Bitcoin MVRV suggests rally may have more room to grow
The current trend in the Bitcoin MVRV ratio suggests that the ongoing rally in the cryptocurrency’s price may have room to grow further. Bitcoin MVRV ratio...
Author: James
“Stamps” are the new Bitcoin NFTs
Bitcoin NFTs continue to evolve at a rapid pace. Now a new type of NFT called “Stamps” has taken the Bitcoin blockchain by storm this week....
Bitcoin Shows Parallels With 2017 Cycle, Here’s What Could Happen Next
A quant has pointed to parallels between the current and 2017 Bitcoin cycles, which could hold hints about what’s next for the asset. The current Bitcoin...
NFT and traditional artists come to New York for the Babylon Art Exhibition
New York, USA, 10 April 2023, Chainwire Babylon x NYC, an exhibition of more than 100 physical and digital works of art, takes place in New...
Economists Expect Fed to Reveal Another 25bps Rate Hike Before Taking a Break for Rest of 2023 – Finance Bitcoin News
After the rate hike by the Federal Reserve in March, economists believe that the recent move by Saudi Arabia and several members of the Organization of...
Dapper Labs Inc. and NBA Top Shot Moments NFTs: How the Howey Test Can Determine Whether NFTs Are Securities
Dapper Labs has been under fire since Jeeun Friel, a Virginia woman and NBA Top Shot user, filed a putative class action lawsuit against Dapper Labs,...
Oil Crude Lower, Gold Back at $2,000, Bitcoin Resilience
Oil lower given the risk-off tone on Wall Street Gold falls as dollar rises as bets on Fed rate hikes lock in Bitcoin is rallying back...
Unreleased David Bowie Music Hits the Blockchain
Groundbreaking audio platform, Gala music, has announced the imminent arrival of a previously unreleased version of David Bowie’s 1983 hit “Let’s Dance” as an NFT. The...
Bitcoin: Mt. Gox will release 141,686 BTC and 143,000 BCH
Creditors expected to receive approximately 141,686 Bitcoin (BTC) and ¥69 billion in Mt. Gox plans to pay off debt. Mt. Gox Investment Funds and Bitcoinica, chose...
The role of market forces in Bitcoin’s price development
Photo provided by Pexels Bitcoin’s price performance has been anything but steady, and this was especially true in 2022. The price of BTC fell more than...