The going has not been good enough in the last few days for the world’s leading cryptocurrency, Bitcoin, as the on-chain activity data shows consistent losses for holders, making them more likely to dump their tokens to buyers. According to cryptocurrency and blockchain analysis firm, Glassnode, there is a chance of a bearish market trend … Read more
There appear to be challenging days ahead for cryptocurrency investors as they strategize ahead of an impending rate hike, according to renowned analytics firm Glassnode. The analysis released by Glassnode shows investors in the Bitcoin blockchain hedging out to keep them afloat and secure against the imminent hike in interest rates to be carried out … Read more
Ark Invest, one of the leading analysts in the crypto investment space, declared that the recent boom in non-fungible tokens might have a negative symbiotic effect on cryptocurrencies as NFTs are a high risk and illiquid asset class. Though there are many market speculations that NFTs great market value and price at the moment, which … Read more
The pseudonymous crypto analyst and trader that accurately predicted Bitcoin’s dump, down to the dollar in 2018 has aired a new 2022 bullish prediction for Bitcoin. The pseudonymous crypto analyst answers to the Smart contractor username on Twitter. He has now predicted that Bitcoin will feature new record highs down the road in 2022. His … Read more
In line with Monday’s analysts’ predictions for Bitcoin’s price action should it fall below $40,000, Bitcoin is now gearing up for a short-term Bullish reversal from the five-month all-time low of $39,000 it hit yesterday on Tuesday. In the early hours of Monday, analysts predictions leverages on Bitcoin’s price chart small moving average (SMA) indicator … Read more
The Bitcoin Lightning Network has not been able to gather the attention from the masses that it deserves. As per the latest articles authored by Peter St Onge, it is the future of fintech and the next big innovation since the internet. Peter St Onge has a doctorate in Economics from George Mason University and … Read more
According to the latest on-chain data, which is collected regarding Bitcoin mining, it shows that miners are actively accumulating Bitcoin at the moment, which hints at strong market mobility and acceleration moving forward into the future. It is a regular event that is known as Bitcoin halving, and it takes place every four years where … Read more
The Vice President of Legal affairs for Grayscale, Craig Salm, has recently told media that the legal team is currently bargaining with SEC on the matter of spot ETFs tied to Bitcoin. It is worth noting that after the newly appointed SEC Chief, Gary Gensler, greenlit the conditioned Bitcoin ETFs, three applicants were able to … Read more
The flagship cryptocurrency was reduced to the lowest price in months in the aftermath of the latest COVID variant scare. However, technical analysts claim that bullish sentiment is developing for the top coin based on several indicators. The independent crypto market analyst Michael Van De Poppe recently shared that owning to the boost in sentiment … Read more
Speaking to the media, IRS Chief, Jim Lee, claimed that the federal regulator is going to confiscate billions of dollars from the cryptocurrency market and traders in 2022. Commenting on the matter of crypto regulation, he claimed that 2021 was a great year for the organization. Chief Lee told Bloomberg Crypto that during the ongoing … Read more
