The start of 2022 has not been so kind to cryptocurrencies and Bitcoin. The flagship crypto’s prices have plunged, and it could be attributed to social fears and a spike in traders’ interest in other ...
Tag: Bitcoin
Bitcoin Discount? Peter Brandt On Why You Shouldn’t Buy The Dip
Bitcoin has been dropping consistently for the past week and the crypto market has lost over $500 billion following this dip. Like with any crash, there have been the expected calls of ‘buy the dip’ f...
Bitcoin price bounces to $41.5K, but derivatives data shows traders lack confidence
Bitcoin (BTC) briefly reached its lowest level in five months this Monday at $39,650, marking a 42.6% drawdown from the all-time high present on Nov 22, 2022. Some argue that a “crypto winter” has alr...
UniCredit against Bitcoin: protest on Twitter
On Friday, Italian bank Unicredit posted a tweet on its official profile in which it says it is prohibiting its account holders from interacting with counterparties that issue virtual currencies or ac...
Bitcoin makes up half of billionaire Bill Miller’s investment portfolio
advertisement In a recently released interview from December with WealthTrack, the billionaire Bill Miller says that over half of his personal wealth is in bitcoin and other cryptocurrency-related inv...
Bitcoin Cash price analysis: Bearish setback pulls BCH price down to a yearly low of $359
TL;DR Breakdown Bitcoin Cash price analysis is bearish today. Support for BCH/USD is present at $354. Resistance is present at $384. The Bitcoin Cash price analysis shows the coin crashed hard as the ...
Here’s How Much El Salvador’s Bitcoin is Currently Worth
The Central American nation of El Salvador entered into the pages of history as the first country to officially adopt bitcoin as a legal tender on June 9, 2021. Subsequently, the country went on a bit...
Trader Who Called Bitcoin Top and Subsequent Crash to $40,000 Details What’s Next for BTC
Late last year, a crypto trader managed to accurately predict Bitcoin topping out above $60,000 for the second time, and then crashing down to the $40,000 level. Now, traders are waiting to see if the...
Bitcoin and Other Assets Expected to Hit New Lows in Coming Weeks
2022 has not started off well for most cryptocurrency traders. At the time of writing, bitcoin – the world’s number one digital currency by market cap – as well as many of its altcoin cousins are expe...
Galaxy Digital CEO Mike Novogratz Says Bitcoin Has Hit The Bottom
Bitcoin has been on a downward streak since the last quarter of 2021, and this has spilled into the new year. As January goes into full bloom, it has come with discouraging movements for investors as ...
As Bitcoin Dips, Seasoned Trader Tone Vays Says BTC Just Flashed Mega Bullish Signal
Veteran trader Tone Vays says one Bitcoin (BTC) indicator that historically leads to crypto rallies just started flashing bullish signals. In a recent YouTube update, Vays tells his 118,000 subscriber...
Five Things To Watch Out In Bitcoin, Ethereum, And Cardano This Week!
The new week has begun on a strange note as the market leaders BTC, ETH, and ADA are trading at the same position that they were this time last year. There are heated predictions running around the ma...
Why Billionaire Investor Bill Miller Is Betting Big on Bitcoin In 2022
Popular value investor Bill Miller has revealed why he is betting big on Bitcoin (BTC) in 2022. The Founder and Chief Investment Officer (CIO) of Miller Value Partners revealed this during a recent in...
Arbitrum Network Stalled Due to Sequencer Downtime – Bitcoin News
The Arbitrum network, an Ethereum L2 (Layer 2) rollup, experienced some difficulties that caused a complete stop in the production of blocks and the confirmation of transactions. According to reports ...
Bitcoin Keeps Bleeding And Nears $40K, 4 Scenarios For Q1 2022
Bitcoin starts yet another 2022 week in the red with a 2% loss in 24 hours and a 13.5% loss in 7 days. The benchmark crypto has been on a downtrend since the end of 2021 and could potentially dip furt...
