Browsing Category
Bitcoin Price
Altcoins stage a relief rally while Bitcoin traders decide whether to buy the dip
Stocks and altcoin prices bounced as the sell-off in BTC took a pause, but analysts continue to warn that further downside could occur shortly. 150 Total views 13 Total shares The similarity in price action between the crypto and…
42.5K BTC reportedly moved from Luna Foundation Guard wallet as UST peg crumbles
The Bitcoin price plunged below $31,000 on Monday, marking a new low for the year. Altcoins also sold off sharply. 1361 Total views 5 Total shares Roughly $1.4 billion worth of Bitcoin (BTC) was reportedly moved from a wallet tied to…
Bitcoin price falls to $31K as traders prepare for a ‘rocky’ road and more downside
“When it rains, it pours” is an old saying finding new relevance in the cryptocurrency markets on May 9 as traders face another day of pain and the current price decline brings Bitcoin (BTC) to its lowest level in 2022. Data from…
Deribit and OKX attract significant traffic from China despite a blanket ban: Report
Recent geographical traffic data highlights that Chinese traders continue to access centralized exchanges despite a regulatory risk. 320 Total views 5 Total shares Data from website traffic metric provider Similarweb shows that…
Bitcoin’s rocky road to becoming a risk-off asset: Analysts investigate
Thursday was a bloodbath for traditional and cryptocurrency markets. On the worst day of trading since 2020, Bitcoin (BTC) dropped over 7%, while the Nasdaq slipped over 5%. Many hoped for capitulation in the trade and crypto markets, and…
Fed hikes interest rates by 50 basis points in effort to combat inflation
The May Federal Open Market Committee policy meeting concluded with the largest single rate hike in over two decades. 203 Total views 1 Total shares The United States Federal Open Market Committee (FOMC) concluded two days of meetings…
Fed FOMC comments and Bitcoin ‘bear channel’ could kickstart a decline to $28K
Crypto market weakness continues into May as analysts suggest that deteriorating sentiment could lead Bitcoin price to re-test $28,000. 977 Total views 7 Total shares The start of May has seen a continuation of the weakness in crypto…
Bitcoin halving analysis hints at $24K bottom before the end of 2022
One of the most popular topics of debate within the crypto community revolves around the Bitcoin (BTC) four-year halving cycle and the effect it has on the long-term price of the top cryptocurrency. Bitcoin price failed to hit the…
“DeFi is not decentralized at all,” says former Blockstream executive
Samson Mow, former chief strategy officer at Blockstream, is convinced that DeFi protocols can’t compete with Bitcoin as monetary networks due to their lack of decentralization. 56 Total views 1 Total shares Samson Mow, former chief…
Cashing out Bitcoin to save a dog’s life from cancer is ‘the moon for us’
A Redditor from the United States cashed in on all of their Bitcoin to pay for their dog, Derby’s cancer treatment. 42 Total views 2 Total shares How much is a doggo’s life worth? For one Redditor, “dojeckahedron” saving their pooch…
