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“# Price analysis 12/6: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, LUNA, AVAX ” Bitcoin (BTC) is attempting to extend its recovery by rising above the psychological mark at $50,000, but several popular analysts believe that BTC could remain range-bound for a few weeks or even months. On-chain analytics firm CryptoQuant said that Bitcoin…
“# Here’s why analysts expect ‘choppy’ Bitcoin price action between $42K and $53K ” The wider cryptocurrency ecosystem is in a heightened state of fear on Dec. 6 after the Dec. 3 market sell-off continues to send ripples across the the sector and Bitcoin (BTC) price remains pinned below $50,000. Data from Cointelegraph Markets Pro…
“# Grayscale finds that over 25% of US households surveyed currently own Bitcoin ” According to a report published by Grayscale Investments on Monday, more than one-quarter of US investors surveyed (26%) said they already own Bitcoin (BTC). Out of this group of owners, 46% and 44% also jointly held Ethereum (ETH) and Dogecoin (DOGE)…
“# Bitcoin could ‘drive people nuts’ for months with $53K BTC price ceiling — analyst ” Bitcoin (BTC) may spend “months” ranging between recent $42,000 lows and $53,000 and cause panic in the process, popular analysis warned on Dec. 6. Discussing the BTC price outlook on Twitter, Scott Melker, known as the Wolf of All…
“# Bitcoin whales move fresh coins to exchanges in repeat of behavior before $42K BTC price dip ” Bitcoin (BTC) whales may be planning to sell at short notice as BTC price action struggles around $47,000. In its daily QuickTake market updates on Dec. 5, on-chain analytics firm CryptoQuant warned that large volume movements on…
“# Alameda Research leads $35M fund raise for crypto trading app Stacked ” Alameda Research, a cryptocurrency trading firm founded by crypto billionaire Sam Bankman-Fried, has led a $35 million investment in the automated crypto trading app Stacked. On Dec. 9, the startup officially announced the successful completion of a Series A funding round co-led…
“# BTC sentiment ‘comparable to a funeral’ — 5 things to watch in Bitcoin this week ” Bitcoin (BTC) starts a new week with traders still digesting the impact of the last — a major price drop that at one point saw $41,900. A modest recovery is now competing with some formidable resistance, first of…
“# Top 5 cryptocurrencies to watch this week: BTC, ETH, MATIC, ALGO, EGLD ” Bitcoin (BTC) and most altcoins sold off on Dec. 4 with massive deleveraging seen in the crypto derivatives markets. Data suggests more than $2.5 billion of crypto liquidations over a 24-hour period. During the recent fall, Ether (ETH) has continued to…
“# Inside the blockchain developer’s mind: Blockchain consensus, Part 1 ” Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind. In previous parts, Andrew Levine of Koinos Group discussed some of the challenges the team has faced since identifying the…
“# One more Bitcoin price dip? BTC may fall again before ‘slow grind up,’ warns analyst ” Bitcoin (BTC) rebounded to near $50,000 on Dec. 5 as traders continued to take stock of recent events. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView followed a less volatile BTC/USD as it…