Bitcoin’s ‘Mayer Multiple’ Nears Point of Undervaluation Ahead of Fed
While the Mayer Multiple is nearing point of undervaluation, hawkish Fed expectations cloud prospects of bullish reversal.
Global private bank LGT to open Bitcoin and Ether trading
LGT Bank has partnered with the Swiss crypto bank Seba to offer custody and trading services for Bitcoin and Ether.
BTC price gains 4% pre-Fed as MicroStrategy vows to protect Bitcoin from $21K crash
Worries over capitulation see MicroStrategy give away key insights into what it would do should Bitcoin price strength deteriorate.
NFT Sales Still Looking Robust Despite Reports to the Contrary
The death of non-fungible tokens (NFTs) has been greatly exaggerated if the latest statistics are to be believed. DuneAnalytics’ dashboard points to a robust market. And along with data from…
Elon Musk Changes Twitter Display Picture to Collage of Bored Apes; APE Surges
No direct correlation between the two events seemed to exist at writing time.
Dogecoin Daily: Fed Meeting Weighs, Cannabis Brand Adoption, Litecoin Creator’s Praise
Dogecoin (CRYPTO: DOGE) traded nearly 1% lower at $0.13 over 24 hours leading up to early Wednesday morning. DOGE was weaker along with other major coins as the global cryptocurrency…
Shiba Inu Flips FTX Token Again For Ethereum Whales’ Biggest Dollar Holding
Shiba Inu (CRYPTO: SHIB) is once again the most held token among the 100 largest Ethereum (CRYPTO: ETH) whales. What Happened: According to an alert from on-chain wallet tracker Whale…
Bitcoin (BTC) Rebounds After Dropping to $38,000 Horizontal Resistance
Bitcoin (BTC) is in the process of breaking out from a descending wedge pattern, which has been in place since April 18. This could be the catalyst for a significant…
Ethereum Miner Revenue Soars to a Single Day All-Time High of 95K ETH
Ethereum miner revenue has soared to a single-day all-time high of 95,000 ETH helped by a recent surge in decentralized finance (DeFi) activity. The income of miners has spiked noticeably…
Argo Blockchain Borrows $70M From NYDIG to Buy Mining Rigs
The loan brings Argo’s debt to build out its 200 MW Helios facility in Texas to $97.2 million.