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2022’s Market Review: Crypto Economy Loses $1.4T, Top 10 Token Knockouts, Terra’s Collapse
21.12.2022
2022 is coming to an end and during the last 12 months, the crypto economy has lost roughly $1.486 trillion in value against the U.S. dollar. On Dec. 20, 2021, bitcoin was trading for $46,406 and it has lost more than 63% in value year-to-date, while the second leading crypto asset ethereum shed...
$1.7M in Quadrigacx Bitcoins Move, Court Trustee EY Says Transfers Were ‘Unauthorized’
21.12.2022
On Dec. 19, the Twitter account Zachxbt revealed he discovered five cold wallets from the now-defunct Quadrigacx crypto exchange move 104 bitcoin. The following day, ‘big four’ accountancy firm EY, Quadrigacx’s bankruptcy court trustee, explained it did not authorize...
Bitcoin Price Prediction as $25,000,000,000 Trading Volume Comes In – BTC to the Moon?
21.12.2022
On December 21, the price of Bitcoin remained relatively stable near $16,750. BTC/USD began trading at $ 16,925 on December 21. It is currently trading at $ 16,857, up 0.19% in the last 24 hours. BTC/USD has ranged from a high of $16,934 to a low of $16,794. Furthermore, its value has fallen...
Price analysis 12/21: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI
21.12.2022
Bitcoin and select altcoins are showing signs of a possible recovery in the near term but higher levels may continue to attract sellers
Bitcoin rebound to $18.4K? BTC price derivatives show strength at key support zone
21.12.2022
Miners are in deep trouble due to increased hash rate and energy costs, but pro traders slightly added to their longs despite the recent BTC pullback
Core Scientific Files for Bankruptcy Protection, Firm Plans to Continue Mining Bitcoin to Pay Down Debt
21.12.2022
On Dec. 21, 2022, one of the largest bitcoin mining operations in the industry, Core Scientific, filed for Chapter 11 bankruptcy protection in the Southern District of Texas. According to the filing, Core Scientific has roughly 1,000 to 5,000 creditors and its estimated assets are worth between...
Bitcoin, Ethereum Technical Analysis: BTC Briefly Above $17,000 Ahead of US Consumer Confidence Report
21.12.2022
Bitcoin was briefly trading above $17,000 on Wednesday, as markets prepared for the release of the upcoming U.S. consumer confidence report. Today’s figure is expected to come in at a reading of 101.00 for December, which is higher than last month’s number of 100.2. Ethereum was also...
Bitcoin (BTC) continues consolidation in hopes of a breakout!
21.12.2022
Bitcoin might be considered a digital gold or a broader representation of the functioning and growth of the cryptocurrency industry. In reality, the idea that something digital can hold weight is based on supply and demand dynamics. If enough people say it’s worth $100,000, it would surely...
Bitcoin price fails to retake $17K with market ‘not prepared’ for dip
21.12.2022
Bitcoin remains stable, but that will not last long, BTC price analysis agrees
Ethereum Price Prediction as Bloomberg Analyst Expects ETH to Outperform BTC in the Next Bull Market – Time to Buy?
21.12.2022
The ethereum price has risen by 0.5% in the last 24 hours, slightly exceeding the wider cryptocurrency market's increase over the same period. At $1,215.91, its current price represents a 7.5% drop in a week and 6% gain in a month, with these movements coming at a time of ongoing instability...
BTC-e’s Alexander Vinnik Applies for Release on Bail Citing Trial Delay
21.12.2022
The alleged operator of crypto exchange BTC-e, Alexander Vinnik, has asked to be released on bail due to the delay in court proceedings. In early August, the Russian IT specialist was extradited to the United States to face charges of money laundering through the now-defunct coin trading platform....
'Forget a pivot' — markets won't see Fed rate cut boost in 2023, says analyst
20.12.2022
Bitcoin, stocks or else, there is now no light at the end of the Fed rate hike tunnel in 2023, says Jim Bianco
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,200 as Bank of Japan Policy Decision Impacts Markets
20.12.2022
Ethereum rose back above the $1,200 level on Tuesday, as the dollar rebounded following the latest Bank of Japan (BOJ) policy decision. The bank adjusted its yield curve control, which increased its cap on the 10-year government bond, allowing moves of up to 50 basis points (bps), up from 25 bps....
Bitcoin Price Prediction as BTC Touches $16,300 Support – Here Are Some Key Levels to Look Out For
20.12.2022
On December 20, Bitcoin price prediction is more or less unchanged as BTC continues to trade choppy near the $16,800 level. It is currently trading at $16,808, up 0.21% in the last 24 hours. The BTC/USD pair has ranged from a high of $16,858 to a low of $16,413 and its value has fallen...
Bitcoin ditches $16K dip as 'Leeroy Jenkins' Bank of Japan flattens dollar
20.12.2022
BTC price sees short-term relief as the DXY falls, but Bitcoin analysts warn that Japan's move means carnage for global markets
Bitcoin Price Prediction as Bears Take Control – How Low Can BTC Go?
20.12.2022
Bitcoin is trading bearishly on December 20, having breached a narrow range of $16,550 to $16,800 and falling to the 16,300 level. However, Bitcoin has returned to the same trading range as before. Investors are waiting for a solid fundamental reason to drive price action. Similarly, the overall...
$1.7M of Bitcoin tied to QuadrigaCX reawakens after years of dormancy
20.12.2022
The wallets were thought to be inaccessible following the death of the exchange's founder in 2018, as he had sole responsibility for the wallet's private keys
Commodity Analyst Mike McGlone Suggests ‘Bitcoin Appears Poised to Resume Its Inclination to Outperform’
19.12.2022
Bloomberg Intelligence senior commodity analyst, Mike McGlone, believes a “warm spell” is coming in terms of bitcoin markets as the market strategist detailed on Monday that “bitcoin appears poised to resume its inclination to outperform.” McGlone’s comments...
BTC price faces 20% drop in weeks if Bitcoin avoids key level — analyst
19.12.2022
Bitcoin does not look good when it comes to sustained BTC price upside, traders warn, as GBTC reaches a fresh record discount
On-Chain Data Suggests Bitcoin Whales are Unloading BTC at a Record-Breaking Rate – What’s Going On?
19.12.2022
Bitcoin (BTC) whales are now unloading coins at a pace never before seen as measured on a 30-day basis.
In total, whales have offloaded some 280,000 BTC in the past 30 days, data from the on-chain analysis firm Glassnode showed as of Sunday. That is the highest number of any 30-day period...