Search Results for: Martin

New York Files Lawsuit Against Coinseed Crypto Platform for Allegedly Defrauding Thousands of Investors

New York State Attorney General Letitia James filed legal action against Coinseed crypto platform for allegedly defrauding thousands of investors, including selling fake cryptocurrencies and charging hidden trading fees. James’ lawsuit in Manhattan Supreme Court alleged that Coinseed violated the Martin Act – a particular New York anti-fraud law – on several occasions  and stated that the crypto … Continue reading New York Files Lawsuit Against Coinseed Crypto Platform for Allegedly Defrauding Thousands of Investors

1 Billion People Using Bitcoin in the next 4 Years Puts Price North of $500k, says 10T Holdings Co-Founder

Bitcoin’s widespread adoption is showing no signs of stopping, as evidenced by its surge to hit a price of more than $50,000. This milestone has never been seen in its twelve-year history.  With a projection of 1 billion people using BTC in the next four years, as acknowledged by crypto analyst Willy Woo, Dan Tapiero, … Continue reading 1 Billion People Using Bitcoin in the next 4 Years Puts Price North of $500k, says 10T Holdings Co-Founder

Why Bitcoin May Have to Fight the $50K Mark a Bit Longer

Bitcoin (BTC) has been surging to levels never seen in its 12-year history after smashing the then all-time high (ATH) of $20,000 in December 2020 set more than three years ago. Over the weekend, it made a new milestone by skyrocketing to a record-high of $58,300.  Nevertheless, a price correction was inevitable because it sank … Continue reading Why Bitcoin May Have to Fight the $50K Mark a Bit Longer

Bitcoin’s Bullish Rally Comes to an End as Bond Yields Surge and Risk Assets Experience Global Sell-Off

After hitting a high of $58,300 over the weekend, things have turned for the worse as Bitcoin (BTC) has plunged by more than 20% this week. This pullback is the worst weekly slip for the leading cryptocurrency since March 2020.  Risk assets experiencing a global selloff A strengthening dollar is not good news for Bitcoin … Continue reading Bitcoin’s Bullish Rally Comes to an End as Bond Yields Surge and Risk Assets Experience Global Sell-Off

Bitcoin's Illiquid Supply Continues to Grow – What This Means

Bitcoin’s uptrend is currently slowing as the leading cryptocurrency has been down by 10.47% in the last 24 hours, trading at $45,213 at the time of writing, according to CoinMarketCap. This outcome is linked to the fact that risk assets are experiencing a global sell-off, and bond yields are surging on the expectation that inflation … Continue reading Bitcoin's Illiquid Supply Continues to Grow – What This Means

Bitcoin Gains Strong Momentum as It Surpasses the $48K Barrier

Bitcoin (BTC) has been experiencing a price correction ever since it hit an all-time high of $58,300 about a week ago. As a result, the leading cryptocurrency saw a pullback to lows of $42,000.  Nevertheless, BTC has gained in momentum, as acknowledged by crypto analyst Joseph Young. The cryptocurrency is up by 6.1% in the … Continue reading Bitcoin Gains Strong Momentum as It Surpasses the $48K Barrier

Billions May Soon Enter Bitcoin as More Entrepreneurs Are Looking Up to Elon Musk, says Crypto Analyst

As Bitcoin (BTC) inches closer to a market value of $1 trillion once again, the leading cryptocurrency has had to deal with an imminent correction after making a record-breaking move towards $58.3K. BTC has been up by 4.46% to trade at $48,510 with a market cap of $909 billion at press time, according to CoinMarketCap.  … Continue reading Billions May Soon Enter Bitcoin as More Entrepreneurs Are Looking Up to Elon Musk, says Crypto Analyst

Bitcoin Eyes $60,000 Based On the Formation of an Inverse Head & Shoulder Pattern

In the last 24 hours, Bitcoin (BTC) retested the $60k level after it recently set an all-time high of $61.7K. Nevertheless, the leading cryptocurrency has retraced to $58,357 at the time of writing, according to CoinMarketCap. Crypto analyst Carl Martin tweeting under the pseudonym The Moon has revealed that all is not lost because Bitcoin … Continue reading Bitcoin Eyes $60,000 Based On the Formation of an Inverse Head & Shoulder Pattern

Bitcoin Needs to Hold Above $55,000 for It to Test New Highs, says Market Analyst

Bitcoin (BTC) finds itself in a consolidation state after dropping from the psychological mark of $60,000. The leading cryptocurrency is trading at $57,416 at press time, according to CoinMarketCap. Market analyst and trader Michael van de Poppe disclosed that BTC needs to hold above the $55K price level for it to rally higher. He explained: … Continue reading Bitcoin Needs to Hold Above $55,000 for It to Test New Highs, says Market Analyst

Ethereum’s Sideways Consolidation to Continue as Indicator Shows ETH is Currently Undervalued

Ethereum (ETH) finds itself in a consolidation state ever since it breached the $2,000 mark a while back. The second-largest cryptocurrency based on market capitalization is hovering around the $1,643 price at the time of writing, according to CoinMarketCap. Market trader and analyst Michael van de Poppe has noted that ETH’s sideways consolidation will continue … Continue reading Ethereum’s Sideways Consolidation to Continue as Indicator Shows ETH is Currently Undervalued

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