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Bitcoin started a strong decline below the $40,000 support against the US Dollar. BTC might recover, but upsides might be limited above $38,000. Bitcoin started a major decline below the $40,000 and $38,000 support levels. The price is now trading below $38,000 and the 100 hourly simple moving average. There is a key bearish trend line with resistance near $36,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move down if there is a break below the $34,000 support. Bitcoin Price Extends Losses Bitcoin price started a major decline below the $42,000 and $40,000 support levels. BTC gained pace below the $38,000 level to move further into a bearish zone. It traded as low as $34,007 and is currently consolidating losses. It is now trading below $38,000 and the 100 hourly simple moving average. On the upside, an initial resistance is near the $36,200 level. There is also a key bearish trend line with resistance near $36,500 on the hourly chart of the BTC/USD pair. The trend line is near the 23.6% Fib retracement level of the recent decline from the $43,500 swing high to $34,007 low. The first major resistance is near the $36,800 level. An upside break above the $36,800 resistance could start a steady recovery wave towards $38,000. The next key resistance is near the $40,000 level, above which the bulls might aim a test of $41,200. Source: BTCUSD on TradingView.com An intermediate resist...

NewsBTC

TA: Bitcoin Turns Bearish, Bears In Control Below $40K

Ken Kutaragi said he is not too big on the idea of virtual reality and digital worlds.

Crypto Potato

PlayStation’s Creator Is Not a Fan of The Metaverse

Ethereum price analysis for January 24, 2022, brings another bearish news for the ETH token holders. It seems that the world&#8217;s second-biggest cryptocurrency has dropped below $2,500, which was reclaimed on January 23, as noted by TheCoinRise. It seems that the worst is not over as the token failed to hold $2,500. The data from CoinMarketCap shows that [&#8230;]The post Ethereum price analysis: ETH falls below $2,500, tries to reclaim it appeared first on Blockchain, Crypto and Stock News.

The Coin Rise

Ethereum price analysis: ETH falls below $2,500, tries to reclaim it

UBS, Switzerland&#x2019;s largest bank, has warned about a crypto winter where prices crash and may not recover for years. The bank&#x2019;s analysts explained several major reasons affecting the prices of cryptocurrencies. UBS Expects Crypto Winter That Could Last Years Switzerland&#x2019;s largest bank, UBS, has warned of a crypto winter where prices crash and may not [&#8230;]

Bitcoin.com

UBS Warns of Crypto Winter Amid Expectation of Fed Rate Hikes and Regulation

The post Bitcoin Price Consolidates At $35k ! Here’s The Worst Case Scenario for BTC Price appeared first on Coinpedia - Fintech &amp; Cryptocurreny News Media| Crypto GuideThe crypto market&#8217;s continuing sell-off has wiped out more than $1 trillion in value. The BTC price has also fallen below the $38000 support level, indicating that a further loss is likely in the coming session. BTC Price Action BTC is presently trading at $35344, up 1.5 percent from yesterday&#8217;s price. The coin&#8217;s price is &#8230;

coinpedia

Bitcoin Price Consolidates At $35k ! Here’s The Worst Case Scenario for BTC Price

Bitcoin price analysis for Jan 24, 2022, suggests that the world&#8217;s biggest cryptocurrency aims for $37.5K while the market remains in a state of extreme fear. The token is trading at a price of $35.7K and is aiming to reclaim the important support of $37.5K and make its way towards $41K. The data from CoinMarketCap shows that [&#8230;]The post Bitcoin price analysis: BTC aims for $37.5K as market remain in fear appeared first on Blockchain, Crypto and Stock News.

Bitcoin price analysis: BTC aims for $37.5K as market remain in fear

Robinhood Aparna Chennapragada said the firm just launched crypto wallets and the waiting list has two million users on it already.

2 Millions on the Wait List of Robinhood’s Newly Launched Crypto Wallet

The Biden administration is reportedly drafting a government-wide cryptocurrency strategy as an executive order. The directive is expected to be presented to President Joe Biden in the coming weeks. The strategy could be released as soon as next month. US Government-Wide Crypto Strategy The Biden administration is reportedly preparing to release an initial government-wide strategy [&#8230;]

Biden Administration Preparing to Release Government-Wide Crypto Strategy: Report

Seven new Bitcoin ETFs premiered in 2021, but risks, opportunities, holdings, structures, and fees vary widely.Correlations with Bitcoin are mediocre.Your ETF might own futures, mining stocks, foreign securities or big public companies.

Seeking Alpha

Bitcoin ETFs: More Choices; More Concerns

Core Scientific Inc. started trading on Nasdaq through an estimated $4.3 billion merger with Power &#38; Digital Infrastructure Acquisition Corp.

