Hovering just below the $ 47K mark, bitcoin’s price rise has coincided with the Crypto Fear and Greed Index (CFGI) reaching a notable 76 on Jan. 9, 2024. This signals a phase of “extreme greed,” a sentiment intensity not witnessed since the cryptocurrency’s previous bull run in November 2021. Soaring Bitcoin Drives Greed Index …
‘Blockchain Basics Act’ Introduced in Missouri Takes the Bitcoin Regulation Battle to State Level
The Blockchain Basics Act, introduced recently into the Missouri State House, seeks to guarantee crypto-related rights, including self-custody, transacting, mining, and staking, to the state’s people. Proposed by Rep. Phil Christofanelli, the bill aims to take the crypto legislation fight to the state level, according to Dennis Porter, CEO and co-founder of the Satoshi Action […]
Bitcoin Technical Analysis: $38K Resistance Level Holds BTC Back
Between November 16 and 17, 2023, bitcoin (BTC) witnessed a notable shift in its value, exhibiting a price swing from $ 35,579 to $ 37,904 within a 24-hour span. Currently, the turbulent market activity has stabilized, with bitcoin trading at $ 36,387 per unit. Bitcoin On November 17, 2023, bitcoin (BTC) …
Bitcoin, Ethereum Technical Analysis: BTC Remains Near 18-Month High, ETH Recaptures $1,800 Level
After a brief spell above $ 35,000 late on Wednesday, bitcoin retreated below this level during today’s session. Despite the decline, the cryptocurrency continues to trade close to an 18-month high on Thursday. Ethereum rose back above the $ 1,800 level. Bitcoin Bitcoin once again fell below the $ 35,000 level on …
Biggest Movers: MATIC Drops to 10-Day Low, ATOM Rebounds From Key Support Level
Polygon fell for a fourth straight session on Tuesday, as traders pushed the cryptocurrency to a ten-day low. The decline comes as the global market cap remained in the red, having fallen by 0.37% at the time of writing. On the other hand, cosmos rebounded from its lowest point since mid-September. Polygon (MATIC) Polygon (MATIC) […]