Fantom price analysis: FTM sellers are going to cover their short positions, can we expect a sharp rally?

Fantom Coin overcame selling pressure as it broke a falling wedge trendline on the daily price chart. The FTM coin has started moving higher in the red cloud of the Ichimoku indicator on the daily price chart. The Stoch RSI has moved into overbought territory in terms of the daily price scale. Fantom Coin started …

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Hardware Worth $1.9 Million Stolen in Russia’s Crypto Mining Capital

Russian law enforcement is looking into the alleged theft of mining hardware valued at around $1.9 million. The powerful computing equipment disappeared from a crypto mining hotel in Irkutsk, the owners of which have been accused of large scale fraud. 100 Russians Lose Mining Machines Worth 100 Million Rubles Police in the Russian Irkutsk Oblast …

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Bitcoin Getting Heavily Accumulated as Number of 10K BTC Addresses Soars

Glassnode analytics agency has reported that the number of BTC addresses that hold 10,000 Bitcoins has spiked to 100. At press-time, 10,000 BTC is worth $213,313,000 in accordance with the current exchange rate of Bitcoin against the USD. 📈 #Bitcoin $BTC Number of Addresses Holding 10k+ Coins just went above 100. Current value: 100 View …

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This Week in Coins: Bitcoin and Ethereum Lead Sizable Recovery Among Top Cryptocurrencies

This week in coins. Illustration by Mitchell Preffer for Decrypt. Crypto markets have recovered a bit, following last week’s brutal crash that shaved off more than 30% of the value from leading coins Bitcoin and Ethereum, which dropped to levels not seen since 2020. Bitcoin is up more than 10% over the last seven days, …

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Sam Bankman-Fried provides bailouts, ‘Bitcoin dead’ searches soar, and debate over hidden themes behind BAYC continues: Hodlers Digest, June 19–25

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week SBF and Alameda step in to prevent crypto collapse contagion …

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Axie Infinity Price Analysis: AXS Bounces 20%, Bulls Aim To Reach 50 EMA By June End

The Axie Infinity token broke the descending trend line and reached the next round level of $20. AXS speculators saw a sudden jump in volume compared to the previous night, with a 344% jump during the recovery. The RSI indicator looks above the semi-line (50-mark) on the daily price chart after 2 months of consolidation. …

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Singapore: Is the City-State Ready to Become Asia’s Next Crypto Hub?

In a speech at the opening of the Point Zero Forum on 22 June 2022, Heng Swee Keat, Singapore’s Deputy Prime Minister and Coordinating Minister for Economic Policies, said that the country is keen to work with “responsible” blockchain and digital asset players for the growth of Singapore’s crypto ecosystem. The recent comments from Swee …

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Tim Frost believes LUNA pump shows fighting spirit of investors

The original Terra Chain has been renamed Terra Classic (LUNC), and Terra has been relaunched as Terra 2.0 (LUNA). This happened after developers behind the defunct stablecoin TerraUSD decided last week to abandon the token to develop a new blockchain and digital asset. Meanwhile, Tim Frost, founder and CEO of the Yield app, shared some …

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