CoinspeakerArthur Hayes Says Bitcoin Bottom Is In, Predicts Slow but Steady Climb Back Up Hayes claims that the rise in BTC price will be driven by increased dollar liquidity from the Federal Reserve’s quantitative tightening taper and the US Treasury’s debt issuance plans. Arthur Hayes Says Bitcoin Bottom Is In, Predicts Slow but Steady Climb Back Up
Read More »Bitcoin (BTC) Regains $60,000 as US Fed Leaves Interest Rates Unchanged
CoinspeakerBitcoin (BTC) Regains $60,000 as US Fed Leaves Interest Rates Unchanged The Federal Reserve's decision had immediate repercussions in the financial markets, including the crypto sector. Bitcoin (BTC) Regains $60,000 as US Fed Leaves Interest Rates Unchanged
Read More »Crypto Liquidations Nears $360M as Bitcoin (BTC) Price Continues to Plunge
CoinspeakerCrypto Liquidations Nears $360M as Bitcoin (BTC) Price Continues to Plunge In addition to the decreased demand for Bitcoin ETFs, analysts also pointed to a slowdown in Bitcoin demand among institutional investors as a contributing factor to the market downturn. Crypto Liquidations Nears $360M as Bitcoin (BTC) Price Continues to Plunge
Read More »Bitcoin Dominance Peaked, Says Analyst, Altcoins to Take Charge?
CoinspeakerBitcoin Dominance Peaked, Says Analyst, Altcoins to Take Charge? Bitcoin market dominance drops fast as BTC price decreases all the way to $56,500. The Bitcoin demand growth and the whale interest have also been on the decline since March end. Bitcoin Dominance Peaked, Says Analyst, Altcoins to Take Charge?
Read More »BTC Bull Run Paused Following the Crash to $57K or Healthy Correction? (Bitcoin Price Analysis)
Bitcoin’s price has been consolidating above $60K over the last few months. Yet, the price has broken below the level today, and investors are in a state of panic, wondering if the bull market is over. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has created a large descending channel pattern since March. Yet, it has broken it to the downside, and the cryptocurrency is aggressively dropping toward the $52K support level. The 200-day moving...
Read More »Bernstein Report: Slowdown in Bitcoin ETF Inflows Is Short-term Pause
CoinspeakerBernstein Report: Slowdown in Bitcoin ETF Inflows Is Short-term Pause Chhugani and Sapra emphasize the time needed for Bitcoin to be widely accepted as a legitimate investment option for diversifying portfolios. Bernstein Report: Slowdown in Bitcoin ETF Inflows Is Short-term Pause
Read More »Bitcoin Miner Marathon Digital to Double Its Mining Capacity in 2024
CoinspeakerBitcoin Miner Marathon Digital to Double Its Mining Capacity in 2024 Marathon Digital said that the company won't be raising funds to achieve its target of 50 EH/s and that it would be fully self-funded. Bitcoin Miner Marathon Digital to Double Its Mining Capacity in 2024
Read More »Deciphering Bitcoin’s Halving Impact: Navigating New Market Realities
CoinspeakerDeciphering Bitcoin’s Halving Impact: Navigating New Market Realities The altered dynamics, as many point out, to be caused by Bitcoin halving might introduce shifts that might be difficult for new crypto adopters to grasp and understand. Deciphering Bitcoin’s Halving Impact: Navigating New Market Realities
Read More »Bitcoin’s Chop Continues, XRP Gains as Ripple v. SEC Trial Begins, and More: This Week’s Crypto Recap
The market continues to chop, clearly unable to pick a definitive direction throughout the past seven days. The total capitalization currently stands at around $2.5 trillion, more or less where it was during the same time last week. However, there’s been substantial volatility, sending many leveraged traders into liquidations. Let’s have a look. Starting with Bitcoin, it has failed to make any progress during the past seven days, but this wasn’t due to a lack of effort. On...
Read More »BTC Holds at $64K as Bulls Eye This Level Next (Bitcoin Price Analysis)
Bitcoin’s price has been consolidating since early March, failing to continue its uptrend. Yet, the cryptocurrency might soon get back on track and create a new all-time high. Bitcoin Price Analysis: Technicals By TradingRage The Daily Chart On the daily chart, the Bitcoin price has been consolidating between the $60K and $70K levels over the past couple of weeks. The recent rejection from the $70K zone has driven it down toward the $60K support level. Yet, the level has held...
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