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Bitcoin, Ethereum Technical Analysis: BTC Nears 10-Day Low, as Bears Regain Market Sentiment
8.12.2022
Bitcoin continued to slip on Thursday, with the coin remaining close to its lowest level since the end of November. Momentum in cryptocurrency markets has shifted in recent days, with sentiment currently bearish. Ethereum was also lower, with the token dropping towards $1,200. Bitcoin Bitcoin (BTC)...
Bitcoin Price Prediction as BTC Falls Below $17,000 – How Low Can it Go?
8.12.2022
The BTC/USD pair is trading sideways, maintaining a narrow range of $16,750 to $16,900 on December 8, but Bitcoin price prediction remains bearish following the breakout of an upward channel.
Bitcoin has dropped 75% this year from its previous high of $69,000. However, the cause of these massive...
Strike Launches Bitcoin Lightning Network-Enabled Money Transfers to Africa
7.12.2022
United States-based users of Strike, a digital payments platform built on Bitcoin’s Lightning Network, can now transfer funds instantly and at a low cost to Kenya, Ghana, and Nigeria via the recently added new feature known as “Send Globally.” The new feature instantly converts...
Biggest Movers: DOGE, LINK Fall to 10-Day Lows on Wednesday
7.12.2022
Dogecoin fell to a ten-day low on Dec. 7, as the meme coin extended a recent decline, falling for a third consecutive session. Overall, cryptocurrency markets have been mostly bearish in today’s session, and are down 1.07% as of writing. Chainlink was another notable token to fall, and is currently...
Remittances to Low and Middle Income Countries in 2022 Up by 5% to $626 Billion — Latest World Bank Report
7.12.2022
Despite the headwinds that have dominated the year, remittances to low and middle-income countries in 2022 still grew by 5% to $626 billion, the World Bank Migration and Development Brief has said. Africa, where the cost of sending $200 averaged 7.8% in 2022, is the “most severely exposed...
BTC price hits new December low as Bitcoin dips 2% with Asia stocks
7.12.2022
Bitcoin fails to hold $17,000 as BTC price correlation with Asia stocks stands out on the day
Demand for Cryptocurrency Miners Rises in Russia Amid Low Prices of Hardware
4.12.2022
Russia’s market for specialized crypto mining equipment has been seeing high demand over the past couple of months, with buyers attracted by the low price tags. Russian experts also predict an increase in the supply of used coin minting hardware as large foreign companies leave the industry....
Bitdao Reveals Modular Ethereum L2 Called Mantle, Public Testnet to Launch in 2023
1.12.2022
On Wednesday, one of the world’s largest decentralized autonomous organizations, Bitdao, announced the soft launch of a modular Ethereum layer two (L2) network called Mantle that claims to bolster lower fees and fast transactions. According to the Bitdao team, Mantle’s public testnet...
Manitoba Halts New Crypto Mining Projects Due to Expected High Energy Demand
1.12.2022
Authorities in Manitoba are temporarily suspending the connection of new crypto mining facilities to the power grid. The Canadian province, which relies heavily on hydroelectric generation and attracts miners with low electricity rates, fears it may face overwhelming energy demand. Manitoba...
Coinbase announces its wallet will stop supporting BCH, ETC, XLM and XRP, citing 'low usage'
29.11.2022
The crypto exchange plans to stop support for the four tokens on Dec. 5, but added any remaining funds would still be tied to users' existing addresses
Bitcoin, Ethereum Technical Analysis: BTC, ETH Start Week Lower as Bearish Sentiment Returns to Markets
28.11.2022
Bitcoin fell to a six-day low to start the week, as the token moved closer to the $16,000 level. The drop sees prices fall for a fifth straight session, with overall sentiment in the cryptocurrency market turning bearish. Ethereum was once again trading below $1,200, after trading above this point...
How low can the Bitcoin price go?
26.11.2022
Bitcoin is a "buy the dip" opportunity with the BTC price at $16,000 or a bear market capitulation waiting to happen, depending on who you ask
IOTA is trading around the yearly low: Will MIOTA revive?
22.11.2022
The FTX liquidity crisis stirred the market last week, and IOTA has formed a yearly low of around $0.195. It has formed a triangle pattern in the last five months with support around $0.25. However, it has broken that support after the announcement of FTX’s bankruptcy. The U.S. Congress...
First Mover Asia: Bitcoin Falls to 2-Year Low on Renewed Contagion Fears
22.11.2022
ALSO: Singapore's central bank is under scrutiny over whether Sam Bankman-Fried's FTX exchange received favorable regulatory treatment, Sam Reynolds writes
Genesis Bankruptcy Jitters Send Bitcoin to Fresh Low
21.11.2022
The troubled crypto investment bank is in talks with potential investors for at least $1 billion in fresh capital, according to a Bloomberg report
Coinbase Shares Sink to All-Time Low
21.11.2022
The most prominent U.S. crypto exchange went public in 2021 in a high-profile public stock listing. But COIN shares has been down after since, and the FTX contagion represents the latest scare
FTX Collapse Leaves Total Crypto Market Cap Under $800B, Close to 2022 Low
17.11.2022
The FTX debacle has triggered a slide in cryptocurrency prices that wiped out some $183 billion of value from digital assets this month
Dash hits yearly low: Should You buy it for the long term?
17.11.2022
Dash is an open-source blockchain technology, a fork of Bitcoin that also offers similar features with improved technology. However, after the FTX liquidity crisis, investors show less faith in DASH than in Bitcoin, but both are trading around the yearly low. At the time of writing this post, DASH...
XRP close to its yearly low: Will it recover before 2022 ends?
16.11.2022
At the time of writing this post, XRP was trading around $0.386, which is around the yearly low. On the daily chart, you can find an upward momentum in the last two months. Before that (May to September), XRP was consolidating between $0.3 and $0.4. The positive momentum starts once investors...
Bitcoin Mining Firm TeraWulf Raised $17M of Capital in Q3, But Cash Reserves Remain Low
14.11.2022
The mining firm has a liquidity position of $4.5 million and outstanding principal of $138.5 million