[Nov 30, 2022 4:00 PM] Equities, precious metals, and cryptocurrencies shined on Wednesday following Federal Reserve chairman Jerome Powell’s speech at the Brookings Institution in Washington. The crypto economy increased 3.11% to $860 billion, while the top four…
[Nov 30, 2022 2:30 PM] During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has put massive pressure on bitcoin miners. On Nov. 30, 2022, statistics show if miners paying for…
[Nov 30, 2022 1:28 PM] BTC and many altcoins are kicking up dust after the Federal Reserve chairman Jerome Powell discussed the possibility of smaller rate hikes in 2023, but is the momentum sustainable?
[Nov 30, 2022 12:30 PM] On Wednesday, Nov. 30, 2022, a blog post published by the European Central Bank (ECB) discusses bitcoin and the authors Ulrich Bindseil and Jürgen Schaaf seem to believe its “bitcoin’s last stand.” The ECB authors further…
[Nov 30, 2022 10:00 AM] On-chain data shows the Bitcoin NVT golden cross has now entered into the “sell” zone, something that could be bearish for the price of the crypto. Bitcoin NVT Golden Cross Surges, Now Has A Value Of 2.44 As pointed out by an analyst in…
[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…
[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…
[Nov 30, 2022 5:58 AM] It is no secret that Binance benefits from FTX’s insolvency. After the second largest exchange in the world went belly up, other exchanges had to divide FTX’s market share among themselves. And that Binance is one of the biggest winners…
[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…
[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…
[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.
[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…
[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…
[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%…
[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…
[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…
[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…
[Nov 28, 2022 4:20 PM] Bankruptcies, shrinking profit margins and traders realizing hefty losses are all signs of capitulation from various market participants.
[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.
[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…
[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…
[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…
[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…
[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…
[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…
[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…
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