Most of the decline, approximately 8%, was after the Federal Reserve increased the Federal Funds interest rate by 0.50% and essentially promised two more 0.50% raises. In a series of charts he emailed on Saturday he believes that Bitcoin could break below support levels and $30,000 is in play. His second chart has a vertical […]
The volume of all stable coins is now $95.73 billion, which is 93.93 percent of the total crypto market 24-hour volume. Prices of Bitcoin nosedived this year largely due to investors abandoning “riskier assets” due to the Russia Ukraine war and the United States Federal Reserve adopting a more hawkish policy. The company’s Bitcoin revenue […]
Lucie, Florida, allegedly misled investors by selling “Mining Packages,” promising substantial returns from mining new cryptocurrencies in what MCC described as their international network of crypto mining machines, according to the DOJ press release. According to a US Securities and Exchange Commission complaint filed last month, Capuci sold mining packages to more than 65,000 investors […]
Bitcoin dropped to as low as $33,266 in morning trade, testing the January low of $32,951. The tech heavy Nasdaq fell 1.5% last week, and has lost 22% year to date, hurt by the prospect of persistent inflation forcing the U.S. …Read the full story
An apartment in Portugal has changed hands, with the buyer paying directly in cryptocurrency in a reported first for the country. …Read the full story
Bitcoin dropped to as low as $33,266 in morning trade, testing the January low of $32,951. The tech heavy Nasdaq fell 1.5% last week, and has lost 22% year to date, hurt by the prospect of persistent inflation forcing the U.S. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia […]
After consolidating above the $37K decisive level for a few weeks, Bitcoin was eventually rejected after another attempt at $40K and plunged below the key support following tremendous bearish momentum. Many retail investors have been buying Bitcoin around the $37K range, resulting in a lot of liquidity below the threshold level. On the other hand, […]
Bitcoin started a strong decline below the $37,500 support against the US Dollar. Bitcoin price struggled to stay above the $36,000 support zone and extended downsides. The price even traded below the $34,000 level and traded to a new multi-week low at $33,700. The trend line is near the 23.6% Fib retracement level of the […]
Ever since the conflict in Ukraine, the cryptocurrency market has remained volatile, and in the last seven days, it has shed nearly 7%. Also, Bitcoin has been moving on a bearish consolidation due to several macroeconomic factors since April. “Currently, a third of people in the UK hold crypto assets as regulatory and institutional bodies […]
Bitcoin slid through a key support level during the weekend to almost a four-month low, its lowest since January and a decline of more than 25% year to date . Bitcoin price today slipped below $34,000 and was trading nearly 2% lower at $33,948. On the other hand, Ether, the coin linked to the ethereum […]
US Senators Elizabeth Warren and Tina Smith have expressed their deep concerns over Fidelity’s Bitcoin 401k pension plan. Hestu Yoga Saksama, director of tax regulations for the Ministry of Finance Indonesia, explained the rationale behind the taxation of cryptos in an interview with CNN Indonesia. US Senators Warren and Smith have questioned the rationale behind […]
Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. At the moment, the rate is close to the $35,000 mark, which means that bulls are more powerful than bears at the moment. On the daily time frame, Bitcoin made a false breakout of the $34,324 […]
![Bitcoin [BTC] to $0 or $1,000,000? That is the question for the king coin – AMBCrypto](https://www.trendscan.net/wp-content/uploads/2022/05/100222_img-1000x576.jpg)
And what came out of that? EBay and Amazon and all sorts of interesting businesses came out of the Dot-Com sort of 1.0 era. With a keen interest in blockchain technology and its limitless possibilities, Abiodun spends his time understanding the technology, building projects, and educating people about it. Disclaimer: AMBCrypto’s content is meant to […]
Bitcoin sinks to sub-$35,000 as bearish sentiment hit the crypto market in the week ending May 8, 2022. Following a 2.49% loss from the previous week, BTC looks set to end the week at sub-$35,000. Increased demand for ALGO as a staking crypto provided the upside in the week, with Algofi, a DeFi platform on […]
With #Bitcoin now having retraced all the way down to $33.9k, trader sentiment has fallen to six week lows. …Read the full story
Bitcoin has extended its decline during the weekend and is now on track for its sixth successive weekly loss, the first such occurrence since 2014. The BTC/Tether pair has a minor support at $34,322 but if bulls fail to defend this level, the decline could extend to $32,917. If the price turns down from this […]
“It’s a big jump and we haven’t seen something like this for decades. That means that if at either of those times you had sold shares and moved into Bitcoin, you would have lost more than you would have in shares. If you do want to go to cash, or you have some to invest, […]
