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
The ETH/BTC chart achieved a three-year high of 0.857 BTC. ETH will face a significant challenge at $4,323. As Bitcoin and other altcoins have been trying to recover from recent losses, Ethereum has outperformed the rest of the cryptocurrency market. Furthermore, Ethereum (ETH) is trading at a three-year high versus
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
These incidents do not deter seasoned investors. The bear market began in early November. The global cryptocurrency market has fallen nearly 17% in 24 hours. Experts expected a crypto market meltdown in December, but most investors were surprised by the magnitude. The bear market began in early November, and the
The cryptocurrency has subsequently regained some of its losses. Cardano, Solana, Polygon, and Shiba Inu all suffered significant losses. Investors’ pre-Christmas risk-aversion has wreaked havoc on global markets. Right from stocks to cryptocurrency. Bitcoin became the latest cryptocurrency to succumb to severe selling pressure. Falling by as much as $10,000
For a long time, Facebook has been involved in the crypto discussion. Crypto advertising is perhaps at its highest point in history. Google’s crypto ad policy seems to have evolved, favouring crypto platforms advertising on Google channels in the last few months. Facebook, renamed Meta, makes it simpler for crypto
The price of BTC remains unpredictable for the rest of the year. The rising Relative Strength Index (RSI) confirms this optimistic forecast. Bitcoin is presently trading over $57,000, rekindling prospects for fresh year-end record highs. After recouping last week’s losses due to the new Omicron Coronavirus type and crypto regulatory
Russian speakers were identified as the perpetrators of cybercrime. Google advises its cloud users to use two-factor authentication. Hackers are utilizing stolen cloud accounts to mine bitcoin. Google’s cybersecurity action team identified the mining attack in a report. Moreover, they advised how to combat threats to its cloud service —
Near-term threats include virus worries and worldwide market corrections. The critical support is presently between $53K and $50K. Fear of a new COVID-19 variation propelled global equities down, prompting the crypto market to fall. Although the near-term price movement is negative, the underlying fundamental and on-chain trend remains bullish. Bitcoin
