Crypto Market Faces Extreme Fear, but Patient Traders Accumulate

Crypto could see an “unexpected November rally” with the latest indicators showing traders are getting increasingly fearful, which usually results in a shift of money from weaker hands to long-term accumulators.  Social media comments about Bitcoin (BTC) are evenly split between bullish and bearish, while Ether (ETH) has just over 50% more bullish vs bearish … Read more

Is That Good Or Bad?

The phenomenon of financial bubbles is hotly debated among industry operators, and there are several academic papers on the subject, starting with Professor Didier Sornette’s 2014 study of financial bubbles. In fact, the paper defines a “bubble” as a period of unsustainable growth with prices rising faster and faster, i.e., growing more than exponentially. Obviously, … Read more

Bitcoin Gains Capped As Supports Turn Into Resistance

Key takeaways: Dormant Bitcoin holders moving large sums to exchanges raises concerns about long-term confidence amid growing concerns about the potential impact of quantum computing. Strong inflows into Bitcoin ETFs failed to lift sentiment, with traders instead rotating toward fast-rising privacy coins, such as ZEC and DCR. Bitcoin (BTC) has repeatedly struggled to maintain prices … Read more

Bitcoin Gains Capped As Supports Turn Into Resistance

Key takeaways: Dormant Bitcoin holders moving large sums to exchanges raises concerns about long-term confidence amid growing concerns about the potential impact of quantum computing. Strong inflows into Bitcoin ETFs failed to lift sentiment, with traders instead rotating toward fast-rising privacy coins, such as ZEC and DCR. Bitcoin (BTC) has repeatedly struggled to maintain prices … Read more

Bitcoin Gains Capped As Supports Turn Into Resistance

Key takeaways: Dormant Bitcoin holders moving large sums to exchanges raises concerns about long-term confidence amid growing concerns about the potential impact of quantum computing. Strong inflows into Bitcoin ETFs failed to lift sentiment, with traders instead rotating toward fast-rising privacy coins, such as ZEC and DCR. Bitcoin (BTC) has repeatedly struggled to maintain prices … Read more

Zcash (ZEC) Surges, Leap Therapeutics (LPTX) Jumps on Winklevoss-Backed Digital Asset Treasury

Former oncology biotech firm Leap Therapeutics (LPTX), which earlier this month raised $58.9 million in funding led by Winklevoss Capital to pivot to a digital treasury firm, announced the purchase of $50 million of Zcash ZEC$529.52. Alongside, the company is rebranding as Cypherpunk Technologies and will begin trading Thursday with new ticker CYPH, read a … Read more

Bitcoin Depot Expands into Hong Kong in First Asia Move

Bitcoin Depot (Nasdaq: BTM), the largest Bitcoin ATM operator in North America, is entering the Asian market with a new launch in Hong Kong, marking the company’s first international expansion into the region. According to an announcement on Wednesday, the expansion reflects a strategy to reach markets with strong demand for easy cash-to-crypto conversion. Bitcoin … Read more

Ohio Mining Facility Fire Extends Stock Sell-Off

Bitcoin mining company Bitdeer confirmed that a fire broke out at its facility in Massillon, Ohio, on Tuesday, with no reported casualties. The fire affected two of 26 buildings under construction at the Massillon site, which does not have any mining rigs installed, according to an announcement on Wednesday. Bitdeer said it “does not expect” … Read more