Despite stabilizing at the start of the week following a brutal sell-off last month, Bitcoin could plunge further, setting up Ethereum and other cryptocurrencies for a deeper correction…
The crypto markets face another downward momentum following a few weeks of persistent gains. Amidst this sudden price decline, well-known crypto and stock analysts ask investors to prepare for more hurdles. He believes the community will still be experiencing a more extensive bear market. Lark Davis thinks the crypto markets will not see a breakout […]
Cryptocurrencies Are A “Safe Alternative” In Steering Cross Broader Payments, Says Russia’s Prime Minister
Russia’s prime minister, Mikhail Mishustin has stressed the importance of incorporating digital assets in the country’s cross-broader payment structure. Speaking to bankers and government officials at the St. Petersburg Economic Forum on Tuesday, Mikhail stated that there was need to strengthen the country’s independence and financial self-sufficiency amidst the increasing threat of sanctions. The official […]
Bitcoin is currently experiencing a wild correction that is taking the asset back to lows not seen in over three weeks. This follows the recent bear market rally on whose back Bitcoin rode to $20.9k over the weekend. As BTC plummets below expected margins, a prominent analyst has warned of inevitable new lows. Bitcoin could […]
The crypto market has been erratic, affecting even the most resilient among them – Bitcoin. The coin has fallen from the highs of over $50k to the lows of under $20k since the start of the year. While the pains in the crypto market over these months were expected due to the looming global recession […]
Major cryptocurrencies kicked off the week on a low-key after a month of robust gains that coincided with the Federal Reserve increasing interest rates by the widely anticipated 75 basis points. Bitcoin, the world’s largest cryptocurrency by market capitalization, led other crypto assets in the go-slow after losing over 4% during the weekend. As of […]
Bitcoin (BTC) is currently trading in a temperate zone which has a pivotal role in the asset’s price movement. Amidst this tension, the Chief Investment Officer of American hedge fund AlphaTrAI has forecasted a bearish turn of events for BTC as the Nonfarm Payrolls (NFP) report indicate a higher employment rate. Max Gokhman believes BTC […]
Nevertheless, on-chain analysts are noticing an imminent light at the end of the tunnel, as a large percentage of the total BTC supply has remained unmoved for over a year.
Cryptocurrencies are enjoying the spotlight with more cities joining the train. The city of Portsmouth has seized the bull by the horn with the monumental announcement of allowing crypto payments for bills.
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