Bitcoin (BTC) fell more than 2% from local highs during Jan. 13 in the latest move to keep market participants guessing about what’s to come for the largest digital asset.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “One step at a time” Data from Cointelegraph Markets Pro and TradingView tracked the pullback for BTC/USD after the pair hit its highest levels in more than a week. A trip to $44,450 on Bitstamp after the Wall Street open was followed by an hourly candle that… Source link

How about this as an incentive to relocate: $10K in crypto and a bike.  Northwest Arkansas hopes to lure remote tech workers and entrepreneurs to the region by offering them $10,000 worth of Bitcoin (BTC-USD) and a bicycle.  “Northwest Arkansas is one of the fastest-growing regions in the country, and we’re now seeing more explosive growth in our tech sector,” said Nelson Peacock, president and CEO of the Northwest Arkansas Council. “This expanded incentive offer — Bitcoin and a… Source link

These Top Cryptocurrencies Surge Higher – Cardano, Solana, Avalanche, Matic, Litecoin, Bitgert & Centcex by Analytics Insight January 13, 2022 This article features how cryptocurrencies like Cardano, Solana, Avalanche, Matic, surge higher. The market is on green again after a whole week of dropping. Most of the large cryptocurrencies lost huge percentages of their market value, but most are recovering very well. However, the price surge has not been uniform across the market as some… Source link

Forget about high-flying tech stocks. Ethereum (CRYPTO:ETH), the world’s second-most-valuable cryptocurrency behind Bitcoin (CRYPTO:BTC), has skyrocketed by almost 30,000% over the past five years. This means that a $1,000 investment in Ethereum made on January 2017 would be worth about $300,000 today. So, is it too late to buy? Would you just be chasing returns at this point? I don’t think so. Even after the huge price gain, buying Ethereum in… Source link

Litecoin price is likely to remain in the bear market in the short term despite the week’s gains. This assertion is founded on the extreme fear that continues to define price movements in the crypto market. Notably, the fear & greed index has been on this end of the spectrum since last month. In Thursday’s session, the index was at 21 compared to Wednesday’s 22. Litecoin price prediction LTC has eased after the three-session rebound that had it hit a one-week high of 142.59 on… Source link

shuang paul wang/iStock via Getty Images Thesis Summary As inflation hits its highest since 1982, Bitcoin (BTC-USD) approaches the “death cross”, by which I mean the crossover of the 50 and 200 day moving averages. This has happened a few times already, most recently in July, and it was contrary to intuition a bullish signal. On top of that, we have some evidence from on-chain metrics that suggest Bitcoin could experience a short-squeeze but also point to the fact that retail is… Source link

Bitcoin (BTC) has bounced 11% from the $39,650 low hit on Jan. 10 and, currently, the price is battling with the $44,000 level. There are multiple explanations for the recent weakness, but none of them seem sufficient enough to justify the 42% correction that took place since the Nov. 10 all-time high at $69,000. At the time (Nov. 12), negative remarks from the U.S. Securities and Exchange Commission (SEC) were issued at the rejection of VanEck’s physical Bitcoin exchange-traded fund (ETF)…. Source link

What happened  After a rough start to the year, the cryptocurrency market jumped early on Wednesday as the markets rose and fears eased about the Federal Reserve dropping surprises on the market after Chair Jerome Powell’s testimony in front of Congress.  The dollar price of Bitcoin (CRYPTO:BTC) was up 3.2% in the last 24 hours as of 1 p.m. ET after jumping as much as 4%. Ethereum (CRYPTO:ETH) was up as much as 5.4% and is currently up 5.2%, Solana

The largest digital asset by market value rose as much as 3.3 percent to $44,085 Wednesday. By Vildana Hajric and Emily GraffeoBloomberg Published On 12 Jan 202212 Jan 2022 Bitcoin climbed above $44,000 for the first time in a week as the most U.S. inflation in four decades revives the debate about whether the cryptocurrency is a hedge against rising consumer prices. The largest digital asset by market value rose as much as 3.3% to $44,085 Wednesday, following the release of the consumer price… Source link

The relative strength index (RSI) on the four-hour chart is approaching overbought levels, similar to what occurred in late December, which preceded a brief pullback. The RSI on the daily chart, however, continues to rise from oversold levels, which means buyers could remain active on price dips. Source link