Customer support staff swamped during market swings — exchange execs
Regulatory clarity will drive the next bull run — hedge fund co-founder
A former head of risk at Credit Suisse believes the next crypto bull market will stem from “regulatory clarity” in the United States — which he expects to happen in early 2023. Speaking to Cointelegraph, the former head of valuation risk at Credit Suisse, CK Cheng said some of the regulatory efforts underway in the […]
Everyone is buying the dip, but are they all buying BTC?
Many retail Bitcoiners bought the dip amid this week’s crypto market bloodbath, with on-chain data showing the small guys have accumulated an additional 12,000 BTC in the last month. Analyst William Clemente III shared data compiled by on-chain analytics provider Glassnode showing that the number of entities holding between 0.01 and 0.1 BTC surged as […]
Bitcoin closes six monthly green candles for the first time since 2013
Bitcoin has just closed six consecutive monthly green candles for the first time since April 2013. Should history repeat, Bitcoin may enjoy further parabolic gains this year. In April 2013, Bitcoin closed at roughly $140 after posting six green monthly candles. While the markets would retrace to less than $100 over the next two months, […]
Bitcoin rally slows as whales transfer wealth to retail investors
Analytics provider Glassnode is reporting that current on-chain indicators suggest the Bitcoin bull market may be entering into its later stages. In its March 22 Week on Chain report, on-chain analytics provider Glassnode noted a decline in the number of Bitcoin whales despite consistent accumulation from wallets holding 1 BTC or less since March 2018. […]