Cryptocurrency Analysis and News Portal
Inflation concerns and a general sense of trepidation about the future of the global economy continue to put a damper on Bitcoin and altcoin prices and currently the Crypto Fear and Greed index is solidly in the ‘fear’ zone where it has been parked since the beginning of December. Crypto Fear
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LIVE COVERAGE: Tune into our live blog coverage by global policy and regulations managing editor Nikhilesh De.Digital assets will take center stage in front of Congress on Wednesday.The full House Financial Services Committee is set to meet this morning to discuss cryptocurrencies and stablecoins with Circle CEO Jeremy Allaire, FTX
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Christmas is just around the corner and Cardano founder Charles Hoskinson is already in the Christmas spirit. The founder went live on YouTube on Monday to do another surprise AMA where he answered questions from the community. As usual, Hoskinson responded to a number of questions from community members who
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We’ve argued many times in the past that the correlation between Bitcoin’s price and the market capitalization of hundreds of altcoins makes very little sense.Whether you buy into the idea that Bitcoin is digital gold, or a payment mechanism, or both, it doesn’t have a whole lot in common with
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Bitcoin price has now declined to $56k; does that mean a top is in? Or is this just a shakeout? Here’s what the SOPR indicator says about it. The Bitcoin SOPR Indicator The BTC Spent Output Profit Ratio (or SOPR in short) is an on-chain indicator that estimates whether investors are selling
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Bitcoin (BTC) bulls were euphoric when the price soared to $69,000 on Nov. 10 because the 14.5% gain accumulated over five days meant they were in for a $715 million profit on Nov. 12's options expiry.However, the 9% negative price move on Nov. 16 caught bulls by surprise, especially since
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Selecting a timeframe for technical analysis is always a tricky topic, but usually, the longer the trend, the higher the odds it shall prevail. For example, those analyzing the 3-day Bitcoin (BTC) chart will unarguably identify an ascending channel pattern that initiated in late June.Bitcoin price in USD on FTX.
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Bitcoin (BTC) traded just below $65,000 on Nov. 11 after an overnight correction canceled out previous snap gains.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“No free lunch” for speculatorsData from Cryptox Markets Pro and TradingView showed BTC/USD recovering after briefly dipping below $63,000 in fresh volatility.The pair had moved up sharply on
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The Navajo Nation’s Bitcoin story might be the most wholesome of the last few months. The mine isn’t only providing employment within the reservation, it’s helping them transition from providing coal-powered energy to renewables. Another case study that proves Bitcoin incentivizes and funds green energy. Another story of Bitcoin helping
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For instance, Martin Erhold, regulatory specialist at Bitpanda, said that even though legal certainty will likely attract institutional investment, overregulation could crowd out innovation and entrepreneurs. In addition to strict rules for crypto issuers, under MiCA, firms will have to register in the EU and bear the compliance costs or
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