Crypto News

Bitcoin Price Struggles Below $43,500 Resistance Zone Is BTC on the Verge of a Recovery Wave? Bitcoin price has been facing a tough time trying to break above the $43,500 resistance zone. Many crypto enthusiasts are eagerly waiting for a clear move above the $44,000 mark, hoping it will signal the start of a recovery…

Crypto Regulation: Senator Warren’s Inquiries and Their Impact The Letters: Senator Warren’s Concerns On December 18, 2023, US Senator Elizabeth Warren sent three letters to the Coin Center Director Jerry Brito, Blockchain Association CEO Kristin Smith, and crypto exchange Coinbase. The senator set January 14, 2024, as the deadline for a response to her inquiries….

The Bitcoin Market through the Lens of Stock-2-Flow: A Closer Look In a recent post that echoes his previous analysis, the renowned Stock-2-Flow (S2F) model creator, PlanB, highlighted a pivotal phase transition in the Bitcoin market. However, it may remain unrecognized by many. Reflecting on his analysis from January of the previous year, PlanB recalled…

ETF With Hat The Intricate Relationship Between Traditional Finance and Cryptocurrencies In his latest essay titled “ETF With Hat,” Arthur Hayes, the founder of the crypto exchange BitMEX, delved into the intricate relationship between traditional finance (TradFi) and the burgeoning field of cryptocurrencies, specifically Bitcoin. Hayes draws parallels between the current financial strategies of global…

On-chain Data Reveals Significant Resistance Ahead for Bitcoin The Numbers Show a Barrier for BTC On-chain data suggests Bitcoin has a large wall of resistance ahead of it currently. Here are the exact levels that make up this important range. A large amount of Bitcoin supply was purchased between $42,700 & $44,000. According to data…

Welcome to the Crypto Rollercoaster! The Bitcoin ETF Saga Unveiled Oh, the drama! The United States Securities and Exchange Commission (SEC) finally gave the green light for 11 spot Bitcoin ETFs, causing a ripple of excitement in the crypto world. We were all holding our breath, waiting for this momentous occasion. But, as they say,…

Coinbase’s Domination in the Bitcoin ETF Custodianship Concerns Arise in the Crypto Community So, you may have heard that Coinbase, the big kahuna of cryptocurrency exchanges in the US, is now holding the keys to the majority of Spot Bitcoin ETFs managed by various asset management companies. This news has stirred up quite the buzz…

The Bitcoin Halving: Bullish Sentiment Prevails Introduction With the Bitcoin halving event drawing near, data from crypto industry research and analytics platform, CryptoRank.io, has recently revealed that a significant majority of its users – 79% – are bullish about the upcoming halving, while 21% have bearish skepticism. This sentiment echoes the historical trend where previous…