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Bitcoin nears $50K — Here are the BTC price levels to watch next

Bitcoin (BTC) neared $50,000 on Dec. 22 as hopes began to appear that the price correction could be over. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Get bullish once $50,500 breaks — Analyst Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hit highs of $49,600 on Bitstamp — its highest since Dec. 13. A cross-crypto

Bitcoin’s Market Confidence Slips as Retail Sentiment Breaks 30-Day Low

Bitcoin’s retail sentiment breaking a 30-Day low indicates a drop in market confidence. Crypto insight provider Santiment confirmed: “Bitcoin’s drop in market confidence and an increasingly bearish bias indicate the lackluster BTC price performance has caused many to capitulate.”   Santiment added that the slip in market confidence might be a blessing in

Crypto.com Becomes 1st Crypto, NFT Partner with Women’s Professional Sports Team Angels FC

Crypto.com, the world’s fastest-growing cryptocurrency exchange headquartered in Hong Kong, announced on Tuesday that it has partnered with Los Angeles’ Angel City Football Club (ACFC) for exclusive rights to issue official cryptocurrencies and NFTs. This cooperation aims to expand the access and awareness of cryptocurrency, blockchain, and Web3 technologies to the entire Los Angeles football fans, ACFC players, and also

Large Ethereum Whale Pounces on Shiba Inu (SHIB) and One Metaverse Token, Buys Over $212,000,000 Worth of Crypto

Large Ethereum (ETH) whales are gobbling up Shiba Inu (SHIB), according to the crypto tracker WhaleStats. The whale-watching platform reports that the popular Ethereum-based memecoin is the most traded and “biggest hodling” token among the top 1,000 ETH wallets. Shiba Inu is the 13th-largest crypto asset by market cap and currently trading at $0.000033, up

Non-Zero Bitcoin Addresses Hit ATH as Illiquid Supply Sees Major Growth

More participants continue to join the Bitcoin (BTC) network despite the continued consolidation between the $46K and $50K range. Educational platform On-Chain College confirmed: “Bitcoin addresses with a non-zero balance chart continue to make ATHs, now just under 39.5M.”   This, coupled with the fact that Bitcoin’s illiquid supply is experiencing significant growth,

Ethereum Miners Revenue Percentage Reaches Monthly Low

Ethereum users recently got a sigh of relief as the median fees dropped to $5.50 per transaction from highs of $34.18 last month. This has in turn made the percentage of miner revenue from fees on the ETH network reach a monthly low of 36.145%, according to market insight provider Glassnode.  High gas fees have

Turkey Witnesses Resurgence in Crypto Trades Above 1M per day

Turkey is witnessing a resurgence in cryptocurrency trades of above one million per day due to a continuous devaluation of the country’s currency, Reuters reported. Turks have begun to see a safe haven in crypto to avoid the effects of soaring inflation as worries about the country’s economic policy have seen the lira slump nearly

52% of Game Developers Concern about Regulatory Uncertainty, Report says

Decentralized Gaming (DeGames) remains one of the hottest and innovative trends in the blockchain ecosystem this year. A new report from the Blockchain Game Alliance (BGA) showcases the majority of active developers (about 52%) in the space are concerned about the impacts of regulations soon.  The survey draws participants across the gaming industry; 81% of