If you have already been a crypto enthusiast for some years, you should have noticed that crypto goes through predictable cycles. One of the best ways to look at the crypto cycles is to check the historical data of BTCUSD. You can see the BTC monthly chart below. You can see that dips have always […]
A bill to make Bitcoin legal tender in the US was just put out by Senator Wendy Rogers. Senator Wendy Rogers is a senator in the US Senate. She has been an advocate for the legalization of cryptocurrency for the past few years. She asserted that Bitcoin ought to be regarded as a type of […]
On-chain analysis reveals that the use of leverage in trading Bitcoin has been significantly reduced, even as the market is currently experiencing an appreciation in the value of BTC. This could imply that traders and investors are bullish on Bitcoin but are hesitant to put all of their money into the market. The implication of […]
As of now, more than 37,000 BTC have been added to the large whales in the market. “Large whales” is a term typically used to refer to addresses holding more than 1000 BTC. According to the on-chain analysis by Santiment, all the Bitcoin holder groups, including the large whales, have begun to accumulate bitcoins in […]
Grayscale Bitcoin Trust shares increased by 12% in the face of investor and trader unhappiness. On Monday, when GBTC’s discount to Bitcoin shrank, a big rise took place. It is noteworthy that GBTC has been in an oversold area for some months now as a result of the general state of the cryptocurrency market. GBTC […]
As the global crypto market keeps declining with increased momentum, the cost of energy increases proportionally. Noteholders and Stronghold have made a deal that will ensure the conversion of nearly $18 million in debt into equity. While meeting with the United States Security and Exchange Commission, Stronghold claimed that the notes would be converted to […]
Mark Cuban hasn’t given up on cryptocurrencies, even though the abrupt collapse of the cryptocurrency exchange FTX has left many investors with a very poor impression. The billionaire also hurled an expletive at gold speculators in what appeared to be a sign of his support for Bitcoin. Key Bitcoin levels To watch – December 26 […]
In addition to being the most lucrative and secure coin, Bitcoin has long been considered the “father of all cryptocurrencies.” However, as more BTC holders watch their investments go, they are starting to lose the will to sustain this as it becomes impossible. Key Bitcoin Levels To Watch – December 18 Since on-chain analysis showed […]
The Bitcoin Lightning Network was created to make it possible to send money internationally, from the UK and Europe to Africa. The partnership between CoinCorner and Bitnob produced this invention. The remittance industry is a significant opportunity to emphasize the value of Bitcoin, according to Danny Scott, CEO of CoinCorner. Cryptocurrency is still widely used […]
