Analyst explains why Bitcoins $12 billion open interest loss was crucial

The recent liquidation of Bitcoin open interest is seen as a crucial step in the bullish uptrend of the cryptocurrency market. This wipeout of positions is necessary for the market to reset and pave the way for renewed growth. As Bitcoin’s price reached new highs, many traders had built up large open positions, leaving the [...]

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Animoca Brands co-founder explains why NFTs aren’t dead

While it’s evident that NFTs lost the glory they once had, Animoca Brands co-founder Yat Siu defended the non-fungible token market during a Bloomberg interview with host Caroline Hyde. According to Siu, the NFT world remains strong despite the faded activity. He highlighted that the industry continued to rake up massive sales. He revealed that …

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Tesla CEO Elon Musk Shares Dogecoin Video — Says It ‘Explains Everything’ – Altcoins Bitcoin News

Tesla CEO Elon Musk has shared a dogecoin video on Twitter in a conversation about bitcoin mining on April 1. He says, “this video explains everything.” Elon Musk Shares Dogecoin Video Tesla and Spacex CEO Elon Musk shared a video about the meme cryptocurrency dogecoin (DOGE) on April 1 in reply to a tweet about […]

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What to Do? BTCWires Explains

App Store Outages and Missing Crypto Wallets: What to Do? BTCWires Explains In a world that offers services increasingly more interconnected, it should come as no surprise that things sometimes do not end up as planned – and yet, it does. Following an outage that rendered most apps and internal systems unavailable last Monday, March […]

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Crypto researcher explains why Cardano is not ’10x in a month’ type of investment

Many in the Cardano community are unhappy with their assets, and things reached a point where founder Charles Hoskinson threatened to instantly block anyone who whined to him about ADA prices. New Twitter policy. If you complain about price or ask to burn coins, then instablock. Let’s see how quickly this cleans up the feed […]

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