Cryptofactz (2024)

30/08/2022

On-chain data shows the recent trend in the Bitcoin Stablecoin Supply Ratio may suggest the crypto could see a buy signal soon. Bitcoin Stablecoin Supply Ratio RSI 14 Is Near A “Buy” Signal As explained by an analyst in a CryptoQuant post, whenever the SSR RSI has gone below a value of 25 during recent years, the crypto has observed a buy signal....

https://cryptofactz.com/bitcoin-stablecoin-supply-ratio-is-approaching-a-buy-signal/

On-chain knowledge reveals the current development within the Bitcoin Stablecoin Provide Ratio could recommend the crypto may see a purchase sign quickly.

30/08/2022

Bitcoin started a recovery wave above the $20,000 resistance against the US Dollar. BTC is now facing a strong resistance near the 100 hourly SMA. Bitcoin started a minor upside correction and climbed above the $20,000 resistance. The price is now trading below the $20,500 level and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $20,000 on the hourly chart of the BTC/USD pair (data feed from Kraken)....

https://cryptofactz.com/bitcoin-price-reclaims-20k-why-100-sma-is-the-key-to-more-upsides/

Bitcoin began a restoration wave above the $20,000 resistance in opposition to the US Greenback. BTC is now going through a powerful resistance close to the

30/08/2022

The crypto market is spiraling downwards, especially Ethereum and other altcoins. The overall market cap lost $50 billion last weekend, leaving the current figure at $950 billion. Unfortunately, it eventually lost the $1 trillion mark. The price fall in Bitcoin, Ethereum, and other crypto caused the recent plunge. The trend emerged after the August 26 Federal Reserve annual meeting. Jerome Powell made a speech reiterating the plans of the agency to continue its hawkish approach to fighting inflation....

https://cryptofactz.com/ethereum-might-crash-after-the-current-supply-zone-analysts-predict/

The crypto market is spiraling downwards, particularly Ethereum and different altcoins. The general market cap misplaced $50 billion final weekend, leaving

30/08/2022

Bitcoin trading volumes have always surpassed expectations in the past. Last week, celebrations filled the community as the digital asset had reportedly seen more than $1 trillion transacted on the network so far. However, a new report claims that the trading volumes reported by exchanges may be inflated. The main number, they predict, to be much lower than what is being reported, especially on a daily basis....

https://cryptofactz.com/new-report-says-bitcoin-daily-trading-volumes-are-fake-so-whats-the-real-number/

Bitcoin buying and selling volumes have all the time surpassed expectations prior to now. Final week, celebrations stuffed the neighborhood because the

29/08/2022

NFT Galaxia NEXT and Plan X Lab have come together for something that has been bothering many users for a long time – the unauthorized theft of non-fungible tokens. Galaxia NEXT and Plan X Labs have signed an MoU wherein they commit to protecting NFTs issued through Meta Galaxia, an NFT marketplace. An invisible code will be inserted into the non-fungible token to prevent theft....

https://cryptofactz.com/galaxia-next-partners-plan-x-lab-to-prevent-nft-theft/

Galaxia NEXT and Plan X Lab have come collectively for one thing that has been bothering many customers for a very long time – the unauthorized theft of

29/08/2022

Popular crypto analyst Benjamin Cowen says that Ethereum (ETH) is likely facing a dramatic correction in the coming months as the Federal Reserve continues to hint at tighter monetary policy. Cowen tells his 693,000 Twitter followers that he sees Ethereum working its way towards the logarithmic regression band. According to Cowen’s chart, he’s expecting ETH to continue its downtrend until it consolidates near the $600-$800 price level over the next year or so....

https://cryptofactz.com/crypto-analyst-says-ethereum-eth-about-to-witness-huge-correction-as-fed-stays-hawkish/

Well-liked crypto analyst Benjamin Cowen says that Ethereum (ETH) is probably going going through a dramatic correction within the coming months because the

29/08/2022

The rampage continues for Ethereum as the alt faltered in the market on 28 August. Investors are elated to see that the Merge is finally happening after a series of delays over the past year. But Ethereum is facing a torrid time in the market with trader expectations taking a massive hit at least until the Merge. The prized altcoin has now lost the $1,500 support line and has been hovering below it for the past two days....

https://cryptofactz.com/ethereum-faces-another-mountain-to-climb-at-least-until-merge/

The rampage continues for Ethereum because the alt faltered available in the market on 28 August. Buyers are elated to see that the Merge is lastly taking

29/08/2022

The crypto market capitalization has just dived below the $1 trillion mark. We’re not surprised, given the recent negative turn of events. Bitcoin itself has plummeted below the $20k mark. Now BTC price is at $20,143. The case is also not better for altcoins. Ethereum, the second colossal crypto, has also recorded some losses in price. As of August 29, ETH’s price stands at $1,537 after gaining a 7% growth....

