The Bitcoin price prediction reveals that BTC is consolidating below the $16,800 resistance zone and could extend its decline if there is no recovery wave […] Go to Source
Monthly archives: December 2022
Celo Price Prediction for Today, December 25: CELO/USD Bulls Could Target $0.65 Resistance
The Celo price prediction shows that CELO is currently breaking above the $0.50 barrier as the coin faces the upper boundary of the channel. Celo […] Go to Source
Coinbase Says It’s Focusing on Digital Wallet, NFTs and More To Accelerate Crypto and Web3 Adoption
Top US-based crypto exchange Coinbase says it’s focusing on accelerating the adoption of crypto assets and Web3 protocols. In a new company blog post, the second-largest digital asset exchange in the world says its goal is “serving as the bridge” to Web3 for its customers by “supercharging” the key building blocks. First, Coinbase says it …
Crypto is a nonexistent asset for big institutional investors – JPMorgan exec
Big institutional investors are still largely staying away from the crypto market, as the asset class’ volatility poses a challenge to money managers, Jared Gross, head of institutional portfolio strategy at JPMorgan Asset Management, told Bloomberg. “As an asset class, crypto is effectively nonexistent for most large institutional investors,” Gross noted, explaining that “the volatility is too …
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Bitcoin and these 4 altcoins are showing bullish signs
Cryptocurrency markets lack any signs of volatility going into the year-end holiday season. This suggests that both the bulls and the bears are playing it safe and are not waging large bets due to the uncertainty regarding the next directional move. This indecisive phase is unlikely to continue for long because periods of low volatility …
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Amid the arctic blast, Texas miners voluntarily shut down or curtail operations
As power companies urge users to conserve energy amid freezing weather, Bitcoin miners are stepping up to give power back to the grid. 2 min read Updated: December 25, 2022 at 3:11 pm Cover art/illustration via CryptoSlate Bitcoin miners are again showcasing how they can play an essential role in the energy infrastructure as miners …
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BTC Wraps up 13 Consecutive Years of Recorded Market Value, With No Santa Rally in 2022
By the end of this year bitcoin will have 13 consecutive years of recorded market value under its belt. Seven of those years saw Santa rallies all the way up until New Year’s Eve, and five of the 13 years saw bearish returns from Dec. 1 to Dec. 31. There’s still six more days left …
Snowden to Musk: ‘I Take Payment in Bitcoin’; Big Short Investor Says Audits of Exchanges like Binance and FTX Are ‘Meaningless,’ and More — Week in Review
Ahead of the holidays and new year, the former U.S. National Security Agency (NSA) contractor known to the world as a staunch privacy advocate and whistleblower, Edward Snowden, has offered to step up as the new CEO of Twitter after current “Chief Twit” Elon Musk has said he is stepping down. In other news from …
Bitcoin (BTC) to Defy Traditional Cycle Theory Next Year With Big Rally, Says Top Crypto Analyst
A popular crypto analyst says that Bitcoin (BTC) will defy all traditional theories of its market cycles next year. The pseudonymous analyst known as TechDev tells his 402,000 Twitter followers that BTC will challenge conventional wisdom that its price cycles are driven by the halving cycles. Halving cycles are the four-year intervals when Bitcoin miners’ …
BTC price foregoes Santa rally as Bitcoin volatility hits record low
Bitcoin (BTC) failed to deliver a Santa rally for Christmas 2023 as Dec. 25 offered even more sideways BTC price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin volatility index plumbs lowest ever levels Data from Cointelegraph Markets Pro and TradingView showed BTC/USD clinging to a tight trading range around $16,800. The pair had …
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What are Handshake (HNS) domains, and how do they work?
A particular topic of interest in the blockchain space is the emergence of blockchain-related projects in the domain name system (DNS) and domain ecosystem. Handshake, in particular, has been gaining attention among decentralized technology enthusiasts for its potential to revolutionize how people think about and interact with domains, especially in the context of Web3. What …
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The 5 most important regulatory developments for crypto in 2022
2022 will surely be remembered as a year of crypto discontent — one when the price of Bitcoin crashed three times, many large companies went bankrupt and the industry experienced a series of significant lay-offs. However, it was a crucial year for crypto regulation worldwide. Although some regulatory developments are worrisome in terms of their …
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1inch launches Fusion upgrade to improve swap security and profitability
Leading decentralized finance (DeFi) aggregator 1inch Network announced a major upgrade — Fusion — around its 1inch Swap Engine. The Fusion upgrade aims to deliver cost-efficient, secure and profitable swaps for crypto investors. The Fusion mode in 1inch Swap Engine allows DeFi investors to place orders with a predecided price and time range without paying …
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Crypto Sharks Are Heavily Accumulating Cardano, Taking Dip Buying of ADA to New Level: Analytics Firm
A leading analytics firm says that deep-pocketed investors of Cardano are loading up on ADA and have been heavily buying dips since the high-profile implosion of FTX. Santiment says that addresses with a balance of 10,000 to 100,000 Cardano now hold their largest percentage of the supply in a year and a half to the …
Analyst Details 2023 Price Targets for XRP, Dogecoin, Avalanche and Seven Additional Crypto Assets
A popular crypto strategist believes that a number of altcoins including XRP, Dogecoin (DOGE) and Avalanche (AVAX) will trade significantly higher in the next 12 months. Pseudonymous analyst Altcoin Sherpa tells his 187,700 Twitter followers that he thinks the macro backdrop will likely improve by December 2023, which could set up rallies for many altcoins. …