Bitcoin price analysis shows Bitcoin has failed to make a decisive break above $17,000 and has since fallen back below $16,800. This could be indicative of a bearish trend developing as investors take...
Tag: Bitcoin
Why This American Billionaire Investor Is Still Bullish On Bitcoin?
Legendary American value investor, Bill Miller, has been left surprised by the performance of Bitcoin despite the crippled cryptocurrency market. In a recent interview with Barron, Miller said that he...
3 FTX Execs Have Snitched on SBF, Now Scrutiny Is Aimed at Nishad Singh and Ramnik Arora – Bitcoin News
On Dec. 21, U.S. law enforcement officials from the Southern District of New York (SDNY), the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC) revealed the...
Bobby Lee says he is not a “know-it-all” expert as Bitcoin prices fall
Bobby Lee, a renowned crypto enthusiast, in a recent CNBC interview, said he is not a “know-it-all” expert, as his earlier prediction of BTC soaring to six digits failed to materialize in the crypto w...
DOGE Rebounds on Thursday, LTC Nears 1-Week High – Market Updates Bitcoin News
Dogecoin rebounded from Wednesday’s decline, as the meme coin moved away from a key support level. Prices have been hovering close to a two-month low in recent days, with today’s surge bringing optimi...
Exchange Inflows, Outflows At A Stalemate As Bitcoin Refuses To Budge
Bitcoin is still struggling below $17,000 and centralized exchange inflows and inflows seem to be mirroring the trend of the digital asset. Over the last 24 hours, the net flows from exchanges have be...
CFTC classifies Ethereum, Bitcoin, and Tether as commodities
Based on recent FTX court filings, reports on Thursday show that the Commodity Futures Trading Commission (CFTC) has designated Ethereum (ETH), Bitcoin (BTC), and US Dollar Tether (USDT) as commoditie...
Bitcoin (BTC) Tends to Trail Significant Stock Market Bottoms
Bitcoin tends to bottom out at least six weeks before the S&P 500 Index. Delphi Digital shows that cryptocurrencies are riskier assets than stocks. Bitcoin (BTC), the dominant cryptocurrency in th...
Bitcoin Price Analysis: 63% Sell-Off in 2022
BTC/USD Off 63% in 2022: Sally Ho’s Technical Analysis – 23 December 2022 Bitcoin (BTC/USD) remained pressured early in the Asian session as the pair continued to trade around the 16880.44 area, a le...
Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says – Finance Bitcoin News
Interest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the European Central Bank (ECB) has indicated. His statements follow the latest rate increase...
Bitcoin unchanged, dogecoin adds gains amid market lull
Crypto prices remain mostly unchanged as Coinbase shares traded lower in pre-market hours. Bitcoin was trading around $16,776 at 9 a.m. EST, down about 0.2% over the past day, according to Trad...
Bitcoin Miner Core Scientific to File for Bankruptcy but to Continue Mining
By the end of trading on Tuesday, the company’s market capitalization had dropped to $78 million from a $4.3 billion valuation in July 2021 when the company went public. Major crypto mining company Co...
How Much Power Does Bitcoin Network Consume? Here’s What Glassnode Estimates
Here’s some data from Glassnode that reveals estimates related to the power consumption of the Bitcoin network, if all miners used the same mining machines. Bitcoin Network Best-Case Scenario Would Be...
Bitcoin Correction Soon? MVRV Triple Ribbon Approaches Bearish Cross
On-chain data shows the Bitcoin MVRV Ratio Triple Ribbon is approaching a bearish cross, a sign that a correction could be coming soon for the crypto’s price. Bitcoin MVRV Ratio Triple Ribbon Is Close...
Bitcoin, Binance Coin, Helium, and Holo Daily Price Analyses – 22 December Morning Prediction
The global crypto market has faced a decline in performance over recent hours. The value of Bitcoin, Binance Coin, etc., has lowered considerably. In contrast, some coins have shown a positive trend w...
8 months after Bitcoin adoption
With only 10% of the Central African Republic having access to the internet, how has Bitcoin fared in the country since its adoption a few months ago? When the Central African Republic (CAR) adopted B...
