Bitcoin (BTC) fell sharply on Feb 2 after being rejected by a descending resistance line. While it has rebounded at a short-term support level, the price action shows the possibility of more short-term downside prior to a
Read More
Silvergate Capital, an investment firm that is the parent company of the Silvergate Bank, acquired the technology and assets of Diem, the formerly Facebook-backed stablecoin payment system. The payment totaled $182 million. The technology and
Read More
Major on-chain metrics and activity for Bitcoin and Ethereum have been in decline over the past month according to recent analytics. According to research from The Block, key on-chain metrics for Bitcoin and Ethereum are still showing negative trends
Read More
The Bitcoin dominance rate (BTCD) is attempting to find support after a short-term rejection from a Fib resistance level. BTCD had been trading above the 40% horizontal support area since May 2021. The area was the catalyst
Read More
Hump-day provided a hurdle for cryptocurrency prices, which mainly consolidated, after a strong start to February. Bitcoin and ethereum were both trading lower during today’s session. Bitcoin BTC/USD followed up yesterday’s rally with a weak
Read MoreA massive amount of Bitcoin was transferred in just two minutes between anonymous wallets According to Bitcoin Block Bot that tracks large Bitcoin transfers and posts data related to them on Twitter, less than an
Read More
Bitcoin attempted to withdraw $39,000 but was stopped and fell to its current level of around $38,000. Most altcoins are fluctuating slightly less today, with Ethereum rising to $2,600. Chainlink and Axie Infinity are among
Read More
Bloomberg’s Mike McGlone Is Convinced Bitcoin and Ethereum Prices Will Most Likely Continue to Rise Mike McGlone, Bloomberg Intelligence’s senior commodity strategist, has opined that Bitcoin and Ethereum are still in early adoption days. https://twitter.com/mikemcglone11/status/1487408444000935941?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1487408444000935941%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fcryptosnewss.com%2Fbitcoin-and-ethereum-are-in-early-adoption-days-says-bloomberg-intelligence-analyst%2F
Read More
Old-school Bitcoin investors are not going anywhere despite major correction The number of old-school Bitcoin investors is steadily increasing as the market continues to fall, according to glass knot string data. As the metric suggests,
Read More
The Canadian singer Justin Bieber has purchased a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) for 500 ethereum or $1.29 million at the time of settlement. Bieber has a significant collection of NFTs and
Read More
