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Bitcoin (BTC)

ApeCoin Charts Monthly High, Bitcoin Calm Below $17K (Weekend Watch)

Bitcoin continues to be unable to overcome $17,000, despite briefly jumping above that level yesterday. The altcoins have also calmed following the notable gains charted at the start of the weekend. ApeCoin, though, has marked a near one-month high. Bitcoin Stalls Below $17K 2022 brought little joy for the bitcoin bulls and the end of the year was quite similar, with the asset falling to a multi-week low of under $16,500. After a few calm days around New Year’s Day, the...

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The Scope of Crypto Winter: 70K BTC Millionaires Shook Out in 2022

With the turnover of the new year, Bitcoin price analyst predictions are out. Meanwhile, a survey of the damage from the protracted 2022 crypto winter shows 70K fewer BTC wallet addresses with $1 million USD worth of Bitcoin or more. It has now been over a year since Bitcoin’s (BTC) last all-time price high of $68,789 on November 10, 2021. Since then, at today’s fair market price on crypto exchanges of around $16,900 for the coin, the Bitcoin price had declined 75% from the...

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La Tentation du bitcoin

Nouvel ajout à la liste des établissements qui acceptent le bitcoin « on-chain » et Lightning : le restaurant La Tentation à Montbrun-les-Bains dans la Drôme. Adresse : Le chabrérieux, Montbrun-les-Bains – Tel : +33 4 75 28 87 26 « Le restaurant pizzeria “La Tentation” à Montbrun les Bains accepte les paiements en Bitcoin à depuis le 1er janvier 2023 ! (14 ans après le 1er bloc miné… il était temps !). J’ai pris soin de vérifier avec mon comptable que cette...

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Despite SEC Battle, XRP Investment Products Saw Record Inflows in 2022: Report

2022 saw many crypto-assets lose value, prompting investors to pull their money from the market. During turbulent times, inflows plummeted massively. According to the latest report by CoinShares, the digital asset inflow was recorded at $433 million, the lowest in four years. The last time figures were hovering near the current level was in 2018, when inflows stood at $233 million. Bitcoin saw the third-worst year for inflows with $287 million after declining by well over 60%...

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Singapore Takes Big Measures to Protect Crypto Holders

When it comes to risky assets like crypto, Singapore banks are no longer required to hold 1:1 in collateral, but rather 1.25:1. What this means is that for every $1 in cryptocurrency, a financial institution needs to hold $1.25 in regular cash. This is designed to ensure there are enough reserves in place to cover losses or other problems should the crypto industry decide to crash and burn all over again. Singapore Is Trying to Stop Future Crypto Problems 2022 was one of...

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Bitcoin Testing $17K But is Another Crash Imminent? (BTC Price Analysis)

Bitcoin’s price has broken above a significant moving average which has been acting as a resistance over recent weeks. The market seems ready to rise higher in the coming week if the remaining negative factors do not hinder the forming momentum. Technical Analysis By: Edris The Daily Chart: On the daily timeframe, the price has closed above the 50-day moving average to the upside at last, after failing to do so and getting rejected multiple times over the last few weeks. This...

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Gemini-DCG Fiasco May Shape to Be ‘Market Bottom Event’ in 2023: Report

According to the latest edition of Arcane Research, the entire market appears to be stabilizing even though there’s still some uncertainty left. Having said that, all eyes are on DCG’s next steps, which can further intensify downward price action. Bitcoin Volatility Nearing 30-Months Low Bitcoin’s current price action was defined as stale as its volatility slumbered toward rare lows. Data suggested that the largest coin’s 7-day volatility reached lows not seen for two and...

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Cynthia Lummis: Congress Needs to Pay Attention to Crypto

Republican Senator of Wyoming Cynthia Lummis says what happened with FTX is exactly why Congress needs to begin paying attention to cryptocurrency. She cited the bipartisan bill she established in early 2022 with New York congresswoman Kirsten Gillibrand (a democrat from New York) and said U.S. regulators need to give the bill their full attention so that what happened with the exchange can never happen again. Cynthia Lummis on the Future of Crypto in Congress Lummis is...

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Mt. Gox Extends Repayment Registration Deadline to March 30

Creditors of the defunct cryptocurrency exchange Mt. Gox have received more time to select and register how they wish to receive compensation from the company. According to a document from the exchange’s trustee Nobuaki Kobayashi, the registration deadline, which was previously set as January 10, 2023, has been extended to March 10 (Japan time) after receiving approval from the court. “The deadline for the Selection and Registration was January 10, 2023 (Japan time) but...

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Bitcoin, un détecteur d’imbéciles ?

« Nassim Nicholas Taleb vient de délivrer dans l’Express une interview à Laetitia Strauch-Bonart, par ailleurs autrice d’un De la France remarqué et dont on aurait aimé lire les commentaires. Ce texte est publié sous un titre tout en finesse et qui malheureusement le résume bien : “Le bitcoin est un détecteur d’imbéciles”. Comme il me paraît délicat de réserver de telles insultes à un cercle...

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