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Bitcoin’s Correlation with Gold Price Hits Yearly High
4.10.2022
Bitcoin and Gold reached a monthly average correlation of 70%, which is an all-time high. The previous peak was 60%, which was reached earlier in the second quarter of 2020. It indicates that investors treat Bitcoin as an asset like gold, and it has a store of value for the long term, especially...
Bitcoin Price and Ethereum Aim Higher, MKR and RUNE Rally
4.10.2022
Bitcoin price is slowly moving higher above $19,500. BTC is currently (04:10 UTC) facing resistance near 19,650. A clear move above the $19,650 and $20,000 resistance levels might open the doors for a steady increase.
Similarly, most major altcoins are eyeing a steady increase. ETH could gain pace...
Bitcoin Trading Volume Picking Up Again – End of Bear Market?
3.10.2022
Bitcoin’s trading volume has steadily expanded since mid-June while the trading volumes of other top capital assets have declined, indicating that the leading crypto could be increasingly considered a “safe haven” for traders fleeing other asset categories, according to a recent analysis...
Bitcoin Price and Ethereum Could Make a Sustained Move Higher
3.10.2022
Bitcoin price remained in a range above the $18,900 level. BTC is currently (11:10 UTC) eyeing an upside break above $19,300. If there is a close above $19,300 and $19,500, there could be a sustained move higher.
Similarly, most major altcoins are eyeing an upside break. ETH is struggling to clear...
Taro to Develop the (Tap)Root of the Global Financial Network Using Bitcoin
3.10.2022
On September 28, the Taro daemon’s alpha version was revealed, allowing programmers to create, transfer, and acquire assets on the bitcoin blockchain. Taro, a Taproot-powered system for generating assets that can be exchanged through bitcoin and, in the coming years, the Lightning Network...
Bitcoin Showing Bullish Signs – Exchange Outflows See Significant Uptick
3.10.2022
Bitcoin (BTC) is again showing signs of bullishness, with outflows from crypto exchanges and into personal wallets now seeing a significant uptick.
In a post published on the crypto analytics platform CryptoQuant, the exchange outflows were described as “very significant” and “the highest amount...
Expert Trader Peter Brandt Says 50% Chance Bitcoin Can Go to Zero
3.10.2022
Veteran trader and technical analyst Peter Brandt reiterated that the price of bitcoin (BTC) has a 50% chance to drop to $0 – also noting that the world’s number one crypto has an “asymmetrical reward-to-risk trade.”
Brandt stated that, for more than four years now, he has been saying that BTC...
Bitcoin Price and Ethereum Bears Keep Pushing, LUNC Could Rally Again
3.10.2022
Bitcoin price failed to stay above the $19,500 level. BTC is currently (03:10 UTC) consolidating above the $19,200 level. A downside break and close below $19,000 might start another drop to $18,500 or even $18,250.
Similarly, most major altcoins are showing a few bearish signs. ETH...
Crypto Fraudster Who Swindled Victims out of Bitcoin and ETH Gets 5-Year Jail Term
30.9.2022
A South Korean crypto fraudster who duped victims out of some $1.7 million worth of bitcoin (BTC), ethereum (ETH), and fiat has been handed a five-year jail sentence.
Chosun reported that the man (33), identified only by his surname Han, was sentenced by the Criminal Division of the Seoul Central...
Spanish Telecom Giant Invests in Crypto Exchange, MicroStrategy Looking for a Bitcoin Lightning Software Engineer + More News
30.9.2022
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: Spanish Telecom Giant Invests in Crypto Exchange, MicroStrategy Looking for a Bitcoin Lightning Software Engineer + More...
XRP Price Steals Show From Bitcoin and Ethereum, MKR Rise
30.9.2022
Bitcoin price remained stable the $19,000 level. BTC is currently (11:00 UTC) consolidating and facing resistance near $19,600. A clear move above the $19,600 and $19,650 resistance levels might start a strong upward move.
Similarly, most major altcoins are eyeing more upsides. ETH could gain...
Bitcoin Falls Back to Support; Will BTC Make a U-Shaped Recovery?
30.9.2022
Bitcoin has been reeling under massive volatile price action, with the outlook of this token seemingly negative in the short term. From a broader perspective, things look dimmer, but dip buyers are happy to add more BTC to their holdings. BTC’s previous low in June 2022 was near $18000, and...
Bitcoin Price and Ethereum Primed for Gains, XRP Starts Fresh Rally
30.9.2022
Bitcoin price settled above the $19,000 level. BTC is currently (03:10 UTC) consolidating above the $19,200 level. A clear move above the $19,500 and $19,600 resistance levels might spark a fresh increase.
Similarly, most major altcoins might start a decent increase. ETH seems to be aiming...
Bitcoin Whale Holdings Plummet to 29-Month Low – Has BTC Bottomed Out?
29.9.2022
Holdings of bitcoin (BTC) by some of the largest whales in the ecosystem have dropped to its lowest level in 29 months, as the macroeconomic backdrop has continued to worsen and put pressure on the bitcoin price.
The latest decline in whale holdings means that this key metric to watch has...
S Korean Entertainment and Crypto Worlds Rocked by Bithumb ‘Boss’-Park Min Young Revelations
29.9.2022
It is a story that has sent shockwaves through both the South Korean entertainment world and the crypto industry – with allegations that the mysterious main shareholder of the crypto exchange Bithumb has been dating one of the country’s leading female actresses. But while this news might...
Brits are Turning to Bitcoin as the Pound Plummets Against the US Dollar
29.9.2022
Bitcoin (BTC) has been winning the attention of British investors amid a plunge in the price of the British pound (GBP) against the dollar.
Data first pointed out by James Butterfill, head of research at Europe's largest digital asset investment firm CoinShares, indicates that Bitcoin trading...
Bitcoin Price and Ethereum Eye Crucial Bullish Break
29.9.2022
Bitcoin price recovered above the $19,000 and $19,200 level. BTC is currently (10:30 UTC) eyeing an upside break above the $19,650 resistance. If the bulls succeed, the price could rally 5%-8%.
Similarly, most major altcoins might start a fresh increase. ETH is consolidating above $1,300 and might...
Bitcoin Price and Ethereum Hold Strong, HNT and SNX Rally
29.9.2022
Bitcoin price remained strong above the $18,500 support zone. BTC formed a base and started a fresh increase above $19,000. It is currently (03:10 UTC) consolidating above the $19,200 level and eyes more upsides.
Similarly, most major altcoins recovered losses. ETH found support near $1,255...
Bitcoin Price Pumps as BOE Announces Quantitative Easing, DXY Drops
28.9.2022
In breaking news today, the Bank of England stated QE will be on 'whatever scale is necessary' and the Bitcoin price has now recovered above $19,500, up 3% in the past 24 hours.
It may be too early to call an end to the 2022 bear market, dubbed in media the 'crypto winter'.
Many market...
Brazilian Police Raid 15 Companies as Part of Crypto ‘Pyramid Scheme’ Bust
28.9.2022
Federal police officers in Brazil have performed search-and-seize raids at 15 firms in two states in a bid to break up a suspected crypto-themed “pyramid scheme.”
Per Agência Brasil, the country’s national public news agency, officers swooped on 15 unnamed companies based in the states of Santa...