https://cryptofactz.com/bitcoin-price-rebounds-after-falling-below-the-20000-mark/

The crypto market capitalization has simply dived under the $1 trillion mark. We’re not shocked, given the current damaging flip of occasions. Bitcoin itself

29/08/2022

TerraForm Labs CEO Do Kwon is facing a new class action lawsuit for his involvement in the collapse of the Terra ecosystem earlier this year. Kwon is alleged to have promoted LUNA, UST and the Terra-based lending platform Anchor despite knowing that the projects would be unsustainable. Florida resident Michael Albright filed a complaint in the US District Court for the Southern District of New York on behalf of all others who bought LUNA and UST and suffered financial losses. ...

https://cryptofactz.com/do-kwon-and-other-entities-hit-with-new-class-action-lawsuit-for-alleged-false-promotion-of-terras-tokens/

TerraForm Labs CEO Do Kwon is going through a brand new class motion lawsuit for his involvement within the collapse of the Terra ecosystem earlier this 12

29/08/2022

Bitcoin was able to score some profits over today’s trading session as the market slightly rebounded after a spike in selling pressure. This saw the largest cryptocurrencies trading in the red negatively impacting market sentiment. At the time of writing, Bitcoin (BTC) trades at $20,300 with a 1% profit over the last 24 hours and a 6% loss over the past week....

https://cryptofactz.com/why-bitcoin-is-oversold-as-btc-reclaims-territory-north-of-20000/

Bitcoin was in a position to rating some income over in the present day’s buying and selling session because the market barely rebounded after a spike in

29/08/2022

Beleaguered blockchain platform Terra on Monday said it has launched a new Governance Alert Bot that will alert the community about all the latest governance activities related to Terra. Meanwhile, LUNA and LUNC prices have jumped higher amid the ongoing developments related to Terra and Terra Classic. Terra Launches Governance Alert Bot to Keep Community Alive Terra in a tweet…...

https://cryptofactz.com/terra-rolls-out-governance-alert-feature-luna-and-lunc-prices-skyrockets/

Beleaguered blockchain platform Terra on Monday stated it has launched a brand new Governance Alert Bot that may alert the group about all the newest

29/08/2022

Bitcoin prices fall below $20,000 for the first time since the start of July. It has continued to slip, with prices falling by another 1% in the last 24 hours. It s currently trading at $19.8K. Ethereum has shown an even stronger decline, falling by over 3% in the last 24 hours and close to 6% in the last 7 days....

https://cryptofactz.com/u-s-dollar-skyrockets-bitcoin-ethereum-plummet/

Bitcoin costs fall under $20,000 for the primary time because the begin of July. It has continued to slide, with costs falling by one other 1% within the

29/08/2022

NFT OpenSea, the world's largest nonfungible token (NFT) marketplace, has witnessed a substantial drop in daily volumes as fears about a potential market bubble grow. OpenSea volume plummets to yearly lows Notably, the marketplace processed nearly $5 million worth of NFT transactions on Aug. 28 — approximately 99% lower than its record high of $405.75 million on May 1, according to DappRadar....

https://cryptofactz.com/opensea-turns-into-nft-ghost-town-after-volume-plunges-99-in-90-days/

OpenSea, the world's largest nonfungible token (NFT) market, has witnessed a considerable drop in each day volumes as fears a few potential market bubble

29/08/2022

The founder of now-defunct crypto hedge fund Three Arrows Capital (3AC) is reportedly worried about facing jail time after a disagreement with court-appointed liquidators. According to a new report by Bloomberg, 3AC CEO Su Zhu delivered an affidavit accusing Teneo, the liquidation company in charge of 3AC’s assets, of misleading Singapore’s High Court about the hedge fund’s structure. In response, the liquidators are alleging that Zhu and fellow co-founder Kyle Davies are not cooperating with their efforts....

https://cryptofactz.com/three-arrows-capital-founder-worried-about-jail-time-after-massive-liquidation-report/

The founding father of now-defunct crypto hedge fund Three Arrows Capital (3AC) is reportedly fearful about dealing with jail time after a disagreement with

29/08/2022

A closely followed crypto strategist is predicting rallies for digital assets this week while mapping out Ethereum’s (ETH) price path against the US dollar and Bitcoin (BTC). Pseudonymous analyst Credible tells his 338,00 Twitter followers that he sees Bitcoin leading a crypto market bounce in the coming days. “Expectations on ETH in the coming days with idea for BTC shared two days ago....

https://cryptofactz.com/popular-analyst-predicts-imminent-rallies-for-group-of-crypto-assets-says-ethereum-eth-will-take-backseat/

A intently adopted crypto strategist is predicting rallies for digital property this week whereas mapping out Ethereum’s (ETH) value path in opposition to the

