Bitcoin

Bitcoin (BTC) may be circling its highest levels in months, but few are convinced that the bull market is back. Ahead of a key weekly close, BTC/USD remains near $21,000, data from Cointelegraph Markets Pro and TradingView shows, with analysts nervous about the good times ending all too soon. Bitcoin to see new “depression” before bull run resumes Bitcoin is dividing opinion after its week of brisk gains. Warnings over a potential pullback abound, while others are already commiserating… Source link

Editor’s Note: Jake Cline is a writer and editor in Miami whose work has appeared in The Washington Post, The Atlantic and other national outlets. He was a member of the team that won the 2019 Pulitzer Prize in Public Service for the South Florida Sun Sentinel’s coverage of the mass shooting at Marjory Stoneman Douglas High School. The opinions expressed here are his own. Read more opinion on CNN. CNN  —  Thanks… Source link

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Swoon” by Falls. Image credit: Javier Zayas Photography/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8. Source link

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

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

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

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

This week in coins. Illustration by Mitchell Preffer for Decrypt. Knock on wood, but it’s two weeks into 2023, and crypto’s green shoots haven’t been clipped yet.  None of crypto’s top 20 coins posted substantial losses this week. Bitcoin (BTC) and Ethereum (ETH) flew higher on encouraging signs that U.S. inflation slowed in December. BTC pushed past $19,000 on Thursday for the first time since just before the collapse of FTX in early November, thanks to news from the Bureau of Labor… Source link

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link