Bitcoin

Redditors-Recognize-Signs-for-Crypto-Bull-Market-Start
Redditors Recognize Signs for Crypto Bull Market Start

Two posts on Reddit indicate the onset of a crypto bull market.  The first post says Bitcoin (BTC) will have monthly gains to rival that of October 2021.  The second post highlights signs for the commencement of a crypto bull market. As 2022 settles deeper into Q3, the market seems to be leaning towards bright green signs for the crypto industry. Indeed, it looks like the stoic crypto winter is finally at an end. Crypto Redditers discuss the clear and high signs of the onset of a crypto bull market.  To highlight, two posts on the CryptoCurrency Reddit thread have

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FIL,-ETC,-and-ICP-Boost-to-Over-+70%
FIL, ETC, and ICP Boost to Over +70%. Will You Buy or Not?

FIL, ETC, BTG, LDO, and ICP boosts market price Bitcoin nearly reached $24K USDC might flip USDT The cryptocurrency space never fails to surprise its investors with its impressive performance. Filecoin and Ethereum classic are some of the top cryptocurrencies that stormed the crypto market today. Source: CoinGecko As seen in the chart above, cryptocurrencies such as Filecoin, Ethereum Classic, Bitcoin Gold, Lido DAO, and Internet Computer recorded a huge growth rate averaging from +27% to +76% in the past 7 days. Best of all, this aggressive performance was performed by these cryptocurrencies despite the market carnage nowadays.  Meanwhile, Bitcoin,

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CoinShares-Predicts-Bitcoin-Pump-Amid-Economic-Recession (
CoinShares Predicts Bitcoin Pump Amid Economic Recession

CoinShares sees that Bitcoin will rally amid economic recession. In particular, BTC will benefit from increasing interest rates and a weak dollar. The firm considers BTC as a “good insurance policy” amid the market uncertainty. CoinShares, a pioneer in digital asset investing, believes that the recession in the United States could lead Bitcoin into a bullish trend. In a Twitter thread post, CoinShares expound how the meeting of economic factors and government policy decisions are going to benefit Bitcoin, specifically in terms of its performance as the US enters the recession. The digital asset management firm predicts that Bitcoin will

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11-Year-Cryptocurrency-Prediction-Turning-into-Reality
11-Year Cryptocurrency Prediction Turning into Reality

11 years have surpassed since the prediction was done. Bitcoin mining is dominated by a handful of large companies. We’ve seen a dramatic shift in the bitcoin mining landscape. In 2011, a Reddit user made a post on the bitcoin subreddit that accurately predicted the future of bitcoin mining and renewable energy. In his post, the user argued that as bitcoin mining difficulty increased, miners would eventually turn to alternative energy sources such as solar and wind power.  He also predicted that the mining industry would consolidate into a few large players who could afford to invest in renewable energy.

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Addresses-Holding-0.1+-Bitcoin-Hit-a-New-All-Time-High
Addresses Holding 0.1+ Bitcoin Hit a New All-Time High

The number of addresses with 0.1 or more bitcoin has reached a new all-time high of over 3.7 million. This is a very positive sign for the future of cryptocurrency. Bitcoin’s market dominance is currently at 67.7%. The number of addresses holding 0.1+ bitcoin just hit a new all-time high of over 3.7 Million. That’s an increase of roughly 1 Million addresses in just the past six months. This is a testament to the growing interest and adoption of Bitcoin, as more and more people are becoming aware of its potential as a store of value and investment asset. The

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Maximalist-Opens-up-Against-Ethereum;-Reports
BTC Maximalist Michael Saylor Opens up Against Ether

Michael Saylor opened up on why he believes Ethereum is unethical. Saylor claims that the securities laws have their basis in the Decalogue. The basis of securities laws is thou shall not lie, cheat or steal. In a recent tweet, noted cypherpunk Michael Saylor opened up on why he believes Ethereum is unethical. Saylor, the CEO of enterprise software company MicroStrategy, has been an outspoken critic of Ethereum and other cryptocurrencies. In his tweet, Saylor said that Ethereum is “inherently unethical” because its existence violates securities laws. He added that Ethereum is “a textbook example of fraud.” Saylor’s comments come

