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European Central Bank Says ‘Bitcoin is Rarely Used for Legal Transactions’, This On-Chain Data Suggests Otherwise
1.12.2022
Bitcoin (BTC) will soon embark on “a journey to irrelevance,” and is mostly used for illegal purposes, the European Central Bank (ECB) has claimed. But according to one on-chain expert, the claim does not hold water.
Writing in a blog post published on Wednesday, the ECB said “bitcoin is rarely...
Bitcoin Price Prediction as $30 Billion Trading Volume Comes In – BTC to $20,000 This Week?
1.12.2022
During the UK session, the Bitcoin price prediction remains bullish; however, BTC has to violate a double top resistance level of $17,250 before showing a further upward trend.
On November 30, Federal Reserve Chairman Jerome Powell spoke at the Hutchins Center on Fiscal and Monetary Policy about...
South Korean Police, Prosecutors Quadruple Spending on Crypto Monitoring Tools
1.12.2022
South Korean police and prosecutors have quadrupled the amount of money they are spending on crypto monitoring tools in the past 12 months.
Per Chosun Ilbo, law enforcers have spent some $2.4 million on crypto monitoring software and crypto-specific training for officers in the past year. Last...
Bitcoin Price and Ethereum Prediction; Huobi Token Pumps Over 25%
1.12.2022
The cryptocurrency market has exhibited a slight recovery, with Bitcoin, the leading cryptocurrency, jumping more than 2.5% to $16,815 after getting rejected at the $17,250 resistance level. Similarly, Ethereum, the second-most valuable cryptocurrency, is rising, reaching $1,286 after violating...
Mobius Capital Fund Manager Reveals His Downside Target for Bitcoin, but Says Digital Assets are Here to Stay
30.11.2022
The veteran investor Mark Mobius has said bitcoin (BTC) could fall to the $10,000 level, but he is still amazed by how well bitcoin prices “have held up” in the currently bearish environment....
Read More: Mobius Capital Fund Manager Reveals His Downside Target for Bitcoin, but Says Digital Assets...
Brazilian Government Wants to Police Crypto and Train Prosecutors to Deal with Scams
30.11.2022
Brazil’s government will look to tighten its policing of the nation’s crypto sector. It has created a “working group” composed of top lawyers and prosecutors who have been tasked with drafting proposals for legal reform.
In an official announcement, the Public Ministry’s policy-making National...
Bitcoin Price Prediction as BTC Spikes Up 4.7% in a Week – Time to Buy?
30.11.2022
On November 30, the Bitcoin price prediction was bullish as BTC crossed the triple-top resistance level of $16,680. Bitcoin (BTC), the world's largest and most popular digital token, has extended its previous winning streak and reached an intra-day high above the $17,000 mark....
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Bitcoin Price and Ethereum Pumps 10%; US Consumer Confidence Shakes Again
30.11.2022
Despite the market's continued FUD, Bitcoin, the leading cryptocurrency, continues to trade bullish above the psychological level of $16,000 and has placed a high of $17,000 on November 30. Similarly, Ethereum, the second-most valuable cryptocurrency, is also on the rise, having reached $1,270...
Crypto Expert Willy Woo Predicts Bitcoin Bottom is Close Using On-Chain Data – Here’s What You Need to Know
29.11.2022
The popular Bitcoin (BTC) and crypto on-chain analyst Willy Woo has predicted that the bottom of the current Bitcoin bear market is close, given the share of the BTC supply that is considered “underwater.”
Using his so-called “Max Pain” model, Woo said on Twitter this weekend that a macro cycle...
Bitcoin Price Prediction as BTC Bounces From $16,000 – Can it Go Lower?
29.11.2022
On November 29, the Bitcoin price prediction remained bearish under the $16,650 resistance level as the "Risk-off" sentiment continued to dominate the global financial markets. BlockFi is the latest victim of the FTX collapse, and it's a lender in the troubled cryptocurrency space that has filed...
Firm with $4.5 Trillion Worth of Assets Under Management Enables Bitcoin Trading
29.11.2022
U.S. asset manager Fidelity Investments has decided to launch Bitcoin (BTC) trading for retail investors, catering to the needs of a growing number of the company’s clients.
"The wait is over," the company said in an email m sent to a group of its users on November 28, declaring that a Fidelity...
Spanish Government to Add Crypto Clauses to Criminal Code
29.11.2022
The Spanish government is set to create crypto-related clauses in the nation’s Criminal Code – in a bid to close loopholes and help police fight Bitcoin (BTC) and altcoin-powered crime.
Cronista reported that the ruling coalition parties – the Spanish Socialist Party (PSOE) and Unidas Podemos...
Bitcoin Price and Ethereum Regain Upward Momentum; BlockFi Files for Bankruptcy
29.11.2022
Despite the market's ongoing fear, the leading cryptocurrency, Bitcoin, is rebounding above the psychological level of $16,000 on November 29. Similarly, Ethereum, the second-most valuable cryptocurrency, is rising after gaining support near the $1,150 level.
Major cryptocurrencies were trading...
Bitcoin Languishes Near $16K as BlockFi Bankruptcy Keeps Crypto Credit Contagion Concerns in Focus
28.11.2022
US-based cryptocurrency lending and borrowing platform BlockFi, formerly one of the biggest in the cryptocurrency space, filed for Chapter 11 bankruptcy protection on Monday. The company indicated that it hopes to restructure and will continue operations for the time being....
Today in Crypto: UK Crypto Fraud Up 32% in Year, Line to Shut Down Bitfront Exchange, Nigeria Won't Include Crypto in Plans to Improve Digital Asset Trading
28.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: UK Crypto Fraud Up 32% in Year, Line to Shut Down Bitfront Exchange, Nigeria Won't Include Crypto in Plans...
Bitcoin Price Prediction as BTC Sees Huge $15 Billion in Volume – Here’s Where BTC is Headed Next
28.11.2022
On November 28, Bitcoin price prediction will likely remain bearish under $16,360 support, which will become resistance. Protests in China, the world's second-largest economy, have caused most of the selling pressure in the overall cryptocurrency market....
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Bitcoin at $16K: Will BTC turn long-term bearish?
28.11.2022
Bitcoin is the most popular cryptocurrency with a wide range of use cases. Many crypto enthusiasts regard it as a market leader because rally shown in 2020-21. Since the beginning of this year, 2022, it has been in a downtrend, and still, it is continuing its negative sentiment even in November....
Billionaire Mike Novogratz Says These Cryptos Are Here to Stay Despite Current Bear Market – Here’s What You Need to Know
28.11.2022
Michael Novogratz, the founder of the US-based crypto financial services firm Galaxy Digital Holdings, named two major cryptocurrencies among those that are here to stay despite the massive turbulence seen in the crypto market this year: bitcoin (BTC) and ethereum (ETH).
The CEO shared...
Bitcoin Price and Ethereum Down 5% amid China Lockdown - Time to Buy?
28.11.2022
The leading cryptocurrency, Bitcoin, failed to break a descending triangle pattern and fell over 3% to $16,160 amid an increased level of FUD in the market.
Likewise, the second-most valuable cryptocurrency, Ethereum, has followed Bitcoin's lead and fallen sharply by nearly 5% to $1,171....
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Bitcoin Price Prediction – Was $15,500 the Bottom?
27.11.2022
Following the rebound above $15,500, Bitcoin price prediction remains neutral during the European session. Since then, BTC has been trading in a narrow range of $16,350 to $16,750. The market's volatility is low this weekend, and thin trading keeps price action limited.
Was $15,500 the bottom?...