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Bitcoin and Ethereum Reverse Gains, Altcoins Turn Red


  Bitcoin price tried to increase its gains above the USD 31,500 level but struggled to continue higher towards the USD 31,800 level. There was a sharp bearish move and the price is currently (04:07 UTC) trading near USD 29,500. BTC is down almost 6% in a day and 7% in a week. Similarly, most...

Japanese Justice Ministry Wants Law Enforcers to Have Power to Seize Crypto


  Japan’s Ministry of Justice wants to give courts and police officers the power to seize cryptoassets in criminal cases – and could allow the state to take control of tokens that have been used in money laundering operations.... Read More: Japanese Justice Ministry Wants Law Enforcers to Have...

Bitcoin (BTC) Recovers: Is the Crypto Winter Concluding?


Bitcoin, the king of crypto with the largest market capitalization, still maintains its dominance with more than double the market value of ETH. With its $598,072,136,863 valuations, there wouldn’t be any new development on the existing parameters of Bitcoin. Enthusiasts expect it to trade in...

Bitcoin and Ethereum Gain Traction, ADA and SOL Accelerate


  Bitcoin price remained supported near the USD 29,500 level and started a recovery wave above the USD 30,500 resistance. It even broke USD 31,000 and is currently (04:10 UTC) eyeing more gains above the USD 31,200 resistance zone. BTC is up 5% in a day and 6% in a week. Similarly, most major...

USD 25K-USD 27K per Bitcoin Is ‘This Cycle’s Bottom’ - Arthur Hayes


  If it is true that the Luna Foundation Guard (LFG) really sold 80,000 bitcoin (BTC) to defend the terraUSD’s (UST) peg during its meltdown, it is likely that USD 25,000 to USD 27,000 is the bottom of this bitcoin market cycle, according to crypto essayist and former BitMEX CEO Arthur...

Bitcoin and Ethereum Near Key Hurdles, ICP Surges


  Bitcoin price remained supported above the USD 29,500 level. BTC started a recovery wave above USD 30,000 and is currently (04:04 UTC) trading near USD 30,500. BTC is up almost 3% in a day and 4% in a week. Similarly, most major altcoins are facing hurdles. ETH is struggling near USD 1,850...

Global Insurers Start Investing in Crypto Amid Risk-On Investment Approach


  Global insurers aim to maintain a risk-on investment approach, with higher allocations to private equity, green bonds, and middle-market corporate loans, but also cryptoassets, according to a report by Goldman Sachs Insurance Asset Management. The survey represents the views of 328 chief...

Bitcoin Price Is Falling: Is It Time for a Long BTC Consolidation?


Bitcoin is one of the first decentralized cryptocurrencies, which helps in cross-border transactions. Unlike paper currencies, it is a digital currency stored in smartphones, computers, or other media storage devices. Many analysts think it is the future of currency, and that is why they treat...

Bitcoin, Ethereum, and Altcoins Slide, WAVES Rallies


  Bitcoin price started another bearish wave after it failed to clear the USD 32,000 resistance. BTC declined almost 6% and traded below USD 30,000. It is currently (04:33 UTC) showing bearish signs near USD 29,770 and is almost unchanged in a week. Similarly, most major altcoins reversed gains....

Soros' Fund CEO Says Crypto is Here to Stay, Warns of Recession and FOMO Trap


  Crypto is “here to stay,” but a recession may be around the corner and investors should beware of “FOMO,” according to Soros Fund Management CEO and Chief Investment Officer Dawn Fitzpatrick. Speaking in a video interview with Bloomberg, Fitzpatrick said that crypto is not going away any time...

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