What happens to lost Bitcoin?

Halloween-themed cryptocurrencies are taking over the crypto ecosystem on Twitter, typically purchased as an off-the-shelf product providing no real use case or future for investors. 212 Total views 2 Total shares The crypto community never shies away from deploying new cryptocurrencies that are themed on current events, and Halloween was no exception. The industry saw…

LUNA has outperformed almost every top-ranking cryptocurrency this week including Bitcoin despite the market turmoil. 393 Total views 60 Total shares A rebound rally in the Terra (LUNA) market this week risks exhaustion as the price retests a key trendline for a potential pullback.Descending channel risks LUNA declineLUNA has been trending lower inside a falling…

Bitcoin (BTC) is "confirming" a bear market because whales are still sending large amounts of BTC to exchanges.That's according to Ki Young Ju, CEO of on-chain analytics service CryptoQuant, who on June 21 warned over the "very uncertain" current state of Bitcoin. Too many whales spoil the market?Uploading a chart of the so-called "Whale Capitulation Index,"…

Bitcoin’s (BTC) recovery from $29,482.61 on July 21 has continued to surpass one resistance after another. Today, Bitcoin has risen above the 200-day simple moving average, an indicator watched by institutional investors to determine whether the asset is bullish or bearish.A positive sign about today’s rally has been that Bitcoin was not affected by the…

Some mayors of cities large and small in the U.S. have been pushing for the adoption of cryptocurrencies or otherwise taking a position in favor of digital assets. 867 Total views 11 Total shares Curtis Sliwa, a beret-wearing Republican running to be the mayor of New York City, said one of the goals of his…

Akon takes the stage at the Blockdown Virtual Conference this evening as one of the most influential figures in blockchain’s shift from niche financial tool for techies to the mass adoption of digital currencies. The creator of Akoin discussed the reasons for his transition from music sensation to philanthropist and crypto-entrepreneur with Cointelegraph Magazine.“The Mandelas...…

Innovation comes with high reward and risk said the CEO’s exchange. 979 Total views 15 Total shares Following SushiSwap’s dramatic drop, users blasted crypto exchange Binance for even listing the token in the first place. But Binance stands by its decision to back risky projects.Binance CEO Changpeng Zhao, better known as CZ, defended their decision…

Projects associated with Terra suffer losses of more than 80% as contagion spreads. Meanwhile, Maker (DAI) gets a boost as traders look for other decentralized stablecoin options. 488 Total views 13 Total shares The knock-on effect of the collapse of Terra (LUNA) and its TerraUSD (UST) stablecoin have spread wide across the cryptocurrency market on…

Steemit took to Twitter today to announce to their fellow-Steemians that Steemit is back up and running and fully functional after having suffered from a bug in the curations reward curve.Bug in the curations reward curveAccording to a blog post from Sept. 3, Steemit is now fully operational again, as are all Steem applications leveraging…