Bitcoin

Technical Analysis of Bitcoin and Ethereum

Technical Analysis of Bitcoin and Ethereum: BTC and ETH Consolidate Before the Release of United States GDP Data

On Thursday, most cryptocurrency values remained relatively stable, maybe in anticipation of forthcoming GDP statistics from the United States. During today’s session, the price of bitcoin remained very close to $17,000, while the total market cap was trading 0.01% lower as of the time of writing. The price of ether remained relatively stable throughout the …

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According to the governor of India's central bank, cryptocurrency could cause the next financial disaster

According to the governor of India’s central bank, cryptocurrency could cause the next financial disaster

The Governor of the Reserve Bank of India, Shaktikanta Das, has issued a warning that the next financial crisis could be caused by cryptocurrency if it is both regulated and allowed to expand. When asked about the cryptocurrency industry at a recent conference, Shaktikanta Das, the governor of the Reserve Bank of India (RBI), did …

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Twitter's search tool now includes price indexes for Bitcoin and Ethereum.

Twitter’s search tool now includes price indexes for Bitcoin and Ethereum.

A price chart is accessible on Twitter by searching for terms such as “$Bitcoin,” “Bitcoin price,” and “BTC price.” Equivalent searches for Ethereum are also successful. Twitter, a social media network, has introduced a new cryptocurrency feature that allows users to search for the price of cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) simply …

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Bitcoin in 2023: Will it fall to $10,000 or will it soar to $250,000?

You have reached the 2023 Outlook Series presented by Kitco News. The financial markets continue to be plagued by uncertainty, which is made worse by the fact that monetary policies implemented by central banks are driving the world economy into a recession in an effort to reduce inflation. Keep up with Kitco News so you …

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Bitcoin's low volume has prompted

Bitcoin’s low volume has prompted a price alert as the indicator approaches the “value zone.”

The Bitcoin NVT signal data shows perspectives that are in contradiction with one another over what may occur to the current BTC price range. As one gauge reaches its greatest levels in seven months, the price action of bitcoin may have reached “unsustainably high” levels. Data from an on-chain analytics company called Glassnode indicates that …

Bitcoin’s low volume has prompted a price alert as the indicator approaches the “value zone.” Read More »

Brazilian president passes crypto bill into legislation

Brazilian president passes crypto bill into legislation

The law established a licencing system for virtual asset service providers and included a variety of digital currencies inside the definition of lawful payment methods in Brazil. The president of Brazil, Jair Bolsonaro, whose term ends on December 31, has signed a bill that makes it possible to use cryptocurrencies like bitcoin and ethereum as …

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After a terrible year, cryptocurrencies are at a critical juncture.

After a terrible year, cryptocurrencies are at a critical juncture.

To paraphrase Queen Elizabeth II of the United Kingdom, 2022 is not going to be a year that people in the Bitcoin world would look back on with unadulterated happiness. Investors were left with major existential problems as the year drew to a close as a result of the rapid succession of breakdowns, contagion, and …

After a terrible year, cryptocurrencies are at a critical juncture. Read More »

The year 2022 marked the end for 1,000 different cryptocurrency tokens

The year 2022 marked the end for 1,000 different cryptocurrency tokens.

According to Statista, the current bear market has caused the number of active tokens to drop by about a thousand, which is the worst annual loss ever recorded for a single year. This phenomenon gives the impression that the world of cryptocurrencies has gone on a major diet. The number of active cryptocurrencies has dropped …

The year 2022 marked the end for 1,000 different cryptocurrency tokens. Read More »

The whole crypto market cap has taken another hit, yet investor sentiment has not changed.

The whole crypto market cap has taken another hit, yet investor sentiment has not changed.

Despite the fact that traders are actively adding to both their long and short positions, the total market capitalization of cryptocurrencies is in danger of slipping below $825 billion. After failing to break through the $880 billion hurdle on December 14, the total market capitalization of cryptocurrencies has experienced a decline of 8.1% over the …

The whole crypto market cap has taken another hit, yet investor sentiment has not changed. Read More »

Overnight, $117 Million Was Liquidated as Bitcoin and Ethereum Lost Their Post-CPI Gains

Overnight, $117 Million Was Liquidated as Bitcoin and Ethereum Lost Their Post-CPI Gains

Bitcoin and Ethereum have both experienced wild price swings this week. After climbing higher in response to upbeat CPI data, both cryptocurrencies saw their gains wiped away overnight. Both Bitcoin and Ethereum have suddenly relinquished all of their recent gains made in response to the upbeat CPI report released this week. According to CoinGecko, Bitcoin’s …

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