Cryptocurrency markets remained lackluster despite a rebound in global markets after Tuesday’s hawkish shocker from the Bank of Japan. Overall crypto market capitalization is currently at $811 billion, versus $812 billion a day earlier. Market leader Bitcoin (BTC) is currently trading at $16,855.27, up 0.18 percent on an overnight basis. […]
A top cryptocurrency strategist that has gained a large following on social media after accurately calling bitcoin’s 2018 bear market bottom above $3,000 has pointed out that he believes Bitcoin ($BTC) will see a short-lived price rally before dropping further. In a tweet shared with his over 200,000 followers, pseudonymous […]
Shares of solid-state lithium battery maker QuantumScape Corporation (QS) are rising more than 7% Tuesday morning at $6.28. The company today said it has achieved a key milestone by shipping its first 24-layer prototype lithium-metal battery cells to automotive OEMs for testing. With 24 layers, each comprising a solid-state separator, […]
U.S.-based cryptocurrency exchange Coinbase has rolled out an asset recovery tool to enable users to recover almost 4,000 unsupported ERC-20 tokens that are mistakenly to their Coinbase address. The company said all eligible customers will have access to the asset recovery tool over the next few weeks. The self-service tool […]
Shares of Reviva Pharmaceuticals Holdings, Inc. (RVPH) are rising more than 7% Thursday morning after the company announced positive safety data from the drug-drug interaction study of its drug candidate brilaroxazine. Brilaroxazine is a serotonin/dopamine modulator in Phase 3 study for the treatment of schizophrenia. Topline data from the Phase […]
After the collapse of FTX on November 8, centralized exchanges experienced a series of outflows as investors become concerned about the safety of their deposits on these platforms. In November, BTC netflows recorded the largest negative flow in its history, with a netflow of -91,363 BTC, worth over $1.6 billion. […]
Cryptocurrencies declined around 1.7 percent in the past 24 hours amidst caution ahead of the release of the CPI numbers from the U.S. on Tuesday. According to latest consensus estimates, CPI for the month of November is seen falling to 7.3 percent, from 7.7 percent in the previous month. Core […]
On Saturday, Bitcoin continued to trade above $17,000 albeit flatly, after recapturing that price mark in late November. At press time, the top cryptocurrency was trading around $17,160 after a 0.50% drop in the past 24 hours. Ethereum painted a similar picture, sliding 1.72% to $1,266 as of publication time, […]
Texas Senator Ted Cruz says he is a fan of Bitcoin and highlighted why his state is a perfect match for crypto mining. The U.S. Senator made his comments at the Texas Blockchain Summit 2022 late last month, arguing that crypto could be a strategic industry for the United States […]
Miners in Russia have remained unfazed by the crypto bear market and are using the opportunity to hoard ASIC devices. According to a report by Cointelegraph, citing Russian news agency Kommersant, the demand for crypto mining hardware by Russian customers has surged during the final quarter of the year. Several […]
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