Bitcoin (BTC) whales are betting on a rebound as fresh data shows “classic” bottom behavior. According to on-chain analytics platform CryptoQuant, large-volume investors are moving coins to derivatives exchanges en masse this month. Analyst: Whales […]
Bitcoin was created after the last big recession in 2009, but this time around the rules of the game have changed. In a post-truth world U.S. economists are now unable to agree on whether a […]
Congressman Brad Sherman, who represents California’s San Fernando Valley in the U.S. Congress, is a keen critic of the cryptocurrency industry. In his view, it undermines the dominance of the American dollar and is a […]
Despite moving outside the confines of a short-term resistance level, Bitcoin (BTC) has yet to validate the breakout with a significant upward move. Bitcoin had been decreasing beneath a descending resistance line since Aug. 15. […]
Arcane Research – a digital asset analysis firm – has published a report examining Bitcoin mining, and its relationship with global energy. The paper argues that the mining industry can transform worldwide energy production for […]
Markets are scary right now, and while the situation is likely to worsen, it doesn’t mean investors need to sit out and watch from the sidelines. In fact, history has proven that one of the […]
Bitcoin (BTC) has made several attempts at breaking out from a short-term descending resistance line. If successful, it could increase the nearest fib level at $21,700. Bitcoin has been decreasing underneath a descending resistance line […]
Seven Seven Six – a US-based venture capital firm founded by Reddit’s creator Alexis Ohanian – will reportedly raise a $177 million fund to invest in the cryptocurrency market. The company plans to allocate the […]
On Aug. 30, global investment bank UBS increased its view on the risk of the United States entering a recession within one year to 60%, up from 40% in June. According to economist Pierre Lafourcade, […]
Bitcoin (BTC) is barely holding on to the lower portion of a corrective pattern and a minor horizontal support area. A breakdown below them could be the catalyst for a sharp downward move. Bitcoin has […]
Copyright ©2024 New Babylon Group of Companies OPC
