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Bitcoin (BTC)

Following Long Consolidation, BTC Now Facing Huge Resistance: Bitcoin Price Analysis

Bitcoin continues to print minor daily fluctuations as the price consolidates inside a tight range with low volatility. Currently, the price is testing a significant resistance area, and in case a rejection takes place – BTC is likely to retest lower-price areas. On the other hand, a breakout could lead to a mini-rally. Technical Analysis By Shayan The Daily Chart Bitcoin has failed to sustain above the 50-day and 100-day moving averages over the last few months. Most...

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State of Bitcoin in 2022: From HODler Confidence to Mining Transformation

2022 has been a brutal year for the crypto investors market by the harsh crypto winter. It all started with the collapse of the TerraUSD algorithmic stablecoin, which prompted other major crypto players to fall like dominos: Three Arrows Capital. Voyager Digital, Celsius Network, FTX, BlockFi. Not one project, protocol, or institution exists that hasn’t felt the sting of contagion this year. Bitcoin futures volumes are hovering near multi-year lows owing to the tightening...

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Is the Crypto Bear Market Coming to an End? 3 Key Indicators to Look

Valuations in the cryptocurrency market have dropped significantly from their all-time highs, with the total market capitalization losing around $2.2 trillion – a decline of around 73%. Many altcoins, including some from the large caps, have lost over 90% of their value since their all-time highs, and industry participants are scrambling to time the bottom. In light of the above, crypto analytics resource Nansen released a report that identifies systematic patterns in crypto...

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Joyeux Noël

Pour ne pas faillir à la tradition, le Père Noël nouvelle offre quelques satoshis au dix premiers qui en feront la demande via une requête LN * postée dans les commentaires. Joyeux Noël à tous. * Vous trouverez ici une liste d’applications permettant d’accéder au Lightning Network. Si vous débutez nous vous conseillons les suivantes : Phoenix, Blue Wallet, Wallet of Satoshi. ...

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Christmas Watch: Will 2023 Finally End Bitcoin Price’s Stagnancy Amid $17K?

With the end of the year approaching fast, the primary cryptocurrency continues to remain stuck at familiar ground at just over $17,000, begging the question if that’s about to change anytime soon. Most altcoins are also quite stagnant on a daily scale, aside from OKB, which has jumped by over 5% after the recent OKX proof-of-reserve statement. Bitcoin Boring Below $17K The past week saw a substantial price decline from bitcoin when the asset fell to a three-week low at...

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Airtm das neue PayPal?

Wird Airtm zur echten PayPal-Alternative? Im Jahr 2022 ist viel passiert. Unter anderem hat PayPal eine art Social Credit-System eingeführt und wurde damit ziemlich unbrauchbar. Denn mit PayPal kann man nur noch an bekannte und gut bewertete Accounts Geld senden. Wer aber beispielsweise einem Freelancer oder Digital Nomad in einem anderen Land einmalig einen Betrag für geleistete Arbeit senden will, hat es schwierig. Diese Zahlungen an neue Accounts...

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Australia Hints Crypto Regulation Will Arrive in 2023

The government of Australia has hinted it’s going to be implementing cryptocurrency regulations in 2023. The announcement comes on the heels of the FTX collapse, which will likely go down as one of the biggest embarrassments of the crypto space. Australia Could Regulate Crypto Next Year Australian Treasurer Jim Chalmers has stated that regulators are eager to ensure crypto traders remain protected. Chalmers acknowledges that digital currency trading in Australia is...

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The State of Bitcoin Development in 2022: NYDIG

The Bitcoin-focused investment group, New York Digital Investment Group (NYDIG), released a report in September examining how Bitcoin’s protocol has managed to attract such wide adoption despite its tiny developer ecosystem.  Here are the highlights: The network, which launched in early January 2009, has only 40-60 monthly active developers, according to the report.  This is not a static bunch. 1,140 developers have contributed to Bitcoin over its lifetime, with 5 to 10 new...

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Weekend Watch: Terra Classic (LUNC) Jumps 6%, Bitcoin Flat Amid $17K

The latest PCE data announced by the US yesterday brought little volatility to the crypto market, in which BTC dropped by a few hundred dollars but recovered almost immediately. The altcoins are still on a daily scale, with a few exceptions in the likes of Terra Classic, Decentraland, and Lido. Bitcoin Remains Chill at $17K Bitcoin dropped to a 3-week low on December 20 at $16,300 but reclaimed almost all lost value in less than a day. Another price decline two days later saw...

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OKX Proof-of-Reserves Report: Bitcoin, Ether, Tether Reserve Ratios Over 100%

Cryptocurrency exchange OKX released its second Proof of Reserves (PoR) on its website on December 22nd. The new report would enable users to view and self-verify the results of two PoRs with the help of open-source tools, the company said in an official statement. OKX also promised to publish the PoR report every month. OKX’s Proof-of-Reserves The report shows that OKX’s wallets held 113,754 BTC against a user balance of 112,192 BTC as of December 20th, 14:00 UTC. It has a...

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