Major financial services firm PWC has conducted a study and found that the majority of crypto fund managers surveyed believe that the price of bitcoin would be between $75K and $100K by the end of this year.
Bitcoin’s Price Estimate by Crypto Fund Managers
PWC, a Big Four accounting firm, published Read More
While the CFTC may oversee the most market share, because it would have authority over the trading of the largest cryptocurrencies such as bitcoin (BTC) and ether (ETH), the SEC would have the “sheer numbers,” Lummis said, including the crypto efforts she said would “be the larger perpetrators of fraud.”
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Ethereum is back on another winning streak as it breaks above $1,900. This follows a weekend that was mostly characterized by low momentum but would eventually turn for the better. In the wake of this, there have been a lot of short liquidations in the market due to the recovery. Read More
Arthur Hayes, the youngest crypto billionaire of American Africa and the former CEO and co-founder of the derivatives platform BitMEX, predicted Ethereum could hit $10,000 by the end of 2022. Notably, Hayes once speculated a downtrend in Ethereum’s price in an April blog post that came true.
He further urged that Read More
The crypto market has been subject to large liquidation following the price crash. Coming out of the weekend, the market had recorded one of its worst crashes which saw bitcoin fall below the $30,000 territory for the first time this year. With this had come hundreds of millions in short Read More
Bitcoin on-chain data shows exchanges this week have observed the largest inflows since July 2021, taking the price of the crypto to $33k.
Bitcoin Exchange Inflows Spike Up To Highest Value Since July 2021
As pointed out by an analyst in a CryptoQuant post, the BTC exchange inflows have observed a sharp Read More
The number of Bitcoin whales is rapidly decreasing to levels not seen since earlier this year, possibly due to the three-month high of coin inflows to centralized exchanges (CEXs).Bitcoin (BTC) market tracker Glassnode has issued several bearish indicators for the largest cryptocurrency by market cap, including data suggesting a market Read More
Solana and Moonbirds came to the rescue of the bearish nonfungible token market in April after a six-week cooldown phase.According to DappRadar’s monthly report, the NFT market recorded a multimonth trading volume high of $6.5 billion in April, surging 23% from March and breaching the $6 billion mark for only Read More
"Musk's acquisition of Twitter, which has played a key role in crypto discourse and has adopted the asset class, has spurred speculation about possible implications," crypto derivatives firm FRNT Financial's daily newsletter dated April 26 said. "For example, a number of DOGE-related profiles have circulated an exchange on Twitter where Read More
On-chain data shows the Bitcoin monthly outflows have recently reached values only seen a few times before in the crypto’s entire history.
Bitcoin Exchange Outflows Now Have A Value Of 96.2k BTC Per Month
According to the latest weekly report from Glassnode, a historically high amount of BTC has exited all exchange Read More