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” Crypto winter presents an opportunity amid chaos, says asset group exec “ Bear markets often result in investors showing extreme fear in tools that measure the market’s sentiments. However, despite the uncertainties during a crypto winter, some prefer to focus on the opportunities that it can bring. Alex Tapscott, managing director at Ninepoint Digital…
” SEC extends window to decide on ARK 21Shares spot Bitcoin ETF to August “ The United States Securities and Exchange Commission has pushed the deadline to approve or disapprove ARK 21Shares’ Bitcoin exchange-traded fund to August 30. According to a Tuesday filing from the SEC, the regulatory body extended the deadline for approving or…
” 3 key metrics suggest Bitcoin and the wider crypto market have further to fall “ The total crypto market capitalization has fluctuated in a 17% range in the $840 billion to $980 billion zone for the past 28 days. The price movement is relatively tight considering the extreme uncertainties surrounding the recent market sell-off…
” Bitcoin price indicator that marked 2015 and 2018 bottoms is flashing “ Bitcoin (BTC) could undergo a massive price recovery in the coming months, based on an indicator that marked the 2015 and 2018 bear market bottoms. What’s the Bitcoin Pi Cycle bottom indicator? Dubbed “Pi Cycle bottom,” the indicator comprises a 471-day simple…
” Bitcoin miner prices will continue to fall, F2Pool exec predicts “ The price of cryptocurrency mining hardware is likely to continue falling in the near future amid the ongoing crypto winter, according to an executive at major Bitcoin (BTC) mining pool F2Pool. F2Pool, one of the world’s biggest Bitcoin mining pools that supports 14.3%…
” Ethereum co-founder responds to PoS critics amid upcoming Merge “ While some believe that Ethereum’s upcoming shift to proof-of-stake (PoS) may push the platform to eventually surpass Bitcoin (BTC), others are taking this opportunity to make snarky remarks on Twitter, triggering a rebuttal from Vitalik Buterin, a co-founder of Ethereum. In a tweet, Bitcoiner Nick…
” Capitulation ongoing but markets not at the bottom yet: Glassnode “ Bitcoin wealth is being distributed from weak hands to strong hands due to ongoing capitulation from retail investors and miners, signaling that the bottom may be close. The latest ‘The Week On-Chain’ report from blockchain analysis firm Glassnode on July 11 explains that…
” Analysts say Bitcoin range ‘consolidation’ is most likely until a ‘macro catalyst’ emerges “ From a historical perspective, the loss in value realized across the cryptocurrency market over the past several months has been one for the record books and the total cryptocurrency market cap has declined from $3 trillion to $991 million. June…
” Price analysis 7/11: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX “ The United States dollar index (DXY) resumed its strong uptrend on July 11, indicating that investors are preparing for the July 13 CPI report to be hotter than expected. A survey of economists by Bloomberg estimates that in June consumer prices surged…
” Bitcoin risks new lows as $20K looms amid dollar euro parity “ Bitcoin (BTC) headed for $20,000 after the July 11 Wall Street open amid fresh warnings to “prepare for new lows.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $20,300 eyed as next support zone to hold Data from Cointelegraph Markets Pro and TradingView…