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Browsing: Markets
Bitcoin bulls’ desire for a trend reversal could be obliterated by this week’s $565M options expiry
Significant headwinds continue to batter BTC price, and this week’s options expiry is unlikely to provide any relief. Bitcoin’s price (BTC) fell below a four-day narrow trading range near $22,400 on March 7 following comments by U.S. Federal Reserve Chair Jerome Powell as he sat before a Senate banking committee. During the congressional appearance, the
The price of Helium has been rising since February 17 after the company confirmed it was set to migrate to Solana. Helium Network will also deploy oracles after migrating to Solana. At press time, HNT was trading at $2.87, up 1.45%. Helium price has been rising for the past two days straight after Helium Network
Charlie Munger reiterates his view on cryptocurrencies. He lauds China for executing a full ban on cryptocurrencies. Cryptocurrencies are having a fantastic start to the new year. U.S. government should push ahead with an absolute ban on cryptocurrencies, says Charlie Munger – the Vice Chairman of Berkshire Hathaway. Munger says cryptocurrencies have no real value
Bitcoin’s bull market is likely to start earlier than expected due to anticipation of the BTC halving and favorable macroeconomic conditions, according to Mark Yusko, founder and CEO of Morgan Creek Capital Management. The next crypto bull market will start sooner than most people think, according to Mark Yusko, the founder and CEO of Morgan
Bitcoin hit highs of $23,342 on Binance, with a breakout above $22k extending year-to-date gains. BTC price is up 30% in a month and has recovered 47% since the decline to $15,500 lows. Short liquidations were around $376 million in the past 24 hours. Bitcoin price roared to highs above $23,000 on Saturday morning, rising
SBF is finally in the United States after signing an agreement earlier this year. The SEC chair said the agency would continue cracking down on cryptocurrency companies. Paxful removes Ether from their trading platform. SBF is now in the United States Sam Bankman-Fried, the former CEO of FTX, is now back in the US after
Bitcoin is a nascent technology and like the days of flip phones, it has a ways to go until it reaches a similar stage like where we are today with smartphones.Watch This Episode On YouTubeListen To The Episode Here:AppleSpotifyGoogleLibsynIn this episode of “Bitcoin Bottom Line,” hosts C.J. Wilson and Josh Olszewicz discuss how the “sausage
If BTC bounces from its key underlying support, ADA, ATOM, FIL and EOS could break out. The decline in the United States equities markets last week extended the market-wide losing streak to three consecutive weeks. The Nasdaq Composite fell for six days in a row for the first time since 2019. The markets negative reaction
Bitcoin has various use cases and applications that shouldn’t be ignored for narratives that obscure more than educate.This is an opinion editorial by Taimur Ahmad, a graduate student at Stanford University, focusing on energy, environmental policy and international politics.Author’s note: This is the first part of a three-part publication. Part 1 introduces the Bitcoin standard
BNB token holds a $50 billion market cap and has rallied 66% since the crypto market crashed, but what is behind the altcoin’s tremendous recovery? BNB, the native token of Binance’s BNB Chain , has bounced 66% from its $183 low in mid-June. The move consolidates its position as the third-ranked cryptocurrency (when stablecoin market
Bitcoin and altcoins sold-off sharply on Aug. 19, leading technical traders to forecast a possible drop to new yearly lows. Bitcoin (BTC) and most major altcoins witnessed a sharp sell-off on Aug. 19, but there does not seem to be a specific trigger for the sudden drop. The sharp fall resulted in liquidations of more
Bitcoin and altcoins met selling at key overhead resistance levels and investors are unsure whether traders will buy the current dip. Bitcoin (BTC) has been witnessing a tough battle between the bulls and the bears near the $25,000 level. A clear winner may not emerge in the short term due to a lack of a
Bitcoin and most major altcoins are witnessing buying near strong support levels, indicating a bullish sentiment. Bitcoin (BTC) and altcoins are tracking the United States equities markets higher on Aug. 3 as traders buy the dip. Smaller investors seem to be making the most of the bear market in Bitcoin as the number of wholecoiners
Traditionally, hard money has the two main qualities of autonomy and correlated-redeemability, but bitcoin has the former without the latter.This is an opinion editorial by Rowdy Yates, a former Marine and practicing lawyer. What’s It Backed By?One of the most common criticisms from nocoiners remains, “But bitcoin isn’t backed by anything.” This criticism targets bitcoin’s…
A recent financial inclusion conference in El Salvador gave the country an opportunity to share their bitcoin journey with other global financial policymakers.Kudzai Kutukwa is a passionate financial inclusion advocate and was recognized by Fast Company magazine as one of South Africa’s top 20 young entrepreneurs under 30.In July 1944, in Bretton Woods, New Hampshire,…
Any dip buyers left? Bulls are largely absent as the total crypto market cap drops to $1.65T
Weak retail demand and bearish derivatives data reflect a dismal short-term outlook for the crypto market. The total crypto market capitalization has been trading within a descending channel for 24 days and the $1.65 trillion support was retested on May 6. The drop to $1.65 trillion was followed by Bitcoin (BTC) reaching $35,550, its lowest…