Bitcoin Struggles Above $16,500 Low As Sellers Threaten

Bitcoin (BTC) price has declined in the last three days after the rejection at the moving average lines. Bitcoin price long-term forecast: bearish Buyers pushed the cryptocurrency to a high of $16,963 on Dec. 26, but were beaten back. Since then, the bitcoin price has fallen to a low of $16,444, but the bulls have bought the dips. At the […]

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BMW taps Coinweb and BNB chain for blockchain loyalty program

German car manufacturer BMW plans to integrate blockchain technology into its daily operations and create a blockchain loyalty program for its customers in Thailand. The popular carmaker has onboarded blockchain infrastructure firm Coinweb as its decentralized architecture provider and BNB Chain for settling transactions. The integration of blockchain technology into BMW’s workflow will take place in two phases. First, the […]

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The FTX Controversy Continues: Alameda Dumps $1.7M Crypto Assets For Bitcoin – Coinpedia Fintech News

On December 28, a significant amount of tokens owned by SBF’s trading business Alameda Research were sold on the open market. Cryptocurrency research company Arkham Intelligence reported that approximately $1.7 million worth of Ether, USDC, DAI, and CRV tokens were traded over several hours from wallets connected to Alameda.  The assets were then exchanged for Bitcoin on trading platforms such […]

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Binance Coin Holds Above $225 As Traders Ponder Their Next Move

The price of Binance Coin (BNB) has remained trapped in a narrow range below the $250 resistance level after the $225 price drop. Binance Coin price long term forecast: bearish Due to the presence of indecisive small-body candles known as doji, the price movement is insignificant. Currently, the BNB price is moving between $225 and $250. The current consolidation could […]

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70% of unregulated exchange transactions are wash trading: NBER study

With exchanges becoming a focus as the FTX fiasco continues, a new research paper suggested that almost three out of four transactions in unregulated exchanges are fake.  A working paper titled “Crypto Wash Trading” was recently published by the National Bureau of Economic Research (NBER). Using statistical and behavioral patterns to determine which transactions were legitimate or not, the paper […]

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Microstrategy Bitcoin purchase divides the crypto community

Software analytics company MicroStrategy recently added more Bitcoin (BTC) to the firm’s holdings. Members of the crypto community had mixed reactions to the move.  In a recent tweet, MicroStrategy’s executive chairman Michael Saylor announced that the firm had made another Bitcoin purchase. The move puts the firm’s total BTC holdings at 132,500 BTC, purchased for a total of $4.03 billion […]

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Which celebrities joined and left crypto in 2022?

The crypto world is still developing at lightning speed. The adoption of projects built on blockchain technology has increased tremendously in 2022, and this is partly due to the celebrities who have contributed to it. Thanks to these well-known people, crypto-related projects have reached a large audience, through their social media accounts and the many news outlets that wrote about […]

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