Jan 06, 2022 at 11:11 // News The price of Bitcoin (BTC) has taken another tumble after eight days of struggling in a tight range. As of press time, the BTC price has fallen to $42,887. There is...
Tag: Bitcoin
Bitcoin price bounces off $42K as order book imbalance turns ‘crazy’
Bitcoin (BTC) briefly touched $43,000 prior to Wall Street opening on Jan. 6 as new market analysis offered bad news for bears. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Very...
El Salvador Loses Almost 15% as Bitcoin Retraces to $43,000
Arman Shirinyan “Buy the dip” strategy might not be as good as El Salvador’s president thought Contents The average entry price for El Salvador How much does the country make by trad...
Bitcoin, Ethereum, Decentraland Price Analysis
Bitcoin Price Analysis Bitcoin’s price dropped lower on Wednesday and finished its daily session -$2,412. The BTC/USD 1D chart below from crypto Trading Analytics shows BTC’s price bumping up agains...
Waiting for Bitcoin Slump to End? Here’s When Traders Can Expect BTC Price Recovery!
Thursday’s dawn appears to be terrible for the global investors as the wholesome crypto market along with the Stock market and Gold prices have seen a sharp drop. Especially, the crypto crash has been...
Dorsey’s Block Sees Shares Close at More Than 8%, Marking 52-Week Low
Block shares closed down more than 8%, marking a 52-week low on Wednesday. The digital payment firm, formally known as Square, saw a fall in stocks as part of a recent sell-off in growth names and ris...
Bitcoin Fear and Greed Index at Lowest Point Since July 2021
The Bitcoin Fear and Greed Index, which tracks the community’s general sentiment on the leading digital asset, has gone deep into a territory of “Extreme Fear.” The metric currently points at 15, whic...
Bitcoin Crashes To $42k — 2 Factors Driving The Next Brutal Crypto Winter ⋆ ZyCrypto
Advertisement     At the end of the trading day in the US, Bitcoin had shaved off over 6% of its value to reveal a $43,200 closing price. The value decline spurred a s...
UK Police Have Seized $435 Million in Illicit Bitcoin
Police forces in the UK have seized £322 million ($435 million) worth of Bitcoin and other cryptocurrencies as a result of criminal investigations over the past five years. According to Freedom of Inf...
Drone Racing League Partners with Hivemind’s Playground Labs, Launch First P2E Game on Algorand Blockchain
Professional drone racing League (DRL) joins the Metaverse world by launching its first game. A money-making crypto sports game on the Algorand blockchain in partnership with Playground Labs, a Web 3 ...
Europe’s Securities Watchdog Seeks Feedback on Regulations Ahead of DLT Pilot – Regulation Bitcoin News
ESMA, the European Securities and Markets Authority, has set out to establish if EU authorities need to amend existing regulations in order to facilitate the trading and settlement of tokenized securi...
El Salvador Prepares Regulatory Framework To Issue Controversial Bitcoin Bonds
Will the plan work? Soon, the Bitcoin Bonds will get the legal foundation they need. In a recent TV interview Alejandro Zelaya, El Salvador’s Finance Minister, said they will send the necessary bills ...
Bitcoin fills $42K December price wick as analyst says ‘party just getting started’
Bitcoin (BTC) delivered fresh volatility on Jan. 6 as rangebound behavior saw its first shake-up in weeks. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Open interest remains high Data f...
Kazakhstan protests affect the price of Bitcoin
Kazakhstan sends the cryptocurrency market and Bitcoin’s price into a tailspin, with street protests triggered by the energy crisis following market liberalization. Bitcoin in the red At the time of w...
Ex-US CFTC Chair Advocates Building Financial Infrastructure with Blockchain
Former Chairman of the United States Commodity Futures Trading Commission (CFTC) Christopher Giancarlo slammed handlers of the economy for taking a back seat in financial innovation related to blockch...
Major Cryptocurrencies—Including Bitcoin, Ethereum—Plummet After Fed Minutes Signal Looming Interest Rate Hikes
Topline The value of bitcoin, ethereum and other major cryptocurrencies plummeted Thursday after minutes from the Federal Reserve’s latest meeting signaled a possible shift towards more aggressive act...
