Price analysis 10/16: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

Trader sentiment has turned bearish following Bitcoin’s (BTC) 11% slump this week. Although Bitcoin is taking support near $25,000, several analysts are factoring in another leg down toward the crucial $20,000 level.The weakness is not limited to the cryptocurrency markets alone. United States equities markets also witnessed a losing week. The S&P 500 Index fell…

The House of Representatives has voted to overturn controversial SEC guidance that has virtually blocked banks from custodying crypto assets.

As Cointelegraph reported yesterday, self-proclaimed Bitcoin (BTC) creator Craig Wright claims that Bitcoin can and will be seized to accommodate court orders. What follows is an analysis of whether what he says is possible and plausible.Screenshots resurfaced on Feb. 26, show that Wright claims Bitcoin will be seized without using the owner’s private keys. Instead,…

Once assumed to be extinct until its unlikely return in the latter part of 2017, browser-based cryptocurrency mining dates back to 2011 when BitcoinPlus.com launched its then-innovative service.Of course, back when Bitcoin was fairly new and mining was cheap, the idea of using a website to do the work for miners was quite popular. Thanks…

What will happen to the crypto markets when quantitative tightening takes full effect and the Federal Reserve shelves the money printer? 703 Total views 13 Total shares The Federal Reserve is starting the process of paring back its $9 trillion balance sheet that ballooned in recent years in a move called Quantitative Tightening (QT). Analysts from…

BTC price action remains at the mercy of equities performance at the Wall Street open. 801 Total views 8 Total shares Bitcoin (BTC) fell on the May 24 Wall Street open as weakness in stocks saw sell-side pressure return.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewEquities give crypto no respiteData from Cointelegraph Markets Pro and TradingView followed…

The decentralized finance space has grown exponentially over the last few months, to the point where more than $9 billion worth of crypto assets were locked in its protocols before crypto prices started dropping. The space had a little over $500 million locked in back in September 2019.This exponential growth in the last few months…

The United States Federal Reserve Chair Jerome Powell recently said that additional fiscal stimulus could result in a stronger recovery. He also emphasized that the Fed had enough tools to support the economy.After the winner of the U.S. election is announced, the focus of lawmakers could shift to the next stimulus package. However, additional money…