Cryptocurrency Analysis and News Portal
Summary: Elon Musk’s lawyers are looking to push the lawsuit Twitter filed against him to February 2023. Twitter has been pushing for a speedy trial stating that it only needed four days to prove that Elon Musk should follow through with his agreement to buy the company at $44 billion. The judge handling
Read More
Summary: Crypto tokens continue to bleed as market uncertainty persists.Market leaders Bitcoin and Ethereum dipped over 15% on Monday.BTC is down more than 6% in the last 24 hours and trades below $23,000.Technical analyst MagicPoopCannon predicted a leg down for BTC to the $20K or $22K level. Another difficult week for the
Read More
On Monday, IRA Financial Trust, a platform providing self-directed digital asset retirement and pension accounts, filed a lawsuit against cryptocurrency exchange Gemini for alleged negligence in safeguarding customers' digital assets during a critical exploit. The firm's client accounts were held in Gemini's custody. On February 8, a breach led to
Read More
Bitcoin traders were monitoring the PCE Price index for signs of whether price increases are accelerating. Original Source
Read More
Another wave of crypto executives ponied up for GMI PAC last month as midterm elections approached. Source
Read More
Bitcoin (BTC) stayed the near top of its recent trading range on March 20 as the weekly close looked set to crack a multi-week high.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWeekly close could set 4-week highData from Cointelegraph Markets Pro and TradingView showed BTC/USD maneuvering around the upper $41,000 zone Sunday.Friday's
Read More
Recently, Argo and privately held Gem Mining both said the curtailing of operations to support community needs for extra power lowered their production in February, among other reasons. Meanwhile, seasonal energy curtailment programs in Quebec, Canada, also hampered the monthly bitcoin production for Canadian miner Bitfarms (BITF). “As planned, seasonal
Read More
So-called core inflation, which excludes volatile food and energy prices, rose 0.5% in February, slower than analysts' expectations. The core inflation rate was driven by increases in shelter prices as well as for recreation, household furnishings and airline fares. Source
Read More
Bitcoin traders were monitoring the report since the Federal Reserve's efforts to slow inflation appear to be putting downward pressure on the cryptocurrency's prices. Source
Read More
For the past year, bitcoin has shown a cyclicality that has been on a semi-regular basis. For most of last year, most months had finished in the positive with green candles dominating the market. However, while most of the months have been positive, there have been significant differences between the
Read More