Bitcoin price continues to struggle below $17,000, despite a slight increase in buying pressure in the past couple of days. The continued trend between the interim resistance & support levels is t...
Tag: BTC
BTC Price Risks Further Decline as It Faces Rejection at $17K
Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin Trades Marginally as It Faces Rejection at $17K – November 17, 2022 Bitcoin’s (BTC) price has been moving sideways since ...
Bitcoin flashes strongest sell signal since 2021; Will BTC price drop to $10k?
While the cryptocurrency sector is yet to recover from the FTX-induced crisis that has sunk its market capitalisation to the lowest levels since 2020, along with the price of Bitcoin (BTC), the flagsh...
Bitcoin Bull Tim Draper Sticks To $250,000 Price Prediction For BTC In 2023 ⋆ ZyCrypto
Advertisement     Billionaire venture capitalist Tim Draper is convinced that Bitcoin will tap $250,000 in the first half of 2023, despite the ongoing crypto winter. E...
Grayscale Investors Selling BTC and ETH Over 40% Lower Than Market Price
– Advertisement – Grayscale trust selling at huge discounts indicates investor bearishness as fears of a possible DCG insolvency grow. At press time, Grayscale’s Bitcoin Trust (GBTC) is tr...
How are Bitcoin Long-Term Holders Responding to the BTC Price Crash?
The Bitcoin price has continued to shrink in 2022 since Terra Luna initiated a significant crypto crash in Q1. The FTX and Alameda meltdown has stirred fresh selling pressure, which analysts expect to...
Bitcoin: Assessing what’s in store for BTC short-term holders
Bitcoin’s social activity continues to climb. However, this should not be taken as a bullish sign as the outlook remains predominantly bearish Data from the cryptocurrency social analytics platform Lu...
Over $1.5B in BTC withdrawn in one week
Bitcoin (BTC) has flooded out of exchanges in the past week as users become wary of security and regulatory scrutiny. Data from on-chain monitoring resource Coinglass shows United States exchanges in ...
BTC enters another phase of low volatility; here’s what investors should expect
Bitcoin’s price action may be headed for another period of inactivity. Why Bitcoin demand has failed to manifest strongly despite the discounted price. Not so long ago (September), Bitcoin went throug...
Bitfarms Noted Selling More BTC Than Production
Prominent bitcoin miner Bitfarms has witnessed disparity in its overall produced bitcoin (BTC) and sold crypto assets. Third quarter report of Bitfarms noted that it mined overall 1,515 BTC while sold...
Nayib Bukele announces Bitcoin prescription for El Salvador: 1 BTC a day
As the world’s first nation to adopt Bitcoin (BTC) as a legal tender in September 2021, El Salvador is going back to its BTC buying days after a pause for months amid bearish market conditions. El Sal...
BTC Price Prediction – Are We Going Back to $16k Today?
Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin has had a relatively challenging week. The crypto asset dropped below $16K amid the fallout from the FTX debacle. In the ...
The Block: Bitcoin mining stock report: Thursday, November 17
Bitcoin mining stocks tracked by The Block were mostly down after the close of trading Thursday. The price of bitcoin was about $16,695 at the time of market close, according to TradingView. &#...
$15,000 Bitcoin (BTC), $1,200 Ethereum (ETH), Orbeon Protocol (ORBN) Presale Selling Out
Bitcoin (BTC) and Ethereum (ETH) are still suffering from the fallout of FTX. Both major cryptocurrencies came crashing down over the past week, investors are anxious, and trading volumes have dropped...
Crypto Analyst Says FOMO and Doubt Will Be the Building Blocks for the Next Big Bitcoin (BTC) Bull Run
A widely followed crypto trader claims the uncertainty shrouding Bitcoin’s (BTC) next bull market will be the fuel that ends the bear market. The pseudonymous crypto analyst Rekt Capital warns their 3...
Top Crypto Analyst Says Historical Bottoming Signal for Bitcoin (BTC) Just Started Flashing
Popular crypto strategist Kevin Svenson says one closely followed index that can indicate Bitcoin’s (BTC) market dominance is starting to flash a bottom signal. In his crypto newsletter, Svenson says ...
BTC Miner Arkon Energy Secures a $28 Million Fundraiser to Boost Mining Capacity
Arkon Energy – an Australian-based bitcoin mining firm – raised $28 million and acquired Hydrokraft AS (a Norwegian energy-based data center). These will double down on the companyr’s green strategy a...
Institutional Investors Selling Bitcoin (BTC) Holdings After FTX Crisis
The FTX crisis caused the crypto market to come under intense pressure, triggering selloffs in the broader market. Crypto influencers warned that FTX collapse may cause institutional investors to lose...
Binance CEO says “Was Never in Battle With SBF,” And BTC, ETH Not Only Coins To Profit From In Long Run
– Advertisement – CZ Says Binance Never Saw FTX as Competition. Binance Chief CZ has dispelled claims that Binance sought to dump its FTT holdings as a strategy against FTX, noting that th...
Bitcoin Price Prediction: BTC Price Below $17K, is it an Immediate Resistance?
Bitcoin price has been suffering from a prolonged bearish trend since hitting its all-time high. Many analysts are hailing this recent decline in BTC prices as an investment opportunity and some are e...
BTC, ETH Decline as USD Strengthens Following Retail Sales Data – Market Updates Bitcoin News
Bitcoin was in the red for a second consecutive session, as markets continued to digest the latest U.S. retail sales figures. Sales rose by more than expected in October, coming in at 1.3%, versus exp...
Bitcoin price rally in store? BTC creates largest-ever descending broadening wedge
After a difficult couple of weeks for the cryptocurrency market, which witnessed a dramatic price collapse of most of its assets, the sell-off seems to be slowing down, and investors and crypto tradin...
Who sold the most BTC in the aftermath of the FTX collapse? 10yr holders sell at highest ever rate
Aside from wiping out billions from the global market cap, the collapse of FTX also wiped out the confidence of even the most convinced Bitcoin holders. The market saw aggressive selling pressure last...
El Salvador’s Nayib Bukele buy 1 BTC daily
Both the President of El Salvador, Nayib Bukele, and Justin Sun, the creator of Tron and the Ambassador of Grenada, are amassing one Bitcoin (BTC) daily. According to a tweet posted by Bukele, “...
El Salvador to Purchase One BTC Everyday – Entire Crypto Space Is Shocked!
54 mins ago | 2 mins read Bitcoin News Despite the crypto crash, El Salvador plans to buy one Bitcoin a day. Bukele is eager to purchase BTC, although the FTX empire is crunched. Thus, through this, ...
Bitcoin [BTC] short-traders ravage the market as whales intensify accumulation
In spite of persistent price decline, Bitcoin whales continue to accumulate. However, on-chain data suggested that most might be accumulating to short the king coin Currently trading at a two-year low...
FTX Bitcoin stash worth same as Mt. Gox 840K BTC before hack
If FTX is sparking new Bitcoin (BTC) bear market lows, BTC price action has further to fall to match Mt. Gox. Data from on-chain analytics firm Glassnode confirms that the “Mt. Gox bear market” almost...
FTX’s Demise Has Pushed Bitcoin Miners To Worst Situations! This Is How BTC Price Will React Next
The crash of the popular crypto exchange FTX has become an embarrassment for the entire crypto space as it failed to build trust among users and provide properly secured infrastructure. FTX’s demise h...
Bitcoin Miners Dump 7,700 BTC In One Week
Bitcoin miners are usually some of the longest holders of BTC but that is usually when the bull market is in full swing and they do not have to worry about cash flow. Currently, the cash flow on bitco...