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Bitcoin price would retest $25K without Silvergate saga — analysis
4.3.2023
Strong U.S. equities and a floundering dollar normally serve to boost BTC price action — but Silvergate is the elephant in the room
Digital Assets Under Management 5.25% Higher in February — Grayscale Still ‘Most Dominant Player’
4.3.2023
The value of digital assets under management (AUM) for digital asset investment products in February rose to $28.3 billion, the highest number recorded since May 2022, according to Cryptocompare stats. The increase came against the background of rising U.S. Securities and Exchange Commission (SEC)...
FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation
3.3.2023
On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the company’s total...
Avalanche Sees Surge in BTC Bridged to Its Network With Over $44 Million in Bitcoin Ported on Thursday
3.3.2023
According to statistics, the number of bitcoin bridged to the Avalanche blockchain saw a significant inflow on March 2, as more than 2,000 bitcoin were bridged on that day. Data further shows that as of Friday, March 3, a total of 8,504 bitcoin worth $190.9 million was bridged over to the Avalanche...
Bitcoin Price Prediction – Why is BTC Down and Where is the Next Support?
3.3.2023
Bitcoin has experienced a significant decline in its value over the past few days, prompting concerns among investors and traders. The market is currently trying to gauge the reasons behind this decline and determine where the following support for the cryptocurrency may lie.
In this article,...
Price analysis 3/3: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
3.3.2023
Concerning news from Silvergate Bank and FTX may have influenced investors’ decision to press the sell button, but the potential for further downside could be limited
Bitcoin price settles at $22.4K as daily RSI retraces 2023 bull run
3.3.2023
Bitcoin RSI is back at square one as the mood among traders becomes uncertain after 5% BTC price losses overnight
Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit Multi-Week Low, as Silvergate Uncertainty Spooks Markets
3.3.2023
Bitcoin dropped to a two-week low on Friday, as crypto markets continued to react to the uncertainty surrounding Silvergate. The solvency of the bank has been put into question, with Binance, Coinbase and other exchanges moving to halt transactions. Ethereum also edged lower, falling below $1,600...
Dollar’s sharp recovery puts Bitcoin’s $25K breakout prospects at risk
3.3.2023
Persistent inflation and a strong labor market create conditions for more Fed rate hikes in 2023, which may push Bitcoin down against the U.S. dollar
Bitcoin-Bridged to Avalanche Reaches Record Daily Mint of Over 2K BTC
3.3.2023
Half of the BTC.b minted on Thursday have been moved to BENQI Finance, an Avalanche-based decentralized finance protocol
Bitcoin Price and Ethereum Prediction: BTC and ETH Take a 5% Dive, but How Low Can They Go?
3.3.2023
The cryptocurrency market has taken a hit as both Bitcoin (BTC) and Ethereum (ETH) experience a 5% dip in their value. As the two largest cryptocurrencies by market cap, this downward trend has left many wondering how low BTC and ETH can go....
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Bitcoin price slides 5% in 60 minutes, hitting two-week low amid Silvergate
3.3.2023
The price of BTC has fallen a steep 5% in a matter of 30 minutes between 1:30-2:00am UTC time on March 3. The cause behind the fall is not clear
Bitcoin Bulls Getting Excited as Key On-chain Metrics Trend Higher – Further BTC Price Rally Incoming?
3.3.2023
Bitcoin bulls are licking their lips as they look at various widely followed metrics of on-chain activity. The world’s first cryptocurrency and largest by market capitalization is already up over 40% this year, but that rally could extend in the months ahead if positive on-chain trends continue...
Binance 'not planning any layoffs,’ 500 roles to be filled in H1
3.3.2023
A Binance spokesperson told Cointelegraph that they hired 600 people since January and have no imminent plans for layoffs
Xapo Bank Integrates Lightning Network Payments Through Lightspark Partnership
2.3.2023
On March 2, Xapo Bank announced its partnership with Lightspark, a company led by David Marcus, former crypto boss at Facebook. The partnership aims to extend the utility of bitcoin and the Lightning Network. Xapo revealed on Thursday that it is the first fully licensed private bank to offer...
Bitcoin leverage ramps up as BTC's margin long-to-shorts ratio hits a record $2.5B high
2.3.2023
BTC traders at Bitfinex and OKX are unwilling to use margin markets for bearish bets, creating an alarming imbalance that investors should pay close attention to
Bitcoin Price Prediction as BTC Whale Transfers $230 Million into Unknown Wallet – What’s Going On?
2.3.2023
Bitcoin's recent price movement has caught the attention of crypto investors and enthusiasts as a massive transfer of $230 million worth of BTC was made to an unknown wallet by a whale investor. This event has fueled speculation about what the transfer could mean for Bitcoin's price in the near...
Bitcoin price risks $23K rerun as Coinbase stock falls over Silvergate
2.3.2023
Bitcoin wobbles over fresh concerns over crypto firm solvency, but BTC price performance remains stronger than Coinbase and Silvergate bank stock
Crypto Accounts for Less Than 2% of El Salvador’s Remittances – Has BTC Adoption Plan ‘Failed?’
2.3.2023
Crypto accounts for less than 2% of all of the remittances made to El Salvador, new government figures show. And critics say this is proof that the nation’s Bitcoin (BTC) adoption plan has failed....
Read More: Crypto Accounts for Less Than 2% of El Salvador’s Remittances – Has BTC Adoption Plan...
Bitcoin, Ethereum Technical Analysis: BTC Edges Lower, as US Manufacturing Sector Contracts
2.3.2023
Bitcoin fell into the red on March 2, as markets reacted to further negative data from the United States. The nation’s manufacturing sector contracted for a fourth straight month in February, which comes as consumer confidence also fell last month. Ethereum was also lower, retreating from...