‘Most bullish macro backdrop in 75 years’ — 5 things to watch in Bitcoin this week

Bitcoin (BTC) starts a new week in a strange place — one which is eerily similar to where it was this time last year. After what various sources have described as an... Read more »

Bitcoin crash ahead? Expert warns higher inflation could whip BTC price to $30K

Bitcoin (BTC) may end up falling to as low as $30,000 if the U.S. inflation data to be released on Wednesday comes any higher than forecasted, warns Alex Krüger, founder of Aike... Read more »

Bitcoin performs classic bounce at $40.7K as BTC price comes full circle from January 2021

Bitcoin (BTC) bounced off what is for some a key level on Jan. 9, closely mimicking events from September 2021.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Shorters will get rekt” at... Read more »

Bitcoin clings to $42K as key moving average break from July reappears

Bitcoin (BTC) consolidated above $42,000 prior to Wall Street’s opening bell on Jan. 7 as more similarities to last year’s lows emerged. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC “very closely”... Read more »

Will this time be different? Bitcoin eyes drop to $35K as BTC price paints ‘death cross’

Bitcoin (BTC) formed a trading pattern on Jan. 8 that is widely watched by traditional chartists for its ability to anticipate further losses. In detail, the cryptocurrency’s 50-day exponential moving average (50-day... Read more »

Bitcoin leverage ratio reaches new highs

The estimated leverage ratio for Bitcoin (BTC) hit a new all-time high last night, according to CryptoQuant. Further metrics point to growing leveraged interest, but liquidations have remained relatively low.  According to... Read more »

Bitcoin and Ether heading $100K and $5K in 2022: Bloomberg Intelligence

Despite cryptocurrency markets dropping to multi-month lows, major cryptocurrencies like Bitcoin (BTC) and Ether (ETH) are likely to hit new all-time highs in 2022, according to a Bloomberg analyst. BTC and ETH... Read more »

Hong Kong-based Coinsuper allegedly blocks customers’ withdrawals

A cryptocurrency exchange in Hong Kong has reportedly stopped all withdrawal requests, according to reports. Coinsuper is the sole crypto firm in China that is licensed by the government, and was founded... Read more »

Human Rights Foundation to grant 425M satoshis as part of its Bitcoin Development Fund

The Human Rights Foundation announced on Tuesday that it intends to distribute 425 million satoshis — the smallest divisible unit of a Bitcoin — to various contributors as a part of its... Read more »

Here’s why Bitcoin traders say a drop to $38K is the worst case scenario

The fallout from the Federal Reserve’s recent hawkish comments about raising interest rates as soon as March continued to weigh heavily on the cryptocurrency market on Jan. 6. The Crypto Fear & Greed... Read more »