Single inactive volcano has 90% chance of powering El Salvador’s Bitcoin City, according to president
El Salvador President Nayib Bukele has claimed officials will be able to use geothermal energy from one of the country’s inactive volcanoes to power its Bitcoin City project. In a Sunday notice, Bukel...
Bitcoin, Ethereum Dip Below Key Psychological Footholds
Key Takeaways Bitcoin and Ethereum both tumbled below key technical and psychological levels earlier today. While the two largest digital assets have since recovered some of their losses, most of the ...
Bitcoin Prices Plunge Below $40,000 To Reach Lowest Since September
Analysts shed some light on what pushed bitcoin below $40,000. (Photo by Chesnot/Getty Images) Getty Images Bitcoin prices fell to less than $40,000 today, trading at their lowest in more than three m...
Bitcoin Price Plunges below $40,000, as Global Crypto Market Sell-Off
On Monday January 10, Bitcoin plunged its price below $40,000 for the first time since September 2021. The negative record therefore heightened a bear trend that began six weeks ago. Today, the lowest...
This Billionaire Just Put Half Of His Entire Net Worth In Bitcoin, Justifies Position With Compelling Reasons ⋆ ZyCrypto
Advertisement     Bill Miller says 50% of his net worth is now in Bitcoin while the other half is tied to Amazon stock. The legendary investor thinks that Bitcoin is l...
Bitcoin Open Interest Continues To Rise, Short Squeeze Incoming?
On-chain data shows Bitcoin open interest and estimated leverage ratio metrics have continued to rise recently. This could mean that a short squeeze may be coming soon. Bitcoin Open Interest Rises Des...
Bitfarms purchased more than $43M in Bitcoin to start the new year
Canadian crypto mining firm Bitfarms has already bought 1,000 Bitcoin in 2022, making its total holdings of the crypto asset more than $177 million. In a Monday announcement, Bitfarms said it purchase...
“Yes to my wages in Bitcoin”- The Cryptonomist
New York’s new mayor, Eric Adams, has said he is looking forward to receiving his salary in Bitcoin. NYC Mayor Eric Adams says he hasn’t received his first check yet, but he still plans to take his f...
The Hidden Bitcoin Trend Line That Could Save The Bull Run
Today, Bitcoin price sank below $40,000 for the first time since September – a price more than 50% lower than what the market was anticipating this time of year. While the downside has been impossible...
Bitcoin, Binance Coin, Cardano, and Chainlink Daily Price Analyses – 10 January Roundup
TL;DR Breakdown The global market cap experiences another dip loses 0.36% in 24 hours. Bitcoin continues to lose as the momentum breaks again, losing 0.41%. Binance coin going in the positive directio...
Here Is Why Bitcoin Plummeted And How To Profit In The Red Market
Bitcoin (BTC) begins its first full week of 2022 in familiar territory below $50,000. Since the end of December 2021, bitcoin has experienced several declines of varying degrees. On Jan. 5, it even pl...
Legacy Investor Bill Miller Has Allocated 50% of His Portfolio in Bitcoin
The American investor, fund manager, and philanthropist Bill Miller said he had distributed half of his personal wealth in bitcoin. The former Chairman of Legg Mason Capital Management stated he purch...
Cosmos, SAND, Bitcoin Cash Price Analysis: 10 January
Bitcoin Cash and SAND correlated with the broader market trajectory and declined below their 4-hour 20-50-200 SMA. They poked their multi-week lows on 8 January while the 20 SMA stood as an immediate ...
Billionaire investor Bill Miller puts 50% of net worth in Bitcoin
Investor Bill Miller is bullish on Bitcoin (BTC) despite the cryptocurrency touching multi-month lows below $40,000 in early January 2022. Miller no longer considers himself just a “Bitcoin observer” ...
Canadian bitcoin miner Bitfarms buys 1,000 BTC for $43 million
advertisement Bitfarms has added 1,000 BTC to its bitcoin holdings, with the total outlay costing $43.2 million, the company announced on Monday. The latest BTC acquisition sees the Canadian crypto mi...