay Have Used Cryptocurrencies
A survey made in Uruguay across different business sectors revealed that 24% of the 49 senior executives (1 in 4) from companies in the country claimed to have used cryptocurrencies at any point in their lives. Senior Executives in Uruguay Reveal Their Level of Knowledge on Cryptocurrencies According to the consulting firm Price Waterhouse Cooper, the survey was conducted to measure the knowledge on crypto assets among senior executives from the sectors of banking and finance, technology, public services, industrial products, and public administration in Uruguay. The results revealed that 76%…
-
SoftBank & WE Metaverse join hands to create a new ecosystem for the chain gaming industry
WE Metaverse officially announced that it has completed a new round of financing. This round of investment was led by SoftBank Asia, with Venus Acquisition Corp., Greencity Acquisition Corp., Golden Path Acquisition Corp., and other institutions participating in the investment and formally reached a strategic partnership. The two parties expressed their beautiful expectations for the future development of the Metaverse Ecosystem. SoftBank is a 2021 Forbes Global 2000 company and has a majority stake in more than 300 major IT companies in the world. It continues to invest in the layout…
-
An AMA about KList
Moderator：Today, we are honored to have KList Sponsor Adam Durst at the KList TG group, and give us a detailed introduction to KList’s strengths and future development plans. Now let’s welcome Adam. Adam：Thanks to the moderator and thanks to our KList friends. We can start now. Moderator：Please tell us briefly what KList is used for? Adam：Klist is a cross-chain super IDO protocol built for decentralization. KList will first be deployed on the OKexChain, and then we will deploy a cross-chain IDO platform that supports multiple chains on Ethereum…
-
23rd December: BTC/USD Balancing between $23,000 and $24,000
Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) daily price movements. BTC/USD On 23rd December 2020, BTC/USD opened at 23,838 and reached 24,023 in the next two hours. Being pressured down by the local resistance level, the pair was sent down to 23,478 at 05:00 UTC. In the next five hours, the pair was mainly trading sideways, keeping above the 23,460 level. At 10:00 UTC, the pair increased the falling traction and broke down below 23,460 at the close of the day’s…
-
CLOWN TOKEN strike with overwhelming power！
CLOWN Token is created by several game enthusiasts in Singapore and South Korea, combining the rules of DEFI and using the characteristics of ERC-20. It mainly solves the simple technical applications of point-to-point substitution, offset and guarantee in the game field of DEFI world. Because the initial application is mainly docking chess and card casual games, his name uses the head of the big ghost of poker. CLOWN Token 110 W in total It is divided into three parts: 1. Leisure chess and cards 40w 2. Professional chess and cards…
-
From”Poor Dad, Rich Dad” to Mobius Wallet, Robert Kiyosakicreates a cash flow game that ordinary people can participate in!
On December 13, Robert Kiyosaki, the author of “Poor Dad and RichDad”, tweeted that fortunately, I bought Bitcoin. Its next stopis $50,000. Institutional funds will continue to be purchased in2021. If you missed Bitcoin, buy silver. As a result of AOC’s GreenNew Deal, silver will also rise. For gold, silver, Bitcoin andentrepreneurs, the future is bright. As awell-known figure in the field of economics, Robert Kiyosaki’s bookssuch as “Cash Flow Game”, “Poor Dad and Rich Dad”,”The Road to Financial Freedom” are sold worldwide. “PoorDad, Rich Dad” was published in the…
-
Bitcoin Could Hit $115K by August, Pantera’s Morehead Writes
“Bitcoin is now ahead of our April 2020 forecast schedule – to hit $115K this summer,” wrote Dan Morehead, CEO and co-chief investment officer at Pantera Capital, a blockchain hedge fund, in an emailed newsletter. The Pantera prediction is based on the stock-to-flow model – an analytical framework that values an asset’s price based on its annual issuance schedule. The model measures the scarcity of bitcoin (BTC), which is governed by the underlying network programming coded into the blockchain’s design when it was launched 12 years ago. Under that plan, the number of…
-
Lynk’s First NFT Collection ‘Finder’ Sells Out, Unveils Next Sequel Collection ‘Keeper’
Lynk, the SocialFi platform building a decentralised online community to accelerate the development of the Web3 economy, has achieved a resounding success with its latest NFT collection, Finder. The collection, consisting of 200 unique Finder NFTs, was sold out in less than a day, a testament to the dedication and support of Lynk’s growing community of supporters and fans. The Finder NFT collection is a breath of fresh air in the rapidly growing NFT market, offering a unique and engaging narrative for NFT collectors and enthusiasts. The NFTs hail…
-
METASUMERU participated in the NFT GAMEFI Metaverse 2022 Annual Summit
The NFT, gamefi, metaverse summit, jointly organized by AC Capital, CoinVoice, Asia Token Fund & Block Tides, will be held on May 1 at Cove Manila, the largest indoor beach club in the Philippine Capital Region, and will be the biggest metaverse-themed summit ever held in Southeast Asia. Over 1,000 attendees are expected to be on hand to participate in the various themed sessions. METASUMERU is happy to join AFKDAO, Arcus Game, BabyShark BubbleFong Friends, CoinEx, Covenant Child, Crypto.com Capital, Gala Games, Kaloscope, Magnus Capital, Mecha Morphing and more…
