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Tag: BTC Trading View

On-chain metrics point to early stage bear market, but Bitcoin HODLers seem unfazed

Bitcoin, the largest cryptocurrency recently gathered some strength to push outside the resistance zone. At press time, BTC surged more than 4% to reach the $37.7k mark. This might sound decent however, the king coin suffered major blow from its previous ATH, $64k last year. Indicators still signal at a bearish trend concerning BTC. Fear […]

Is it really wrong to say Bitcoiners ‘do not care’ about Bitcoin’s price drop

Bitcoin’s price crash has set many investors panicking as they perhaps question their investment strategies and the health of their portfolios. For his part, investment analyst Anthony Pompliano claimed that though Bitcoin’s price performance might look worrying, Bitcoin miners and Bitcoiners “do not care.” However, this is quite a reductive analysis, as the situation is […]

Post-regulatory crackdowns, power grid outages, here’s where Bitcoin mining is heading

Erik Thedéen, the Vice-chair of the European Securities and Markets Authority, recently recommended a ban on proof-of-work mining in the EU. Citing its impact on Sweden, he stated, “It would be an irony if the wind power generated on Sweden’s long coastline would be devoted to Bitcoin mining.” Regulators analyze mining impact Previously, Norwegian authorities […]

Bitcoin mining difficulty reaches ATH despite liquidations worth over $292m

The entire cryptocurrency market at press time is bleeding profusely. The total market capitalization declined by almost 11% over the past 12 hours. The massive slump resulted in a loss of around $233 billion sending the total market cap. Thereby, plunging below $2 trillion for the first time since late September. Liquidations across trading platforms (BTC […]

Here’s why investors’ sentiments are all over the place when it comes to altcoins

With crypto prices shooting off in unexpected directions, it’s not a surprise that investors’ sentiments are in a muddle. In fact, even the usual Bitcoin versus alt coin dynamic didn’t seem to be steady as feelings were growing more and more fragmented. Getting your fill of feelings Keeping Bitcoin’s price in mind, Santiment’s positive/negative sentiment […]

Survey: Interest in blockchain investment on the rise, but lack of awareness an issue

It’s not just traders who are excited about 2022 and what all this year could mean for crypto development. Apart from them, mainstream stakeholders from the finance and technology sectors are also gearing up for changes as blockchain becomes part of the new normal. A survey by FTI Consulting, Inc. reached out to 150 America-based […]

Ongoing macro-inflation trends are likely to affect Bitcoin this way

Bitcoin‘s current price struggles are no secret to the cryptocurrency sector as the top asset continues to bleed red almost three weeks into the new year. It has lost 11% of its valuation over the past month, leading many experts to believe that the bears have settled in. Much of the downtrend has been triggered […]

The A to Z of what’s standing in the way of a Bitcoin Spot ETF in the USA

A Bitcoin Spot ETF in the USA has been on many wishlists for a while now, but Christmas 2021 did not deliver, leaving potential investors disappointed. What Bitcoin Did podcast host Peter McCormack and Messari founder Ryan Selkis recently discussed the obstacles that they believe are standing in the way of the USA’s first approved […]

With crypto market shivering in a state of extreme fear, ‘buy the dip’ fever is…

Buying the dip has now become a ritual as soon as Bitcoin’s price crashes, and there’s a lot banking on bringing home the king coin when it’s at its lowest point. Looking at the coin crashes in December and January, an investor might be wondering if the trend is still on. Data from a Santiment […]

Bitcoin, crypto-ATMs, and why they might be worth over a billion in 2028

The ease with which cryptocurrency ATMs allow users to buy and exchange digital assets has been one of the driving forces behind the surge in their adoption over the past year. It reportedly saw the installation of around 20,000 additional ATMs worldwide, and the trend is expected to continue growing, according to recent research. The […]

KuCoin report shows which coins Turkish investors are using to fight inflation

Rising inflation rates and decreased purchasing power still plague the people of Turkey, who are now turning to new and less regulated ways of safeguarding their wealth. Even mainstream media companies have noted Turkish crypto investors’ interest in assets such as stablecoins to serve as an inflation hedge. To that end, the crypto exchange KuCoin […]

Bitcoin won’t witness a recovery until this happens

The recovering market is slowly losing its strength since the overall crypto market led by the king coin Bitcoin itself made barely any difference in the last seven days.  Bitcoin in a rut  Last week after Bitcoin dipped by over 13% in just a couple of days, some ray of hope came in the form […]

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