South Korea’s Dunamu Launches Bitcoin ‘Fear and Greed’ Index to Guide Traders
The tool is aimed at helping traders make better decisions based on market sentiment. South Korean fintech firm Dunamu, operator of cryptocurrency exchange Upbit, has developed a digital assets “fear and greed” index aimed to help investors and traders make better decisions. Dunamu’s new tool…
Opening the Gateway for 101 Million Crypto Users
In 2020, the number of crypto users exceeded 101 million people, according to a study by the University of Cambrige. The growth in two years was 189%. The active increase in users, the interest of institutional investors and the attention of states to cryptocurrency has…
Bitcoin Analyst Warns Price Could Dip Below $20,000; Here’s Why
The cost of one Bitcoin could end up plunging below its 2017’s record high of $20,000. That is, according to a pseudonymous analyst, who determined the cryptocurrency’s bearish outlook based on a classic head and shoulder pattern. As of early Wednesday, BTC/USD had painted four out…
There’s roughly $140 billion of inaccessible bitcoin right now – or 20% of the world’s limited supply. Here’s what could happen to it.
Bitcoin’s decentralized nature has been one of its biggest selling points, but imperfect storage methods have made millions of the tokens inaccessible. About 20% of the 18.5 million bitcoin in existence – worth about $140 billion – is estimated to be lost or stuck in locked-off…
