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Bitcoin price falls below $20K for first time since 2020
18.6.2022
A brutal day of losses unfolds as Bitcoin crosses under its previous cycle high for the first time in history
Kenyan Law Enforcement Agency Arrests Two Students Accused of Using Stolen Funds to Buy BTC
18.6.2022
Two Kenyan students accused of hacking credit cards and using the ill-gotten funds to buy bitcoin have been arrested by the Directorate of Criminal Investigations, a statement from the law enforcement agency has said. After converting the cryptocurrency to local currency, the two students would...
Market selling might ease, but traders are on the sidelines until BTC confirms $20K as support
17.6.2022
BTC and altcoins could continue to see selling, but a positive is that traders took shelter in stablecoins instead of completely exiting the crypto market
Price analysis 6/17: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX
17.6.2022
Bitcoin price struggles to hold support at $20,000, and the outcome of this battle between bulls and bears will determine the next directional move
The Number of Tethers in Circulation Dropped by Over 12 Billion in 2 Months, USDC Grew by 9%
17.6.2022
During the last two months, the stablecoin tether has been one of the most traded crypto assets swapped against a myriad of digital currencies. 66 days ago on April 11, 2022, tether’s market valuation was over $82 billion with 82,694,361,442 tethers in circulation. Since then, more than...
Three Arrows Capital weighs bailout as Kyle Davies breaks silence: Report
17.6.2022
All options are on the table for 3AC after this week’s crypto market collapse triggered mass liquidations for the hedge fund
Bitcoin whale support lines up as trader says $14K 'most bearish' BTC price target
17.6.2022
$20,000 is being keenly watched while big buys from 2020 stand between spot price and the lowest Bitcoin bottom estimates
Bitcoin, Ethereum Technical Analysis: ETH, BTC Lower as Bearish Momentum Returns on Friday
17.6.2022
Following a slight surge in price, bitcoin was trading lower on Friday, as bearish momentum returned to crypto markets. BTC was once again nearing the $20,000 level in today’s session, while ETH fell below $1,100 earlier in the day. Bitcoin BTC moved lower in Friday’s session,...
Bitcoin and Ethereum Bulls Put Up Fight, Altcoins Move Higher
17.6.2022
Bitcoin price gained bearish momentum below the USD 21,200 support, but the BTC bulls protected the key USD 20,000 support zone. The price is currently (11:44 UTC) consolidating near USD 21,200 and is unchanged in a day, but is still down 30% in a week.
Similarly, most major altcoins...
GBTC premium hits -34% all-time low as crypto funds ‘puke out’ tokens
17.6.2022
Dark days for crypto institutional investors as contagion fears are magnified and asset prices tumble
Bitcoin and Ethereum Approach Crucial Juncture, Altcoins Move Lower
17.6.2022
Bitcoin price struggled to clear the USD 23,000 resistance level and dropped below USD 21,200. It is currently (04:09 UTC) showing bearish signs near USD 20,400 and is down 8% in a day and 32% in a week.
Similarly, most major altcoins are also moving lower. ETH is trading below the key...
Bitcoin traders expect a ‘long consolidation’ phase now that BTC trades below $21K
16.6.2022
Analysts say the entire crypto market is in for a very long consolidation and accumulation period following BTC’s current drop to 2017 highs
Further downside is expected, but multiple data points suggest Bitcoin is undervalued
16.6.2022
Traders are taking a hands-off approach to BTC, but a number of price metrics suggest Bitcoin is undervalued even though further downside is expected
BTC price rejects at $23K as US dollar declines from fresh 20-year highs
16.6.2022
The Fed rate hike does not offer much relief as a downtrend in stocks resumes, dragging Bitcoin with it
Bitcoin, Ethereum Technical Analysis: BTC Moves Away From $20,000 Following Historic Fed Rate Hike
16.6.2022
Bitcoin moved away from its recent low of $20,000 on Thursday, following a historic rate hike from the Federal Reserve. As inflation in the United States rose to a 44-year high of 8.6% last month, the Fed responded by hiking rates by 0.75%. ETH was also marginally higher today. Bitcoin BTC...
Bitcoin and Ethereum Retreat From Key Hurdles, Altcoins Trim Gains
16.6.2022
Bitcoin price attempted a recovery wave above the USD 22,000 resistance. BTC even cleared the USD 22,500 level, but the bears were active near USD 23,000. BTC is currently (11:44 UTC) trading near USD 21,200 and is unchanged in a day and down 26% in a week.
Similarly, most major altcoins failed...
Treasury Minister of El Salvador Dismisses Bitcoin Investment Losses, Calls Media Reports Biased
16.6.2022
Alejandro Zelaya, the treasury minister of El Salvador, called out the critics of the investments that his country, through the action of President Nayib Bukele, has made in bitcoin. Zelaya stated that there had not been any losses because the bitcoin purchased — around 2,300 BTC —...
These 3 metrics suggest the Bitcoin price crash is not over
16.6.2022
$20,000 feels scary, but it may not be the end of the story for Bitcoin's latest bear cycle
Bitcoin and Ethereum Try to Recover, ADA, SOL, and DOGE Rally
16.6.2022
Bitcoin price traded close to the USD 20,000 support zone before the bulls appeared. BTC formed a base and started a recovery wave above the USD 22,000 level. It is currently (04:02 UTC) consolidating near USD 22,300 and facing resistance near USD 23,000. BTC is up almost 4% in a day and down...
‘Cheaper than it looks’: Fidelity’ exec says BTC undervalued and oversold
16.6.2022
Anthony Pompliano made similar remarks on Monday, noting that Bitcoin’s “value and price are diverging” and that “weak hands are selling to strong hands.”