Nobody could argue that 2022 was anything but a bear market. After Bitcoin reached an ATH in November of 2021 we saw the bear market develop in classic fashion by losing support at key technical levels. While the bear was playing out in somewhat predictable fashion, the market was caught off guard by the events…
Bitcoin’s resurgence in 2023 has created wealth for many crypto investors, as there has been a significant rise in the number of Bitcoin millionaires. These Bitcoin millionaires happen to be wallet addresses whose BTC holdings equal $1 million or above. Number Of Bitcoin Millionaires According to data from BitInfoCharts, there are currently 97,497 Bitcoin millionaires.…
Billionaire Tim Draper has predicted a new all-time high for Bitcoin, foreseeing a staggering $250,000 rise for the cryptocurrency in 2024. Bitcoin To Reach $250,000 In a recent exclusive interview with Coin Bureau, a crypto informational portal, American venture capital investor, Tim Draper and Co-founder and CEO of Real Vision, Raoul Paul shared compelling insights…
Bitcoin price corrected gains and tested the $42,650 zone. BTC is again attempting a fresh increase and eyeing a move above the $43,750 resistance. Bitcoin found support above the $42,500 zone and started a fresh increase. The price is trading below $43,550 and the 100 hourly Simple moving average. There is a connecting bearish trend…
Another year, another Crypto Christmas special for our team at NewsBTC. In the coming week, we’ll be unpacking 2023, its downs and ups, to reveal what the next months could bring for crypto and DeFi investors. Like last year, we paid homage to Charles Dicke’s classic “A Christmas Carol” and gathered a group of experts…
XRP has been under a cold spell in December for years, with red charts and cold winds every year. Some buyers are still scared about the market because they remember the 66% drop in 2021. The sounds of 2018, a year with an amazing 800% rise, sound like a faraway Christmas carol. They remind the…
Bitcoin price failed to extend gains above the $44,300 resistance. BTC is now moving lower and might find bids near the $42,400 support zone. Bitcoin started a downside correction from the $44,300 resistance zone. The price is trading below $43,500 and the 100 hourly Simple moving average. There is a key declining channel forming with…
The bulls seem to be back in control following the return of the Bitcoin price to above $43,000 this past week. This positive run comes on the back of a period where the premier cryptocurrency struggled, falling below $41,000 at some point. However, the market leader appears to have regained most of its lost momentum,…
The former CEO and co-founder of crypto exchange BitMEX, Arthur Hayes, has shared his thoughts on what could lead to Bitcoin’s downfall. His recent comment also echoes the reservation that the crypto founder has about the potential launch of Spot Bitcoin ETFs. TradFi Could Lead To Bitcoin’s Downfall In his last article for the year,…
The flagship cryptocurrency, Bitcoin, seems to be cooling off following months of experiencing a resurgence on the back of the Spot Bitcoin ETF potential approval rumors. This has led to concerns that the rally might be over, a theory that is boosted by the recent action of the largest holders of the crypto token. Bitcoin…