Bitcoin breakout or black swan? $90K BTC price lacks gold, stocks high
Bitcoin bulls have sealed BTC price all-time highs in US dollar terms but have yet to match macro asset records from 2021.
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A deluge of potential BTC price volatility triggers is due this week, and Bitcoin market participants are eyeing the most crucial support zone to hold.
Terra Luna Classic contemplates deposit hike to curb spam proposals
This measure is intended to counteract the influx of "spam" and irrelevant proposals submitted for voting within the Terra Luna Classic community. 351 Total views 2 Total shares The Terra Luna Classic is presently voting on multiple proposals, with concerns raised about an uptick in "spam" proposals following a decline in LUNA prices. A new
Bitcoin reclaims $62K, analysts say worst is ‘likely behind us’
With Germany’s “forced selling” over and Mt. Gox repayments all but priced in, analysts look to an easing macro environment as a driver for Bitcoin’s price in the coming months.
Here’s why bulls aren’t buying the Bitcoin price dip to $50,000
Bitcoin (BTC) has been bouncing at the $51,000 support for the past 44 days. Typically, this would be interpreted as a positive occurrence, especially considering that the $50,000 level represents a 75% advance in 2021. However, cryptocurrency investors are typically short-term-focused and always overly optimistic. Thus, the current narrative for Bitcoin is slowly turning bearish but…
Ethereum on-chain data suggests ETH sell pressure could be a non-event after the Shanghai upgrade
The upcoming Ethereum (ETH) Shanghai hardfork is slated to occur in March 2023 and the upgrade will cap off the network's move to proof-of-stake (PoS) which started during the “Merge” on Sept. 15, 2022. Once Shanghai is implemented, previously locked Ether will gradually become liquid for the first time since December 2020. According to on-chain Etherscan…
Bitcoin hashrate drawdown reaches December 2022 levels
This metric can be used to spot relative bottom points in the market price of Bitcoin and signal potential accumulation opportunities.
A friend in need: How the crypto industry reacts to recent bank bailouts
In its early days, crypto enthusiasm was fuelled by the promise to cut the rigged banking system out of the people’s basic need to exchange goods and funds. To some degree, it still is. But as digital assets become more and more intertwined with a larger financial market, this tension gradually fades away. The recent wave…
Stop listening to celebrities for financial advice, says Binance Super Bowl campaign
Instead, the platform encourages users to do their own research, and trust in themselves when it comes to investing in cryptocurrencies. 192 Total views 2 Total shares From NFL players accepting their salaries in cryptocurrency and Tom Brady founding his own nonfungible token (NFT) marketplace to the NFL providing Super Bowl attendees with customized NFTs, the…