29/08/2022

Ethereum witnessed a major decline below the $1,600 zone against the U.S. dollar. ETH even declined below $1,500 at press time on CoinMarketCap. Now any recovery of more than $1.5k could face hurdles but again, surpassing the line remains a possibility. Rising amidst a storm The largest altcoin, at the time of writing, traded around the $1.45k mark after suffering a fresh 3% correction....

https://cryptofactz.com/will-ethereums-potential-short-squeeze-help-eth-escape-1-5k-trap/

Ethereum witnessed a serious decline beneath the $1,600 zone in opposition to the U.S. greenback. ETH even declined beneath $1,500 at press time on

29/08/2022

After the Federal Reserve annual meeting, BTC prices and other cryptocurrencies started a downhill trend on August 26. As of August 29, the market is showing no sign of recovery. Instead, the total crypto market cap has lost its $1 trillion mark. The current crypto market cap level stands at $950 billion, after losing a whopping $50 billion in 24 hours....

https://cryptofactz.com/crypto-analyst-alerts-investors-forecasting-inapt-btc-moves-in-september/

After the Federal Reserve annual assembly, BTC costs and different cryptocurrencies began a downhill pattern on August 26. As of August 29, the market is

29/08/2022

NFT OKHotshot stated most NFT trader trade at a loss. NFT analyst said celebrity NFT projects are notoriously bad investments. Blockchain researcher and Non-Fungible token (NFT) expert OKHotshot tweeted about 18 most uncomfortable facts to its 45K followers regarding the NFT sector on Saturday. In a long thread, the analyst highlighted many challenges facing the NFT sector, including hacking, losses, and projects that are nearly always expected to fail....

https://cryptofactz.com/famous-nft-analyst-warns-non-fungible-token-investors/

Blockchain researcher and Non-Fungible token (NFT) skilled OKHotshot tweeted about 18 most uncomfortable info to its 45K followers relating to the NFT sector

29/08/2022

The world’s largest crypto exchange by trading volume is restricting a corporate account with over $1 million in virtual assets due to a request by law enforcement. Digital assets exchange giant Binance says that it has locked the account of a Tezos (XTZ) tools contributor that contained $1 million worth of crypto assets. Furthermore, Binance says the tools developer, known as BakingBad, is attempting to “mislead” the broader crypto community by blaming the crypto exchange for the shut down....

https://cryptofactz.com/crypto-exchange-giant-binance-restricts-1000000-corporate-account-cites-law-enforcement-request/

The world’s largest crypto change by buying and selling quantity is limiting a company account with over $1 million in digital property resulting from a

29/08/2022

The price of Kucoin Token (KCS) has struggled to hold its key support against Tether (USDT) in recent times after showing a great recovery bounce as it cracks double-digit gains. Bitcoin (BTC) being rejected from a high of $25,200 to a region of $20,000 in the past few days has negatively affected the price of other altcoins, including Kucoin Token (KCS)....

https://cryptofactz.com/kucoin-token-struggles-to-hold-key-support-at-8-how-low-can-it-go/

The value of Kucoin Token (KCS) has struggled to carry its key assist in opposition to Tether (USDT) in latest instances after exhibiting a terrific

29/08/2022

The crypto market saw significant declines in the last 10 days with the mid-term and long-term expectations hit severely. First, a market-wide selloff led by whales and miners saw Bitcoin and Ethereum prices dive below $21,000 and $1550. Then, Fed Chair Jerome Powell’s hawkish stance pushed Bitcoin and Ethereum prices even lower. Data suggests the crypto market may likely witness another sell-off amid a possible 75 bps rate hike in September and bearish futures....

https://cryptofactz.com/data-suggests-crypto-market-may-witness-another-sell-off/

The crypto market noticed important declines within the final 10 days with the mid-term and long-term expectations hit severely. First, a market-wide selloff

29/08/2022

The crypto market is yet to recover from a spike in selling pressure over the weekend, with Ethereum and other cryptocurrencies almost reaching double-digit losses. Bitcoin has been one of the worst performers these past few days and might weaken during September. In the coming weeks, market participants will have their attention set on the Ethereum “Merge”, the event that will complete this network’s migration to a Proof-of-Stake (PoS) consensus....

https://cryptofactz.com/why-ethereum-will-continue-to-outperform-bitcoin-during-september/

The crypto market is but to recuperate from a spike in promoting stress over the weekend, with Ethereum and different cryptocurrencies virtually reaching

29/08/2022

In an unprecedented move, the U.S. Treasury Department levied sanctions on the crypto mixing company Tornado Cash earlier this month. The action is taken over allegations that the crypto mixer was used to launder virtual currency. The expected valuation of laundering digital assets is over $7 billion. The action taken by the Treasury Department has faced colossal backlash, especially from the crypto industry....

