Bitcoin Price to Consolidate or Retrace Even Further in 2023: Analysis
The price of bitcoin took a massive hit in 2022, dropping by more than 50% in 12 months. However, the crypto analytics platform Santiment believes there’s more bad news incoming…
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Here’s Why MicroStrategy Sold 704 Bitcoins on December 22
Publicly-traded business intelligence company MicroStrategy revealed that it sold part of its bitcoin stash on December 22 for tax purposes. Although the firm later purchased more bitcoins, the sale defied…
Bitcoin to End 2022 With a 65% Yearly Drop: Weekend Watch
For better or worse, 2022 is about to end, and the bitcoin bulls are in a hurry to send this rather violent year packing. The asset’s price tumbled amid macroeconomic…
Bitcoin Dips Below $16.5K, Solana Down 23% Weekly: Market Watch
The end of this rather interesting year is not bringing any volatility to the crypto markets, aside from a few minor price drops. Bitcoin, for instance, went down below $16,500…
Helios is a ‘Transformative Acquisition’ for Galaxy Digital, Says Novogratz
Mike Novogratz – the CEO of Galaxy Digital – praised his company’s decision to purchase the bitcoin mining facility – Helios. The firm recently won the auction to acquire another…
MicroStrategy to Introduce Bitcoin Lightning Applications Next Year
MicroStrategy’s Executive Chairman – Michael Saylor – said the company intends to roll out Bitcoin Lightning Network-powered solutions and applications next year. The business intelligence firm previously planned to launch…
Terra Classic (LUNC) Drops 8%, Bitcoin Dips to Weekly Lows (Market Watch)
Bitcoin continued with minor price declines in the past 24 hours, resulting in a dip to a weekly low of under $16,500. Most altcoins are also in the red, including…
Bitcoin Bottom Signals Start Flashing But is Another Leg Down Coming Before That? (BTC Price Analysis)
Bitcoin’s price has been oscillating in a very tight range heading into the new year’s holidays, offering little clue on the direction of the next significant move. Nevertheless, the market…
Terra Luna Classic Skyrockets 15% Daily, Bitcoin Aimed at $17K (Market Watch)
Over the past 24 hours, the cryptocurrency market remained relatively calm – perhaps somewhat expectedly, given the Christmas holidays. This is also reflected in the diminishing daily trading volume. However,…
Bitcoin Exchange Outflow Volume Plunges to 7-Month Lows
Glassnode data shows a decrease in the 7-Day MA of bitcoin leaving centralized exchanges with only 986.237 BTC getting withdrawn in the past week or so. The declining outflow could…
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