First Mover Asia: Bitcoin Claws Back Above $20K; Singapore Bank Head’s Speech Reflects Growing Crypto Hostility

In his speech, Ravi Menon spoke in favor of digital asset innovation but not cryptocurrency speculation. But the Monetary Authority of Singapore’s approach may not be realistic.

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Why Bitcoin's HODL theory may be long-gone; BTC investors should watch out for...

Bitcoin [BTC]’s HODL narrative has been losing steam in the last few months. The market has shifted in favor of short-term profits and this has had a toll on Bitcoin’s performance. Especially its The post Why Bitcoin's HODL theory may be long-gone; BTC investors should watch out for... appeared first on AMBCrypto.

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Bitcoin traders still favor new $20K lows as Ethereum hits $2K

It is high time for a deeper retracement on the "relief" rally in Bitcoin, say commentators, but upside targets of $28,000 stay on the table.

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Bitcoin Stock-to-Flow model creator PlanB promotes ‘quant investing’ via ByBit to ‘100x’ HODL strategy

PlanB, the infamous creator of the stock-to-flow (S2F) model for Bitcoin, has seemingly abandoned the HODL strategy in favor of “quant investing” through ByBit. The post Bitcoin Stock-to-Flow model creator PlanB promotes ‘quant investing’ via ByBit to ‘100x’ HODL strategy appeared first on CryptoSlate.

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Swedish Energy Minister Prefers Green Steel Over Bitcoin Mining

Sweden's Energy Minister eschews bitcoin mining in favor of a manufacturing sector employing citizens. The post Swedish Energy Minister Prefers Green Steel Over Bitcoin Mining appeared first on BeInCrypto.

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Michael Saylor Sings Bitcoin’s Praises As U.S. Inflation Jumps To New 40-Year High

Now, once again, the longtime bitcoin maximalist has spoken out in favor of the cryptocurrency after inflation in the United States inflation paced to a fresh four-decade high.

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Binance Users Vote in Favor of Keeping Free Transactions

Binance users want the crypto exchange to maintain its transaction-free service for bitcoin, according to a recent poll by CEO Changpeng Zhao. The post Binance Users Vote in Favor of Keeping Free Transactions appeared first on BeInCrypto.

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SEC Still Against Spot-based Bitcoin ETFs. Is There A Light At The End Of The Tunnel?

With the approvals of futures bitcoin ETFs, firms have taken it one step further and have applied with the Securities and Exchanges Commission (SEC) for spot-based bitcoin ETFs. However, unlike their futures and short counterparts, the spot ETFs have not found favor in the eyes of the regulatory watchdog.

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Bitcoin Is Losing Favor On Darknet Markets

A deep dive into how Bitcoin’s lack of privacy and, by extension, its insufficient fungibility has led to its loss of market share in darknet markets.

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De-Leveraging The Eurodollar System In Favor Of Bitcoin

The eurodollar has been an instrument that allowed for massive global credit and leverage. Bitcoin will benefit from the de-leveraging of that failing system.

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Bitcoin creeps toward $30K, but data shows bears in favor for Friday’s $1.8B BTC options expiry

Traders are calling for a “relief rally” to $35,000, but derivatives data shows bears stand to profit from this week’s $1.81 billion BTC options expiry.

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Three Factors That Will Favor Bitcoin Vs Crude Oil This Decade: Bloomberg’s Chief Expert

Bloomberg’s Mike McGlone bets on Bitcoin price versus crude oil this decade

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Largest difficulty drop since July 2021 — 5 things to know in Bitcoin this week

Bitcoin is getting a dose of reality this week as the World Economic Forum convenes, and analysts still favor a fresh BTC price drop.

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CleanSpark, Hut 8 Stocks Lead Bitcoin Miner Rally as Markets Bounce Back

Those miners with larger operations and lower costs are winning favor with investors amid volatile market conditions.

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Bitcoin pushes to $40K, but are bulls strong enough to win Friday’s $735M options expiry?

$735 million in BTC options expire on May 6 and data suggests that the current macroeconomic conditions will continue to favor bears.

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City of Fort Worth votes in favor of Bitcoin mining program

"We are going to become the first city in the world to mine Bitcoin here on site at city hall," said Fort Worth Mayor Mattie Parker.

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How Binance's CZ makes a very optimistic case for Bitcoin in the future

Changpeng Zhao, Founder and CEO of Binance, in a recent podcast spoke in favor of a bright future for Bitcoin. The Bitcoin adoption process has already taken off in many parts of the world. But CZ is The post How Binance's CZ makes a very optimistic case for Bitcoin in the future appeared first on AMBCrypto.

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MEP Stefan Berger: ‘Yes, we need regulations, but you still have to leave room to breathe’

In an interview with Cointelegraph, the German politician explains why some forces in the European Parliament have suddenly come out in favor of a Bitcoin ban.