BTC, ETH Consolidate Ahead of United States GDP Data – Market Updates Bitcoin News
Cryptocurrency prices mostly consolidated on Thursday, ahead of upcoming GDP figures from the United States. Bitcoin remained close to the $17,000 level in today’s session, with the global market cap ...
Crypto Market May See Renewed Volatility as Whales Begin to Accumulate Bitcoin
“The quiet price action of the past month is illustrated by [bitcoin’s] low realized volatility. Not counting the moment leading up to the FTX fallout, which had slightly higher volatility...
Historical data hints next 3 years could spell fortune for Bitcoin
As Bitcoin (BTC) continues to move in a sideways trading pattern with the majority of the cryptocurrency market, traders and investors are analyzing its historical movements to see if there is hope fo...
Traders! Prepare For A Bitcoin Bull Run Soon, Price To Hit $80k In 2024
Bitcoin price has slashed its volatility to a large extent and hence, the price variation remains within a very narrow range. From the past couple of days, the price has been capped below $16,800, dis...
This Metrics Show Interest In Bitcoin Ballooned In 2022 Despite Crypto Winter
The first six months of 2022 have been remarkably awful for the crypto industry as a whole. Bitcoin and ethereum, two of the most valuable cryptocurrencies, have lost more than half of their value fro...
Paxful to Drop Ethereum Trading Due to Increased Centralization and Consensus Mechanism Pivot – Exchanges Bitcoin News
Paxful, a New York-based, peer-to-peer (P2P) cryptocurrency exchange, will drop Ethereum trading from its platform on Dec. 22. Ray Youssef, CEO of the company, cited different reasons for this decisio...
Bitcoin low volume sparks BTC price warning as metric hits ‘value zone’
Bitcoin (BTC) price action may be “unsustainably high,” as one metric hits its highest levels in seven months. Data from on-chain analytics firm Glassnode confirms that on Dec. 21, Bitcoin’s network v...
New Pricing, Tokens, and Merchant Models Along with Redesigned Website – Sponsored Bitcoin News
sponsored B2BinPay is perfect for businesses looking for a reliable, cost-effective cryptocurrency payment processing solution; the top payment solution B2BinPay has recently improved its commissions,...
Legendary investor B. Miller says Bitcoin at $17k after FTX’s collapse is ‘remarkable’
Legendary American value investor Bill Miller has expressed his surprise at the performance of Bitcoin (BTC), considering the recent events in the cryptocurrency market. According to Miller, with mos...
Bitcoin Consolidates Below $17,000 And Prepares For A Possible Breakout
Dec 22, 2022 at 10:49 // Price Bitcoin (BTC) price is fluctuating below the $17,000 level after failing to break the recent high. Bitcoin price long-term forecast: bullish In the last three days...
The New Twitter feature brings the platform closer to Bitcoin & Ethereum communities
Twitter is always on the news circle since the new CEO, Elon Musk, took charge of the popular social media platform. This time, it is on the news for something very different and amazing. Coingraph sh...
SBF, Ellison Thought Bitcoin Would’ve Crashed More As FTX Caved
In the FTX saga’s earliest days, disgraced co-founder Sam Bankman-Fried was actually surprised it hadn’t impacted bitcoin more. A complaint filed by the Commodity Futures Trading Commission (CFT...
Twitter: Elon Musk implements Bitcoin price indices
The social platform, run by Elon Musk has added a new feature: starting today Twitter has a new crypto feature that allows users to search the price of Bitcoin by simply typing its name in the search ...
Bitcoin Adoption Rates Are Growing Rapidly in These 5 Countries
Worldwide adoption of Bitcoin started with countries resisting the control of their centralized fiat currencies. Nigeria, El Salvador, Ghana, and more have witnessed a growing trend for “How to buy Bi...
Bitcoin Stuck Below $17K, Helium Explodes 27% (Market Watch)
Bitcoin continues to display little-to-no movements and has remained stuck under $17,000. Most altcoins are also quite stagnant on a daily scale, especially the larger caps. In contrast, Helium has so...