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Bitcoin On Course For Best Quarter Since Early 2021, Here’s What Q2 Could Hold for the BTC Price
29.3.2023
Bitcoin, the world’s first and largest cryptocurrency by market capitalization, is about to close out its best quarter in exactly two years.
Assuming Bitcoin is able to close Friday’s session at or above current levels in the $28,200s, the cryptocurrency would have gained a massive 70% since...
Bitcoin Trading Volumes Have Collapsed – Here’s What That Means for the BTC Price?
28.3.2023
Bitcoin trading volumes have collapsed in the past few days. According to data sourced from CoinGecko, daily Bitcoin trading volumes across major exchanges fell to as low as $14.5 billion on Monday, its lowest level since the 5th of March.
That’s a huge drop after Bitcoin daily trading volumes...
New Report Suggests Billionaire Peter Thiel is Connected to Bitcoin Creator Satoshi Nakamoto – Here's What You Need to Know
28.3.2023
A recent development in the cryptocurrency world has sparked considerable interest: billionaire entrepreneur Peter Thiel has hinted that he may have met the individual or group behind the pseudonym Satoshi Nakamoto, the creator of Bitcoin.
Thiel asserts that this encounter took place at...
Bitcoin’s Non-Zero Balance Addresses Keep Surging, But These Key On-chain BTC Metrics Show Weakness
28.3.2023
The number of Bitcoin wallets holding a non-zero BTC balance continues to rocket higher, hitting a new all-time high of 45.388 million on Sunday, as per data presented by crypto analytics firm Glassnode.
That’s a rise of over 2 million since the start of 2022 and is the fastest rate at which...
Bitcoin is Set to Disrupt Africa's $85 Billion Financial System – Here's What You Need to Know
27.3.2023
Bitcoin (BTC) is on its way to become the currency of choice for moving money between African countries, a new CNBC report has revealed.
The wide-ranging report, authored by CNBC’s crypto reporter MacKenzie Sigalos, came three months after the conclusion of the inaugural Africa Bitcoin Conference...
Bitcoin Bears Eye Possible Pullback to This Key Support Area, But Longer-term BTC Price Outlook Remains Strong
25.3.2023
Risks of a short-term pullback in the Bitcoin (BTC) price appear to be rising, according to chart analysis.
Bitcoin was last changing hands close to $27,500, about 6% below the nine-month highs it hit on Friday in the $29,300s.
The cryptocurrency’s repeated failure to hold above resistance in...
Bitcoin Spot & Derivative Trading Volumes Surge – Bullish for the BTC Price?
24.3.2023
Bitcoin spot and derivative trading volumes have been surging in the past few weeks in tandem with the cryptocurrency’s aggressive rally from early monthly lows under $20,000.
That suggests there is a lot of conviction behind the recent move higher, which saw Bitcoin eclipse $28,000 this week...
Widely Followed Suite of Bitcoin On-chain Metrics Flash Bullish as BTC Price Holds Above $28,000 Post-Fed – Where Next?
24.3.2023
A widely followed suite of on-chain and technical metrics are sending bullish signs for the Bitcoin price, with BTC/USD holding close to nine-month highs just above $28,000 as markets digest Wednesday’s US Federal Reserve policy meeting.
Bitcoin initially sold off on Wednesday in a “sell the fact”...
Top Russian Lawmaker Says Bitcoin ‘Has No Future’ – This Is What He Backs for Success Instead
23.3.2023
A top Russian MP and the chief architect of the nation’s crypto legislation claims that Bitcoin (BTC) has “no future” – and claims that “ruble-backed coins” will prevail instead.
The comments were made by Anatoly Aksakov, the State Duma’s Chairman of the Committee on Financial Markets,...
Bitfinex CTO Says El Salvador’s Bitcoin Bonds Will Launch This Summer – But There’s a Twist
23.3.2023
The Chief Technical Officer of the Bitfinex crypto exchange has claimed that El Salvador’s long-awaited Bitcoin (BTC) bonds will launch this year “around June to September.” But the bonds, he explained, may not be bonds after all. Instead, the issuance could take the form of digital securities....
