Bitcoin Price At Risk Of Further Squeeze, BTC Bulls Defend $20,000

The Bitcoin price is holding on at its current levels with bullish momentum fading on lower timeframes. The crypto market’s recent sideways price actions seem related to the upcoming macroeconomic events and their potential influence across global markets.

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Riding Out The Crypto Winter With Rocketize Token and Polygon

The crypto market is just like every other market. It is no stranger to the bull and bear market. Unlike other markets, the crypto market is further plagued with extreme volatility and instability thanks to its decentralized nature.

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UK introduces crypto regulation amendment to finance markets bill

The UK government is seeking to provide further clarity on the regulation of cryptocurrencies, per the latest amendment to the Financial Services and Markets bill. According to an amendment note introduced on Friday, 21 October, the UK legislature wants to give regulators more control over crypto ads and ban unregistered crypto service providers.

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Grayscale Files Lawsuit Against the SEC, Cryptocurrency Markets Are Unchanged

The low volatility trend and sideways trading seen this week are still present in today’s cryptocurrency markets. Even though trading volume yesterday remained comparatively high, we anticipate further drops this Thursday for top crypto assets like Bitcoin and Ethereum.

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No Pivot In Sight: Why Bitcoin Could See More Pain As Inflation Strengthens

Bitcoin trends lower moving towards the bottom of a range created in July when the cryptocurrency scored a multi-year low at $17,600. Now, BTC seems poised for further losses on low timeframes as macro forces remain in control of global markets.

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Price analysis 10/7: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, MATIC

Markets corrected as U.S. jobs data reflected a stubbornly robust labor market, adding further confirmation to investors’ belief that the Federal Reserve will continue with its aggressive rate hikes.

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Global Markets and Bitcoin on Macro Support, All Eyes on DXY

Global markets and cryptocurrencies have been experiencing deep declines for months. The strong correlation of Bitcoin's price with traditional stock markets further exacerbates this trend. Dominating all of this is the parabolic rise of the U.

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ECB Hikes Interest Rate 75 Basis Points as Inflation Hits

Crypto markets reacted calmly to the news, but it may presage further aggressive action by central banks

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Bitcoin Is on Verge of Further Downfall, But S&P 500 May Save It

Fear weighs on crypto market, but there is still small chance of help from traditional markets

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Crypto & Stock Analyst Warns of Further Relief Rallies Before Eventual Breakout

The crypto markets face another downward momentum following a few weeks of persistent gains. Amidst this sudden price decline, well-known crypto and stock analysts ask investors to prepare for more hurdles.

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Tether and Kraken Transparency Audits Aimed at Boosting Further Confidence Into The Crypto Markets

Tether Holdings Limited has released its June 2022 Assurance Consolidated Reserves Report. The debate on the reserves held by Tether has been ongoing, with Tether asserting that its tokens are pegged at 1-to-1 with a matching fiat currency and are backed 100% by Tether’s reserves.

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‘We Expect The Crypto Bear Cycle To Last For 12-16 Months’ — Coinbase CEO Armstrong

Coinbase CEO Brian Armstrong foresees the ongoing crypto winter crossing over into 2023 as fears of a further meltdown by markets across the board surge.

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Crypto Markets Look To This Week’s Jackson Hole Economic Policy Symposium For Further Direction

This week, the annual Jackson Hole Economic Policy Symposium will be held from August 25-27 in Wyoming, US. The symposium draws participants from central bankers, finance ministers, policymakers, academics, and other financial market participants worldwide.

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Over 200k BTC Has Been Dumped By Institutions Since May In The Heat Of The Bear Market

The last three months have not been particularly favourable to the crypto markets – the Terra collapse amidst the steadfast Crypto Winter further exacerbated the effects of the sharp decline in crypto prices.

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Robinhood cuts a further 23% of its workforce citing “Broad Crypto Market Crash”

Robinhood Markets Inc. (NASDAQ: HOOD), on Tuesday, announced that it will have to lay off a further 23% of its workforce after laying off 9% at the beginning of this year. The online brokerage firm blamed the declining crypto market for the drastic move.

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This is how the crypto market, especially BTC and ETH, reacted amid latest Fed hike

The Federal Reserve increased the interest rate by a further 0.75% and the crypto markets responded bizarrely. The U.S. interest rates are back to pre-pandemic levels as the battle against inflation rThe post This is how the crypto market, especially BTC and ETH, reacted amid latest Fed hike appeared first on AMBCrypto.

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Market Wrap: Bitcoin Declines Further as Momentum Wanes

BTC is approaching support at about $20.5K; options markets implies concerns of additional declines in price.

