Bitcoin price falls under $21K, bringing more capitulation or just consolidation?
Multiple indicators and on-chain metrics reflect confluence pointing to an improving market, but technical analysis still raises the possibility of Bitcoin dropping to new yearly lows.
Related Posts
Tether to double its workforce to 200 by mid-2025: Report
The stablecoin issuer will still be tiny in terms of staff compared to other tech and crypto companies.
Trezor launches education initiative in Africa, funds Bitcoineta trip
Trezor has officially launched its educational program in Africa in addition to funding the local Bitcoin awareness campaign, Bitcoineta, and the Africa Bitcoin Conference. 185 Total views 1 Total shares The hardware cryptocurrency wallet firm Trezor has continued its efforts to promote Bitcoin (BTC) education globally by launching a new educational initiative in Africa.The Trezor Academy
Tezos (XTZ) Outperforms Bitcoin Price With 80% Monthly Gain
Since the start of the year Bitcoin (BTC) has gained approximately 41% and on Feb. 5 the crypto asset thrilled investors as the price broke through the $9,500 resistance and rallied to set a new yearly high at $9,745. In light of Bitcoin’s strong trend reversal from its 2019 bottom at $6,400, there is a growing…
Bitcoin is the only decentralized currency, Tether CEO says
The CEO of the company behind the world’s largest stablecoin, Tether (USDT), believes that Bitcoin is the only unstoppable cryptocurrency.
US State of Ohio Suspends Service for Paying Taxes With Bitcoin
Ohio Treasurer Robert Sprague announced the immediate suspension of the OhioCrypto.com website that allows businesses to pay taxes with Bitcoin (BTC).In an Oct. 2 press release, Sprague announced that according to an internal review, approval by the Board of Deposit was required before Ohio launched the website that allowed businesses to pay taxes with digital…
Fed conference hears stablecoins may boost USD as global reserve currency
A note published by the United States Federal Reserve on a recently held conference found a majority of exports believe a U.S. dollar central bank digital currency (CBDC) would not drastically change the global currency ecosystem. Panelists at the conference also agreed CBDC development outside of the U.S. doesn’t threaten the status of the dollar,…
Is there a way for the crypto sector to avoid Bitcoin’s halving-related bear markets?
There is good reason to be afraid. Previous down markets have seen declines in excess of 80%. While tightfisted hodling might hold wisdom among many Bitcoin (BTC) maximalists, speculators in altcoins know that diamond handing can mean near (or total) annihilation. Regardless of one’s investment philosophy, in risk-off environments, participation flees the space with haste. The…
Hong Kong police recover $11M worth of assets in JPEX case: Report
The JPEX scandal has grown to become one of the largest fraud cases in the country, with over 2,300 victims and losses estimated at over $175 million. 118 Total views 2 Total shares The Secretary for Security of Hong Kong, Chris Tang Ping-keung, has vowed to bring justice to people who fell victim to the