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Hash Ribbon Reversal Signals Bitcoin Miner Capitulation Phase
[Nov 30, 2022 7:47 AM] Bitcoin and other cryptocurrencies are feeling the effects of the negative trends occurring in the market. The crypto winter predicted to wind up in early November by some experts is still in full swing. Crypto critics like Warren Buffet still…
Bitcoin, Ethereum Technical Analysis: BTC Moves Above $17,000 on Wednesday
[Nov 30, 2022 7:43 AM] Bitcoin moved to $17,000 on Wednesday, as markets continued to digest the U.S. consumer confidence report. Confidence amongst consumers fell to its lowest level since July, despite inflation easing in the world’s largest economy. Ethereum…
Binance Market Share Allegedly Hits 77%; Criticism Grows As Even Jack Dorsey Speaks Out
BTC price taps $17K as analysis warns of inbound Bitcoin ‘risk events’
[Nov 30, 2022 5:49 AM] Bitcoin faces more than just FTX fallout in December, with macro data due and the Mt. Gox payouts getting closer.
Bitcoin Price Regains Traction, BTC Seems Primed for More Upsides
[Nov 29, 2022 9:10 PM] Bitcoin price gained bullish momentum above the $16,500 resistance. BTC could rise further if there is a close above the $17,000 resistance. Bitcoin started a decent increase above the $16,500 and $16,650 resistance levels. The price is trading…
Bitcoin On Exchanges Keeps Sliding, 1 Million BTC Pulled From These Platforms
[Nov 29, 2022 2:16 PM] Bitcoin is trending sideways in its current range, the cryptocurrency managed to prevent a fresh assault from the bears, but uncertainty remains strong in the market. This status quo supports the price action, and it could operate as the dominant…
Bitcoin capitulation 4th-worst ever as BTC hodlers lose $10B in a week
[Nov 29, 2022 9:42 AM] Bitcoin hodlers lost big after FTX, on-chain data confirms, with BTC since becoming a major target for buy-the-dip opportunists.
Not The 2018 Bear Market, Bitcoin Price Could Hit $20,000 In December
[Nov 29, 2022 8:59 AM] The Bitcoin price rebounded off the low of its current range and retraced its weekend losses. The cryptocurrency might climb back to the previously lost territory, but uncertainty is king in the current market conditions. As of this writing…
Bitcoin, Ethereum Technical Analysis: ETH Climbs Above $1,200 Ahead of US Consumer Confidence Report
[Nov 29, 2022 7:30 AM] Ethereum rose back above $1,200 on Tuesday, ahead of the upcoming consumer confidence report from the United States. The price comes following a breakout above a key resistance level of $1,180. Bitcoin also climbed higher in today’s session…
Bitcoin shrugs off BlockFi, China protests as BTC price holds $16K
[Nov 29, 2022 5:13 AM] BTC price action heads higher with Bitcoin joining Asia stocks in a rebound despite FTX pressures continuing.
Bitcoin’s Mining Difficulty Expected to Drop Significantly, Retarget Could Be 2022’s Largest Reduction
[Nov 29, 2022 2:30 AM] Bitcoin miners could catch a break in a week or so, on or around Dec. 5, 2022, as the next difficulty retarget is expected to see a significantly large reduction. Estimates show the next difficulty retarget could drop anywhere between 6.13% and 10%…
Historic Bitcoin Miner Capitulation In Full Effect – How Long Will It Last?
[Nov 29, 2022 1:48 AM] The collapse of the crypto exchange FTX is causing a historic event in the Bitcoin market. Yesterday, on-chain data signaled the second wave of a Bitcoin miner capitulation in one cycle. Historically, miners have had a massive impact on the BTC…
Polkadot (DOT) Clings To $5 Level Despite Unforgiving Bear Market
[Nov 29, 2022 1:43 AM] Polkadot (DOT), the 11th largest cryptocurrency with an overall valuation of nearly $6 billion, continues to keep its losses in this prevailing crypto winter to minimal levels. On November 8, despite the negative effects of the collapse of the FTX…
Bitcoin Price Looks Ready For Another Leg Higher Over $16.5K
[Nov 28, 2022 9:10 PM] Bitcoin price extended its decline and tested the $16,000 support. BTC is forming a base and might soon rise above the $16,500 resistance zone. Bitcoin declined further and tested the $16,000 support zone. The price is trading below $16,500 and the…
Bitcoin capitulations abound — Data shows realized and unrealized losses at record-highs
[Nov 28, 2022 4:20 PM] Bankruptcies, shrinking profit margins and traders realizing hefty losses are all signs of capitulation from various market participants.