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Mining-Bitcoin-Now-Costs-$13K-Now,-Dropped-From-$24K-in-June
Increased Risk Sentiment Might Prompt Bitcoin’s Sell Off

Market events, such as FOMC meeting, CPI and employment data, might trigger a strong crypto sell off. In addition, the US is now in recession. Bitcoin’s price today shows strong support despite these events. Over the past week, Bitcoin experienced a downward trajectory after running into the $24,000 resistance. The recent upward run of Bitcoin, as it slowly recovers from June’s meltdown, continuously retests the resistance.  However, recent market events show Bitcoin’s unreliability and there’s a high chance it might lose its support. These events include the Federal Open Market Committee (FOMC) meeting and reports such as Consumer Price Index

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Bitcoin-is-Up-Amid-FED-Rate-Increase-and-Recession
Bitcoin is Up Amid FED Rate Increase and Recession

The FED announced another rate hike increase on Wednesday. The US enters a “technical” recession. Yet, Bitcoin’s price is holding at the $23k mark, up 2.65% in the last 24 hours. The crypto market was expected to be shaky this week, especially after the US entered recession and the US Federal Reserves raised interest rates by 0.75% on Wednesday.  The Federal Reserve announced on Wednesday another increase of its interest rate in an effort to fight inflation. According to the government’s press release, the unemployment rate has remained low in recent months. However, the elevated inflation has caused imbalances in

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Total-Crypto-market-cap-keeps-pushing-up
Total Crypto Market cap Keeps Pushing up

The cryptocurrency market capitalization is now $1.019 trillion. On July 18, crypto traders celebrated as the overall market capitalization reclaimed $1 trillion. The market is being driven by factors including strong technical indicators. The cryptocurrency market capitalization has grown to $1.019 trillion, with Bitcoin’s dominance rate standing at 41.6 percent. The total value of all cryptocurrencies has increased by $274 billion in the past week. On July 18, crypto traders celebrated as the overall market capitalization reclaimed $1 trillion after weeks of widespread selling following Bitcoin (BTC) price plunging below $18,000.  BTC’s Dominance chart, source: trading view Data from TradingView

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Cynthia-Lummis-is-Still-Bulish-on-Bitcoin
Cynthia Lummis is Still Bulish on Bitcoin

Cynthia Lummis mentioned that she is still bullish on Bitcoin. The senator is not alone in her bullishness on Bitcoin. She thinks that the long-term prospects for bitcoin are excellent. Reports have arisen with a US senator, Cynthia Lummis mentioning that she is still bullish on Bitcoin because she believes in the long-term potential of the technology. While the short-term price movements are always hard to predict, She thinks that Bitcoin has a lot of upside potential in the long run. With more and more people becoming aware of Bitcoin and its benefits, the senator believes that the Bitcoin price

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Bank-Santander-to-Offer-Crypto-Trading-to-Brazil
Bank Santander to Offer Crypto Trading to Brazil

Santander is one of the largest banks in the world. Santander has been at the forefront of blockchain and crypto adoption. Brazil’s central bank is preparing to launch its own digital currency, the Brazilian Real (BRL). Spanish banking multinational Santander plans to offer crypto trading to its clients in Brazil in the coming months, Santander Brazil CEO Mario Leao said on Thursday. The move would make Santander the first major bank to offer such services in Brazil. Leao said that the bank is “studying” the possibility of offering crypto trading to its clients, but did not give a timeline for

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Bank-Santander-to-Offer-Crypto-Trading-to-Brazil
Chance at Bitcoin and Crypto Recovery Seems Closer Than Expected

Twitter’s crypto community holds its breath as Bitcoin (BTC) charts approach MACD cross. The community hopes to see a speedier recovery for the crypto market.  Bitcoin (BTC) seems to be in better sentiment since the reigning FUD last month. Bitcoin could head into a stronger bullish signal if it can hold its present momentum. This observation comes from Lark Davis, active crypto trader and investor, who holds popularity in the Twitter crypto community.  In detail, Davis points to the Bitcoin price charts as we can see from the tweet above. He states that Bitcoin (BTC) is growing closer to hitting

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