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Active addresses, entities, and transactions on the Bitcoin network are all moving sideways while the number of wallets holding at least some of the assets continues to reach new highs. Go to Source Powered by WPeMatico
According to the lead rates and regulatory strategy analyst at Duke Energy Corporation, the second-largest U.S. energy corporation is currently studying bitcoin mining. Lead analyst Justin Orkney said that a bitcoin demand response (DR) study was being worked on and the energy firm is partnered with bitcoin miners that are enrolled in Duke’s DR programs. … Read more
Bitcoin and altcoins have held their immediate support levels, suggesting the start of a relief rally in the short term. Go to Source Powered by WPeMatico
The holiday weekend is making everyone nervous as BTC price action hovers at $19,000. Go to Source Powered by WPeMatico
The host of Mad Money, Jim Cramer, claims that “With the immolation of crypto, the Fed’s job is almost complete.” He stressed that “one front in the war on inflation that’s been an outstanding total victory for the Fed” is the battle against financial speculation. Jim Cramer on Fed’s Policy, Inflation, Crypto Jim Cramer discussed … Read more
Traders are taking a hands-off approach to Bitcoin and altcoins until BTC successfully flips the $20,000 level back to support. Go to Source Powered by WPeMatico
More entities than ever are underwater at current prices, but there is little consensus over conditions improving yet. Go to Source Powered by WPeMatico
Market pundits anticipate the dollar rally to either stall or correct by the end of 2022, benefiting Bitcoin. Go to Source Powered by WPeMatico
Newbie crypto traders should be wary of bull traps. If you suspect one is on the way, here are some tips to identify it. Go to Source Powered by WPeMatico
The MVRV-Z Score is a tried and tested bottom indicator, but it is not back at base yet, one analyst warns. Go to Source Powered by WPeMatico