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“# Bitcoin reaches for $47K as analysts agree BTC price consolidation cannot last ” Bitcoin (BTC) recovered from new lows of $45,550 on Jan. 5 as analysts waited patiently for a “squeeze” to trigger fresh volatility. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst weighs prospect of “fakedown” towards $40,000 Data from Cointelegraph Markets Pro…
“# Airbnb users want crypto payment options, according to CEO Twitter poll ” Airbnb CEO Brian Chesky tweeted a poll on Monday asking his roughly 400,000 followers what they wanted from the rental platform in 2022. Chesky has today revealed that the majority of respondents want to be able to pay with Bitcoin (BTC) or other…
“# El Salvador prepares 20 bills to provide legal framework for Bitcoin bonds ” El Salvador’s government, led by President Nayib Bukele, has moved ahead with plans to issue Bitcoin bonds by preparing 20 bills designed to provide a legal framework for them. Head of the Treasury Alejandra Zelaya told El Salvadoran media El Mundo…
“# Wait and see approach: 3/4 of Bitcoin supply now illiquid ” Bitcoin markets have been consolidating since the beginning of the year, but on-chain metrics are painting a more positive picture as more of the asset is becoming illiquid. On-chain analytics provider Glassnode has been delving into Bitcoin supply metrics to get a better…
“# Top 5 cryptocurrencies to watch in 2022: BTC, ETH, BNB, AVAX, MATIC ” Bitcoin (BTC) witnessed a roller coaster ride in 2021 and even though BTC has corrected sharply from its all-time high at $69,000, the digital asset is still up by 60% year-to-date. During the same period, gold has dropped more than 5%. …
“# Altcoins turn bullish even as Bitcoin price slips below $46K again ” The mood across the cryptocurrency is one of growing anticipation as the price of Bitcoin (BTC) continues to trade just below $47,000. The sideways price action has analysts warning that an “explosive volatility period” is rapidly approaching but few have been willing…
“# Kosovar government halts crypto mining amid power crisis ” The government of Kosovo has ceased crypto mining in the country owing to power constraints during the winter season. Kosovo’s Minister of Economy, Artane Rizvanolli, has decided to stop crypto mining following a recommendation from the Technical Committee on Emergency Measures for Energy Supply, according to…
“# Bitcoin open interest matches record high amid predictions of BTC price ‘fireworks’ this month ” Bitcoin (BTC) is in line for “explosive” price action as derivatives markets return to form in 2022, a new forecast states. In a tweet on Jan. 4, Vetle Lunde, an analyst at Arcane Research, confirmed that BTC denominated open…
“#Matt Damon ripped over cringe-worthy crypto commercial” He’s in the Dogehouse. Matt Damon has been blasted online after appearing in a “cringeworthy” Crypto.com commercial that analogizes buying cryptocurrency to some of history’s greatest achievements. The advert originally aired in October, but is currently going viral as critics torch its pretentious message. In the divisive one-minute…
“# Coinbase CEO reportedly buys LA mansion for $133M ” Brian Armstrong, CEO of Coinbase — the largest cryptocurrency exchange in the United States — reportedly made a multi-million-dollar real estate purchase at the end of 2021. Armstrong bought a $133-million Los Angeles property from Japanese entrepreneur Hideki Tomita in December, The Wall Street Journal…