July 2022 / 86 posts found
After Losing $20K, is $15,000 the Next Target for BTC Bears? (Bitcoin Price Analysis)
Cryptocurrency There are no signs of strength or rebound in Bitcoin’s price while the cryptocurrency has been experiencing choppy price action with low overall volatility (with certain exceptions). The price is slowly decreasing to retest the demand zone at $18K after a short-term rally towards the $21K mark. Additionally, this zone aligns with the 2017 peak and offers psychological support. Cryptocurrency Technical Analysis By Shayan The Daily Chart On the other hand, as mentioned in our previous analysis, an expansion move is always accompanied by short- to mid-term consolidation and correction patterns. As is evident in the following chart, the […]
SEC Delays Decision on ARK 21Shares Spot Bitcoin ETF
The Securities and Exchange Commission (SEC) has delayed making a decision on ARK 21Shares spot Bitcoin exchange-traded fund (ETF) application, adopting the same playbook they used before rejecting Grayscale last month. The SEC has extended the window for it to decide whether to approve the ARK 21Shares spot Bitcoin ETF application. The securities’ regulator pushed back the date for a decision by 45 days to August 30. According to a filing, the SEC through Matthew DeLesDernier, its assistant secretary, stated that postponing its decision was appropriate to “earn sufficient time to consider” the proposals before it. The application for spot […]
Euro Hits 20-Year Low in Parity With the Dollar
Bitcoin Bitcoin The euro hit $1.0001 for the first time in two decades today. Key Takeaways The euro fell to a 20-year low of $1.0001 in Tuesday trading. A potential cutoff from Russian gas supplies and recession fears have accelerated the euro’s downturn. BitMEX’s Arthur Hayes has reaffirmed his view that Bitcoin could hit $1 million due to the collapse of the fiat money system. BitMEX co-founder Arthur Hayes said that the euro’s slide was a sign that Bitcoin could hit $1 million by the end of the decade. Bitcoin 1 EUR=1 USD The euro is starting to look almost […]
Kraken Daily Market Report for July 11 2022
Overview Daily spot trading volume: $452.3 million, 30 day average spot: $685.9 million. Total futures notional: $139.6 million. The top five traded coins were, respectively, Tether (↓0.03%), Bitcoin (↓4.2%), Ethereum (↓6.1%), USD Coin (↑0.0%), Solana (↓8.9%). Strong returns from Terra Virtual Kolect (↑20%), MXC (↑14%), and Ampleforth Governance Token (↑13%). July 11, 2022 $452.3M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD USDT $1.00 ↓0.03% $143.4M BTC $19947.00 ↓4.2% $131.3M ETH $1096.00 ↓6.1% $70.2M USDC $1.00 ↑0.0% $29.6M SOL $33.41 ↓8.9% $11.6M…
Bitcoin remains above $20k as the crypto market adds 2% to its value
Bitcoin The cryptocurrency market has had a positive start to the week, adding more than 2% to its value in the last 24 hours. The cryptocurrency market ended the previous week with a win and is starting this new week with positive performances. The total cryptocurrency market currently stands at around $920 billion, up by more than 2% in the last 24 hours. Bitcoin, the world’s leading cryptocurrency by market cap, has underperformed over the past 24 hours. BTC is down by less than 1% since the start of the day and continues to trade above the $20k level. Despite […]
Huge Crypto Price Prediction Reveals Bitcoin Could Almost Double By 2023
Bitcoin BTC and cryptocurrency prices have collapsed through 2022, with the bitcoin price losing almost 70% from its all-time high set late last year. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and successfully navigate the volatile bitcoin and crypto market The bitcoin price has this week climbed back over the psychological $20,000 per bitcoin level despite crypto billionaire Sam Bankman-Fried issuing a serious warning. Now, survey data has revealed the average cryptocurrency user expects the bitcoin price to bounce to around $38,000 over the next six months. Want to stay ahead of the market and understand the latest crypto […]