New Bullish Cycle Likely After Bitcoin Reaches This Level, Stats Show

After performing steadily around the $30,000 level for quite some time, Bitcoin had this month dropped as low as below $18,000. In the last one week, BTC managed to trade above the $20,000 range although it is yet to touch the $22,000 mark.

Timeline of Bitcoin

Bitcoin's consolidation at the $21,000 level has continued after a recent shaky ride. The majority of altcoins have likewise stabilized today. The cryptocurrency recovered on Monday, starting the day off well and almost approaching $20,000. As a result, BTC was trading above $21,500, a weekly high, as the bulls attempted to take back the market, …

Bitcoin on-chain metrics and technical indicators are breaking new grounds as bottom signals mount up, but the gloomy global macro-economic situation is keeping buyers at bay. The post Bitcoin Floor Formation Signals Flashing, but Confidence Still Weak appeared first on BeInCrypto.

Several digital assets, including Bitcoin and Ethereum, have been affected by the recent crypto crash that has captured the attention of the entire globe. Ethereum almost reached its 2017 lows at $880 during the “crypto winter.” After reaching its all-time high in November of last year at $69,000, BTC lost about 50 percent of its …

According to Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), Bitcoin is a commodity. He highlighted that the SEC, the CFTC, and banking regulators would work together to oversee the cryptocurrency industry.

The world's largest cryptocurrency Bitcoin (BTC) has once again come under selling pressure and is currently trading 2.15% down at a price of $20,686 with a market cap of $394 billion. This is for the very first time that Bitcoin has formed a third consecutive weekly candle below its 200-Week Moving Average.

The accused duo allegedly planned to break into the home in the middle of the night and force its residents to provide the code to a bitcoin private key. The post Two charged for alleged plan to steal tens of millions of dollars in bitcoin from New York home appeared first on The Block.

The Federal Bureau of Investigation (FBI) has arrested two men who participated “in a violent plan to break into a family's home in the middle of the night” to steal bitcoin worth tens of millions of dollars,” according to the U.S. Department of Justice. They could go to prison for 20 years. 2 Men Charged

Grayscale, a digital asset platform that provides access to retail investors, has posted a letter in advance of the SEC's 240 day deadline to respond to its request to migrate Grayscale Bitcoin Trust (GBTC) to an exchange-traded fund (ETF). The letter is signed by Michael.

Major coins remained rangebound around psychologically important levels Monday evening as the global cryptocurrency market cap retreated 0.85% to $934.25 billion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -1.5% 0.8% $20,734.37 Ethereum (CRYPTO: ETH) -0.6% 6% $1,193.58 Dogecoin (CRYPTO: DOGE) -1.4% 20.15% $0.07 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Dogecoin (DOGE) +8.8% $0.07 ApeCoin (APE) +4% $4.73 Ethereum Classic (ETC) +2% ​​$16.9 See Also: How To Get Free NFTs Why It Matters: Cryptocurrencies continue to shadow Wall Street where stocks “can't win right now,” according to Edward Moya, senior market analyst with OANDA.

According to Bitcoin Archive, in a bid to boost the local Soyapango economy, Salvadorian entrepreneurs operating in the region can claim a $100,000 Bitcoin grant. The post Salvadorian entrepreneurs can now claim a $100,000 Bitcoin grant appeared first on CryptoSlate.