Spot Bitcoin exchange-traded funds (ETFs) are arguably the hottest topic in the cryptocurrency community for the past few weeks, a trend that was only solidified during the last several days. Recall that the SEC deemed all recent filings as “inadequate” last Friday, which put a major shade on all applications on whether they will be added to the growing list of rejections made by the securities regulator. However, all companies reacted swiftly and refiled with more “adequate”...
Read More »Powell Announces Potential Pause to Rate Hikes; BTC Slips
Jerome Powell – the head of the Fed – has announced that due to ongoing stress endured by the American banking system, he and his cronies will likely ease their hiking of interest rates. Strangely, the news has not done great things for bitcoin or crypto. In fact, prices took a small and temporary dive following the announcement. Jerome Powell Hints at Potential Curb to Rate Hikes This is arguably the attitude Powell should have had a long time ago. When banks are...
Read More »Bernstein: Bitcoin Mining Is Game of Nerves, Might See AI Diversification
CoinspeakerBernstein: Bitcoin Mining Is Game of Nerves, Might See AI Diversification Bernstein believes that going ahead only big players would be able to survive as mining costs continue to rise. Bernstein: Bitcoin Mining Is Game of Nerves, Might See AI Diversification
Read More »JPMorgan: Bitcoin ETF Approval by SEC Won’t Revolutionize Crypto
CoinspeakerJPMorgan: Bitcoin ETF Approval by SEC Won’t Revolutionize Crypto The report acknowledges that physically-backed Bitcoin ETFs offer certain advantages over futures-based funds. JPMorgan: Bitcoin ETF Approval by SEC Won’t Revolutionize Crypto
Read More »Space Kek #33 : Sujets libres et questions techniques
« Venez nous poser vos questions sur Bitcoin ! En live vendredi à 21h30. Vous pourrez demander la parole en live pour poser votre question. Vous pouvez également la noter dans le chat en direct ou en commentaire sous ce tweet. » – Loïc Morel. Où ? – Sur Twitter Quand ? – Vendredi 7 juillet 2023 à 21h30 Avec @louneskmt, @Sosthene___, @Loic_Pandul et @TheoPantamis ...
Read More »Bitcoin Cash Analysis: Fresh Rally Possible To $330
Bitcoin cash is eyeing a fresh rally above the $300 resistance against the US Dollar. The price is now trading above the $260 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $289 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $290 and $300 to continue higher in the near term. Bitcoin cash price is consolidating gains above $260 against the US Dollar, unlike...
Read More »Bitfinex Returns Portion Of Assets Stolen From 2016 Hack
Cryptocurrency exchange Bitfinex has recovered some of the funds it lost after being hacked in August 2016. The recovered assets will be used to compensate holders of the exchange’s Recovery Right Tokens (RRTs), which were issued to impacted creditors after the security breach. How Much Was Recovered? As announced by Bitfinex on Thursday, the United States Department of Homeland Security (DHS) has returned $312,219.71 in cash and 6.917 in Bitcoin Cash (BCH) accumulated from...
Read More »Will XRP Crash to $0.40? Bears Maintain Control (Ripple Price Analysis)
Ripple’s price action has been choppy lately, especially against USD. Against BTC, though, things are looking interesting in the short term. Technical Analysis By: Edris XRP/USDT Daily Chart: Against USD, the price has been consolidating in a narrow range between $0.45 and $0.5. The 50-day moving average, currently around $0.5, is currently pushing the cryptocurrency lower. If XRP drops toward the $0.43 level, the 200-day moving average near that price is expected to provide...
Read More »Here’s the Imminent Support to Watch as Bitcoin Tumbles Below $31K (BTC Price Analysis)
Bitcoin has been struggling to surpass the significant resistance region of $30K for some time now, despite an overall bullish outlook. Recent price movements have shown bearish signals that could potentially lead to a short-term reversal. Technical Analysis By Shayan The Daily Chart Bitcoin’s bullish rally has come to a halt upon reaching the crucial resistance region of $30K. This price range holds significant psychological resistance and has acted as a major barrier to the...
Read More »Crypto Prices Rise Following Positive Sentiment from Hong Kong
Towards the end of May, crypto prices rose somewhat following news that Hong Kong would permit retail trading and move in the opposite direction of its mainland countrymen. Hong Kong Says “Yes” to Crypto Trading Bitcoin, for example, which had been trading in the mid-$26,000 range for several weeks, eventually shot beyond the $27K mark for the first time in a while, while Ethereum – which had fallen into the $1,700 range – shot up to about $1,850. The jumps...
Read More »