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Coinbase Ventures Escalated Investment Activity in 2021 – With a Particular Focus on These Two Crypto Sectors

Coinbase’s investment arm escalated its investment activity in 2021, sinking more capital into crypto projects last year than ever before. Coinbase Ventures completed nearly 150 deals last year, averaging a new deal every 2.5 days, according to a new blog post from the company. “On a cumulative basis, more than 90% of the capital Coinbase […]

The post Coinbase Ventures Escalated Investment Activity in 2021 – With a Particular Focus on These Two Crypto Sectors appeared first on The Daily Hodl.

Google Cloud Ramped Up Its Blockchain Efforts With Digital Asset Team

Google Cloud ramped up its blockchain efforts as it formed a digital asset team that aims to accelerate customers’ efforts in the crypto space as we are reading further in today’s blockchain news. Crypto, blockchain, and decentralized technology are fascinating topics that have been heating up for a decade now and everyone today wants to […]

Fidelity’s Director of Global Macro Updates His Outlook for Bitcoin Price

Recently, Jurrien Timmer, Director of Global Macro at Fidelity Investments, shared his latest thoughts on Bitcoin. Timmer took to Twitter on January 25 to call the past month a “bad trip for crypto,” noting that “the GS Bitcoin-sensitive equity basket already took out its 2021 lows.” The analyst said such a fall was “not a great […]

Ethereum ($ETH) and Other Altcoins Are a ‘Pyramid Scheme’, Says Max Keiser

Popular cryptocurrency strategist and former Wall Street trader Max Keiser has revealed he believes that altcoins and Ethereum ($ETH), in particular, are “just outright scams” that should eventually stop existing. Keiser, who speaking to Kitco News’ Michelle Makori said these altcoins are a “pyramid scheme,” is a well-known bitcoin bull. During his interview with Makori, […]

Next Generation Sequencing (NGS) Data Analysis: Global Market Analysis and Forecast to 2026 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Next Generation Sequencing (NGS) Data Analysis – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering. Global Next Generation Sequencing (NGS) Data Analysis Market to Reach US$1.2 Billion by the Year 2026 Growth in the global market is set to be driven due to extensive uptake of the technology for […]

The post Next Generation Sequencing (NGS) Data Analysis: Global Market Analysis and Forecast to 2026 – ResearchAndMarkets.com appeared first on Fintech News.

Year in review: Coinbase reflects on VC funding, DeFi investments & NFTs

Coinbase is looking back on 2021, and there are some formidable stats to wade through as we understand the growth of the exchange and the crypto space in just a year. Time to have “fund” In 2021, venture capital funding hit a never-before-seen high as close to $30 billion entered the crypto sector. This was more […]

SafeMoon (SAFEMOON) – Meme coin is tumbling as the hype continues to die out

Like most meme coins, SafeMoon (SAFEMOON) was fully counting on increased hype and social…

The post SafeMoon (SAFEMOON) – Meme coin is tumbling as the hype continues to die out appeared first on Coin Journal.

The Sandbox (SAND) is rebounding – Here is why you should be cautiously optimistic

After a massive blood bath for most parts of January. Sandbox (SAND) is starting…

The post The Sandbox (SAND) is rebounding – Here is why you should be cautiously optimistic appeared first on Coin Journal.

Enjin Coin (ENJ) rallies slightly – Can it find enough bullish momentum in the near term?

Metaverse and blockchain gaming tokens are starting to come out of the crypto winter.…

The post Enjin Coin (ENJ) rallies slightly – Can it find enough bullish momentum in the near term? appeared first on Coin Journal.

Commodities and Cryptos: Crude’s great week, Gold extends losses, Bitcoin rebounds

Oil Crude prices have been on fire, rising for a sixth straight week as the demand outlook improves and over geopolitical fears could lead to severe production disruptions. The supply side continues to support a tight market as OPEC+ is expected to stick to their plan of increasing output by 400,000 bpd in March, even […]

This Bitcoin Volatility Index Pattern Suggests A Short Squeeze May Be Near

The current Bitcoin volatility Index values suggest that a short squeeze may be near, if past pattern continues to hold. Past Bitcoin Volatility Index Pattern Suggests A Short Squeeze May Happen Here As explained by an analyst in a CryptoQuant post, the BTC volatility index has now reached values where a short squeeze has happened in the past. The “volatility index” is an indicator that shows how much the price of Bitcoin has fluctuated in a day compared to its historical average. When the value of this metric rises, it means the crypto’s price has recently seen higher volatility as its price has deviated more from its average. On the other hand, low values suggest Bitcoin has been relatively stable lately as the price hasn’t seen any large movements. Volatility is often high following a liquidation event. These “liquidation squeezes” happen when the market is overleveraged, and so any big swings in the price lead to mass liquidations of futures positions. Related Reading | Bitcoin Bearish Signal: Binance Observes Massive Inflow Of 10k BTC The price usually crashes during a long liquidation squeeze due to a cascading effect by these liquidations. On the contrary, the price may instead jump up during a short squeeze. Now, here is a chart that shows the trend in the Bitcoin volatility over the past six months: The index's value seems to have risen and subsequently fallen recently | Source: CryptoQuant As you can see in the above graph, the indicator’s value shot up recently following a long squeeze, but has now come back down. At the moment, the Bitcoin liquidation index seems to have values of around 19.12. In the chart, the quant has highlighted past portions that are relevant to this current trend. It looks like shortly following such a formation, the price has made a strong move up with a short squeeze. Related Reading | ‘Bitcoin Rush’: Small-Time Solo Miners Strike Gold With Full BTC Blocks The analyst thus thinks that the coin may follow this pattern now as well, and its price may go back to $46k to $47k. However, the quant believes that such a move will only be short term relief, and Bitcoin will resume the downtrend soon after. BTC Price At the time of writing, Bitcoin’s price floats around $36.2k, down 5% in the last seven days. Over the past month, the crypto has lost 28% in value. The below chart shows the trend in the price of BTC over the last five days. BTC's price seems to have moved sideways in the last few days | Source: BTCUSD on TradingView A few days back, the price of Bitcoin jumped back to $38k, but the recovery didn’t last long and the crypto fell down to $36k. Featured image from Unsplash.com, charts from TradingView.com, CryptoQuant.com

OKcoin-Fee Free Earning and Low Fee Trading!

An age-old saying states that there are only two certainties in life: Death and taxes. Whoever came up with that saying clearly coined the phrase before crypto, I would add one more to that list, and that is fees! Not all exchanges are created equal in terms of fees, asset support, rewards distributions, features etc., which is […]

The post OKcoin-Fee Free Earning and Low Fee Trading! appeared first on Coin Bureau.

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