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Crypto News

2022-01-14 17:21:46
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. Bitcoin (BTC) fell more than 2% from local highs during Jan. 13 in the latest move to keep market participants guessing about what’s to come for the largest digital asset. BTC/USD 1-hour candle...
2022-01-14 14:13:56
In a ruling that is “almost identical to the El Salvador bill,” Tongan bigwig Lord Fusitu’a anticipates that his country could adopt Bitcoin by November. Another domino is lined up to fall down the route to Bitcoinization. On Wednesday, a former lawmaker of the Pacific island nation of Tonga shared a play-by-play approach to adopting...
2022-01-13 14:15:58
Derivatives data suggests that, sentiment-wise, pro traders are still neutral on Bitcoin’s price prospects ahead of Friday’s $750 million options expiry. Bitcoin (BTC) has bounced 11% from the $39,650 low hit on Jan. 10 and, currently, the price is battling with the $44,000 level. There are multiple explanations for the recent weakness, but none of...
2022-01-13 10:14:01
A sense of foreboding characterizes the market even after inflation data sparks solid intraday gains for BTC/USD. Bitcoin (BTC) may have rallied to $44,000 on the back of United States inflation data, but according to traders, there is little hope of a sustained comeback. In a Twitter discussion on Jan. 12, data analyst Material Scientist warned that...
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2022-01-12 17:01:09
Crypto exchanges are an important aspect of the crypto infrastructure and are frequently discussed in this field. Whether it’s the large profits produced on the big exchanges, the frequent hacks, or the way these exchanges are mimicking, adapting, and inventing on the kinds of financial services offered on Wall Street, there’s a lot to talk...