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Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Ahead of US Consumer Sentiment Data
27.1.2023
Bitcoin consolidated on Friday, as traders prepared for the release of the upcoming consumer sentiment figures from the United States. Following a move to a five-month high on Thursday, prices were once again below $23,000. Ethereum also slipped, moving below $1,600 in the process. Bitcoin Bitcoin...
$1.48B in Bitcoin options expire on Friday — Will BTC hold $22K?
25.1.2023
BTC price has started to correct, and with $1.48 billion in Bitcoin options expiring on Jan. 27, traders are watching to see if the price holds above $22,000
All Eyes on the Next Fed Meeting: Market Trajectories Hinge on Decision
21.1.2023
Equities, precious metals, and cryptocurrencies have been on a tear during the last three weeks of 2023, and all eyes are now focused on the next Federal Open Market Committee (FOMC) meeting, which is 11 days away. On Friday, Federal Reserve governor Christopher Waller said that he favors...
Objections Raised Over Appointment of Sullivan & Cromwell as Debtors’ Counsel for FTX
21.1.2023
On Friday, bankruptcy judge John Dorsey approved the law firm Sullivan & Cromwell (S&C) to be appointed as the debtors’ counsel for FTX, despite an objection from Daniel Friedberg, a former FTX US compliance officer. During a Zoom presentation, Friedberg claimed there was a conflict...
Former FTX President Launches New Crypto Venture, Raises $5 Million From Leading Investors
20.1.2023
Less than a week ago, Brett Harrison, the former president of FTX US, published a 49-part Twitter thread describing his side of the story when he worked for the disgraced co-founder of FTX, Sam Bankman-Fried (SBF). On Friday, Jan. 20, 2023, Harrison revealed that his new firm, Architect, has raised...
Biggest Movers: SOL Rebounds From Recent Losses, ATOM 5% Higher on Friday
20.1.2023
Cosmos raced higher for a second straight session, after recently snapping a four-day losing streak. Friday’s move saw the token move closer to a key resistance level of $12.50. Solana also moved higher earlier in the day, as price bounced from a key support point. Cosmos (ATOM) Cosmos...
Bitcoin, Ethereum Technical Analysis: BTC Back Above $21,000 Despite Genesis Bankruptcy
20.1.2023
Bitcoin crept back up to the $21,000 level on Friday, as volatility in the cryptocurrency market remained high. After falling by nearly 4% in Thursday’s session, the global market cap is up by 1.14% as of writing. This comes despite the news that crypto lender Genesis has recently filed...
Bitcoin price corrected, but bulls are positioned to profit in Friday’s $580M BTC options expiry
19.1.2023
Reduced inflationary pressure fueled crypto investors' appetite for risk markets, eliminating the possibility of bears profiting from the Jan. 20, $580 million Bitcoin options expiry
Treasury Secretary Yellen Urges Swift Action to Increase Spending Limit, Avert Default on US Obligations
14.1.2023
Janet Yellen, the U.S. secretary of the Treasury, sent a letter to Congress on Friday urging lawmakers to increase the spending limit. Yellen stressed that the country would reach its statutory debt limit on Jan. 19, 2023. She warned that “failure to meet the government’s obligations...
Bitmex Co-Founder Criticizes Former FTX CEO for Not Liquidating Hedge Fund Alameda
14.1.2023
The Bitmex co-founder, Arthur Hayes, criticized Sam Bankman-Fried, the disgraced FTX co-founder, on Friday after Bankman-Fried published his first blog post on his new Substack newsletter. “All this talk about what Alameda did is misdirection,” Hayes insisted. “It doesn’t matter how they hedged...
Metamask Launches Ethereum Staking Services via Lido and Rocketpool
14.1.2023
On Friday, the Web3 wallet firm Metamask, a subsidiary of the Ethereum-centric company Consensys, announced the beta launch of ethereum staking features will be made available via Lido’s or Rocketpool’s liquid staking services. Users who want to stake ethereum and earn staking rewards...
Biggest Movers: SHIB Hits 6-Week High, ETC Extends Recent Gains
13.1.2023
Shiba inu was one of Friday’s biggest gainers, as the meme coin raced to a six-week high. The move came as the global cryptocurrency market cap surged, as U.S. inflationary pressures continued to cool off. Ethereum classic was also in the green, with price hitting a two-month high. Shiba...
Bitcoin price rally to $18K possible as $275M in BTC options expire on Friday
11.1.2023
Bitcoin bulls aim to push BTC price to $18,000 and options data outlines clear reasons why
Bitcoin, Ethereum Technical Analysis: BTC Climbs Back Above $17K, Hitting 3-Week High
9.1.2023
Bitcoin rose to a three-week high on Jan. 9, as prices surged beyond the $17,000 mark to start the week. The move comes days ahead of the upcoming U.S. inflation figures, and as traders continue to react to Friday’s nonfarm payrolls (NFP). Ethereum was also higher, rising to a multi-week...
Bitcoin Hashrate Reaches All-Time High, Boost Could Lead to Record-Setting Difficulty Increase
7.1.2023
During the first week of the new year, Bitcoin’s hashrate reached an all-time high (ATH) on Jan. 6, 2023, at block height 770,709. The network recorded a milestone of around 361.20 exahash per second (EH/s) on Friday, jumping more than 4% higher than the previous record of 347.16 EH/s...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Surge to Start the Weekend, Following Friday’s Payrolls
7.1.2023
Bitcoin moved closer to the $17,000 level to start the weekend, as traders continued to react to the latest U.S. nonfarm payrolls data. December’s payrolls came in at 223,000, which was better than the 200,000 markets had expected. Ethereum was also higher on Saturday, with prices nearing...
Biggest Movers: DOGE, SHIB Surge to Multi-Week Highs on Thursday
5.1.2023
Dogecoin raced to a multi-week high on Jan. 5, as meme coins rose higher following recent days of consolidation. The coin climbed for a second straight session on Thursday, which comes ahead of Friday’s U.S. nonfarm payrolls numbers. Shiba inu was also in the green, after today’s gains. Dogecoin...
Bitcoin bears well positioned for Friday's $2.5 billion options expiry
28.12.2022
BTC bears are outnumbered based on open interest volume, but bulls' hopes of $20,000 before 2023 have already been hampered
Bitcoin bears well positioned for Friday's $2.5 billion options expiry
28.12.2022
BTC bears are outnumbered based on open interest volume, but bulls' hopes of $20,000 before 2023 have already been hampered
Biggest Movers: ADA, XRP Rebound From Recent Losses on Friday
23.12.2022
Cardano climbed for a second consecutive session on Dec. 23, as the token surged to its highest point since Monday. Overall, crypto prices were marginally higher as of writing, with the global market cap currently up 0.49%. Xrp, formerly known as ripple, also rose, with prices nearing a...