Virtual assets in China can be legally used to settle basic relations debts such as exchange and labor, despite the nation’s ban on cryptocurrency transactions, the Supreme People’s Court of China declared in a conference earlier this year. See related article: China should reconsider its ban on cryptocurrencies, says former central bank official Fast facts The […]
BTC price targets are reaching past the recent 10-month highs with Bitcoin bulls emboldened by First Republic losses. Bitcoin tagged $30,000 into the April 26 Wall Street open as bulls gained further momentum from United States banking woes. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Hayes: “Uncertainty” driving BTC price, gold Data from Cointelegraph Markets Pro and TradingView followed as […]
The price of Bitcoin has bounced upwards as First Republic Bank deposit slump sparks fresh banking crisis fears in the United States. The price of Bitcoin (BTC) spiked more than 3% in the last 24 hours as fears were sparked of another possible imminent bank failure as First Republic Bank (FRC) shares closed down more […]
The Bitcoin mining boom
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Bitcoin difficulty and hash rate stop at nothing in their quest to surge to new levels never seen before. Bitcoin may be struggling at $30,000, but under the hood, all-time highs of a different kind keep coming. The latest data shows that Bitcoin network fundamentals — difficulty and hash rate — will hit new records this […]
BTC price dives 3% in minutes
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BTC price returns to $29,000 with a cascade of long liquidations fueling fresh Bitcoin downside. Bitcoin abruptly reversed gains on April 19 as a cascade of long liquidations sent BTC/USD plummeting lower. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin sees “beautiful” retracement Data from Cointelegraph Markets Pro and TradingView followed the pair as it made lows of $29,015 on […]
The analytics firm backed up its prediction, stating only 253 validators have signed up to fully exit their staked Ether position. Just 170,000 Ether of the total 18.1 million ETH staked on the Beacon Chain will be unlocked within the first week of the Shanghai hard fork being executed on Ethereum, Glassnode has predicted. The figure comprises 100,000 […]
Ether has broken the $1,900 resistance level for the first time in months and is currently sitting above $1,911. Ether has breached $1,900 for the first time in over seven months, a week before staking withdrawals are enabled in the next major update for the second-largest cryptocurrency by market capitalization. CoinMarketCap data shows the last time Ether was […]
$4.2 billion in BTC options expire on March 31, and despite weeks of harsh regulatory action against the crypto sector, bulls are well positioned to profit. Regulation continues to be the primary concern for Bitcoin bulls, especially after the Commodity Futures Trading Commission (CFTC) sued Binance for trading and derivatives law violations. The regulator wants […]
BTC price action is copying historical patterns to deliver a classic Bitcoin bull market comeback, says Rekt Capital. Bitcoin has a matter of days to go before beginning a new macro uptrend, the latest analysis says. In his latest tweet, popular trader and analyst Rekt Capital flagged a key monthly close in the making for BTC/USD. BTC […]
The power of trading bots
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Trading bots are automated programs that help traders execute trades on cryptocurrency exchanges Statistics indicate that only 5 per cent of total trades are profitable Trading bots have gained popularity in the crypto world because of the volatility of cryptocurrency markets and the potential for profit Crypto trading bots are software programs that monitor market […]
Bitcoin hits new 9-month highs
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Bitcoin price action targets $28,500 with “all classes” buying BTC, but the odds of the Fed pausing rate hikes are decreasing by the hour. Bitcoin headed to new nine-month highs after the March 21 Wall Street open as a crucial Federal Reserve interest rate decision loomed. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin price climbs […]
Sentiment toward the crypto market is the most positive its been since around the time Bitcoin hit its all-time high almost 16 months ago. The Crypto Fear and Greed Index has hit its highest index score this year, reaching levels not seen since Bitcoin posted its all-time high in November 2021. A March 20 update of the Index […]
