Bitcoin Price Analysis: BTC Fails to Conquer $30K, More Pain to Come?
Over the last ten days, the $30K demand zone, which was expected to be a strong support level for reversing any downtrend price movement, was broken to the downside. Now,…
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FTX CEO Thinks Bitcoin Has No Future as a Payment System
Sam Bankman-Fried – Chief Executive Officer of the crypto exchange FTX – argued that bitcoin will not emerge as a global payment network. He labeled it inefficient and harmful to…
Cardano Jumps 6%, Bitcoin’s Consolidation Below $30K Continues (Market Watch)
Bitcoin jumped to above $31,000 but was quickly stopped in its tracks and is now back below the $30,000 line. Most altcoins are also relatively calm on a daily scale,…
First Time in History: Bitcoin Closes in Red 7 Consecutive Weeks
The rollercoaster that transpired in the past seven days resulted in another weekly candle closed in the red for bitcoin. As such, the cryptocurrency made history in a rather negative…
Bitcoin Stalls Below $30K, Polkadot Recovers Another 7% (Weekend Watch)
Bitcoin has calmed just under and around the $30,000 level after the recent massive volatility that brought the asset south by five digits. Most altcoins are also quite stagnant on…
Following the Crash Towards $26K, What’s Next for Bitcoin? (BTC Technical Analysis)
After a few weeks of consolidation, Bitcoin was unable to increase and eventually broke to the downside. This resulted in a considerable liquidation cascade and a drop below the critical…
Bitcoin Rejected at $30K, TRON and Polkadot Spike 4% (Weekend Watch)
After yesterday’s brief price surge to $31,000, bitcoin stalled and retraced back to below $30,000. Most altcoins are also slightly in the red today, except for TRON and Polkadot, both…
Brazil’s Leading Financial Broker XP to Launch a Crypto Trading Platform
The Brazilian investment management company – XP Inc. – reportedly joined forces with Nasdaq to launch a cryptocurrency trading platform. Called XTAGE, it should go live by the end of…
Billionaire Bill Miller Remains Bullish on Bitcoin Despite Ongoing Crash
Legacy American investor Bill Miller revealed he sold some “liquid stuff” to satisfy margin calls as bitcoin might be one of those assets. However, the billionaire remains a keen proponent…
This Week’s Recap: UST’s Depeg and LUNA’s Demise, Crypto Markets Lose $500 Billion
This was the most eventful week in many months, but, unfortunately, the end result was that $500 billion were wiped off the total cryptocurrency market capitalization. Terra’s ecosystem was at…
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