[Feb 5, 2023 9:32 PM] Bitcoin price is correcting gains below the $23,250 zone. BTC must stay above the $22,500 support to avoid a major drop in the coming sessions. Bitcoin is correcting gains below the $23,250 support zone. The price is trading below $23,250 and the…
[Feb 5, 2023 1:00 PM] Gareth Soloway, president and chief market strategist at inthemoneystocks.com, predicts that gold will outperform cryptocurrencies and equity performances in 2023. In an interview published Thursday, Soloway emphasized his belief that “gold…
[Feb 5, 2023 1:30 AM] Protocol Labs CEO Juan Benet published a blog post on Friday announcing that 21% of the company’s staff will be laid off. Protocol Labs is the creator of the blockchain network Filecoin. Benet emphasized in the blog post that it has been an…
[Feb 4, 2023 3:00 PM] The last two mining difficulty changes on the Bitcoin network have driven difficulty to an all-time high, causing a decrease in hashrate and block interval speed. Before the latest difficulty retarget increase of 4.68%, block intervals were faster…
[Feb 4, 2023 1:22 PM] Judge Colin Birss of the London Court of Appeal on Friday, February 3, ruled that Craig Wright’s lawsuit against 14 Bitcoin developers has what it takes to go to trial. Craig Wright: Free My Bitcoin Craig Wright, through Tulip Trading, claims…
[Feb 4, 2023 1:00 PM] During the past two weeks, members of the cryptocurrency community have discussed the non-fungible token (NFT) concept known as Ordinals. Since the 3.96 MB block (#774,628) was mined, there has been a significant increase in Ordinal inscriptions on…
[Feb 4, 2023 8:25 AM] Bitcoin is far from turning everyone bullish, but several sources point to classic bull market structures now in place on BTC price charts.
[Feb 4, 2023 6:30 AM] Ethereum continued to trade close to a key resistance level of $1,700 on Saturday, following Friday’s U.S. non-farm payrolls (NFP) report. Yesterday’s report showed that 517,000 jobs were added to the U.S. economy in January, better…
[Feb 3, 2023 6:00 PM] Bitcoin has experienced a significant trend change; the market sentiment has also changed in 2023. Since breaking from consolidation, Bitcoin’s momentum has shifted to the upside, transitioning from a bear market to potentially the early…
[Feb 3, 2023 5:00 PM] Bitcoin price is still trending comfortably above the $23,000 level as it maintains its bullish trend. This has continued for a couple of weeks now, propelled forward by the newly adopted dovish stance of the United States Federal Reserve. However…
[Feb 3, 2023 7:34 AM] Bitcoin retreated from a six month high on Feb. 3, as bears reentered the market ahead of today’s U.S. non-farm payrolls (NFP) report. Following a move above the $24,000 level on Thursday, sentiment shifted, as traders prepared for the…
[Feb 2, 2023 8:47 PM] Bitcoin price is correcting gains below the $24,000 zone. BTC is holding the $23,250 support and might attempt another increase in the near term. Bitcoin is correcting gains from the $24,250 resistance zone. The price is trading above $23,250 and…
[Feb 2, 2023 9:30 AM] Amid the controversy surrounding the Ordinals project and the debate over what types of data should be stored on the Bitcoin blockchain, the network mined its largest block, nearly 4 MB in size, containing just 63 transactions. One of the…
[Feb 2, 2023 8:00 AM] Bitcoin surged above $24,000 on Feb. 02, as markets continued to react to the latest U.S. Federal Reserve policy decision. On Wednesday, the central bank moved to increase rates by 25 basis points, while signaling that further hikes could be on the…
[Feb 2, 2023 8:00 AM] On-chain data shows the Bitcoin short-term holder profit-taking has reached high levels not seen since the November of 2021. Bitcoin Short-Term Holder SOPR Has Shot Up Recently As pointed out by an analyst in a CryptoQuant post, a near-term top…
[Feb 2, 2023 7:00 AM] On Wednesday, the crypto market received favorable news in form of the FOMC announcement and the price of Bitcoin eventually broke above $24,000. With the Fed turning dovish after being hawkish all through 2022, it has been a beacon for the crypto…
[Feb 2, 2023 6:30 AM] Russia-linked cryptocurrency exchange Bitzlato, seized by Western law enforcement, plans to relaunch and permit partial withdrawals, a co-founder announced. Members of the trading platform’s team also intend to relocate the business to the…
[Feb 1, 2023 9:24 PM] Bitcoin price is rising and gaining pace above the $23,500 resistance. BTC climbed to a new yearly high after the fed increased rates by 25bps. Bitcoin is up over 3% and there was a clear move above the $23,800 resistance. The price is trading…
[Feb 1, 2023 5:00 PM] Over the last couple of weeks, reports have emerged that crypto users in Nigeria have been buying bitcoin (BTC) for a pretty hefty premium. On the surface, it may seem that these reports are accurate, but they are essentially wrong, and this report…
[Feb 1, 2023 3:26 PM] Bitcoin is shaking off sellers of January 30, price action on late February 1 shows. The FED Raises Interest Rates The spark in BTC demand is because of Federal Reserve (FED) Chair Jerome Powell’s comments on the general economy and the central…
[Feb 1, 2023 2:30 PM] The U.S. Federal Reserve raised its benchmark federal funds rate by 0.25% on Wednesday after markets priced in near 100% certainty the Federal Open Market Committee (FOMC) would codify the quarter-point increase. The FOMC statement further detailed…
[Feb 1, 2023 12:30 PM] Crypto traders are waiting for the result of today's FOMC and it’s possible that the recent downside could reverse course if Powell’s statements hint at an improving U.S economy.
[Feb 1, 2023 12:26 PM] Bitcoin price closed the January monthly candle with the largest climb since the 2021 bull market ended. Considering the macro conditions and risk of recession, the market remains skeptical of further upside. However, the monthly candle structure…
[Feb 1, 2023 12:00 PM] Bitcoin has returned to a consolidation state as the macroeconomic dust settles in the coming days. The number one crypto by market capitalization rallied for most of January and is now entering a new month with market expectations of higher…
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