Bitcoin price hangs in the balance — Friday’s $2.26B BTC options could result in more downside

Bitcoin (BTC) formed a trading pattern on Jan. 8 that is widely watched by traditional chartists for its ability to anticipate further losses.In detail, the cryptocurrency's 50-day exponential moving average (50-day EMA) fell below its 200-day exponential moving average (200-day EMA), forming a so-called "death cross." The pattern appeared as Bitcoin underwent a rough ride…

A spokesperson for Tao Tao said it "could not agree on a strategy" with Binance. Japan-based digital asset trading platform Tao Tao ended negotiations with Binance, setting back the timeline for the crypto exchange to launch trading services for users in the Asian nation.According to an Oct. 5 update from Tao Tao, the platform stated…

Marathon’s stock hit a six-year high in early November, with the firm accumulating $460 million worth of Bitcoin. 1480 Total views 25 Total shares Marathon Digital Holdings, one of the largest Bitcoin (BTC) mining companies in the United States, is looking to raise $500 million in debt to buy Bitcoin and set up new Bitcoin…

Today, stablecoins buy 15-times as much Bitcoin as in early 2018, this could bode well for the next bull run, if and when, it happens. 582 Total views 13 Total shares Stablecoins have never had more buying power than now, this could bode well for the next bull run.Glassnode keeps track of the Stablecoin Supply…

As the Bitcoin halving approaches, miners across the world have been forced to make adjustments in order to adapt. The halving will see Bitcoin’s (BTC) production cost double overnight, but luckily the cryptocurrency has been reacting positively to the upcoming event.While almost everyone in crypto is bullish about the event, and with good reason, the…

As the exchange rate gap between the US dollar and Argentinean pesos worsens, so does the possibility for Argentine footballers to get signed by international teams. 292 Total views 32 Total shares Argentina’s economic restrictions have reached the sports industry, with the first signing of a local football player with cryptocurrencies hitting national headlines.The transfer…

A clutch CPI beat fails to buoy heavy crypto markets for long, with Bitcoin gaining then losing $1,000 within an hour.

Among the proposals, the group of eight organizations requested the Environmental Protection Agency subject PoW mining firms to “stringent reviews” around operating permits. 19 Total views 1 Total shares A group of eight organizations focused on the environment have called on different government agencies under the Biden administration to implement new approaches in response to…