Bitcoin Sees Confident Buying From Smart Money Amid Dip – Details
In the last week, Bitcoin prices fell to around $65,000, resulting in a net loss of 6.74%. This recent decline underlines the asset’s struggles in March, which, despite periods of attempted price breakout, has witnessed an equal or greater pullback, producing a current net monthly loss of 4.4%. Amid this price instability, the Analytics page Easy On Chain has shared an interesting trend on smart money accumulation in the Bitcoin market. Related Reading: If Bitcoin Should Be Worth $280,000 Right Now, What’s The Real Value Of Dogecoin And XRP? Bullish Market Divergence Dominates Bitcoin....
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Ethereum’s rival Razormind has released details of the crowdsale for their DeOS tokens ÐEOS, the platform provisioning currency which begins this Friday July 15 at 12pm GMT. The ÐEOS tokens can be used to register smart assets, register identities, submit smart contracts and further down the line they will be able to be used to purchase decentralized storage. Confident of security. The company must be very confident of the security and potential of their blockchain and smart contract token based project to go live with this so soon after the problems which have hindered Ethereum’s....
The head of the Dubai government’s Smart Dubai initiative provided new details on how she believes blockchain can help drive the city’s modernization efforts in a speech at industry conference Keynote 2016 yesterday. In remarks, director general at the Smart Dubai Office, Dr Aisha Bin Bishr, spoke broadly about her organization’s plans to help make Dubai the best connected and "happiest" city in the world. Further, Bin Bishr discussed how blockchain fits into this larger strategy, while touching on her work with the Global Blockchain Council (GBC), the public-private tech....
Multinational services and consultancy firm Accenture has developed a smartplug that leverages blockchain technology to seek the lowest tariffs available, thereby saving money by lowering electricity costs wherever possible. In a news story under its ‘Technology column’ today, the BBC published an article announcing Accenture’s development of a smart plug that could save money on electricity costs. The BBC article screamed the headline “Bitcoin Could Help Cut Power Bills.” One to stir interest for sure, while a closer look at the news story sees the ‘smart plug’ powered by a smart....
Bitcoin is back to the $107,000 price territory after a highly bearish session on Wednesday, capping every one of its bullish attempts. Despite the downward trend, certain BTC investors remain unshaken by this negative action, as evidenced by a robust buying pressure from the group. Smart Money Is Moving Sharply Into Bitcoin Amid the ongoing […]
Binance CEO Changpeng Zhao (CZ) said people should invest in crypto if they're using "cash that you don't need for a long time" as the market sees high volatility amid FTX's fallout. Binance CEO Changpeng “CZ” Zhao has strongly advised cash-strapped and inexperienced investors to stay away from trading cryptocurrencies amid extreme market volatility and unpredictability. On a Nov. 14 Zhao-led “Ask Me Anything” Twitter space hosted by Binance the CEO suggested that unsophisticated investors wait out the turbulent period instead of risking money needed for living expenses:“You should not....