Cryptocurrency

Bitcoin clings to $42K as key moving average break from July reappears

Bitcoin (BTC) consolidated above $42,000 previous to Wall Side road’s opening bell on Jan. 7 as extra similarities to final yr’s lows emerged. BTC/USD 1-hour candle chart (Bitstamp). Supply: TradingView BTC “very intently” mimicking Might habits Information from Cointelegraph Markets Professional and TradingView tracked a fearful Bitcoin marketplace as BTC/USD have …

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Bitcoin leverage ratio reaches new highs

The estimated leverage ratio for Bitcoin (BTC) hit a brand new all-time top closing night time, consistent with CryptoQuant. Additional metrics level to rising leveraged passion, however liquidations have remained rather low.  In step with on-chain analytics useful resource CryptoQuant, whilst the Bitcoin worth fell off a cliff during the …

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ImmuneFi report $10B in DeFi hacks and losses across 2021

Decentralized finance, or DeFi, safety platform and insect bounty provider ImmuneFi printed an reputable file on Thursday, which calculated the whole quantity of losses within the cryptocurrency markets in 2021. Consistent with its file, the corporate discovered that losses because of hacks, scams and different malicious actions exceeded $10.2 billion …

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