Bitcoin Tests Support, Binance News Weighs; Ethereum Struggles
Bitcoin price falls 3% on Binance news but key support at $36.7K may prevent further losses. Meanwhile, Ethereum battles to hold above $1,935 support.
Bitcoin price falls 3% on Binance news but key support at $36.7K may prevent further losses. Meanwhile, Ethereum battles to hold above $1,935 support.
Long-term Bitcoin investors are accumulating and holding coins at record levels, decreasing supply and signaling bullish expectations. This trend could drive up prices if demand keeps growing.
Miss El Salvador donned a volcanic goddess costume at Miss Universe, celebrating the country’s Bitcoin mining powered by volcanoes.
Meme coins like DOGE saw gains this week while Bitcoin traded sideways above $36k. Avalanche surged nearly 50% after JPMorgan used its blockchain.
The SEC has reportedly advised exchanges to enable cash creation redemptions for spot Bitcoin ETFs, fueling further optimism for approval in early 2023.
Joana Cotar, a member of Germany’s parliament, is pushing an initiative to potentially recognize Bitcoin as legal tender while balancing innovation with regulation.
Avalanche’s AVAX and Near Protocol’s NEAR tokens bucked the downtrend on Friday in Asia, posting gains as Bitcoin slipped below $36.5k and Ether under $2k amid broader risk-off moves.
Bitcoin fell 4% to $35K even as stocks surged on cooling inflation, potentially due to waning optimism around an imminent spot BTC ETF approval.
Arthur Hayes argues investors should bet on crypto, particularly Bitcoin, to hedge against dollar depreciation from massive fiat liquidity entering markets.
A middle-aged Swedish couple became the latest victims of a violent home invasion by a Bitcoin robbery gang active in the country.