3 reasons why Bitcoin is struggling to flip $20K to support
The positive gains recorded in the first ten days of July have all but disappeared on July 13 as Bitcoin (BTC) and the wider market slid back toward new yearly lows.Subdued action in the market can be traced back...
The search term ‘Bitcoin Crash’ is trending — Here’s why
Last year, the word “crypto” was trending all over the internet as the crypto market was generally flourishing. However, now it appears that the good fortunes of digital coins havee waned as cryptos have slipped into a serious bear market....
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Ethereum price risks ‘bear flag’ breakdown, 20% drop against Bitcoin
Ethereum's native token, Ether (ETH), is down nearly 40% against Bitcoin (BTC) since December 2021. But even more pain is possible for the ETH/BTC pair in the coming weeks, based on a classic technical indicator.Ethereum price risks technical...
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Bitcoin to make new all-time-highs within 24 months: Coinshares CSO
Bitcoin (BTC) may have further to fall, but Coinshares chief strategy officer Meltem Demirors believes the top cryptocurrency will reach new all-time highs within the next 24 months.Speaking on CNBC’s Squawk Box on July 11, Demirors noted that...
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SEC extends window to decide on ARK 21Shares spot Bitcoin ETF to August
The United States Securities and Exchange Commission has pushed the deadline to approve or disapprove ARK 21Shares’ Bitcoin exchange-traded fund to August 30.According to a Tuesday filing from the SEC, the regulatory body extended the deadline...
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3 key metrics suggest Bitcoin and the wider crypto market have further to fall
The total crypto market capitalization has fluctuated in a 17% range in the $840 billion to $980 billion zone for the past 28 days. The price movement is relatively tight considering the extreme uncertainties surrounding the recent market...
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Bitcoin miner prices will continue to fall, F2Pool exec predicts
The price of cryptocurrency mining hardware is likely to continue falling in the near future amid the ongoing crypto winter, according to an executive at major Bitcoin (BTC) mining pool F2Pool. Supporting 14.3% of the BTC network, F2Pool is one...
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Bitcoin price indicator that marked 2015 and 2018 bottoms is flashing
Bitcoin (BTC) could undergo a massive price recovery in the coming months, based on an indicator that marked the 2015 and 2018 bear market bottoms.What's the Bitcoin Pi Cycle bottom indicator? Dubbed "Pi Cycle bottom," the indicator comprises a...
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Ethereum co-founder responds to PoS critics amid upcoming Merge
While some believe that Ethereum’s upcoming shift to proof-of-stake (PoS) may push the platform to eventually surpass Bitcoin (BTC), others take this opportunity to make snarky remarks on Twitter, triggering a rebuttal from Vitalik Buterin, a...
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Bitcoin price hits 7-day low as US warns of ‘highly elevated’ CPI data
Bitcoin (BTC) carried through threats of new local lows July 12 as the White House warned of “highly elevated” inflation.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWhite House warns ahead of "decisive day"Data from...
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The UK’s largest Bitcoin conference comes to Scotland
The bear market won’t scuttle Bitcoin’s (BTC) adoption plans in the United Kingdom. From Oct. 21–22 this year, internationally recognized Bitcoin experts, authors and content creators will take part in the United Kingdom’s largest...
Lees het volledige bericht The UK’s largest Bitcoin...
Capitulation ongoing but markets not at the bottom yet: Glassnode
Bitcoin wealth is being distributed from weak hands to strong hands due to ongoing capitulation from retail investors and miners, signaling that the bottom may be close.The latest ‘The Week On-Chain’ report from blockchain analysis firm...
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Analysts say Bitcoin range ‘consolidation’ is most likely until a ‘macro catalyst’ emerges
From a historical perspective, the loss in value realized across the cryptocurrency market over the past several months has been one for the record books and the total cryptocurrency market cap has declined from $3 trillion to $991 million. June...
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Grayscale legal officer says Bitcoin ETF litigation could take two years
Asset management firms continue to fight for a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States as regulators remain skeptical of the idea.Craig Salm, chief legal officer at asset manager Grayscale, discussed the firm's...
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US inflation data will be ‘messy’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts another week in a precarious position near $20,000 ahead of fresh macro upheaval.After admittedly sealing its best week's gains since March, the largest cryptocurrency is struggling to hold onto its recently-reclaimed...
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A brief history of Bitcoin crashes and bear markets: 2009–2022
Bitcoin (BTC) experienced one of its most brutal crashes ever in 2022, with the BTC price plummeting below $20,000 in June after peaking at $68,000 in 2021.June 2022 has become the worst month for Bitcoin since September 2011, as...
Bitcoin eyes best weekly gains in 3 months as BTC price slips below $21K
Bitcoin (BTC) hit three-day lows into the July 10 weekly close as $21,000 gave way as short-term support.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader eyes bullish divergences across marketsData from Cointelegraph Markets Pro...
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Ethereum is ‘obviously’ a security
MicroStrategy CEO and Bitcoin (BTC) bull Michael Saylor said that Ethereum (ETH) is ‘obviously’ a security as he doubled down on labeling BTC as the only commodity in the crypto sector. In an interview with Altcoin Daily, Saylor was...
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US dominates crypto ATMs installations and BTC hash rate worldwide
Despite the myriads of state and federal regulatory hurdles faced by crypto businesses in the region, the United States plays a major role in preserving the Bitcoin (BTC) and crypto ecosystem. With China moving out of the picture following...