Bitcoin is facing a rare ‘extended level’ of FUD on X: Santiment

Bitcoin (BTC) is enjoying what some are calling a "bear market rally" and has gained 20% in July, but price action is still confusing analysts.As the July monthly close approaches, the Puell Multiple has left its bottom zone, leading to hopes that the worst of the losses may be in the past.Puell Multiple attempts to…

A Christmas party for stocks masks "a massive amount of weakness," one commentator warns, as Bitcoin sentiment votes with its feet. 831 Total views 23 Total shares Bitcoin (BTC) dropped nearly $4,000 on Dec. 28 as the market offered a sharp reminder that the bull run would need to wait. BTC analysts eyes $44,000BTC/USD 1-hour candle…

Lawmakers didn't reach a consensus between political parties on a stablecoin bill, as one witness warned this lack of regulatory clarify could drive certain projects abroad. 130 Total views 1 Total shares Own this piece of history Collect this article as an NFTUnited States lawmakers discussed the role of stablecoins in a committee hearing, but…

The cryptocurrency sector has undergone a seismic shift in recent years as retail investors and publicly listed companies make their way into the space.Globally, estimates suggest that the number of crypto users surged by about 190% between 2018 and 2020.Record-breaking inflows into the market have also taken the number of active addresses on the Bitcoin…

Bitcoin (BTC) aware Millennials are set to inherit almost $70 trillion of value from the Baby Boomer generation by 2045.Data compiled and originally released in a November 2019 report by digital asset management firm Coinshares revealed those who grew up with Bitcoin will soon benefit from savings worth over three times the United States’ GDP.“Boomers”…

NFT marketplace Blur allocated a total reward pool of 300 million tokens, worth around $146 million, for traders who use their platform. A pseudonymous nonfungible token (NFT) trader made around $11 million in the recent airdrop reward distribution conducted by the NFT marketplace Blur. Dune analytics data showed that a wallet with the Ethereum Name Service

Big Four consulting and auditing company PwC has linked Iranian nationals behind Bitcoin (BTC) ransomware scheme SamSam to the crypto exchange WEX in a recent report published in February.   The report is based on information that was previously disclosed by the United States Department of Justice (DoJ). As per the DOJ, two Iranians — Faramarz…

The cyclical nature of Bitcoin bull and bear markets means that $60,000 is mathematically more likely to be a floor, not a ceiling, in future. 2897 Total views 14 Total shares Bitcoin (BTC) may have hit highs of $60,000, but calculations suggest that the price level will matter much more to bears, not bulls.In a…