The crypto street has been gripping the prevailing bearish market sentiments, which has caused significant harm to the business. The persistent fear is growing fierce each passing day, the fear and gr...
Category: Bitcoin
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Goldman Sachs’ Reveals Huge Bitcoin Price Prediction After Ethereum Bet
Bitcoin and cryptocurrencies have had a dreadful start to 2022, continuing the downward trend from the end of last year as price pressures mount. Subscribe now to Forbes’ CryptoAsset & Block...
Solana Formally Acknowledges Problems With ‘High Compute’ Transactions Clogging the Network – Bitcoin News
Solana, a top ten smart contracts-enabled cryptocurrency by market cap, has acknowledged it is facing a series of problems hindering the performance of its network. The official account of the status ...
BTC, ETH, BNB, ADA, SOL Face Extreme Bearishness: Report
Yuri Molchan Recently published analytics report shows that some of the top ten cryptocurrencies are facing strong bearish sentiment and FUD According to the analytics data provider Santiment, recent ...
Capitulating Weakness in Bitcoin! ETH, SOL, ADA Are Poised To Grab The Momentum! – Coinpedia – Fintech & Cryptocurreny News Media
Despite weakness in the Bitcoin price action, blue-chip altcoins such as Ethereum, Solana, and Cardano seem to be defying gravity to rise and shine. After panic selling over the past couple of days, t...
Bitcoin ETF Goes From Boom to Bust After a Record U.S. Debut
(Bloomberg) — The crypto bloodbath has transformed a famous Bitcoin ETF that launched the most successful debut ever into one of the biggest losers for an issuer in their first two months of tra...
Caution Traders!! Bitcoin Long Positions are Pretty Risky Now, Yet Altcoin May Be A Ray of Hope – Coinpedia – Fintech & Cryptocurreny News Media
Bitcoin price is currently paving way for extreme uncertainty leaving behind the traders in FUD. While some of the buyers tend to normalize the crypto space, bears are always ready to extract the prof...
After Volatile Week BTC at $42K, LINK Explodes 13%
After the enhanced fluctuations in the past several days, bitcoin finally calmed around $42,000. The situation with the altcoin is quite similar, except for Chainlink. LINK surged by 13% and trades ab...
Trader Who Called Bitcoin’s 2018 Collapse Warns BTC Has Once Again Violated Its Parabolic Advance
Longtime analyst and trader Peter Brandt says Bitcoin (BTC) has broken out of its parabolic advance. After taking steep price dives on Wednesday and Thursday, BTC is trading at $41,698.72 at time of w...
JPMorgan Report States Ethereum Might Lose Defi Dominance Due to Scaling Issues – Bitcoin News
A note from JPMorgan states that Ethereum might be at risk of losing defi dominance as a result of its inability to produce effective scaling solutions fast. The note, written by Nikolaos Panigirtzogl...
Kazakhstan Turmoil Shakes the Country’s BTC Mining Industry
Kazakhstan’s vast Bitcoin mining industry has been severely hit by the political chaos currently rocking the Central Asian nation. Rising fuel prices led to a spike in public anger which grew into wid...
$810 Million Worth of Longs Liquidated as Bitcoin Price Plunges to $43,000
Arman Shirinyan Almost $1 billion worth of orders have been liquidated on the cryptocurrency market Contents Bitcoin hashrate drop Price action leave traders unsatisfied Following a major cryptocurren...
Bitcoin Price Prediction: BTC/USD Stumbles Below $42,000
Bitcoin Price Prediction – January 7 The Bitcoin price prediction shows that BTC loses over $1500 as the coin remains below the 9-day and 21-day moving averages. BTC/USD Long-term Trend: Bearish (Dail...
Bitcoin Price Falls To A Three-Month Low As Cryptocurrencies Prolong Losses
Bitcoin price descends below the $41,000-mark last week. The fall is reported to be its lowest level since Sept. 29, 2021, according to the reports by Coin Metrics. Hawkish’s comments from the Federal...
Maker Co-Founder Calls UST and MIM ‘Solid Ponzis’ That Will Go to Zero – Bitcoin News
Rune Christensen, one of the founders of Maker, the decentralized autonomous organization behind the governance of stablecoin DAI, has spoken out against two competitors. He stated that UST, Terra’s d...
