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Bitcoin(BTC) Price Preparing for a Bullish Close-These are the Targets for December 2022

The bearish markets have appeared to have wanned significantly as the Bitcoin (BTC) price has inflated to some extent. Meanwhile, the price failed to secure the levels beyond the crucial resistance, due to which bearish interference may be expected any time from now. However, the trade set-up appears to be in favour of the bulls … Read more

Standard Chartered forecasts ā€˜surpriseā€™ Bitcoin downside after FTX collapse

The value of Bitcoin (BTC) is being touted to drop as low as $5,000 in 2023 according to Standardā€™s Chartered global research head and chief strategist. As initially reported by Bloomberg, a note to investors published on Dec. 4 from the multinational bankā€™s chief strategist Eric Robertsen weighed-up a potential drop in Bitcoinā€™s value correlated … Read more

‘Imminent’ crash for stocks? 5 things to know in Bitcoin this week

Bitcoin (BTC) starts its first full week of December at three-week highs as bulls and bears battle on. After a weekly close just above $17,000, BTC/USD seems determined to make the most of relief on stocks and a weakening U.S. dollar. As the United States gears up to release November inflation data, the dollar looks … Read more

Top Analyst Forecasts Massive 2023 Bitcoin Rally, Updates Outlook on Ethereum and Cosmos – The Daily Hodl

A widely followed crypto strategist believes that Bitcoin (BTC) is gearing up for a massive rally next year. Analyst MichaĆ«l van de Poppe tells his 642,700 Twitter followers that he expects Bitcoin to ignite big rallies toward his targets of $42,313 and $50,324 by June 2023 based on key Fibonacci levels. ā€œRelief rally targets for … Read more

Yet Another Bitcoin Price Model Fails

Alex Dovbnya It seems that widely used Hash Ribbon model has now failed for first time, with crypto winter shaping up to be extremely severe Disclaimer: The opinion expressed here is not investment advice ā€“ it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all … Read more

XRP Lawyer Hints This Could Cause Another 50% Crypto Crash

XRP News: The global cryptocurrency industry is still struggling to recover from the recent Sam Bankman-Friedā€™s (SBF) FTX collapse. Industry experts have alleged the US SEC and its chair, Gary Gensler for taking irregular steps to protect the market. However, the XRP holdersā€™ lawyer has suggested that there could be more pain ahead for the … Read more

El Salvador President Disses Bloomberg Over Bitcoin Experiment Criticisms

El Salvador President Nayib Bukele called a Bloomberg report on its bitcoin experiment ā€œfull of lies.ā€ The crypto community largely seems to agree with him. This article has been originally published at: https://beincrypto.com/el-salvador-president-disses-bloomberg-bitcoin-experiment-criticisms/

Avalanche price analysis: AVAX gears to test $14.29 resistance as bullish momentum recharges | Cryptopolitan

Avalanche price analysis confirms an increasing trend for cryptocurrency as the coin value has increased today. The price levels have increased again as bulls continue their lead after the correction that took place in the previous trading session, which resulted in a break upward for the price function.Ā  The coin value is $14.18 currently, after … Read more

Senator Ted Cruz Sees Texas as Potential Crypto Hub, Also Bets Big on Bitcoin

The lawmaker says the American state of Texas presents itself as an attractive place for crypto businesses and the industry at large. US lawmaker Senator Ted Cruz has publicly shared his views that Texas has excellent potential to become a global crypto hub. Cruz revealed this while speaking at the Texas Blockchain Summit 2022 which … Read more

Troubled crypto lender Genesis owes creditors at least $1.8 billion: CoinDesk

Troubled crypto trading and lending firm Genesis owes its creditors at least $1.8 billion, CoinDeskĀ reportedĀ Sunday. The Financial Times firstĀ reportedĀ on Saturday that Genesis owes customers of Gemini’s Earn program $900 million. In addition to that, Genesis owes another $900 million to a group of assorted creditors, which law firm Proskauer Rose is representing, according to the … Read more