North America’s Largest Bitcoin Miner Goes Public With a SPAC Merger (Report)

New data shows that the majority of Cardano (ADA), Shiba Inu (SHIB) and Polygon (MATIC) holders are now nursing losses as the crypto markets continue to sell-off. Crypto insights firm IntoTheBlock looks at wallets with a Cardano balance, identifies the average purchase amount of the coins and compares the figure to the current price of [&#8230;]The post Most Cardano (ADA), Shiba Inu (SHIB) and Polygon (MATIC) Holders Now Underwater Amid Deep Pullback: IntotheBlock appeared first on The Daily Hodl.

The Daily Hodl

Most Cardano (ADA), Shiba Inu (SHIB) and Polygon (MATIC) Holders Now Underwater Amid Deep Pullback: IntotheBlock

The post Cardano and Avalanche Will Steal The Show Once The Market Turns Bullish! But How? appeared first on Coinpedia - Fintech &amp; Cryptocurreny News Media| Crypto GuideThe global crypto market cap of the cryptoverse has been on shaky grounds, with a weakening of its local supports. The heavy market crash which was not seen after March 2020, has wiped out over $400 billion in market cap in just 48 hours. With no significant gains in 2021, Bitcoin and Ethereum have lost &#8230;

Cardano and Avalanche Will Steal The Show Once The Market Turns Bullish! But How?

One of the largest bitcoin mining rig manufacturers in the world, Bitmain announced the launch of a new bitcoin miner that boasts speeds of up to 198 terahash per second (TH/s). The new model is called the Antminer S19 Pro+ Hyd. and it leverages liquid cooling technology in order to improve overall efficiency. Bitmain&#x2019;s Latest [&#8230;]

Bitmain Reveals Hydro Bitcoin Miner With 198 Terahash, Produces Almost Double the Power of Today’s Top Machines

Uniswap, the decentralized liquidity provision protocol on Ethereum, saw a volatile quarter in the crypto-market last year. With 2022 seeing the market lean towards the bears, what can we expect from Uniswap going forward? A recent report by Messari noted some key parameters for Uniswap in Q4 2021, parameters that marked the end of a [&#8230;]

AMB Crypto

Here’s where Uniswap might be heading after a volatile last quarter

What makes the first month of the year such an important part of Bitcoin’s history?

Bitcoin Magazine

Why January Is A Historic Month For Bitcoin

Jared Kushner – the son-in-law of President Donald J. Trump – allegedly sought to establish a national digital currency while he was working in the White House, according to leaked emails. While serving as a senior advisor to the President in the year 2018, Kushner spoke regularly with Steven Mnuchin, the person in charge of...The post Jared Kushner, Trump Son-in-Law, Wanted Digital USD appeared first on Live Bitcoin News.

Live Bitcoin News

Jared Kushner, Trump Son-in-Law, Wanted Digital USD

In a recent interview with Time Magazine, Ark Invest’s C.E.O Cathie Wood expressed her support for Bukele’s Bitcoin ideals, hitting out at his opponents for their claims, which according to her, is a clear case of missing the forest for the trees. While most opponents are focused on the asset&#8217;s price, Cathie indicated that Bitcoin [&#8230;]

ZyCrypto

Bitcoin Has Revamped Access To Financial Services In El Salvador, Ark’s Cathie Wood Asserts

El Salvador&#8217;s leader recently met with the Turkish President.&#160; Amid talks of cooperation and investment, it is likely that the issue of Bitcoin might later be broached by Turkey&#8217;s government.&#160; A landmark Turkish crypto legislation is on the horizon for the European nation. El Salvador&#8217;s government revealed president Nayib Bukele paid a visit to Turkey&#8217;s [&#8230;]

Turkey’s President Expected To Swallow Bitcoin’s Red Pill After Meeting With El Salvador’s Bukele

The Solana network was down again for 48 hours, but this time users who took loans were forced to pay the price as they faced heavy liquidations.

Solana Network Suffers Yet Another Network Outage: DeFi Users Pay the Price

Crypto market participants everywhere are watching the market crash with keen guarded interest. In a recent survey conducted among Chinese crypto investors, the majority of them revealed that they would consider buying the dip in the price range of $30,000 per Bitcoin. Meanwhile, faint signals of bullishness still have analysts predicting that $100,000 is still The post Buy The Dip Survey Shows 61% Of Chinese Bitcoin Investors Still Willing To Bet On Bitcoin appeared first on CoinGape.

CoinGape

Buy The Dip Survey Shows 61% Of Chinese Bitcoin Investors Still Willing To Bet On Bitcoin

Digital asset investment giant Pantera Capital is giving a bullish outlook for Ethereum (ETH) rivals like Solana (SOL) and Near in 2022. In its latest letter to investors, Pantera partner Paul Veradittakit says that rival smart contract platforms are eating away the market share of Ethereum, which now accounts for just 63% of the total [&#8230;]The post Ethereum Competitors Like Solana (SOL) and NEAR Set for ‘Immense Growth’ This Year: Pantera Capital appeared first on The Daily Hodl.

