US inflation data will be ‘messy’ — 5 things to know in Bitcoin this week
A potent combination of CPI figures and more make for a problematic week as Bitcoin price struggles. Go to Source Powered by WPeMatico
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Top 5 cryptocurrencies to watch this week: BTC, UNI, ICP, AAVE, QNT
Bitcoin is trending toward a retest of its lower support and if this happens, UNI, ICP, AAVE and QNT could breakout to the upside. Go to Source Powered by WPeMatico
Despite the Price Drop, Number of Bitcoin Held on Exchanges Continues to Slide
Roughly 49 days ago, the number of bitcoin held on exchange was around 2.503 million, according to statistics recorded by cryptoquant.com. Since then, $4.76 billion worth of bitcoin has been removed from centralized crypto exchanges, as there’s 2.275 million held on trading platforms today. Glassnode reported on July 5, that despite bitcoin’s “weak price-action through … Read more
Bitcoin eyes best weekly gains in 3 months as BTC price slips below $21K
BTC price performance is just about on course to cap its biggest advance since March on the weekly chart, but anything could happen before the close. Go to Source Powered by WPeMatico
70 to 90% Down — Crypto Economy’s Decline Shakes Out $2 Trillion in 8 Months
During the past eight months, crypto assets have shed enormous value against fiat currencies like the U.S. dollar. Bitcoin has shed 69% since the leading crypto asset’s all-time high on November 10, 2021, when the digital currency’s value tapped $69K per unit. The crypto economy has seen some healing as the market capitalization of all … Read more
BTC bull Michael Saylor: Ethereum is ‘obviously’ a security
The MicroStrategy CEO argued that ETH is a security as it was issued via an ICO and its network has had many fundamental changes over the years. Go to Source Powered by WPeMatico
Trend Forecaster Gerald Celente Says World War 3 Has Begun — ‘If the People Don’t Unite for Peace, We Are Finished’
This week Bitcoin.com News spoke with Gerald Celente, the popular trends forecaster, and publisher of the Trends Journal. During a telephone conversation, Celente discussed the uncertainty surrounding the global economy after governments worldwide locked down the world’s citizens over the Covid-19 pandemic, shut down businesses and injected trillions into the economy. The discussion touches upon … Read more
Crypto Bear Market Turning Around? Bitcoin Price Holds Above $21K, Ethereum Price Pumps Over 15% This Week
With cryptocurrency prices showing significant bullish momentum this week, the question on everyone’s mind is whether or not the seventh-month-long bear market is coming to an end? Bitcoin is up over 12% this week, trading at $21.6k, while ETH is up over 15.49% in the past seven days. The global crypto market cap is at … Read more
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate on Saturday, Following Recent Gains
Bitcoin was marginally higher to start the weekend, as bulls were able to fight through Friday’s volatility. Prices of the world’s largest token rose above $22,000 earlier in the session, whilst ETH continues to trade above $1,200. Bitcoin BTC was trading marginally in the green on Saturday, as prices of the token rose above $22,000 … Read more
Bitcoin ‘cheap’ at $20K as BTC price to wallet ratio mimics 2013
Fidelity Investments’ Jurrien Timmer stays upbeat on Bitcoin network strength, while another commentator flags a “compelling” risk/reward ratio at $20,000. Go to Source Powered by WPeMatico