Bitcoin Price Continues To Drop With Seven Daily Red Candles

bitcoinmagazine.com The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Bitcoin And The S&P 500 In our latest monthly report, which focused extensively on the …

Which Developed Country Will Be The First To Adopt Bitcoin?

bitcoinmagazine.com Q: China has so much of our debt and we’ve seen now what the playbook is if you do something that the U.S. doesn’t agree with. As Iran has seen for the last 50 years, as Russia has now quickly seen, what happens when China enters some sort of a sanctioned period of time, …

The Great Wall: Why China’s Central Planners Can’t Handle Bitcoin

bitcoinmagazine.com This is an opinion editorial by Andrew A, a Bitcoin educator and contributor to Bitcoin Magazine Much like the tragic figures of Greek mythology, China has a long and storied history of snatching defeat from the jaws of victory. Its ruling class, in particular, has always had an insatiable appetite for self-flagellation. Banning bitcoin …

‘$ADA Whale’ Says Cardano Could Become ‘Bigger’ Than ‘Anything Seen in Crypto Before’

www.cryptoglobe.com A popular Cardano ($ADA) influencer has recently explained he that Cardano could become “bigger” than “anything seen in crypto before” if decentralized governance on the cryptocurrency’s network works out. In a tweet shared with its nearly 110,000 followers on the microblogging platform Twitter, the pseudonymous Cardano influencer known as “ADA whale” shared that an …

Cardano (ADA) Beats Dogecoin, Ethereum and Bitcoin in On-Chain Transfer Volume Growth

u.today According to a recent report published by Kraken Intelligence, Cardano (ADA) experienced a 16% increase in daily on-chain transfer volume. The cryptocurrency has sufficiently outperformed Bitcoin, Ethereum, Dogecoin, and Algorand. Notably, the largest meme coin experienced a 54% drop in on-chain transfer volume in July. Cardano’s ADA has experienced a 238% increase in daily …

Bitcoin Whales Turn Bearish?, What’s In Store For BTC Over The Weekend

www.newsbtc.com Bitcoin has been moving back and forth along the line between $22,500 and $23,500 with bears increasing their efforts over today’s trading session. The cryptocurrency has seen an increase in selling pressure from BTC whales. Related Reading: This On-Chain Indicator Suggests Bitcoin Still Only 1/3rd Into Bear Market At the time of writing, Bitcoin …

Data Shows Bitcoin Still Highly Correlated With Stock Market

bitcoinist.com Data shows the Bitcoin correlation with the stock market has been high in recent months as the crypto has been closely following S&P 500 and NASDAQ. Bitcoin Has Continued To Mimic Movements Of The US Stock Market In 2022 As per the latest weekly report from Arcane Research, while BTC has been more volatile …