Crypto Oracle, Author at Cryptotimes Africa

Coinbase’s Much-Hyped New Base Blockchain Draws Modest $10M of Inflows on Launch Day

by Crypto Oracle August 10, 2023

Nearly $166 million had already flowed to the blockchain ahead of the official launch. Inflows to Coinbase’s (COIN) new Base blockchain were muted on the first day after its official launch, failing to meet the expectations of some crypto traders that massive amounts…

uncategorized

Bitcoin Rallies Keep Getting Quickly Sold — What’s Up?

by Crypto Oracle August 10, 2023

The world’s largest cryptocurrency has lacked sustained momentum, as it sells off shortly after each attempted leg higher. After a quick surge to start the year resulted in a near doubling of its price, bitcoin (BTC) has traded mostly in a tight…

uncategorized

Bitcoin’s ‘Taker Buy-Sell Ratio’ Surges, Signals Renewed Bullish Vigor

by Crypto Oracle August 9, 2023

Bitcoin's (BTC) "taker buy-sell ratio" recently surged on several crypto exchanges, signaling a renewed bullish sentiment at around $29,000. The ratio surged to 1.36 on Aug. 1 on Bybit, reaching its highest level in at least a year, according to data tracked…

News

‘The Next Crypto Gem’ TV Show Aims to Be ‘The Apprentice’ for Crypto

by Crypto Oracle August 9, 2023

The new reality show pits contestants against one another for a prize package estimated to be worth over $150,000. A new crypto reality show that's making its debut in September has 16 contestants facing off for a six-figure prize. Judges and guest…

Industry

Coinbase Officially Launches Base Blockchain in Milestone for a Public Company

by Crypto Oracle August 9, 2023

The largest U.S. crypto exchange says its blockchain is the first to be launched by a publicly traded company and gives it a new revenue opportunity. Coinbase (COIN), the large publicly traded U.S. crypto exchange, said its new Base blockchain has gone live, heralding…

Industry

Microsoft, Aptos Labs Team Up on New Blockchain AI Tools

by Crypto Oracle August 9, 2023

Aptos Labs, the developer of a a layer 1 blockchain started by former Facebook employees to bring the company's scrapped Diem project (formerly Libra) to life, is expanding its tools and services using Microsoft's (MSFT) artificial-intelligence technology. The Aptos token (APT) surged about 15%…

Bitcoin Industry

What will Bitcoin do if the Justice Department takes aim at Binance?

by Crypto Oracle August 9, 2023

If the U.S. DOJ indicts Binance executives on charges similar to those already issued by regulators, could it have an unusual effect on the cryptocurrency market in the year ahead? In early August, sources leaked word that officials with the United State…

Coins

Bitstamp’s XRP Announcement Leaves Community Upset, XRP and BTC Print Golden Cross, SHIB to Host Outdoor Cabana Party in Canada: Crypto News Digest by U.Today

by Crypto Oracle August 4, 2023

Bitstamp's epic XRP announcement leaves community upset After teasing a major announcement regarding XRP on Aug. 2, Bitstamp finally shared what was anticipated to become exciting news for the community yesterday. The exchange revealed that XRP holders and those wishing to…

Coins

XRP Price Prediction as $1 Billion Trading Volume Comes In – Will XRP Fall Below $0.60?

by Crypto Oracle August 3, 2023

The XRP price has dropped by 4.5% in the past 24 hours, falling to $0.663825 as the cryptocurrency market overall slides by 1% today. XRP is now down by 7.5% in the last seven days, with today's drop witnessing a spike in trading volume…

Bitcoin

Ripple (XRP) Taps $0.7, Bitcoin (BTC) Rejected at $30K After $1.5K Surge: Market Watch

by Crypto Oracle August 2, 2023

Bitcoin reacted well to yesterday’s drop and 6-week low by surging by $1,500 in a day to touch $30,000, where it got rejected. Most altcoins are also slightly in the red, and the total market cap managed to erase most of yesterday’s…