Ethereum Competitors Like Solana (SOL) and NEAR Set for ‘Immense Growth’ This Year: Pantera Capital

Amid the price carnage this week, Crypto Twitter turned to jokes and memes, and mocked a DAO that was confused about IP.

Decrypt

This Week on Crypto Twitter: HODLers Joke Through Bitcoin Bloodbath, Twitter Tries Ethereum NFT PFPs

This article looks at the benefits of owning the new Floki Inu ($FLOKI) gemstone NFTs and what you need to do to “earn” one of these NFTs. What Are the New Floki Gemstone NFTS? According to a blog post published by the Floki Inu team on Saturday (January 22), there are three types of new […]

CryptoGlobe

$FLOKI: The Why and How of Getting Hold of the New Floki Gemstone NFTs

The post If Bitcoin (BTC ) Fails To Hold This Level , $30k Looks Imminent ! appeared first on Coinpedia - Fintech &amp; Cryptocurreny News Media| Crypto GuideAs the overall crypto market value plummeted to $1.51 trillion on January 22, market-wide portfolio derisking and selling pressure across the global crypto market showed no signs of abating. Bitcoin&#8217;s price fell below $35K, and Ethereum&#8217;s price fell below $2300. Nonetheless, a fresh week looked to bandage the recent losses, with Bitcoin recording tiny gains &#8230;

If Bitcoin (BTC ) Fails To Hold This Level , $30k Looks Imminent !

After Bitcoin&#x2019;s mining difficulty jumped to the highest value ever at 26.64 trillion, the overall hashrate slumped a hair due to the rise in difficulty and lower bitcoin price. This weekend, Bitcoin&#x2019;s hashrate is coasting along at 189 exahash per second (EH/s), after dropping to a low of 167 EH/s three days ago. The lower [&#8230;]

Bitcoin’s Price Drop and the Network’s Higher Difficulty Squeezes BTC Mining Profits

On January 23, the team behind meme-based crypto project Floki Inu ($FLOKI), which is one of the strongest competitors to Shiba Inu ($SHIB), completed phase one of its decentralized autonomous organization (DAO) upgrade. What Is Floki Inu ($FLOKI)? The idea of creating this cryptocurrency was born on June 25 after Dogecoin ($DOGE) advocate Elon Musk tweeted that the name […]

Floki Inu ($FLOKI) Completes Phase 1 of Its DAO Upgrade

While the past 48 hours have been rather detrimental to the market sentiment, Binance Coin flipped the $414-mark from support to resistance. Polkadot and Ethereum Classic plunged toward their multi-month low levels and lost crucial support points. All these cryptos still struggled to ramp up their volumes at increasing prices. Binance Coin (BNB) The alt [&#8230;]

Binance Coin, Polkadot, Ethereum Classic Price Analysis: 23 January

Most Americans don’t have a will or anything in place to decide how their assets or belongings should be distributed once they leave the Earth. According to a Gallup poll last year, about 46 percent of Americans don’t have a will, a number that has been largely consistent for the last 32 years. Many Americans...The post Most Americans Have Left Crypto Out of Their Wills appeared first on Live Bitcoin News.

Most Americans Have Left Crypto Out of Their Wills

Using the OSI model helps us understand fiat architecture and how to scale a network like Bitcoin to replace it.

Replacing The U.S Dollar With Bitcoin: Dismantling Fiat Architecture

El Salvador&#8217;s leader recently met with the Turkish President. Amid talks of cooperation and investment, it is likely that the issue of Bitcoin might later be broached by Turkey&#8217;s government. A landmark Turkish crypto legislation is on the horizon for the European nation. El Salvador&#8217;s government revealed president Nayib Bukele paid a visit to Turkey&#8217;s [&#8230;]

Venture capital titan Andreessen Horowitz plans to start two new crypto funds worth a total of $4.5 billion to support its expansion in the digital asset space. As reported by the Financial Times, the firm says it plans to raise $3.5 billion for a new crypto venture fund and $1 billion for a fund focused [&#8230;]The post Venture Capital Giant Andreessen Horowitz Plans To Raise $4,500,000,000 for Two New Crypto Funds: Report appeared first on The Daily Hodl.

Venture Capital Giant Andreessen Horowitz Plans To Raise $4,500,000,000 for Two New Crypto Funds: Report

Blockchain-based metaverse environments allow brands to offer more user benefits, such as increased interactivity and ownership of virtual items, but will it catch on?

