Bitcoin

A closely followed crypto strategist believes payments network XRP is likely ready to rally while seeing more upside potential for Bitcoin (BTC) and one under-the-radar altcoin. Pseudonymous analyst Cantering Clark tells his 159,200 Twitter followers that it’s “almost time” for XRP to burst to the upside. “XRP looks really good.” Source: Cantering Clark/Twitter Looking at the analyst’s chart, it appears that XRP has broken above a high volume node range while also… Source link

Several on-chain metrics from the Bitcoin (BTC) network are flashing buy signals following this year’s rally. Bitcoin has broken out of its torpor to notch up a 37% gain since the beginning of 2023. However, on-chain data is still signaling it could be a “generational buying opportunity” according to analysts. On Jan. 24, researcher and technical analyst “Game of Trades” identified six on-chain metrics for his 71,000 Twitter followers. The first metric is an accumulation trend score… Source link

A United States appeals court is set to hear the oral arguments relating to Grayscale Investment’s lawsuit against the Securities and Exchange Commission (SEC) over its decision to deny Grayscale’s Bitcoin (BTC) spot exchange-traded fund (ETF). According to a court motion filed on Jan. 23, both sides will present their arguments at the District of Columbia Court of Appeals on March 7, at 9:30 am local time. Oral arguments are spoken presentations delivered by attorneys summarizing why… Source link

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Bitcoin has rallied more than 37% since the beginning of 2023 and is on pace for its best monthly return since October 2021. Analysts have pointed to the weakening dollar, inflation expectations, and institutional buying support catalyzing this rally. The fading impact from squeezed short positions, as well as troubled firms needing to cash in their profits on bitcoin, make $25,000 the next key price level to watch. Currently changing hands at $23,000, bitcoin (BTC-USD) is trading at its… Source link

Bitcoin (BTC) traded sideways at the Jan. 24 Wall Street open, with analysts at a loss over where the price would go next. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price holds below key resistance Data from Cointelegraph Markets Pro and TradingView tracked a day of consolidation for BTC/USD, which continued to linger near $23,000. The pair saw little reaction to the start of trading, including technical problems at the New York Stock Exchange, while United States… Source link

Satoshi Nakamoto is the pseudonym used by the creator(s) of Bitcoin, whose true identity remains unknown. The name was used to author the original Bitcoin (BTC) white paper in 2008 and to create and deploy the first Bitcoin software in 2009. Nakamoto’s true identity has never been revealed, and they have remained an enigma in the world of cryptocurrency. They are estimated to have mined around 1 million BTC in the early days of the network, which would make them one of the wealthiest… Source link

GSR II Meteora Acquisition Corp. logo Signs 440 New Retail Locations Across North America, Continuing as Leading U.S. BTM Operator by Market Share Bitcoin Depot Kiosk Bitcoin Depot has approximately 7,000 kiosk locations across 47 states and ten Canadian provinces. ATLANTA, Jan. 24, 2023 (GLOBE NEWSWIRE) — Lux Vending, LLC dba Bitcoin Depot Inc. (“Bitcoin Depot”), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today announced multiple partnerships with… Source link

Bitcoin Loophole facilitates Bitcoin (BTC) trading through automated crypto trading software. It uses trading bots to help users make financially sound decisions in the crypto markets to make large chunks of profits. Cryptocurrency trading has gone mainstream, with traders making large sums of money in the market. Bitcoin Loophole takes this experience one step further. Over the past decade, what started as a peer-to-peer electronic cash system on blockchain technology has evolved into a… Source link

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