Bitcoin copying ‘familiar’ price trend in 2023, two more metrics show

Bitcoin (BTC) is on the road to a new bull market and should deliver serious returns in the process, fresh analysis reveals In a tweet on April 2, Charles Edwards, founder of Bitcoin and digital asset hedge fund Capriole Investments, flagged a “familiar” bull signal on the SLRV Ribbons metric. Edwards: SLRV beginning “new trend” …

Stress test? What Biden’s bank bailout means for stablecoins

The collapse of Silicon Valley Bank (SVB), which suffered a bank run after revealing a hole in its finances over the sale of part of its inflation-hit bond portfolio, led to a depegging event for major stablecoins in the crypto sector, leaving many to wonder whether it was a simple stress test or a sign …

Strong Rallies on the Table for Bitcoin (BTC) and Litecoin (LTC), According to Crypto Strategist – But There’s a Catch

A popular crypto analyst is forecasting potential surges for Bitcoin (BTC) and peer-to-peer payments network Litecoin (LTC). Pseudonymous crypto strategist Loma tells his 282,300 Twitter followers that he believes Bitcoin will eventually take out resistance at around $28,800. However, the catch is that the breakout could take time and BTC may test the patience of …

Here’s What Could Signal the Next Bitcoin Leg up Amid ‘Massive’ BTC Transactions, According to Crypto Analytics Firm

A prominent crypto analytics platform says one metric could signal the next big rally for Bitcoin (BTC) amid a flurry of massive whale transactions involving the king crypto. According to market intelligence firm Santiment, traders should keep a close watch on the market caps of stablecoins such as Tether (USDT), USD Coin (USD Coin), Binance …

Crypto Whales Accumulating Ethereum Scaling Altcoin by the Millions, According to On-Chain Data

On-chain data reveals that crypto whales are snapping up the native asset of a hot Ethereum (ETH) layer-2 project by the millions. Blockchain-tracking firm Lookonchain says that digital asset manager Amber Group sent millions of dollars worth of Arbitrum (ARB) tokens to crypto exchanges OKX and Binance, where they could potentially be sold on the …

BTC price targets fix on $35K as Bitcoin eyes ‘massive’ liquidity squeeze

Bitcoin (BTC) stayed on course for its highest weekly close in ten months on April 2 as $28,000 held. BTC/USD 1-week candle chart (Bitstamp). Source: TradingView BTC price analyst: “Massive” liquidations due at $30,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD stable over the weekend after closing out March at near $28,500. A …

German Stock Exchange Boerse Stuttgart to Provide Crypto Custody Through Licensed Subsidiary

Blocknox, a subsidiary of one of Europe’s largest stock exchanges, Boerse Stuttgart, has been licensed to operate as a crypto custodian in Germany. The authorization will allow the company to offer custody services for digital assets to institutional investors across the Old Continent. Boerse Stuttgart Subsidiary Blocknox to Offer Crypto Custody Services Under Bafin License …

Crypto ATM Numbers Drop by 13.91% Since December 2022, Over 3,600 Went Offline in March

According to data from the cryptocurrency automated teller machine (ATM) aggregation website Coin ATM Radar, over 3,600 crypto ATMs went offline in March. Since the end of 2022, the number of crypto ATMs has declined by 13.91% in the last three months. Crypto ATM Numbers Decline in 2023 According to data from Coin ATM Radar, …

Crypto Exchange Bittrex Shuts Down US Operations Due to Regulatory Uncertainty

Cryptocurrency exchange Bittrex is shutting down its U.S. operations due to “continued regulatory uncertainty” as U.S. regulators increase their enforcement efforts against cryptocurrency trading platforms. Regulatory requirements currently “are often unclear and enforced without appropriate discussion or input, resulting in an uneven competitive landscape,” Bittrex described. Bittrex Exiting U.S. Crypto Market Cryptocurrency exchange Bittrex announced …

Crypto Exchange Bittrex in the Process of Winding Down US Operations Amid Regulatory and Economic Uncertainty

Seattle-based crypto exchange Bittrex will soon stop serving US customers as federal regulators clamp down on the digital asset industry. Bittrex co-founder Richie Lai says the company has made the decision to shut its doors in the US as the crypto exchange believes it is no longer feasible to continue operating in the country given …

Crypto Analyst Says Bitcoin Bullish Accumulation Coming to an End, Unveils April Forecast for BTC

A popular crypto strategist says a major trend shift is on the horizon for Bitcoin (BTC) as we enter a new month. Analyst Jason Pizzino tells his 283,000 YouTube subscribers that Bitcoin is closely following a Wyckoff accumulation schematic, which suggests that an asset is forming the base for an incoming bull market. According to …

Nifty News: Trump NFTs pump after indictment, Q1 trading volume hits $4.7B and more

Following news of a New York Grand Jury voting to indict former president Donald Trump on March 30, the floor price for the officially licensed Trump Digital Trading Cards nonfungible token (NFT) project pumped. According to data from OpenSea, NFT traders were seemingly spurred into action by the announcement, with the floor price moving from …

New Global Currency Designed to Ditch US Dollar Coming From BRICS Nations: Report

A group of economically-aligned nations plan to create a new currency that could reduce the world’s dependence on the US dollar and the euro, according to a new report. The group of emerging economies, known collectively as BRICS, are exploring how such a currency would be structured, reports the Russian state-owned news agency Sputnik. The …

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