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Mike Novogratz Doubles Down On $500,000 Bitcoin Prediction

Mike Novogratz has once again reiterated his support for the $500,000 future prediction for bitcoin. The Galaxy Digital CEO who was recently at the Bitcoin 2022 conference held in Miami had spoken in favor of the cryptocurrency once more, highlighting the future potential of the digital asset.

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BTC v. ETH: Can the 'planet’s largest decentralized network' surpass Bitcoin

There are competing factors that favor one cryptocurrency over the other. In the case of Ethereum, the blockchain’s smart contract capability has been the game-changer. Also, Ethereum's transitioThe post BTC v.

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Bitcoin derivatives metrics favor a move to $48K, but only after a lower support retest

Analysts are mostly bullish on BTC’s short term price action, even if a retest of the $45,000 level must happen first.

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New Senate candidate Bryan Solstin claims Bitcoin as “the Great Reset,” but will it work in his favor?

Last week, the world witnessed a successful utilization of crypto adoption in winning the presidential elections. The post New Senate candidate Bryan Solstin claims Bitcoin as “the Great Reset,” but will it work in his favor? appeared first on CryptoSlate.

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Bitcoin Dominance Will Continue To Decline In Favor Of Ethereum, Altcoins, FTX US President

Bitcoin has maintained dominance over altcoins like Ethereum and others for the longest time. This dominance, although has declined over time, still helps the digital asset maintain its title as the most valuable cryptocurrency in the space.

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As tensions mount over Ukraine, is Russia weening itself off dollars in favor of Bitcoin?

Wednesday saw Russia announce plans to recognize Bitcoin and other cryptocurrencies legally. The post As tensions mount over Ukraine, is Russia weening itself off dollars in favor of Bitcoin? appeared first on CryptoSlate.

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JP Morgan readjusts long-term BTC price prediction to $150k, but 'fair-value' is set at..

Financial services giant JP Morgan Chase has once again upped its long-term price prediction for Bitcoin, even as its analysts don't view short-term fundamentals to be working in its favor. In a reThe post JP Morgan readjusts long-term BTC price prediction to $150k, but 'fair-value' is set at.. appeared first on AMBCrypto.

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Bitcoin: JP Morgan readjusts long-term target to $150k, but 'fair-value' is set at..

Financial services giant JP Morgan Chase has once again upped its long-term price prediction for Bitcoin, even as its analysts don't view short-term fundamentals to be working in its favor. In a reThe post Bitcoin: JP Morgan readjusts long-term target to $150k, but 'fair-value' is set at.. appeared first on AMBCrypto.

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These indicators may favor Bitcoin and Ethereum despite a rocky start to 2022

The entire cryptocurrency market is off to a rocky start in 2022. Bitcoin notched a three-month low as global markets continued their New Year sell-off due to different factors. Ethereum fared even wThe post These indicators may favor Bitcoin and Ethereum despite a rocky start to 2022 appeared first on AMBCrypto.

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Bitcoin Steadies At $37,000, But What Are Options Traders Doing?

Bitcoin price has been trending around $37,000 since it last broke out of the funk of the market crash. Since then, the digital asset has continued to record low momentum but bears and bulls look to remain in a tie for who will eventually move the price in their favor.

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SEC rejects application for Fidelity’s Wise Origin Bitcoin Trust spot ETF

The regulatory body said any rule change in favor of approving the ETF would not be aimed at preventing “fraudulent and manipulative acts and practices” nor would it necessarily “protect investors and the public interest.”

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Putin Supports Bitcoin Mining in Russia: Report

The Russian President is reportedly in favor of a welcoming regulation for bitcoin miners despite the Bank of Russia’s ban recommendations.

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Putin In Favor Of Bitcoin Mining, Opposes Crypto Ban Proposal

President Vladimir Putin argued in favor of bitcoin mining citing the competitive advantages it brings for the country, thus opposing the crypto mining ban recently proposed by the Central Bank following the pressure from Russia’s Federal Security Service.

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Bitcoin dips below $42K as new forecast says breakout 'most probable outcome' for BTC price

The latest "death cross" on the Bitcoin daily chart is swept aside in favor of buy-in signals and an "eventual" surge towards $50,000.

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Ethereum, Solana, Fantom Price Analysis: 09 January

While Bitcoin reentered the $41,000-zone, Ether and Solana lost their golden 61.8% Fibonacci support. Their near-term technicals skewed in favor of the sellers. On the other hand, Fantom lost over The post Ethereum, Solana, Fantom Price Analysis: 09 January appeared first on AMBCrypto.

