Price analysis 12/9: SPX, DXY, BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX

“Bitcoin is for billions, not billionaires,” a phrase first coined by investment researcher Lyn Alden, could soon become a reality, according to Fedimint. The protocol that aims to scale Bitcoin (BTC) while making it more private has been buoyed by a $4.2 million seed round for the Fedi application.Cointelegraph spoke to Obi Nwosu, co-founder and CEO…

The trial was part of an initiative set up by the European Central Bank to identify how blockchains can facilitate central bank money settlement.

Ether (ETH) prices reclaimed $2,000 on Monday, increasing expectations that the latest rebound would served as a cue for further upside moves based on bullish fundamental and technical outlooks.The world's second-largest cryptocurrency (by market cap) surged up to 4.96% to $2,083 ahead of the London opening bell. Its gains appeared as a part of an…

Bitcoin (BTC) price has retreated by more than 40% after topping out near $65,000 in mid-April. But that is not enough to derail the flagship cryptocurrency's long-term bull trend, especially as global markets grapple with declining national currencies and the prospect of a commodity market crash.So believes Mike McGlone, the senior commodity strategist at Bloomberg…

Bitmain’s operations in Shenzhen are reportedly being disrupted as Micree Zhan forbade shipment of mining devices following his recent takeover of the Beijing office. 257 Total views 21 Total shares After physically taking over the Beijing Bitmain office, ousted CEO Micree Zhan is reportedly regaining control and is blocking the delivery of Bitmain products from…

In the last 30 days, over 53% of NFT investors made losses on sale trades. Despite the cold market sentiment, the number of investors that hold their NFT investments continues to rise. 245 Total views 33 Total shares The market performance of blue chip nonfungible tokens (NFTs), often considered a good long-term investment, revisited its…

Bitcoin (BTC) is down about 11% in August, just shy of the 13.88% fall seen in the corresponding month in 2022, according to CoinGlass data. The picture does not look very bright for September either. History shows that every year since 2017, Bitcoin has declined in September. Bloomberg Intelligence senior macro strategist Mike McGlone is even…