Bitcoin (BTC) traders are desperate for fresh BTC price volatility, but opinions are diverging on when it will come. BTC/USD is currently seeing some of the least volatile conditions in its history, price metrics show. Volatility far from guaranteed Since the FTX crisis, Bitcoin has settled into a historically narrow trading range which refuses to budge. Despite macro triggers, low-volume holiday trading and a yearly candle close, BTC price action has stuck rigidly to a zone focused on… Source link

“In the case of blockchain games, it is also necessary to consider gambling laws,” wrote Tokyo-based law firm So & Sato in a 2021 review of how Web3 gaming and the laws of Japan intersect. “Blockchain games that include incentives for users, such as the free issuance of NFTs, must further comply with the Premiums and Representations Act.” Source link

The CEO of crypto wealth management platform Abra thinks Litecoin’s (LTC) reliability makes it important to the broader crypto space. Bill Barhydt says that Litecoin is the only decentralized peer-to-peer payment system with 10 years of uninterrupted uptime. Uptime measures the percentage of time a system has been up and operational. According to some estimates, the Bitcoin (BTC) network has been functional for more than 99.98% of its existence. The most recent Bitcoin network… Source link

A popular analyst is warning Ethereum (ETH) is facing another leg down while many other altcoins will lose a ton of their valuation. In a new YouTube strategy session, crypto strategist Nicholas Merten tells his 512,000 subscribers that Ethereum is on a downtrend with the 200-week moving average continuing to act as resistance. “Even though if we take a look at the ETH-to-BTC ratio, Ethereum has been holding up relatively neutral with where it’s been since May of 2021 against… Source link

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Digital assets funds saw inflows totaling $433 million during 2022, the lowest level since 2018, when inflows in the crypto industry reached $233 million, according to the cryptocurrency investment firm Coinshares.  Investors’ appetite for digital assets seems not to have been fully affected by the crypto winter, but otherwise encouraged investments in crypto assets in a year marked by a price decline and the collapse of many industry players. James Butterfill, researcher at CoinShares,… Source link

A closely followed crypto trader says now may be the time to keep an eye on peer-to-peer payments network Litecoin (LTC). The pseudonymous trader known as Cantering Clark tells his 156,000 Twitter followers that LTC is forming a structural pattern that previously signaled bottoms and reversals. Cantering Clark’s chart shows LTC bouncing off a support level at around $71. “Is Litecoin about to wow everyone? I haven’t looked at this since the baby came, and when I did I was… Source link

Gold made a strong start to the new year and is trading close to a seven-month high on expectations that the United States Federal Reserve may slow down and hike rates only by 25 basis points in its next meeting on Feb. 1.  Cryptocurrency markets have also shown a mild uptick but are yet to make a decisive move higher. One of the reasons could be renewed fears regarding Digital Currency Group’s liquidity issues, which again came into focus after Gemini co-founder Cameron Winklevoss penned… Source link

Bitcoin (BTC) is now further below a key moving average than it was at the pit of the March 2020 COVID-19 crash. In a tweet on Jan. 4, popular trader and analyst Rekt Capital revealed just how remarkable the current Bitcoin bear market really is. BTC price 200-week moving average out of reach Not only has Bitcoin now spent more time below its 200-week moving average (WMA) than ever before, it is now further beneath it than at any time in history. Looking at the weekly BTC/USD chart, Rekt Capital… Source link

Bitcoin (BTC) is now further below a key moving average than it was at the pit of the March 2020 COVID-19 crash. In a tweet on Jan. 4, popular trader and analyst Rekt Capital revealed just how remarkable the current Bitcoin bear market really is. BTC price 200-week moving average out of reach Not only has Bitcoin now spent more time below its 200-week moving average (WMA) than ever before, it is now further beneath it than at any time in history. Looking at the weekly BTC/USD chart, Rekt Capital… Source link