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Cryptocurrencies Will No Longer Be Taxed In South Korea For The Next Two Years

The South Korean authorities have further postponed the implementation of its cryptocurrency taxation system for another two years. The government cited the devastating conditions that have plagued the markets of late as one reason, further highlighting the preparatory period required to fully enact suitable investor protection measures in the crypto space as a second reason. […]

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Why is half a billion in Bitcoin flooding market as Celsius faces fraud allegations?

Embattled crypto lender Celsius, who are staring insolvency in the face due to knock-on effects of the crypto contagion, about which I wrote a deep dive here last month, may be landing a further body blow to the crypto markets.

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Market Wrap: Recession Fears Halt Crypto Bounce

Analysts see too few positive signs to sustain a crypto rally as investors position for further pain in traditional markets.

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Unizen Plots Expansion Of CeDeFi After Securing $200M From Alternative Investment Group GEM

Unizen now has all the incentive it needs to further the cause of centralized-decentralized finance, having secured a $200 million funding commitment from the alternative investment group Global Emerging Markets.

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US Banking Watchdog Says Crypto Turmoil Reinforces Cautious Approach

Michael Hsu, chief of the Office of the Comptroller of the Currency (OCC), said the recent fireworks in the crypto industry have further cemented his resistance to allowing lenders unfettered exposure to the digital assets markets.

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Bitcoin, Ethereum Price Down Over 30% This Week, Terra Classic (LUNC) Overtakes Terra 2.0 (LUNA) in Market Cap

Even with the Fed raising interest rates by unprecedented amounts, last week’s Consumer Price Index (CPI) numbers showed a further 6% gain. Record gas prices continue to drive inflation at an incredible rate, causing uncertainty in global markets.

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Market Wrap: Bitcoin and Stocks Drop; Analysts See Risk of Further Downside

Bitcoin (BTC) declined alongside equities and other cryptos on Friday. The higher-than-expected U.S. CPI print triggered risk-off sentiment across global markets. Technical indicators suggests risk of additional downside over the short-term.

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Britain Is Making Moves Toward Becoming Global Crypto Hub, Plans to Implement Blockchain into Traditional Markets

Britain takes further steps and plans to deploy blockchain to TradFi

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Bitcoin Struggles To Hold $40K While Crypto Track US Stocks

Crypto is mirroring stock markets’ gains again today, with Wall Street’s sharp climb after opening higher likely to provide further impetus for Bitcoin. Last Friday, the crypto market saw a significant decline correlating US Indexes.

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U.S. Dollar Index (DXY) Reaches Long-Term Resistance

The U. S. Dollar Index, which has experienced rapid growth in recent weeks, has reached long-term resistance. Much depends on the DXY's further movements, not only in the broad financial sector, but also in the Bitcoin and cryptocurrency markets.

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Is Bitcoin 'cheap' below $40,000? BTC derivative metrics are mixed

Bitcoin options markets are pricing further downside while margin traders are going increasingly long.

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Cardano’s ADA Dives 18%, Leading Plunge in Cryptos as Russia Begins War With Ukraine

Cryptocurrency markets followed a slide in global stocks and futures as Russian troops went further into Ukraine territory this morning.

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Social media giant Twitter makes further inroads into the NFT world thanks to QuickNode

While initially it was just major financial entities — such as PayPal, Square, Microstrategy, amongst many others — dipping their toes into the blockchain scene, now we have players from a host of other realms also making their presence felt across these markets.

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Robert Kiyosaki: I will Buy More If Bitcoin Retest $20k

Bitcoin has dropped to a low of $33,064 and could go further due to the negative sentiment that is permeating the markets. Robert Kiyosaki, an American businessman and author, is unconcerned with the recent price dip in the Bitcoin market.

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Bitcoin sells off after $44K resistance tap, eliciting scrutiny from options traders

Analysts say Bitcoin’s strong rejection at $44,000 is further proof that derivatives markets play a significant role in the asset’s price dynamics.

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Seba Bank raises $119M in Series C funding

“This funding will allow us to further develop our digital asset banking platform and strengthen our presence in global markets by attracting new talent,” says Guido Buehler, CEO of Seba Bank

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Why Volatility Is So Predominant in Crypto Markets, and How to Protect Your Portfolio Against It

With the market capitalization of all cryptocurrencies dipping as a whole by 23% from all-time highs, it’s easy to tell we’re in a bear market. While some believe prices will fall further, others are still more hopeful for a retracement of recent highs.