Controlling shareholders' stakes in GBTC are 'highly illiquid': Report
[Nov 28, 2022 3:00 PM] "It's net good news for GBTC shareholders and FUD fighting," said Selkis.
Price analysis 11/28: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT
[Nov 28, 2022 1:41 PM] Turmoil in China, concerns over the global economy and BlockFi’s bankruptcy filing are all weighing on crypto markets this week.
Bitcoin At $1,000: Looking Back At Nine Years Of Bull Run
[Nov 28, 2022 11:10 AM] If the first part of the above headline about Bitcoin price had your heart pumping, it might be time to reduce the amount of leverage you are using. No, we aren’t calling for BTC to reach a target of $1,000 – we are instead looking back and…
Why The Bitcoin Miners’ Revenue Hit Lowest Point Since 2020
[Nov 28, 2022 10:30 AM] Many crypto investors are still skeptical about the profitability of Bitcoin mining. This is not surprising considering the growing rate of energy prices in recent times. Moreover, the Bitcoin miners’ revenue has been on a downtrend since…
Genesis Bankruptcy by EOY Now At 59% – Sentiment Of Bitcoin Investors Pivots
[Nov 28, 2022 10:16 AM] A possible Chapter 11 bankruptcy of Genesis Trading and parent company DCG is still depressing the sentiment on the Bitcoin market. Genesis last commented on Twitter on November 16. Parent company DCG last spoke out on November 18 via the social…
Bitcoin will 'teleport' to $14K or worse if BTC breaks $16K — analyst
[Nov 28, 2022 9:34 AM] Bitcoin faces pressure from China, a stock market trend in addition to the FTX fallout.
Bitcoin Seen Dropping To $10,000, This Asset Management Co-Founder Predicts
[Nov 28, 2022 9:13 AM] Bitcoin returned to the bottom of its current range and might see further downside pressure in the coming days. The cryptocurrency is still recovering from the collapse of FTX, the former second major crypto exchange in the world, and the contagion…
Bitcoin Price Needs To Hover Over These 2 Levels To Gain Momentum
[Nov 28, 2022 7:50 AM] Bitcoin continues to face strong resistance at the $17,000 price ceiling. Over the last 24 hours, Bitcoin lost 2% of its market value. In the past week, BTC has hovered around the same price region. The King Coin has not touched the $17,000 price…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Start Week Lower as Bearish Sentiment Returns to Markets
[Nov 28, 2022 7:30 AM] Bitcoin fell to a six-day low to start the week, as the token moved closer to the $16,000 level. The drop sees prices fall for a fifth straight session, with overall sentiment in the cryptocurrency market turning bearish. Ethereum was once again…
Ethereum Tries To Keep Luster As ETH Moves To Narrower Trading Range
[Nov 28, 2022 6:35 AM] Ethereum, the world’s second biggest cryptocurrency, has continued its downward trajectory, passing through the $1,200 level. To date, the exchange rate has reached $1,170.49. Data from CoinGecko shows that the coin has been trading at a loss…
Bitcoin Struggles As Bulls Hold The Line – How Long Before Bears Retest $14,000?
[Nov 28, 2022 5:24 AM] BTC’s price holds above $16,000 price struggles to break above $17,000, creating more worry for many traders Price remains weak as bears battle bulls, as the price fails to break above $17,500 with so much uncertainty in the market …
Bitcoin Bottom Is Near, But A Drop To This Level Is Possible, Renowned Analyst Says
[Nov 28, 2022 4:16 AM] After Bitcoin failed to sustainably overcome the important resistance at $16,600 within the last five days, the price saw a renewed pullback a few hours ago. A week ago, on November 21, the BTC price fell to a new bear market low of $15,480, after…
New BTC miner capitulation? 5 things to know in Bitcoin this week
[Nov 28, 2022 3:05 AM] Bitcoin miners face a shakeout, one metric warns as the November monthly close looms for BTC.
New York Mayor Supportive of Mining Restrictions but Maintains Crypto Hub Objective
[Nov 27, 2022 11:00 PM] Mayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban imposed in the state. A law signed by fellow Democrat and New York Governor Kathy Hochul temporarily limits the minting of digital…