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Bitcoin and Ethereum Consolidate, LEO Trends Lower, XTZ Accelerates
9.2.2022
Bitcoin price started a downside correction from the USD 45,500 zone. BTC corrected lower below the USD 44,000 level. It is currently (11:55 UTC) consolidating near USD 43,800 and preparing for the next key move.
Similarly, most major altcoins are also preparing for the next move. ETH corrected...
Bitcoin Lightning Network growth capacity plateaus at 3,400 BTC
9.2.2022
The capacity of the Bitcoin Lightning Network has short-circuited over the last three months to circa 3,400 BTC capacity, after surging throughout 2021, according to Arcane Research
Bitcoin needs to reclaim these two levels to avoid another a $28K dip
9.2.2022
Bitcoin price action will stay stuck in the lower half of its macro range unless two key moving averages can flip to support
'Powder keg’: FSInsight report says a single spark could see BTC 5X
9.2.2022
The outlook report forecasts lofty price predictions for the two largest coins by market cap by the end of 2022 based on a series of key metrics
Bitcoin and Ethereum Rally Stalls, Superhot LEO Trims Gains
9.2.2022
Bitcoin price spiked above the USD 45,000 resistance zone before the bears appeared. BTC topped near USD 45,300 and started a downside correction. It is currently (04:23 UTC) trading near USD 43,500 and might test the USD 42,750 support.
Similarly, most major altcoins are also moving lower....
Bitcoin Giveaway: Crypto Exchange FTX Giving Away BTC During Super Bowl
9.2.2022
Crypto exchange FTX is giving away bitcoin during the Super Bowl this weekend. The company estimates that each winner could receive between eight and 10 bitcoins. The actual prize amount depends on the time FTX’s Super Bowl commercial airs. FTX Giving Away Bitcoin in Super Bowl Sweepstakes...
Bitcoin bulls aim to solidify control over BTC price by flipping $44K to support
8.2.2022
Bulls seek to flip $44,000 to support and analysts forecast further upside for BTC, calling the asset “the Amazon of our time.”
Research Firm Predicts Bitcoin Will Hit $200K in Second Half of 2022, ETH to Reach $12K
8.2.2022
This week in a note to investors, Fsinsight, a Fundstrat company, said bitcoin could reach $200,000 during the second half of the year. In the investor’s note, Fsinsight’s head of digital asset strategy, Sean Farrell, said the parabolic growth would be due to “legacy market...
Freedom Convoy Continues, Trudeau Begs Protestors to Stop, Fundraiser Raises $542K in Bitcoin
8.2.2022
During the last week, a large number of truckers are still occupying the streets of Ottawa protesting the vaccine mandates. On Monday, Canadian Prime Minister Justin Trudeau begged protestors to stop the demonstration and said “It has to stop.” Meanwhile, after Gofundme shut down...
Bitcoin begins correction after $45K rejection — Where can BTC price bounce next?
8.2.2022
Bitcoin is not home and dry when it comes to recent gains, multiple pundits warn amid the week's first major correction
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate After Monday’s Surge
8.2.2022
Crypto markets marginally consolidated on Tuesday, following yesterday’s price surge which saw bitcoin and ethereum both rally to multi-week highs. BTC climbed to $45,000, with ETH moving to $3,200. Bitcoin Bitcoin prices were marginally below yesterday’s high, as profit takers look...
Bitcoin and Ethereum Correct Gains, SHIB and XRP Pause Too
8.2.2022
Bitcoin price extended increase above the USD 44,000 level and even spiked above the USD 45,000 resistance zone. It is currently (11:58 UTC) correcting gains near USD 43,900.
Similarly, most major altcoins are also correcting gains. ETH spiked above USD 3,200 before it started a downside...
Colombia Registers First Real Estate Purchase With Bitcoin
8.2.2022
The first real estate purchase with Bitcoin has been registered in Colombia last week. The company, called La Haus, sold one property in Santa Marta to a buyer that was not in Colombia at the time of the purchase. While Colombia is just starting to consider bitcoin for real estate payments,...
Bitcoin rebound hits $45.5K as focus switches to future support retests
8.2.2022
It's been "up only" in recent days for Bitcoin price action, but when a retracement hits, hopes are pinned on $40,000 holding
Brace for Green February, Kraken Tells Bitcoin Hodlers as BTC Tests USD 45K
8.2.2022
Despite January being the historically worst performing month for bitcoin (BTC), the coin’s -19% return for the month this year “did not live up to expectations,” crypto exchange Kraken said. But if history is a guide, February should be better for BTC investors, with average returns of +17%...
Bitcoin and Ethereum Keep Gains Above Key Hurdles, MATIC, SHIB, and XRP Rally
8.2.2022
Bitcoin price remained in a positive zone above the USD 40,000 resistance. BTC cleared the USD 43,500 resistance level and spiked towards USD 44,500. It is currently (04:09 UTC) consolidating gains near USD 44,200.
Similarly, most major altcoins are gaining bullish momentum. ETH was able...
KPMG in Canada Makes First Direct Crypto Investment — Adds Bitcoin, Ether to Corporate Treasury
8.2.2022
KPMG in Canada has added bitcoin and ether to its corporate treasury in what the company called a “first-of-its-kind investment.” KPMG said: “This investment reflects our belief that institutional adoption of crypto assets and blockchain technology will continue to grow...
Technical Analysis: SHIB Climbs 50% Higher, as Meme Coin Hits $16 Billion Market Cap
7.2.2022
Shiba inu (SHIB) is up over 50% as of writing, with cryptocurrency markets continuing to gain momentum to start the week. The so-called ‘meme coin’ rally has seen SHIB recapture a $16 billion market capitalization. Biggest gainers On Monday, bitcoin (BTC) and ethereum (ETH) both...
KPMG in Canada adds BTC and ETH to its treasury
7.2.2022
In an inflationary environment, assets such as Bitcoin are becoming more attractive to corporations looking to diversify their cash holdings
Crypto Economy Recaptures $2 Trillion, Bitcoin Moves Back Into the World’s Top 10 Most Valuable Assets
7.2.2022
The crypto economy has jumped back above the $2 trillion mark after falling below that value in mid-January. Statistics indicate that the USD value of all 12,440 coins across 544 crypto exchanges is worth $2.08 trillion, up 5.2% during the last 24 hours. Crypto Economy Moves Northbound Past the...