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$43K BTC flipping support? Not anytime soon, according to derivative metrics
23.3.2022
Short sellers got liquidated to the tune of $150 million, but two metrics show pro traders did not flip bullish after the recent Bitcoin rally
2 metrics signal traders do not expect $2T crypto market cap anytime soon
21.3.2022
Despite only one coin among the top-80 declining over the past week, Tether and futures premiums show a lack of excitement in the market
Peter Thiel Says His ‘Biggest Mistake of the Decade Was Getting Too Late and Too Little Into Bitcoin’
19.3.2022
During a discussion published on March 12, 2022, the billionaire entrepreneur and venture capitalist, Peter Thiel discussed how he built Paypal with fellow co-founders Max Levchin, David Sacks, and Luke Nosek. Toward the end of the hour-long conversation, the topic quickly turned...
Member of St. Maarten’s Parliament Plans to Have His Entire Salary Paid in Bitcoin Cash
19.3.2022
On Saturday, the leader of the United People’s Party and member of St. Maarten’s Parliament, Rolando Brison, announced that he’s become the first elected official to request his entire salary paid in bitcoin cash. Brison believes St. Maarten can be the “Crypto Capital...
Bitcoin rally hopes diminish as pro traders flip bearish, retail interest at 12-month lows
18.3.2022
A symmetrical triangle shows support at $38,000 but pro traders have failed to add leverage long positions, according to exchanges' data
Co-Founder of Bitmex Predicts Gold Rising to $10K, Bitcoin Marching to $1 Million
18.3.2022
On March 16, Arthur Hayes, the co-founder of the cryptocurrency exchange Bitmex, published a blog post called “Energy Cancelled,” which describes the economics behind the ongoing Russia-Ukraine war. Hayes explains in his 26-minute long opinion piece that historians may point...
Euro’s Recovery Might Be a Long Shot Given FOMC Decision
16.3.2022
The ongoing conflict between Ukraine and Russia continues to have an impact on the forex market. Still, the Euro made a considerable movement in the market lately following a meeting of the European leaders with the President of Ukraine. Experts believe that this new development is not good enough...
India Targets 700 Crypto Investors for Non-Payment of Taxes: Report
16.3.2022
India’s income tax department has reportedly identified about 700 cryptocurrency investors who have failed to pay taxes on high-value crypto transactions. “We have a long list of people who were transacting in crypto assets but were not paying tax,” said an official with...
Bitcoin, Ethereum Technical Analysis: BTC Fails to Breakout of $40,000 Resistance Level
15.3.2022
On the eve of tomorrow’s FOMC meeting, bitcoin once again failed to climb past its long-term resistance level of $40,000, as markets consolidated. Although prices moved away from recent support, upside momentum slowed as BTC neared its ceiling. As of writing, ETH was trading at its level...
Short term Bitcoin buyers transition to long term holders: Glassnode
15.3.2022
Although long-term coin selling saw a marked increase last week, HODLing is still the preferred strategy as more of the short-term supply is becoming long-term supply
Strategy and Space Gamers Get Their Own Play-to-Earn Metaverse Full of Cool NFTs — DEEPSPACE (DPS) Alpha Review
14.3.2022
Space, the final frontier. The long and exciting journey through vast, dark, deep space with a fleet of your own. The release of the alpha version of the play-to-earn metaverse game DEEPSPACE (DPS) opens up a brand new chapter of the metaverse world for all those who love space exploration, fleet...
Bitcoin Exchange Reserves Drop to Lowest Point in 3 Years
12.3.2022
The number of bitcoin held on exchanges has continued to drop in recent times as the metric suggests crypto advocates are pulling funds off of trading platforms for long-term holding. At the time of writing, 2.32 million bitcoin worth over $90 billion is held on centralized cryptocurrency...
What’s a ‘Long-Term’ Time Horizon for Crypto?
10.3.2022
Crypto is different from other investments. It’s still becoming clear who’s in it for the long haul, who sees it as a cash grab, and who’s investing due to FOMO
‘People Will Get Burned’: Matt Odell on the Long Road to Bitcoin Privacy
9.3.2022
Privacy advocate and hardcore bitcoiner Matt Odell discusses CoinJoins, privacy coins and “canaries.”
Biden Issues Long-Awaited Executive Order on Crypto
9.3.2022
U.S. President Joe Biden directed federal agencies to coordinate their efforts in studying cryptocurrencies in a first-of-its-kind executive order Wednesday. These agencies will evaluate their approach in six “key priorities” within the digital asset sector
Ethereum traders reduce their bullish bets as ETH struggles reclaim $3K
8.3.2022
ETH price is stuck in a rut and these three metrics suggest the downtrend is nowhere near an end
Data Shows Global Financial Conditions Tightest in 2 Years, Shaky Bond Markets Point to Long-Run Inflation
8.3.2022
At the end of the trading day on Monday, Wall Street was roiled once again as major stocks plunged during the day’s trading sessions. Most news outlets indicate the Russia-Ukraine war is causing the bleak outlook and reports show strained financial conditions worldwide are currently...
Technical Analysis: WAVES Almost 20% Higher to Start the Week, as FLOW Also Rises
7.3.2022
WAVES was once again trading higher, as cryptocurrency markets marginally climbed to start the week. Although the weekend’s red wave has not fully faded, FLOW was also able to move higher on Monday. WAVES WAVES rose for a second consecutive session to start the week, breaking out of...
Skybridge Capital Founder Doubles Down on $100K Bitcoin Prediction — Expects BTC to Reach $500K Long-Term
7.3.2022
The founder of Skybridge Capital has doubled down on his $100K bitcoin price prediction. He also believes that bitcoin could reach $500K a coin in the long run. “But we’ve got some work to do here from a regulatory perspective,” he stressed. The executive also advised how...
Technical Analysis: Record Broken, as ANC Falls Over 20% on Sunday
6.3.2022
Following a week-long winning streak, ANC finally fell on Sunday, as crypto bears finally entered the fray. Despite this, WAVES managed to maintain recent highs, and has now climbed close to 60% in the last week. Anchor protocol (ANC) Following a streak of fresh record highs from Wednesday...