Bitcoin

Veteran trader Peter Brandt has warned that bitcoin’s price corrections have taken many months in the past and it may take some time for the price of the cryptocurrency to hit another all-time high. He criticized bitcoin’s proponents for constantly hyping the crypto regardless of the price. Peter Brandt Warns It May Take Some Time for Another Bitcoin Peak Veteran trader Peter Brandt cautioned investors Thursday that it could take some time for the price of bitcoin to reach another… Source link

Kevin O’Leary, aka Mr. Wonderful, has shared what he thinks the price of bitcoin will be in the coming years. He said when institutions get the go-ahead from their compliance departments to invest in bitcoin, the price of the cryptocurrency “is going to appreciate dramatically.” Kevin O’Leary’s Bitcoin Prediction Shark Tank star Kevin O’Leary shared his prediction of the price of bitcoin in an interview with Stansberry Research last week. He explained that many… Source link

Bitcoin (BTC) may be struggling at $40,000 but fresh data is reinforcing the fact that hardly anyone is interested in selling. Data from on-chain analytics firm Glassnode shows that despite price volatility, over 60% of the BTC supply has not left its wallet in a year or more. Strong hands have rarely been stronger Stubborn hodling by long-term investors is a characteristic that differentiates the current Bitcoin market climate from most other downtrends. With spot price action passing 50%… Source link

“We remain cyclically bearish on bonds, although yields could soon pause; conditions are becoming technically stretched and U.S. rate expectations have already ratcheted higher,” MRB Partners wrote in a research note this week. “However, any pause, like the dip in yields last year, will not mark the end of the cyclical rise in yields.” Source link

Text size Dreamstime.com Bitcoin fell below $40,000 Friday on renewed worries of an… Source link

Bitcoin (BTC) saw its first major test of $40,000 for several weeks overnight, but what price zones are traders watching next? Whether long or short-term, the answer for many is simple: The range is still intact. Bitcoin wobbles after “moment of truth” On the back of macro pressures, BTC/USD saw a moderate sell-off on Feb. 17, which continued into Friday, with local lows of $40,330 appearing on Bitstamp, as per data from Cointelegraph Markets Pro and TradingView. A bounce took the pair… Source link

Bitcoin (BTC) and altcoins dropped further on Feb. 17 after the situation in Ukraine worsened and Russia expelled Bart Gorman, the United States Deputy Chief of Diplomatic Mission, from the country after President Biden reiterated that the threat of a Ukraine invasion by Russia was “very high.”  Data from Cointelegraph Markets Pro and TradingView shows that the afternoon resurgence in sell-side pressure dropped the price of Bitcoin to a daily low at $40,081 as bulls frantically regroup… Source link

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The quick-moving volatility that the cryptocurrency market is known for reared its ugly head on Feb. 17 as ongoing tensions between Russia and Ukraine and the rest of the world walloped financial markets around and briefly plunged Bitcoin price below the $41,000 level.  Data from Cointelegraph Markets Pro and TradingView shows that the crypto market was hit with a wave of selling beginning near midday on Feb. 17 that dropped BTC to a daily low of $40,743 before bulls bid the price back… Source link

Also, the network hosts a vibrant staking economy with over 74% of the total supply of SOL currently being staked. For those unfamiliar with the term staking, it is the process of depositing or locking away an amount of tokens on a blockchain to become eligible to take up the role of a validator, or an active participant of the network, and, in turn, earn rewards. Source link