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Fantom rally continues but here’s why an ATH may have to wait 

Bitcoin's move above the $50K mark seemed to favor a lot of altcoin rallies. However, with the bullish winds fading away as BTC slipped under $48K, the global crypto market cap saw a 5.29% decrease ovThe post Fantom rally continues but here’s why an ATH may have to wait  appeared first on AMBCrypto.

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Ray Dalio Reiterates Bitcoin’s “Merit” As A Portfolio Diversifier, Calls it “Younger Generation’s Alternative to Gold”

Ray Dalio, the founder of the world's largest hedge fund, Bridgewater Associates, with more than $220 billion in Assets Under Management (AUM), yet again spoke in favor of having Bitcoin in an investment portfolio.

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Craig Wright 'wins' multi-billion dollar Bitcoin lawsuit on all grounds except one

Self-proclaimed Satoshi Nakamoto, Craig Wright, just won a major lawsuit where the Miami jury ruled in his favor. He was pitted against the family of his 'former business partner' with 1.1 million BitThe post Craig Wright 'wins' multi-billion dollar Bitcoin lawsuit on all grounds except one appeared first on AMBCrypto.

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Dogecoin, Bitcoin Cash, SAND Price Analysis: 18 November

As Bitcoin and most altcoins stifled over the past few days, Dogecoin and Bitcoin Cash touched their three-week low on 16 November. Their near-term technicals inclined in favor of sellers but possiblyThe post Dogecoin, Bitcoin Cash, SAND Price Analysis: 18 November appeared first on AMBCrypto.

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SEC rejects VanEck’s spot Bitcoin ETF as BTC price falls below $63K

The SEC claimed any rule change in favor of approving the ETF would not be “‘designed to prevent fraudulent and manipulative acts and practices” nor “protect investors and the public interest.”

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Nearly Half of Brits Support Banning Bitcoin

45% of Britons would be in favor of banning Bitcoin to save the planet

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Could A Bitcoin ETF Set A New BTC Price Top? Top Analyst Thinks So

Bitcoin has been taking the spotlight in the crypto market as it makes its way back into previous highs. Beyond the recent volatile weekend to the upside, something seems to be brewing in favor of the BTC bulls, for the time being.

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Declining Bitcoin Prices Triggers Renewed Interest As Number Of Small-Time Investors Grow

Bitcoin price recently suffered another crash that sent the price of the asset dropping towards the low $40,000s again. This one, however, has been significant in its cash and recovery patterns, and subsequent on-chain data suggests that this most recent crash may have worked in the favor of the digital asset. This is because interest […]

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What is this 'small,' but 'loud' Bitcoin subculture some call 'toxic'

The tussle between Bitcoin maximalists and everyone else, traditionally those in favor of the market's altcoins, has been long drawn out. While many of the former believe Bitcoin is the one and The post What is this 'small,' but 'loud' Bitcoin subculture some call 'toxic' appeared first on AMBCrypto.

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Billionaire Howard Marks: Bitcoin Has Advantages Relative To Gold

The Oaktree Capital's chairman said that different than in 2017, he now understands the arguments in favor of Bitcoin.

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Chainlink and Uniswap - Here's the caveat to these '$30 altcoins'

Investors primarily favor Bitcoin and Ethereum. Always have and perhaps, always will. However, of late, some of that interest has been moving into the market's altcoins. And for that very reason, thisThe post Chainlink and Uniswap - Here's the caveat to these '$30 altcoins' appeared first on AMBCrypto.

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El Salvador Authorities Greenlight $150 Million Bitcoin Integration Fund

Salvadoran lawmakers have approved a bill aimed at setting up a $150 million fund that would facilitate the country’s bitcoin (BTC) integration project. A total of 64 Salvadoran Congressmen voted in favor of the bill while 14 members opposed it, according to a Reuters report on August 31, 2021. El Salvador Sets Aside $150 mIllionRead More

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Bitcoin Banning China Starts Falling Out of Favor, Crypto Booming India Brought In

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Can Bitcoin, Ethereum, Or Dogecoin Break The GameStop Puzzle? Crypto Users Chime In

The debacle of the GameStop situation has sparked arguments in favor of decentralized finance (DeFi) protocols recently.   Proponents of DeFi protocols have said that the information asymmetry and censorship that resulted in investors losing their investments would have not occurred on DeFi platforms.

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How a drop in this Bitcoin metric can work in its favor

Yet another week followed by yet another incessant range-bound movement and seemingly tougher highs and lows for Bitcoin that sharply impacted the king coin’s social data. While there is no denying The post How a drop in this Bitcoin metric can work in its favor appeared first on AMBCrypto.

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'Here's why there's no middle ground' with Bitcoin

One of the most commonly cited advantages in favor of Bitcoin against fiat currency is that the latter is subject to inflation or reduced value, over time. Bitcoin, on the other hand, with its fixed sThe post 'Here's why there's no middle ground' with Bitcoin appeared first on AMBCrypto.

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