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US Government Owns More Than 1% of Total Bitcoin Supply – Will They Dump It?
9.11.2022
The US government now holds more than 214,000 bitcoin (BTC), making up over 1% of the total capped bitcoin supply. The new milestone was reached after a government announcement on Monday said it had seized more than 50,000 BTC associated with the illegal online marketplace Silk Road....
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Bitcoin Price Prediction – BTC Falls Through $18,000, Here’s Where It’s Headed Next
9.11.2022
During the European session, the cryptocurrency market continued to underperform, with the global crypto market cap down 10% from yesterday and DeFi coins down more than 11%.
Similarly, Bitcoin has dropped more than 10% and is now trading at $16,300. At $18,170, it broke a triple bottom...
South Korean Academic: We Must Block North from Hacking Crypto
9.11.2022
A South Korean academic has claimed that Seoul must take steps to stop Pyongyang from hacking crypto targets south of the demilitarized zone – as tensions escalate between North Korea and its southern neighbor.
Reports from both South Korea and Japan have repeatedly stated that Pyongyang-based...
Bitcoin Price and Ethereum Hold Crucial Support, FTX Token Sheds 84%
9.11.2022
The cryptocurrency market continues to shed blood, with the majority of cryptocurrencies trading in the red on November 9 due to panic selling yesterday, fueled by rumors of FTX's insolvency. While Bitcoin fell to nearly $18,000, Ethereum was on the verge of a significant loss below $1,300....
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Bitcoin Price Prediction as BTC Rebounds Above $20,000, Binance Buying FTX
8.11.2022
Bitcoin price prediction was bearish; however, it has shifted to bullish above the double bottom level of $19,230. Binance, a cryptocurrency exchange, has signed a non-binding letter of intent (LOI) to buy the FTX exchange. Binance CEO Changpeng Zhao said this would assist in relieving pressure...
New Report: Russian Central Bank Looks to Integrate ‘Digital Assets’ Into its Financial System
8.11.2022
The Central Bank of Russia (CBR) has released a report that focuses on digital assets and how the new technology could be integrated into its traditional financial system.
On Monday, Russia’s central bank shared a 32-pages-long public consultation report titled 'Digital Assets in Russian...
Hong Kong Regulator Set to Allow Retail Investors Access to BTC, Ether ETFs
8.11.2022
Hong Kong’s top securities regulator has suggested it will go ahead with plans to allow retail investors to access exchange-traded funds (ETFs) that track cryptoasset futures....
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Mastercard CEO: ‘Long Way to Go Before Crypto Becomes Mainstream’
8.11.2022
The CEO of the payments giant Mastercard Michael Miebach argued that several elements need to come together before bitcoin (BTC) and crypto in general can go mainstream.
In an interview with Yahoo Finance, the CEO was asked if the day will come when everybody will be paying in bitcoin, and Miebach...
Bitcoin continues to decline; Is it worth buying in 2022?
8.11.2022
Bitcoin is the largest cryptocurrency based on the market cap with a hard cap on coin circulation, which makes it one of the most popular digital assets in the world. From the USA to Australia, crypto enthusiasts love to treat it as an asset. Still, after Ethereum’s Merge upgrade, many people...
Bitcoin Price and Ethereum Prediction - FTX Down 35% amid Insolvency Rumors
8.11.2022
The Asian session has started with a crypto market massacre, with all of the main cryptocurrencies on a strong negative run and the global crypto market cap plummeting below $1 trillion amid FTX insolvency fears. Bitcoin price fell sharply and broke through an upward trendline to trade at $19,600....
Bitcoin Price Prediction as BTC Sees $300 Billion Trading Volume Come In – Pump Imminent?
7.11.2022
On November 07, Bitcoin traded in line with our Asian session price prediction and fell below the $20,900 level. Despite reaching nearly $21,500 last week, the market has been unable to break its current pattern. However, the following week has a decent potential of being the turning...
Billionaire Tim Draper: Bitcoin to $250,000 by Mid-2023
7.11.2022
The American venture capitalist and billionaire Tim Draper is sticking to his earlier $250,000 price prediction for bitcoin (BTC), although he now believes the price will be hit six months later than before.
Speaking at the Web Summit 2022 event in Lisbon, Portugal last week, Draper said...
Crypto Adoption: Number of Bitcoin ATMs in Canada Jumps 28% in One Year
7.11.2022
The number of bitcoin (BTC) automated teller machines (ATMs) in Canada went up nearly 28% in a year and almost 190% in two years, according to data provided by Coin ATM Radar.
The number of Bitcoin ATMs currently installed in Canada is 2,549. On the first day of this month, the Coin ATM Radar...
Bitcoin Price and Ethereum Hold Crucial Support, Arweave Gains Over 35% In A Week
7.11.2022
The Bitcoin price plunged sharply and broke below a major support level of $21,000. Likewise, Ethereum also lost over 2% to complete a 61.8% Fibonacci correction at $1,566.
After Beijing said it had no plans to change its zero COVID-19 policy, US stock futures, cryptocurrencies and commodities...
Bitcoin Price Prediction as BTC Shoots Past $21,000, 20% Rally Incoming?
6.11.2022
Bitcoin hasn't changed much during the European session and continues to consolidate near $21,190. Despite a light weekend, the Bitcoin price prediction remains bullish above the $21,000 level.
Fidelity Investments, a financial services firm, has officially launched its new cryptocurrency trading...
Bitcoin Price and Ethereum Might Recover, CHZ and APE Rallies
6.11.2022
The Bitcoin price consolidated near the $21,158 level on November 6, but a closing of candles above the $21,000 level has increased the odds of a bullish trend continuation. Whereas Ethereum is also struggling below the $1,665 resistance level, it is now attempting to complete a retracement at...
Bitcoin Price Prediction – BTC Spikes 4%, Is A New Bull Market Starting?
5.11.2022
On November 5, the Bitcoin price was trading sharply bullish, surging over 3% to break above a major resistance level of $21,000. Earlier in the month, the leading cryptocurrency experienced increased volatility due to news out of the United States. ...
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Bitcoin Price and Ethereum Prediction – Triangle Breakout Set to Drive 10% BTC Pump
5.11.2022
On November 5, the Bitcoin price exhibited a sharp bullish trend, following the bullish breakout of descending triangle pattern. So far, BTC is up more than 5% to $21,375, and the technical outlook is signaling more upside potential.
Similarly, Ethereum is following in the footsteps of Bitcoin...
PayPal Q3 Revenues Beat Estimates - What It Means for Crypto
4.11.2022
Online payments company PayPal has posted a net revenue of $6.85bn for the third quarter, beating the market’s expectation of $6.82bn. The strong revenue means that digital payments services are still growing, which could potentially be a bullish sign for crypto.
The revenue by the payments giant...
Crypto Prices Bullish Once More - What’s Fueling the Recovery?
4.11.2022
Prices of major cryptocurrencies are again looking bullish, as traders eye hope that inflation has peaked, and attention shifts to the next US interest rate announcement.
The bullish price action in bitcoin (BTC), ethereum (ETH) and other major coins today came despite a more hawkish tone than...