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First Crypto Investment Outflows in 17 Weeks, MicroStrategy's BTC Strategy + More News
20.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: First Crypto Investment Outflows in 17 Weeks, MicroStrategy's BTC Strategy + More News
Don't expect retail sell-off to crash Bitcoin price — analyst
20.12.2021
High-volume candles associated with Bitcoin price dips already occurred on derivatives exchanges this time round, Willy Woo notes
Crypto Economy Loses 3% Overnight, Bitcoin Slides Below $46K, Analyst Says ‘Downward Force Still Strong’
20.12.2021
The crypto economy has slid in value 2.9% during the last 24 hours and bitcoin slipped under the $46K price zone on Monday. Furthermore, the top ten digital currencies have lost anywhere between 3% to 7% in value during the last day following bitcoin’s price slide. Top Ten Crypto Coins...
Bitcoin wobbles below $46K as 1 BTC passes 800K Turkish lira for the first time
20.12.2021
Bitcoin price weakness is arguably only welcomed by those who chose it over saving in lira this week
Bitcoin and Ethereum Near Crucial Juncture, Altcoins in Red
20.12.2021
Bitcoin price struggled to clear the USD 48,500 resistance level and started another decline. BTC traded below USD 47,000 and it seems like there is a risk of more losses. It is currently (11:56 UTC) trading below USD 46,500 and it could even decline below USD 45,500....
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Asian Sellers Weighing on Bitcoin Price, But Possibly Not for Much Longer
20.12.2021
The bitcoin (BTC) price on average moves markedly lower during Asian business hours than it does during the European and US business hours, indicating that significant selling pressure is coming from Asian investors, new data from on-chain analytics firm Glassnode suggests....
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Biggest GBTC discount ever — 5 things to watch in Bitcoin this week
20.12.2021
Uncertainty across the board means an unusual end to a bull market Q4 for Bitcoin this year, but a price floor may be closer than many think
Bitcoin and Ethereum Trend Lower While XRP Gains Pace
20.12.2021
Bitcoin price failed to gain strength above the USD 48,500 resistance level. BTC started a fresh decline and traded below USD 47,500. It is currently (04:24 UTC) showing bearish signs and there is a risk of more downsides below USD 46,500.
Similarly, most major altcoins are moving lower....
Carbon-neutral Bitcoin? New approach aims to help investors offset BTC carbon emissions
19.12.2021
Some crypto businesses are starting to calculate their Bitcoin carbon emissions through developments in new models
Hundreds of Millions Worth of ‘Sleeping Bitcoins’ Woke up After BTC’s Mid-November Price High
19.12.2021
On Sunday, December 19, a dormant address that received 235 bitcoin in 2013 was activated after more than nine years of sitting idle. Bitcoin’s price has dropped lower after reaching its all-time high on November 10, and throughout December, records show a great number of so-called...
Financial Services Company SBI Group Launches Diversified Crypto Fund in Japan
19.12.2021
SBI Group, the financial services company group based in Tokyo, Japan, has announced the launch of a crypto asset fund that consists of seven different digital currencies. The crypto fund launched by the Japanese company includes bitcoin, ethereum, xrp, litecoin, bitcoin cash, chainlink,...
Bitcoin tests yearly moving average as $100K by Christmas needs 'small miracle'
19.12.2021
Bitcoin will now decide whether or not to preserve the one-year trendline as support in what has historically resulted in long-term upside
Leading Mexican Retailer Grupo Elektra Accepts Bitcoin
19.12.2021
Mexico’s Grupo Elektra, a leading retailer in Latin America, is accepting bitcoin for payments. The chain belongs to conglomerate Grupo Salinas, which is owned by Mexico’s third-richest billionaire, the pro-bitcoin Ricardo Salinas Pliego. Ricardo Salinas Pliego’s Retail Chain...
Crypto Wealth Manager Vaneck Launches Polygon and Avalanche Investment Offerings
18.12.2021
The wealth manager Vaneck has announced it has expanded its exchange-traded note (ETN) offerings to support the tokens polygon and avalanche. The two ETNs follow five previously launched funds in Europe that allow investors to gain exposure to leading digital assets. Vaneck Adds Polygon...
Traders delay $100K Bitcoin prediction, but still expect a blow-off top in 2022
18.12.2021
$100,000 BTC is probably not happening, but analysts are hopeful that BTC can end the year above $50,000 and kick off early 2022 with a new all-time high
Bitcoin 'death cross' that pushed BTC price to $28.8K reappears
18.12.2021
The bearish crossover between Bitcoin's 20-day and 200-day exponential moving averages hints at a drop toward the $40,000-$42,000 area
Avalanche eyes 60% rally as AVAX price breaks out of bull flag
18.12.2021
The bullish setup also emerged as crypto custodian BitGo announced that it would add AVAX to its service portfolio
Bitcoin bears lack 'balls' to continue selling into 2022 — analyst
18.12.2021
After the cascade to $42,000, it's likely that bears will show themselves to be "stoneless," says popular analyst Light
Canaan Secures Order for 30,000 Bitcoin Mining Rigs From Genesis Digital Assets
17.12.2021
The application-specific integrated circuit (ASIC) bitcoin mining rig manufacturer Canaan has announced the company has secured a follow-on contract from Genesis Digital Assets for 30,000 mining machines. The sale is part of an agreement between Canaan and Genesis that gives the mining operation...
Crypto derivatives can foresee price action but need institutional buzz to truly shine
17.12.2021
The crypto derivatives market plays an important role in price discovery, but institutional investors are needed to add depth