Has the crypto market bottomed? Look out for these 5 keywords
Is the crypto market primed to rebound? Santiment believes several words uttered on social media could hold the answer.
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Bitcoin Price Climbs to $11,200, But Three Factors Hint at a Pullback
The price of Bitcoin (BTC) has increased from $10,995 to over $10,200 in the past 12 hours. But while the momentum of BTC also pushed up the price of other top cryptocurrencies, including Ether (ETH), key metrics and technical patterns suggest the chances of a pullback are rising. Cryptocurrency market snapshot July 31. Source: Coin360Three factors…
Price analysis 11/22: BTC, ETH, BNB, SOL, ADA, XRP, DOT, AVAX, DOGE, SHIB
Bitcoin (BTC) continues to be pinned down below $60,000 indicating that higher levels are attracting selling from traders.The S&P 500 made a new all-time high today on reports that U.S. President Joe Biden renominated Jerome Powell to serve a second term as the Federal Reserve chair. This news also boosted the U.S. dollar currency index…
Riot Blockchain is set to acquire a Texas data facility for $650M
The $650 million deal sees Riot Blockchain acquiring a major data center owned by Northern Data AG, one of its competitors. 4164 Total views 22 Total shares Riot Blockchain is continuing its Bitcoin (BTC) mining expansion efforts. Reports suggest that the United States-based miner is set to purchase Whinstone US Inc, currently owned by Northern…
No concerns over Bitcoin halving supply shock, says Bitvavo CEO
The CEO of Dutch cryptocurrency exchange Bitvavo believes market dynamics will cater to the potential skyrocketing demand for Bitcoin in 2024. 729 Total views 4 Total shares Supply and demand dynamics could mitigate concerns of a potential Bitcoin (BTC) market supply shock during the upcoming mining reward halving in 2024, according to Bitvavo CEO Mark
Bitcoin price falls below its ‘realized price’ but is it time to buy the dip?
On June 13, cryptocurrency prices plunged deeper into bear market territory after Bitcoin (BTC) sliced through its current trading range and briefly touched $22,600, its lowest level se since December 2020.According to BTC historical data, the market has now reached valuation metrics that show the price is severely oversold and perhaps near a bottom. Bitcoin…
Tezos Foundation Moves to Settle $25M Consolidated Lawsuit
The Tezos Foundation moved to settle its $25M consolidated class-action lawsuit on March 20, following more than two years of fighting in court.In a post on its website, the foundation claims to have chosen to settle due to the time and financial expense incurred through continuing proceedings.“It was decided that the one-time financial cost of…
Bitcoin price support at $30K opens the door for gains from UNI, ARB, AAVE and MKR
Bitcoin (BTC) attempted to break away from its boring sideways price action on July 13 following Ripple’s legal victory over the United States Securities and Exchange Commission, but the enthusiasm proved to be short-lived. Sellers pulled the price back into the range on July 14, indicating that they remain active at higher levels. However, a…
Treat Bitcoin Like Switzerland Does, Zimbabwe Finance Minister Tells Central Bank
Zimbabwe’s new finance minister said the country should embrace Bitcoin at state level in a manner similar to Switzerland, local media outlet IT Web Africa reports Monday, September 17.Citing the Swiss central bank’s “investment and understanding” in Bitcoin, Mthuli Ncube said he would call on the Reserve Bank of Zimbabwe (RBZ) to follow in its…