Bitcoin weekly RSI sparks 'intermediate' $85K BTC price target

Bitcoin (BTC) price action may be “unsustainably high” as one metric hits its highest levels in seven months.Data from on-chain analytics firm Glassnode confirms that on Dec. 21, Bitcoin’s network value to transaction (NVT) signal reached levels not seen since April.Bitcoin activity may not support $17,000 BTC priceCreated by statistician Willy Woo, NVT essentially measures…

The crypto exchange says in its amicus brief that the accused inside traders can’t answer for its listing decisions in the current regulatory uncertainty. 202 Total views 1 Total shares Own this piece of history Collect this article as an NFTCryptocurrency exchange Coinbase filed an amicus brief in support of a motion to dismiss the…

In the past few hours, Bitcoin (BTC) price dropped 3.85%, losing $9,000 and pulling back to $8,835.The abrupt downside move occurred after Bitcoin price rallied to $9,188, slightly above the $9,150 target many traders had suggested the asset would reach before attempting a more decisive move toward $9,300.Crypto market daily price chart. Source: Coin360Traders had…

Some members of the NFT project are attempting to continue the development of the game, while efforts are underway to apprehend the alleged culprit. 1197 Total views 18 Total shares Investors in Evolved Apes, a recently launched PFP — short for profile picture — nonfungible token (NFT) projec, are grappling with the disappearance of the…

Numerous theories emerge whenever the price of Bitcoin (BTC) takes a sudden and steep drop. The usual suspects include government regulations, the possibility of exchanges manipulating prices, Bitcoin whales manipulating prices, over-leveraged traders, and some conspiracies involving Tether (USDT).SEC kicks Bitcoin ETF can down the roadBetween Aug. 15 and Aug. 18, Bitcoin's price experienced a…

UnionBank, one of the largest universal banks in the Philippines, debuts cryptocurrency trading via a partnership with a Swiss crypto firm. 266 Total views 5 Total shares The Union Bank of the Philippines (UnionBank), one of the largest universal banks in the Philippines, debuts cryptocurrency trading via a partnership with a Swiss crypto firm.UnionBank has…

The governor of the State of Colorado, Jared S. Polis has signed the “Colorado Digital Token Act” into law, according to a document published on March 6.The act — which was initially proposed in January and sponsored at the state Senate level by Republican Jack Tate and Democrat Steve Fenberg — provides limited exemptions for…

Explore the economics of cryptocurrency mining and the challenges and opportunities that exist in this rapidly evolving industry. Own this piece of history Collect this article as an NFTMining refers to the process of verifying and adding new transactions to a blockchain network, such as in the case of Bitcoin (BTC) or other cryptocurrencies. The…

Jack Dorsey, CEO of Twitter and Square, announced that Square’s Cash App is poised to enable users to purchase fractions of stocks — with an entry of as little as $1.In a tweet posted on Oct. 24, Dorsey wrote:“Now anyone can buy $42 or even $1 worth of Berkshire Hathaway A ($BRK.A, or $TSLA or…