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Bitcoin Price Prediction – Can BTC Pump Again?
31.10.2022
During the European session, Bitcoin price is trading choppy near $20,350, struggling below the 61.8% Fibonacci retracement level of $21,000. The buyer-seller tug of war continues ahead of the FOMC and Fed Fund rate decision on November 2. As a result, it keeps volatility in check.
The...
Crypto Prices Could Pump This Week as Federal Reserve Interest Rate Decision Approaches
31.10.2022
Prices of major crypto assets could pump hard this week if the Federal Reserve in the US even hints at slowing the pace of rate increases later this year.
The expectation that markets could rally this week leading up to – and potentially following – the Fed’s rate announcement on Wednesday...
S Korean Prosecutors Arrest Exec Suspected of Destroying Evidence at Bithumb ‘Affiliate’
31.10.2022
South Korean law enforcers have arrested an executive at one of the crypto exchange Bithumb’s affiliate companies. The executive was charged with destroying evidence prior to an onsite probe earlier this month.
The development comes as MPs and prosecutors attempt to unravel the mysteries...
Vitalik Buterin’s Ethereum And BudBlockz Are Going To Outperform Bitcoin In 2023
31.10.2022
The primary objective of decentralized finance, often known as DeFi, is to facilitate the acquisition, exchange, and trading of digital assets. However, this isn’t particularly appealing in its current state, and there are moments when it needs to be simplified for regular users. Investors...
MPs Set to Vote on Mining Bill That Would Let Russians Pay Cross-border with Crypto
31.10.2022
Source: FedotovAnatoly/Adobe
A top Russian politician has said that a crypto mining regulation bill has been submitted to parliament – and that the bill would also allow Russians to use crypto “as a means of payment” outside the country. Moscow has previously banned the use of crypto...
Whales’ fluctuating interest pushes crypto into a state of flux
31.10.2022
Bitcoin and other major cryptocurrencies have decreased their price in the crypto world. It is observed that since 2021, the crypto whales have been dumping their Bitcoin holdings. According to analysts, crypto whales are dumping Bitcoin, whereas retail investors are grabbing BTC tokens. Nothing...
Bitcoin Price and Ethereum Prediction – BTC Braces for 10% Pump to $23,000
30.10.2022
During the Asian session, the Bitcoin price is trading bearish, near $20,916 after bouncing off the $20,000 support level. Similarly, Ethereum has risen more than 2% to $1,637 and is en route to the 78.6% Fibonacci retracement level.
Early on October 30, major cryptocurrencies were trading in...
Bitcoin Price and Ethereum Prediction – Breakout This Level Could Pump BTC by 10% Today
29.10.2022
The Bitcoin price is trading bearish near $20,600 during the Asian session, having bounced off the $20,000 support level. Similarly, Ethereum has gained over 4% to $1,585 and is heading north toward the 78.6% Fibonacci retracement level.
Early on October 29, major cryptocurrencies were trading...
Leading Public Bitcoin Miner Core Scientific to File for Bankruptcy
28.10.2022
The major publicly listed Bitcoin (BTC) mining company Core Scientific has admitted it could run out of money by the end of the year, and that bankruptcy is a possibility.
The company’s liquidity position has taken a major hit this year, as prices of Bitcoin have plummeted from a peak of around...
South Korean Public Official ‘Used Bribes to Buy Crypto,’ Police Claim
28.10.2022
Yet another South Korean government worker appears to have used ill-gotten gains to fund their crypto cravings: After reports that a public official fled abroad with $2.8 million worth of stolen public funds that has been converted to crypto, it has emerged that another former official may have...
Bitcoin Price Prediction as BTC Prepares For 30% Move Up
28.10.2022
During the European session, Bitcoin is trading slightly bearish amid a bearish correction after completing a 61.8% Fibonacci retracement at the $21,000 level. After reaching its greatest levels in six weeks on October 28, the leading cryptocurrency lost roughly $800, or 2%.
At press time...
Bitcoin gains 6% in a week; Is it a dead cat bounce?
28.10.2022
The price of Bitcoin, Ethereum, and Dogecoin have shot up in the last few days because of positive sentiment regarding Elon Musk buying the Twitter stake. Bitcoin has seen an outflow in the last few months, and many retail investors are also worried about the Proof of Work consensus, especially...
CFTC Commissioner Compares Crypto Market Crash to 2008 Global Financial Crisis – More Regulation Coming?
28.10.2022
The current crypto market downturn is comparable to the 2008 global financial crisis, and more regulatory oversight is needed, according to Christy Goldsmith Romero, commissioner of the Commodity Futures Trading Commission (CFTC)....
Read More: CFTC Commissioner Compares Crypto Market Crash to 2008...
Venezuela’s Most Expensive House Put up for Sale at $20m, Owner Will Accept Crypto
28.10.2022
Venezuela’s most expensive house has been put up for sale – and its vendor is willing to accept payment in crypto. Tokens are widely accepted as a form of payment throughout the Latin American nation, but the sale of the $20 million property would be a major landmark for crypto adoption in...
Bitcoin Price and Ethereum Prediction – BTC Can Pump 10% Above This Level Today
28.10.2022
During the Asian session, the Bitcoin price is trading bearish at $20,244 after getting rejected at the $21,000 resistance zone. Likewise, Ethereum has completed a 61.8% Fibonacci retracement at $1,550 and is now heading lower, losing more than 3% in the last 24 hours to trade at $1,504.
Major...
Bitcoin Price Prediction as BTC Pumps Past $20,500 – Where is it Going Next?
27.10.2022
During the European session, Bitcoin remained bullish, having gained less than 0.5% in the last 24 hours to trade at $20,600. Although October is usually a positive month for Bitcoin, the slow start to the month and continuation into the last week of the month eventually triggered an upward...
Google Hints Crypto Bear Market is Negatively Affecting Ad Revenue
27.10.2022
Google saw advertiser pullback in financial services, including the cryptocurrency subcategory, according to the latest earnings call from Google’s parent company, Alphabet.
Alphabet’s revenue from Google advertising dropped in the third quarter of this year, said Philipp Schindler, SVP and CBO...
S Korean Gov’t Worker ‘Embezzled Public Funds and Escaped with $2.8m in Crypto’
27.10.2022
A missing South Korean government worker is thought to be on the run with $2.8 million worth of public funds stolen from the country’s National Health Insurance Service (NHIS) – and the suspect appears to have converted most or all of the money to crypto....
Read More: S Korean Gov’t Worker...
Bitcoin Price and Ethereum Prediction – Break Above This Level Could Propel Uptrend to $22,500
27.10.2022
During the Asian session, the Bitcoin price's bullish streak continues, and BTC has soared over 2% to $20,735. In contrast, Ethereum is on a tear, rising more than 5% in the last 24 hours to trade at $1,560.
Major cryptocurrencies were trading in the green early on October 27 as the global crypto...
Crypto News Summary: BitOasis Partners With Mastercard, Gate.io Signs MoU With Busan, Seba Launches Custody Platform for NFT Storage
26.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: BitOasis Partners With Mastercard, Gate.io Signs MoU With Busan, Seba Launches Custody Platform...