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Analysis
Bitcoin can still crack $50K if gold correlation continues — Chart
Bitcoin (BTC) could get sucked toward $50,000 like a magnet if it continues to follow gold, fresh analysis predicts.In a Twitter update on Jan. 26, popular trader and market commentator TechDev presented a lofty new BTC price target tied…
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Why is Ethereum being outperformed by Bitcoin? Historical pattern changing in 2023
Key Takeaways
Ethereum has historically outperformed Bitcoin in bull runs
The pattern has flipped to start the year, with Bitcoin dominance rising
Our Analyst Dan…
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Binance Commingled Customer Funds With Reserve Assets
Binance admitted that it keeps collateral for its BNB Smart Chain and BNB Beacon Chain versions of 94 crypto assets in the same wallet as customer funds amid uncertainty around its recent audit.
According to a recent website listing,…
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Ethereum developers deploy ‘shadow fork’ of Shanghai upgrade
Developers will follow up with more shadow forks ahead of the Shanghai upgrade.
The Shanghai upgrade will allow for withdrawal of staked ETH
Over 16 million ETH have…
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Bitcoin due new ‘big rally’ as RSI copies 2018 bear market recovery
Bitcoin (BTC) is in for a new “big rally” as market strength copies conditions from after the 2018 bear market.According to the latest analysis, BTC/USD will continue to head higher “after some consolidation” thanks to key signals from…
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SSV Network price forms 2 extremely bearish patterns
SSV Network is a fast-growing provider of liquid staking infrastructure.
The developers launched a $50 million ecosystem growth fund.
It has formed a rising…
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Genesis CEO Promises Agile Bankruptcy to Get the Best Outcome
Genesis Global Holdco LLC’s interim CEO Derar Islim assured creditors like Gemini that the firm’s bankruptcy will proceed “quickly and efficiently.”
Writing to investors shortly after Genesis filed for Chapter 11 bankruptcy in the U.S.,…
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Bitcoin is ‘a hyped-up fraud’
JPMorgan CEO Jamie Dimon previously slammed Bitcoin as a “Ponzi scheme”.
On Thursday, he told CNBC’s Squawk Box that crypto is a decentralised Ponzi scheme and that…
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Ethereum price rally under question after ETH slams into resistance at $1.6K
Ethereum (ETH) price is struggling to overcome resistance at $1,600 and this is the altcoin’s third attempt since September 2022. Some would say the 33% year-to-date rally could be interpreted as a failed opportunity to breach the $200…
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Alchemy Pay gained 50% against the US dollar yesterday
ACH/USD jumped 50% in one trading day
A falling wedge pattern supports the bullish case
The risk of a false breakout remains
The cryptocurrency market suffered from…
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