In Bitcoin We Trust. Clearly, the two sister companies of the group iFinex become more and more tied to the destiny of Bitcoin (BTC). In fact, the crypto exchange Bitfinex and issuer of stablecoins Tether invest in Bitcoin without hesitation and its ecosystem. The technical director (CTO) of these two companies, Paolo Ardoinoteaches us today…
Slow Bitcoin – While Bitcoin and Ethereum recorded their third week in a row in the red, the price is returning to low volatility. Indeed, the Bitcoin price is stagnating around $26,000, and sellers are currently unable to persuade buyers. The year 2023 has allowed BTC to regain color, but volumes continue to fall. Could…
As usual, not much happened on the crypto market and especially Bitcoin over the weekend. Some liquidity was fished through small stop hunts, but nothing earth-shattering. Investors should exercise patience over the weekend to avoid unnecessary losses. Because the market makers like to use the weekend to get traders into positions and then liquidate them…
Do whales take advantage of the fall? In any case, this is what the figures from IntoTheBlock suggest. Indeed, entities with at least 0.1% of BTC supply increased their reserves by $1.5 billion. The whales are on sale while the course of the Bitcoin stagnates around $26,000. BTC once again closes the week in the…
The misfortune of some is the happiness of others. Your crypto wallet and yourself are not unaware of it, especially when observing BTC price the last days. And yet, in all this misfortunesome seem to find their happinessthis is the case of BTC whales which continue to gobble up tons of bitcoins. $1.5 Billion in…
This post first appeared on sanctuary. The crypto community rejoiced in the fact that Grayscale won the case against the SEC. This result was immediately positive for cryptocurrencies. Not only due to the fact that Grayscale will attract many new prospects for cryptocurrencies. But also because it means the SEC might be more likely to…
Strong Bitcoin in 2023 – Long-term holders prefer Ethereum over Bitcoin. Indeed, Ethereum has more than twice as many long-term holders as the king of cryptocurrencies. At the same time, the Bitcoin price is solid compared to other years. Despite the recent drop that brought the price back close to $25,000, BTC is resilient. The…
Ethereum still in the red, despite everything. THE August just closed, and it’s red for cryptocurrencies. The course of Bitcoin displays a decrease of 11.3% in August, and Ether does not show a better performance. Since 2013, the month of September is bearish for Bitcoin. Hopefully this time buyers will be there. The course ofEthereum…
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The Bitcoin price is currently in danger: As already indicated in yesterday’s Bitcoin price analysis, the profits from the news event about a possible Bitcoin Spot ETF from Grayscale were completely eliminated. Investors now have to wait and see if the key support at $25,200 will be revived. This must hold and must not be…
Ignition delay for Bitcoin ETFs. As you may know, major players in finance, such as BlackRock and Fidelityare currently engaged in a frantic race to get the long-awaited approval of Bitcoin ETFs. However, the Securities and Exchange Commission (DRY), the financial regulator in the United States, recently announced that it would have need more time…
Back to square one for Bitcoin – After Grayscale’s SEC victory, Bitcoin rebounded from the support level at $26,000 and saw an uptick. increase of more than 8%. However, a few days later, the price is back at $26,000. In fact, the SEC has decided to postpone the decision on Bitcoin ETFs. Once again, we…
