BTCUSDT

Breaking: Coinbase Won’t Be Banning All Russian Users Says CEO Brian Armstrong

After two crypto exchanges Binance and Kraken refused a blanket ban on Russian users, Coinbase to joins them! An hour back, Coinbase CEO Brian Armstrong confirmed that they are not considering banning all Russian users from their platform. Crypto exchanges in the U.S. have come under pressure from lawmakers after reports that Russia might use The post Breaking: Coinbase Won’t Be Banning All Russian Users Says CEO Brian Armstrong appeared first on CoinGape.

Recent Bitcoin Rally Had Nothing to do With Sanctions on Russia, Here’s Why

Earlier this week, the Bitcoin (BTC) price rallied all the way to $44,000 levels amid reports that the recent U.S. sanctions on Russia were the reason behind it. However, new data shows that talks of Russians are evading sanctions via crypto don’t seem to be true. As per data from blockchain analytics firm Chainalysis, the The post Recent Bitcoin Rally Had Nothing to do With Sanctions on Russia, Here’s Why appeared first on CoinGape.

NFT Marketplace OpenSea Drops Users Amid Strict U.S. Sanctions

Ethereum-based NFT marketplace OpenSea has started dropping off users from its platform amid the ongoing U.S. Sanctions. This comes as exchanges have been asked to put a ban on Russian users following the recent harsh financial sanctions levied on Russia. However, some exchanges like Binance and Kraken have refused a blanket ban but said that The post NFT Marketplace OpenSea Drops Users Amid Strict U.S. Sanctions appeared first on CoinGape.

TA: Bitcoin Showing Early Signs of Fresh Decline, But $40K Is the Key

Bitcoin started a downside correction and traded below $42,000 against the US Dollar. BTC must stay above $40,000 to avoid a trend reversal. Bitcoin started a fresh decline below the $43,000 and $42,000 levels. The price is trading below $43,000 and the 100 hourly simple moving average. There was a break below a major bullish trend line with support near $42,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might correct further, but the $40,000 support is the key. Bi

Bitcoin Rally Cools Down But BTC Whales Are Becoming Increasingly Active

After a solid start to the week, the Bitcoin rally has finally called down as the BTC price rests currently at $43,500 with 24% gains on the weekly charts. The Bitcoin and crypto market rally come on the backdrop of the major geopolitical situation panning out with the Russia-Ukraine war. Reportedly, as the Russian Ruble The post Bitcoin Rally Cools Down But BTC Whales Are Becoming Increasingly Active appeared first on CoinGape.

TA: Bitcoin Price Gearing For Another Lift-Off: Rally Isn’t Over Yet

Bitcoin made another attempt to gain pace above the $45,000 resistance against the US Dollar. BTC is still consolidating and remain supported near $43,000. Bitcoin spiked above the $45,000 resistance zone and traded as high as $45,349. The price is trading above $43,000 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $42,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct lower, but the bulls might be

Mike Novogratz: Russia-Ukraine War Can Boost Crypto and Blunt the USD

Former Goldman Sachs hedge fund manager and crypto billionaire Mike Novogratz has recently weighed on the crypto market situation amid the ongoing Russia-Ukraine war crisis. Speaking to Bloomberg on Tuesday, March 1, Novogratz said that the Russia-Ukraine war will serve as a potential booster to Bitcoin and crypto while moving people away from the U.S. The post Mike Novogratz: Russia-Ukraine War Can Boost Crypto and Blunt the USD appeared first on CoinGape.

TA: Bitcoin Consolidates Below $45K, What Could Trigger A Correction

Bitcoin spiked to test the $45,000 resistance against the US Dollar. BTC is consolidating gains and might correct lower towards $43,000 in the near term. Bitcoin extended increase and traded close to the $45,000 resistance zone. The price is trading above $44,000 and the 100 hourly simple moving average. There is a key contracting triangle forming with resistance near $44,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct lower if there is a move below th

Massive Buying: Bitcoin (BTC) Shoots 15%, Top Ten Crypto Register Double Digit Gains

The crypto market has completely reversed its trajectory after a week of correction and consolidation. Massive buying has ensued in the broader cryptocurrency market over the last few hours with Bitcoin (BTC) posting a solid 15% plus gains. As of press time, Bitcoin is trading at $43,219 levels with a market cap of $819 billion. The post Massive Buying: Bitcoin (BTC) Shoots 15%, Top Ten Crypto Register Double Digit Gains appeared first on CoinGape.

