Yuri Molchan In a recent tweet, Elon Musk speaks about a thing that could make Bitcoin price reverse Contents Economists expect 50 basis points hike – how will Bitcoin react? Bitcoin rose on the news of possibly lower hikes in November Head of Tesla, SpaceX, Twitter (as of late) and a few other innovative companies, Elon Musk, has taken to Twitter to name an event that will take place next week and which, if it happens they way he expects it, may become become another driver for… Source link
Read More »Monthly Archives: December 2022
Can Big Eyes Coin Become a Successful project like Litecoin and Solana?
Big Eyes Coin (BIG) is making amazing progress while still in the pre-sale phase. The platform has earned an astonishing amount of over $11.27 million and is not stopping there. The cat-friendly coin has received a lot of excitement, and it’s understandable because of its utility. The platform includes functionalities to meet everyone’s demands, from cat material to cryptocurrency, with some intriguing and enjoyable features. The platform covers all areas and offers a place for… Source link
Read More »Why is ethereum a safe choice?
On Dec 10, 2022 Last updated Dec 10, 2022 When it comes to investing in the crypto world, the first name which pops up in a person’s mind is bitcoin because it is considered the oldest and most famous cryptocurrency network available globally. People are very enthusiastic about the technology coming into the market as everybody wants to use the best thing for themselves. After Bitcoin, people… Source link
Read More »Will the Orbeon Protocol (ORBN) Token End Up being a Smarter end-of-year Investment than Monero (XMR) and Cardano (ADA)?
With the crypto market facing more obstacles than ever, it’s hard to determine which crypto will be the next winner. Many investors look to tried and tested options such as Monero and Cardano, however with an annual decrease in value of 48.38% and 83.57% respectively, these investments aren’t very appealing. As the year comes to a close, new options such as Orbeon Protocol (ORBN) are looking like much better alternatives, with proven gains of 655% even through the bear market. >>BUY… Source link
Read More »Ethereum Price To Remain Sluggish Before It Attempts A Rally
The Ethereum price has moved in the same direction as the broader market. In the last 24 hours, Ethereum has moved up by 2.5%. On the weekly timeframe, the altcoin has rarely registered any movement. This reflects lateral trading for ETH. In the short term, the altcoin might be registering gains, but as the technicals indicate, the coin can depreciate again before it rallies. Accumulation has been considerably low on the chart. Buying activity must significantly increase if ETH is to break… Source link
Read More »Data shows the Bitcoin mining bear market has a ways to go
Bitcoin (BTC) mining is the backbone of the BTC ecosystem and miners’ returns also provide insight into BTC’s price movements and the health of the wider crypto sector. It is well-documented that Bitcoin miners are struggling in the current bear market. Blockstream, a leading Bitcoin miner recently raised funds at a 70% discount. Current mining activity shares similarities to historic BTC bear markets with a few caveats. Let’s explore what this means for the current Bitcoin cycle…. Source link
Read More »Ethereum and Litecoin make a move while Bitcoin price searches for firmer footing
Crypto price action has been rough over the past few months, but a few green shoots are finally beginning to emerge. While Bitcoin (BTC) remains in a downtrend, its price has recently found support at the $17,000 level, and ping-pong price action in the $16,700–$17,300 range appears to be allowing traders to pursue some interesting setups in a few altcoins. Let’s take a quick peek at some enticing patterns showing up on the weekly time frame. Time for Litecoin’s halving hopium? LTC/USDT… Source link
Read More »Ethereum and Litecoin make a move while Bitcoin price searches for firmer footing
Crypto price action has been rough over the past few months, but a few green shoots are finally beginning to emerge. While Bitcoin (BTC) remains in a downtrend, its price has recently found support at the $17,000 level, and ping-pong price action in the $16,700–$17,300 range appears to be allowing traders to pursue some interesting setups in a few altcoins. Let’s take a quick peek at some enticing patterns showing up on the weekly time frame. Time for Litecoin’s halving hopium? LTC/USDT… Source link
Read More »Blockware Solutions 2023 Bitcoin Forecast – Bitcoin Magazine
Blockware Intelligence, the research arm of Blockware Solutions, has released its 2023 forecast, which indicated, among other things, that the bitcoin price bottom could be in soon. The report included a larger macroeconomic overview and forecast, alongside bitcoin’s response as well as on-chain indicators that suggest potential future movements. Short-term holder realized price (STH RP), as indicated by the report, is a more volatile, quick-to-move metric determined by the price of coins… Source link
Read More »Goldman Sachs and the return of ‘Blockchain not Bitcoin’
Here we go again. The CEO of Goldman Sachs, David Solomon, published an op-ed in the Wall Street Journal headlined “Blockchain Is Much More Than Crypto,” which claims there’s a future for the technology—so long as that future gets to be determined by a small group of powerful people. Here’s a selection from the op-ed: “I still see blockchain as a promising technology if allowed to innovate under the right conditions. Under the guidance of a regulated financial institution like… Source link
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