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Can Unlimited Fiat and Governments Suppress Bitcoin’s Price? 2 Analysts Discuss the Theory and Odds
19.9.2022
The price of bitcoin has dropped 72.9% in USD value since the crypto asset’s all-time high ten months ago and recently, bitcoin’s been trading for just under $19K per unit. This week two prominent crypto market influencers have been discussing how governments could suppress bitcoin...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit Multi-Month Lows to Start the Week
19.9.2022
On Monday, bitcoin fell to its lowest level since June, as sentiment in cryptocurrency markets remains bearish. The token has fallen lower in consecutive sessions following last week’s U.S. inflation report, and the fall comes ahead of the upcoming U.S. Federal Open Market Committee meeting....
Bitcoin’s Volatility Seems to Not End; Can BTC Rise to Its Glory?
19.9.2022
A successful Merge update has triggered the argument of the sustainability of Proof of Work consensus for the long term, especially Bitcoin. After the Merge, Bitcoin is in a downtrend, which also raises doubts in retail investors who invest in Bitcoin with their hard-earned money because they...
Bitcoin, Ethereum crash continues as US 10-year Treasury yield surpasses June high
19.9.2022
On-chain and technical indicators also hint at more pain for Bitcoin and Ethereum for the remainder of 2022
Biggest Fed rate hike in 40 years? 5 things to know in Bitcoin this week
19.9.2022
The Fed prepares an inflation move that could act as a "sledgehammer" for crypto and risk assets
Report: Quebec’s Mohawk Council of Kahnawake Seeks Energy to Power Crypto-Mining Opportunities
19.9.2022
According to a report from Canada’s Local Journalism Initiative, members of the Mohawk Nation from Kahnawake are looking into using electricity from Hydro Quebec in order to power cryptocurrency mining operations. The Mohawk Council of Kahnawake (MCK) created a new organization to research...
Bitcoin Price and Ethereum Bleed, Altcoins Takes Hit
19.9.2022
Bitcoin price failed to stay above the key $19,500 support zone. BTC is currently (03:30 UTC) down over 6% and trading below $19,000. It seems like ether’s price decline is dragging bitcoin lower and might push it towards $18,000 or $17,800.
Similarly, most major altcoins are gaining bearish...
Merge Flippening Predictions Fail as Ethereum’s Market Dominance Drops 13% in 30 Days
19.9.2022
During the last 35 days, ethereum has lost a significant amount of market dominance leading up to The Merge. On August 14, 2022, the second leading crypto asset by market capitalization, ethereum, had a market dominance of around 19.5% but three days after the transition to proof-of-stake (PoS)...
Goldman Sachs' bearish macro outlook puts Bitcoin at risk of crashing to $12K
18.9.2022
Bitcoin derivatives data also shows sentiment shifting in favor of a massive crash below $20,000, the current psychological support
Historical Bitcoin Price Trends Are Traditionally Bearish in September, While BTC Market Revivals Follow in October
17.9.2022
Half of September has passed and bitcoin traders are curious about where the price is headed next, as September is traditionally a bearish month for crypto prices. Furthermore, October is known to be a bullish month as bitcoin has been profitable in October more than 77% of the time. Data shows...
These Are the Most Profitable Proof-of-Work Algorithms Since Ethereum Moved to Proof-of-Stake
17.9.2022
Since the transition from proof-of-work (PoW) to proof-of-stake (PoS), ethereum cannot be mined and miners are now dedicating hashrate to different PoW chains. Since ethereum can no longer be mined, the most profitable PoW consensus algorithms are Kadena, Scrypt, and Cuckatoo32. Five days...
Bitcoin, Ethereum Technical Analysis: ETH Nears 2-Month Low, as Post-Merge Sell-Off Continues
17.9.2022
Ethereum continued to fall on Saturday, as the token’s post-Merge sell-off intensified to start the weekend. Prices of the world’s second largest cryptocurrency fell to their lowest level since July, as bearish sentiment in the market remained high. Bitcoin was also lower today, once...
The floppening? Ethereum price weakens post-Merge, risking 55% drop against Bitcoin
16.9.2022
A classic bearish reversal pattern suggests pain ahead for the ETH/BTC pair despite Ethereum's milestone Merge event
Price analysis 9/16: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT
16.9.2022
Equities markets are witnessing aggressive selling due to increasingly bearish macroeconomic factors, and this is adding sell pressure to Bitcoin and altcoin prices
The PoW Dominance Purge — Only 6 Crypto Assets out of the Top 50 Market Caps Use Proof-of-Work
16.9.2022
At the time of writing, only one coin in the top ten crypto assets by market capitalization is a proof-of-work (PoW) token and out of the top 20, there are only three tokens that leverage a PoW consensus mechanism. Moreover, out of 50 of the largest crypto coins by valuation, only six use PoW...
Bitcoin exchange inflows see biggest one-day spike since March 2020
16.9.2022
236,000 BTC enters trading platforms in a single day amid what one commentator calls "unusual" exchange flows
Bitcoin (BTC) Turns Red as Bears Hold Strong Hand in Crypto Market!
16.9.2022
As the second largest cryptocurrency, Ethereum has switched to Proof of Stake consensus, so many investors doubt whether Bitcoin with Proof of Work consensus will be sustainable in the long run. Truly speaking, this change in the basic code has been on the To-Do list from Ethereum’s inception,...
Bitcoin, Ethereum Technical Analysis: ETH Hits 3-Week Low as Bearish Momentum Increases Following The Merge
16.9.2022
Ethereum moved to a three-week low on Friday, as market sentiment remained bearish following the completion of The Merge. The world’s second largest cryptocurrency dropped below $1,500 today, less than 24 hours after the historic migration from proof-of-work (PoW), to a proof-of-stake (PoS)...
Bitcoin Price and Ethereum Might Recover, CHZ and LINK Turn Attractive
16.9.2022
Bitcoin price started a consolidation phase after it dropped to $19,500. BTC is currently (11:00 UTC) trading above $19,500 and eyeing an upside break above $20,000. A clear move above the $20,000 resistance might send the price towards $20,450 in the near term....
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Bitcoin price threatens $19.6K as Ray Dalio predicts 30% stocks crash
16.9.2022
The aftermath of the Ethereum Merge gives no respite to crypto bulls, who face continued market pressure as stocks also trend down