A bullish technical analysis pattern, contrasting with the one in bitcoin (BTC) that warned of a recent market swoon, is seemingly emerging on bitcoin-holder MicroStrategy’s (MSTR) price chart. The MicroStrategy pattern, a double bottom, comprises two consecutive troughs at about the same price, said to reflect downtrend exhaustion, and a trendline (a so-called neckline) drawn […]

The Solana Foundation nixed an ad widely criticized for being anti-queer late Monday, nearly nine hours after seemingly invoking the culture wars as a mechanism to boost conference attendance. The now-deleted spot imagines “America” in therapy. A human embodiment of the nation desperately wants to think big – about tech, crypto, space travel. But he […]

Gold has been on a strong run, surpassing $3,000 for the first time last week, and now there are calls for even more upside for the precious metal prices. Jeffrey Gundlach, CEO of DoubleLine Capital and colloquially known as the “Bond King” for his expertise in fixed-income markets, believes the rally is far from over […]

The Bitcoin network hashrate rose 2 exashashes per second (EH/s) in the first two weeks of March, to an average of 811 EH/s, Wall Street bank JPMorgan (JPM) said in a research report Monday. JPMorgan noted that U.S.-listed miners maintained their share of the network hashrate at around 30%. The hashrate refers to the total […]

South Korea’s central bank, the Bank of Korea (BOK), has taken a cautious stance on including bitcoin in its foreign exchange reserves, per a Korea Economic Daily report. In response to a question posed by a member of the National Assembly’s Strategy and Finance Committee, the BOK made it clear on Sunday that it has […]