TA: Bitcoin Rallies Over 12%, Why This Could Be Major Trend Change

Bitcoin broke the key $40,000 resistance zone against the US Dollar. BTC is up over 12% and might continue to rise above the $43,000 level. Bitcoin surged above a few key hurdles near the $40,000 resistance zone. The price is trading above $42,000 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $38,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair has moved into a bullish zone and might accelerate higher

China’s Digital Yuan Can Help Russia Bypass the SWIFT Sanctions, Here’s How

Following Russia’s attack on Ukraine last week, the NATO allies have decided to impose sanctions cutting down Russia from the global SWIFT financial ecosystem. However, this could give rise to central bank digital currencies (CBDCs), especially the one developed by U.S’s economic rival China aka the Digital Yuan. Bloomberg analyst Andy Mukherjee writes that the The post China’s Digital Yuan Can Help Russia Bypass the SWIFT Sanctions, Here’s How appeared first on CoinGape.

Ukrainians Buying Tether (USDT) at 5% Premium as Central Bank Shut Doors on Local Currency

The war-ridden country of Ukraine has seen its citizens moving to crypto as Ukraine’s central bank has started putting restrictions on all digital cash transactions. As a result, users have been buying blockchain-based stablecoins in big numbers. As per the latest report, Tether’s USDT stablecoin is currently trading at a 5% premium on Ukraine’s popular The post Ukrainians Buying Tether (USDT) at 5% Premium as Central Bank Shut Doors on Local Currency appeared first on CoinGape.

TA: Why Bitcoin Must Close Above $40K For Trend Reversal

Bitcoin is struggling to clear the $40,000 resistance zone against the US Dollar. BTC must settle above $40,000 to start a steady upward move. Bitcoin struggled to clear the $40,000 resistance zone and corrected lower. The price is trading below $39,000 and the 100 hourly simple moving average. There was a break below a short-term contracting triangle with support near $38,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a major increase if there is a clo

Parabolic Bitcoin Indicator Points To Dangerous Collapse To Below $20K

Bitcoin price is in a downtrend, after spending nearly a full year in a parabolic uptrend. An indicator bearing the “parabolic” name on monthly timeframes has given a signal, that according to past instances, has always resulted in a catastrophic fall in the top cryptocurrency by market cap. Even if the resulting selloff ends up […]

El Salvador Is Giving $30 In Bitcoin To Its Citizens

Ahead of the September 7 bitcoin law implementation date, El Salvador President Nayib Bukele has unveiled a new government crypto app. The government-issued app, which is known as Chivo, will be used to distribute the bitcoins to citizens. According to reports, every citizen that downloads and registers for the app are automatically eligible for the […]

How Long Does a BTC Top Last?

In this article, we will take a look at previous tops for Bitcoin (BTC) and analyze the length of time it took for them to form. The post How Long Does a BTC Top Last? appeared first on BeInCrypto.

TA: Bitcoin Breaks $35K, Why BTC Bulls Aim A Larger Rally

Bitcoin price regained strength for a fresh increase and it broke $35,000 against the US Dollar. BTC is likely to accelerate higher towards $36,500 or even $37,000. Bitcoin started a fresh increase above the $34,000 and $35,000 resistance levels. The price is now trading nicely above $34,000 and the 100 hourly simple moving average. There […]

Bitcoin Bulls Bring Out Hammer Of Thor Reversal, But Support Must Hold

Bitcoin price is back now at the mid $30,000 range after a quick plunge below $30,000 support this week. The short lived dip below support finally resulted in a worthwhile bounce, leaving behind a reversal signal that in the past has had god-like results. If crypto bulls can hold at current prices by the time the […]

Crypto Isn’t Money, Annual Economic Report On Bitcoin

A recent report from the Annual Economic Report came with several insults on Bitcoin. According to the report, crypto is not money but a speculative asset. One which carries no real value. It highlighted that Bitcoin and other cryptocurrencies have very few redeeming qualities when it comes to the public good. “By now, it is […]

Bitcoin and Ether Market Update June 24, 2021

Total crypto market cap erased $14 billion from its value for the period since Monday and now stands at $1.34 trillion. The top ten coins showed mixed results for the last 24 hours with ether Dogecoin (DOGE) adding 8.3 percent to its value while ether (ETH) lost 3.2 percent. At the time of writing bitcoinRead More