Bitcoin clings to $42K as key moving average break from July reappears
Bitcoin (BTC) consolidated above $42,000 prior to Wall Street’s opening bell on Jan. 7 as more similarities to last year’s lows emerged. BTC/USD 1-hour candle chart (Bitstamp). Source: Tra...
$102 Million Liquidations Push Bitcoin Below $42,000 as Ethereum Goes Under $3,250: CoinGlass
Yuri Molchan Massive liquidations of futures trades have occurred in the past hour, pushing Bitcoin and Ethereum even deeper, after recent price drop Chinese crypto journalist Colin Wu has shared data...
Cryptocurrency Worth $435 Million Seized by 12 UK Police Forces in Five Years – Regulation Bitcoin News
U.K. police have revealed how much cryptocurrency they have seized in the past five years in response to Freedom of Information requests. The London Metropolitan Police seized more bitcoins than other...
Crypto Miners Are Better Investments Than Bitcoin Even After Sell-Off: Analysts
Crypto miners are having a tough start to the new year, with their shares extending December’s decline as bitcoin fell below $43,000. However, Wall Street analysts are staying upbeat on the sector’s o...
China’s Xiangtai food Co. buys 686 spot Bitcoin miners despite mining ban
Xiangtai Food Co., Ltd., a Nasdaq-listed Chinese food company has bought 686 spot Bitcoin miners that are worth US$6 million via its United States subsidiary called SonicHash LLC. While the mining ope...
$500 Million in Liquidations as Bitcoin Struggles Around $42K
The enhanced volatility in the digital asset space hit again in the past few days, and the total amount of daily liquidations jumped to half a billion. It’s safe to say that the cryptocurrency market ...
Bitcoin (BTC) price likely to bottom between $42k-$37.5k, here’s why
Is the ongoing Bitcoin (BTC) price dump a buying opportunity or are we actually staring at a winter season in crypto? With Bitcoin price fear index at 18, the market sentiment is no doubt extreme fear...
Institutional Investors Say SEC Having More Power to Regulate Crypto Will Boost Prices – Regulation Bitcoin News
Institutional investors are optimistic about the U.S. Securities and Exchange Commission (SEC) having more power to regulate the crypto market, a recent survey shows. They believe that if the SEC is g...
Over 5,300 BTC Bought by Three of the Largest Bitcoin Whales on January 7
Yuri Molchan Recent data on richest Bitcoin wallets shows that some of the largest BTC whales have bought the dip of more than 5,000 BTC Chinese journalist Colin Wu, who covers everything related to t...
Will Get His First Three Checks in Bitcoin
Eric Adams – the newly-elected mayor of New York City and apparently a bitcoin bull – displayed his support for the primary cryptocurrency once again. He opined that the recent price drop could provid...
Crypto lawyer John Deaton justifies holding BTC, ETH while representing XRP holders
The XRP community has been eagerly – or anxiously – anticipating the day the SEC’s lawsuit against Ripple Labs resumes in 2022. Though scheduled to be around 19 January, XRP-investors are already gear...
Illicit Crypto Addresses Received $14 Billion in 2021, Only 0.15% of Transaction Volume Associated With Crime – Regulation Bitcoin News
According to the latest data from Chainalysis, the total cryptocurrency value received by illicit addresses grew to a new all-time high of $14 billion in 2021. Although the new all-time high is almost...
Crypto Analyst Michaël van de Poppe Updates His Outlook on Bitcoin (BTC) and Three Altcoins As Markets Stumble
Widely-followed crypto trader Michaël van de Poppe sees bullish signs for Bitcoin (BTC) and one other altcoin while naming support zones for two popular smart contract platforms. In a recent series of...
Bitcoin (BTC) Brushes Three-Month Lows to Test Support
After breaking down from a 32-day support area, Bitcoin (BTC) proceeded to reach a low of $41,000 on Jan 7 and is testing a horizontal support. BTC has been moving downwards since Dec 27, 2021. The di...
World’s 2nd biggest mining hub shuts down – Bitcoin doesn’t skip a beat
Chaos erupted in Kazakhstan this week and bitcoin mining was shut down as protests over fuel prices have sparked widespread unrest across the country. Kazakhstan, the Central Asian country of around 2...
Bitcoin Risks Plunging Below $40k Following Fed’s Plan To Raise Interest Rates ⋆ ZyCrypto
Advertisement     Bitcoin trades at $41,884 to the consternation of investors. The Fed’s proposed hike in interest rates plays a key role in the asset’s slump. Altcoin...