CoinTelegraph

Blockchain metaverse ecosystems gain traction as brands create digital experiences

BUSD is a digital fiat currency issued as ERC-20 and supports BEP-2. Maker (MKR) is the governance token of theThe post has appeared first on thenewscrypto.com

The News Crypto

Top 3 Coins By LunarCRUSH Galaxy Score: USDT, BUSD and MKR

From Bolivia to China, governments sought to restrict crypto-related activity for various reasons and with different tools.

Vibe killers: Here are the countries that moved to outlaw crypto in the past year

Bitcoin has been the subject of a lot of debate on crypto Twitter (CT). Bitcoin skeptic and gold supporter Peter Schiff has been having a field day criticizing Bitcoin, pointing to the drop in price as evidence that Bitcoin cannot be compared to gold. He has now been called out by the CEO of Galaxy The post Mike Novogratz Bets To Pay Peter Schiff $1 M If Bitcoin Price Stays Below $35,000 After 2022 appeared first on CoinGape.

Mike Novogratz Bets To Pay Peter Schiff $1 M If Bitcoin Price Stays Below $35,000 After 2022

The entire crypto market is in the green on Sunday morning. But for how long?

Bitcoin, Ethereum Begin Slow Climb Back After Horrific Week

HODLing the keys of a nation state might not be simple, but it's the first step to monetary freedom for countries.

How Should A Nation State Hold Bitcoin?

In the last seven days, the Mars Floki Inu gained 2,955.28 percent. The Croking utility token is a complex tokenThe post has appeared first on thenewscrypto.com

Top 3 Coins That Gained More Than 1000% in the Past 7 Days

The Shiba Inu price chart shows a reversal from the support trendline of the falling channel. However, the price jump acts as a retest of the bearish breakout of the falling channel. Hence, the sudden increase in buying pressure may soon succumb to drive the price lower. Key technical points: The SHIB token price finds The post Shiba Inu Price Analysis: SHIB Price Hints Further 30% Downfall, Are You Buying This Dip? appeared first on CoinGape.

Shiba Inu Price Analysis: SHIB Price Hints Further 30% Downfall, Are You Buying This Dip?

Once again, on Saturday, the Solana Status page confirmed rumors that there was a high number of transaction failures for the past 2 to 3 days after some of the network&#8217;s users voiced concerns. “Solana mainnet beta is experiencing high levels of network congestion…..The current issue experienced by validators is due to excessive duplicate transactions.’ [&#8230;]

Why Solana’s Incessant Network Outages Could Prove Disastrous For SOL’s Mainstream Adoption

BTC is oversold and possibly ready for a relief bounce, but this could be a trap for altcoins and Bitcoin if bull volume fails to sustain.

Top 5 cryptocurrencies to watch this week: BTC, LUNA, ATOM, ACH*, FTM

Digital currency markets have slipped significantly in value during the last two weeks and the lower prices have not sparked higher trade volumes. Data shows cryptocurrency spot market volume has slipped from $1.4 trillion in November 2021, to this month&#x2019;s $593 billion in volume. Bitcoin futures open interest and volumes have dropped considerably over the [&#8230;]

Low Volumes Across Crypto Spot Markets and Derivatives Indicate Bearish Conditions

In recent months, it&#8217;s not just been crypto-products that have been stirring up controversy, but even their advertisements. One country that is watching these developments with concern is the United Kingdom. Now, however, another country&#8217;s watchdog has set its eye on crypto-ads too. Drawing the ire of Ireland A report published by The Journal confirmed that [&#8230;]

Ireland now the latest to take note of record number of crypto-ads

The taxation of cryptocurrency and NFT transactions is presently unregulated. By mid-December, the TRY/USD exchange rate had plummeted. The lira&#8217;sThe post has appeared first on thenewscrypto.com

Turkish Investors Find Crypto Investment Valuable Amid Lira’s Volatility

Solana’s Incessant Network Outages Could Prove Disastrous For SOL’s Mainstream Adoption

“Altcoin” has referred to all cryptocurrencies other than BTC since the advent of ETH. Today, however, many no longer qualify as altcoins.

When and why did the word ‘altcoin’ lose its relevance?

It is still unclear whether CBDCs would be beneficial for the American economy, the Federal Reserve stated.

The Pros and Cons of a CBDC, According to the Federal Reserve

The Australian Football League (AFL) has signed a deal with Crypto.com, one of the largest digital currency exchange firms in the world. Unfortunately, the deal has not made everyone happy. The AFL and Crypto.com Have Formed a Partnership The partnership is set to last a whopping five years, and Crypto.com will be the official crypto...The post Crypto.com Joins Hands with the AFL appeared first on Live Bitcoin News.

Wrapped Bitcoin (WBTC)

Om Wrapped Bitcoin (WBTC)