Bitcoin News

What You Need to Know About Crypto Staking, Delegating, and Validating

[ad_1] There are a few ways to earn passive income in the crypto world. One way is through crypto staking. Staking is when you hold onto your coins in a wallet and allow them to accrue "interest." It means that you will be rewarded with new coins for helping to secure the network. Other ways to earn passive income are through delegating and validating. In this article, we will discuss
Bitcoin News

Whales buy Bitcoin en masse – Largest BTC holdings in over a year

[ad_1] Advertisment Bitcoin (BTC) is currently experiencing a price slump, but despite the bad mood, whales are not deterred and are buying Bitcoin en masse. This trend has been taken by some experts as evidence that a gigantic rally could be in store for the Bitcoin price. Santiment, a leading cryptocurrency analysis tool, has uncovered a trend in mega Bitcoin whales. Mega whales are addresses that hold more than 10,000

OpenSea in Hot Water as Executive Charged With Insider Trading

[ad_1] A former OpenSea executive, Nathaniel Chastain, has been arrested and booked on charges of insider trading of NFTs, money laundering and wire fraud. Per the press statement released by the U.S. Attorney’s Office in the Southern District of New York (SDNY), Nathaniel Chastain was arrested officially on Wednesday and charged with wire fraud and money laundering in a scheme to commit insider trading. The accused was a top executive

South Korean Government Backs Metaverse by Investing Over $177 Million in It

[ad_1] Even though the Metaverse is still a developing ecosystem and its scope is sketchy, the South Korean government has backed the movement by being an early investor. This gesture from the South Korean government can trigger other countries to invest in this technology, which has the potential to be the next revolution. The South Korean government said the investment will be labeled under the newly launched program, “Digital New

Reserve Rights (RSR) builds momentum ahead of its long-awaited mainnet launch

[ad_1] Bitcoin was created to give the average person a peer-to-peer economic system and a store of wealth asset that could provide financial autonomy and access to banking, especially for people living in places where financial services are sparse or non-existent.In the last five years, there have been a number of blockchain projects that aim to mirror Bitcoin's original mission and the growing popularity of stablecoins further highlights the need

Traders think Bitcoin bottomed, but on-chain metrics point to one more capitulation event

[ad_1] The bull market euphoria that carried prices to new highs throughout 2021 has given way to bear market doldrums for any Bitcoin (BTC) buyer who made a purchase since Jan. 1, 2021. Data from Glassnode shows these buyers "are now underwater" and the market is gearing up for a final capitulation event. Bitcoin net unrealized profit/loss. Source: GlassnodeAs seen in the graphic above, the NUPL, a metric tha is a measure

Bitfinex Bitcoin longs hit a record-high, but does that mean BTC has bottomed?

[ad_1] Bitcoin (BTC) has been unable to close above $32,000 for the past 28 days, frustrating bulls and pushing the Fear and Greed index to bearish levels below 10. Even with June 6’s small boost, the tech-heavy Nasdaq stock market index is down 24% year-to-date.Investors who keep a close eye on regulatory development were possibly scared after New York state made clear its intention to regulate the crypto industry, including

New York AG Warns About Crypto Investments as Mining Moratorium May Come to New York

[ad_1] Letitia James, the New York Attorney General, has made several statements towards cryptocurrency investment on Friday, June 3. The AG released a statement commenting on the volatility of crypto assets and warned investors of the high-risk nature of investing in crypto, as seen in the crash of the UST stablecoin in May. James also highlighted that billions have been lost in crypto in 2022.  New York is also focusing


[ad_1] After nine successive weeks of red weekly candles, Bitcoin (BTC) printed a green weekly candle on June 5. Leading into this week, buyers kept up their momentum with a strong weekly open that boosted BTC price to $31,800.Going forward, traders might keep a close eye on the Consumer Price Index (CPI) data for May, which is due on June 10. Depending on the figures, this could keep the volatility elevated

Avalanche price eyes 30% jump in June with AVAX’s classic bullish reversal pattern

[ad_1] Avalanche’s AVAX token shows signs of continuing its ongoing rebound move as it paints a classic bullish reversal pattern.AVAX price to $35?Dubbed a "double bottom,” the pattern appears when the price establishes a support level, rebounds, corrects after finding a resistance level, pulls back toward the previous support and bounces back toward the resistance level to pursue a breakout.Since May 27, AVAX’s price trends appear like those typically witnessed during the double