Tag: CryptoPotato

Bitcoin failed at $32,000 and brought all the altcoins with it south, resulting in another market-wide retracement. …Read the full story

The past seven days saw some action on the cryptocurrency market to the upside, and bulls were able to reclaim some $30 billion from the total capitalization. Starting with Bitcoin, the cryptocurrency is struggling to maintain the $30K level and is currently trading slightly below it. It’s very interesting to see whether the cryptocurrency will […]

Failing to hold the latter, BTC might retest the 2017 bull market’s all-time high at the $17K-$20K region, a level which could finally act as this bear market’s bottom. On the 4-hour timeframe, the price was seemingly oscillating in a meaningless way over the last few weeks, liquidating both the buyers and the sellers on […]

Bitcoin is headed for the weekly close, and all eyes are on its price. The fact that the capitulation phase has begun means that there could be more selling in the future. The long-term holders’ SOPR is a metric which measures the amount of profits/losses which are realized by this cohort. Crypto’s technological and economic […]

Although bitcoin continues to struggle below $30,000, the cryptocurrency is actually close to breaking its nine-week-long negative weekly streak. At the start of May, bitcoin equaled the previous record of 6 consecutive red candles before it broke it and registered its 9th last week. BTC closed last week at $29,250 , at which point it […]

Bitcoin’s affair above $30,000 didn’t last long once again, as the asset fell beneath that level rather violently and even dipped to $29,000. In fact, BTC spiked to a multi-week high of $32,400, which gave the community expectations that the worst might be over. Bitcoin tried its hand at $30,000 once again yesterday, and it […]

At the time of this writing, the cryptocurrency is charting a daily increase of around $1.8%. The altcoin market seems to be in consolidation mode, albeit painted almost entirely in green. Crypto’s technological and economic implications are what interest him most, and he has one eye turned to the market whenever he’s not sleeping. …Read […]

Bitcoin’s adventure above $32,000 was short-lived as the asset fell by a few thousand dollars and dipped below $30,000. After weeks of being unable to overcome $30,000 decisively, bitcoin finally did so a few days ago when it spiked to a local peak of over $32,000. In a matter of hours, BTC slumped by nearly […]

It would seem that Bitcoin’s rally earlier this week was short-lived. Ever since, he’s believed in the network’s power to replace the current global monetary system, and provide financial freedom to billions worldwide. …Read the full story

More carnage swept through the crypto markets today, with another $300 million worth of trades liquidated within an hour. Ever since, he’s believed in the network’s power to replace the current global monetary system, and provide financial freedom to billions worldwide. …Read the full story

Bitcoin’s price has suffered quite a bit since the end of March, losing over $15,000 in this period. However, it all changed when the asset initiated two massive weekly leg ups that resulted in nearing $50,000. Yet, what comes up must go down, as the saying goes. And it has closed with red weekly candles […]

After consolidating above the $37K decisive level for a few weeks, Bitcoin was eventually rejected after another attempt at $40K and plunged below the key support following tremendous bearish momentum. Many retail investors have been buying Bitcoin around the $37K range, resulting in a lot of liquidity below the threshold level. On the other hand, […]

Bitcoin’s situation worsened once more in the past 24 hours, and the asset fell to its lowest position since January 24. Once the US Federal Reserve said it will increase the interest rate by 50 basis points, instead of the expected 75, last week, bitcoin’s price jumped and touched $40,000. While it managed to remain […]

With bitcoin’s price continuing to lose value, the popular Fear and Greed Index has dropped into an extreme fear territory once again. Ever since the end of March, the landscape around the primary cryptocurrency has been rather bearish. May is not going well either so far. Somewhat expectedly, this violent price crash resulted in a […]

The tournament, based in numerous African countries like Botswana, Kenya, Mauritius, Tanzania, and South Africa, will give around $31,000 worth of bitcoin to the golfer that finishes first. In 2021, the Indian-based crypto trading venue Bitbns promised to award each local Olympic champion from the Tokyo Games $2,700 worth of digital assets. Another sport where […]

Most altcoins are in a similar position, with Terra losing the most value on a daily scale. It’s safe to say that bitcoin has seen better days, which weren’t all that long ago. In just a matter of hours, bitcoin dumped by more than $4,000 and plummeted to a 10-week low of $35,600 . It […]

As reported by the local news outlet Idealista, the deal was for a T3 apartment in Braga, costing the buyer exactly 3 Bitcoin. Until last month, purchasing real estate using cryptocurrencies required buyers to first convert their holdings to euros. “This deed represents a historic milestone, the transfer of a digital asset to a physical […]

On the other hand, if the price can close above the $37K level soon, the bearish breakdown would be considered false and could lead to recovery towards $40K. On the 4-hour timeframe, the price has been forming a falling wedge over the past couple of weeks after getting rejected from the $43K area. This fake […]

They can be controlled, they can be shut down, they can be made illegal which tends to tap in during times when they may be threats to the alternative currency. “I think that the environment that we’re in is an environment in which there is a risk of political confiscation or any other forms of […]

Anthonia is a fintech writer who has been involved in the crypto space since 2017 covering developments across regulations, adoption, and several other aspects of the Industry. …Read the full story