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US Bitcoin ETF favors Australian approval, but Aussies need to go further

If Australia can embrace the crypto asset class, it could very realistically see an injection of new capital into its markets and the broader economy.

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Look out below! Dogecoin risks further downside after a key support is tested

Some analysts point to Binance’s pause on DOGE withdrawals as the catalyst for the altcoin’s pullback, but data suggests overheated derivatives markets may have been a factor.

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Chainlink price spikes double digits as crypto markets extend weekend gains

The LINK/USD pair could surge a further 20% if bulls see fresh moves above… The post Chainlink price spikes double digits as crypto markets extend weekend gains appeared first on Coin Journal.

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Ethereum London Hard Fork: What Went Wrong? Core Devs Review It

Ethereum pushes further into previous highs north of the $3,000. The second cryptocurrency by markets cap recently received a major upgrade, implemented via the “London” Hard Fork. This changed the network’s entire fee model and, according to some experts, has attracted new investors into the market.

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Jim Cramer calls Tether (USDT) the ‘Achilles heel’ of crypto while USDC gets auditor greenlight

Triggered by this week’s sell-offs, Jim Cramer expressed his concerns that Tether, as “the Achilles heel” of cryptocurrency, brings further risk exposure to markets. The post Jim Cramer calls Tether (USDT) the ‘Achilles heel’ of crypto while USDC gets auditor greenlight appeared first on CryptoSlate.

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Cathie Wood’s ARK Invest Doubles Down On Bitcoin, Buys A Further $13M Worth Of Grayscale Shares

Increased concerns of the Delta variant ravaged stock markets as well as crypto markets with bitcoin slipping below the $30K support level on Tuesday for the first time in a month. While everyone was scurrying for the exits, Cathie Wood’s ARK Invest was buying, per trading records.

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Crypto markets tumble after miners unload 5,000 BTC in one week

With Bitcoin’s price consistently trending below its 200-day moving averages and heavy selling identified among miners, some analysts are bracing for further bearish momentum.

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Bearish Bitcoin bites, fears of further falls, regulation woes build: Hodler’s Digest, May 23–29

Bearish signals are growing in the crypto markets as tighter regulations and environmental concerns cast a dark shadow over Bitcoin.

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Crypto Markets See Record-Setting Week, ETH Enjoys New Highs

Ethereum and bitcoin posted record-setting inflows last week. Further analytics from a recent CoinShares report shows investors dumped more money into crypto last week than any week since February.

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“Exponential Decay” Of The Dollar To Benefit Bitcoin Long-Term

Bitcoin is now reeling after a rejection prevented further highs around the time Coinbase Global went live on the Nasdaq. The same stock market has also been booming alongside crypto – both markets gone parabolic against a common denominator: the dollar.

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Dogecoin leads gains as crypto markets crash further

Over 1 million trading accounts were liquidated over the weekend.

The post Dogecoin leads gains as crypto markets crash further appeared first on CryptoSlate.

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Zeitgeist Raises $1.5M From Private Investors to Further Build Prediction Markets on Polkadot and Kusama Ecosystems

Zeitgeist, an evolving blockchain ecosystem that is built for prediction markets and futarchy, has raised $1.5 million from private investors to further venture into the prediction market. According to the startup, the raised capital will also be used to accelerate the development of Zeitgeist protocol, and an ecosystem of the Web3 prediction market. Some of […]

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First Mover: Bitcoin’s Plunge to $31K Shows How Bullish Market Had Become

It's anybody's guess where cryptocurrency markets might end 2021, but so far all signs point to further gains.

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Crypto Market Analysis: 1st July 2020

Markets started out on a positive trend last week, before succumbing to fears of a second spread of coronavirus. With countries such as the US displaying some frightful numbers, there are very real worries globally that mismanagement of the crisis means there will be further lockdowns and thus damage to economies. A raft of positive […]

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Report Shows That 25% of Major Institutions are Long on Bitcoin

Institutions have long been looked upon as the group that could help boost the crypto markets up to fresh all-time highs It does, however, appear that many big-name institutions already have long exposure to Bitcoin and other digital assets This exposure may still remain fairly limited, giving the market significantly further room for growth in the months and years ahead Ever since Bitcoin and the aggregated crypto market began their multi-year downtrend in 2017, investors […]

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Bitcoin’s Correlation with Stocks Still Elevated, Most Likely to Increase Further

Bitcoin is up over 31% YTD while trading around $9,650 but its correlation with the stock markets is still elevated. The correlation first climbed to new highs during the March sell-off. But while the US stocks and bitcoin are still correlated, the percentage of movement is not.

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