Bitcoin enthusiasts have several reasons to cheer July 4 sessions. On-chain stats show the worst could be over for BTC (according to celebrated researchers). Moreover, the bellwether crypto saw noted bullish surges since July 3, translating to a lucrative start to July. Renewed BTC Optimism on Charts Bitcoin fans have reasons to cheer positive reactions … Read more
BTC launched new leg downs beneath $21K and $20.5K. It trades beneath $20.5K and the 100 hourly SMA. Moreover, the BTC/USD 1hr chart shows a massive bearish line developing with $20,820 as resistance. A decisive move beneath $20K would see accelerated plummets, exploring new lows for the month. Bitcoin has been struggling beneath the $21K … Read more
The leading crypto exchange is unlikely to pause withdrawals but remains susceptible to one concerning trend. Coinbase Global saw its shares on a sharp plummet on Monday, opening 21% down from the Friday close and trading 14% lower today. The cryptocurrency spectrum struggled over the weekend, and market players often use Coinbase to gauge sentiment … Read more
The cryptocurrency lender Celsius halted customer swaps and withdrawals on Sunday night due to liquidity issues. CEL token responded with a massive price crash. Crypto lender Celsius declared a sudden pause of customer swaps, transfers, and withdrawals (on Sunday night) when the crypto market endured freefalls. The company posted on Medium about taking action to … Read more
It’s another bloodbath in the Satoshi streets. The cryptocurrency world saw more pain over the previous 24 hours, with Bitcoin crashing to explore monthly lows beyond the $27,000 mark. Meanwhile, the altcoin market suffered more. For instance, Ethereum lost the $1,500 mark to explore its 2018 ATHs. BTC Down Again The leading crypto began gradual … Read more
Due to the downward trend in the crypto market, several investors have sold their crypto holdings. Many crypto holders converted their digital currencies to stablecoins such as USDT. Since the price of most stablecoins is pegged to the dollar, it may offer some stability. Also, over 1 trillion dollars was lost in the current bearish … Read more
On the 21st of May, Republicans in the U.S. House of Rep released a new bill that would restrict the Department of Labor from curtailing the investment options that are available to employees in retirement accounts. In addition, the bill would make it possible for citizens of the United States to incorporate BTC in the … Read more
Satoshi Nakamoto developed BTC to function as a decentralized substitute for the existing centralized financial system. However, the CEO of FTX, Sam Bankman-Fried, stated that he does not believe Bitcoin will ever become a viable payments network. Sam Bankman-Fried States Bitcoin Is Inefficient And Can’t Be Used On Large Scale In an interview with Financial … Read more
BTC is enjoying a dead cat bounce following its worst drop of the year. Bitcoin is currently trading at $30.5K, up from this week’s low of $25.3K. It has dropped drastically from its ATH of about $70K. So, how long will this recovery last? BTC’s Comeback The Bitcoin price has risen as speculators hurry to … Read more
In a recent announcement, the German Ministry of Finance said that private persons would not be required to pay tax when selling Bitcoin or Ethereum if they have owned either asset for more than one year. The rules regarding cryptocurrencies have undergone specific revisions thanks to the work of the German Ministry of Finance. The … Read more
