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Dear Members, It has come to our attention that our Telegram group has been compromised by hackers. To ensure the safety and security of all members, we kindly request everyone…
SEC Chair Gensler claims “legislation is unnecessary”
Securities and Exchange Commission (SEC) has been eyeing crypto for a while and is now preparing to address it. The agency intends to claim absolute control over the space in…
Death Cross continues to hang over Bitcoin
Market Picture Bitcoin fell 5.2% last week to close at $22,400. Ethereum lost 4.4% to $1570. Other leading altcoins in the top 10 fell between 2.9% (XRP) and 11.5% (Polygon).…
Silvergate triggered a crypto sell-off
Market picture Bitcoin plunged more than 6% to $22.0K early this morning. The plunge into this area came as a market reaction to the potential bankruptcy of Silvergate. The news…
Bitcoin Price Forecast 2023: A roadmap and nine predictions for BTC
Quite a few things happened in 2022, so let’s quickly recap three main events that caused Bitcoin (BTC) price to nosedive during the year. These are the three main events…
Fed has paused the BTC rebound
Market picture Bitcoin updated five-week highs above $18,300 on Wednesday but then fell along with stock indices amid the Fed’s intention to raise rates higher and hold them longer than…
Bitcoin price witnesses 44% increase of deposits to all exchanges in November
Bitcoin price a countertrend move just before November’s auction finalized. Still, on-chain metrics suggest the downtrend is not yet over. Bitcoin price deposits rise 44% during November Bitcoin price is…
The Crypto market prepares to take another step down
Crypto Market picture Bitcoin moved between $16.3K and $17.0K on Wednesday and is changing hands Thursday morning closer to the lower bound of yesterday’s range. Some pressure on crypto comes…
Profit-taking of a crypto mini-rally
Bitcoin is correcting after touching the $20.8K area, but the price above previous local highs and the 50-day moving average. Market picture Bitcoin has regained some of the positions gained…
Bitcoin needs a fundamental reason to rise
Bitcoin was down 1.7 per cent on Wednesday, ending the day at around $20K amid a retreat in stock indices and a stronger USD. BTC corrected downwards after a two-day…
What It Means to Buy the Dip in Cryptocurrency
Here’s what you need to know about using such a strategy in the crypto realm. Buying the dip is a proven strategy in the investing sector, from the stock market…
Bitcoin’s depressing technical picture
The local technical picture in BTCUSD looks quite worrying. Market picture Bitcoin is down 8.8% over the past week, ending near $19,700. The losses continued to pile up on Monday,…
Ethereum fights for the trend
The upcoming move to proof-of-stake creates a speculative component to Ethereum’s dynamics. Market picture Bitcoin has stopped falling but has still not managed to gain strength to rise, remaining near…
The third wave of a crypto bear market
Bitcoin has been “going down the ladder” roughly as it did in April and May, albeit in less broad steps. Bitcoin is down 7.3% over the past week, falling below…
Crypto market’s fragile stability
Unlike stock indices, Bitcoin has not fallen but has appeared as if it is disconnected from the market. Market picture Bitcoin has added 2% in the past 24 hours to…
The endgame of central bank digital currencies is the Surveillance state
Colombia floats shifting to a digital currency You either die a hero or you live long enough to see yourself become the villain. Kitco reports that newly inaugurated Colombian President…
Bitcoin is lowering but not yet falling
Bitcoin’s decline is more appropriately seen as a corrective pullback within an uptrend. Market picture Bitcoin is losing 3.7% in the past 24 hours, falling to $23.9K%. Ethereum is down…
Understanding the Process and Purpose of Bitcoin Halving
Currently, over 19 million out of the 21 million Bitcoins have been mined, meaning only around 2 million coins remain unmined. Bitcoin’s code dictates that the new coins released in…
Bitcoin fails to keep up with stocks
We are still left to guess where the most consistent trend and market noise show. Bitcoin has added 0.8% to $23100 in the past 24 hours, a worryingly weak result.…