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The crypto has been fighting to break over the 50k mark. The 200-day EMA is also present at this identical level. Since December 4th, Bitcoin (BTC/USDT) has spent a whole week trading sideways in a channel between $47k and $51.5k. The biggest cryptocurrency by market capitalization is trading slightly over
Crypto markets may be nearing a bottom. BTC is still unable to surpass $50K. A new COVID-19 variation, inflation, and other headwinds contributed to a little decline on Saturday 11th December in the global cryptocurrency market despite a persistent decline over the previous several days. For now, the crypto market
Twitter announced that it had investigated the incident. The Modi government is now drafting laws to restrict cryptocurrency usage. Indian Prime Minister Modi’s official Twitter account sent a message on December 12th at midnight (IST) stating India had officially adopted Bitcoin as a legal tender. The government had bought 500
The Modi administration is considering legislation to regulate their use. The Bill will be presented to the Indian Parliament for consideration. United States President Joe Biden hosted a two-day virtual “Summit for Democracy” on December 9-10, drawing representatives from over 110 countries. China on Thursday accused the United States of
Ethereum is expected to fall below $3.6k in the following few weeks. Lower highs have been established since the $4,891 ATH. The crypto market’s value decreased from $2.8 trillion to $2.18 trillion in only a month. ETH, SOL, and ADA are all down 30-40 percent from their all-time highs in
The weekend flash collapse saw it fall as much as 21% on Saturday. Today, Bitcoin surged 4.4 percent to $50,101 in the New York trade. Today’s Bitcoin price has again relieved investors. Bitcoin rose after a survey revealed the fastest rise in US consumer prices in almost four decades. Due
Most big cryptocurrencies are down 3-10% today. Bitcoin’s price failed to break the USD 50,000 barrier. Bitcoin financing rates on China’s derivatives markets progressively recovered from negative territory. Two days after a 20% drop, Bitcoin climbed to around $51,000 on Monday. The biggest cryptocurrency traded well over $50,000. Trading volume
Experts realize they may have overestimated the market’s ability. The focus has shifted to 2022, as price forecasts have dried up. The crypto market’s dread of a sluggish comeback to higher levels may easily persuade investors to feel it’s going to go more down. With traders still processing the effect
Bitcoin (BTC) plunges down to $49K. The year 2022 will be quite a loop and not bright for BTC. BTC will hit $100K only by the year 2023. The most hilarious part of this is that the year 2021 has not yet ended and people have already forecasted 2022 completely
The Reserve Bank of India wants a full ban on digital currencies. Mr. Ambani has said that he is a huge supporter of blockchain technology. India’s wealthiest man, Mukesh Ambani, praised the country’s policies and legislation in favor of the proposed data privacy and cryptocurrency bills on Friday. Moreover, Ambani
