Bitcoin price has legs above $100K despite holders booking record profits — Analysis

The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, hit the psychological barrier of $10,000 but immediately rejected. Meanwhile, the sentiment is shifting from fear towards greed as the Crypto Fear & Greed Index is now above 50 for the first time in three months.However, altcoins have been showing weakness across the board.…

Crypto exchange Bittrex will give frozen holdings back to its Iranian users, which the exchange suspended two years ago due to the requirements of United States’ regulators.Bittrex’s Iran-based users began receiving letters from the exchange that promise to return them the funds frozen back in 2017, according to a Nov. 8 tweet published by Bittrex…

Lido has around 40% of all the staked ETH on the Beacon Chain. 338 Total views 7 Total shares

In a recent interview with Bloomberg, Mike Belshe, CEO of crypto exchange BitGo, stated that the market structure needs to improve before the U.S. SEC will grant approval for Bitcoin ETFs. 572 Total views 1 Total shares Mike Belshe, CEO of cryptocurrency exchange BitGo, has suggested that all indications are leaning towards a favorable outcome

Bear markets are always tough, but one of the positives is they clear the clutter and this allows legitimate projects to stand out. While most investors are focused on the latest centralized finance (CeFi) and decentralized finances (DeFi) scandal, the blockchain gaming sector has quietly weathered the storm better than other niches of the market.Total number…

Bitcoin (BTC) failed to reclaim $8,500 on Nov. 18 as market sentiment continued trending downwards over the weekend.Cryptocurrency market daily overview. Source: Coin360Bitcoin hovers at decisive $8,400 levelData from Coin360 showed BTC/USD attempting to crack the $8,500 level on Monday, only to see rejection after falling from $8,600 late on Sunday. At press time, the pair…

Bitcoin bulls and bears are lining up an epic tug of war based on order book liquidity — who will gain control of the BTC price trend?

Analysts predict a short-term drop to $46,000 for BTC before it resumes its uptrend, which could see its price rise to $60,000 by February. 592 Total views 5 Total shares The bearish pressures facing the cryptocurrency market at the end of 2021 have continued into the first week of 2022 after the price of Bitcoin…

The COVID-19 pandemic has forced governments worldwide to focus on bringing blockchain technology to their financial services, along with the needed regulatory upgrades to keep the burgeoning fintech industry clean.Related: Not like before: Digital currencies debut amid COVID-19For example, on Sep. 10, Switzerland — a global center for the wealth management industry, housing around $2…