Watch these Bitcoin price levels next as $52K supertrend risks failure

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.November has seen the overall trade volume of retail-focused crypto…

Libra Association founding member, Bison Trails, has released a QT protocol allowing developers to read and write data to Libra’s pre-mainnet using off-chain systems. 3458 Total views 15 Total shares Blockchain technology and staking service provider Bison Trail has announced the launch of its Query and Transactions Clusters, or QT, protocol to help developers build…

The U.S.’s second-largest bank, Bank of America (BofA), has filed a new patent for adapting multiple digital signatures in a distributed network, according to a U.S. Patent and Trademark Office (USPTO) filing published September 18.The new patent proposes a system for managing data communication from Internet-connected devices. The document underlines that “the invention provides automated…

Bitcoin (BTC) faces a “cycle bottom” this year in which it could drop over 50% from current levels, research claims.In a Twitter thread on June 1, Venturefounder, a contributor at on-chain analytics platform CryptoQuant, forecast 2022 as Bitcoin’s year to “capitulate.”Bitcoin now has "best 3-year ROI ever"Based on historical patterns involving Bitcoin’s halving cycles, this…

The hearing, titled 'Why Congress Needs to Act: Lessons Learned from the FTX Collapse', will be one of the first in which U.S. lawmakers explore what happened with the exchange. 196 Total views 8 Total shares The United States Senate Agriculture Committee has announced that Commodity Futures Trading Commission, or CFTC, chair Rostin Behnam will…

In this week’s newsletter, read about Meta’s newest update on the integration of nonfungible tokens (NFTs) on Facebook and Instagram. Check out how the NFT trading volume on OpenSea has plummeted by 99% and how despite the downturns, digital artists still firmly believe in the future of NFTs. In other news, learn about the changes…

There is an old saying in traditional markets which is actually more like a trading rule. It goes, “when the trend is negative, one can only be neutral or short,” meaning bet on the price decrease. The problem is that a relief bounce tricks traders into believing that the negative prevailing sentiment has shifted into…

Bitcoin’s (BTC) recent rejection at $12,400 triggered $234 million in futures contract liquidations across derivatives exchanges. Despite a 30% rally in the past 30 days, maintaining the $11,700 level as support is undecided.Bitcoin hasn't seen a lower low ever since the mid-March 50% shakedown, which caused the price to test the sub-$4,000 level.Bitcoin USD 4-hour…

Bitcoin whales own almost 8M Bitcoin and do not appear to be in a hurry to sell. 1731 Total views 14 Total shares The number of Bitcoin (BTC) whales reached a new all-time high amid last week's price ascension. On October 20, there were 2,178 Bitcoin addresses that held at least 1,000 BTC. By October 25,…