Archives par catégorie: Business

Bitcoin (BTC) Loses Previous All-time High Of $18,000; Here Is What To Expect

Bitcoin (BTC) Loses Previous All-time High Of $18,000; Here Is What To Expect

 BTC’s price loses its $18,000 all-time high support as the price trades to a region of $17,000 before bouncing off this region.   BTC’s price continues to look bearish with the market’s current state, as things will look uncertain for most traders and investors.  BTC’s price remains weak across all timeframes as the price trades above […]

Coin Metrics Analyst: “FTX Might Have Provided Massive Bailout For Alameda In Q2”

Coin Metrics Analyst: “FTX Might Have Provided Massive Bailout For Alameda In Q2”

Did this Coin Metrics analyst uncover the key to the whole Alameda/ FTX story? Because let’s face it, it doesn’t make sense. Both of Sam Bankman-Fried’s businesses were extremely profitable. FTX was the world’s third-biggest exchange and growing, why would anyone risk killing that golden goose? There must have been an underlying cause. Did this […]

Ethereum Price Tumbles, Why Recovery Could Be Round The Corner

Ethereum Price Tumbles, Why Recovery Could Be Round The Corner

Ethereum extended losses below the $1,400 support against the US Dollar. ETH is consolidating and might recover if there is a clear move above $1,340 resistance. Ethereum started a major decline below the $1,400 and $1,350 levels. The price is now trading below $1,400 and the 100 hourly simple moving average. There is a key […]

Bitcoin Price Takes Major Hit, Why The Bears Are Not Done Yet

Bitcoin Price Takes Major Hit, Why The Bears Are Not Done Yet

Bitcoin price declined over 10% and even spiked below $18,000. BTC remains at a risk of more losses, as the FTX faces more heat. Bitcoin started failed to recover ground and declined over 10%. The price is trading below $19,500 and the 100 hourly simple moving average. There is a connecting bearish trend line forming […]

Dogecoin Co-Founder Predicts Bitcoin Will Hit $100,000

Dogecoin Co-Founder Predicts Bitcoin Will Hit $100,000

The largest cryptocurrency, Bitcoin, has hit a 5% decline from its $20K level, which it has maintained for a couple of weeks. However, during the short rally a few weeks back, Bitcoin’s valuation recovered from its 3-month low, shooting above $21,000. These gains brought hope to the crypto market and boosted investors’ confidence that the […]

Institutional Outflows From Bitcoin Paints Bearish Picture For Crypto Market

Institutional Outflows From Bitcoin Paints Bearish Picture For Crypto Market

Institutional investors have been quite neutral on both bitcoin and the crypto market at large for a while now. This has translated into a mix of inflows and outflows into various digital assets, alternating with each passing week even through the bear market. However, current net flow records show that these large investors are beginning […]

Crypto Market Tanks As Binance And FTX Battle Continues

Crypto Market Tanks As Binance And FTX Battle Continues

Recently, the crypto space has been facing an unexpected display between two prominent crypto exchanges, Binance and FTX. The CEO of Binance, Changpeng Zhao (CZ), announced that the exchange would liquidate all FTT tokens in its holdings. Naturally, this news created a negative impact on FTX and its token. Further, the entire crypto market has […]

Bitcoin Bloodbath Takes Crypto To New Bear Market Lows | BTCUSD November 8, 2022

Bitcoin Bloodbath Takes Crypto To New Bear Market Lows | BTCUSD November 8, 2022

In this episode of NewsBTC’s daily technical analysis videos, we examine the bloodbath across crypto today and the new record low for this Bitcoin bear market. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): November 8, 2022 It was a highly volatile day in crypto markets, led by a battle between […]

Chainlink (LINK) Loses Gains Due To Market Bloodbath, Is Rebound Possible?

Chainlink (LINK) Loses Gains Due To Market Bloodbath, Is Rebound Possible?

The cryptocurrency market has been facing high volatility at the time. With Bitcoin recording over 13% loss on the day, altcoins took effect and plummeted heavily. Similarly, Chainlink lost its gains following the market trend. But, the token established itself as one of the top gainers on the same day and marked $9.34. Due to […]

Bitcoin Records Fresh Bear Market Low At $17,500, Was This The Bottom?

Bitcoin Records Fresh Bear Market Low At $17,500, Was This The Bottom?

