Bitcoin

“First Mover” hosts spoke with Bloomberg journalist and author of the book “The Contrarian,” Max Chafkin, about the Silicon Valley evolution and the coming of Web 3. 3IQ CEO Fred Pye shared markets insights as bitcoin trading lower today, Plus, will metaverse real estate see more growth on blockchains other than Ethereum? Head of Metaverse Growth at Unique Network Irina Karagyaur shared her take. Source link

The year 2021 was marked by several major breakthroughs for cryptocurrencies. For one, new crypto applications like non-fungible tokens (NFTs) gained ground, with sales of these digital assets setting new records at major auction houses. Secondly, Bitcoin made strides towards mainstream acceptance, with major websites like Expedia and Microsoft accepting the coin as a means of exchange. Third, in September, El Salvador became the first country in the world to accept bitcoin as legal… Source link

On Sunday, December 19, a dormant address that received 235 bitcoin in 2013 was activated after more than nine years of sitting idle. Bitcoin’s price has dropped lower after reaching its all-time high on November 10, and throughout December, records show a great number of so-called ‘sleeping bitcoins’ have activated during this period. Dormant Addresses Wake up After Years of Slumber The day that bitcoin (BTC) tapped an all-time price high at $69K per unit on November 10, a… Source link

Bitcoin (BTC) prepared a showdown with a key moving average (MA) price trend on Dec. 19 with time running out for a strong 2021 close. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “I vote we bounce and stay bull” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading at $47,000 Sunday, still firmly in an established range. That price is currently the location of Bitcoin’s one-year MA trendline, an important historical line in the sand that has enabled… Source link

This is the tech analysis for Bitcoin (BTC). We will be looking at movements from the day prior and today’s support, resistance, pivot levels, and Fibonacci’s. Additionally, we will look at the broader market moves on the day prior and any key market drivers. Please see the end of the article for a full video tech analysis including a look at the EMAs. Bitcoin’s Day Prior Moves Bitcoin, BTC to USD, rose by 1.54% on Saturday. Partially reversing a 3.10% slide from Friday, Bitcoin ended… Source link

Bullish traders that drank the “Bitcoin to $100,000 by year-end” Kool-Aid are now coming to terms with the fact that there may be no Santa Claus rally to wrap up 2021. At the moment, the pipe dream has morphed into simple hopes that the top cryptocurrency can at least finish the year above $50,000.  Data from Cointelegraph Markets Pro and TradingView shows that the bounce in price seen in BTC following remarks from Federal Reserve Chair Jerome Powell has pretty much evaporated and over the… Source link

A technical sell signal is about to appear on the Bitcoin (BTC) daily chart. On Dec. 18, the BTC price will experience a death cross, a market indicator that occurs when a short-term moving average slips below a long-term moving average. In this case, Bitcoin’s 20-day exponential moving average (20-day EMA) will close below its 200-day exponential moving average (200-day EMA). The indicator may end up alerting traders and investors about a potential selloff in the coming sessions, given its… Source link

Bitcoin (BTC) bears will probably be too “stoneless” to keep prices down much longer, fresh BTC price analysis argues. In a Twitter series published Dec. 18, popular account Light summarized the events which led to Bitcoin’s recent 39% correction. Sheep in bear’s clothing A combination of macro factors and smart action from big players left retail investors holding the bags in both Bitcoin and altcoins, Light explained. This was apparent before the comedown from $69,000 accelerated into… Source link

Investors will return to crypto markets when the appetite for risk picks up, he said. “With interest rates increased, investors would tend to be more favorable to traditional investments ahead of crypto, however, with the higher ROI [return on investment] that digital currencies and DeFi offers, the nascent asset class may win in the long run.” Source link

Bitcoin (BTC) may be flagging below $50,000, but its bull market is actually three years old this month. Data from Cointelegraph Markets Pro and TradingView confirms that Bitcoin bulls have at least something to celebrate as 2021 draws to a close. Three years, 2,125% upside Despite disappointing when it comes to end-of-year price expectations, BTC/USD remains an order of magnitude higher than where it was even 18 months ago. March 2020 marked a brief return to near cycle lows in what had… Source link