(Edited by Greg Ahlstrand)Good morning. Here’s what’s happening:Market moves:Bitcoin opened lower on the first trading day of U.S. equities market, while the stock market gained with Apple briefly hitting a $3 trillion market capitalization.Technician’s take: Price indicators suggest limited downside for BTC over the short-term as selling pressure slows.Catch the latest … [Read more...] about First Mover Asia: Bitcoin Slips Under $46K As Volume Across Major Centralized Exchanges Remains Low
On Wednesday, we recapped how Tesla’s bitcoin acceptance and Coinbase’s direct listing helped send bitcoin’s price to a new all-time high near $65,000, which turned out, in hindsight, to be the market peak. Today, we’ll show how some traders and investors began to cash out in April and May as concerns mounted over U.S. capital gains taxes, bitcoin’s environmental footprint and … [Read more...] about Bitcoin’s Price Remains Boxed In Below $51K Over Holiday Weekend
Solana's blockchain performance was reportedly hit by a distributed denial of service (DDoS) attack over the past 24 hours, however the network appears to have remained online throughout.A DDoS attack generally refers to a large number of coordinated devices, or a botnet overwhelming a network with fake traffic to take it offline. This wouldn't be the first time Solana has … [Read more...] about Solana reportedly hit by DDoS attack but network remains online
In a finding that has returned conversation about the growth of crypto adoption in Nigeria, the country has been ranked as having the highest rate of crypto ownership globally.This figure became public thanks to the research of Finder Cryptocurrency Adoption Index, which disclosed that 24.2% of Nigerians invest in at least one digital asset.Nigerians love BTCA further breakdown … [Read more...] about Nigeria ranks ahead of U.S., others in crypto ownership. Bitcoin remains hot favorite.
In an interview with CNBC’s Street Signs Asia released Tuesday, Sam Bankman-Fried expressed optimistic caution surrounding the pace of nonfungible tokens' (NFT) growth over the last year, warning investors that they could become vulnerable to the volatile market dynamics if improperly educated in the space.The 29-year old crypto entrepreneur and founder of the trading company … [Read more...] about FTX’s Bankman-Fried remains cautious about nascent NFT space