Amundi’s Chief Investment Officer Mortier Vincent and macroeconomist Perrier Tristan published a paper that analyzed the current state and prospects of the crypto market. Amundi executives think bitc...
Tag: BTC
BTC faces rejection at $22,342 as selling pressure intensifies – Cryptopolitan
Bitcoin price analysis indicates a major decline in price today, with the digital asset rejecting to break through the $22,342 level. The bears have been continually winning over the price charts, as ...
Bitcoin [BTC] FUD takes centre stage as Uncle Sam makes a move
U.S. government-seized Bitcoin holdings started to move, causing FUD Short-term holders declined while long-term holders stayed put Over the last few years, the U.S. government has accumulated massiv...
U.S. Government Moves $1B of Seized Silk Road BTC, Prompting Liquidation Fears
Key Takeaways A wallet associated with seized Silk Road funds moved $1.08 billion in BTC. The address moved 39,174 BTC to two new wallets, and 9,825 BTC to a wallet reportedly belonging to Coinbase. T...
Bitcoin Could See More Price Decline As Silk Road BTC Moves To Coinbase
Bitcoin once again slid below the $22,000 price level following a particularly slow start to the week. This falls in line with the previously bearish trend that was triggered after the digital asset w...
Is Bitcoin Headed to $21K or Will the Bulls Bounce Back? (BTC Price Analysis)
After forming a bearish three-drives reversal pattern, the price has recently dropped below the neckline, delivering a significantly bearish signal for the short-term outlook. As of now, BTC faces an ...
Is Biden Using an Obama-Era Program to Ban BTC?
Biden and his nation-hating associates have been accused of secretly trying to ban crypto through an Obama-era initiative known as Operation Choke Point 2.0. The plan was designed to cut off any “unde...
BTC hovers around $22k, US Silk Road BTC address awakens
As of March 8, the price of bitcoin (BTC) is trading around $22,000, with a trading volume of $30.34 billion over the past 24 hours. BTC has experienced a decline of 1.41% in the last 24 hours and 4.5...
Huge Move Incoming For Bitcoin? 10K BTC Seized by the US Govt Sent to Coinbase
Glassnode has detected the movement of approximately 40,000 Bitcoins tied from wallets tied to seizures conducted by US law enforcement. The transfers have sparked concerns about a sell-off primarily ...
BTC Falls Below $22,000, as Powell Warns of Higher Rates – Market Updates Bitcoin News
Bitcoin moved below the $22,000 level on March 8, as markets continued to react to U.S. Fed Chair Jerome Powell’s testimony. Speaking in front of the Senate Banking Committee, Powell said he expected ...
Wallets Associated with US Govt. Transfer 40,000 BTC: Glassnode
The US government moved almost 40,000 Bitcoins to wallets including the Coinbase cluster. A majority of the transfer were internal transfers while some Bitcoins were transferred to Coinbase. The reaso...
Brace for BTC price volatility? Bitcoin ‘coin days destroyed’ metric jumps to 2-month highs
On March 8, the U.S. government moved 49,000 Bitcoin worth $1 billion seized from the Silk Road. The transfer was accompanied by Bitcoin’s (BTC) price slipping below $22,000, as well as a noticeable s...
U.S. agency moves over 9k BTC to Coinbase: Glassnode
Ad According to on-chain data, the US law enforcement agency moved 49,000 Bitcoin (BTC) — over $1 billion — during the early hours of March 8. On-chain data provider Glassnode reported that the US age...
$1 billion worth of Silk Road Bitcoins on the move; BTC dump imminent?
The US government has moved $1 billion worth of Bitcoin (BTC) it seized from the anonymous darknet marketplace Silk Road in 2021 and 2022. A total of 49,000 BTC moved from government wallet addresses,...
Fed Chairman’s Testimony Sparks Crypto Sell-Off, BTC Falls to $22K
Bitcoin fell below $22,000, a three-week low. Fed Chairman’s hawkish remarks sparked the crypto sell-off. Traders fear US interest rate hikes and higher “terminal rate.” The cryptocurrency data tracki...
Bitcoin Live News: A Massive BTC Price Move is Imminent This Quarter – A Bullish Upswing on the Cards?
The bitcoin price, after consolidating within a very narrow range for a few days, plunged below the crucial support level of $22,000. The bearish volume has accumulated heavily, which may keep the ral...
