SOL’s futures open interest recently hit $1 billion and while the recent price swing liquidated leveraged longs, data suggests the short-term top is not a bearish trend reversal. Solana (SOL) reached a $216 all-time high on Sept. 9 after rallying 508% since Aug. The bull run caused some analysts to project a $500 target which […]

While Pepe the frog and Doge made it into the limelight with unique and rare non-fungible token (NFT) assets, another NFT meme collection tied to the infamous 2010 meme “Wojak” has entered the fray. A new NFT collection stemming from the web portal called rarewojak.com has leveraged the notorious, old-school meme to release a compilation […]

Hyperbitcoinization comes from adoption. Teaching others about Bitcoin ushers in this change even quicker. If you’re reading this article on Bitcoin Magazine, then it’s likely that you and I have a lot in common. Clearly, we’ve both fallen down the Bitcoin rabbit hole. See if this sounds like you: Heading to the gym? I’ll listen […]

As of September 25, 2021, there’s $129.3 billion worth of stablecoin assets in existence which represents 6.54% of the crypto economy. The second-largest stablecoin by market valuation, USDC, has seen its capitalization increase a great deal, rising more than $10 billion in 125 days. Since May, USDC’s Market Cap Increased by 54% In recent times, […]

Bitcoin (BTC/USD) was confined to a very tight range early in the Asian session as the pair appreciated to the 42791.24 level after trading as low as the 41675 area during the European session, with the interday low representing a test of the 61.8% retracement of the recent appreciating range from 40683.29 to 43242.90.  The […]

Bitcoin (BTC/USD) was confined to a very tight range early in the Asian session as the pair appreciated to the 42791.24 level after trading as low as the 41675 area during the European session, with the interday low representing a test of the 61.8% retracement of the recent appreciating range from 40683.29 to 43242.90.  The […]

Older Australian crypto investors outweigh the new generation in initial investment, but the younger crowd is more active in daily trading. The average portfolio size on Australian cryptocurrency exchange BTC Markets has grown from $577.65 (795.5 Australian dollars) to $2,069.16 (2849.5 AUD) in the financial year 2021, signaling a 258.2% increase in portfolio holdings, according […]

Gaming is on track to boost the adoption of DeFi platforms. Here is a look at the latest developments that are pushing the play-to-earn business model. The past few months have seen decentralized finance (DeFi) platforms gain a cult-like following on the backdrop of a bullish cryptocurrency market. That revolution of digital money is now […]

A bronze statue paying homage to “Satoshi Nakamoto,” the anonymous creator of Bitcoin has been unveiled in Budapest last week. The statue was sculpted by artists sculptors Reka Gergely and Tamas Gilly and the inspiration for the project came from Andras Gyorfi, a Bitcoin journalist based in Hungary. The statue is located in a technology […]

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