3 reasons why it could be a rocky week for Bitcoin, Ethereum and altcoins
Continuing with 2022’s trend, there is a lack of positive excitement in the crypto market. While Bitcoin (BTC) and altcoins have remained stagnant to start 2023, there are a few reasons why volatility could spike in January. Market caps during the 2022 holiday period. Source: Arcane Research Winklevoss Letter to DCG stirs up bankruptcy FUD […]
Models and fundamentals: Where will Bitcoin price go in 2023?
Bitcoin (BTC) had a bumpy ride throughout 2022, along with the rest of the digital asset market. The cryptocurrency began the year exchanging hands around $46,700 and is currently trading over 64% down at $16,560 at the time of writing. Consequently, the coin’s market capitalization took a tumble from around $900 billion on Jan. 1, […]
3 reasons why Bitcoin is likely heading below $16,000
December will likely be remembered by Bitcoin’s (BTC) fake breakout above $18,000, but apart from that brief overshoot, its trajectory was entirely bearish. In fact, the downward trend that currently offers an $18,850 resistance could bring the BTC price below $16,000 by mid-January. Bitcoin/USD price index, 12-hour. Source: TradingView A handful of reasons can explain […]
Argo blockchain suspends trading on NASDAQ due to upcoming announcement
Bitcoin mining firm Argo blockchain has suspended trading of its American depositary shares (ADS) on NASDAQ, according to a Dec. 27 press release. The company says that it needed to suspend trading because of an announcement that will come on Wednesday morning and because the London Stock Exchange is closed on Tuesday. Argo says that it […]
Bitcoin Jack’s BTC trading is based on a list of risks and components
Well-known Twitter personality Bitcoin Jack, who tweets as @BTC_JackSparrow, joined Cointelegraph’s Crypto Trading Secrets podcast for an interview, which was recorded on Dec. 19. Jack covers many topics in the episode, including how he looks at the crypto space and prioritizes timing over price levels — “when” over “where.” Jack analyzes the crypto market based […]
Time in the market: Ways to approach crypto investing in 2023
2022 was brutal for cryptocurrency and nonfungible token (NFT) investors. Bitcoin (BTC) hit its yearly low on Nov. 21, almost exactly a year after it reached its all-time high price of $69,044. After such a tumultuous year, how should crypto investors plan for 2023? Firstly, this space has critical risks worth considering before investing. Macroeconomic […]
40% of 40K respondents plan to buy crypto in 2023: Blockchain.com survey
Despite the gloom of the ongoing cryptocurrency winter, coupled with the failures of crypto giants like FTX, the community appears to remain bullish on crypto, according to a new survey. Crypto markets saw a massive sell-off in 2022, with the total market capitalization plummeting nearly 70% since Bitcoin (BTC) reached its all-time high at $69,000 […]