Bitcoin and Crypto Markets in Turmoil as Fed Plans to Reduce Balance Sheet
The past 24 hours have been particularly tumultuous throughout the entire cryptocurrency market. The selling pressure also spread out through Wall Street as the Fed revealed plans to reduce its balanc...
Bitcoin Plunges below $43,000, Crypto Market Loses $200 Billion
Bitcoin has started 2022 under extreme selling pressure. The crypto asset has plunged by more than 12% in the first 6 days of the year. The recent correction on Wednesday has pushed the price of the d...
Bitcoin sees a 10% drawdown, what’s behind this market sell-off?
The first week of 2022 gets off to an inauspicious start as Bitcoin suffered a 10% swing to the downside on Wednesday. Bears sunk the price as low as $42,500 before closing the daily candle marginally...
NASDAQ-Listed BTCS Firm to Pay Bitcoin Dividends
BTCS is offering shareholders an option to receive dividends in bitcoin following a year of $1.2m in revenue and a healthy share price. The BTCS crypto company has become the first NASDAQ-listed compa...
NFTs will Outrun Bitcoin due to the Proof of Ownership for Real-World Items, Kevin O’Leary says
Shark Tank investor and Chairman of O’Shares Investment Advisers, Kevin O’Leary, believes that non-fungible tokens (NFTs) have a bigger shot of surpassing Bitcoin because they can digitally show owner...
$200 Billion Evaporated From Crypto Markets as Bitcoin Drops to 3-Month Low (Market Watch)
After consolidating around $47,000 for several days in a row, bitcoin dumped by double-digit percentages in the past 24 hours to a three-month low beneath $43,000. The altcoin space is also deep in th...
Bitcoin Falls Below $43K, Leads to $800M in Crypto Liquidations
In the last 24 hours, crypto futures worth over $812 million were liquidated as bitcoin broke its $46,000 support level and fell to $43,000, according to data from analytics tool Coinglass. Bitcoin fe...
Bitcoin (BTC) Falls to $43,000 After Breaking Down From 32-Day Support
Bitcoin (BTC) has broken down from the $46,300 horizontal support area but is still trading near the long-term support of $44,300. In the early hours of Jan 6, BTC decreased considerably, falling all ...
Bitcoin (BTC) dips to $42K as Fed announces plans to raise interest rates
The crypto market suffered a major dip on Thursday. The entire crypto market made an around 8% loss, with the total market capitalization dropping to around $2.1 trillion. Most of the coins are still ...
Bitcoin Crash to be Scarier, Target Levels are Beyond your Imagination
Bitcoin price ever since marked its new ATH close to $70,000 is experiencing quite a tough phase with very little volatility. The profits flow into other altcoins while the volume on Bitcoin is reduce...
Crypto Payments Ranks as Top Suggestion to Airbnb, Customers Request Better Service
Just at the beginning of this new year, Airbnb’s Co-Founder and Chief Executive Officer, Brain Chesky, asked his Twitter followers what they would like the company to improve on, or better put, what t...
Where Will Bitcoin (BTC) Price Bottom? Pro Analyst Predicts how Low Can Bitcoin Price Drop
Bitcoin (BTC) lost nearly 10% of its valuation starting late on January 5 leading to a new month low of $42,761. The top cryptocurrency has been consolidating below $50K for nearly a month now, and cr...
Bitcoin Falls To $43k After Fed FOMC Meeting Report Show Commitment To Decrease Balance Sheet
As the price of Bitcoin hovers just around $43,000, the cryptocurrency community is buzzing with expectation. This is due to the sideways price action following Federal Reserve commitment to decrease...
Bitcoin, Binance Coin, Terra LUNA, and Chainlink Daily Price Analysis – 5 January Roundup
TL;DR Breakdown Market unable to revive after major waves of recession and loses an additional 7.11% in 24 hours. Bitcoin’s sufferings take it further low, losing 6.46% in 24 hours. Binance coin, afte...
Banking Giant Goldman Sachs Says Bitcoin Can Break $100,000 Under This Condition: Report
One of the world’s top financial firms believes that top crypto asset Bitcoin (BTC) can breach a key psychological price benchmark by taking market share from a competing store of value. In a new arti...