The crypto market is trading in the red, with Bitcoin and other cryptocurrencies recording double-digit losses over today’s trading session. The number one cryptocurrency retraces its profits from last week and fallback into a new yearly low. At the time of writing, Bitcoin (BTC) trades at $18,200, with a 13% loss in the last 24 […]

What Is The Possibility Of Cardano Touching $0.50 Mark? Let’s Explore

What Is The Possibility Of Cardano Touching $0.50 Mark? Let’s Explore

The crypto market has halted its brief bullish rally, with prices generally dropping; for example, Cardano (ADA) has lost 9% in the last 24 hours. Currently, Cardano is trading at $0.366. Cardano price falls on the chart l ADAUSDT On Tradingview.com In recent weeks there has been an upsurge in most cryptocurrency prices due to […]

Bitcoin To Dump Even Lower? This On-Chain Metric May Suggest It

Bitcoin To Dump Even Lower? This On-Chain Metric May Suggest It

Bitcoin has sharply rebounded back to $20.4k, but is the decline actually over? This on-chain metric may suggest otherwise. Bitcoin Coin Days Destroyed Metric Has Spiked Up Over The Past Day As pointed out by an analyst in a CryptoQuant post, BTC Coin Days Destroyed is showing a spike at the moment. A “coin day” […]

The War Is Over!: Binance Announces FTX Buyout And The Market Recovers

The War Is Over!: Binance Announces FTX Buyout And The Market Recovers

Did Binance just do what we think it did? The world’s biggest cryptocurrency exchange by trading volume will likely buy one of its biggest competitors. The market was in turmoil, the players were in panic mode, but this news calmed the waters in a big way. What’s next, though? Will Binance actually go through with […]

Bitcoin’s Decline Below $20,000 Proves The Bottom Is Not In

Bitcoin’s Decline Below $20,000 Proves The Bottom Is Not In

Bitcoin was tethering above $20,000 for the last week, and its ability to hold above this level through the FOMC announcement had led to speculations that the digital asset had finally hit its bottom. However, recent developments and bitcoin’s fall below $20,000 has proven that this is not the case. Even more, it points to […]

Bitcoin Bullish Signal: Supply Reaches All-Time High HODLing Levels

Bitcoin Bullish Signal: Supply Reaches All-Time High HODLing Levels

Data shows the Bitcoin supply has now reached all-time high HODLing levels, a sign that could be bullish for the price of the crypto. Bitcoin HODLed Or Lost Coins Metric Has Hit A New ATH As per the latest weekly report from Glassnode, investors have been showing some aggressive accumulation behavior recently. There are a […]

3 Top Altcoins That Defy The Market Retracement- REEF, LINK, VET

3 Top Altcoins That Defy The Market Retracement- REEF, LINK, VET

 LINK’s price holds strong as price eyes a rally to $12 after breaking out of its long-range accumulation zone.  REEF’s price continues to trend above key support as price broke out of its downtrend with eyes set for $0.01.  VET’s price remains strong, holding key support on the daily timeframes as the price trades above […]

Dogecoin retest support $0.1; Here Is why Doge Army Must Defend This Region

Dogecoin retest support $0.1; Here Is why Doge Army Must Defend This Region

 DOGE’s price needs to stay above $0.1 for the price to have a chance to rally high to a region of $0.15.  DOGE’s price continues to trend above key support of $0.1 as the hopes of rallying higher continue to dwindle.  DOGE’s price remains strong, holding key support on the daily timeframes as the price […]

Chainlink (LINK) Rejected At $9.20 But Picks Up Steam – Levels To Watch

Chainlink (LINK) Rejected At $9.20 But Picks Up Steam – Levels To Watch

While the broader crypto market is currently trying to recover from the shock surrounding FTX and the accompanying fears of a contagion effect, Chainlink has recorded the highest price increase within the top-100 by market cap within the last 24 hours. At press time, the LINK price was up 6.2% from the previous day, trading […]

VeChain (VET) Climbs 10% In Last 7 Days – What’s Going On?

VeChain (VET) Climbs 10% In Last 7 Days – What’s Going On?

The VeChain (VET) price has been able to build on its bullish momentum over the past week and is currently bucking the current market trend. As Bitcoinist reported, the entire crypto market is currently facing a major fear of a contagion effect triggered by the perceived troubles of the US exchange FTX. Within the top […]