China’s state TV crypto broadcast “big deal”, Binance CEO says
Binance CEO Changpeng Zhao says China’s state TV crypto broadcast is “a big deal.” He notes that previous coverage has historically been bullish for crypto. His comments come as Bitcoin price struggled to stay above $26k on Wednesday. Binance CEO Changpeng Zhao, popularly known as CZ, says China broadcasting a crypto segment on state broadcaster […]
Bitcoin metric signals volatile $40k-$22k move, analyst says
Bitcoin could see a volatile phase within the $40k and $22k price range, James Check, lead on-chain analyst at Glassnode says. BTC’s sell-side risk ratio is approaching an all-time low, with traders on both sides showing exhaustion after recent price action. The flagship crypto traded at $26,400 on Wednesday, about 3% down in the past […]
US is losing the Bitcoin movement, says Cathie Wood
Key takeaways Cathie Wood has stated that she believes the United States is losing the Bitcoin movement due to the regulatory system. She stated that the collapse of FTX proved the concept of Bitcoin. Cathie Wood’s Ark Invest is one of the major investors of Coinbase. US is being left behind, says Cathie Wood Cathie […]
Bitcoin price tests key resistance amid Hong Kong news
Bitcoin price rose to $27,500 on Coinbase early Tuesday, with the upside coinciding with positive crypto news from Hong Kong. This is after the Securities and Futures Commission (SFC) announced that registered exchanges will begin allowing retail investors to trade BTC and ETH from 1 June. Analysts say Bitcoin’s immediate price outlook needs a break […]
Why are Bitcoin transaction fees rising, and what are BRC-20 tokens?
Key Takeaways BRC-20 tokens were launched on Bitcoin in March 2023 Transaction fees spiked to all-time highs in May 2023 as network activity spiked Bringing memes and NFTs to Bitcoin has caused controversy Some argue the rising fees are vital to the security of the network, while others scoff at the activity for getting away […]
What next for the KAVA price after 40% spike?
KAVA price jumped more than 40% despite the overall market lull, reaching highs of $1.56 on Binance. While there was no clear trigger for the surge, Kava has had a few major developments in recent weeks. KAVA currently trades around $1.17 and is in danger of giving up all the gains if profit taking deals […]
Interest in Bitcoin down to two-year low
Key Takeaways Google search data for Bitcoin is at a two-year low Search volume is close to the levels last seen before the crypto boom of 2021 Despite rising prices in 2023, crypto industry continues to suffer from dwindling volumes This trend is backed up when looking at liquidity and trade volume, which have also […]
Metacade price sees strong bounce off key technical level
Metacade price has jumped 4% in the past 24 hour as bulls bounced off a key support level. With Metacade building the ultimate Web3 hub, interest in MCADE could see its price rally in coming months. The price prediction for Metacade however also takes into account potential headwinds around broader risk asset markets. Metacade price […]
can VRA capitalise on nearly 3M tweets?
VRA was trending with nearly 3 million tweets on Tuesday morning, top trending on CT ahead of Render (RNDR), Pepe (PEPE) and XRP(XRP). Verasity (VRA) is a blockchain-based platform seeking to revolutionise the video ads industry. The price of VRA was up 3% at the time of writing, trading around $0.0044. Verasity (VRA) price has […]
Top analyst’s Bitcoin price outlook for the next week
The next week will be critical for BTC, crypto analyst Michael van de Poppe says. Bitcoin price could see a new uptrend if BTC can break out after a successful retest of the 200-day moving average. However, if BTC fails to break above this level, it could fall to past recent lows, with the key […]