https://cryptofactz.com/future-of-privacy-coins-uncertain-after-tornado-cash-ban/

In an unprecedented transfer, the U.S. Treasury Division levied sanctions on the crypto mixing firm Twister Money earlier this month. The motion is taken over

29/08/2022

NFT Racing behemoth Formula One has filed two trademarks related to non-fungible tokens and crypto for the Las Vegas Grand Prix event, which is expected to take place in November 2023. As per the filings, Formula One plans to offer virtual goods in the form of sporting equipment, virtual clothing, headphones, lanyards, souvenirs, keyrings, digital art, jewelry, sculptures, and other items....

https://cryptofactz.com/formula-one-files-trademarks-related-to-nfts-and-crypto/

Racing behemoth Components One has filed two emblems associated to non-fungible tokens and crypto for the Las Vegas Grand Prix occasion, which is predicted to

29/08/2022

Singapore plans to increase the entry barrier into cryptocurrency trading for retail investors because they are “oblivious” to the associated risks, according to a speech delivered by the Monetary Authority of Singapore (MAS) managing director Ravi Menon on August 29. According to Menon, retail interest in cryptocurrencies remains very high despite the industry risks warnings. He continued that most of these interests were birthed by the lure of quick gains made through sharp price increases in the space....

https://cryptofactz.com/singapore-considers-stricter-crypto-regulations-to-protect-retail-traders/

Singapore plans to extend the entry barrier into cryptocurrency buying and selling for retail buyers as a result of they're “oblivious” to the related

29/08/2022

Popular crypto analyst Michaël van de Poppe is plotting a bullish scenario for Ethereum (ETH) amid the hype surrounding the smart contract platform’s incoming upgrade. The crypto strategist tells his 623,800 Twitter followers that he believes Ethereum’s current pullback from its August high of around $2,000 is likely coming to an end. “Looking at a scenario like this on Ethereum....

https://cryptofactz.com/heres-whats-in-store-for-ethereum-eth-leading-up-to-the-merge-according-to-analyst-michael-van-de-poppe/

Widespread crypto analyst Michaël van de Poppe is plotting a bullish situation for Ethereum (ETH) amid the hype surrounding the good contract platform’s

29/08/2022

The cryptocurrency market, especially Ethereum, continues to see red signals throughout the ecosystem. However, despite such cautionary signs, stakers & holders continue to build their Ethereum (Merge) castle. Falling, but not dead The crypto-industry shed 6.8% of its value within the last 24 hours, with over $300 million positions liquidated in the bloodbath. Ethereum, the market’s largest altcoin, might have suffered the most here....

https://cryptofactz.com/ethereum-yet-another-eth-2-0-deposit-contract-high-ft-holders-anti-selling-narrative/

The cryptocurrency market, particularly Ethereum, continues to see pink alerts all through the ecosystem. Nevertheless, regardless of such cautionary

29/08/2022

Ethereum started a major decline below the $1,600 zone against the US Dollar. ETH even declined below $1,500 and now any recovery could face hurdles. Ethereum extended its drop below the $1,600 and $1,500 levels. The price is now trading below $1,500 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,480 on the hourly chart of ETH/USD (data feed via Kraken)....

https://cryptofactz.com/ethereum-dives-below-1500-why-recovery-could-be-capped/

Ethereum began a serious decline under the $1,600 zone in opposition to the US Greenback. ETH even declined under $1,500 and now any restoration might face

29/08/2022

After Fed Chairman Jerome Powell’s speech last Friday, the broader equity markets and cryptocurrencies have come under severe pressure. The world’s second-largest cryptocurrency Ethereum (ETH) has seen a 12% drop in its price over the last weekend. As of press time, ETH is trading 2.66% down at a price of $1453 with a market cap of $177 billion. As per data from CryptoQuant, the ETH funding rate has dropped to negative hitting a new 14-month low....

https://cryptofactz.com/ethereum-funding-rate-at-14-month-low-what-does-it-mean-for-eth-price/

After Fed Chairman Jerome Powell’s speech final Friday, the broader fairness markets and cryptocurrencies have come below extreme strain. The world’s

29/08/2022

NFT Nonfungible token (NFT) analyst and blockchain detective "OKHotshot" has highlighted his picks for 18 of the most “uncomfortable truths” about the NFT industry. In a lengthy 20-part thread to his 45,000 followers on Twitter on Aug. 27, OKHotshot laid bare many of the issues currently plaguing the NFT industry, including irresponsible celebrity endorsements, hacking, and the kinds of projects that are almost always destined to fail....

https://cryptofactz.com/18-uncomfortable-truths-about-nonfungible-tokens/

Nonfungible token (NFT) analyst and blockchain detective "OKHotshot" has highlighted his picks for 18 of probably the most “uncomfortable truths” concerning

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