Mike McGlone, a guest on Scott Melker’s show The Wolf Of All Streets, discussed possible scenarios for the cryptocurrency world in light of macroeconomic data. In his analysis, McGlone, who specifically highlighted energy costs and liquidity crunch, warned investors against an “unexpected decline.” McGlone argues that the sudden rise in oil prices (WTI) has put
Strategy (MSTR), the largest publicly traded bitcoin holder, has maintained an 11.5% dividend rate for May on its perpetual preferred stock, Stretch (STRC), marking a third consecutive month at that dividend rate. The volume weighted average price (VWAP) during April came in at $99.76, which was close enough to its $100 par value to justify
On-chain analytics firm Glassnode has highlighted how the latest Bitcoin rejection came inside a zone containing some historically important cost basis levels. Bitcoin Could Find Support At -1 SD Of The STH Realized Price Next In its latest weekly report, Glassnode has talked about a key cost basis zone that Bitcoin retested recently. The region
COZ has distributed 550 $NEO across five ecosystem contributions outlined in its most recent Proof of Working 2.4 transparency report. The round is the fifth since the program’s relaunch, bringing cumulative distributions to 3,127 $NEO. The Proof of Working program rewards independent contributors for publicly delivered work in the Neo ecosystem. Contributions must be open-sourced,
Bitcoin price started a recovery wave above the $76,500 zone. $BTC is consolidating and might aim for more gains if it clears the $76,750 resistance zone. Bitcoin managed to form a base above $75,000 and started a recovery wave. The price is trading below $77,000 and the 100 hourly simple moving average. There is a
RootData, a leading web3 asset data platform that provides comprehensive, structured, and real-time data on crypto projects, has announced its groundbreaking collaboration with Certik, a famous blockchain security firm specializing in securing Web3 projects, smart contracts, and blockchain protocols. The hidden aim of this partnership is to ensure security and transparency for Web3 projects around
On the 6th of February, Bitcoin [$BTC] dived to a low of $60k. The swift losses on the 5th of February had resulted in $1.84 billion in long liquidations. Market participants feared that the bear market would only worsen. A perfect bearish storm appeared to be whipping up. In his State of the Union address
Bitcoin has failed to sustain a move above $78,000 in the 24 hours following Wednesday’s FOMC decision, with three straight sessions of Bitcoin ETF outflows totalling over $490 million signalling that institutional allocators are pausing rather than adding exposure as uncertainty over the Fed’s direction deepens. Bitcoin ETF data from SoSoValue confirmed $137.77 million in
Bitcoin was trading at $75,900 on Wednesday after the Federal Reserve’s latest rate decision sent a chill through crypto markets, capping three straight days of withdrawals from US spot Bitcoin exchange-traded funds that together erased more than $490 million. Fidelity And BlackRock Lead The Exodus Fidelity’s FBTC took the heaviest hit, shedding $191 million over