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PortuguêsMiners in Russia have likely been increasingly buying crypto ASICs due to reduced prices of mining devices as well as low-cost energy. Cryptocurrency miners in Russia appear to be unbothered…
Continue ReadingBitcoin price traded above the $17,000 resistance. BTC is correcting gains and might decline towards the $16,650 support zone in the near term. Bitcoin gained pace and cleared the $17,000…
Continue ReadingBitcoin price was able to clear the $17,000 resistance. BTC is consolidating gains and might remain supported above the $16,750 level. Bitcoin gained pace and cleared the $16,800 and $17,000…
Continue ReadingBitcoin 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…
Continue ReadingBitcoin addresses holding up to 10 BTC have been accumulating record amounts of BTC in the aftermath of the FTX collapse. Some non-whale Bitcoin (BTC) investors seem to have had…
Continue ReadingBitcoin 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…
Continue ReadingBankruptcies, shrinking profit margins and traders realizing hefty losses are all signs of capitulation from various market participants. Being three weeks removed from the FTX collapse, Bitcoin (BTC) analysts are…
Continue ReadingA few weeks ago, Binance CEO declared that exchanges moving large amounts of crypto to prove their wallet address is not good news. Cryptocurrency exchange Binance is moving large amounts…
Continue ReadingBitcoin price struggled to clear the $16,800 resistance. BTC is moving lower and there is a risk of more losses below the $16,000 support zone. Bitcoin attempted an upside break…
Continue ReadingThe first and the last major attempt to encourage a comprehensive crypto framework was buried in the House of Commons on Nov. 23. In October, Toronto-based Coinsquare became the first…
Continue ReadingDespite the widespread loss of confidence in crypto following the FTX collapse, Bitcoin‘s on-chain data gives investors hope. Despite the market downturn and the widespread negative sentiment in the industry…
Continue ReadingBitcoin price struggled to clear the $17,000 resistance. BTC seems to be forming a double top pattern and might dive below the $16,000 support. Bitcoin attempted an upside break above…
Continue ReadingBitcoin (BTC) has nosedived following the FTX collapse and the increased crypto volatility. It’s anyone’s guess when the most popular crypto will rebound to its most robust state. In fairness,…
Continue ReadingBitcoin price gained pace and was able to clear $16,500. BTC must settle above $17,000 to start a real recovery in the near term. Bitcoin started an upside correction and…
Continue ReadingBitcoin price started an upside correction from $15,500. BTC is now facing a strong resistance near the $16,300 zone and the 100 hourly SMA. Bitcoin found support near $15,500 and…
Continue ReadingBitcoin cannot be destroyed by the fall of cryptocurrency giants like FTX or, hypothetically, other big exchanges, according to Samson Mow. The collapse of FTX has triggered a notable drop…
Continue ReadingBitcoin price extended losses and retested the $15,800 support. BTC could continue to move down towards the $15,000 and $14,000 levels. Bitcoin started a fresh decline below the $16,000 and…
Continue ReadingThe global cryptocurrency market capitalization has dropped below the $800 billion region for the first time in 691 days or since December 30, 2020. Bitcoin has dipped below the $16K…
Continue ReadingBitcoin recovered above $16,000 in the early hours of Monday after hitting $15,600 on Sunday. With the continued trend above $16,000, it is starting to look like the digital asset…
Continue ReadingJust before the FTX collapse, bitcoin was trading above the $20K zone and after the problems started to show and the company filed for bankruptcy, bitcoin’s price dropped close to…
Continue ReadingBitcoin price is slowly moving lower towards $15,500. BTC remains at a risk of more losses unless it settles above the $17,000 resistance zone. Bitcoin started a fresh decline below…
Continue ReadingThis month, gold has outperformed bitcoin after crypto markets shuddered from the recent FTX collapse, and the precious yellow metal climbed 6.12% since the first of November. The U.S. housing…
Continue ReadingSince bitcoin’s price was first measured in fiat value in 2010, only four out of the 11 Novembers in bitcoin’s history have seen monthly declines. Eight of the Novembers in…
Continue ReadingVenture capitalist Tim Draper continues to show staunch support for bitcoin even during this time. Draper who has been an evangelist for bitcoin has said multiple times that he expects…
Continue ReadingBitcoin price is slowly moving higher above the $16,750 resistance zone. BTC could gain bullish momentum if it settles above the $17,000 resistance zone. Bitcoin is slowly gaining pace from…
Continue ReadingSince the bitcoin price decline began, El Salvador and its president Nayib Bukele have basically been put under a microscope. The country’s bitcoin plan had seen it buy more than…
Continue ReadingThe Sydney-based Arkon Energy secured $28 million in a recent funding round to expand its renewable energy Bitcoin mining operations despite the volatile market. The turbulent climate of the crypto…
Continue ReadingEl Salvador currently holds 2,381 BTC with a total investment of $103 million, the value of its BTC investment has declined to $39.4 million in the current market conditions. As…
Continue ReadingOn-chain data flashed positive for DEXs and an increase in protocol revenue, even as markets corrected due to FTX’s insolvency. A week after the fallout from the FTX and Alameda…
Continue ReadingBitcoin is on another recovery path after suffering one of the worst declines of 2022. The digital asset had hit a low of $15,500 before bouncing back up, all of…
Continue ReadingThe Bank for International Settlements (BIS) studied the main motives behind Bitcoin adoption by retail investors. Bitcoin (BTC) investors are more likely enticed by the cryptocurrency’s rising prices, rather than…
Continue ReadingThe Bitcoin price briefly fell below $16,000 last week as Sam Bankman-Fried’s FTX Group filed for bankruptcy. Inflows into cryptocurrency investment products rose sharply last week as institutional investors bought…
Continue ReadingChinese Bitcoin mining firm Canaan posted a 90% over-the-quarter decrease in net income in Q3 2022, but it’s not the end of its business. Chinese cryptocurrency mining firm Canaan will…
Continue ReadingThe collapse of Sam Bankman-Fried’s crypto empire is likely to have repercussions beyond the crypto markets, according to Mike McGlone, senior commodity strategist at Bloomberg. The repercussions of the cataclysmic…
Continue ReadingGlobal investment bank JPMorgan has warned of the crypto market facing weeks of deleveraging stemming from the crisis at Sam Bankman-Fried’s crypto exchange FTX.com and trading platform Alameda Research. The…
Continue ReadingWallets associated with Sam Bankman-Fried’s Alameda Research could be behind the dollar de-peg, alleges Tron‘s founder. In April 2022, the Tron network launched USDD, a token pegged to the U.S. dollar,…
Continue ReadingBTC and altcoins collapse following news that Binance declined to purchase FTX. Analysts share their perspectives on what’s next for the market. Investor sentiment in the crypto market is floundering…
Continue ReadingBitcoin was able to hold the $20,000 through times with expected volatility, triggering speculations that the digital asset had finally reached its bottom. However, recent developments in the crypto market…
Continue ReadingSam Bankman-Fried has deleted a Twitter thread where he tried to assure customers that FTX and the assets on the platform were “fine.” Sam Bankman-Fried, founder and CEO of the…
Continue ReadingBitcoin was tethering above $20,000 for the last week, and its ability to hold above this level through the FOMC announcement had led to speculations that the digital asset had…
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