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Market Wrap: Bitcoin Slumps Below $20K as Long-Term Holders Face Massive Selling Pressure
12.7.2022
Long-term holders are experiencing high selling pressure from actual and unrealized losses, Glassnode report shows
Biggest Movers: SOL Snaps Recent Losing Streak, as MATIC Moves Towards Resistance
12.7.2022
SOL was slightly higher on Tuesday, as prices rebounded following recent declines. The token bounced on its long-term support point earlier today, as bulls entered the market. MATIC also moved higher, colliding with its own price ceiling. Solana (SOL) SOL was trading marginally higher...
‘Wolf of Wall Street’ Jordan Belfort Says He’d Be Shocked if You Didn’t Make Money Investing in Bitcoin Long Term
11.7.2022
Jordan Belfort, aka the Wolf of Wall Street, says if you take a three, four, or five-year horizon, he would be shocked if you didn’t make money investing in bitcoin because the underlying fundamentals are really strong. The Wolf of Wall Street Shares Bitcoin Outlook Jordan Belfort, aka...
Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to $18,800 Support Level on Saturday
2.7.2022
Bitcoin moved closer to its long-term support level of $18,800 to start the weekend, as prices of cryptocurrencies were once again lower. While bitcoin has now fallen for seven straight sessions, ethereum also saw similar declines, and as of writing is down 2.40% from yesterday’s high....
Foresight Ventures Launches 200m Foresight Secondary Fund I to Invest in Private Round Crypto Assets
17.6.2022
Foresight Ventures launches 200m Foresight Secondary Fund I to invest in private round crypto assets that are looking to access liquidity during current volatile market conditions. The fund is launched with Bitget Exchange as the largest single LP. Current market conditions have not diminished...
CAR president urges citizens to understand Bitcoin to bring long-term prosperity
16.6.2022
For the past few weeks, the crypto market has been in a tailspin. While other investors may have given up on BTC, its ardent supporters continue to extol its virtues
Celsius Troubles, UST Collapse Could Have Long-Term Benefits for Crypto, FSInsight Says
15.6.2022
The crypto lender was notorious for promoting risk-free yields on client assets, the report said
Biggest Movers: WAVES, NEAR Hit Multi-Week Lows on Saturday
11.6.2022
NEAR fell to a one-month low to start the weekend, as prices moved below their long-term support point. WAVES was also lower during Saturday’s session, falling by as much as 14%. Overall, crypto markets are down nearly 5% as of writing. Near Protocol (NEAR) NEAR was one of the most notable...
Fed forgets long-term dollar devaluation when pricing eggs in BTC
7.6.2022
The U.S. Federal Reserve has released a blog post showing the instability of Bitcoin against the U.S. dollar when buying eggs, however, the crypto community was quick to point out the reality of the situation
Longer-term Bitcoin holder losses hit two year lows
7.6.2022
Bitcoin’s long-term holders are beginning to suffer losses matching those from previous bear markets, and Glassnode believes the pain may continue, and even get worse
Bitcoin long-term hodlers begin 'distribution' which preceded BTC price bottoms
4.6.2022
The bearish BTC price targets keep mounting amid concerns over "distribution" of coins by long-term holders
5 reasons why Bitcoin could be a better long-term investment than gold
3.6.2022
Crypto advocates often refer to Bitcoin as “digital gold,” but how does BTC stack up against gold as a long-term investment?
Dash in a Long-Term Downtrend; Is It Time To Buy?
1.6.2022
Since its launch in January 2014, the Dash cryptocurrency has presented itself among the leading altcoins. With cryptocurrencies slowly gaining traction, Dash got its first big break on the behest of its Digital Cash acronym. Dash made a lifetime high of $1642 in 2017, where we witnessed huge...
Will Fantom (FTM) Live Up to the Hype in the Long Term?
31.5.2022
Fantom is a decentralized smart contracts platform for decentralized applications. It is an open-source platform that is a strong contender against Ethereum. It aims to focus more on blockchain networks’ scalability and security issues. Unlike Ethereum, Fantom uses Proof of Stake consensus...
On-chain data shows Bitcoin long-term holders continuing to ‘soak up supply’ around $30K
30.5.2022
Despite being underwater on a portion of BTC positions, data shows long-term holders continuing to accumulate Bitcoin in its current range
Can a lesson in bimetallism help the long-term stability of Bitcoin and privacy coins?
28.5.2022
Will the potential long-term bear market of 2022 begin the push for increased privacy for people exchanging cryptocurrencies?
Latam Cryptocurrency Exchange Bitso Announces Layoffs Amidst Expansion to Colombia
28.5.2022
Bitso, one of the biggest cryptocurrency exchanges in Latam, has announced a series of layoffs due to the recent downturn in the cryptocurrency market. The exchange, which has a workforce of 800 workers, has decided to let go of more than 10% of its staff citing a change in the long-term strategy...
SEC Drops the Ball on Crypto Regulation and There Are Long-Term Consequences, Says Commissioner
27.5.2022
A commissioner with the U.S. Securities and Exchange Commission (SEC) has warned that the securities market regulator has dropped the ball on crypto regulation. “We’re not allowing innovation to develop and experimentation to happen in a healthy way, and there are long-term...
TRON Is Bullish; Accumulate TRX for the Long Term!
25.5.2022
TRON is a blockchain-based decentralized application platform developed by TRON Foundation, a non-profit organization. It wants to target the global entertainment industry with a huge market valuation. They have also expanded in the gaming world and other media industries to capture the entire...
Bitcoin 'finally' due for $32.8K as long-term BTC price metric flashes overvalued
25.5.2022
An uptick to two-week highs is on the cards but longer timeframes still trouble Bitcoin analysis