Bitcoin, Altcoins and Crypto Markets Set for Major Unexpected Bounce in 2023, According to Popular Analyst

A popular crypto analyst thinks Bitcoin (BTC) and the broader altcoin markets could start to bounce back next year. In a new analysis, pseudonymous trader TechDev says that the crypto correction actually began in the second quarter of 2021, rather than the fourth quarter of that year after Bitcoin hit its all-time high. “We start …

Bitcoin price bottom not in, data says as whale orders hit 2-year low

Bitcoin (BTC) is not about to bottom at just below $17,000, new analysis warns as bid liquidity dries up. In social media posts after Christmas, on-chain analytics resource Material Indicators flagged waning interest in protecting the current BTC price range. Binance order book leaves “not much to be excited about” With volatility still largely absent …

Price analysis 12/28: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI

Gold has been an outperformer in 2022 compared to the United States equities markets and Bitcoin (BTC). The yellow metal is almost flat for the year while the S&P 500 is down more than 19% and Bitcoin has plunged roughly 64%.  The sharp fall in Bitcoin’s price has hurt both short-term and long-term investors alike. …

MicroStrategy adds to Bitcoin stake despite steep loss

In a new filing with the United States Securities and Exchange Commission, software analytics firm MicroStrategy said that it acquired 2,395 Bitcoin (BTC) at an average price of $17,181 for a total of $42.8 million during the period Nov. 1 and Dec. 21. Subsequently, the company sold 704 BTC at $16,776 per coin for a total …

MicroStrategy just bought another 2,500 BTC

Michael Saylor’s latest acquisition brings MicroStrategy’s total holdings to 132,500 BTC. 1 min read Updated: December 28, 2022 at 2:29 pm Cover art/illustration via CryptoSlate Business Intelligence firm MicroStrategy has purchased an additional 2,395 BTC between Nov. 1 and Dec. 21. Michael Saylor, the founder and CEO of MicroStrategy, announced the company’s purchase on Twitter …

Solana slides again – token down 96% from ATHs

Solana took another sharp fall today, sinking below $10 for the first time since February 2021. Bulls stepped in at $9.66 in the early hours of Dec. 28 (GMT), leading to a recovery that topped out at $10.20. As of press time, SOL was hovering close to the psychological $10 level once more, at $10.02 …

FTX Customers File Class Action to Claim Assets Within Bankruptcy Case

A group of customers are now suing FTX in an attempt to become the first to recover funds from the insolvent cryptocurrency exchange. The lawsuit, filed as part of the bankruptcy case in Delaware, seeks a court ruling recognizing that their holdings with the trading platform belong to them rather than the failed company. Customers …

The Stablecoin Economy Shed $28 Billion in 2022 After a Handful of Tokens Lost Their $1 Peg

2022 has been an interesting year for stablecoin assets as the market capitalization of the entire stablecoin economy lost just over $28 billion in value. Moreover, more than $3 billion has been erased from the stablecoin economy during the last 23 days as BUSD shed roughly 23.3% during the last month. Over $3 Billion in …

Argentine Senate Mulls Crypto Advertisement Regulation

The Argentine senate is discussing a preliminary project that would regulate the way in which individuals and organizations promote crypto. The objective of the project, which is still under discussion, would be to educate consumers on the dangers of investing in crypto and also to protect them from investing in crypto Ponzi schemes. Argentine Senate …

DOJ Investigating $372,000,000 That Disappeared From FTX Shortly After Bankruptcy: Report

The U.S. Department of Justice (DOJ) is reportedly investigating a $372 million hack on the bankrupt crypto exchange FTX. Bloomberg Law, citing an anonymous “person familiar with the case,” reports that federal prosecutors have opened up a separate criminal probe into the alleged hack. The anonymous source tells Bloomberg that American authorities have frozen a …

Bitcoin beats Tesla stock in 2022 as BTC price heads for 60% losses

Bitcoin (BTC) circled $16,750 after the Dec. 28 Wall Street open after stocks dragged markets lower. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin analysts stick to downside fears Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it recovered from local lows of $16,559 on Bitstamp. After days of barely any movement up …

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