UAE airline service Emirates has planned to add Bitcoin as a payment service. However, the firm plans to launch a metaverse and NFT trading platform. The NFT collectibles will be added to the company’s website for trading. Some countries and big firms have initiated the adoption of cryptocurrencies while the
On May 13, the bullish BTC price analysis is at $69040. BTC’s bearish market price analysis for May 13, 2022, is $20155. Bitcoin’s MA shows a downward trend. In Bitcoin Perpetual Future (BTC) price analysis on May 13, 2022, we use price patterns, and the Moving Average of BTC to
The cycle contains four main stages: accumulation, markup, distribution, and markdown. Although another warning indication for BTC is that the price is still below the EMA. The gains earned last year were wiped out by Bitcoin’s fall to late 2020 prices as investors fled risk assets after the collapse of
Terra LUNA, along with UST almost at their ends. Price of LUNA crumbled down to 99.69%. Will the Founder’s mitigation plan come to aid?. The time and world are highly unpredictable and so is the cryptocurrency industry and market too. With the currently ongoing crypto market crash for almost more
With Bitcoin’s price falling, miners may be in for a rough ride as well. After the readings, other major cryptocurrencies also went negative for the day. Minutes after statistics indicated that U.S. inflation was more than predicted in April, Bitcoin (BTC) fell below $30,000 on Wednesday. As a result, the
An analysis platform has stated that BTC will reach $50K in Q3. The actual state of the crypto market has let down the trader’s expectations. IncomeSharks states that BTC will reach around $48,000 to $50,000. Despite the fact that Bitcoin is currently dipping towards $30,000, an analysis platform has stated
Dropping to $29,944, bitcoin’s price went below the $30k support. A growing number of institutions and individuals are putting money into bitcoin. There are now 836,922 addresses with at least one Bitcoin, according to Glassnode’s statistics. The numbers have risen dramatically due to the skyrocketing adoption and worldwide acceptability. A
The entire crypto space is witnessing a massive downfall in the last two days, reflecting drastic price changes in all cryptocurrencies. To be specific, the price of Bitcoin (BTC) tumbled down, raising the risk level for all investors in the marketplace. On that note, BTC slopes down to 50% from
BTC’s liquidation in the last 24h accounts to $1.11B. Bitcoin and Ethereum crashed below 50% from their all-time high (ATH). The global crypto market witnessed a 10% drop in terms of capitalization from $1.65 trillion USD to $1.45 trillion USD in the last 24 hours. Bear markets continue to overpower
After a week of severe consolidation, Bitcoin (BTC) looks to have found support around the 2022 lows. Just over the $30,000 mark is where the token is trading at the moment. Concerns about growing inflation and interest rate increases by the Federal Reserve accounted for a large portion of BTC’s
