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Terra Backers Buy $200M in AVAX Tokens, Bolstering Crypto Reserves Beyond BTC
7.4.2022
The Luna Foundation Guard bought $100 million in AVAX with UST stablecoins. Terraform Labs swapped an additional $100 million in LUNA for the same value in AVAX
Could the Government Confiscate Gold Again? A Look at Today’s ‘Emergencies’ and Revisiting Executive Order 6102
7.4.2022
This past Tuesday, April 5, was the 89th anniversary of Executive Order 6102 when the U.S. government would strictly “forbid the hoarding of gold coin, gold bullion, and gold certificates within the continental United States.” While the global economy seems to be heading toward...
Bitcoin sentiment falls into 'fear' as BTC price action hits $42.9K breakdown target
7.4.2022
Little market celebration accompanies the start of the Bitcoin 2022 conference as macro fears seep into sentiment
Bitcoin, Ethereum Technical Analysis: ETH, BTC Both Near 2-Week Lows Following Recent Declines
7.4.2022
BTC and ETH were once again lower during today’s trading session, as both were trading close to two-week lows. Bitcoin dropped below $43,000 for the first time since March 24, while ETH hit a bottom near $3,100 on Thursday. Bitcoin Bitcoin continued trading lower on Thursday, as...
Positive News for Two Biggest Cryptos: Hope Sparked for Spot BTC ETFs; Goldman Sachs' ETH-Based Options Contracts
7.4.2022
There's some positive news for the two biggest cryptoassets in the world. The approval of a new bitcoin (BTC) futures-backed exchange-traded fund (ETF) by the US Securities and Exchange Commission (SEC) has again sparked hope that a spot-based bitcoin ETF could come next. Meanwhile, investment...
Bitcoin and Ethereum Trim Losses But Recovery Could Face Hurdles
7.4.2022
Bitcoin price spiked below the USD 43,000 level before recovering. BTC is currently (11:46 UTC) consolidating near USD 48,000 level. If there is an upside correction, the price could face resistance near USD 44,000.
Similarly, most major altcoins might struggle to recover losses. ETH might face...
Grayscale CEO pleads Bitcoin spot ETF as SEC backs third BTC Futures ETF
7.4.2022
U.S. Securities and Exchange Commission has approved another Bitcoin futures ETF; could this mean a spot ETF is on its way?
Bitcoin bulls may have to wait until 2024 for next BTC price 'rocket stage'
7.4.2022
Historical data calculates Bitcoin's next 10X price surge only in two years' time, but analyst Peter Brandt is not convinced
Bitpay Adds Lightning Network, Youth Fashion Brand Pacsun to Accept Payments via Lightning
7.4.2022
On April 6, one of the largest cryptocurrency payment platforms in the world, Bitpay, announced the Atlanta-based company has integrated bitcoin payments via the Lightning Network. According to the announcement on Wednesday, the youth-focused American retail clothing brand Pacific Sunwear (Pacsun)...
Bitcoin and Ethereum Gain Bearish Momentum, Altcoins in Red
7.4.2022
Bitcoin price remained in a bearish zone and declined below the USD 43,500 support. It is currently (04:07 UTC) down over 4% and is trading near USD 43,300.
Besides, most major altcoins are gaining bearish momentum. ETH is down almost 5% and there was a move below the USD 3,200 support....
Research Shows 19% of Bitcoin’s Hashrate Is Managed by Publicly Listed Companies
6.4.2022
According to findings stemming from a report published by Arcane Research, Bitcoin’s hashrate is steadily going public as an increasing share is deployed by publicly listed companies. Current data shows that the publicly listed miners’ share of Bitcoin’s hashrate is roughly...
Price analysis 4/6: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE
6.4.2022
BTC and select altcoins dropped far below their strong support levels, a clear sign that the recent bullish momentum has weakened
Luna Foundation Purchases 5,040 BTC, Terra Reserves Rise to 35,767 Bitcoin
6.4.2022
On April 6, onchain data shows the Luna Foundation Guard’s (LFG) bitcoin wallet has added 5,040 bitcoin to its reserves. The added funds were worth roughly $221 million at the time of settlement. LFG managed to purchase the bitcoins while bitcoin lost 3.9% against the U.S. dollar during...
Bitcoin price drops to $43.5K, but data and BTC’s market structure project strength
6.4.2022
BTC price took a sharp tumble below a key support level, but data shows April 6’s dip could be another buying opportunity for bulls
Bitcoin slides below $44K in April first as trader warns 'something is off' with BTC
6.4.2022
All is not going to plan for bulls, warnings say, as $44,000 support hangs in the balance
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $45,000 Ahead of FOMC Minutes, ETH Extends Recent Losses
6.4.2022
Bitcoin fell below the $45,000 level on Wednesday, as the selloff in crypto markets extended, following strong gains last week. ETH was also down in the session, slipping to a five-day low in the process. Overall, the global crypto market cap fell by 4% as of writing. Bitcoin BTC fell below $45,000...
Bitcoin Drops Despite New Terra’s BTC Purchase, Ethereum Dives Even More
6.4.2022
Bitcoin price spiked below USD 45,000 and is currently (11:30 UTC) consolidating losses near USD 44,900. A close below USD 45,000 might start another decline in the near term. The price is now down almost 4% in a day.
Besides, most major altcoins are trading in the red zone. ETH might gain...
Terra LFG outdoes MicroStrategy with 5K BTC buy after Bitcoin price dips under $45K
6.4.2022
Price action is struggling, giving Terra and Do Kwon the perfect opportunity to "buy the dip."
Bitcoin and Ethereum Reverse Gains, DOGE Outperforms
6.4.2022
Bitcoin price struggled to stay above the USD 47,000 pivot level. BTC started a fresh decline and traded below the USD 46,000 support. It is currently (04:07 UTC) down over 3% and is trading near USD 45,200.
Besides, most major altcoins are also showing bearish signs. ETH is down over 5%...
Marathon Digital moves Montana BTC mine to pursue carbon neutrality
6.4.2022
The Bitcoin miner’s push to make its facilities run on clean energy reflects a push in the industry for all mining operations to do the same, or to at least use flexible facilities