Yearly Archives: 2022

Crypto Market Review, Nov. 24

Crypto Market Review, Nov. 24

Arman Shirinyan Second biggest cryptocurrency’s volatility should return to normal thanks to these factors Contents Three sources of action Bitcoin might face some selling pressure Ethereum has been stagnating on the market in the last 12 days, most likely because of nonexistent derivatives open interest and a high level of fear among retail traders and investors. However, things may change next week, and here’s why. Three sources of action The first factor that investors should… Source link

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Litecoin (LTC) Rises 0.7%, Underperforms the Crypto Market Thursday

Litecoin (LTC) Rises 0.7%, Underperforms the Crypto Market Thursday

Litecoin (LTC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Digital Money has increased 0.7% to $77.68. InvestorsObserver is giving Litecoin a 27 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin! Moderately Volatile InvestorsObserver gives Litecoin a moderate volatility rank of 27, placing it in the bottom 27% of… Source link

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Bitcoin, Ether Needn't Follow Financial Rules, Belgian Regulator Says – CoinDesk

Bitcoin, Ether Needn't Follow Financial Rules, Belgian Regulator Says – CoinDesk

Even if those rules don’t apply, there are still existing requirements on crypto companies to apply anti-money laundering procedures, the guidance said. A new EU law known as the Markets in Crypto Assets regulation (MiCA) is also due to take effect in the coming years – and will require new crypto offerings to produce a white paper, comparable to a stock prospectus. Source link

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Bitcoin, Ether Needn't Follow Financial Rules, Belgian Regulator Says – CoinDesk

Bitcoin, Ether Needn't Follow Financial Rules, Belgian Regulator Says – CoinDesk

Even if those rules don’t apply, there are still existing requirements on crypto companies to apply anti-money laundering procedures, the guidance said. A new EU law known as the Markets in Crypto Assets regulation (MiCA) is also due to take effect in the coming years – and will require new crypto offerings to produce a white paper, comparable to a stock prospectus. Source link

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Last Time This Happened, Bitcoin Rallied 300%

Last Time This Happened, Bitcoin Rallied 300%

Alex Dovbnya Bitcoin, largest cryptocurrency, might be on cusp of another significant price rally if history is any guide Alan Farley, a private trader and frequent CNBC contributor, has an observation that might give beleaguered Bitcoin bulls a glimmer of hope. The last time it was that heavily oversold, the largest cryptocurrency rallied by more than 500% within just five months in the first half of 2022. Image by @msttrader Back then, Bitcoin was coming off the brutal crypto winter… Source link

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Litecoin (LTC) Skyrockets 31.75% In 7 Days

Litecoin (LTC) – the 13th-ranked cryptocurrency by market capitalization – has seen an increase in the price of 31.75% over the past seven days. Whereas other cryptocurrencies also continue their upward swing by turning green with significant gains indicating a bullish trend. According to the data from CoinMarketcap, other coins with notable gains include XRP, with a 3% gain, Chainlink (LINK), with a 7% gain; and Solana (SOL) with a 10% increase during the past 24 hours. On November 23rd,… Source link

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Bitcoin price still due $12K dip, says trader as ETF guru backs GBTC

Bitcoin price still due $12K dip, says trader as ETF guru backs GBTC

Bitcoin (BTC) stayed undecided on Nov. 24  as one trader reinforced a $12,000 BTC price target. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price “main target” for bottom $12,000-$14,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $16,500 as an eerie calm continued on the market. The pair nonetheless failed to convince analysts that better times were on the way, and popular commentator Il Capo of Crypto suggested that it was only a matter of… Source link

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Bitcoin to become less important in billion-$-market

Bitcoin to become less important in billion-$-market

Kaspersky said that cybercriminals are getting less attracted to Bitcoin for ransomware payments and moving towards privacy coins. The demand for privacy coins in the market is growing fast and they are posing a major challenge to CBDCs. While crypto adoption in mainstream finance is growing fast, their use in cybercrime payments is increasing simultaneously. However, cybersecurity firm Kaspersky recently reported that ransomware payments and negotiations would rely less on Bitcoin very… Source link

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First time Bear market? Advice from Bitcoin Bull Michael Saylor

First-time bear market? It’s also the first Bitcoin (BTC) bear market for Michael Saylor, one of the world’s biggest Bitcoin bulls.  Executive chairman of one of the world’s largest pro-Bitcoin companies, Saylor took a moment out of his busy schedule at the Los Angeles Pacific Bitcoin conference to speak with Cointelegraph. Crucially, Saylor told Cointelegraph that when it comes to Bitcoin, “you have to take a long frame time perspective.” “If you’re buying [Bitcoin] and… Source link

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ETH Back Above $1,200, as Federal Reserve Set to Pivot Policy – Market Updates Bitcoin News

ETH Back Above $1,200, as Federal Reserve Set to Pivot Policy – Market Updates Bitcoin News

Ethereum moved back above $1,200 on Thursday, as markets continued to react to the latest Federal Open Market Committee (FOMC) minutes. Yesterday’s report hinted that the U.S. Federal Reserve could pivot to smaller interest rate increases “soon.” Bitcoin was largely unchanged in today’s session. Bitcoin Bitcoin (BTC) mostly consolidated on Thursday, following news that the U.S. Federal Reserve could be set to move away from its aggressive rate hike policy. Wednesday’s FOMC… Source link

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