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” Price analysis 2/1: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX “ Bitcoin (BTC) gained about 40% in January, its best finish in the first month of the year since 2013. The sharp rally caused a change in sentiment and the futures markets which saw backwardation in November and December started trading…
” Bitcoin meets FOMC after 39% January gains with Fed path ‘uncertain’ “ Bitcoin (BTC) hovered around $23,000 on Feb. 1 after sealing its best January performance in ten years. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView End of Bitcoin bear market is “default view” Data from Cointelegraph Markets Pro and TradingView confirmed a monthly…
” Bitcoin on-chain data and BTC’s recent price rally point to a healthier ecosystem “ Bitcoin (BTC) had a rough year all throughout 2022. But fresh on-chain and futures market data show positive signs that the leading cryptocurrency by market capitalization has started to recover. After a bevy of short liquidations, the futures market is…
” Rumor has it that Dogecoin could shift to proof-of-stake — What does that mean for miners? “ There are rumors that Dogecoin could switch from proof-of-work to proof-of-stake (PoS). Do I know if Dogecoin is switching to PoS? No. Do I think it’s going to PoS? Probably not. But I love the “what if”…
” 5 altcoins that produced double-digit gains as Bitcoin price rallied in January “ The rally in cryptocurrency markets started in early January with a spike in heavily-shorted altcoins and Ethereum (ETH) liquid staking derivative (LSD) tokens due to the upcoming network upgrade in March. Soon gains started to show across the board as buyers…
” Bitcoin poised for another attack on $24K as trader predicts ‘bearish February’ “ Bitcoin (BTC) rose above $23,000 into the Jan. 31 Wall Street open as markets braced for a fresh macroeconomic reckoning. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: $25,000 “best case” for BTC/USD Data from Cointelegraph Markets Pro and TradingView showed…
” Top 5 Bitcoin documentaries to add to your watchlist “ Bitcoin documentaries play an important role in educating and informing the public about the cryptocurrency space. They can help to demystify complex concepts and technology, making them more accessible to a wider audience. Additionally, documentaries can provide a historical perspective on the development of…
” Bitcoin sees most long liquidations of 2023 as BTC price tags $22.5K “ Bitcoin (BTC) swapped bullish gains for chop into Jan. 31 as the end of the month saw nervous price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $46 million of longs liquidated Data from Cointelegraph Markets Pro and TradingView tracked a…
” Crypto firms cut nearly 3,000 jobs in January despite Bitcoin’s rise “ Crypto companies tightened their purse strings in the first month of 2023, with at least 2,900 crypto staff cut loose across 14 crypto firms in January. The latest firm to reportedly initiate a layoff is the crypto infrastructure provider Prime Trust which…
” Price analysis 1/30: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT “ Traders tend to lighten up positions before important events because they hate uncertainty. The United States Federal Reserve’s policy decision is on Feb. 1, where the central bank is expected to hike rates by 25 basis points. Market observers will…