Bitcoin price due sub-$20K dip, traders warn amid claim miners ‘capitulating’
Miners may hit pause on the good times for BTC price action, one theory believes, as the weekend promises support tests. Go to Source Powered by WPeMatico
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3 striking similarities with past Bitcoin price bottoms — But there’s a catch
The fundamentals accompanying the previous Bitcoin bear markets are entirely different from 2022, however, putting the BTC price recovery at risk. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: ETH Falls Below $1,500 — Market Momentum Remains Bullish
Ethereum dropped below $1,500 on Friday, as cryptocurrency markets fell following earlier gains in the week. Bitcoin was also in the red in today’s session, as the token moved closer to a breakout below $20,000. Overall, the global crypto market cap is down 1.90% as of writing. Bitcoin Bitcoin (BTC) fell lower for a second … Read more
Ethereum sets record ETH short liquidations wiping out $500 billion in 2 days
New all-time highs in short liquidations — at least when measured in dollars — point to overly bearish market sentiment. Go to Source Powered by WPeMatico
Bitcoin weak hands ‘mostly gone’ as BTC ignores Amazon, Meta stock dip
Huge tech stock losses, mostly occurring after the Wall Street close, fail to show up in Bitcoin price weakness. Go to Source Powered by WPeMatico
Study Finds Nearly 60% of Hong Kong and Singapore’s Super Rich Have Invested in Digital Assets
According to a study jointly published by KPMG China and Aspen Digital, about 58% of Singapore and Hong Kong’s family offices and high-net-worth individuals have invested in digital assets. Reports suggest the info shows the crypto market downturn has not diminished the super-rich’s interest in digital assets, and is unlikely to dissuade them from increasing … Read more
Costa Rica Might Be the Next Country to Establish Bitcoin as Regulated Currency
Costa Rica could be one of the next countries to adopt bitcoin as a regulated payment method. This week, Congresswoman Johana Obando introduced a bill to allow bitcoin and other cryptocurrencies to serve as a form of payment. The bill also proposes that traditional banking institutions be able to serve as crypto exchanges, including custody … Read more
Google Launches Blockchain Node Engine, Says ‘Ethereum Will Be the First Blockchain Supported’
After revealing Alphabet Inc.’s Google Cloud partnership with Coinbase, the multinational technology conglomerate holding company has announced the firm’s “Google Cloud Blockchain Node Engine.” While more blockchains will be supported, Google said that “Ethereum will be the first blockchain supported by Blockchain Node Engine.” Google Launches Cloud-Based Blockchain Node Engine Alphabet Inc., otherwise known as … Read more
Bitcoin and Ethereum Prices Test Support as Crypto Market Rebounds
After yesterday’s bull run, where Bitcoin and Ethereum saw substantial price growth, today’s markets are testing support levels. Trading volume for BTC and ETH is also down by an average of 30% in the past 24 hours, signaling that cryptocurrencies are taking a break this Thursday. Let’s look at relevant crypto and global news affecting … Read more
Bitcoin is cooling its rally — Here are the BTC price levels to watch next
Bulls have a lot of work left to do, say Bitcoin analysts as consolidation enters for BTC price. Go to Source Powered by WPeMatico