ETH’s price struggles to break above key resistance as the price continues to trade in a range mimicking the price of Bitcoin. ETH continues to struggle as price trades close to the demand zone. The...
Tag: Bitcoin
Bitcoin, DeFi Space See Positive Momentums, NFT Market Declines in Q3
The latest data shows that although cryptocurrencies witnessed a massive market crash experienced in Q2 2022, the digital assets made some relative recovery in Q3 amid the ongoing bearing market condi...
South African Financial Sector Regulator Declares Crypto Assets a Financial Product – Regulation Bitcoin News
According to a general notice published in a government gazette, crypto assets are now treated as financial products under South Africa’s Financial Advisory and Intermediary Services (FAIS) Act. Decla...
Bitcoin Correlation With Macro Remains Strong, Despite Stability
The Bitcoin correlation with the macro markets reached new highs in 2022. This saw the price of the digital asset, and the entire crypto market by extension, follow the movement of the stock and equit...
Bitcoin Gearing Up for 400% Rally, According to Crypto Analyst Tone Vays – Here’s His Timeline
Experienced crypto trader and analyst Tone Vays is predicting that Bitcoin (BTC) will hit a six-figure price in 2023. In a Kitco News interview, the veteran crypto trader says that Bitcoin’s next halv...
Voyager Customers Could Get 72% if Bankruptcy Sale Succeeds
Bankrupt crypto lender Voyager may repay customers 72% of their accounts’ value if the company can sell itself to digital-asset exchange FTX US. FTX US was able to secure a two-week-long auction...
Bitcoin Whales Accumulating on Binance According to Metrics
Crypto markets may be in the depths of a lengthening bear market, but that provides the perfect environment to accumulate Bitcoin for those with conviction that there will be a recovery. This is exact...
Bitcoin Paints A Red Picture For Major Altcoins
Published 16 hours ago Crypto price today Oct 18th: The negative sentiment continues to rise as the US Fed is likely to hike interest rates by another 75 bps. As a result, the crypto market offsets th...
Bitcoin and Ethereum Market Activity Slows Down Even More
We have seen the bitcoin market move sideways for the last few weeks. The good news is that as Bitcoin and Ethereum prices establish support and continue to trade above it, the bearish momentum is slo...
New Fidelity report flags ‘stark contrast’ between Bitcoin and fiat currencies
Bitcoin’s (BTC) future may “stand in stark contrast to the rest of the world,” asset manager Fidelity Investments predicts. In a recent research piece, “The Rising Dollar and Bitcoin,” released Oct. 1...
Tesla’s $218 million bitcoin holdings remained unchanged in Q3
Elon Musk’s electric automobile manufacturer Tesla has revealed that its Bitcoin holdings were unchanged throughout the third quarter, irrespective of heavy losses in Bitcoin and the entire cryp...
Bitcoin Fail – 80% Of El Salvador’s People Believe The President’s Crypto Program Is A Disaster
Bitcoin took the internet by storm in 2021 when El Salvador – the smallest country in South America – announced it will make the cryptocurrency a legal tender. The plan was first made public during th...
Eastern Asia’s Crypto Market Growth Halts, China’s Crypto Transaction Volume Drops by 31% YoY
Chainalysis, a US blockchain analysis firm, released a new research study Thursday, showing that Eastern Asia is the fourth-largest cryptocurrency market, receiving $777.5 billion worth of crypto betw...
Bitcoin Makes Way Into Guinness World Records (GWR)
10 hours ago | 2 mins read Editors News According to GWR’s report, Bitcoin is the “First decentralized cryptocurrency.” Bitcoin (BTC) is down 1.08% and is now trading at $19,204. Bitcoin, Satoshi Naka...
Brazil’s Nubank Set To Launch Digital Currency On Polygon Blockchain
Nubank, a fintech bank based in Brazil, has announced it’s set to launch its own digital token called Nucoin which will be available by the first half of 2023. According to the announcement, Nucoin wi...
