September 2022 / 90 posts found
Huge Bitcoin Flows into Exchanges, Are the Markets Ready for a Drastic Move?
Cryptocurrency Bitcoin price continues to trade below $20,000 after hovering above these levels for a short time While the market remain highly volatile, Bitcoin price is flashing the signals of a massive jump regardless of the direction of the rally Bitcoin price nowadays is cemented between re-defined levels as the asset is experiencing equal pressure from both sides. Currently, no positive market sentiments are able to rise the price beyond the pivotal zones, but the FUD or any negative rounds squashes the previous gains in no time. In a recent update, the exchanges have witnessed a huge influx of Bitcoin […]
Is Bitcoin reaping more than what’s being sowed?
You are here: Home / News / Is Bitcoin reaping more than what’s being sowed? September 15, 2022 by Aishwarya shashikumar The crypto-verse has come to recognize organizations that acceptance and regulation go hand in hand. Neither the internet nor fiat are older than bitcoin. However, the crypto-verse draws a wide range of people and organizations into the market. Others have had a sporadic attitude toward the industry, while some have remained involved throughout. However, it appeared that MicroStrategy had no choice because its executive chairman Michael Saylor was all-in on the world’s largest cryptocurrency. Michael Saylor, Executive Chairman, MicroStrategy […]
This is When Bitcoin (BTC) Price Will See Short Term Rally Before Major Crash!
Bitcoin Ethereum Merge was expected to create volatility in the crypto space, and now even after the merge is completed it appears like the crypto market has nothing to do with it. However, the world’s first cryptocurrency, Bitcoin, is going ahead with its downward moment. It was on September 13 that Bitcoin saw a price down after hitting $22,799 and also formed extreme bearish momentum. This downfall saw Bitcoin testing $22,670 as a resistance area along with RSI plunging below 50. As per the reports, if Bitcoin continues with the same trend, BTC may plunge into the $19,000 area Bitcoin […]
Ethereum Can’t Compare to Bitcoin as Money: Tether CTO
Paulo Ardoino – Chief Technology Officer (CTO) at Bitfinex and Tether – recently commented on Ether’s usefulness as money, post-merge. The CTO believes the cryptocurrency cannot compete with Bitcoin as a form of money, due to design choices that have prioritized other objectives. Bitcoin is Money; Ether is Not As the CTO told Crowfund Insider on Tuesday, Ethereum is “stuck between claims of being a form of money and claims of being a platform.” As formulated in its whitepaper, Ethereum was designed as an “alternative protocol for building decentralized applications” that Bitcoin wasn’t well suited to support. From smart contracts […]
Historic Crash On Horizon! Robert Kiyosaki Says Invest in Crypto!
Bitcoin Bitcoin, which was maintaining its price levels above $22,000 for a while now, has lost that crucial area. The main reason for this is the recent release of August’s Consumer Price Index (CPI) data, which is indicating 8.3% year-on-year. Experts were anticipating an 8.1% figure, and thus, this increased stat has come as a shock for the entire crypto space. US CPI for August YoY coming in above expectations at 8.3% (expected 8.1%) but lower than in July with 8.5%. MoM core CPI coming in hot at 0.6% twice as high as the expected 0.3%. Not what the Fed […]
Bitcoin Outpacing Ethereum Ahead of the Merge
Bitcoin Key Takeaways Bitcoin is outperforming Ethereum despite “the Merge” approaching fast. Bitcoin’s dominance surged after hitting crucial support, and ETH:BTC seems to have topped at range high. If crypto history is any indication, Ethereum’s Merge could be a “sell the news” type of event. Bitcoin has outpaced Ethereum over the last few days, even as the number two blockchain prepares for its biggest update ever. Bitcoin Bitcoin Showing Strength Ethereum’s long-awaited upgrade to Proof-of-Stake is approaching, yet Bitcoin is still taking the spotlight. Bitcoin extended its gains Monday, currently trading at $22,229. Ethereum, meanwhile, is changing hands for $1,715 […]
Active Bitcoin Addresses Hit the Highest Level in Three Months
Amid a sharp price jump, Bitcoin, the world’s most dominant digital currency, has witnessed a spike in address activity during the past few days. According to Glassnode, an on-chain analytics platform, the total number of active BTC addresses (7-day Moving Average) touched 55,817 on 13 September 2022, which is the highest level in three months. The overall number of active Bitcoin addresses has climbed significantly in the last seven days as the digital asset spiked by over 12% in the mentioned period. With a market cap of more than $425 billion, BTC now accounts for over 40% of the overall […]