Silk Road Bitcoin for sale? US government-linked addresses transfer $1B in BTC
50,000 Bitcoin (BTC) worth $1 billion United States dollars were moved from multiple wallets related to U.S. Government law enforcement seizures and were transferred to new addresses, and a few were m...
Analyst Benjamin Cowen Updates Bitcoin (BTC) Outlook, Says 2023 Getting Market Participants Wrecked
Widely followed crypto analyst Benjamin Cowen is updating his 2013 outlook for Bitcoin (BTC), warning both bears and bulls are likely to get wrecked. In a new strategy session, Cowen tells his 784,000...
40,000 BTC Moved on Coinbase by US Government, What’s Happening?
Arman Shirinyan Move by US government unexpected, yet should not really affect market performance of Bitcoin The U.S. government recently moved around 40,000 Bitcoins, worth more than $2 billion, to C...
Analyst Issues Bitcoin Alert, Says Traders Should Take Caution As BTC Hovers Below Immensely Significant Level
A closely followed crypto analyst is warning Bitcoin (BTC) traders that bears likely have the upper hand as long as the king crypto trades below a crucial resistance area. In a new blog post, crypto s...
Bitcoin Price Analysis: BTC Could Dive Further
Bitcoin price started a fresh decline from the $24,000 zone against the US Dollar. The price is now trading below $23,000 and the 55 simple moving average (4-hours). There is a major bearish trend lie...
Bitcoin’s Historical Trend: Why This Might be the Perfect Time to Buy BTC
The year 2023 for the cryptocurrency industry started off brightly, as top cryptocurrencies like Bitcoin saw large price increases. The recent bullish trend, though, has not yet fully reflected a rebo...
Bitcoin (BTC) Price To Crash More Ahead of Interest Rate Hikes
The well-known cryptocurrency trader Michael van de Poppe posted his most recent technical analysis for the Bitcoin market today in the wake of remarks made by the U.S. Federal Reserve Chairman Jerome...
Bitcoin [BTC], Gold, S&P 500 and a case of the widening correlation
Gold and S&P 500 showed signs of improvement as BTC’s price continues to struggle Correlation gap at its highest since the FTX crash, with the same contributed to by the Silvergate news Over time,...
How Sustainable Is BTC Today?
The Bitcoin mining network has been gradually transitioning towards green energy. Here’s how much percentage of the network is sustainable today. 52.6% Of The Bitcoin Mining Network Is Now Using Susta...
Judges hear oral arguments in Grayscale suit against SEC over BTC spot ETF rejection
A panel of judges heard oral arguments in the Grayscale Investments suit against the United States Securities and Trade Commission (SEC) on March 7. Grayscale is challenging the SEC order not to appro...
BTC shows a descending pattern after a bearish taker over – Cryptopolitan
Bitcoin price analysis shows a decline in price today. The day started with selling pressure building up in the market, and the price dropped from $22,539 to $22,316. The BTC/USD pair has been under c...
Key Bitcoin price metrics point to BTC downside below $22.5K
Bitcoin (BTC) faced a 1-hour $1,420 pullback on March 3 following Silvergate Bank’s 57.7% stock crash which was due to significant losses and “suboptimal capitalization.” The U.S. fi...
Aggressive FED action could rock BTC market
Fed Chair Jerome Powell has signaled that the U.S. central bank’s hawkish stance on rates will continue unabated. Tight rates may hit crypto prices, including bitcoin. Same policy going forward In his...
Bitcoin [BTC]: As market hits ‘transition phase,’ here are the things to look out for
On-chain data revealed that BTC’s ongoing performance is hinting at an imminent bear market end While many BTC holders remain in profit, the level of profitability has started to decline In its latest...
Bitcoin (BTC) Dips $22,000 as Fed Chair Says Interest Rates Will Likely Be Higher
Alex Dovbnya Investors will be closely watching Powell’s comments on the Fed’s inflation targeting steps This Tuesday, the Committee on Banking, Housing, and Urban Affairs will hold a hear...
Craig Wright Comes Out the Loser in a Recent BTC Copyright Case
Australian computer scientist Craig Wright has found himself on the losing end of a bitcoin-related copyright case. It has been decided by a U.K. judge that the file format of the bitcoin blockchain p...