bitcoin / 326 posts found
Bitcoin Price Loses $19k, Massive Volatility Ahead, Claims Arcane Research Analyst
The crypto market volatility has driven away the market participants as the world’s first cryptocurrency, Bitcoin has lost its crucial area of $19,000 and has dropped below $18,500 area. For a long time Bitcoin had maintained its price trade around $19,000 level and now after dropping below the said range, it appears that the King currency might attract more lows. At the time of writing, Bitcoin is valued at $18,354 after a fall of 3.90% over the last 24hrs. As per research analyst at Arcane, Vetle Lunde, the pace at which the crypto market’s volatility is increasing it seems like […]
Bitcoin Price Analysis – Technicals Reveal A Shocking Trend
Bitcoin Recently, Bitcoin (BTC) slipped below its 20-day MA and has been struggling to hold onto the $19,000 stable mark as well. Hence, the bearish movement seems very likely as the momentum indicators are also pointing to added negative pressure. A popular crypto strategist and trader, Kaleo, has put forward a theory saying Bitcoin (BTC) is prepping for a rally that may shrug away many traders towards the sidelines. It is very common for traders to look at the inverted chart of an asset to check on their bias from a different perspective. Similarly, Kaleo informs his 535,200 Twitter followers […]
BNY Mellon Will Hold Bitcoin and Ethereum for Clients. Here’s Why It Matters
Bitcoin Bitcoin BNY Mellon will commence receiving Bitcoin and Ethereum for customers today, The Wall Street Journal has reported. Key Takeaways BNY Mellon will start receiving Bitcoin and Ethereum for clients this week after winning approval from New York’s financial regulator, The Wall Street Journal has reported. The centuries-old Wall Street bank has increasingly taken steps to embrace crypto this year. While crypto winter has cast doubt on the space’s future, institutional interest in the space is still strong. BNY Mellon has taken several steps to embrace digital assets this year. Bitcoin BNY Mellon Offering Crypto Custody America’s oldest bank […]
Market Wrap: Bitcoin Trades Flat Ahead of Inflation Report
Glenn C Williams Jr, CMT is a Crypto Markets Analyst with an initial background in traditional finance. His experience includes research and analysis of individual cryptocurrencies, defi protocols, and crypto-based funds. He owns BTC, ETH, UNI, DOT, MATIC, and AVAX Bitcoin and ether started the work week slightly lower as markets await U.S. inflation data due Thursday. Impactful economic data announcements will be light until that point, although investors will be scrutinizing September’s Federal Open Market Committee minutes, which the U.S. central bank will release Wednesday. The minutes will shape expectations for FOMC’s aggressiveness at its next meeting. FOMC is […]
Iranian Bitcoin Advocate Ziya Sadr Arrested by Iranian Security Forces
Eli is a news reporter for CoinDesk. He holds ETH, SOL and AVAX. Ziya Sadr, an Iranian Bitcoin advocate, was arrested by Iranian security forces last month, according to multiple sources. Nima Yazdanmehr, who said he is a friend of Sadr, told CoinDesk the arrest took place on the streets of Tehran on Sep. 19 and that Sadr has not been released. The arrest came amid widespread anti-government protests over the state killing of 22-year-old Mahsa Amini. Sadr is a popular Bitcoin educator and Youtuber, as well as an advocate for the technology. He’s translated Bitcoin content into Farsi and […]
Market Wrap: Bitcoin, Other Risk Assets Fall Again Following Disappointing Jobs Data
Cryptocurrency Glenn C Williams Jr, CMT is a Crypto Markets Analyst with an initial background in traditional finance. His experience includes research and analysis of individual cryptocurrencies, defi protocols, and crypto-based funds. He owns BTC, ETH, UNI, DOT, MATIC, and AVAX Bitcoin and ether traded down to close the week, decreasing in line with traditional risk assets, though not to the same extent. The CoinDesk Market Index (CMI), a broad-based market index that measures the performance of a basket of cryptocurrencies, decreased -0.80%. In traditional financial markets, the Dow Jones Industrial Average (DJIA), tech-heavy Nasdaq Composite and S&P 500, which […]
Bitcoin Cash maintains choppy movement. Are buyers relentless?
Bitcoin Bitcoin Cash has held close to $110 for three months now The cryptocurrency’s price movement has reflected that of Bitcoin BCH has formed multiple bottoms, suggesting a possible price reversal at $110 Bitcoin Cash BCH/USD bulls have been sending a clear message. That they want to keep the $110 level intact. Even when the markets are under pressure, BCH has always held to the level since June. Well, the price dynamics of Bitcoin Cash resemble those of the parent blockchain, Bitcoin. The latter has been the king of crypto. Thus, it is expected that Bitcoin will steal all the headlines in […]