Altcoin prices briefly rebounded, but derivatives metrics predict worsening conditions

On May 12, the total crypto market capitalization reached its lowest close in 10 months and the metric continues to test the $1.23 trillion support level. However, the following sev days were... Read more »

Weaker dollar lifts Bitcoin to $30.7K as analyst eyes 60% BTC dominance

Bitcoin (BTC) hit 48-hour highs overnight into May 20 as U.S. dollar weakness gave bulls some much-needed respite. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Dollar strength declines after 20-year record Data... Read more »

Contrarian Bitcoin investors identify buy zones even as extreme fear grips the market

Bitcoin (BTC) support at the $30,000 level has proven to be quite resilient amidst the turmoil of the past two weeks with many tokens in the top 100 now showing signs of... Read more »

Indian government’s ‘blockchain not crypto’ stance highlights lack of understanding

Indian crypto businesses are struggling with the new tax policies as trading volumes have dried up and many established crypto firms are looking to relocate to more crypto-friendly jurisdictions. While many developed... Read more »

Crypto jobs market holding up despite tech industry cutbacks

The crypto job market shows few signs of slowing down despite high profile cases of staff layoffs and hiring freezes across big tech companies.  In recent weeks, several major tech companies have... Read more »

Bitcoin price drops under $29K as Walmart, Target stock lose most since 1987

Bitcoin (BTC) headed toward an “interesting” liquidity area on May 18 as United States stock markets opened with a bearish bang. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price nears “interesting”... Read more »

A Bitcoin contactless payment story

The Lightning Network (LN) just got a bit faster, as the suitably named Bolt Card now enables Bitcoin (BTC) enthusiasts to pay for goods and services using contactless technology.  A data analyst... Read more »

Will this time be different?

Analysts in both crypto and traditional markets have noted some startling similarities between the recent downturn and the one caused by a pandemic panic in March, 2020. The real question is whether... Read more »

Madeira ‘embraces’ Bitcoin, and how its president met Michael Saylor

The tiny Portuguese archipelago of Madeira has “adopted” Bitcoin (BTC) — but what does that mean? The announcement, made during the Bitcoin 2022 conference in Miami, has spurned confusion and misinformation. Miguel... Read more »

Bitcoin, Bukele and a bevy of central bankers meet in El Salvador

This week, 44 central bankers from developing countries around the world are attending a conference in El Salvador to discuss financial inclusion, financing for small and medium-sized businesses and Bitcoin (BTC).  Central... Read more »