Bitcoin monthly close, fresh bullish narratives lead BTC traders to aim for new price highs

Bitcoin (BTC) price is slowly recovering, reaching $5,500, after last week’s Black Monday style market meltdown which led to Bitcoin price pulling back sharply as traditional markets suffered the third worst trading day ever. Monday’s correction was followed by major cryptocurrencies - Ether (ETH), XRP, and Bitcoin Cash (BCH) all losing 11.6%, 8.3%, and 4.2%,…

Only about 3.5 million Bitcoin (BTC) are available for trading, according to new data from blockchain analytics firm Chainalysis. The remaining 11.4 million are held as long-term investment and 3.7 million are believed to be lost. This suggests that if institutional investors enter the crypto space and invest for the long-term, the tradeable supply of the…

After creating the dubious record of nine successive red weekly closes, Bitcoin (BTC) is attempting to make amends by starting a price recovery to end the losing streak. Analysts have repeatedly said that investors should not fear a bear market because it is one of the best times to invest in fundamentally strong projects in preparation…

The blockchain analytics firm have amassed data points on 98% of the market's digital assets. 374 Total views 4 Total shares Cryptocurrency risk management firm Elliptic has announced a $60 million Series C funding round led by Evolution Equity Partners and supported by a panoply of venture capital firms including SoftBank Vision Fund 2, as…

Solana (SOL) price completed a “death cross” on the one-day chart on March 12, as the altcoin consolidated near its long-term support level at $125. This could potentially accelerate the SOL price sell-off in the near term for a drop below $100 for the first time since February 2024. Solana’s 1-day chart. Source: Cointelegraph/TradingView A

The response by the artificial intelligence firms raises questions about how copyright law principles such as authorship, infringement and fair use will apply to content created or used by AI. 741 Total views 23 Total shares Own this piece of history Collect this article as an NFTMidjourney, Stability AI and DeviantArt issued a response on…

The Quantum Economics founder says there was only ever a ‘loose correlation’ between crypto markets and the S&P 500 during the pandemic. Crypto analyst Mati Greenspan says the correlation between crypto assets and the S&P 500 has fallen significantly since the dramatic sell-offs in tandem early in the pandemic.In the Aug. 5 Quantum Economics newsletter,…

Waves (WAVES) lost around half its value in April so far and risks further correction due to weakening technical and fundamental factors.WAVES price risks another 30% decline WAVES dropped from nearly $64 on March 31 to around $27.50 on April 7 — down by over 55%. As it fell, the WAVES/USD pair also broke below a…

The United States government has stood by its evidence presented against alleged OneCoin money launderer and former attorney Mark Scott.In a memorandum filed on March 24, the government responded to Scott’s appeal that the prosecution provided insufficient evidence that the funds he handled were derived from illicit activities during November’s proceedings — where a jury…