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Data shows pro Bitcoin traders want to feel bullish, but the rally to $23K wasn’t enough

Bitcoin (BTC) price had a mixed reaction on Jan. 25 after the United States reported a 2.9% gross domestic product growth in the fourth quarter, slightly better than expected. Still, the sum of all goods and services commercialized between October and December grew less than 3.2% from the previous quarter.Albeit

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Bullish crypto traders maintain the upper hand despite the total market cap rejecting at $1T

The total crypto market capitalization soared by 29.4% in two weeks, although Bitcoin's (BTC) price stabilized near $21,000 on Jan. 19.As a result, it became increasingly difficult to justify that the 5-month-long bearish trend still prevails after the $930 billion total crypto channel top has been breached. Still, the psychological

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Bitcoin price strength intensifies as risk-loving traders bring volume back to the crypto market

The beginning of 2023 has provided Bitcoin (BTC) with bullish indicators and the rally to a year-to-date high at $21,647 has crypto traders hopeful that the worst part of the bear market has ended. The surge effect of BTC’s bullish price action is also carrying over to Ether (ETH) and

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Hong Kong watchdog aims to restrict retail traders to liquid products

When the new licensing program that is scheduled to take off in June arrives, retail traders in Hong Kong will be limited to “highly-liquid” digital assets, according to the new CEO of Hong Kong's Securities and Futures Commission (SFC), Julia Leung Fung-yee.At the recent Asia Financial Forum, Leung reportedly pointed

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Bitcoin price taps $17.5K as traders in ‘disbelief’ doubt crypto rally

Bitcoin (BTC) staged a brief but promising return to $17,500 overnight on Jan. 11 as newfound strength lingered.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewBitcoin fails to win over skeptical tradersData from Cryptox Markets Pro and TradingView showed BTC/USD hitting new local highs of $17,504 on Bitstamp.Almost tying with the peak

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