Google, the most popular Bitcoin trend indicator, turns 23

Google, the most popular Bitcoin trend indicator, turns 23

Google, the leading indicator used to track the popularity of Bitcoin (BTC) and other cryptocurrencies, celebrated its 23rd anniversary on Sept. 27, 2021. Founded by Larry Page and Sergey Brin when both were students at Stanford University, the search engine has spent the majority of its 23 years of existence being one of the primary […]

Traders say Bitcoin’s bullish bias will only be confirmed by a close above $44K

Traders say Bitcoin’s bullish bias will only be confirmed by a close above $44K

The fallout from China’s ongoing crackdown on the crypto sector has led to uncertainty finding its way back into the market again. At the time of writing, Bitcoin (BTC) traders continue to encounter pushback at the $43,000 level and many altcoins which had accumulated gains in the morning session are also dipping into the red.  […]

Law Decoded: China FUD and false dichotomies, Sept. 20–27

Law Decoded: China FUD and false dichotomies, Sept. 20–27

In the wake of yet another iteration of China’s enduring crackdown on cryptocurrency, a particularly influential narrative on Crypto Twitter suggests that by banning Bitcoin (BTC), China has definitively put itself on the dark side of the struggle, while the collective West must now resolutely throw its weight on the opposite side by embracing crypto. […]

Bitfinex paid a colossal $23M fee to send $100K of USDT

Bitfinex paid a colossal $23M fee to send $100K of USDT

Crypto exchange Bitfinex completed a highly consequential transaction today when sending $100,000 of the stablecoin Tether (USDT) to the layer-2 subsidiary platform DeversiFi. For reasons unknown, the exchange paid 7,676 ETH, equivalent to $23.7 million, marking quite possibly the largest gas fee ever-recorded on the Ethereum blockchain.  According to blockchain data from EtherScan, the deposit transaction […]

Stablecoins Reserve Surges Up Again, Dry Powder For Bitcoin’s Next Big Move?

Bitcoin Stablecoins

Data shows stablecoins volume has surged up once again. Past pattern may suggest that this accumulation could be dry powder for Bitcoin’s next big move. Bitcoin Stablecoins Reserve Rises Up Again As pointed out by an analyst in a CryptoQuant post, the stablecoins reserve seems to have risen again back to peak levels. The stablecoins […]

Price analysis 9/27: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, AVAX, LUNA

Price analysis 9/27: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, AVAX, LUNA

Bitcoin (BTC) and Ether (ETH) recovered a large part of the losses that happened due to the knee-jerk reaction to China’s regulatory crackdown on Sept. 24. This suggests that crypto markets have absorbed the news-based selling, with long-term investors likely using the dip to accumulate. However, a rally may have to wait as market participants […]

Major Crypto Exchanges Cut Ties With Chinese Users After China’s Latest Crackdown on Cryptocurrency – Regulation Bitcoin News

Major Crypto Exchanges Cut Ties With Chinese Users After China's Latest Crackdown on Cryptocurrency – Regulation Bitcoin News

Major cryptocurrency exchanges are cutting ties with users in China following the latest crypto crackdown announcement by the Chinese government. Huobi has stopped letting new users in China sign up for its services while Binance has blocked account registrations using Chinese mobile phone numbers. Major Crypto Exchanges Stop Signing Up Chinese Users Following China’s latest […]

Analyst says $42K must hold to keep Bitcoin price from sweeping its swing low

Analyst says $42K must hold to keep Bitcoin price from sweeping its swing low

Bitcoin bulls continued to battle with bears near the $43,000 support level on Sept. 27 as China’s crackdown on all things cryptocurrency put a halt to last week’s positive price movements and has stifled growth into the day. According to Eric Krown, a cryptocurrency trader and host of Krown’s Crypto Cave, what comes next for […]

Former Ethereum Developer Griffith Pleads Guilty To Violating U.S. Sanctions

Former Ethereum Developer Griffith Pleads Guilty To Violating U.S. Sanctions

American programmer and developer Virgil Griffith pleaded guilty today to violating U.S. sanctions law. Griffith created Wikipedia indexing tool WikiScanner, co-designed the Tor2web proxy, and was a senior research scientist with the Ethereum Foundation who at one point led special projects for the platform. The North Korean Crypto Conference A federal grand jury convened by […]

Bearish Bitcoin fractal with 78% success rate flashes as BTC drops below $43.5K

Bearish Bitcoin fractal with 78% success rate flashes as BTC drops below $43.5K

Last week’s drop in Bitcoin (BTC) that saw BTC price falling from $47,358 to $43,178 has sparked fears of an extended selloff. Independent market analyst Nunya Bizniz highlighted a bearish fractal on Bitcoin’s weekly charts concerning its 21-week exponential moving average (EMA). In detail, the cryptocurrency has closed below the said support zone 18 times to date but […]

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