Long Liquidations Spike Bitcoin Suffers “Sell the Fact” Reaction to Dovish Fed, But BTC Dip-Buyers Will Probably Pounce
22.3.2023
Despite the fact that most market participants interpreted the latest Fed policy announcement as more dovish than expected, hence the drop in the US dollar and US yields, Bitcoin markets saw a “sell the fact” reaction, with the BTC price pulling back sharply and long liquidations spiking.
BTC/USD...
Cathie Wood of Ark Invest Sees More Institutional Investors Entering Bitcoin Market Amid Bank Crisis – Here's What You Need to Know
22.3.2023
Ark Invest CEO Cathie Wood believes Bitcoin's rally amid the recent banking crisis will only “attract more institutions.”
In a March 21 interview with Bloomberg, Wood said Bitcoin's price behavior through the crisis “is going to attract more institutions.” She claimed this could help build a bull...
Bitcoin Trading Volumes Keep Trending in the Right Direction – Can BTC Sustain Its Bull-run?
21.3.2023
Bitcoin’s bull run since the start of 2023 which has seen its price jump by close to 70% has been accompanied by a rise in Bitcoin trading volumes.
Daily trading volumes recently hit their highest level since the aftermath of the FTX collapse at more than $70 billion.
Bitcoin was last changing...
Bitcoin on Verge of Breakout Towards $30K, But These Metrics Suggest Market Might Be Getting Too Hot
21.3.2023
According to technical analysts looking at the Bitcoin market on a short-term time horizon, the world’s largest cryptocurrency by market capitalization looks like it could be on the verge of a breakout towards the psychologically important $30,000 level and perhaps on towards the next major...
Bitcoin Outflows Surge to $95 Million: CoinShares Report Reveals Alarming Trend – Find Out More Here
21.3.2023
Outflows from investment funds backed by bitcoin (BTC) rose sharply last week, despite a massive increase in the spot price of the cryptocurrency.
The outflows from bitcoin funds for the week reached $112.8 million, marking slightly improved investor sentiment compared to the week before when...
Bitcoin’s Correlation to US Stocks Hits 20-month Lows - Here’s Why That’s Bullish for BTC
21.3.2023
Bitcoin’s correlation to US equity markets just fell to its lowest level in more than a year and a half. That’s according to crypto analytics firm CoinMetrics, who present a chart showing that Bitcoin’s 30-day pearson correlation between Bitcoin and the S&P 500 just fell under 0.20, its lowest...
Bitcoin Option Markets Flip Bullish as BTC Rally Heats Up, Price Rises Above $28K
20.3.2023
In a matter of days, investors' view on the outlook for the Bitcoin price has flipped from being bearish to bullish, as represented by a shift in options market pricing. The flip in investor sentiment comes as the Bitcoin price surges above the $28,000 level for the first time since early last...
Bitcoin Adds Nearly 1 Million Non-Zero Addresses in Under 1 Month – What Positive On-chain Trends Mean for the BTC Price
17.3.2023
In less than one month, the Bitcoin network has added nearly one million wallets that hold a non-zero balance. According to data presented by Glassnode, in late February, the number of non-zero wallets on the network dipped from around 44.2 million to around 43.8 million by February the 23rd....
Darknet Crypto Mixer Busted: US DOJ Investigation Leads to Seizure of Almost $50 Million – Here's What You Need to Know
16.3.2023
The US Justice Department (DoJ) and Europol announced the takedown of ChipMixer, described as "one of the darkweb’s largest cryptocurrency laundromats." ...
Read More: Darknet Crypto Mixer Busted: US DOJ Investigation Leads to Seizure of Almost $50 Million – Here's What You Need to Know
El Salvador Launches Bitcoin, Lightning Network Dev Courses for University Students
16.3.2023
The El Salvador government has announced the launch of new university courses in Bitcoin (BTC) and Lightning Network development.
The government’s Bitcoin Office unveiled its plans on Twitter. It explained that its new “CUBO+” courses will comprise an “advanced bitcoin engineering program that...