A crypto strategist who correctly called Bitcoin’s 2018 bottom says the floor for the BTC bear market is already in. Pseudonymous analyst Smart Contracter tells his 281,500 Twitter followers that Bitcoin has managed to take out two diagonal resistances that have kept BTC in a downtrend for over a year. “This weekly BTC candle is solid AF breaking very key trendlines and low timeframe momentum is still going strong.”  Source: Smart Contracter/Twitter Looking at Smart… Source link

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Chamber of Digital Commerce founder and president Perianne Boring discusses the state of crypto after the FTX scandal on ‘The Claman Countdown.’ The new year has pumped new life into Bitcoin and other cryptocurrencies. After a dismal 2022, Bitcoin has come roaring out of the starting gate in the first two weeks of the year gaining in 13 of the last 15 days. The cryptocurrency rising more than 24% during that stretch to $20,728. That compares to the last 52 weeks in which bitcoin lost… Source link

A popular trader known for staying steadily bearish throughout 2022 says the latest rallies mean nothing and another leg down is imminent. Pseudonymous trader Capo tells his 703,000 Twitter followers that his bearish outlook hasn’t been invalidated by the market’s big bounce, which has seen Bitcoin (BTC) rally 21%, Ethereum (ETH) 23% and many altcoins explode 30% or more in the past seven days. According to Capo, BTC is still unsuccessful in breaking its most critical… Source link

The below is an excerpt from a recent year-ahead report written by the Bitcoin Magazine PRO analysts. Download the entire report here. Bitcoin Magazine PRO sees incredibly strong fundamentals in the Bitcoin network and we are laser-focused on its market dynamic in the context of macroeconomic trends. Bitcoin aims to become the world reserve currency, an investment opportunity that cannot be understated. In our year-ahead report, we analyzed seven notable factors that we recommend investors pay… Source link

Token has shown bullish actions in previous sessions. LTC is trading above the resistance level on a daily time frame. The pair of  LTC/USDT is trading at the price level of $84 with a decrease of -1.51% in the past 24 hours. Litecoin (LTC) is a peer-to-peer decentralized cryptocurrency that intends to be the “future of global payments”. The bears’ long-term downtrend was reversed by bulls taking command and reversing the trend. LTC on the daily time frame Source:… Source link

One of the main properties advanced in blockchain technology is interoperability, the art of different blockchains communicating with one another. Interoperability is crucial when it comes to exchanging data and assets such as nonfungible tokens (NFTs) or cryptocurrencies while enjoying the best of two or more platforms to save on fees, for example, or transact faster. The Avalanche blockchain is an interoperable, versatile platform and cryptocurrency network that addresses scalability,… Source link

A popular crypto strategist says that the current Bitcoin (BTC) rally is mirroring a pattern that preceded the king crypto’s massive eruption in 2019. Pseudonymous analyst Smart Contracter tells his 218,100 Twitter followers that Bitcoin is likely to dominate the crypto markets in a repeat performance of its 2019 burst. “BTC finally broke its $18,400 horizontal highs. BTC dominance going on run and most conditioned to be all in alts. [Definitely] starting to feel more and more… Source link

Canada has remained a peculiar regulatory alternative to the neighboring United States in regard to cryptocurrency. While its licensing process has become more stringent than in some countries, Canada was the first to approve direct crypto exchange-traded funds. State pension funds have invested in digital assets, and crypto mining firms have moved to the country to take advantage of the cool temperatures and cheap energy prices. But the gold rush for miners in Canada may be slowing down. In… Source link

Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) The second week of the new year has been a heady week for the coins, with Bitcoin, Ethereum, and Solana racking up serious gains. Zooming in closer, however, the market’s biggest winners are none other than liquid staking tokens, also called “liquid staking derivatives” (LSD). The tokens behind projects like Lido Finance (up 50.3%) and Rocket Pool (up 23.3%) have absolutely soared over the last few days. The reason?… Source link