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Here's Why The Bitcoin Price is Down But Far From Out
22.9.2022
The bitcoin price remains down today, with its 0.5% gain in the past 24 hours cancelled out by a 5% drop in a week and 10% fall in a month. However, it has rebounded by nearly 4.8% since reaching a 24-hour low of $18,262 yesterday, which it did in the wake of the Federal Reserve bumping interest...
Bitcoin Price and Ethereum Escape Bearish Breakdown, DCR Surges
22.9.2022
Bitcoin price managed to stay above the $18,500 support zone. BTC is currently (11:00 UTC) trading above $19,000. However, the price is still facing a couple of major hurdles near $19,500 and $19,600.
Similarly, most major altcoins are attempting an upside correction. ETH is slowly moving higher...
South Korean Taxman Has Seized $186m Worth of Crypto from Tax Dodgers in Past 2 Years, Says Gov’t
22.9.2022
South Korean tax authorities have seized over $186 million in crypto from tax-evading individuals since 2021.
According to data released by the Ministry of Strategy and Finance, the Ministry of Public Administration and Security, the National Tax Service, and 17 cities and provinces nationwide...
Jesse Powell Exits Kraken CEO Position, COO Ripley Will Take the Reins
22.9.2022
Major crypto exchange Kraken announced that co-founder Jesse Powell is stepping down from his position as CEO.
Powell co-founded the company back in 2011 with Thanh Luu, and is considered one of the pioneers in the space.
Per this announcement, COO Dave Ripley will succeed Powell, while...
Bitcoin Price and Ethereum Struggle After Fed Decision, XRP Consolidates
22.9.2022
Bitcoin price struggled to clear the $19,500 resistance. BTC is currently (03:10 UTC) trading below $19,000. The fed rate hike to 3.25% increased selling pressure and now there is a risk of a move below the $18,000 level.
Similarly, most major altcoins are moving lower. ETH gained bearish momentum...
5 Bitcoin Price Predictions With Crypto Prices Crashing FOMC Day
22.9.2022
The Bitcoin price crash post FOMC swept the September monthly low - is it time to buy BTC? We review Twitter trader Bitcoin price predictions.
With the Wednesday daily candle about to close - FOMC day - the Bitcoin price has dropped as low as $18,125 on Binance. The previous September low was...
Crypto Prices Under Pressure – Here's 10 Ways to Protect Your Wealth From the Fed
21.9.2022
Crypto prices are telling us that there’s a storm brewing if it's not already here, so the sensible thing to do is to batten down the hatches.
But what exactly does that mean for market participants in the cryptocurrency space? What action can and should you take to preserve your wealth?...
Crypto Prices Outlook Darkens But There’s a Silver Lining
21.9.2022
The low crypto prices have dampened investor moods. But hope is on the horizon and may come in the form of Bitcoin.
Bitcoin's crash from $69,000 to $17,700 in June 2022 was painful enough but wasn't the end of it. Hope was restored when Bitcoin recovered to just under $25,000 in mid-August,...
Why the Bitcoin Price is Dumping and Could it Get Worse
21.9.2022
Bitcoin's price has risen by 1.5% in the past 24 hours, but has fallen by 4% in the last seven days. At $19,321, this represents a hefty 10.5% correction in the past 30 days, and given the expectation that the Federal Reserve -- and other central banks -- will continue raising interest rates,...
Banking Giant Launching VC for Crypto Investments, Paying Taxes With Crypto in US, EOS Independence + More News
21.9.2022
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: Banking Giant Launching VC for Crypto Investments, Paying Taxes With Crypto in US, EOS Independence + More News
Bitcoin Price and Ethereum Aim Higher, XRP Poised For More Gains
21.9.2022
Bitcoin price is still struggling to clear the $19,500 resistance. BTC is currently (11:10 UTC) consolidating near the $19,000 zone. If there is no upside break, the bears might aim a move towards the $18,000 level.
Similarly, most major altcoins might aim a fresh increase. ETH could rise steadily...
South Korean Police Swoop on 25 Suspected Kimchi Premium BTC Traders
21.9.2022
South Korean law enforcers continue to crack down on illegal kimchi premium traders – and have arrested 25 suspected traders who they think ran an illegal international bitcoin (BTC) trading ring.
KBS and Newsis reported that the South Jeolla Province branch of the National Police Agency’s...
XRP Price Outpaces Bitcoin and Ethereum, Key Resistance Intact
21.9.2022
Bitcoin price failed to gain bullish momentum above the $19,500 resistance. BTC is currently (03:10 UTC) trading below $19,200. If there is a downside break below $19,000, the price may perhaps accelerate lower.
Similarly, most major altcoins are facing important hurdles. ETH topped near $1,380...
Crypto Prices To 'Nuke' If 100 bps Interest Rate Announced at FOMC Meeting - Experts
21.9.2022
Two crypto experts shared their crypto price predictions heading into the FOMC meeting tomorrow at 2pm ET and Jerome Powell's speech.
With crypto prices falling in the past 24 hours - Bitcoin and Ethereum are down 3 to 4% - many traders are derisking, waiting on the sidelines and searching...
How Binance Bucks the Trend With its Higher Trading Volumes
20.9.2022
The major crypto exchange Binance has bucked the trend when it comes to trading volumes during the bear market, recording a sharp increase in volume on popular trading pairs even as crypto prices have plummeted....
Read More: How Binance Bucks the Trend With its Higher Trading Volumes
Bitcoin Price and Ethereum Struggle Into Bottom of Resistance Zone, XRP Outperforms
20.9.2022
Bitcoin price started an upside correction above the $19,000 level. BTC is currently (11:10 UTC) struggling to clear the $19,620 resistance. A clear move above $19,620 might send the price towards $20,000 or even higher.
Similarly, most major altcoins are facing hurdles. ETH is facing resistance...
US Treasury Begins Public Consultation on How to Regulate Crypto
20.9.2022
The US Department of Treasury is seeking public opinion on the “responsible development of digital assets.” Its questions focus on a variety of crypto-related aspects, including decentralized finance (DeFi), non-fungible tokens (NFTs), mixers, virtual asset service providers (VASPs), and...
Brazilian Regulator Wants ‘Transparency’ in Crypto Sector, Prepares to Issue Guidelines
20.9.2022
(Source: Robert Rusell/Unsplash)
Brazil’s markets regulator says it wants “transparency” in crypto and claims it is preparing a set of industry guidelines. The body is working in conjunction with the nation’s Economy Ministry – in a possible further setback for MPs hoping to regulate...
Bitcoin Price and Ethereum Recover, Altcoins Reverse Most Losses
20.9.2022
Bitcoin price traded to a new monthly low near $18,250 before it started an upside correction. BTC is currently (03:10 UTC) trading above $19,200. The price must settle above $19,500 and $19,620 to continue higher.
Similarly, most major altcoins started a decent upside correction. ETH recovered...
Bitcoin’s Volatility Seems to Not End; Can BTC Rise to Its Glory?
19.9.2022
A successful Merge update has triggered the argument of the sustainability of Proof of Work consensus for the long term, especially Bitcoin. After the Merge, Bitcoin is in a downtrend, which also raises doubts in retail investors who invest in Bitcoin with their hard-earned money because they...