Search Results for: 17K

Why Bitcoin Crashed by $3000 and Is Currently Undergoing a Sharp Price Correction

After a bullish rally where Bitcoin soared past $18,500 on certain exchanges, the digital asset underwent a notable price correction, trading dropping below $16,500. Bitcoin’s price pulled back, down an approximate 5% in the last 24 hours. It has regained a bit of momentum since it dropped, trading at around $17,130.00 on CoinMarketCap at the … Continue reading Why Bitcoin Crashed by $3000 and Is Currently Undergoing a Sharp Price Correction

Is Bitcoin Market Sentiment Shifting from Fear to Capitulation?

As Bitcoin (BTC) continues hovering around the $20K zone, market sentiment might be changing from fear to capitulation. “Bitcoin goes from $69,000 to $17,600, and people are still looking for signs of capitulation? There can be another downswing to $16,000-$14,000, but be aware that you will never time the BTC bottom. DCA all the way,” Market … Continue reading Is Bitcoin Market Sentiment Shifting from Fear to Capitulation?

Bitcoin Hodlers are Unwilling to Spend at Lower Prices as Most Coins Remain Untouched

Despite the bearish momentum experienced in the Bitcoin (BTC) market, long-term hodlers remain steadfast because they are not selling. Market insight provider Glassnode explained: “Over 80% of the total USD denominated wealth invested in Bitcoin has been hodled for at least 3-months. This signifies that the majority of the Bitcoin  supply is dormant, and hodlers … Continue reading Bitcoin Hodlers are Unwilling to Spend at Lower Prices as Most Coins Remain Untouched

Bitcoin Transaction Volume Turning Normal after a Bumpy Month

Bitcoin started to normalise after its transaction volume slipped last month, according to market insight provider Santiment. Santiment explained: “Bitcoin’s biggest July transactions primarily happened during the bottom, and transaction volume is beginning to normalize now.” Source: Santiment The leading cryptocurrency recently dipped to lows of $17K, which contributed to the dwindling transaction volume. Nevertheless, BTC … Continue reading Bitcoin Transaction Volume Turning Normal after a Bumpy Month

Bitcoin Shark, Whale Addresses Have Been Surging Since Mid-June

As Bitcoin (BTC) continues hovering around the $23,000 level, shark and whale addresses have been experiencing a leg up since mid-June. Crypto insight provider Santiment explained: “As Bitcoin hovers right around $23k here in the first week of August, we see a continued trend of growing numbers of addresses popping up that hold between 10 … Continue reading Bitcoin Shark, Whale Addresses Have Been Surging Since Mid-June

Bitcoin’s Small to Mid-Sized Addresses Continue Going Through the Roof

As Bitcoin (BTC) continues hovering around the $19K zone, small to mid-sized addresses are scaling the heights, according to Santiment.  The market insight provider explained: “Bitcoin’s small to mid-sized addresses (holding 0.1 to 10 BTC) hold an AllTimeHigh 15.9% of the coin’s available supply.” Source:Santiment Therefore, Bitcoin addresses have been witnessing heightened activity. Santiment added: … Continue reading Bitcoin’s Small to Mid-Sized Addresses Continue Going Through the Roof

BinaryX Releases Concept Art for World Building MMO CyberLand

Singapore, Singapore, 24th November, 2022, Chainwire BinaryX has confirmed that it is working on a new free-to-play, play-to-own game, CyberLand, an open-world MMO powered by blockchain technology. The team just released the concept video which gives a first look of the terrains and features of the game.  Free-to-play, Play-to-Own CyberLand marks BinaryX’s official transition away from play-to-earn … Continue reading BinaryX Releases Concept Art for World Building MMO CyberLand

BinaryX Introduces Cyber Incubation Fund to Support Blockchain Games

Singapore, Singapore, 12th December, 2022, Chainwire BinaryX launches a new 220,000 BNX Cyber Incubation Fund, aimed at driving the growth and adoption of Web3 games.  The fund, supported by the project team, seed investors and members of the BNX community, will be used to invest in on-chain gaming projects that utilize or are experimenting with blockchain … Continue reading BinaryX Introduces Cyber Incubation Fund to Support Blockchain Games

BinaryX Releases Trailer and Opens Beta Test For Futuristic Space Game Project Matthew

Singapore, Singapore, 13th March, 2023, Chainwire BinaryX announced today the upcoming release of a space-building simulation game, Project Matthew. The team just released the trailer video which gives a first look at the game, and is also opening registration for their Closed Beta Test happening soon.  Introducing Project Matthew: The Exciting New Space-Building GameProject Matthew is … Continue reading BinaryX Releases Trailer and Opens Beta Test For Futuristic Space Game Project Matthew

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