Price prediction for Bitcoin: Technical Analysis by Julius de Kempenaer, Senior Technical Analyst at StockCharts.com , signals downside risk for Bitcoin (BTC). Here’s how it works. Free Market Bitcoin...
Tag: Bitcoin
Digital Assets Should be Regulated as Part of Banking Industry: Ex-Regulator
Experts in the financial industry are advocating for digital currency innovation and activities to be subsumed into the banking industry, a move that will let regulators permit their overall growth. A...
Bitcoin drops from key levels with whales on the move; Ethereum continues to gain ground with Bellatrix fork
The biggest news in the cryptoverse for Sept. 6 includes liquidations crossing $100 million as Bitcoin falls below the $19k support, CryptoVinco accusing Saylor of sending 200K BTC to Coinbase, and Et...
Bitcoin Price Analysis: Bears Still Prevailing
BTC/USD Downside Risks Prevailing: Sally Ho’s Technical Analysis – 7 September 2022 Bitcoin (BTC/USD) extended its recent depreciation early in the Asian session as the pair continued to orbit th...
Bitcoin, Ethereum, Dash, and Helium Daily Price Analyses – 6 September Roundup
The global crypto market couldn’t retain its gains and has seen another bearish wave. The changes in the market have brought a difficult situation. The performance of Bitcoin, Ethereum, and others saw...
Bitcoin loses $19k as $100M is liquidated in less than 4 hours
Following a bullish start to Tuesday trading, where Ethereum gained 6% on Bitcoin as it marched back towards $2,000, the market turned to see Bitcoin lose $19k and Ethereum drop below $1,500. BTCUSD T...
HIVE Blockchain Exploring GPU Mineable Coins Ahead of Ethereum Merge
Crypto mining firm HIVE Blockchain acknowledged the potential Ethereum “Merge” to the Proof of Stake mechanism on Tuesday in an update on its mining production for the month of August. Acc...
Russia Can’t Do Without Cross-Border Crypto Payments, Consensus Reached – Finance Bitcoin News
Key government institutions have agreed that Russia needs to legalize crypto payments for international settlements. The proposal has been gaining support in the past few months since Moscow’s decisio...
Australian Treasury consults public on Bitcoin foreign currency tax exclusion
Australia’s ministerial department of Treasury reached out to the public to seek consultation regarding draft legislation that would exclude cryptocurrencies from being taxed as a foreign currency if ...
Crypto Investment Platform Bitpanda Launches Commodities Trading
Bitpanda announced Monday that it has added commodities trading to its investment platform to enable its users to trade oil, natural gas, aluminium, and wheat. The new asset class is set to allow inve...
Trezor and Wasabi to Implement a Coinjoin Mixing Scheme Into Hardware Wallets – Privacy Bitcoin News
This week, the hardware wallet manufacturer Trezor, and the non-custodial bitcoin wallet with a built-in Coinjoin mixer, Wasabi, revealed the two teams are working together to introduce Coinjoin mixin...
3AC Withdraws $45m from Curve and Convex amid Bankruptcy
Three Arrows Capital (3AC) might have declared bankruptcy, but the firm is still conducting a number of robust transactions, according to insights derived from on-chain data. The company, which was a...
Publicly-Listed Miner Hive Plans to Transfer ETH Hashrate to Other GPU Mineable Coins Ahead of Merge – Mining Bitcoin News
While the cryptocurrency community prepares for The Merge, the Nasdaq-listed, Hive Blockchain Technologies, revealed in the company’s August 2022 production update that it plans to re-distribute its h...
Why Things Are Looking Up for Bitcoin Despite 17% Drop in August
Contributed by Adaptive Analysis. A wave of uncertainty swept over the crypto market last month. Rising interest rates appeared to be one of the key factors causing a Bitcoin price drop of 17% in Augu...
