Cryptocurrencies

Bitcoin Remains Bullish Based on the Formation of an Ascending Channel
Cryptocurrencies

Bitcoin Remains Bullish Based on the Formation of an Ascending Channel

The formation of a parallel channel on the daily chart suggests BTC can still drop to $57,000-$54,000 to then rebound towards $75,000, according to analyst Ali Martinez.

Victims of BitConnect Ponzi Scheme to Benefit from the Liquidation of $57M Crypto Assets
Cryptocurrencies

Victims of BitConnect Ponzi Scheme to Benefit from the Liquidation of $57M Crypto Assets

Victims of BitConnect fraud scheme have a reason to smile about after a court order granted the sale of cryptocurrencies accrued from the scam.

Bitcoin Wallets Surpass Bank Accounts in El Salvador, says President Bukele
Cryptocurrencies

Bitcoin Wallets Surpass Bank Accounts in El Salvador, says President Bukele

El Salvador has been making significant strides in the crypto space ever since, with the latest being Bitcoin wallets dwarfing bank accounts in the nation.

At Least 16% of Americans Have Invested in Crypto: Pew Research Center
Cryptocurrencies

At Least 16% of Americans Have Invested in Crypto: Pew Research Center

A recent survey from the Pew Research Center has drawn an insight into the popularity of emerging digital currencies amongst Americans. At least 16% of respondents say they have invested in crypto.

Bitcoin Funding Rates Have Calmed Down - Has Greed in the BTC Market been Neutralized?
Cryptocurrencies

Bitcoin Funding Rates Have Calmed Down - Has Greed in the BTC Market been Neutralized?

Bitcoin funding rates have slowed down since the leading cryptocurrency scaled to new heights of $69,000.

U.S. Inflation Hits a 30-Year High - Is Bitcoin Cementing its Status as an Inflation Hedge?
Cryptocurrencies

U.S. Inflation Hits a 30-Year High - Is Bitcoin Cementing its Status as an Inflation Hedge?

With Bitcoin continuously smashing historic highs one after another, is the top cryptocurrency showcasing its safe-haven capabilities?

Bitcoin on Exchanges Slip as Long-Term Holders Stay Put
Cryptocurrencies

Bitcoin on Exchanges Slip as Long-Term Holders Stay Put

Bitcoin (BTC) balance on crypto exchanges continues to dip, which is bullish because BTC cannot be easily liquidated and this reduces the selling pressure.

Bitcoin’s Taproot Upgrade Launch in Three Days, Smart Contract Capabilities to be Unlocked?
Cryptocurrencies

Bitcoin’s Taproot Upgrade Launch in Three Days, Smart Contract Capabilities to be Unlocked?

Within around three days, Bitcoin’s Taproot will go live. It is arguably the most anticipated and vital upgrade to the BTC network since the Segregated Witness (SegWit) improvement in 2017.

Crypto Market Capitalization Inches Closer to $3 Trillion
Cryptocurrencies

Crypto Market Capitalization Inches Closer to $3 Trillion

The cryptocurrency market capitalization is a stone’s throw away from the $3 trillion mark as it stands at $2.96 trillion.

$5,000 Emerge as the Largest Open Interest Strike Price for Ethereum Options
Cryptocurrencies

$5,000 Emerge as the Largest Open Interest Strike Price for Ethereum Options

Open interest is rising, with $5,000 being the largest strike price for Ethereum options.

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