Bitcoin’s illiquid supply—the portion of coins held by entities with little history of spending—has climbed to a new record high, surpassing 14.3 million BTC in late August, according to Glassnode. With 19.9 million BTC currently in circulation, around 72% of the total supply is now illiquid, held by entities such as long-term holders and cold … Read more
Bitcoin BTC$111,749.95 is trading in a tight range around $111,000 having lost 2.9% of its value over the past 30 days. Bitcoin dominance has slipped from 61% to 57% in same period, indicating a bullish outlook for altcoins, coinciding with a slew of crypto treasury companies adoption altcoin accumulation strategies. Ether (ETH), up 1.1% since … Read more
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. A key technical indicator is warning of an early end to the bitcoin BTC$110,006.37 bull market, even as traders continue to position for a continued rally into the year-end. The indicator under consideration is the Relative Strength Index (RSI), a momentum … Read more
Xbox first-party racing titles Forza Horizon 5 and Forza Motorsport will continue to get support, Microsoft has confirmed amidst speculation over the Forza Franchise. Developers Turn 10 Studios and Playground Games will continue to add content to the games, despite layoffs at the former. Forza Motorsport studio Turn 10 was reportedly hit with layoffs last … Read more
All three major bitcoin (BTC) realized price metrics are in a clear uptrend, indicating that investors across cohorts are continuing to accumulate BTC at higher prices. This includes the Short-Term Holder (STH) Realized Price, currently at $106,000, which often acts as dynamic support during bull markets. Meanwhile, the Long-Term Holder (LTH) Realized Price stands at … Read more
Bitcoin on Thursday, January 18 clocked a minor dip of 0.87 percent. The oldest, most expensive cryptocurrency was trading at the price point of $42,544 (roughly Rs. 35.3 lakh) at the time of writing. In the last 24 hours, the value of Bitcoin has reduced by $302 (roughly Rs. 25,115). Bitcoin’s price has mostly remained … Read more
Two NFT artists, Ryder Ripps and Jeremy Cahen, have been ordered by a US court to shell out $9 million (roughly Rs. 74 crore) from their pockets and pay the sum to Yuga Labs, the creator of Bored Apes Yacht Club (BAYC) NFTs. The two parties have been embroiled in an intense legal battle since … Read more
Microsoft laid off 10,000 employees last week, citing prevailing economic climate. The job cuts at the tech giant affected the games division as well. Specifically, the developers at The Coalition, Bethesda Game Studios, and 343 Industries — the last of which is responsible for the Halo series. The studio, which has seen a wave of … Read more
Bitcoin’s price rose by 0.93 percent on Thursday ahead of the upcoming fourth Bitcoin halving process, raising the value of the currency to $66,615 (roughly Rs. 55.5 lakh), as per the crypto price tracker by Gadgets360. In the last 24 hours, the value of BTC rose by $468 (roughly Rs. 39,025). On international exchanges, meanwhile, … Read more
Call of Duty release in 2023 is reportedly a full game and a continuation of last year’s rebooted sequel Call of Duty: Modern Warfare II. As per Bloomberg reporter Jason Schreier, publisher Activision, who earlier decided against releasing a CoD title this year, has had a change of heart. The company previously planned on getting … Read more