Crypto Currency

FaZe Clan Boots Kay And Suspends Three Other Members Following Cryptocurrency Fiasco

Four members of the entertainment and esports organization FaZe Clan have been reprimanded following criticism of their shady cryptocurrency endorsement, with one individual ultimately getting fired from the group.FaZe Jarvis (who was permanently banned from Fortnite in November 2019 for using an aimbot) Nikan, and Teeqo have been suspended indefinitely, while Kay has been removed…

Four members of the entertainment and esports organization FaZe Clan have been reprimanded following criticism of their shady cryptocurrency endorsement, with one individual ultimately getting fired from the group.FaZe Jarvis (who was permanently banned from Fortnite in November 2019 for using an aimbot) Nikan, and Teeqo have been suspended indefinitely, while Kay has been removed from the team. In a Twitter statement, FaZe Clan said it doesn’t condone the actions of those involved with the scheme.A statement from FaZe Clan. pic.twitter.com/HnPXpAoSYX — FaZe Clan (@FaZeClan) July 1, 2021This comes after members of FaZe Clan, including Kay and Nikan, promoted a cryptocurrency token in late June that ended up imploding, causing the group’s millions of fans to reportedly lose thousands of dollars in a matter of minutes.Continue Reading at GameSpot
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Crypto Currency

Bitcoin Whales Defy Volatility, Quietly Accumulate BTC at 17% Discount

The post Bitcoin Whales Defy Volatility, Quietly Accumulate BTC at 17% Discount appeared first on Coinpedia Fintech News Bitcoin (BTC) whales (accounts holding between 1,000 and 10,000 BTC) have been consistently accumulating the cryptocurrency since late May. This period of accumulation began in early May, when prices were around  $80,000…

The post Bitcoin Whales Defy Volatility, Quietly Accumulate BTC at 17% Discount appeared first on Coinpedia Fintech News
Bitcoin (BTC) whales (accounts holding between 1,000 and 10,000 BTC) have been consistently accumulating the cryptocurrency since late May. This period of accumulation began in early May, when prices were around  $80,000…
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Crypto Currency

Bitcoin’s ‘calm top’ challenges most market bottom estimates: Research

New data from Galaxy Research suggests that Bitcoin’s floor price may not drop as low as previous bear markets, but the bottom-finding process is still playing out…

New data from Galaxy Research suggests that Bitcoin’s floor price may not drop as low as previous bear markets, but the bottom-finding process is still playing out…
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Crypto Currency

Bitcoin Eyes New Upside as Gold Rally Cools and Historical Rotation Pattern Returns

TLDR: Gold is stabilizing near record levels, renewing discussion about capital rotation into Bitcoin markets. Historical cycles show Bitcoin rallies often followed periods when gold reached new all-time highs. Bitcoin trades near $63,962 as investors assess whether another rotation phase is developing. Traders remain focused on macro conditions that could support or challenge the gold-to-Bitcoin

TLDR: Gold is stabilizing near record levels, renewing discussion about capital rotation into Bitcoin markets. Historical cycles show Bitcoin rallies often followed periods when gold reached new all-time highs. Bitcoin trades near $63,962 as investors assess whether another rotation phase is developing. Traders remain focused on macro conditions that could support or challenge the gold-to-Bitcoin […]
The post Bitcoin Eyes New Upside as Gold Rally Cools and Historical Rotation Pattern Returns appeared first on Blockonomi…
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Crypto Currency

Bitcoin rally to $70K builds as orderbook structure highlights traders’ confidence

A positive bid-ask readings and a bullish RSI divergence support Bitcoin’s recovery, with $70,000 emerging as a key target…

A positive bid-ask readings and a bullish RSI divergence support Bitcoin’s recovery, with $70,000 emerging as a key target…
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