Bitcoin distribution 'danger zone' over, analysts say

Two moving averages warn of a bear market-style price floor in the making, says analysis one month after Bitcoin's weekly chart "death cross." 634 Total views 3 Total shares Bitcoin (BTC) is facing a rare chart phenomenon which has historically resulted in 50% price drawdowns, new data shows.In a tweet on April 25, popular account…

California-based crypto wallet service Abra will restrict some services for American users starting from August.Abra will have to enforce some system modifications due to continued regulatory uncertainty in the United States, according to a blog post on July 25. Notably, American users will no longer be able to hold a number of cryptocurrencies, including EOS…

It is now a criminal offense to operate a crypto firm in Ireland without registering with the Central Bank of Ireland. 2504 Total views 22 Total shares Ireland’s crypto businesses have become subject to regulatory oversight for the first time, with local digital asset firms now observing anti-money laundering guidelines set out by the European…

Binance.US said it temporarily disabled One Common Billing System and BUSD stablecoin pairs after halting Apple Pay and Google Pay deposits. Own this piece of history Collect this article as an NFTAmid the ongoing uncertainty around the global banking turmoil, Binance’s United States-based arm Binance.US is halting some services.According to Binance.US status dashboard, the U.S.…

Wednesday, April 3 — Bitcoin (BTC) has tested the $5,000 mark for the first time since November 2018, as crypto markets are on the rise for the third day in a row. While some major cryptocurrencies are seeing a mild surge in price, others boast double-digit gains.Market visualization from Coin360BTC, which skyrocketed yesterday and gained…

FTX's decision was undertaken as a proactive measure aimed at preventing the occurrence of any potential future incidents or additional harm following the recent hack. 222 Total views 6 Total shares Following the recent Kroll cybersecurity breach, FTX Derivatives Exchange, a financially distressed cryptocurrency trading company, has opted to temporarily suspend accounts of impacted users…

A golden cross completes on the daily chart but Bitcoin still has to contend with a "death cross" on weekly timeframes. 331 Total views 3 Total shares Own this piece of history Collect this article as an NFTBitcoin (BTC) lingered near $23,000 on Feb. 7 as a key chart phenomenon hit for the first time…

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.November has seen the overall trade volume of retail-focused crypto…

The surge in crypto mining stocks was a relief for the industry after a crippling year, where public crypto miners incurred $4 billion in liabilities. 674 Total views 25 Total shares Own this piece of history Collect this article as an NFTThe Bitcoin (BTC) price rebound to a multi-month high has also positively affected mining…