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” Disaster looms for Digital Currency Group thanks to regulators and whales “ The cryptocurrency tide is flowing out, and it looks more and more like Digital Currency Group (DCG) has been skinny dipping. But let’s be clear: The current crypto contagion isn’t a failure of crypto as a technology or long-term investment. DCG’s problem…
” Will Bitcoin hit $110K in 2023? 3 reasons to be bullish on BTC now “ Bitcoin (BTC) may follow stocks on a “massive bull run” as the weekly chart delivers a unique sign of strength. The latest analysis from several well-known crypto names suggests it is time to give up the bear market narrative….
” Ether tests $1,200 but bears better positioned for $1.13B options expiry on Nov. 25 “ No matter if one analyzes Ether’s (ETH) longer-term or weekly time frame, there is little hope for bulls. Besides the negative 69% year-to-date performance, a descending channel has been pressuring the ETH price while offering resistance at $1,200. Ether/USD…
” 5 tips for riding out a downbeat market this holiday season “ These forecasts are driven by deteriorating structural fundamentals. For example, credit card debt has surged past even 2020 levels, with interest rates charged by banks that are just slightly higher than those observed leading up to the post-2000 dot-com crash. And yet,…
” Bitcoin price still due $12K dip, says trader as ETF guru backs GBTC “ Bitcoin (BTC) stayed undecided at the Nov. 24 Wall Street open as one trader reinforced a $12,000 BTC price target. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price “main target” for bottom $12,000-$14,000 Data from Cointelegraph Markets Pro and…
” Bitcoin exchanges see 180K BTC supply decrease amid Mt. Gox BTC sales “ Bitcoin (BTC) exchanges may have just seen the largest exodus of user funds ever, data suggests. Data from on-chain analytics firm Glassnode shows that on Nov. 23, major exchanges were down almost 179,000 BTC in monthly withdrawals. Major exchanges see record…
” Here’s why $16.5K is critical for November’s $1.14B Bitcoin options expiry “ Bitcoin (BTC) faced a 7.3% drop between Nov. 20-21 as it tested the $15,500 support. While the correction seems small, the movement has caused $230 million in liquidations in futures contracts. Consequently, bulls using leverage came out ill-prepared for the $1.14 billion…
” Blockchain-based infrastructure forges the future for carbon markets, crypto and commodities “ The environment is now a global priority, evidenced by the threat of increasing carbon dioxide emissions reaching 414.72 parts per million, a new record high in 2021, as reported by the National Oceanic and Atmospheric Administration’s Climate in the United States. With…
” BTC price holds $16K as analyst says Bitcoin fundamentals ‘unchanged’ “ Bitcoin (BTC) lingered near $16,500 at the Nov. 23 Wall Street open as United States markets awaited Thanksgiving cues. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Grayscale, GBTC still dominate crypto mood Data from Cointelegraph Markets Pro and TradingView showed BTC/USD shunning volatility…
” Tether vs. USD Coin on-chain data reveals two very different stablecoins “ USD Coin (USDC), a stablecoin issued by the U.S.-based Circle Financials Ltd, is taking the lead over its top rival, Tether (USDT), when it comes to institutional adoption, according to on-chain data. USDC daily transfer volumes are higher The market capitalization of…