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Bitcoin at $16K: Will BTC turn long-term bearish?


Bitcoin is the most popular cryptocurrency with a wide range of use cases. Many crypto enthusiasts regard it as a market leader because rally shown in 2020-21. Since the beginning of this year, 2022, it has been in a downtrend, and still, it is continuing its negative sentiment even in November....

Bitcoin Price and Ethereum Down 5% amid China Lockdown - Time to Buy?


The leading cryptocurrency, Bitcoin, failed to break a descending triangle pattern and fell over 3% to $16,160 amid an increased level of FUD in the market.  Likewise, the second-most valuable cryptocurrency, Ethereum, has followed Bitcoin's lead and fallen sharply by nearly 5% to $1,171.... Read...

Alameda Withdrew $204M in Crypto From FTX US Days Before Exchange Collapsed


Alameda Research reportedly withdrew the most funds from FTX US, the U.S. arm of FTX, days before the crypto exchange filed for bankruptcy. The majority of the withdrawn cryptocurrencies were sent to wallets owned by FTX International, “suggesting that Alameda may have been operating...

Bitcoin Price Prediction – Was $15,500 the Bottom?


Following the rebound above $15,500, Bitcoin price prediction remains neutral during the European session. Since then, BTC has been trading in a narrow range of $16,350 to $16,750. The market's volatility is low this weekend, and thin trading keeps price action limited. Was $15,500 the bottom?...

Bitcoin Price and Ethereum Trade Sideways, Huobi Token Storms 58%


The leading cryptocurrency, Bitcoin, failed to break above the $16,800 level on November 27 and began to fall toward the 38.2% Fibonacci retracement level. Similarly, the second most valuable cryptocurrency, Ethereum, has followed Bitcoin's lead and is trading bearishly above $1,200. Major...

Supply of Tokenized Bitcoin Dropped Significantly Since the Start of the Year


This year, the number of tokenized bitcoins hosted on alternative blockchains like Ethereum, has dropped a great deal. Last January the number of wrapped bitcoin (WBTC) issued on the Ethereum blockchain was around 266,880 WBTC and since then, the number has dropped by more than 15% down to 225,962...

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