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
-
Liquidity Mining – Your Way to Grow Crypto Assets in The HyperNation
How to be extra rich with your existing fund in the Metaverse? Can your blockchain assets grow passive rewards for you to reap? The HyperNation has its answer for you to leverage your crypto assets and unlock its boundless potential efficiently. Your cryptocurrency holdings mean a lot more from now on. Generally, there are two main methods to roll your funds in the crypto world: liquidity mining and yield farming. Among the two, the former is the predecessor of the latter. And many of our devoted fans of The HyperNation…
-
Story from Markets Market Wrap: Bitcoin Back Above $33K While Ether Up 65% in 2021
Crypto markets have reversed course across the board and are flashing green Friday. Bitcoin crossed over $32,000 and ether is rallying hard in 2021 so far. Bitcoin (BTC) trading around $33,608 as of 21:00 UTC (4 p.m. ET). Gaining 5.3% over the previous 24 hours. Bitcoin’s 24-hour range: $28,845-$33,873 (CoinDesk 20) BTC above the 10-hour and the 50-hour moving averages on the hourly chart, a bullish signal for market technicians. Bitcoin trading on Bitstamp since Jan. 19.Source: TradingView Bitcoin’s price was on an uptrend Friday, a marked reversal from the past several…
-
Lingose will soon be listed on OKX, Bybit and Bitget exchanges
The simultaneous listing of Lingose on OKX, Bybit and Bitget exchanges has caused heated discussions in the circle. While some people are actively participating in the ecological construction of lingose, some are still thinking, why is it lingose? This article will analyze Lingose in detail, so that more people can understand the project in depth. First of all we have to know what does Lingose do? Lingose aims to establish a Game ID system based on blockchain data, which provides qualification proof by capturing users’ on-chain behavior. Every step…
-
RISE OF UNIVERSE: the blockchain game star in 2022
In 2022, the NFT project entered a new outbreak stage, the gamefi track was fully hot, and the play to earn mode promoted the development of blockchain games to a new height. However, at present, most blockchain games in the world are still in the white paper stage, and the vast majority of blockchain games are still in a simple game introduction, with no actual games to play. Strictly speaking, such a blockchain game is not a real blockchain game, but a scam in the name of blockchain game. Therefore,…
-
Преодолевая дилемму GameFi « Спираль смерти » и анализируя экономическую модель Murphy
С момента взрыва Axie Infinity в этом году на рынке появилось множество продуктов GameFi. GameFi может быть понят как система блочных цепочек игр, которая включает в себя токен-экономическую модель, игра и DeFi, таким образом, представляет финансовый механизм в gamification, простое понимание состоит в том, что в игру добавлена финансовая реализация, чтобы сделать участников более интересными в процессе получения прибыли. В GameFi игроки могут зарабатывать замещающие валютные награды во время игры, жетоны используются для покупки оборудования, улучшения персонажей и т. Д., Также они могут продавать на вторичном рынке, чтобы получить прибыль…
-
On the financial track, how doesGBi innovate
On the evening of December 30,Feifei, head of The Chinese community ofGlobe Financial Bi (hereinafter referred to as GBi), shared the themeof “On the financial track, how does GBi innovate” onAnypay, the marketing planning service incubated by The Blockchainproject in China, and comprehensively introduced the ecology,application and vision of the GBi project. GBi,the full name of Globe Financial, Bi, is a strategic investment bythe Singapore Financial ecological foundation platform for the globalone-stop Financial ecology, aims to block chain technology,artificial intelligence, such as large data of blessings, makeeveryone can participate in,…
-
IBN Corp Ltd Announces Strategic Collaboration With Infinite Virtual Space
IBN Corp Ltd has confirmed that its partnership with Infinite Virtual Space (IVS) will commence from 9th March,2022. This strategic collaboration seeks to bridge real estate and economies of virtual world and physical world by bringing together IBN Corp’s unparalleled experience and insight in the real estate industry as well as the metaverse real estate and digital knowledge of IVS. This new digital innovation collaboration enables IBN Corp to further strengthen its brand position as a top property developer in Southeast Asia. Wangqi, the Deputy Head of Innovation and Technology…
-
Origin Dollar compensation plan marks progressing maturation of DeFi space
Traders and developers are trending towards greater DeFi depositor protections in unison NEWS On Friday, decentralized finance (DeFi) stablecoin project Origin Finance announced a plan to compensate users affected by a $7 million November exploit — part of a wider trend from developers, users, and traders that has seen actors across the DeFi space more widely embrace insurance products and other exploit backstops. On November 17th, Origin Dollar announced that its yield-bearing stablecoin project had been the victim of a $7 million flash loan attack. While the attack is just another…
-
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…
-
GoldenPyrex Ushers in the Next Era in DeFi with a Robust Ecosystem
Bitcoin Press Release: Golden Pyrex (GPYX) announce details of their DeFi platform enabling yield farming, gaming, and NFTs. 17th December, 2020, Nur-Sultan, Kazakhstan – Despite the exponential growth of the DeFi market throughout 2020, the industry is now dealing with a short-term plateau, as the market matures and projects are put to the test. Indeed, innovative use cases like governance, yield farming, and non-fungible tokens (NFTs) will play an essential role in the future’s economy, but not all of them will survive. GoldenPyrex Is Building a Sustainable and Independent Token Ecosystem A key…
