France Rejects Bitcoin Mining Proposal
The French National Assembly has decided not to discuss the subject of bitcoin mining as a possible destination for the French energy surplus. The recently introduced amendment was rejected on…
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Bitmex Co-Founder Arthur Hayes Has a Stark Prediction for ‘Circle Copycat’ Stocks
Circle’s stock (NYSE: CRCL) reached an all-time high of $165.60 on June 16 before closing at just above $151, marking a more than 500% increase since its Nasdaq debut. Arthur…
Bitcoin Technical Analysis: Bears Begin to Claw, Pulling Price to Key Levels
Bitcoin’s price of $96,125 to $96,557 over the last hour reflects a consolidating market with mixed signals from various timeframes, suggesting a cautious approach for traders and investors. Bitcoin On…
Bitcoin Shows Mixed Signals Amid Consolidation: Is a Reversal Coming Soon?
Bitcoin (BTC) has experienced a steady decline in recent sessions, but technical indicators are sending mixed messages, hinting at a possible market shift on the horizon. Despite the bearish price…
Crypto Market Continues to Slide — QCP Capital Reports Increasing Market Anxiety
The cryptocurrency market contracted by nearly 2% on Wednesday, descending to a total value of $2.23 trillion. Bitcoin reached a daily low of $60,760 per unit, while ether declined to…
Bitcoin Price Outlook for May
Midway through May and bitcoin has mostly fallen lower, as markets digested several key pieces of economic data. The headline was another rate hike by the Federal Reserve, which came…
Commodity Analyst Mike McGlone Suggests ‘Bitcoin Appears Poised to Resume Its Inclination to Outperform’
Bloomberg Intelligence senior commodity analyst, Mike McGlone, believes a “warm spell” is coming in terms of bitcoin markets as the market strategist detailed on Monday that “bitcoin appears poised to…
Bitcoin Price Outlook for November — FTX Crisis Fuels Bearish Momentum
It’s fair to say that the first ten days of November have been nothing short of historic in cryptocurrency markets. The turmoil surrounding FTX, and its all-but-confirmed collapse, seems to…
Commodity Strategist Mike McGlone Says BTC, ETH Appear to Have ‘Completed the Bulk of Their Drawdown’
Bloomberg Intelligence senior commodity analyst, Mike McGlone, recently wrote that “cryptos could regain [an] edge” when he discussed bitcoin and ethereum in a report published on Bloomberg’s terminal on Nov.…
Bitcoin, Ethereum Technical Analysis: Ethereum Back Above $1,300 to Start the Week
Ethereum remained close to a three week high on Monday, as prices rallied following a turbulent weekend. Bullish sentiment appears to have somewhat returned to crypto markets to start the…