Ethereum Implements Bellatrix — Network’s Upcoming Paris Upgrade to Trigger The Merge, Validator Block Production – Technology Bitcoin News
The blockchain network Ethereum has officially activated the Bellatrix upgrade, the final change before The Merge, the highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoS). B...
Glassnode Discusses 4 Phases Of Bitcoin Accumulation & Distribution During Past Year
Glassnode has talked about the four phases of Bitcoin accumulation and distribution during the past year in their latest report. Bitcoin Accumulation Trend Score Shows Market Has Been Selling Recently...
Euro Ice Hockey Champions Rögle Partners With Locker Token – Press release Bitcoin News
press release PRESS RELEASE. The connected future of sports and blockchain is on the horizon as Rögle announced an NFT-driven partnership with Locker Token earlier today. The partnership, as entailed ...
ETC up Nearly 30% on Tuesday, as Merge Timeline Is Set – Market Updates Bitcoin News
Ethereum classic was a notable mover in today’s session, as the token rose by nearly 30% on Tuesday. The surge comes as it was confirmed that the Ethereum merge event will take place next week, betwee...
Bitcoin Struggles To Claim $20,000 Mark Amid Bear Market
Bitcoin shows no reversal, and many altcoins are still in the red zone. The market condition can be traced to several factors, such as the Federal Reserve’s hike in interest rates. A few weeks back, t...
Investment Products Shorting Bitcoin See Record Inflows
Ethereum products see slight outflows ahead of the Merge Assets under management in crypto products declined to roughly $28 billion, its lowest level since early July Despite continued low trading vol...
Bitcoin exchange inflows sink to multi-year lows
Exchange flow metrics are used to assess investor sentiment and behavior. Inflows into exchanges usually denote token holders cashing out profits. Whereas outflows typically relate to holders moving t...
Bitcoin (BTC) Price May Remain Below $20,000 This Year, Here’s Why
Bitcoin (BTC) price struggles to surpass $20,000 as the bear hug tightens further. The rise in selling pressure, the Fed’s hawkish rate hikes, and whales selling their BTC holdings degrade the chances...
Stablecoin USDN Trades Below $1 Parity for 14 Days in a Row, Token Taps $0.91 Low This Week – Altcoins Bitcoin News
Approximately 14 days ago, the stablecoin neutrino usd (USDN) tapped a high of $0.994 per unit, and ever since then, USDN has not been able to rise above the $0.97 per unit range. The dollar-pegged as...
Ethereum prints year-to-date high vs Bitcoin after Bellatrix hard fork ahead of The Merge
Ethereum has gained 15.6% against Bitcoin since the start of September and is up 6% on the day. The ETH-BTC chart has hit 0.84 BTC for the first time since December 2021 after falling to 0.49 BTC in J...
Ethereum Preparing to Flip Bitcoin Ahead of Merger! Will Bitcoiners Still Remain Passive? – Coinpedia – Fintech & Cryptocurreny News Media
The Ethereum price is coiling up ahead of the much-awaited Merger which is scheduled for Mid-September. This event has led to massive surges in the ETH, ETC, and other altcoin prices. However, the cr...
Short Bitcoin Investment Products Saw Record Inflow of $18m Last Week: CoinShares
Data from digital asset management firm Coinshares showed that outflows from cryptocurrency investment products reached $9.2 million last week, with the majority of inflows coming from short investmen...
ETH Above $1,600 as ‘Bellatrix’ Hard Fork Commences – Bitcoin News
Ethereum rallied on Tuesday, as founder Vitalik Buterin confirmed a part of the “Merge” event was commencing today. In a tweet he stated: “What’s happening today is the Bellatrix hard fork, which prep...
I Want Bitcoin to Go Lower, David Gokhshtein Says, Here’s Why
Yuri Molchan This influencer wants Bitcoin to head below current $19,700 level, but he also wants SHIB to hit $0.01 Contents Possible explanation of Gokhshtein’s wish Gokhshtein wants SHIB to re...