BTC price ignores US PCE data at $16.8K as Bitcoin rejects volatility
The latest U.S. economic data fails to induce volatility in an otherwise flat Bitcoin price playing field. Go to Source Powered by WPeMatico
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The latest U.S. economic data fails to induce volatility in an otherwise flat Bitcoin price playing field. Go to Source Powered by WPeMatico
Bitcoin remains the most-searched cryptocurrency in 2022 by far thanks to its top-brand status and being in a league of its own when it comes to decentralization. Go to Source Powered by WPeMatico
Ethereum edged closer to a key resistance level of $1,230 on Dec. 23, as markets continued to react to better than expected U.S. GDP data. Gross domestic product in the United States was revised higher to 3.2%, better than the 2.9% expected. Bitcoin mostly consolidated in today’s session, with prices trading near the $16,800 mark. … Read more
Bitcoin has never seen this particular “death cross” before in its life, one analyst notes as BTC price weakness continues. Go to Source Powered by WPeMatico
Analysts expect the bear market to loosen its grip in 2023. Here are five cryptocurrencies to keep an eye on. Go to Source Powered by WPeMatico
Cryptocurrency prices mostly consolidated on Thursday, ahead of upcoming GDP figures from the United States. Bitcoin remained close to the $17,000 level in today’s session, with the global market cap trading 0.01% lower as of writing. Ethereum was largely unchanged, as prices continued to trade above $1,200. Bitcoin Bitcoin (BTC) continued to consolidate ahead of … Read more
Paxful, a New York-based, peer-to-peer (P2P) cryptocurrency exchange, will drop Ethereum trading from its platform on Dec. 22. Ray Youssef, CEO of the company, cited different reasons for this decision, with increased centralization and the recent consensus mechanism pivot amongst them. Youssef also stated that tokens built on top of Ethereum have been primarily scams. … Read more
Bitcoin NVT signal data presents conflicting views of what might happen to the current BTC price range. Go to Source Powered by WPeMatico
On Dec. 19, the Twitter account Zachxbt revealed he discovered five cold wallets from the now-defunct Quadrigacx crypto exchange move 104 bitcoin. The following day, ‘big four’ accountancy firm EY, Quadrigacx’s bankruptcy court trustee, explained it did not authorize the spending of the funds and that prior reports detailed that the cold wallets were inaccessible … Read more
Bitcoin and select altcoins are showing signs of a possible recovery in the near term but higher levels may continue to attract sellers. Go to Source Powered by WPeMatico