Bitcoin analysts agree that BTC has ‘a lot further to run’

Crypto exchange Uphold has denied owing around $784 million to the liquidation trust of bankrupt crypto investment platform Cred.At a court hearing on Jan. 11, Uphold filed a motion to dismiss all counts in the suit served against the firm by Cred in June 2022.Cred was a crypto lending service that filed chapter 11 bankruptcy…

Crypto futures trading volume now reportedly amounts to nearly 50% of the value of spot trading on crypto markets, according to Bloomberg.13 exchanges analyzedCiting volume data from 13 major global crypto exchanges, Bloomberg reported on a massive growth of cryptocurrency futures markets Oct. 31.The analyzed exchanges include institutional digital asset platform Bakkt, the Chicago Mercantile…

The total crypto market capitalization increased by 26% in seven days, reaching $1.16 trillion on March 17. Bitcoin (BTC) was the biggest winner among the top 20 coins, up 31.5%, though some altcoins gained 50% or more during that period.Total crypto market cap in USD, 12-hour. Source: TradingViewThe surge in cryptocurrency prices occurred as the…

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While Mark Zuckerberg was fighting with the United States Congress over Facebook’s Libra, China took another step forward in the global technology race. President Xi Jinping called on his country to “seize the opportunity” in order to become a leader in blockchain technology as it tries to do likewise with artificial intelligence.This could be an…

“Another 30 seconds in that room and you would have started considering NFTs as a viable investment” was just one of the jokes the show used comparing NFT investments to insanity. 1825 Total views 22 Total shares Apparently, it only took a pandemic for the writers behind the animated TV series South Park to offer…

Over the past few weeks, Ether (ETH) has tracked Bitcoin’s (BTC) price action and observant traders have deftly played reversals off double bottoms and back to back bounces at the $162 and $153 support. A comparison of the daily and weekly charts of Ether and Bitcoin highlights a number of similarities, chiefly, the Doji candle…