Bitcoin, Ethereum, Stacks, and Decred Daily Price Analyses – 19 October Roundup
The global crypto market has declined in value over the last day. The change in performance has affected Bitcoin, Ethereum, and others. As no positive change has been seen, the market has continued to...
Goldman Sachs CEO Sees Good Chance of Recession — Advises Investors to Be Cautious, Prepare for More Difficult Environment – Economics Bitcoin News
The CEO of global investment bank Goldman Sachs, David Solomon, sees a good chance of a U.S. recession. He stressed that the “environment heading into 2023 is one that you’ve got to be cautious and pr...
Analyst Forecasts Massive Drop in Bitcoin Price
Wahid Pessarlay Altcoin Daily commentator does not rule out a 50% BTC price crash from current levels reminiscent of the 2018/2019 bear market cycle Bitcoin (BTC) could be on course to repeat bearish ...
Bitcoin Is Still Worth More Than America’s Largest Bank
Bitcoin beats America’s largest bank- JP Morgan Chase & Co’s market cap. Can Bitcoin replace gold? As of writing, the market cap of America’s Largest bank- JP Morgan, stands at nearly $345 Billion...
South Africa Classifies Crypto as Financial Assets
The Financial Sector Conduct Authority (FSCA), a financial institutions market conduct regulator in South Africa, announced on Wednesday that the country has declared crypto assets as financial produc...
Bitcoin Price Analysis: BTC Risks Intensify
BTC/USD Risks Intensify: Sally Ho’s Technical Analysis – 20 October 2022 Bitcoin (BTC/USD) awaited fresh technical guidance early in the Asian session as the pair remained fixated on the 19232.88 a...
Bitcoin whales’ number rallies, but their holdings take a tumble- Here’s why
Still trading at the $19,000 price range, new data from Santiment revealed a gripping whale action for the king coin Bitcoin [BTC]. According to the blockchain analytics platform, the count of BTC add...
Leading Indicator Dips, Bitcoin Price To Crash?
The crypto market is struggling due to various macroeconomic factors. The price of Bitcoin continues to remain sluggish. BTC fell by over 2% in the last 24 hours and is trading at $19,177. The correct...
Renowned Investor Jim Rogers Warns of the Worst Recession in His Lifetime – Economics Bitcoin News
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, expects the bear market to get much worse, adding that this recession will be the worst in his life...
Dogecoin, Shiba Inu, Bitcoin Cash: price trend
The price performance of the famous altcoins, namely Dogecoin, Shiba Inu and Bitcoin Cash, has been markedly different In all three cases they rose during the bullrun of 2021 and then fell during the...
Coinbase Files Amicus Brief to Support Grayscale in Spot Bitcoin ETF Lawsuit Against SEC
Grayscale’s lawsuit against the SEC has started gaining traction as prominent names from the crypto industry rallied behind the asset manager. The latest one to chime in is Coinbase. The cryptocurrenc...
By The Numbers: One Year Since Bitcoin ProShares ETF Launched
The ProShares Bitcoin Strategy (BITO) ETF made history when it was approved. Launched exactly one year ago today, it was the first futures-based BTC ETF in the United States and garnered massive atten...
While Everyone Is Trying to Build a Super App Blockbank Has Done It – Press release Bitcoin News
press release PRESS RELEASE. “Creating a neobanking super-app for crypto and digital assets has been blockbank’s ultimate vision since its inception. Throughout this past year, we have listened to our...
Why Governments Cannot Stop Bitcoin
Many governments are concerned about Bitcoin and have continuously made attempts to suppress its growth. Despite these attempts, it has been relatively impossible to suppress Bitcoin and prohibit the ...
Here’s Why This Bitcoin Bear Market Is Different, According to Leading Trading Firm
Alex Dovbnya There’s one thing that makes the ongoing Bitcoin bear market distinctly different from 2018 Trading firm Cumberland has noted that massive trading volumes set this Bitcoin bear mark...
Bitcoin, DeFi space see light, NFT market declines in Q3
Coingecko released a report about the current state of the digital asset industry for the third quarter of 2022, which indicates a quieter environment than what was experienced in Q1 and Q2. The most ...